Unicorn Finance should be avoided by new clients. The brand was historically presented as an Australian forex and CFD broker, but the company associated with it no longer has an active ABN, its former regulatory connection is no longer current, and there is no reliable evidence that the brokerage, website, trading platform or client-support operation is functioning.
That distinction matters. Older reviews describe attractive features such as MetaTrader 4, forex and CFD access, competitive spreads and high leverage. Those were historical claims—not verified terms available today. A broker cannot be assessed only by what it once advertised when its current licence, account-opening process and withdrawal arrangements cannot be confirmed.
What was Unicorn Finance?
Unicorn Finance was marketed as an online broker offering leveraged foreign-exchange and CFD trading. Historical broker pages associated the brand with Unicorn Financial Investments Pty Ltd, an Australian private company.
| Record | Details |
|---|---|
| Company | Unicorn Financial Investments Pty Ltd |
| ABN | 59 617 374 320 |
| ACN | 617 374 320 |
| ABN status | Cancelled from 5 December 2019 |
| Main business location | New South Wales, Australia |
The ABN information comes from the Australian Business Register. Some broker-review pages publish ACN 617 372 320, but the official register identifies 617 374 320 and should be preferred.
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Is Unicorn Finance currently operating?
The available evidence points to closure or inactivity. The Australian Business Register shows the associated company’s ABN as cancelled. Independent broker databases report that the website is inactive or unavailable, that the business no longer serves clients, and that no valid current forex authorisation can be confirmed.
The historical authorised-representative relationship associated with the business is also reported as ceased, with an end date of 27 July 2018. Current broker-monitoring records describe the former status as inactive or revoked.
As a result, it would be inaccurate to describe Unicorn Finance as an active ASIC-regulated broker. The more defensible description is:
Unicorn Finance was historically associated with Australian regulatory registrations, but current records do not show an active licence or operating brokerage.
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There is also no verified current account-opening flow, client portal, trading server, fee schedule or withdrawal procedure. Do not rely on old instructions telling you to click an “Open Account” button, choose a named account type or download an MT4 terminal from the former website.
Historical features: what older reviews claimed
Older reviews attributed several conventional retail-trading features to Unicorn Finance. They are included here only to explain the broker’s former offering, not as current specifications.
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MetaTrader 4
Historical descriptions said the broker supported MetaTrader 4, including its charting tools, technical indicators and automated-trading capabilities. There is no current evidence that Unicorn Finance still operates MT4 servers, maintains account credentials or executes trades.
Forex and CFDs
The former offering was described as covering currency pairs, indices and commodities, including metals and energy products. One historical review mentioned 57 currency pairs and 31 indices. Those figures should not be treated as a live instrument list.
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Leverage and spreads
Published historical details were inconsistent. One review reported leverage of up to 1:400, while a later source cited 1:100. EUR/USD spreads were described as approximately 1.5 pips in one place and as low as 0.1 pips in another. The account type, date, liquidity conditions and execution method behind those figures are not clear.
| Feature | Historical claims | Current status |
|---|---|---|
| Platform | MetaTrader 4 | Not verified as operational |
| Products | Forex, indices, commodities and other CFDs | Not verified as available |
| Maximum leverage | 1:100 to 1:400, depending on the source | No current terms verified |
| Minimum deposit | Not disclosed in one review; about US$200 in another | No current requirement verified |
| EUR/USD spread | About 1.5 pips or claims as low as 0.1 pips | No live pricing verified |
| Payment methods | Bank transfer, cards, Skrill, POLi and China UnionPay | No current deposit or withdrawal channel verified |
Pros of Unicorn Finance
There are some historical positives, but none is a reason to open an account now.
1. Familiar trading software
MT4 was a practical choice for traders who wanted established charting, indicators and expert-advisor support. Its widespread use could make the platform easier to learn than a proprietary system.
2. Broad historical market coverage
The reported combination of forex pairs, indices, metals and energy products would have allowed traders to access several leveraged markets from one account.
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3. Several historical payment options
Older material listed bank transfers, debit and credit cards, Skrill, POLi and China UnionPay. A range of payment methods can be useful, particularly where bank transfer is slow or inconvenient. However, no current payment route can be confirmed.
4. Advertised trading conditions appeared competitive
Historical spread and leverage claims may have looked attractive to active traders. They were not consistent across sources, however, and advertised pricing is not the same as independently verified execution quality.
Cons and risks
No verified active regulation
This is the central issue. The available records do not establish a current financial-services licence for the broker. A historic reference to ASIC or an Australian representative arrangement should not be treated as evidence of present-day protection.
