Top Asic Brokers for 2024

We found 11 online brokers that are appropriate for Trading Asic.

Best Asic Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - March 17, 2024

ASIC Regulated Brokers

ASIC is a regulatory commission of the Australian government. This commission aims to regulate companies and financial services. The rules help protect customers, investors, and creditors in Australia. This commission regulates reputable and credible Forex brokers.

Forex brokers with ASIC licenses must comply with strict audits and compliance procedures. These ASIC-regulated brokers manage their clients’ funds to limit catastrophic financial risks.

ASIC Brokers

ASIC brokers also referred to as the Australian Securities & Investments Commission brokers, are known to be reputable as they abide by strict regulation procedures set by ASIC.

The Australian financial market is regulated by ASIC. ASIC is the main financial regulator. It was established in 1998 as an independent body.

Its primary focus is to protect investors, creditors, and consumers in the country with regulatory rules for the companies and financial services.

ASIC brokers have responsibilities set by ASIC which means they have to follow codes of conduct. ASIC monitors brokers and enforces any ill conduct helping clients to trade in the Australian financial markets.

ASIC Brokers

All stock, forex, CFDs ,and commodities brokers in Australia are highly regulated by ASIC.

ASIC brokers have to follow strict guidelines, including remaining a healthy broker by having operational fund capitalization of at least $1 million.

ASIC brokers should work with tier 1 banks as this will help in keeping broker and clients' funds segregated. This is done, so a brokerage does not have direct access to your funded money. If an ASIC regulated brokerage goes bankrupt, they cannot take your money.

Apart from the above norms, it is mandatory for all ASIC brokers to get an APC license. AFC gives authorisation to brokers to legally trade in Australia.

AFC stands for Australian Financial Securities, and it requires all ASIC brokers to abide by its rules in order to get an APC license.

AFC rules that are strictly followed by ASIC brokers include following risk management standards for traders, providing conflict resolution, streamlining compensation arrangements and abiding by sufficient capitalization.

ASIC Regulations

Regulations are highly important for any financial market to protect traders from fraudulent activities either intentionally or without intention.

The ASIC regulation provides safety, security and reliability in trading. This will further make the financial environment healthy and followed with business ethics. Traders will be able to make a profit and withdraw funds safely.

ASIC regulations also provide compensation to traders if the ASIC brokers become insolvent. This means your money is highly protected if you are making your investments in Australia.

Apart from protections given to traders, the ASIC brokers also benefit. They get more clients for being licensed and more trusted due to strict regulatory norms.

ASIC offers several online resources for free to investors which contain valuable information about the financial environment in the country and trading markets.

Below are some of the important goals of ASIC:

What does ASIC do for Customers?

The Australian securities and investments commission is responsible for keeping a check on financial markets in Australia. Customer support of the Securities and investments commission usually includes the protection of assets, monitoring all transactions, and ensuring client funds and traders are well off conducting business in the Australian market.

Whether it is forex trading or social trading, every trader will want direct market access. Usually, an online broker can assist with that if someone lacks trading experience. However, investors lacking trader education will be prone to scams and losing money rapidly due to an inadequate trading style or their broker was deliberately at fault. All such discrepancies are eliminated with Asic brokers who offer direct market access in a secure and reliable platform. Australian Securities and investment brokers are experienced and monitored by higher authorities to ensure the safety of clients whether they are trading CFDs, forex, and more. Regulated forex brokers should all hold Australian financial services licenses which solidify their reputability. Hence, they are perfectly safe and ideal for beginner traders and even experienced traders as a whole.

ASIC History

ASIC began its regulatory tasks on January 1, 1991. This commission unifies corporate regulators in Australia. This organization replaces the National Companies and Securities Commission Act and the Corporate Affairs offices. It became the Australian Securities and Investments Commission on July 1, 1998. This organization works to protect customers in superannuation, insurance, and deposit-taking and is responsible for corporate governance, financial services, securities and derivatives, insurance, consumer protection, and financial literacy.

ASIC Regulation

ASIC has several regulatory functions. This commission must ensure the rules work to maintain the integrity of financial markets within Australia. ASIC team members on the commission also have a right to investigate suspected breaches. Once the committee has complete evidence, they will release a notification related to breaches. The process involves banning people from joining credit activities and finances that break the law. In this capacity, ASIC pursues this process by seeking civil penalties from the courts before beginning prosecutions.

The Importance of Joining Regulated Brokers

Joining a regulated Forex broker is crucial before becoming a Forex trader, mainly for safety reasons. A competent regulatory body, such as ASIC, controls, and monitors the financial conditions of the brokers. It means Forex traders can invest without worrying about anything.

