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10 Best ASIC Regulated Forex Brokers (AUS)

Last Update: March 28th, 2024

ASIC Regulated Brokers


10 Best ASIC Regulated Forex Brokers offer peace of mind with strict financial security measures and adhere to high ethical standards.


In this in-depth guide you’ll learn:

  • What is the Primary Objective of ASIC?
  • What are the Benefits of Trading with ASIC-Regulated Brokers?
  • Who is the Best ASIC Regulated and Licensed (AUS) Forex Broker?
  • A list of the top brokers for Beginners with a low minimum deposit in Australia?
  • A breakdown of the regulations and rules of ASIC.


So, if you’re ready to go “all in” with the ASIC Regulated (AUS) 10 Best Forex Brokers

Let’s dive right in…


🏆 10 Best Forex Brokers

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewSFSA, FSCA, CySec*USD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewNot Regulated0.001 BTCVisit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewCySEC,MISA, FSCAUSD 20Visit Broker >>


10 Best ASIC Regulated Forex Brokers (AUS) (2024*)

  1. ☑️IG Group – Award-Winning ASIC Regulated Forex Broker.
  2. ☑️Admirals – Low-cost trading experience.
  3. ☑️AvaTrade –Best Mobile Trading Experience.
  4. ☑️Axi – Best MT4 Trading Tools.
  5. ☑️FP Markets – Best ASIC-Regulated Forex Broker.
  6. ☑️IC Markets – Best Broker for Beginners.
  7. ☑️CMC Markets – Strong reputation for Regulation and client safety.
  8. ☑️GO Markets – Low forex fees and favorable non-trading fees.
  9. ☑️eToro – Best Globally Regulated Broker.
  10. ☑️Pepperstone – Lowest Cost ECN Broker.


Overview of ASIC


Responsible for overseeing Australian financial markets, the Australian Securities and Investments Commission (ASIC) holds a significant role as a regulatory body.


In 1991, ASIC was founded with a mandate to uphold regulations that safeguard Australian traders, investors, and creditors. It also seeks to maintain transparency in Australian financial dealings and institutions throughout Australia. ASIC Regulated Forex Brokers revealed.


In addition, its jurisdiction covers a diverse spectrum of Australian financial offerings such as securities, derivatives, insurance, banking, and, notably, the Forex industry.


ASIC employs a regulatory approach that is proactive and preventive, prioritizing the attainment of transparency and fairness in financial services to bolster investor trust.


The commission uses a comprehensive regulatory structure that includes licensing financial service companies, monitoring their activities, and enforcing rules against misbehavior.


This methodology is intended to reduce systemic risk while protecting individual investors from fraudulent and unfair actions.


One of the distinguishing features of ASIC’s regulatory framework is its focus on excellent corporate governance, consumer protection, and risk management among the firms it regulates.


For forex brokers, this entails complying with tight capital requirements, maintaining strong internal processes, and offering their customers clear and fair-trading conditions.


They also play an important role in educating and enlightening investors, providing materials to assist them in making sound choices.


It has established globally recognized regulatory standards, which makes firms that operate under ASIC’s regulations attractive to investors from all corners of the world.


ASIC remains a top-ranked regulator worldwide through its commitment to preserving an open and steady financial system and active engagement in global regulatory forums.


Benefits of Trading with ASIC-Regulated Brokers




By choosing to trade with brokers regulated by ASIC, traders can enjoy numerous benefits and safeguards. The foremost objective is to create a safe and transparent trading environment.


Thanks to the strict regulatory structure imposed by ASIC, these brokers must satisfy stringent operational requirements, including maintaining appropriate capital levels, implementing comprehensive risk management systems, and treating clients equitably.


This means traders receive enhanced protection for their funds while accessing accurate information regarding goods and services available for trade via such regulated platforms.


Moreover, working alongside reputable brokers ensures trustworthiness in every transaction undertaken on this platform.


ASIC’s unwavering commitment to safeguarding the interests of traders guarantees an added level of security achievable by seeking assistance from regulatory authorities if outlooks appear unjust or suspicious during trades.


Furthermore, this gives them complete peace of mind while conducting their business activities online.


