Forex Broker Australia

How to Find the Best Australian Forex Broker

Forex in Australia is regulated by the Australian Securities and Investment Commission (ASIC). The regulator is charged with enforcing regulatory rules toward the goal of ensuring the safety of investors, consumers and creditors. Since retail forex trading is regulated by the ASIC, too. In short, if you wish to experience trading via your forex broker, Australia is a reasonably safe and comfortable place to get on with the job.

Many of the established and respectable forex brokers for Australians are regulated by the ASIC, and there is no point in trading through an unauthorized company regardless of the attractiveness of the offer. Beginners, in particular, lack the background in finance to understand the brokerage business, and as such, they will do well to place themselves under the protective umbrella of a regulator in order to avoid grave disappointments later.

In order to facilitate your easy access to the best and most efficient regulated brokers in Australia, we have created our own forex broker toplist by carefully picking what we believe to be the best firms in the business. Being in-the-know never hurts, so be sure to check our list before you make your decision.

1
Regulator: FSA
Leverage: 200:1
Min. Deposit: $100
Spread: 1.5 pips*
$2,000
Max. First
Deposit Bonus
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2
Regulator: ASIC
Leverage: 500:1
Min. Deposit: $100
Spread: 3 pips
$2,500
Max. First
Deposit Bonus
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3
Regulator: CySEC
Leverage: 500:1
Min. Deposit: $1
Spread: 1.9 pips
$2,000
Max First
Time Deposit Bonus
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4
Regulator: FSA
Leverage: 200:1
Min. Deposit: $100
Spread: 3 pips
$2,000
Max. First
Deposit Bonus
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5
Regulator: MIFID & ASIC
Leverage: 400:1
Min. Deposit: $100
Spread: Fixed Spread- 3 pips
High Bonus + Free
webinar & signals

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6
Regulator: CySEC
Leverage: up to 1:500
Min. Deposit: $200
Spread: < 1 pip on some majors
$200
Min. Deposit

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- LEVERAGE: Controls the equity you need to take a margin position. E.g. 50:1 leverage means you can take a $5,000 trade with just $100 in your account. Note that a high degree of leverage can work against you as well as for you.
- Leverage over 50:1 for majors and 20:1 for minors is not available to traders in the U.S.
- As indicated in the list, only NFA regulated brokers are available to U.S. customers.
* Broker offers variable spreads which means that the spreads are subject to current market conditions.