Top Forex Brokers in Australia

Though ASIC regulates dozens of Forex brokers in Australia, traders in the southern hemisphere needn’t look only within their borders for the best brokerage. Nevertheless, the benefits of choosing an Australian Forex broker shouldn’t be overlooked. Specifically, regional Forex brokers may provide market updates during the Asian trading session, stronger customer support availability during local trading hours and a connection with local banks. We’ve tested the top Australia Forex brokers and compiled our findings for your convenience.
Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation Rating More Info
Markets $100 $2000
A minimum trade volume is required to receive the bonus.
MetaTrader 4, Proprietary platform 1:200 CySEC, MiFID
9.6/10
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FXCM $50
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform 1:200 FCA, NFA, ASIC, SFC, ACP Accepts US clients
Accepts US clients
9.6/10
Read Review
AvaTrade $100 $100
A minimum deposit is required to receive this bonus.
MetaTrader 4 1:400 MiFID, Central Bank of Ireland
9.4/10
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4 FOREX $500 None MetaTrader 4 1:50 FCA, NFA Accepts US clients
Accepts US clients
9.3/10
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5 FxPro $500 None MetaTrader 4, cTrader, Web-based 1:500 CySEC, MiFID, FCA
8.9/10
Read Review
6 Plus 500 €100 $100 Proprietary platform 1:200 CySEC, Financial Conduct Authority (FCA)
8.9/10
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7 eToro $50 $100
Bonus is available for those who refer a friend to eToro's service.
Proprietary platform 1:400 CySEC, BaFin, NFA, FSA Accepts US clients
Accepts US clients
8.7/10
Read Review

Australian Forex Brokers

Markets.com, domiciled in Limassol, Cyprus, is operated by Safecap Investments Limited, a Cyprus Investment Firm (CIF) which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Markets.com allows trading in indices, gold, oil, stocks, commodities, and currencies.
FXCM Holdings, LLC has been listed as one of the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row (2004-2006). FXCM Holdings, LLC is headquartered in New York, with offices around the world including U.K., Japan, Hong Kong, France, Italy, and Australia, and is regulated and licensed in each of them. FXCM has over 165,000 tradable accounts on its platforms and a monthly average of over $250 billion in trade volume. See review of FXCM at DailyForex.com.
With offices in New York, Dublin, Sydney, Milan and Tokyo (among others), it should come as no surprise that AvaTrade is among the top Forex brokers in the world.  Perhaps more importantly, AvaTrade is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union. It is also regulated by ASIC in Australia, the Financial Services Commission (FSC) in Japan, and has regulation pending in the British Virgin Islands.
If you’re looking for a reputable Forex broker and the ability to trade over 50 currency pairs, Forex.com may be just the broker you’re looking for. Forex.com is operated by Gain Capital, a financial services company that’s been in business since 1999, and even a cursory look at Forex.com will confirm that this online trading website was developed by industry veterans.
FxPro, domiciled in Cyprus, is a Forex broker that caters to both experienced and beginner traders. Founded in 2007, FxPro has established itself as one of the leading Forex brokers in the industry. It offers a wide range of options and features and their landing page is chock full of useful information. Navigation throughout the site moves along at a rapid clip and opening either a real or demo account is quick and easy.
Established over ten years ago, is authorized and regulated by the Financial Conduct Authority (FCA). Plus 500 offers CFD trading only in the following spheres: Forex, commodities, indices, shares and ETFs. An uncluttered design both on the company's website and in their trading platform makes for a pleasant trading experience. With years of experience and confirmed credentials, it’s no surprise that Plus500 is growing rapidly as one of the top CFD services on the market.
* Your capital may be at risk
Many traders think of Forex trading an ‘independent sport’, but eToro is a Forex broker that negates this stereotype. In addition to offering a user-friendly traditional trading experience, eToro has pioneered the ‘social’ trading arena. The company’s OpenBook platform allows users to follow the trades of other users and to share their trading experiences, a give-and-take process that can revolutionize your personal trading strategy and the way the private trading arena functions.


Help me choose a broker

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