10 Best ASIC Regulated Forex Brokers

🔎Broker👉 Open Account💻Compliance Standards🦲Trader Protection🔑Key Features
IG👉 Open AccountRegulated by ASIC and other authorities, adheres to strict standardsNegative balance protection, risk management tools, Financial Ombudsman Service accessDiverse trading instruments, advanced trading platforms, and educational resources
Admirals👉 Open AccountRegulated by ASIC, international standards complianceClient fund segregation, negative balance protection, educational resourcesKnown for its excellent investor education and advanced MetaTrader features
AvaTrade👉 Open AccountRegulated in multiple jurisdictions, including by ASIC, follows strict measuresRisk management tools, negative balance protection, educational materialsBest known for offering an extensive selection of trading platforms for forex and CFD traders
Axi👉 Open AccountRegulated by ASIC and global regulators, high operational standardsClient fund segregation, negative balance protection, educational resourcesa low-cost forex broker ideal for those who need some extra tools to build their trading strategies.
FP Markets👉 Open AccountASIC-regulated, client money protection rules complianceNegative balance protection, client fund segregation, risk management toolsa broker with an impressive range of trading instruments and really attractive terms for clients.
IC Markets👉 Open AccountRegulated by ASIC, strict regulatory requirements, including client fund segregationNegative balance protection, uses top-tier banks for client fund segregationVery well known for their low trading fees and tight spreads.
CMC Markets👉 Open AccountRegulated by ASIC, compliance with regulatory standardsNegative balance protection, client fund segregation, educational resourcesCompetitive spreads, extensive market research tools, and dynamic trading platforms
GO Markets👉 Open AccountASIC-regulated, strict guidelines on operational conduct and client fund segregationNegative balance protection, segregated client accounts, risk management toolsa multi-regulated and multi-awarded CFD broker that offers very favorable trading conditions to its clients at very competitive prices.
eToro👉 Open AccountRegulated by ASIC and other bodies,Globally best Regulated Broker.Guaranteed stop loss, negative balance protection, risk management featuresSocial trading network, diverse financial asset offerings, copy trading service
Pepperstone👉 Open AccountRegulated by Asic, it is an Australian-based Forex service providerNegative balance protection, client fund segregation, educational resourcesLow latency trading, no dealing desk, multiple trading platforms





The Australian Securities and Investments Commission (ASIC) regulates IG to ensure it meets strict financial requirements and operates with integrity. For traders, this implies improved money protection, emphasizing openness and fairness in trading procedures, resulting in a safe and dependable trading environment that meets Australian regulatory standards.




Unique Features

💰Minimum Deposit$250
💳Sign-up Bonus?No
📊SpreadsFrom 0.1 pips
📈Leverage1:30 (Retail), 1:222 (Pro)
💳CommissionFrom 0.105
❌Inactivity Fee$12 after 24 months
💻Account TypesCFD, Spread Betting, DMA
👉 Open Account👉 Open Account


IG Pros and Cons

IG is well-regulated in several regions, including the ASIC in AustraliaIG might be complex for beginners to navigate
The broker adheres to international regulatory standardsSpreads can vary greatly, affecting trading fees
Investor protection, such as negative balance protection, is availableThere is a high minimum deposit
IG is known for its transparent pricing and risk warningsThere are leverage restrictions





Admirals’ compliance with ASIC regulatory requirements demonstrates its dedication to maintaining the high degree of financial integrity and client money security necessary in Australia. Traders may anticipate a secure trading environment with clear operating processes to safeguard their interests.




Unique Features

💰Minimum Deposit$0
💳Sign-up Bonus?Yes, 30 USD No-deposit bonus
📊SpreadsFrom 0.0 pips
📈Leverage1:30 (retail), 1:500 (Pro)
💳CommissionFrom $0.02
❌Inactivity Fee$10 after 2 years of inactivity
💻Account TypesTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5
👉 Open Account👉 Open Account



Admirals Pros and Cons

Admirals are multi-regulatedLeverage for retail traders is limited
Negative balance protection is applied to retail accountsInactivity fees apply
Client funds are kept in segregated accountsThere are restrictions on certain products according to regions
Admirals offer extensive educational materials





AvaTrade is licensed by ASIC and assures it adheres to Australia’s financial services requirements. This involves preserving customer cash in separate accounts, protecting traders’ investments, and ensuring that the broker acts transparently and fairly.




