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 and fact checked by Senad Karaahmetovic, Last updated - July 25, 2024
ASIC Regulated Brokers
ASIC brokers, also known as Australian Securities & Investments Commission brokers, are reputable because they adhere to strict regulation procedures set by ASIC.
Over the past five years, the Australian Securities and Investments Commission (ASIC) has significantly enhanced its regulatory framework, making it a strong choice for new traders seeking well-regulated brokers. ASIC has improved its digital infrastructure and cybersecurity measures to ensure safe online trading, responding to the significant increase in online trading activities. The commission has also expanded its focus to include new financial instruments such as cryptocurrencies and complex derivatives, providing better oversight and protection for traders. Additionally, ASIC has increased its focus on environmental, social, and governance (ESG) criteria, aligning with the growing demand for sustainable investing. These enhancements ensure that ASIC-regulated brokers offer a secure, transparent, and reliable trading environment.
What is ASIC?
ASIC is a regulatory commission of the Australian government tasked with regulating companies and financial services. Its rules help protect customers, investors, and creditors in Australia. This commission regulates reputable and credible forex brokers.
ASIC began its regulatory tasks on January 1, 1991, unifying corporate regulators in Australia. It replaced the National Companies and Securities Commission Act and the Corporate Affairs offices, becoming the Australian Securities and Investments Commission on July 1, 1998.
ASIC protects customers in superannuation, insurance, and deposit-taking and is responsible for corporate governance, financial services, securities and derivatives, insurance, consumer protection, and financial literacy. Forex brokers with ASIC licenses must comply with strict audits and compliance procedures to manage clients’ funds and limit financial risks.
ASIC Brokers
All stock, forex, CFD, and commodities brokers in Australia are highly regulated by ASIC. ASIC brokers should work with tier 1 banks to keep broker and client funds segregated, ensuring a brokerage does not have direct access to client funds. If an ASIC-regulated brokerage goes bankrupt, they cannot take your money. Additionally, all ASIC brokers must obtain an Australian Financial Services (AFS) license, authorizing them to legally trade in Australia.
ASIC brokers must follow risk management standards for traders, provide conflict resolution, streamline compensation arrangements, and ensure sufficient capitalization.
Best ASIC Brokers
IC Markets
IC Markets is a standout choice for traders who prioritize precision and speed. Offering advanced trading platforms like MT4, MT5, cTrader, and TradingView, IC Markets ensures minimal latency with lightning-fast execution averaging 40ms. This broker is perfect for scalpers and day traders who rely on quick order execution. With tight spreads across a wide range of assets, including Forex, commodities, indices, and cryptocurrencies, IC Markets caters to seasoned traders seeking a competitive edge. Regulated by ASIC (Australia) and CySEC (Cyprus), it provides a robust regulatory environment that enhances trader confidence.
RoboForex
RoboForex appeals to traders looking for flexibility, competitive fees, and powerful trading tools. Known for offering high leverage and ultra-competitive spreads starting virtually at zero, RoboForex is ideal for traders aiming to maximize returns. The platform supports various interfaces, including MT4 and MT5, ensuring seamless trading experiences across devices. Features like EA scripting and high leverage options cater to advanced traders, though it’s important to manage the associated risks. RoboForex's intuitive design and swift execution capabilities make it a strong contender for those looking to capitalize on rapid market movements.
eToro
eToro stands out by combining social trading with traditional brokerage services. It’s perfect for traders who want to follow and copy the trades of successful investors through its CopyTrading feature. With over 30 million users, eToro offers a user-friendly interface and community-driven trading insights. It’s ideal for traders who appreciate a collaborative trading environment. Regulated by CySEC and the FCA (UK), eToro ensures a high level of safety and security for European traders.
XTB
XTB is an excellent choice for traders who prioritize in-depth market analysis and education. It offers an extensive suite of research tools and educational resources, catering to both novice traders and seasoned professionals looking to refine their strategies. With regulations from the FCA and CySEC, XTB provides a secure and compliant trading environment. This broker is best suited for those who value thorough market analysis and are committed to improving their trading skills.
