Forex Brokers in Australia

Forex Broker Australia eventually based in Australia, while for the last years Australian proposal widely spread its offering and became one of the leading online-trading hubs which made Australia an important world center for the Forex trading industry.

Forex Trading Platform in Australia

Forex trading is legal in Australia,while for every Brokerage or Forex trading Platform before it legally operates in Australia it is mandatory to obtain an ASIC license. See our list of ASIC Brokers.

Ever since the expansion of Online Trading solutions, Australia immediately established regulations for FX Brokers and CFD Brokers due to the high risks of the trading activity itself. See some of our finds below:

Australia Trading ProsAustralia Trading Cons
Regulated by Top-tier ASICNo Negative Balance Protection
Good safety and Clients protectionNo longer high leverage available
Australia Brokers has high establishment standardsClients from other jurisdictions cant open accounts
No restrictions on Traded Instruments
Numerous Australia Brokers available

Australia Forex Regulations

In fact, Australia Regulation truly extend the establishment of the brokerage offerings and enable industry smooth flow with its great, obviously one of the best client protection in Forex as we see in industry. For more historical facts and its standards, you can check its Wikipedia page, or see our article Why Trade with ASIC Brokers?

  • Historically ASIC was established in 1998 as a national authority toward the Forex industry with intention to establish the best possible practices and make trading available and safe to all.
  • The mission of a national regulatory authority the Australian Securities and Investment Commission (ASIC) is to oversee firms’ financial services integrate corporate and market companies, also to enforce and regulate the operation.
  • ASIC enables good protection of the customers’ rights, for more details and information you can check out the official website also connect to recent updates by following its Twitter @ASIC_Connect.
  • Previously ASIC regulation was popular due to high leverage proposals up to 1:400, however since 2021 ASIC lowered allowed leverage levels to a maximum leverage 1:30 for retail traders, and 1:400 is available for professional traders only

Australia ASIC website

Top 5 Best Forex Brokers Australia

Below you will find a listing of the review Best Forex Broker based in Australia or Brokers accepting clients from Australia. We made the list according to the specified criteria and its Trust Scores so are highly recommended for trading by our Financial Experts:

  • HFM – Best Overall Broker in Australia 2022
  • BlackBull Markets – Best Lowest Spread Broker in Australia 2022
  • FP Markets – Best MT4 Broker in Australia 2022
  • Pepperstone– Best for Beginners Broker in Australia 2022
  • BDSwiss – Best EA Trading Broker in Australia 2022

Who are Crypto Brokers Australia?

There are Brokers in Australia that provide access to Crypto Exchanges where trader need to create Crypto wallet first and trade real Cryptos, or to speculate on a price movement only using CFD Cryptocurrencies, like majority of Forex brokers offer. You can check Pepperstone and FP Markets.

Australian Forex Brokers List

This is full list of brokers verified by us that accept clients from Australia or Brokers based in Australia:

Broker Detail
Fineco Bank Review Fineco Bank
Min. Deposit: 0 US$
Max. Leverage: 1:30
Trading Platforms: Powerdesk, Stock Screener
Regulation: CONSOB, ECB
Fineco Bank Review
Swissquote Review Swissquote
Min. Deposit: 1,000 US$
Max. Leverage: 1:100 | 1:30
Trading Platforms: eTrader, Swiss DOTS
Swissquote Review
Dukascopy Review Dukascopy
Min. Deposit: 1,000 US$
Max. Leverage: 1:30
Trading Platforms: JForex, MT4
Regulation: FINMA
Dukascopy Review
InterTrader review InterTrader
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: InterTrader, MT4, Sigma Trading
Regulation: FCA
InterTrader Review
FXOpen Review FXOpen
Min. Deposit: $1
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, TickTrader
Regulation: FCA, CySEC, ASIC
FXOpen Review
ATC Brokers review ATC Brokers
Min. Deposit: 5,000 US$
Max. Leverage: 1:30
Trading Platforms: MT4
Regulation: FCA, CIMA
ATC Brokers Review
ADS Securities Broker review ADS Securities
Min. Deposit: 100 US$
Max. Leverage: 1:400
Trading Platforms: OREX, MT4
Regulation: UAE Central Bank, FCA, SFC
ADS Securities Review
GKFX Prime
Min. Deposit: $0
Max. Leverage: 1:1000
Trading Platforms: MT4. MT5, Social Trading
Regulation: FSC BVI, SECC
GKFX Prime Review