Unique Features

⚖️RegulationCentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC
💻Minimum Deposit$100
💰Sign-up Bonus?No
📊SpreadsFrom 0.9 pips (Retail), 0.6 pips (Pro)
📈Leverage1:30 (Retail), 1:400 (Pro)
💳CommissionNone; only the spread is charged
❌Inactivity Fee$50 after 3 months, $100 after 12 months of inactivity
💻Account TypesStandard Retail Account
👉 Open Account👉 Open Account



AvaTrade Pros and Cons

AvaTrade is a trusted broker with several licenses and regulations globally, including ASICASIC leverage restrictions apply to retail traders
AvaTrade offers top-notch customer support and self-help resourcesThe withdrawal times can be lengthy
There are several risk management tools availableThere might be restrictions on the products available to traders
AvaTrade has transparent trading conditions





Axi is regulated by ASIC, which adheres to Australia’s financial safety and operational transparency requirements. Traders interacting with Axi may be certain that their money is secure and that the broker’s trading methods are fair.




Unique Features

💰Minimum Deposit$0
💳Sign-up Bonus?No
📊SpreadsFrom 0.0 pips
💳CommissionFrom $7 per round turn
❌Inactivity Fee$10 after 12 months
💻Account TypesStandard, Pro, Elite
👉 Open Account👉 Open Account


Axi Pros and Cons

Axi has high standards of operational integrity through its ASIC regulationThere might be leverage restrictions
All retail accounts have negative balance protectionThere may be restricted access to certain financial instruments because of regulatory compliance
Axi offers educational materials and resourcesThe account verification can be complex
Axi is known for its competitive zero-pip spreads


FP Markets



As an ASIC-regulated firm, FP Markets is dedicated to upholding the high standards of financial conduct and trader protection necessary in Australia. This dedication translates into a secure trading environment for traders, focusing on client money safety and clear trading conditions.


FP Markets


Unique Features

🔎BrokersFP Markets
⚖️RegulationASIC, CySEC, FSCA, FSA, FSC
💰Minimum DepositAU$100
💳Sign-up Bonus?No
📊SpreadsFrom 0.0 pips
💳CommissionFrom US$3 per side, US$6 per lot
❌Inactivity FeeNone
💻Account TypesStandard, Raw, Islamic Standard, Islamic Raw
👉 Open Account👉 Open Account


FP Markets Pros and Cons

There are several risk management features available that align with regulatory standardsThe range of products and platforms could be complex for beginners to navigate
Traders have access to several international marketsBecause of strict regulation, there are disclosures and documents to navigate through
All client funds are safely kept in segregated accountsThere are withdrawal and deposit restrictions due to AML policies
FP Markets is well-regulated and has a good reputation


IC Markets



ASIC oversight of IC Markets demonstrates the company’s dedication to Australia’s tight regulatory framework, emphasizing client funds safety via segregated accounts and creating a transparent and fair-trading environment for its traders.


IC Markets


Unique Features

🔎BrokerIC Markets
⚖️RegulationASIC, CySEC, FSA, SCB
💰Minimum Deposit$200
💳Sign-up Bonus?No
📊SpreadsFrom 0.0 pips
💳CommissionFrom $3 to $3.50
❌Inactivity FeeNone
💻Account TypescTrader, Raw Spread, Standard
👉 Open Account👉 Open Account


IC Markets Pros and Cons

IC Markets is a popular broker regulated by several top entities globallyLeverage is capped according to the financial instruments
The trading conditions are competitiveThere might be limitations on the availability of certain instruments
IC Markets is known for its robust and feature-rich technology and platformsThere is a rigorous and extensive verification process that could take some time to navigate
IC Markets offers extensive educational material and superior customer support


CMC Markets



CMC Markets’ commitment to ASIC laws guarantees that it operates with high financial openness and integrity, giving traders peace of mind that their assets are handled safely and that the trading environment is fair and transparent.


CMC Markets


Unique Features

🔎BrokerCMC Markets
⚖️RegulationBaFin, FCA, ASIC, MAS, FMA, IIROC, DFSA
💰Minimum Deposit$0
💳Sign-up Bonus?No
📊SpreadsFrom 0.5 pips
💳CommissionFrom 0.1% per share
❌Inactivity Fee10 GBP after 12 months
💻Account TypesCFD
👉 Open Account👉 Open Account



CMC Markets Pros and Cons

CMC Markets applies for negative balance protectionLeverage is capped at 1:30
There are transparent fee schedulesNew traders might find CMC Markets’ software complex
CMC Markets offers a diverse range of tradable instruments across marketsThere might be higher trading fees
CMC Markets is multi-regulated


GO Markets



GO Markets’ ASIC regulation demonstrates its dedication to upholding the high standards of financial safety, openness, and honesty anticipated in the Australian financial industry.


