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 37 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
IronFX $100 4.2 0.01 1:30
  • Platforms
    • MetaTrader 4
  • Countries
    AE AR AU AZ BR CN CY CZ DE DZ ES GB HK HU IN MY PL RU US UY ZA
  • Regulation
    • ASIC, 417482
    • CySEC, 125/10
    • DFSA (Dubai), F002432
    • FCA (UK), 585561
    • FSCA (South Africa), 45276
    • UCRFIN, 5
AAFX Trading $100 7.3 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
FXOpen $1 6.9 0.001 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    AU GB KN RU
  • Regulation
    • ASIC, 412871
    • FCA (UK), 579202
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
easyMarkets $100 6.1 0.01 1:400
  • Platforms
    • MetaTrader 4
    • Web Trading
    • MobileTrader
  • Countries
    AU CY PL
  • Regulation
    • ASIC, 246566
    • CySEC, 079/07
Forex.com $250 6.4 0.1 1:200
Saxo Bank $5,000 4.6 0.05 1:200
FXCM $1 - 0.01 1:400
Ingot Brokers $100 - 0.1 1:100
Velocity Trade $1,000 - 0.01 1:200
Admiral Markets $200 8.7 0.01 1:500
Advanced Markets $2,500 - 0.1 1:50
RFXT $1 - 0.01 1:400
ForexCT $500 - 0.025 1:400
Pepperstone $200 6.5 0.01 1:500
Synergy FX $500 - 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 1:400
Core Liquidity Markets $100 - 0.01 1:500
USGFX $100 - 0.01 1:500
Invast Financial Services $100 - 0.01 1:400
Direct FX $500 - 0.1 1:200
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 7.3 0.001 1:500
Plus500 $100 4.2 0.005 1:300
Vantage FX $100 6.3 0.01 1:500
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

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.