ASIC — Australia
MORRISON SECURITIES PTY LIMITED
Regulated · No. 241737
Morrison Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC · No. 241737 • BY
Licence status
Regulated
Platforms
Iress, TradeCentre, TradeFloor +2 more
Instruments
Cash equities, equity options, warrants, ETFs
Operating
Est. 2002
Main market
AU
Entity
MORRISON SECURITIES PTY LIMITED
Website
Unknown
Morrison is a forex & CFD broker based in Australia, established in 2002. On Trust Broker Hub it holds a Trust Score of 5.5 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, Morrison is regulated by ASIC and BY, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Morrison provides access to Cash equities, equity options, warrants, ETFs. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, Morrison has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Morrison currently scores 5.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
BY — United Kingdom
MORRISON SECURITIES PTY LIMITED
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Cash equities, equity options, warrants, ETFs, XTBs, LICs, LITs, and Tracers |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Iress, TradeCentre, TradeFloor, Refintiv, Bloomberg Terminal |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Morrison
Our analysis · editorial
5.5/10
A mixed risk profile
Morrison holds a tier-1 regulatory licence among its 2 registrations (ASIC, BY). Based in Australia, it has been operating for about 24 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.5/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (ASIC, BY)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 24-year operating track record
- No complaints on record with us
- Supports Iress & TradeCentre trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Morrison — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Morrison here if that changes.
Full specifications
Regulated region
Australia
Operating period
20+ years
Main market
AU
Licensed entity
MORRISON SECURITIES PTY LIMITED
License status
Regulated
Instruments
Cash equities, equity options, warrants, ETFs, XTBs, LICs, LITs, and Tracers
Year founded
2002
Frequently asked
Is Morrison a safe broker?
Morrison scores 5.5 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Morrison trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Morrison?
Morrison doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.