GO Markets Overview


Unique Features

🔎BrokerGO Markets
⚖️RegulationASIC, FSA Seychelles, FSC Mauritius, CySEC
💰Minimum DepositAU$200
💳Sign-up Bonus?No
📊SpreadsFrom 0.0 pips
💳CommissionFrom US$2.50
❌Inactivity FeeNone
💻Account TypesStandard, GO Plus+
👉 Open Account👉 Open Account


GO Markets Pros and Cons

GO Markets is well-regulated by ASIC and several other entitiesAccount opening and maintenance involve rigorous KYC procedures
There are several educational and analytical resources to help traders make informed decisionsLeverage limits might apply
There are risk management tools to help traders minimize their lossesThere might be regional restrictions on the markets available to traders
Client fund security is guaranteed





eToro is licensed by ASIC, guaranteeing traders’ money is safely maintained in segregated accounts and that they benefit from fair and transparent trading methods.




Unique Features

💰Minimum Deposit$200
💳Sign-up Bonus?No
📊SpreadsFrom 1 pips
📈Leverage1:30 (Retail), 1:400), Pro
❌Inactivity FeeYes, $10 per month after a year
💻Account TypesStandard Account
👉 Open Account👉 Open Account


eToro Pros and Cons

eToro offers negative balance protectionThere are limited customization options with the platform
eToro is a reputable social trading platformThere are limited customization options
All accounts receive negative balance protection
eToro is transparent about its operations and trading conditions





Pepperstone, regulated by ASIC, proves its dedication to following regulatory criteria such as financial transparency, client money security via segregation, and fair-trading procedures by providing Australian traders with a safe and dependable trading platform.




Unique Features

⚖️RegulationASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
💰Minimum DepositAU$200
💳Sign-up Bonus?No
📊SpreadsFrom 0.0 pips
📈Leverage1:200 (Retail), 1:500 (Pro)
💳CommissionFrom AU$7
❌Inactivity FeeNone
💻Account TypesStandard Account, Razor Account
👉 Open Account👉 Open Account


Pepperstone Pros and Cons

Pepperstone focuses on the best execution practicesThere is a lack of extensive education
All client funds are held in segregated accountsThere are leverage limits applied
Pepperstone has competitive conditions and fees
All retail accounts are protected by negative balance protection


ASIC Regulated (AUS) - 10 Best Forex Brokers 1




In our experience, ASIC’s regulatory framework is critical in establishing the landscape of Australian forex and CFD trading, ensuring that traders continue to trade in a safe and transparent environment.


ASIC’s latest upgrades and improvements to its standards, such as implementing leverage limits, greater transparency requirements, and stronger client money protection laws, demonstrate the regulator’s commitment to investor safety and market integrity.


These changes necessitate forex and CFD brokers to constantly adapt their operations and compliance standards, emphasizing openness, fairness, and risk management in customer interactions.


As the financial markets develop, so does ASIC’s regulatory strategy, exhibiting a responsive and proactive attitude to evolving trends and issues.


Overall, this dynamic regulatory framework keeps Australia’s financial markets competitive and appealing to both local and foreign traders, encouraging a culture of innovation and safety in forex and CFD trading.


Frequently Asked Questions


What are the benefits of using an ASIC-regulated forex broker?


You are protected by tougher legislation and consumer protections, which provide better security and transparency.


Who is ASIC?


The Australian Securities and Investments Commission (ASIC) is an independent Australian government entity that regulates financial services. It oversees market and financial services activities to promote fairness, transparency, and consumer and investor protection.


Do ASIC regulations apply to all forex brokers?


Brokers based in Australia or targeting Australian customers.


Who is the best ASIC-regulated forex broker?


It is a subjective decision based on individual trading requirements, preferences, and priorities, such as trading platforms, instruments provided, customer support, and trading conditions.

However, some of the best include AvaTrade, IC Markets, and GO Markets.


How do I find the best ASIC forex broker for me?


Consider costs, spreads, platforms, customer service, and available products depending on your trading requirements.


What are the risks of using a non-ASIC regulated broker?


You have less protection and may be vulnerable to fraud, unfair practices, and increased risks.


What are the recent changes to ASIC regulations for forex brokers?


Leverage restrictions have been decreased, negative balance protection is required, and CFD marketing is banned.