ASIC Regulated Forex Brokers
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 | |
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| Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: cTrader, MT4, MT5 Regulation: ASIC, CySEC | IC Markets Review |
| Min. Deposit: 100 GBP Max. Leverage: 1:30 Trading Platforms: Advantage Web, AT Pro, MT4 Regulation: FCA | City Index Review |
| Min. Deposit: 50US$ Max. Leverage: 1:40 Trading Platforms: MT4, MT5, FOREX.com Platforms Regulation: FCA, IIROC, ASIC, CFTC | Forex.com Review |
| Min. Deposit: 100 US$ Max. Leverage: 1:30 - EU/UK/ 1:300 - AU Trading Platforms: Plus500 Platform Regulation: FCA, CySEC, ASIC, MAS | Plus500 – CFD Service Review |
| Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: eToro Platform Regulation: CySEC,FCA, ASIC | eToro Review |
| Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, AvatradeGo Regulation: Bank of Ireland, ASIC, JFSA, FSCA | AvaTrade Review |
| Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: ASIC | Synergy FX Review |
| Min. Deposit: 500 US$ Max. Leverage: 1:500 Trading Platforms: CommSec, CommSecIRESS Regulation: ASIC | CommSec Review |
| Min. Deposit: 50 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: Maximus Platform, ECN PRO Platfrom, MultiBank Pro Platfrom, MT4, MT5 Regulation: ASIC, BaFin, RAK | MultiBank Exchange Group Review |
| Min. Deposit: 0 US$ Max. Leverage: 1:500 Trading Platforms: MT4 Regulation: ASIC | MEX Exchange Review |