Top 10 Australian Forex Brokers

Our April 2021 best forex broker Australia list is.

  • Pepperstone Pepperstone - Best ASIC regulated forex broker
  • ic markets logo IC Markets - Lowest spread Australian forex broker
  • Plus500 Plus500 - Best forex trading platform for beginners
  • eToro UK eToro - Top Australian CFD copy trading platform
  • FXCM UK FXCM - Good MetaTrader 4 forex trading platform
  • IG UK IG - Largest forex broker in Australia
  • CMC Markets UK CMC Markets - Top range of currency pairs
  • CFD Platform With Range Of Financial Instruments Saxo Bank - Top VIP forex exchange broker
  • fpmarkets logo FP Markets - Best forex broker for scalping
  • Markets.com UK Markets.com - Best trading tools and demo account

Pepperstone
IC Markets
Markets.com
FP Markets
CMC Markets
Our Rating
9.17
8.83
8.17
8
7.17
Most Awarded Broker
Lowest Spreads
Negative Balance Protection
Fastest Limit Order Speed
Offers CFDs + Stockbroking

Regulations and Licenses

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

Brokerage

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
CMC Markets
EUR/USD Avg. Raw Spread
0.09
0.10
0.10
GBP/USD Avg. Raw Spread
0.59
0.40
0.20
AUD/USD Avg. Raw Spread
0.17
0.20
0.20
EUR/USD Standard Spread
1.09
1.10
0.60
1.20
0.7
Commissions (USD Base)
$3.50
$3.50
$3.00
Commission Rebates

Markets and Instruments

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
CMC Markets
Currency Pairs
66
65
120
61+
339
Cryptocurrency CFDs
6
10
7
5+
12
Index CFDs
15
16
58
14+
46
Commodities CFD
22
19
36
4+
111
Stockbroking
Retail Max. Leverage
30:1
30:1
30:1
30:1
30:1

Trading Platforms + Tools

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

Overall