The associated ABN is cancelled
The ABN cancellation on 5 December 2019 does not, by itself, prove that the business committed fraud or explain what happened to every former client account. It does mean the company should not be presented as a currently active Australian financial-services business without additional, current evidence.
Website and account access are uncertain
Reports that the former website is inactive or offered for sale create several practical problems:
- Existing login credentials may no longer work.
- Current terms, fees and risk disclosures cannot be checked reliably.
- Customer support contact details may be obsolete.
- There is no confirmed withdrawal workflow.
- Client-money arrangements cannot be independently verified.
- There is no reliable confirmation that a trading server remains online.
Withdrawal and recovery risk
There is no current authoritative withdrawal process that can be cited. Anyone claiming to represent the former broker and asking for a further deposit, tax payment, “unlocking” charge, verification fee or recovery fee should be treated as high risk.
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Do not send money to a supposed recovery agent simply because that person knows your account number or sends old-looking broker documents. No reviewed source identifies a verified official recovery channel.
Historical information conflicts
The disagreements over leverage, minimum deposits, spreads and regulation make old review pages unsuitable as product documentation. A page that says “ASIC regulated” may be describing an earlier period and should not override current registry information.
Important name distinction: Unicorn Finance Group
The UK Financial Conduct Authority issued a 2012 warning about an entity called Unicorn Finance Group, using a Hong Kong address and the domain unicornfinancegroup.com. That warning should not automatically be attributed to the Australian Unicorn Finance broker. The names are similar, but the available FCA warning concerns a differently named entity and domain.
This distinction does not improve the Australian broker’s current position; it simply avoids combining separate businesses into one unsupported allegation.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What former clients should do
- Do not add funds. Do not pay a fee to release, verify or recover an account unless the recipient has been independently verified through an official regulator or your original payment provider.
- Save your records. Keep account statements, trade confirmations, emails, chat logs, payment receipts, bank details and screenshots of the former client portal.
- Contact the payment provider. Ask your bank, card issuer or payment service whether a dispute, recall or chargeback process is available. Time limits may apply.
- Report suspicious contact. Contact the relevant financial regulator and law-enforcement or fraud-reporting service in your jurisdiction.
- Secure related accounts. Change reused passwords and be cautious of messages requesting identity documents, remote desktop access or cryptocurrency payments.
Unicorn Finance verdict
Overall assessment: Avoid. The former broker may have offered normal retail forex and CFD features, but those historical features are not enough to support a current recommendation. The associated company has a cancelled ABN, the historical regulatory relationship is no longer active, and the brokerage infrastructure cannot be verified.
For a new trader, the answer is no: Unicorn Finance is not suitable. There is no verified current licence, functioning account-opening process, reliable fee schedule or official withdrawal route.
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For a former client, the priority is documentation and payment-provider assistance—not sending more money to obtain access or fund a supposed recovery.
FAQ
Is Unicorn Finance ASIC regulated?
Do not describe it as currently ASIC regulated. Historical material associated the brand with Australia, but the company’s ABN is cancelled and current records do not show an active licence or operating brokerage.
Can I open a Unicorn Finance account?
There is no verified current account-opening process. The former website and client infrastructure are reported as inactive or unavailable, so new clients should not submit money or identity documents.
Did Unicorn Finance offer MetaTrader 4?
Historical reviews said it offered MT4. There is no current evidence that its MT4 servers, downloads, accounts or trade execution remain operational.
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1Clear out junk files and repair common Windows errors2Scan for outdated or missing drivers - takes under a minute3Repair Windows errors before they cause bigger problemsWhat was Unicorn Finance’s minimum deposit?
Historical sources conflict. One did not disclose a minimum, while another reported approximately US$200. Neither figure should be treated as a current requirement.
What should I do if Unicorn Finance contacts me about a withdrawal?
Do not pay additional taxes, release charges, verification fees or recovery fees without independent verification. Save the messages and contact your bank, card issuer, payment provider and relevant regulator.
Is Unicorn Finance Group the same business?
Not on the evidence reviewed. The FCA warning for Unicorn Finance Group concerns a differently named entity, a Hong Kong address and a separate domain. It should not automatically be attributed to the Australian broker.
The Bottom Line
Bottom line: Unicorn Finance is inactive or unverified and unsuitable for new clients as of 8 August 2026. Treat old claims about ASIC regulation, MT4, leverage, spreads and payment methods as historical only. Do not deposit funds, and approach any supposed recovery representative with extreme caution.
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