ASIC Regulated Forex Brokers

ASIC (Australian Securities and Investments Commission) is a popular regulatory body among retail Forex brokers. It combines reasonable policies for traders' protection with the relative ease of getting registered for the brokerage companies. Although being ASIC regulated can serve as a synonym of being based in Australia, not all of the FX brokers listed below have significant presence in the country. Many just uphold enough presence to satisfy the ASIC's requirements — their main motivation is to get regulated by a reputable institution rather than to cater to the Australian traders specifically. You will find 38 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
AAFX Trading $100 9.5 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • Web Trading
    • WebTrader
  • Countries
    AE AU HK MY NZ QA SA US VC
  • Regulation
    • ASIC, 4240010
    • FSA (St. Vincent & the Grenadines), 22916 IBC
AvaTrade $100 2.9 0.01 1:400
  • Platforms
    • MetaTrader 4
    • AvaOption
    • AvaTradeGO
  • Countries
    AU DE FR IE IT JP ZA
  • Regulation
    • ASIC, 143 340 907
    • Central Bank of Ireland, C53877
    • Financial Futures Association (Japan), 1574
    • FSA (Japan), 1662
    • FSC (BVI), 2013-07-30
    • FSCA (South Africa), 45984
    • ISA (Israel), 1
FXOpen $1 8.3 0.001 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    AU GB KN RU
  • Regulation
    • ASIC, 412871
    • FCA (UK), 579202
easyMarkets $100 6.1 0.01 1:400
  • Platforms
    • MetaTrader 4
    • Web Trading
    • MobileTrader
  • Countries
    AU CY PL
  • Regulation
    • ASIC, 246566
    • CySEC, 079/07
eToro $200 8.3 0.1 1:400
  • Platforms
    • eToro Platform
    • eToro Mobile Trader
  • Countries
    CN CY GB
  • Regulation
    • ASIC, 491139
    • CySEC, 109/10
    • FCA (UK), FRN 583263
City Index $250 - 0.01 1:30
Saxo Bank $5,000 4.6 0.05 1:200
FXCM $1 - 0.01 1:400
Ingot Brokers $100 - 0.01 1:400
Velocity Trade $1,000 - 0.01 1:200
Admiral Markets $200 7.5 0.01 1:500
Advanced Markets $2,500 - 0.1 1:50
RFXT $50 - 0.01 1:400
ForexCT $500 - 0.025 1:400
Pepperstone $200 6.5 0.01 1:500
IC Markets $200 5.5 0.01 1:500
MahiFX $1 - 0.00001 1:100
AxiTrader $200 6.4 0.01 1:400
Blackwell Global $10,000 - 0.01 1:30
ThinkMarkets $250 2.8 0.01 1:500
Core Liquidity Markets $100 - 0.01 1:500
USGFX $100 - 0.01 1:500
Invast Financial Services $100 - 0.01 1:400
PhillipCapital $200 - 0.01 1:200
Xtrade $100 - 0.01 1:400
FP Markets $100 - 0.01 1:500
Global Prime $500 - 0.01 1:200
ETO Markets AUD200 - 0.01 1:400
Boston Merchant Financial $50 6.1 0.01 1:400
GOMarkets $200 5.1 0.001 1:500
IronFX $100 4.2 0.01 1:30
Plus500 $100 4.2 0.005 1:300
Vantage FX $200 6.0 0.01 1:500
XM (ex-XM.COM) $5 4.9 0.01 1:888
MultiBank (ex-MEX Group) $50 - 0.01 1:500
GKFX $1 7.8 0.01 1:30
ACY Securities $100 - 0.01 1:500
Blueberry Markets $100 - 0.01 1:500

Here are the three main reasons to join one of the ASIC regulated foreign exchange brokers:

  • You reside in Australia and prefer to deal with a company that is authorized by a local regulator.
  • You want some basic protection from scams and poorly run brokers but without too many limitations of the trading conditions.
  • You believe that ASIC is going to continue improving its regulatory environment bringing better conditions to you.

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