The warning comes 3 months after YouTradeFX sold its Australian customer book to AvaTrade and launched a binary options trading service called Woojoo Trader ASIC has today cautioned Australian investors against dealing with the company or group YoutradeFX for trading in margin foreign exchange (FX). ASIC advises that YoutradeFX is not regulated by ASIC, nor is it licensed to trade in margin FX in Australia, as has been stated by several websites that review and comment upon FX trading. The company previously known as Youtrade Capital Markets Australia Pty Ltd is now known as Golden Sky Australia Pty Ltd and holds an ... (full story)