XM
XM offers a well-rounded trading platform with a strong focus on customer support. It provides various account types and a wide range of trading instruments, making it ideal for traders who need reliable customer service and diverse asset options. XM is regulated by ASIC, CySEC, and the IFSC, ensuring a high degree of regulatory oversight and trader protection.
Pepperstone
Pepperstone is known for its commitment to customer satisfaction and diverse trading offerings. It caters to a broad spectrum of trader preferences, whether focused on Forex or alternative asset classes. Pepperstone's comprehensive suite of options ensures that trading needs are met with precision. Backed by regulatory oversight from the FCA and ASIC, Pepperstone upholds high standards of integrity and reliability, making it a trusted choice for experienced traders.
AvaTrade
AvaTrade is a versatile broker, offering a wide range of funding and withdrawal options to suit CFD traders' needs. Its mobile app, AvaTradeGo, and the social trading platform, AvaSocial, blend convenience with community, making trading a shared venture. AvaTrade’s commission-free structure and diverse selection of instruments enhance cost-efficiency, appealing to traders who value flexibility and community. Regulated by ASIC and other authorities, AvaTrade provides a secure trading environment.
ASIC Regulations
Regulations are crucial for any financial market to protect traders from fraudulent activities. ASIC regulations provide safety, security, and reliability in trading, fostering a healthy financial environment and promoting business ethics. Traders can profit and withdraw funds safely.
ASIC regulations also provide compensation to traders if the ASIC brokers become insolvent, ensuring your money is protected when investing in Australia. Besides protecting traders, ASIC brokers benefit from increased trust and client acquisition due to their stringent regulatory compliance.
ASIC offers several online resources for free to investors, containing valuable information about the financial environment in the country and trading markets.
Goals of ASIC
- Maintain tight control over companies in the finance industry in Australia.
- Provide information to clients and ASIC brokers about financial markets.
- Ensure compliance with the law by ASIC brokers, financial companies, and traders.
- Strictly enforce regulatory laws.
What Does ASIC Do for Customers?
ASIC oversees financial markets in Australia, ensuring the protection of assets, monitoring transactions, and safeguarding client funds. Whether it's forex trading or social trading, every trader seeks direct market access, which ASIC-regulated brokers provide on secure and reliable platforms.
ASIC-regulated brokers must hold Australian Financial Services licenses, solidifying their reputability. They are monitored by higher authorities to ensure the safety of clients trading CFDs, forex, and more, making them ideal for both beginner and experienced traders.
ASIC Regulation and Protection
Here's how ASIC protects your trades:
- Regulatory Oversight: ASIC monitors financial service providers to ensure compliance with laws, including capital requirements and fair trading practices.
- Client Money Protection: ASIC mandates that brokers segregate client funds from the company's operating funds, protecting client money in case of insolvency.
Here's how ASIC protects your trades:
- Regulatory Oversight: ASIC monitors financial service providers to ensure compliance with laws, including capital requirements and fair trading practices.
- Client Money Protection: ASIC mandates that brokers segregate client funds from the company's operating funds, protecting client money in case of insolvency.
- Transparent Operations: Brokers must provide clear information about their products and services, including trading risks, to help traders make informed decisions.
- Market Integrity: ASIC promotes investor and consumer confidence by maintaining and enhancing the performance of the financial system.
- Dispute Resolution: Brokers must have effective complaints handling and dispute resolution processes for fair and prompt resolutions.
- Education and Resources: ASIC offers educational resources and tools to help traders and investors understand trading products, risks, and rights.
- Market Surveillance: ASIC conducts surveillance to detect and prevent market manipulation and other unfair practices, ensuring a level playing field.
Why Choose a Regulated ASIC Broker
Joining a regulated forex broker is crucial for safety. ASIC-regulated brokers are controlled and monitored by a competent regulatory body, ensuring they use trader funds appropriately and preventing fraudulent activities. Traders can verify brokers' licenses and check their reputability on the ASIC website (asic.gov.au).
