Top Australian Forex Brokers for 2026
We found 11 online brokers that are appropriate for Trading Australian Forex.
Best Australian Forex Brokers Guide
Analysis by Andrew Blumer, Updated Last updated – August 26, 2026
This text is largely evergreen (legality, ASIC's role, tax basics), so there isn't much dated to update. Let me check for any current ASIC regulatory changes worth reflecting.Australian Forex Brokers
I've watched forex trading become increasingly popular in Australia over the years.
Many experienced traders now include forex as part of their broader strategy, and Australia has genuinely become a hub in the world of forex trading.
Traders in Australia continue to contribute significant trading volume, both domestically and internationally.
For instance, I find it hard to overlook the opportunities the AUD/USD pair offers, it remains one of the most actively traded currency pairs in the entire forex market.
Many experienced forex traders build AUD/USD into their strategy alongside other major pairs, and for good reason.
The Legality of Forex Trading in Australia
I still get asked whether forex trading is even legal in Australia, especially by traders new to the market.
Forex trading is 100% legal in Australia and is heavily regulated.
As the number of active forex traders has grown significantly over the past decade, I've seen a corresponding rise in the number of firms offering FX brokerage services to retail clients who want to trade legally in the country.
FX trading activity is carefully regulated and supervised by the Australian government.
Brokerages are required to obtain an ASIC license and follow all applicable regulations in order to legally operate in Australia.
ASIC is one of the most respected financial regulatory authorities in the world.
If I see a brokerage carrying an ASIC license, that's generally a strong signal I don't need to worry excessively about where my money is going.
ASIC stands for the Australian Securities and Investments Commission. It's the body responsible for enforcing regulations and licensing requirements across Australian brokerages.
It exists specifically to protect the rights of customers dealing with Australian financial companies.
If you're planning to trade FX in Australia, I'd strongly recommend registering only with an ASIC regulated brokerage.
The last thing anyone wants is to lose money because their broker wasn't properly licensed. An ASIC license is genuinely crucial.
Brokerages holding an ASIC license have demonstrated that they follow proper codes of conduct in how they provide their services to traders.
ASIC's role matters because it regulates FX trading practices directly and creates a safer, more secure environment for everyone involved in the Australian FX market. From my own experience, the biggest difference is how much risk I can take on a single trade. For example, if I deposit AUD $1,000 into my trading account, the maximum position I can open on a major currency pair such as AUD/USD or EUR/USD is approximately AUD $30,000 because of ASIC's 30:1 leverage limit. If I trade gold instead, that same AUD $1,000 deposit allows me to control up to AUD $20,000 worth of gold CFDs at 20:1 leverage. If I decide to trade BHP or Commonwealth Bank CFDs, my buying power falls to around AUD $5,000 because individual share CFDs are limited to 5:1 leverage. Cryptocurrency CFDs are even more restricted, with a 2:1 leverage cap, meaning a AUD $1,000 deposit lets me control only around AUD $2,000 worth of crypto exposure.
I've also found ASIC's negative balance protection reassuring during volatile market conditions. For example, if I deposit AUD $2,500 and a major market event causes prices to gap significantly against my position overnight, my maximum loss is limited to the AUD $2,500 I've deposited. Without this protection, I could potentially owe my broker several thousand dollars more if my losses exceeded my account balance.
Another practical example is margin requirements. If I want to open a AUD $15,000 position on AUD/USD, I only need around AUD $500 in margin because of the 30:1 leverage limit (AUD $15,000 ÷ 30 = AUD $500). However, if I wanted the same AUD $15,000 exposure in individual share CFDs, I'd need around AUD $3,000 in margin because leverage is capped at 5:1. These lower leverage limits naturally encourage me to size my trades more conservatively than I might with an offshore broker offering leverage of 200:1 or even 500:1.
Since March 2021, ASIC has restricted upper leverage at 30:1 on major currency pairs, minor pairs at 20:1 stock indices and gold, 10:1 on smaller indices, commodities, 5:1 on individual share CFDs, and 2:1 on cryptocurrency CFDs. These protections, together with mandatory negative balance protection and standardized risk warnings, remain in force today and have been extended through May 2027. According to ASIC, these measures contributed to a 91% reduction in aggregate retail CFD trading losses and an 87% reduction in margin close outs. Even so, ASIC's latest data indicates that around 74% of retail CFD traders still lose money overall, which reminds me that sensible position sizing and risk management are just as important as regulation.
