Best Australian ECN Forex Brokers

Our best ECN broker Australia list in August 2021 is the following.


Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
Our Rating
9.17
6.83
7.17
4.83
7.67
Most Awarded Broker
Lowest Spreads
Good for MetaTrader 4 traders
Low Commission GO+ Account

Regulations and Licenses

Feature
Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
ASIC (Australia)

Brokerage

Feature
Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
EUR/USD Avg. Raw Spread
0.09
0.10
0.1
0.44
0.2
GBP/USD Avg. Raw Spread
0.38
0.40
0.6
0.85
0.5
AUD/USD Avg. Raw Spread
0.17
0.20
0.1
0.42
0.2
EUR/USD Standard Spread
0.69
1.10
1.2
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
$3.50
$3.50
$3.50
USD
AUD$3.0 (side)
Commission Rebates
No
Minimum Deposit
$200
$200
$200
$0
AUD$200
Swap Free Account
No
No Inactivity Fees
Funding Methods
16
15
4
12
8
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
Currency Pairs
66
65
46+
80+
50+
Cryptocurrency CFDs
12
10
5+
6+
5+
Index CFDs
15
16
13+
31+
14+
Share CFDs
300+
100
2000+
Commodities CFD
22
19
8+
28+
4+
Stockbroking
Retail Max. Leverage
30:1
30:1
30:1
30:1 (ASIC)
30:1
Professional Leverage
500:1
500:1
200:1
400:1 (ASIC)
500:1

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
ESMA regulated territories only
Guaranteed Neg Protection
ESMA regulated territories only
Demo Account
Unique Feature 1
Best Customer Service
ECN pricing
Wide range of CFDs
MetaTrader 4 specialist
Low commission fees
Unique Feature 2
Fast Execution Speed
Range of fee free funding options
30bn+ Average monthly volume traded
Award-winning customer service
Tight spreads

Overall