Best Australian Forex Brokers

Our top forex broker Australia list in October 2021 is.

  • Pepperstone Pepperstone - Best ASIC regulated forex broker
  • Markets.com Markets.com - Great forex trading platform and tools
  • FP Markets FP Markets - Lowest spread Australian forex broker
  • Plus500 Plus500 - Best forex trading Australia for beginners
  • eToro eToro - Top Australian CFD copy trading platform
  • IC Markets IC Markets - Top currency trading broker for scalping
  • FXCM FXCM - Good MetaTrader 4 forex trading platform
  • IG IG - Largest forex broker in Australia
  • CMC Markets CMC Markets - Top range of CFDs and currency pairs
  • Saxo Markets Saxo Bank - Good VIP forex exchange broker

Pepperstone
Markets.com
FP Markets
IC Markets
CMC Markets
Our Rating
9.17
8.17
8
6.83
7.17
Most Awarded Broker
Negative Balance Protection
Fastest Limit Order Speed
Lowest Spreads
Offers CFDs + Stockbroking

Regulations and Licenses

Feature
Pepperstone
Markets.com
FP Markets
IC Markets
CMC Markets
ASIC (Australia)

Brokerage

Feature
Pepperstone
Markets.com
FP Markets
IC Markets
CMC Markets
EUR/USD Avg. Raw Spread
0.09
0.10
0.10
GBP/USD Avg. Raw Spread
0.38
0.20
0.40
AUD/USD Avg. Raw Spread
0.17
0.20
0.20
EUR/USD Standard Spread
0.69
0.60
1.20
1.10
0.7
Commissions (USD Base)
$3.50
$3.00
$3.50
Commission Rebates

Markets and Instruments

Feature
Pepperstone
Markets.com
FP Markets
IC Markets
CMC Markets
Currency Pairs
66
67
61+
65
339
Cryptocurrency CFDs
12
25
5+
10
12
Index CFDs
15
40
14+
16
46
Commodities CFD
22
28
4+
19
111
Stockbroking
Retail Max. Leverage
30:1
30:1 (UK/Europe/Australia)
300:1 (Other)
30:1
30:1
30:1

Trading Platforms + Tools

Feature
Pepperstone
Markets.com
FP Markets
IC Markets
CMC Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader

Overall