Forex Trading Taxes in Australia
Tax treatment depends heavily on where you conduct your trading activity and your country of origin. It can genuinely be difficult to work out whether your forex trading income is taxable without professional guidance.
If your country of origin treats forex trading as taxable income, you'll need to account for how much you owe under your local tax laws.
Forex trading is taxable in a number of countries, including the USA, Japan, Australia, and the UK, among others.
If you're not an Australian citizen but you're earning income through an Australian forex brokerage, I'd recommend consulting a local tax expert rather than guessing.
The last thing you want is to end up without any real profit because taxes ate into your returns more than expected.
What I Like About Australian FX Brokerages
The Australian forex market works well for traders running both long and short term strategies.
In recent years I've seen a significant increase in the number of participants in the Australian forex market.
ASIC continues to regulate brokerages seriously to keep the FX market environment healthy. It actively works to remove unauthorized players, and I think that level of oversight provides a genuinely safer environment for FX participants, both locally and globally.
If you're interested in the FX market, I'd suggest getting involved with a reliable, trustworthy brokerage. Most established Australian brokerages make solid options.
Getting Started In Forex In Australia
Starting out is simple and straightforward, and there are plenty of reputable, regulated brokers to choose from.
When you start browsing, you'll find hundreds of options, but I'd recommend focusing only on the top brokerages that genuinely suit your own investment needs and preferences.
My Aussie Forex Brokers Verdict
You Won't Know Until You Try Their Platform Yourself. Most reliable Australian brokerages offer demo accounts, which I think are genuinely useful for new users wanting to assess the platform and test out their own strategies before committing real capital.
We have conducted extensive research and analysis on over multiple data points on Australian Forex Brokers to present you with a comprehensive guide that can help you find the most suitable Australian Forex Brokers. Below we shortlist what we think are the best australian forex brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Australian Forex Brokers.
Reputable Australian Forex Brokers Checklist
Selecting a reliable and reputable online Australian Forex 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 Australian Forex more confidently.
Selecting the right online Australian Forex trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Australian Forex broker has a solid track record of at least two years in the industry.
- Verify that the Australian Forex broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Australian Forex 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 Australian Forex broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Australian Forex brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Australian Forex 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 Australian Forex Brokers in Our Brokerage Comparison Table
When choosing a broker for australian forex trading, it's essential to compare the different options available to you. Our australian forex 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 australian forex broker.
- The funding methods available for australian forex with each broker.
- The types of instruments you can trade with each australian forex broker, such as forex, stocks, commodities, and indices.
- The trading platforms each australian forex broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each australian forex broker affects the cost of trading.
- The level of customer support each australian forex broker offers, including their availability, responsiveness, and quality of service.
- Whether each australian forex broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a australian forex broker that best suits your needs and preferences for australian forex. Our australian forex broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Australian Forex Brokers of 2026 compared
Here are the top Australian Forex Brokers.
Compare australian forex brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a australian forex broker, it's crucial to compare several factors to choose the right one for your australian forex needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are australian forex brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more australian forex brokers that accept australian forex 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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SpreadEx
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EasyMarkets
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FXPro
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Admiral
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ThinkMarkets
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| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (SD 130) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (Licence No. 595450), Cyprus Securities and Exchange Commission (CySEC) (Licence No. 201/13), Financial Services Authority of Seychelles (FSA) (Licence No. SD073), Estonian Financial Supervision Authority (EFSA) (Licence No. 4.1-1/46) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Pty Ltd is the holder of Australian Financial Services Licence 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 (Seychelles) Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySEC), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) |
| Min Deposit | 200 | 50 | 5 | No minimum deposit | 100 | 100 | No minimum deposit | 25 | 100 | 100 | 250 |
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| Used By | 200,000+ | 40,000,000+ | 15,000,000+ | 830,000+ | 400,000+ | 200,000+ | 60,000+ | 250,000+ | 11,200,000+ | 30,000+ | 450,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with spreadex |
Sign
Up with easymarkets |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
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Up with thinkmarkets |
| Risk Warning | Losses can exceed deposits | 52% 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. 74.48% 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 | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 62% of retail CFD accounts lose money | 76% of retail investor accounts lose money when trading CFDs with this provider. | 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 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 |
| Demo |
IC Markets Demo |
eToro Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
SpreadEx Demo |
easyMarkets Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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, TR | 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, IR | 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 |
All Australian forex brokers in more detail
You can compare Australian Forex 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 Australian Forex Brokers for 2026 article further below. You can see it now by clicking here
We have listed top Australian forex brokers below.
