Forex Traders In Australia Guide
Updated January 20, 2022
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've collected thousands of datapoints and written a guide to help you find the best Forex Traders In Australia for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best Australian Forex Investment platforms below.
Reputable Forex Traders In Australia Checklist
There are a number of important factors to consider when picking an online Australian Forex Investment Platforms trading brokerage.
- Check your Australian Forex Investment Platforms broker has a history of at least 2 years.
- Check your Australian Forex Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Australian Forex Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Australian Forex Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Australian Forex Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Australian Forex Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Australian Forex Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Australian Forex Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Australian Forex Investment Platforms of 2022 compared
Here are the top Australian Forex Investment Platforms.
Compare Australian Forex Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
eToro
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IC Markets
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AvaTrade
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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XM
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EasyMarkets
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Trading212
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SpreadEx
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 | 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), 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA) |
| Min Deposit | 10 | 200 | 100 | 1 | 100 | 200 | 100 | 5 | 100 | 1 | 1 |
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| Used By | 20,000,000+ | 180,000+ | 300,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ | 3,500,000+ | 142,500+ | 15,000,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with roboforex |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with xm |
Sign
Up with easymarkets |
Sign
Up with trading212 |
Sign
Up with spreadex |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 77% 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. | Your capital is at risk | Your capital is at risk | 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. | Losses can exceed deposits |
| Demo |
eToro Demo |
IC Markets Demo |
AvaTrade Demo |
Roboforex Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
XM Demo |
easyMarkets Demo |
Trading 212 Demo |
SpreadEx Demo |
| Excluded Countries | 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, IL, KR, IR, MM, CU, SD, SY | US | US, CA | US, TR |
eToro Risk Disclosure
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.
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 2022 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 the financial markets with Forex Traders In Australia when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Forex Traders In Australia is the platform that a Forex Traders In Australia offer.
Choose Forex Traders In Australia that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Forex Traders In Australia that you can rely on.
6 Factors to Consider when Choosing Forex Traders In Australia
Follow these five rules for selecting a broker that's right for you:
Are Your Forex Traders In Australia Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Forex Traders In Australia broker is eToro. Established in 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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IC Markets
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AvaTrade
|
Roboforex
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FP Markets
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Pepperstone
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| Year Established | 2007 | 2007 | 2006 | 2009 | 2005 | 2010 |
| Head Office | Cyprus, UK | Australia | Ireland | Cyprus | Australia | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 |
| Used By | 20,000,000+ | 180,000+ | 300,000+ | 10,000+ | 10,000+ | 89,000+ |
| Negative balance protection | Yes | Yes | No | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit FP Markets | Visit Pepperstone |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 |
Are The Forex Traders In Australia World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro 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 IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
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IC Markets
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AvaTrade
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Roboforex
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FP Markets
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Pepperstone
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| Instruments Available | 2000 | 232 | 1250 | 100 | 100 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
| Excluded Countries | ZA, 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP,US |
| Forex pairs offered | 50 | 65 | 55 | 35 | 60 | 70 |
| Forex pairs offered | 50 | 65 | 55 | 35 | 60 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 31 | 19 | 17 | 21 | 18 | 16 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | Yes | No |
| Stocks Offered | 2042 | 110 | 1000 | 0 | 10000 | 60 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No |
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 eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 10.
Another top rated Forex Traders In Australia broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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IC Markets
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AvaTrade
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Roboforex
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FP Markets
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Pepperstone
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| Min Deposit | 10 | 200 | 100 | 1 | 100 | 200 |
| Withdrawl Fees | Yes | No | No | Yes | No | No |
| Inactivity Fees | Yes | No | No | No | No | Yes |
| Deposit Fees | No | Varies | No | No | Yes | No |
| CFD Commission Fees | Yes | Yes | No | No | Yes | Yes |
What are the Forex Traders In Australia Funding and Withdrawal Methods?
When dealing with Forex Traders In Australia having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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IC Markets
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AvaTrade
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Roboforex
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FP Markets
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Pepperstone
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | Yes |
| Skrill | Yes | Yes | No | No | Yes | Yes |
| Payoneer | No | No | Yes | Yes | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Forex Traders In Australia with Round-the-clock support?
Customer service is very important when dealing with Forex Traders In Australia.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Forex Traders In Australia customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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IC Markets
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AvaTrade
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Roboforex
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FP Markets
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Pepperstone
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| Support |
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| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | 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, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit FP Markets | Visit Pepperstone |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 |
Make sure the Forex Traders In Australia Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Forex Traders In Australia needs to be regulated?
A regulated Forex Traders In Australia broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Forex Traders In Australia brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Forex Traders In Australia List
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
