What are the benefits of trading with ASIC regulated forex brokers?

There are numerous requirements that the broker should conduct, apart from the financial sustainability, operational standards, safe trading environment and audits. ASIC regulated firms should also provide credit to the general public and in case of insolvency, ASIC provides assistance to the investors by retrieving their funds.

Is FXTM a ASIC regulated forex broker?

No, FXTM is not a ASIC regulated forex broker. However, FXTM has 5 licenses including ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475. ForexTime UK Limited (www.forextime.com/uk) is authorised and regulated by the Financial Conduct Authority with license number 777911. Exinity Limited (www.forextime.com) is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.

Is FP Markets an ASIC regulated forex broker?

Yes, FP Markets is an ASIC regulated forex broker. FP Markets has 3 licenses including First Prudential Markets Pty Ltd, an ASIC regulated provider of CFD and Forex trading services (ABN 16 112 600 281, AFS License No. 286354), First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus) and FP Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 126 LLC 2019.

Is XM an ASIC regulated forex broker?

Yes, XM is an ASIC regulated forex broker. XM has 5 licenses including Trading Point of Financial Instruments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) (licence number 120/10). XM Global Limited is authorised and regulated by the International Financial Services Commission (IFSC) (license number IFSC/60/354/TS/19). Trading Point of Financial Instruments UK Limited is authorised and regulated by the Financial Conduct Authority (FRN: 705428). Trading Point of Financial Instruments Pty Ltd is authorised and regulated by the Australian Securities and Investment Commission (AFSL 443670). Trading Point MENA Limited is authorised and regulated by the Dubai Financial Services Authority (DFSA) (reference no. F003484).

ASIC Regulated Forex Brokers

Q: What is ASIC?

ASIC is Australian Securities and Investments Commission. It is one of the financial Forex Trading hubs, regulates and oversees activities along with operations through the independent authorizing body Australian Securities and Investments Commission (ASIC). The initial concept of a regulatory organization covers 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

Australia as one of the financial Forex Trading hubs regulates and oversees activities along with operations through the independent authorizing body Australian Securities and Investments Commission (ASIC).

The initial concept of a regulatory organization covers 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.

There are numerous requirements that the broker should conduct, apart from the financial sustainability, operational standards, safe trading environment and audits.
ASIC regulated firm should also provide credit to the general public and in case of insolvency, ASIC provides assistance to the investors by retrieving their funds.

ASIC Regulated Forex Brokers are known for the strict compliance of procedures along with high reliability since the regulation protects and provides strong funds security along with a guarantee from the Australian banks.

Furthermore, the 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. The result of all is the 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.

This also happens due to ASIC allowance to use and offer high leverage ratios like 1:300-1:400, unlike comparing to its peers from Europe and US entities that use the much lower level for margin trade.

Broker	Detail
FXTM	Min. Deposit: US$200 Max. Leverage: 1:30 \| 1:200 Trading Platforms: MT4, MT5, FTXM Trader Regulation: CySEC,FCA, FSCA	1 FXTM Review
GO Markets	Min. Deposit: 200 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5, WebTrader Regulation: ASIC, CySEC	2 GO Markets Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC	3 FP Markets Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	4 Pepperstone Review
BDSwiss	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: ESMA, CySEC, FSC, NFA, FSA	5 BDSwiss Review
Axiory	Min. Deposit: 50 US$ Max. Leverage: 1:777 Trading Platforms: MT4, cTrader Regulation: IFSC	Axiory Review
HotForex	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA	HotForex Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC	Eightcap Review
BlackBull Markets	Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA	BlackBull Markets Review
City Index	Min. Deposit: 100 GBP Max. Leverage: 1:30 Trading Platforms: Advantage Web, AT Pro, MT4 Regulation: FCA	City Index Review