Australian Forex Brokers Table of Contents
- Australian Forex Brokers Explained
- 6 Factors to Consider when Choosing Australian Forex Brokers
- Are Your Australian Forex Brokers Trusted And Established?
- Are The Australian Forex Brokers World Leading?
- What are the Australian Forex Brokers Commissions and Fees?
- What are the Australian Forex Brokers Funding and Withdrawl Methods?
- Find Australian Forex Brokers with Round-the-clock support?
- Make sure the Australian Forex Brokers Offer Comprehensive Trader resources?
- Why Australian Forex Brokers needs to be regulated?
- Australian Forex Brokers FAQ
- What are the best Australian forex brokers?
- What is the best Australian forex broker?
- Related Australian Forex Brokers Reviews
- Related Australian Forex Brokers Alternatives
- Related Australian Forex Brokers Comparisons
Australian Forex Brokers Explained
Trading volatile financial markets with Australian Forex Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Australian Forex Brokers to ensure a successful trading experience.
Selecting Australian Forex 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 Australian Forex markets effectively.
Reliability is key to gaining access to financial markets. Look for Australian Forex Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Australian Forex Brokers confidently.
6 Factors to Consider when Choosing Australian Forex Brokers
Follow these five rules for selecting Australian Forex Brokers that are right for you:
Are Your Australian Forex Brokers Trusted And Established?
Search for a reputable Australian Forex Brokers with a extensive proven track record for Australian Forex, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Australian Forex broker is IC Markets. Established in 2007, and in operation for 19 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 International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 19 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd regulatory bodies.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
|
AvaTrade
|
FP Markets
|
SpreadEx
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2009 | 2010 | 2006 | 2005 | 1999 | 2001 |
| Head Office | Australia | Cyprus, UK | Cyprus | Australia | Ireland | Australia | UK | Cyprus, Australia |
| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (SD 130) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) |
| Used By | 200,000+ | 40,000,000+ | 15,000,000+ | 830,000+ | 400,000+ | 200,000+ | 60,000+ | 250,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | Yes | No | No | No | Yes |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit SpreadEx | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 52% 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. 74.48% 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 | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 62% of retail CFD accounts lose money | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Are The Australian Forex Brokers World Leading?
Opt for Australian Forex 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 2850 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 Australian Forex Brokers is eToro. eToro Segregates clients funds and offers over 7000 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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SpreadEx
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EasyMarkets
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2850 | 7000 | 1464 | 2700 | 1250 | 10000 | 10000 | 275 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 |
| 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 | 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 |
| Forex pairs offered | 65 | 65 | 55 | 93 | 53 | 70 | 60 | 136 |
| 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 | 28 | 67 | 8 | 40 | 19 | 29 | 31 | 18 |
| 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 | Yes |
| Stocks Offered | 2100 | 7246 | 1350 | 1100 | 647 | 10000 | 3000 | 275 |
| 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 Australian Forex Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Australian Forex broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Australian Forex broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 50. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
SpreadEx
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 50 | 5 | 0 | 100 | 100 | 0 | 25 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | No | Yes | No | No | No |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes | No | No |
What are the Australian Forex Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Australian Forex Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Australian Forex Brokers.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
SpreadEx
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| 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 | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
Find Australian Forex Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Australian Forex Brokers.
Australian Forex 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 Australian Forex 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
|
SpreadEx
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| 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 | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit SpreadEx | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 52% 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. 74.48% 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 | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 62% of retail CFD accounts lose money | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Make sure the Australian Forex Brokers Offer Comprehensive Trader resources?
It's important to ensure your Australian Forex 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 Australian Forex 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 Australian Forex Brokers.
Why Australian Forex Brokers needs to be regulated?
Regulated Australian Forex Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Australian Forex Brokers.
Consumers are protected by Australian Forex Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Australian Forex Brokers is necessary to prevent fraud. The Australian Forex Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Australian Forex Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Australian Forex Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer 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. 52% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here.
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
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), 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, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer 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
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer 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, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer 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, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer 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, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)Customer 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