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Yes, BOQ broker is safe to trade with, thanks to its regulation by ASIC. This means that BOQ broker operates under the strict financial rules and regulations enforced by ASIC, ensuring a high standard of service and consumer protection. For example, BOQ broker must comply with ASIC’s capital requirements, which ensures that the bank remains financially stable and able to meet its obligations to customers. From a safety perspective, I find this reassuring, especially when comparing it to unregulated brokers that might not be held to the same rigorous standards. Furthermore, ASIC’s role in monitoring BOQ broker’s activities means that they are subject to regular audits and reviews, which adds another layer of protection for traders and investors. However, as with any financial institution, it’s essential to be aware of the trading model. BOQ broker is a Market Maker, which means they may take the opposite side of your trades, and this could affect the trading experience. While ASIC’s regulation ensures fairness in many respects, it’s still a good idea to consider whether a Market Maker model aligns with your trading style and needs.