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.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. Read our legal disclaimer.
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