These brokers will use funds from traders for the right purposes. However, when a trader joins an unregulated broker, this broker is free to do anything, including using money responsibly. This type of broker is known as a scam or fraud broker. ASIC gives the list of regulated Forex brokers. Then, Forex traders can check the list of the regulated brokers online. Traders will get full information, including the history of the organization, past addresses, the list of directors, former names, and their unique identification numbers.

ASIC will also include data about the type of company or organization, registration date, next review date, and the latest location of the registered office. This commission will also include any professional licenses and registrations if the brokers have them. These brokers will give complete support to their traders since ASIC monitors their activities.

Forex Trading

Forex market in Australia is quite popular among traders thanks to the impeccable management of the state's securities and investments commission. The foreign currency market is open for Australian traders to join through an online broker. It is not limited to Australian traders either, foreign investors looking to trade currencies and securities through legitimate forex brokers can start in Australia as well.

An ASIC-regulated broker is especially helpful for retail traders and foreigners as their assets are protected by the state authorities. Engaging in exchange-traded funds or trading CFDs becomes more convenient and reliable through ASIC brokers.

In addition to risk management, ASIC brokers also provide negative balance protection and limit maximum leverage to substantial levels and prevent loss. Retail clients and traders' accounts lose money and will be asked to deposit more by brokers. Should they lack funds, brokers will collect money owed to them. To prevent this from happening, ASIC instills negative balance protection and enforces its implementation.

Forex Brokers with ASIC Regulation

Forex traders can start Forex trading by joining several reputable brokers that have ASIC regulations. Specific Forex brokers such as eToro and IC Markets are two regulated Forex brokers in Australia. You can also join other Forex brokers, including FP Markets, City Index, Pepperstone, and XM. All of these brokers have an ASIC license.

FP Markets is one of the regulated brokers. The ASIC license serial number of this broker is 286354. Pepperstone is also a regulated broker with a 414530 ASIC license serial number. Beware of fake serial numbers. Check it on the official website, asic.gov.au.

You will find the full information about the broker when you type the ASIC license serial number. If no information is available, the broker is using a fake license serial number.

Traders or anyone who wants to find more information about regulated brokers as well as its full detail can Visit ASIC.GOV.AU.

This site provides traders with a PDF guide available for download. The PDF reveals a regulation that manages the steps traders can take to minimize the risk of non-compliance. The guide also explains whaT ASIC looks for when traders assess compliance.

Below are some of the areas of responsibility for ASIC:

In brief, ASIC is highly responsible and provides a safe and secure financial environment for investors, consumers, ASIC brokerages, and other organizations who are related to trading in Australia.

ASIC supervises and simultaneously ensures that the regulatory goals are achieved by making sure rules are followed.

ASiC Brokers

ASiC or the Australian Securities and Investment Commission is one of the most strict regulatory agencies in the financial markets anywhere in the world.

ASiC regulation helps to keep investors safe in Australia.

The ASIC is well known for recovering investments for duped traders as well as prosecuting the industry's errant operators.

Based in Sydney, the agency regulates Australian financial markets and also those territories that come under Australian control. It has branches in all the states and also the territories.

ASiC Functions

The agency was established in the year 2001 and implements corporate regulations mentioned in the Corporations Act of 2001.

It regulates financial services entities, companies, professionals from the financial industries, financial markets, and also the ASIC brokers.

The financial services covered by the agency include loans, superannuation, insurance, deposit-taking businesses, and all investment vehicles.

Consumer Credit Regulator

The ASIC regulates the consumer credit segment in the country. It regulates both corporate entities and individuals working in the consumer credit industry.

The entities include banks, finance companies, credit unions, and ASIC brokers dealing in finance and mortgage.

Market Regulator

The agency conducts regulation of all the financial entities and markets in the country. It reserves the sole decision rights about which derivative instruments should operate in Australia.

It assesses how the markets and Australian brokerages comply with regulations. It determines if the activities in the markets are fair, transparent, and orderly.

ASIC can issue a license for new financial instruments to facilitate more trading and investment. It issues licenses to the so-called ASIC brokers too.

ASIC as a Financial Regulator

The financial services in Australia are also regulated by the ASIC, which monitors such businesses closely and also issues licenses to business houses in the industry.

It is the primary responsibility of ASIC to ensure the market activities are being conducted honestly by financial entities including its ASIC brokers.

The entities which are regulated include stock trading, insurance business, derivatives trading, and fund management businesses.

ASIC Regulated Forex Brokers

Whether it's Australian securities or forex, ASIC brokers have customers covered. Complex trading tools and financial instruments become easier to manage and get acquainted with via legitimate brokers. Additionally, trading accounts are safer and protected by Australian financial services license holders. As such, trading forex becomes a breeze with ASIC-regulated forex brokers.

Should you decide on ASIC-regulated forex brokers, there are certain peculiarities you must consider first. Namely, their license, trading costs such as commission fees, overall quality, and lastly the deposit/withdrawal of major currency pairs.

