Forex Trading Australia
Looking to trade forex, but not sure how to start? We can help.
We have created easy to understand guides for beginner traders, and also compared the best ASIC regulated forex brokers for traders in Australia.
Featured Brokers
We have listed the best rated forex brokers for traders in Australia. For this we checked the popular brokers that are regulated with ASIC & accept Australian traders, then we compared their benchmark spread & commission for major instruments, trading platforms, trading conditions, local support & 6 other factors.
IC Markets
- Average Benchmark Spread on EUR/USD is 1.1 pips* with Standard Account. And, 0.1 pips + AUD7 per standard lot with Raw spread account.
- IC Markets is regulated with ASIC (AFSL No. 335692)
- Trading available on 60+ currency pairs & 100+ CFDs on cryptos, indices, commodities, bonds.
- Minimum Deposit is AUD 200.
- Upto 1:500 Leverage on Forex
XM Trading
- Lowest benchmark Spread at XM on EUR/USD is 0.8 pips with their Ultra Low Account.
- Regulated with ASIC (AFSL No. 443670).
- Trading is available in 57 currency pairs & 1000+ CFDs on stocks, commodities, indices. No crypto CFDs available.
- Minimum Deposit is $5
- Upto 1:888 leverage for forex
Pepperstone
- Average benchmark Spread for EUR/USD is 1.13 pips with their Standard account. And. from 0.13 pips + AUD 7 per standard lot with Razor account.
- Regulated with ASIC (AFSL No. 414530), and FCA (UK)
- Trading available on 61 currency pairs, and CFDs include shares, commodities & cryptos.
- Min. Deposit is AUD 200
- Upto 1:500 leverage on Forex trading
FP Markets
- Benchmark EUR/USD spread on average is 1.1 pips pips with FP Market's Standard account. And, 0.09.pips + AUD 6 per lot with their Raw ECN account.
- Regulated with ASIC (AFSL No. 286354)
- Trade 70 currency pairs & 1000+ CFDs on stocks, cryptos, includes.
- Min. Deposit: AUD 100
- Upto 1:500 leverage on Forex
