We found 11 online brokers that are appropriate for Trading Aussie Investment Platforms.
Australia has seen good economic growth despite COVID. Most of the major currencies are showing signs of losing strength against the Australian dollar. This rise in strength has been a recent phenomenon, starting when a couple of indicators published in China supported the Aussie currency.
China is one of the biggest economies in the world and lately it disclosed an expansion in industrial production, retail sales, and investment during the month of August in 2020. It is common that Australia tries to reap rewards from the performances of China.
Australia exports about one-third of its produced goods to China. The performance of the Chinese economy works as a catalyst in strengthening the AUD, the native Australian currency.
A strong Chinese economy directly influences the AUD and below some of the significant factors discussed.
When the Chinese economy strengthens, the Royal Bank of Australia (RBA) may not contemplate instigating further interest rate cuts. The central bank may not see the need to introduce further monetary easing policies.
It is a common practice for the RBA to consider the health of its export market while evaluating future policy. A strong Chinese economy means there is no requirement for corrective actions in the import sectors.
Here, a steady interest rate means the AUD will be benefited as the chances of negative impact from devaluation are reduced.
The terms of a trade get a boost when the Chinese economy is more prone to importing goods from neighboring partners. This results in a strengthening of the AUD.
It is believed that the Aussie economy is going to enter into a new bullish growth phase after a couple of years of stagnation. However, it is not to forget that there are several resistance levels while paving the path towards strengthening of the AUD, even though many experts have argued that there is enough fundamental momentum to drive it higher against the USD.
Let us have a look at this. The US job market was disappointing in September and the Australian Federal election has helped the AUD gain strength, despite the geopolitical dramas occurring across the world.
If the US Federal Reserve postpones any stimulus tapering considering the fact that the US labor market is currently weak, this could result in a bearish market for the USD. The aftermath of this would be the AUD/USD surging even higher.
Data reveals just 160k new jobs are created a month in the US, which is below the expectations of the federal government. Meanwhile, however, the unemployment rate has recently dropped and is currently at 7.3 percent. The decline has been due to a slump in the labor participation rate, and the figure is the lowest it's been since 1978.
Simultaneously, the Australian currency is gaining impetus due to indications that the Chinese economy, the second-largest in the world, is mending. The Chinese exports grew in August and the increase was by over 28 million. In July the figure was 18 billion.
Despite imports being comparatively weaker in August of the previous year, it is considered a healthy and robust boost. Moreover, the confidence of investors may be boosted by the new Australian government, and it is predicted that the AUD may gain strength.
The currency market is having a serious move lately due to the COVID-19 pandemic and global lockdown. Most major economies witnessed doldrums and the level of unemployment across countries has increased. However, the Chinese economy managed to grow and this has had a direct positive impact on the Australian economy.
In recent months exports from Australia to China have increased, and it is believed that the Aussie economy could grow from this as about 30 percent of the Australian products are exported to China. As an aftermath, the Australian dollar is expected to gain strength further.
In this article titled Is New Aussie Strength Sustainable, we discussed the reasons why the AUD is gaining strength anddiscussed whether or not the new Aussie strength would be sustainable in the future. If what experts and currency critics are saying is to be believed, the AUD rising phenomenon could continue as the performances of the Chinese economy are expected to continue to grow.
Meanwhile, it is good news for Forex traders and specifically those who are dealing in AUD/USD currency pairs. Now is the time to bet on the Aussie currency.
We have conducted extensive research and analysis on over multiple data points on Is New Aussie Strength Sustainable to present you with a comprehensive guide that can help you find the most suitable Is New Aussie Strength Sustainable. Below we shortlist what we think are the best Aussie Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Is New Aussie Strength Sustainable.
Selecting a reliable and reputable online Aussie 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 Aussie Investment Platforms more confidently.
Selecting the right online Aussie Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Aussie Investment Platforms trading, it's essential to compare the different options available to you. Our Aussie Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Aussie Investment Platforms broker that best suits your needs and preferences for Aussie Investment Platforms. Our Aussie Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Aussie Investment Platforms.
Compare Aussie Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Aussie Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Aussie Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Aussie Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Aussie Investment Platforms that accept Aussie Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | 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 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, 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, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. | 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 | 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 |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | 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, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Aussie 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 Aussie Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Aussie Investment Platforms below.
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.