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.
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. After depositing funds you’ll have access to a wide range of research charts, news headlines and online tutorials to help you make the best investments.
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.
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.
DuPont Financial, based in Gibraltar is a subsidiary of FTD Limited, which was established in 2011, though the founders of the company have been working in the financial world for over 2 decades. DupontFx offers a wide cross section of options with multiple trading platforms available through one account.
FXTG (Forex TG) is an ASIC regulated company based in Australia. FXTG provides traders and trading enthusiasts with the necessary tools to become successful brokers. Ultimately, FXTG aims at simplifying the forex trading industry to ensure that their clients are satisfied and to offer them assistance in the most professional manner. FXTG employees do their utmost to provide quality and efficient service to all their clients. With low 1 pip fixed spreads, FXTG is an obvious choice. Get the full story about FXTG at Daily Forex.com
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. The company displays an uncluttered design both on their website and in their trading platform, which makes a pleasant trading experience for experienced traders. 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.
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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.
Pepper may look innocuous on the outside, but once you bite into it, the flavor is undeniably bold. The same can be said about Pepperstone, a relatively new Australian Forex broker which is run under the auspices of CDM Pacific. With both standard Forex trading and the services of a regulated ECN broker, Pepperstone has a lot to offer – read review to see what we discovered during our comprehensive Pepperstone review.
A trader using FX Solutions will enjoy their strong trading platform accompanied with powerful charting tools. To make the Forex trading experience even more customized, FLEXI leverage and FLEXI contracts are features that enable the user to decide at any time what the leverage in his account will be and at which quantities he wishes to trade.
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