Top 10 Australian Forex Brokers

The best ASIC regualted forex broker 2021 list is based on spreads, features and forex trading platforms.

  • Pepperstone

    Pepperstone – Best ASIC regulated forex broker

  • ic markets logo

    IC Markets – Lowest spread Australian forex broker

  • Markets.com UK

    Markets.com – Best forex platforms and tools

  • fpmarkets logo

    FP Markets – Best forex broker for scalping

  • IG UK

    IG – Largest forex broker in Australia

  • Plus500 UK

    Plus500 – Best forex trading platform for beginners

  • CMC Markets UK

    CMC Markets – Good range of currency pairs

  • eToro UK

    eToro – Top CFD copy trading platform

  • CFD Platform With Range Of Financial Instruments

    Saxo Bank – Top VIP forex exchange broker

  • FXCM UK

    FXCM – Good MetaTrader 4 forex broker


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
0.16
0.10
0.10
GBP/USD Avg. Raw Spread
0.40
0.40
0.20
AUD/USD Avg. Raw Spread
0.27
0.20
0.20
EUR/USD Standard Spread
1.16
1.10
0.60
1.20
1.2
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
500:1
500:1
300:1
500:1
500:1

Trading Platforms + Tools

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

Overall