Best Australian Forex Brokers

Our ASIC regulated best forex trading platform Australia list is:

  • Pepperstone Pepperstone - Best forex broker in Australia
  • FP Markets FP Markets - Low spread ASIC regulated forex broker
  • eToro eToro - Top Australian CFD Social Trading Platform
  • AvaTrade Avatrade - Best fixed spread forex broker
  • Plus500 Plus500 - Has A Solid Mobile Trading Platform
  • IC Markets IC Markets - Best forex broker with MT5 for scalping
  • CMC Markets CMC Markets - Is Top For Risk Management
  • FXCM FXCM - Has A Wide Range Of Trading Platforms
  • go markets logo Go Markets - Best For Low Commissions
  • IG IG - Has The Best Range Of Markets

Pepperstone
Go Markets
IC Markets
FP Markets
IG
Our Rating
9.33
7.67
8.50
8.17
6.67
Fast Execution Speed
lowest commission fees
No Dealing Desk
Fastest Limit Order Execution Speed
Guaranteed stop loss orders

Regulations and Licenses

Feature
Pepperstone
Go Markets
IC Markets
FP Markets
IG
ASIC (Australia)

Brokerage

Feature
Pepperstone
Go Markets
IC Markets
FP Markets
IG
EUR/USD Avg. Raw Spread
0.17
0.20
0.02
0.20
0.17
GBP/USD Avg. Raw Spread
0.59
0.50
0.23
0.70
0.59
AUD/USD Avg. Raw Spread
0.24
0.20
0.17
0.40
0.3
EUR/USD Standard Spread
0.75
1.20
0.62
1.30
1.13
EUR/USD Fixed Spreads
-
-
-
Commissions (USD Base)
$3.50
$3.00
$3.50
$3.00
$3.50
Minimum Deposit
$0
$200
$0
$100
$450
Swap Free Account
No Inactivity Fees
Funding Methods
16+
8+
15+
10+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Go Markets
IC Markets
FP Markets
IG
Currency Pairs
62+
50+
61+
63+
100+
Cryptocurrency CFDs*
12+
10+
18+
4+
12+
Index CFDs
14+
14+
16+
14+
34+
Share CFDs
300+
2000+
100+
12,986+
12000+
Commodities CFD
9+
6+
26+
7+
35+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
500:1
500:1
Pro 1: 100:1
Pro 2: 250:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
Go Markets
IC Markets
FP Markets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
Go Markets
IC Markets
FP Markets
IG
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 ASIC, FCA
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.67 ASIC, CYSEC
FSC
0.20 0.50 0.20 140ms $200 50+ 10+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 8.17 ASIC, CySEC 0.20 0.70 0.40 95ms $100 63+ 4+ 30:1 500:1
Visit Broker > 6.67 ASIC, CySEC
FCA,FMA
0.17 0.59 0.3 140ms $450 100+ 12+ 30:1 200:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 5.83 ASIC, CySEC
FCA, FMA
- - - 140ms $100 71+ 15+ 30:1 300:1