Forex Traders In Australia for 2024
We found 11 online brokers that are appropriate for Trading Australian Forex Investment Platforms.
Forex Traders In Australia Guide
Analysis by Andrew Blumer, Updated Last updated - April 24, 2024
Forex Traders in Australia
Trading Forex currencies in Australia is popular amongst international and local traders. Before any Forex broker based in Australia can accept CFDs and Forex traders, they must first be approved by the Australian Securities & Investment Commission (ASIC). ASIC is the financial markets regulator for Australian markets. With such regulations, Australia has gradually become one of the top countries suitable for CFD or international Forex brokers, and is steadily gaining popularity among local Australian Forex traders.
The ASIC was established in July 1998 as one of the most reputable and capable regulators worldwide after the FCA in the UK, to govern all Forex traders in Australia. Consequently, Forex brokers regulated by Australian agencies have also become some of the most popular brokers, leading to a secure and competitive trading environment. Originally, the ASIC was established in 1991 which was later dissolved. It was founded again in 1998 as a national regulatory body that is managed by the treasurer.
Australian and General Regulations
In the Forex trading platform, illegitimate brokers are usually not regulated. To entice traders, they usually offer unrealistic claims which cannot be fulfilled. Due to the high risks of being scammed by a non-regulated Forex broker, your choice for a dependable and trustworthy broker should begin with regulated brokers.
The foreign exchange market is an OTC market, meaning Over the Counter market. This implies that any central governing system does not control the market. Forex trading is, first and foremost, self-governed and strictly limited to an institutional market.
But as Forex trading gradually become well-known in the retail market, financial governing bodies in the more globally advanced economies began to step in to preserve the interest of retail investors. Most of the standards which worldwide financial governing bodies have created for Forex brokers in their regions consist of asking the broker to possess separate accounts for their company's and customers' working capital. This requirement ensures that the Forex broker does not use the trading funds for something else. This allows traders to be assured that their trading capital will not be misused.
Additionally, possessing separate accounts helps keep the customers' funds safe from being used to pay the broker's debts, in the case the broker goes bankrupt. Another standard market requirement for a regulated Forex broker is the maintenance of a fund sufficiency ratio. This will make sure that the broker will, at any period, possess adequate liquidity to meet its contractual responsibilities.
Australian Securities and Investment Commission
Founded in 1998 under the Act of the Australian Securities and Investments Commission,2001, ASIC is authorized by the 2009 National Consumer Credit Protection Act, the 2001 Corporations Act, and the 1984 Insurance Contracts Act to be responsible for the following in the financial market in Australia:
- Promotion Financial Literacy
- Regulating Insurance Industry
- Consumer Protection
- Regulating the derivatives and the trading securities
- Corporate Governance
- Regulating Financial Services
If you are a new trader who is not familiar with the Forex trading platform, it is advisable to partner with brokers regulated by ASIC. Regardless of how enticing the offer of an unregulated Forex broker is, you should not put your trading capital at risk by working with such brokers.
How To Verify ASIC License
To identify whether the Forex broker is authorised by ASIC, first search for the broker's address from the disclosure text at the bottom of the Australian broker's homepage. For instance, Pepperstone Group Ltd, which is regulated and licensed by the ASIC, is registered in Australia at Level 5, 530 Collins Street, Melbourne, and VIC 3000. After which, search for the firm number on ASIC's website to confirm its regulatory status.
Trading Software And Platforms
One of the factors to consider when choosing the best Forex broker based in Australia to work with is the functionalities of their trading platforms and software. The trading platforms are the key to the Forex market, and without an effective and dependable platform, you may not be able to efficiently trade in the Forex market. The broker can provide many types of trading platforms.
- Mobile Platforms: These are generally developed versions of the web-based or download platform specially created for tablets or smartphones. These apps can be downloaded using Google Play or the Apple app store.
- Generic Platform: This platform is normally provided by several brokers. The most well-known version is the MT4 offered by Metaquotes.
- Download: This implies that you can only make use of the platform from the computer that it has been originally downloaded to.
- Proprietary Platform: This platform is used by brokers who want to to invest in increasing the quality of the customer's trading experience. It is normally customizable and can be used by all traders of all levels.
- Web based: This implies that you can trade from anywhere which has an internet connection.
Forex Traders in Australia Verdict
In conclusion, with Forex trading gaining popularity among local Australian citizens and the international market, it is essential to take note of the tips provided in this article. Working with an ASIC regulated broker is always highly recommended to prevent your trading capital from being misused or unprotected. Furthermore, you should also choose to work with brokers who offer an efficient trading software and platform so that you can trade in the Forex market without any worries.
We have conducted extensive research and analysis on over multiple data points on Forex Traders In Australia to present you with a comprehensive guide that can help you find the most suitable Forex Traders In Australia. Below we shortlist what we think are the best Australian Forex Investment platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Traders In Australia.
Reputable Forex Traders In Australia Checklist
Selecting a reliable and reputable online Australian Forex Investment Platforms 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 Investment Platforms more confidently.
Selecting the right online Australian Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Australian Forex Investment Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Australian Forex Investment Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Australian Forex Investment Platforms 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 Investment Platforms 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 Investment Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Australian Forex Investment Platforms 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 Investment Platforms in Our Brokerage Comparison Table
When choosing a broker for Australian Forex Investment platforms trading, it's essential to compare the different options available to you. Our Australian Forex Investment platforms 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 Investment platforms broker.