Forex Trading
The forex market in Australia is popular among traders due to ASIC's impeccable management. Both Australian and foreign investors can trade currencies and securities through legitimate forex brokers regulated by ASIC. These brokers offer risk management features like negative balance protection and limited leverage to prevent excessive loss.
Forex Brokers with ASIC Regulation
Forex traders can start trading by joining reputable brokers with ASIC regulations, such as eToro, IC Markets, FP Markets, City Index, Pepperstone, and XM. For example, FP Markets has an ASIC license number 286354, and Pepperstone has a license number 414530. Verify these numbers on the official ASIC website to avoid fake licenses.
For more information about regulated brokers, visit the ASIC website (asic.gov.au), where you can download a PDF guide explaining ASIC regulations and compliance steps.
ASIC ensures a safe and secure financial environment for investors, consumers, brokerages, and other trading-related organizations in Australia.
Consumer Credit Regulator
ASIC regulates the consumer credit segment, overseeing banks, finance companies, credit unions, and brokers dealing in finance and mortgage.
Market Regulator
ASIC regulates all financial entities and markets in Australia, deciding which derivative instruments operate in the country. It assesses market compliance with regulations and ensures fair, transparent, and orderly activities. ASIC can also issue licenses for new financial instruments.
Financial Regulator
ASIC closely monitors and licenses businesses in the financial services industry, ensuring honest market activities. This includes stock trading, insurance, derivatives trading, and fund management businesses.
ASIC Licenses
- Companies offering financial products like financial advisory and managed funds services.
- Market makers.
- Firms providing trustee company management services.
- Operators of managed investment schemes.
- ASIC brokers.
Companies claiming to offer financial services must have a relevant ASIC license and disclose it on their official website. Traders can verify these licenses on the ASIC website, which maintains registers of business names, companies, and professionals.
ASIC has the authority to sanction professionals, companies, and management based on investor complaints, ensuring regulatory compliance.
ASIC Regulated Forex Brokers
ASIC-regulated brokers make complex trading tools and financial instruments easier to manage, providing safer trading accounts through Australian financial services license holders. When selecting an ASIC-regulated broker, consider their license, trading costs, quality, and deposit/withdrawal methods.
How to Select an ASIC Broker
Choosing an ASIC-regulated broker involves careful consideration of several factors:
- Regulatory Compliance: Verify the broker's ASIC registration to ensure adherence to regulatory standards.
- Trading Platforms and Technology: Evaluate the user-friendliness and features of the broker's trading platforms.
- Product Offerings: Ensure the broker offers the markets you're interested in, such as forex, stocks, commodities, or cryptocurrencies.
- Fees and Spreads: Compare the broker's fee structure, including spreads, commissions, and other charges.
- Customer Support: Check for responsive and helpful customer service.
- Deposits and Withdrawals: Look for secure and straightforward processes with reasonable withdrawal times.
- Educational and Analytical Resources: Access to educational materials and market analysis is valuable for enhancing trading knowledge.
- Account Types and Leverage: Ensure the broker's account types and leverage options align with your trading style and risk tolerance.
- Reputation and Reviews: Research the broker's reputation through client reviews and feedback.
ASIC Brokers Verdict
Australia is one of the best financial destinations for investors, largely due to ASIC's regulatory framework. ASIC is one of the world's top financial regulators, effectively implementing rules for financial markets and traders. Traders worldwide trust ASIC brokers for safe trading in Australia.
Reputable brokers have ASIC regulations, supporting their operations based on high standards. Traders can enjoy a secure trading process with the help of regulated forex brokers, ensuring they use brokers that follow strict financial regulations.
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:
- Ensure your chosen Asic broker has a solid track record of at least two years in the industry.
- Verify that the Asic broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Asic broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Asic broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Asic brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Asic broker can hire staff from diverse locations worldwide who can communicate fluently 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.
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.
- Minimum deposit requirement for opening an account with each asic broker.
- The funding methods available for asic with each broker.
