ASIC Regulated Forex Brokers
Australia is one of the financial Forex Trading hubs that regulates and oversees activities along with operations through the independent authorizing body –
Australian Securities and Investments Commission (ASIC) see official website, also follow its Twitter @ASIC_Connect for important regulatory updates.
🏦Regulator | Australian Securities and Investments Commission (ASIC) |
📊Max. Leverage | 30:1 |
🔒Negative Balance Protection | Yes |
💰Compensation Scheme | No Compensation Scheme |
The initial concept of a regulatory ASIC all aspects of Australian Stock Exchange operation, as well as strengthening the confidence of investments by supervision of the financial companies through sharp guidelines maintained by the ASIC.
- ASIC Regulated Forex Brokers are known for the strict compliance of procedures (like Fortrade) along with high reliability since the regulation protects and provides strong funds security along with a guarantee from the Australian banks. For more about ASIC read Wikipedia page, or see our article Why trade with ASIC Brokers?
- There are numerous requirements that the broker should conduct, apart from the financial sustainability, operational standards, safe trading environment and audits designed to protect the clients and enable smooth development of the market offering
- ASIC-regulated firm should also provide credit to the general public and in case of insolvency, while ASIC provides assistance to the investors by retrieving their funds.
- ASIC famous for its friendly consumer attitude, which offers a wide range of free online resources with information about financial markets and guidelines to consumers about investing, its pros, cons and much more of other support. See ASIC regulated XM review.
In the result, the number of Australian ASIC regulated brokers shows growing number of companies that open their offices under the ASIC regulation, as well the increasing popularity among the traders to invest in firms regulated by Australia (Australia forex broker).
Best ASIC Regulated Forex Brokers
Here we select some of the best ASIC regulated Forex Brokers
Who are ASIC Regulated Binary Options Brokers?
There is no ASIC Regulated Binary Options Broker, ASIC restricts use and offering of Binary Options recognizing them as highly risky instrument which lack transparency.
Australia ASIC Forex Brokers List
These are the regulated brokers by ASIC that accept clients from Australia:
Broker | Detail | |
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Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: FSC, FSA |
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Min. Deposit: 50 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA |
2
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC |
3
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Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
4
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Min. Deposit: 5 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA, FSA |
5
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Min. Deposit: 10 US$ Max. Leverage: 1:777 Trading Platforms: MT4, MT5, cTrader Regulation: FSC, FSC |
Axiory Review |
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Min. Deposit: 1 USD Max. Leverage: 1:30 Trading Platforms: MT4, MT5, FBS trader, CopyTrade Regulation: CySEC, FSC, FSCA, ASIC |
FBS Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC, SCB |
Eightcap Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, IRESS Regulation: ASIC, FMA |
TMGM Review |
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Min. Deposit: 200 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: cTrader, MT4, MT5 Regulation: ASIC, CySEC |
IC Markets Review |