- The funding methods available for Australian Forex Investment platforms with each broker.
- The types of instruments you can trade with each Australian Forex Investment platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Australian Forex Investment platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Australian Forex Investment platforms broker affects the cost of trading.
- The level of customer support each Australian Forex Investment platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each Australian Forex Investment platforms 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 Investment platforms broker that best suits your needs and preferences for Australian Forex Investment platforms. Our Australian Forex Investment platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Australian Forex Investment Platforms of 2024 compared
Here are the top Australian Forex Investment Platforms.
Compare Australian Forex Investment platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Australian Forex Investment platforms broker, it's crucial to compare several factors to choose the right one for your Australian Forex Investment platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Australian Forex Investment platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Australian Forex Investment platforms that accept Australian Forex Investment platforms 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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NordFX
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EasyMarkets
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SpreadEx
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FXPro
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Plus500
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | 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) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA |
| Min Deposit | 200 | 100 | 5 | 200 | 100 | 100 | 1 | 100 | 1 | 100 | 100 |
| Funding |
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| Used By | 180,000+ | 30,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ |
| Benefits |
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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, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
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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 nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Sign
Up with plus500 |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 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 | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
| Demo |
IC Markets Demo |
eToro Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 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, CA, EU, RU, SY, KP, CU | 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, TR | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO |
All Australian Forex Investment platforms in more detail
You can compare Australian Forex Investment Platforms 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 Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Australian Forex Investment platforms below.
Forex Traders In Australia Table of Contents
- Forex Traders In Australia Explained
- 6 Factors to Consider when Choosing Forex Traders In Australia
- Are Your Forex Traders In Australia Trusted And Established?
- Are The Forex Traders In Australia World Leading?
- What are the Forex Traders In Australia Commissions and Fees?
- What are the Forex Traders In Australia Funding and Withdrawl Methods?
- Find Forex Traders In Australia with Round-the-clock support?
- Make sure the Forex Traders In Australia Offer Comprehensive Trader resources?
- Why Forex Traders In Australia needs to be regulated?
- Forex Traders In Australia FAQ
- What are the best Australian Forex Investment platforms brokers?
- What is the best Australian Forex Investment platform broker?
- Related Forex Traders In Australia Reviews
- Related Forex Traders In Australia Alternatives
- Related Forex Traders In Australia Comparisons
Forex Traders In Australia Explained
Trading volatile financial markets with Forex Traders In Australia can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Forex Traders In Australia to ensure a successful trading experience.
Selecting Forex Traders In Australia 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 Forex Traders In Australia markets effectively.
Reliability is key to gaining access to financial markets. Look for Forex Traders In Australia that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Forex Traders In Australia confidently.
6 Factors to Consider when Choosing Forex Traders In Australia
Follow these five rules for selecting Forex Traders In Australia that are right for you:
Are Your Forex Traders In Australia Trusted And Established?
Search for a reputable Forex Traders In Australia with a extensive proven track record for Forex Traders In Australia, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Forex Traders In Australia 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
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2009 | 2010 | 2006 | 2005 | 2008 | 2001 |
| Head Office | Australia | Cyprus, UK | Cyprus | Australia | Ireland | Australia | Mauritius | Cyprus, Australia |
| 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), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
| Used By | 180,000+ | 30,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes | |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 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 | Losses can exceed deposits | Your capital is at risk |
Are The Forex Traders In Australia World Leading?
Opt for Forex Traders In Australia 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 Forex Traders In Australia is eToro. eToro Segregates clients funds and offers over 5000 instruments.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 5000 | 1000 | 1200 | 1250 | 290 | 50 | 200 |
| 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, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, 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, CA, EU, RU, SY, KP, CU | 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 | 61 | 50 | 55 | 70 | 55 | 70 | 150 | |
| Forex pairs offered | 61 | 50 | 55 | 70 | 55 | 70 | 150 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | 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 | 0 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 2100 | 2042 | 160 | 1100 | 1000 | 10000 | 52 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
What are the Forex Traders In Australia Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Forex Traders In Australia broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Forex Traders In Australia 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
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 100 | 5 | 200 | 100 | 100 | 1 | 100 |
| 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 | No |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes | Yes | No |
What are the Forex Traders In Australia Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Forex Traders In Australia. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Forex Traders In Australia.
| Broker |
IC Markets
|
eToro
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | No | Yes | No | Yes |
| Payoneer | No | No | No | Yes | Yes | No | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Forex Traders In Australia with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Forex Traders In Australia.
Forex Traders In Australia 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 Forex Traders In Australia 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.
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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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NordFX
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EasyMarkets
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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 | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 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 | Losses can exceed deposits | Your capital is at risk |
Make sure the Forex Traders In Australia Offer Comprehensive Trader resources?
It's important to ensure your Forex Traders In Australia 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 Forex Traders In Australia. 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 Forex Traders In Australia.
Why Forex Traders In Australia needs to be regulated?
Regulated Forex Traders In Australia lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Forex Traders In Australia.
Consumers are protected by Forex Traders In Australia regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Forex Traders In Australia is necessary to prevent fraud. The Forex Traders In Australia working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Forex Traders In Australia is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Forex Traders In Australia 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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, 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, 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
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, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, 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