Best Asic Brokers Guide
ASIC Brokers
ASIC brokers also refered 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 the 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 the 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:
- Keep tight control of companies with respect to the finance industry in Australia.
- Offer information to clients and ASIC brokers as well about financial markets.
- Ensure the law is being followed by the ASIC brokers, financial companies and traders.
- Strict implementing of regulatory law.
Below are the areas of responsibility of ASIC:
- Financial services
- Corporate governance
- Insurance
- Securities and derivatives
- Financial literacy
- Consumer protection
In brief, ASIC is highly responsible and provides a safe and secure financial environment for investors, consumers, ASIC brokerages and other organisations who are related to trading in Australia.
ASIC supervises and simultaneously ensures that the regulatory goals are achieved by making sure rules are followed.
SiC 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 in recovering investments for duped traders as well as prosecuting 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 regulation 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 is 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 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:
- Those companies which offer financial products like financial advisory services and managed funds services.
- The market markers
- The firms which offer trustee company management services.
- Such operators which provide managed investment schemes.
- It offers licenses to ASiC brokers.
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 protect 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 to 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 helps 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 to ASIC.
We've collected thousands of datapoints and written a guide to help you find the best Asic Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best asic brokers below. You can go straight to the broker list here.
Reputable Asic Brokers Checklist
There are a number of important factors to consider when picking an online Asic trading brokerage.
- Check your Asic broker has a history of at least 2 years.
- Check your Asic broker has a reasonable sized customer support of at least 15.
- Does the Asic broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Asic broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Asic broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Asic broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Asic Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Asic Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Asic Brokers of 2020 compared
Here are the top Asic Brokers.
Compare Asic Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
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ThinkMarkets
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City Index
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Admiral
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Axitrader
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| Rating | ||||||||||
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | 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 | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Min Deposit | 100 | 200 | 200 | 100 | 250 | 5 | 250 | 25 | 200 | No minimum deposit |
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| Used By | 10,000+ | 60,000+ | 10,000+ | 15,500+ | 200,000+ | 70,000+ | 10,000+ | 14,000+ | 10,000+ | 10,000+ |
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| Platforms | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with fpmarkets |
Sign
Up with icmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with avatrade |
Sign
Up with xm |
Sign
Up with thinkmarkets |
Sign
Up with cityindex |
Sign
Up with admiralmarkets |
Sign
Up with axitrader |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 | 80.5% 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. | 79% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
FP Markets Demo |
IC Markets Demo |
Pepperstone Demo |
Plus500 Demo |
AvaTrade Demo |
XM Demo |
ThinkMarkets Demo |
City Index Demo |
Admiral Markets Demo |
Axitrader Demo |
| Excluded Countries | US, JP, NZ | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BR, KR, IR, IQ, SY, JP, US | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, IL, KR, IR, MM, CU, SD, SY | 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, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | US, CA, JP, SG, MY, JM, IR, TR | US, JP |
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 2020 article further below. You can see it now by clicking here
We have listed top Asic brokers below.
Asic Brokers Table of Contents
- Asic Brokers Explained
- 6 Factors to Consider when Choosing Asic Brokers
- Are Your Asic Brokers Trusted And Established?
- Are The Asic Brokers World Leading?
- What are the Asic Brokers Commissions and Fees?
- What are the Asic Brokers Funding and Withdrawl Methods?
- Find Asic Brokers with Round-the-clock support?
- Make sure the Asic Brokers Offer Comprehensive Trader resources?
- Why do Asic Brokers need to be regulated?
- Asic Brokers FAQ
- What are the best Asic brokers?
- What is the best Asic broker?
- Related Asic Brokers Reviews
- Related Asic Brokers Alternatives
- Related Asic Brokers Comparisons
Asic Brokers Explained
Trading the financial markets with Asic Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Asic Brokers is the platform that a Asic Brokers offer.
Choose Asic Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Asic Brokers that you can rely on.
6 Factors to Consider when Choosing Asic Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Asic Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Asic broker is FP Markets. Established in 2005, and in operation for 15 years FP Markets have a head office in Australia.
FP Markets is regulated. This means FP Markets are supervised by and is checked for conduct by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
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| Year Established | 2005 | 2007 | 2010 | 2008 | 2006 | 2009 |
| Head Office | Australia | Australia | Australia | Israel | The British Virgin Islands | Cyprus |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | 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 | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Used By | 10,000+ | 60,000+ | 10,000+ | 15,500+ | 200,000+ | 70,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | No | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit FP Markets | Visit IC Markets | Visit Pepperstone | Visit Plus500 | Visit AvaTrade | Visit XM |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 | 80.5% 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. | 79% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk |
Are The Asic Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. FP Markets Segregates clients funds and offers over 100 instruments. FP Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, FP Markets supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. FP Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Asic Brokers is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
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| Instruments Available | 100 | 232 | 100 | 2,000 | 250 | 100 |
| Platforms | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, JP, NZ | US | BR, KR, IR, IQ, SY, JP,US | BE, US, CA ,CN, SG, ID, PH | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, IL, KR, IR, MM, CU, SD, SY |
| Forex pairs offered | 60 | 65 | 70 | 100 | 80 | 80 |
| Forex pairs offered | 60 | 65 | 70 | 100 | 80 | 80 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | Yes | No |
| Commodities Offered | 18 | 19 | 16 | 17 | 16 | 15 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | No |
| Stocks Offered | 10000 | 100 | 60 | 1816 | 99 | 160 |
| UK Shares | Yes | No | No | Yes | Yes | No |
| US Shares | Yes | Yes | No | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | No | Yes | Yes | Yes |
What are the Asic Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Asic broker FP Markets offers competitive offers for Forex, CFDs. FP Markets minimum deposit is 100.
Another top rated Asic broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
| Broker |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
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| Min Deposit | 100 | 200 | 200 | 100 | 250 | 5 |
| Withdrawl Fees | No | No | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | Yes |
| Deposit Fees | Yes | Varies | No | No | No | No |
| CFD Commission Fees | Yes | Yes | Yes | No | No | No |
What are the Asic Brokers Funding and Withdrawal Methods?
When dealing with Asic Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | No |
| Skrill | Yes | Yes | Yes | Yes | No | No |
| Payoneer | No | Yes | No | Yes | No | |
| Neteller | Yes | Yes | Yes | No | Yes | Yes |
Find Asic Brokers with Round-the-clock support?
Customer service is very important when dealing with Asic Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Asic Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
FP Markets support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
FP Markets and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
FP Markets
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IC Markets
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Pepperstone
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Plus500
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AvaTrade
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XM
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| Support |
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| Languages | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Italian, German, French, Greek, and Hebrew | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |
| Learn More | Visit FP Markets | Visit IC Markets | Visit Pepperstone | Visit Plus500 | Visit AvaTrade | Visit XM |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 | 80.5% 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. | 79% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk |
Make sure the Asic Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, FP Markets and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Asic Brokers need to be regulated?
A regulated Asic broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Asic brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Asic Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account