- The types of instruments you can trade with each asic broker, such as forex, stocks, commodities, and indices.
- The trading platforms each asic broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each asic broker affects the cost of trading.
- The level of customer support each asic broker offers, including their availability, responsiveness, and quality of service.
- Whether each asic broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
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
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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Admiral
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ThinkMarkets
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Eightcap
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ForTrade
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| 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) | 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) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Investment Industry Regulatory Organization of Canada (IIROC), National Bank of the Republic of Belarus (NBRB) |
| Min Deposit | 200 | 100 | 5 | 200 | 100 | 100 | 100 | 200 | No minimum deposit | 100 | 100 |
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| Used By | 180,000+ | 35,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 500,000+ | 10,000+ | 1,000,000+ |
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| 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, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, Binary, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with etoro |
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Up with xm |
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Up with pepperstone |
Sign
Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with admiralmarkets |
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Up with thinkmarkets |
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Up with eightcap |
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Up with fortrade |
| Risk Warning | Losses can exceed deposits | 51% 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. 71.61% 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. | 75-95 % 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 | 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 | Your capital is at risk |
| Demo |
IC Markets Demo |
eToro Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
Eightcap Demo |
ForTrade 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, 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, 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 | 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 | 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 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 Asic Brokers needs 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 volatile financial markets with Asic Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Asic Brokers to ensure a successful trading experience.
Selecting Asic Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Asic markets effectively.
Reliability is key to gaining access to financial markets. Look for Asic Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Asic Brokers confidently.
6 Factors to Consider when Choosing Asic Brokers
Follow these five rules for selecting Asic Brokers that are right for you:
Are Your Asic Brokers Trusted And Established?
Search for a reputable Asic Brokers with a extensive proven track record for Asic, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Asic broker is IC Markets. Established in 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 Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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Admiral
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2009 | 2010 | 2006 | 2005 | 2001 | 2001 |
| Head Office | Australia | Cyprus, UK | Cyprus | Australia | Ireland | Australia | Cyprus, Australia | UK |
| 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) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 180,000+ | 35,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes | No |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit Admiral Markets |
| Risk Warning | Losses can exceed deposits | 51% 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. 71.61% 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. | 75-95 % 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 | Losses can exceed deposits |
Are The Asic Brokers World Leading?
Opt for Asic Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC 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 eToro. eToro Segregates clients funds and offers over 5000 instruments.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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Admiral
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 5000 | 1000 | 1200 | 1250 | 290 | 200 | 148 |
| 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, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| 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, 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, MG, MK, MO, UA, JO, KR, | US, CA, IL, IR | AF, AS, AQ, 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, 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 | US, CA, JP, SG, MY, JM, IR, TR |
| Forex pairs offered | 61 | 50 | 55 | 70 | 55 | 70 | 150 | 40 |
| Forex pairs offered | 61 | 50 | 55 | 70 | 55 | 70 | 150 | 40 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 31 | 15 | 16 | 17 | 18 | 12 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 2042 | 160 | 1100 | 1000 | 10000 | 52 | 64 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | 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 IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Asic broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 100 | 5 | 200 | 100 | 100 | 100 | 200 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | No | No | No | No | No |
| Deposit Fees | Varies | No | No | No | No | Yes | No | Varies |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes | No | Yes |
What are the Asic Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Asic Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Asic Brokers.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | No | Yes | Yes | Yes |
| Payoneer | No | No | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Asic Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Asic Brokers.
Asic Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Asic Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, German, Arabic, Chinese, Spanish and Polish | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit Admiral Markets |
| Risk Warning | Losses can exceed deposits | 51% 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. 71.61% 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. | 75-95 % 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 | Losses can exceed deposits |
Make sure the Asic Brokers Offer Comprehensive Trader resources?
It's important to ensure your Asic Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Asic Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Asic Brokers.
Why Asic Brokers needs to be regulated?
Regulated Asic Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Asic Brokers.
Consumers are protected by Asic Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Asic Brokers is necessary to prevent fraud. The Asic Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Asic Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Asic Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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. 51% 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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Binary, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits