The Forex and CFD broker Peto a/k/a PetoFX is operated by the UK-registered Peto Global Limited, controlled by the Chinese Guidong Zhang. Peto does not have regulatory permission to offer financial products in Europe and North America. In Australia, Peto Global (AUST.) Ltd operates as an Authorized Representative of ASIC-regulated RS Finance (Aust) Pty Ltd. PetoFX was acquired by Global Forex Service Limited, another registered agent of RS Finance (Aust.) Pty Ltd.