An ASIC-regulated broker must maintain an active license from the securities and investments commission. Otherwise, it could be troublesome.

Always consider the trading costs of forex. Competitive trading fees may cause brokers to charge more investment commission fees.

The broker in general must offer quality assurance and customer support. How many accounts do they offer and what trading platforms do they trade major currency pairs with? These aspects must be considered.

What means of depositing and withdrawing currencies on trading platforms are available and what is the processing time? Consider these as well.

With all this in mind, the best asic-regulated forex is right within your reach.

ASIC Regulated Brokers Verdict

Forex traders need to find the right Forex brokers to get full support. One of the signs of reputable brokers is that they have ASIC regulations. The ASIC regulation supports the brokers’ work based on the standard. As a result, brokers can serve traders maximally. Traders can also get a secure trading process with the help of regulated Forex brokers.

The main reason for ASIC is to ensure traders use brokers that follow strict financial regulations. Traders and people can differentiate between reputable brokers and scam or fraudulent brokers thanks to regulatory bodies. The ASIC regulation system manages these brokers on a list, along with their ASIC license serial numbers. Traders only have to visit the official website to check the serial number to make sure that the broker is regulated. They can even get the complete guide by downloading it on the official website.

ASiC and Protection of Traders

There are several ways through which the ASIC protects the traders. One of the primary ways is to ensure the business houses in the financial services operate honestly and according to the norms mentioned in the licenses.

ASIC Licenses

Below are some of the entities mentioned to which the ASIC issues licenses:

Suppose a company claims in its documents or advertisements that it is offering financial brokerage, insurance, margin lending, and derivatives trading, it needs to get a relevant license from the ASIC. It also needs to mention it on its official website.

This is the first step to protecting investors in the Australian financial markets. If the company claims to offer the services without getting a proper license from the ASiC, it is suggested to avoid it and not make any deal.

Moreover, the agency maintains three registers - business names, register of companies and business, and professional registers. This is the second step to protection. Traders can find these registers on the official website of the ASiC.

ASiC has all the rights and powers to apply sanctions on professionals, companies, and management of errant companies. This is another step of protection and is carried out based on complaints from investors.

ASIC Brokers Verdict

Australia is one of the best financial destinations for investors and the credit solely goes to the regulatory agency ASiC as well as its so-called ASiC brokers, which help in implementing the regulatory framework.

ASIC is one of the best financial regulators in the world and it effectively looks after the implementation of rules set for the financial markets and traders. Traders from across the world trust ASIC brokers and trade safely in Australia thanks ASIC.

We have conducted extensive research and analysis on over multiple data points on Asic Brokers to present you with a comprehensive guide that can help you find the most suitable Asic Brokers. Below we shortlist what we think are the best asic brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Asic Brokers.

Reputable Asic Brokers Checklist

Selecting a reliable and reputable online Asic trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Asic more confidently.

Selecting the right online Asic trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Asic Brokers in Our Brokerage Comparison Table

When choosing a broker for asic trading, it's essential to compare the different options available to you. Our asic brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a asic broker that best suits your needs and preferences for asic. Our asic broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Asic Brokers of 2024 compared

Here are the top Asic Brokers.

Compare asic brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a asic broker, it's crucial to compare several factors to choose the right one for your asic needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are asic brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more asic brokers that accept asic clients.

Broker IC Markets eToro XM Pepperstone AvaTrade FP Markets EasyMarkets Plus500 Admiral ThinkMarkets Eightcap
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) Australian Securities and Investments Commission (ASIC)
Min Deposit 200 100 5 200 100 100 100 100 200 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 30,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 24,000,000+ 10,000+ 500,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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etoro
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plus500
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admiralmarkets
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thinkmarkets
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eightcap
Risk Warning Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Losses can exceed deposits
Demo IC Markets
Demo
eToro
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
Plus500
Demo
Admiral Markets
Demo
ThinkMarkets
Demo
Eightcap
Demo
Excluded Countries US, IR, CA, NZ, JP ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, CA, IL, IR AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO US, CA, JP, SG, MY, JM, IR, TR RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW US


All Asic brokers in more detail

You can compare Asic Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Asic Brokers for 2024 article further below. You can see it now by clicking here

We have listed top Asic brokers below.

Asic Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
eToro
(4/5)
Min deposit : 100
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 24000000+ traders. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
ThinkMarkets
(3/5)
Min deposit : 0
ThinkMarkets was established in 2010 and is used by over 500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec)
Eightcap
(3/5)
Min deposit : 100
Eightcap was established in 2015 and is used by over 10000+ traders. Losses can exceed deposits Eightcap offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC)

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Losses can exceed deposits
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Losses can exceed deposits