Top 8 Australia ECN Brokers

Australian-ECN-Brokers-snippet-imageThe best ECN forex brokers in Australia list was based on 2020 spreads, speeds, support and forex trading platform.

  • Pepperstone – Best Australian ECN Broker
  • IC Markets – Lowest Spread ECN Forex Broker
  • FP Markets – Best ECN Broker For Scalping
  • AxiTrader – $0 Minimum Deposit MT4 Broker
  • Global Prime – Top Australia Customer Support
  • GO Markets – Best MT5 Broker With ECN Spreads
  • IG – Largest ECN Foreign Exchange STP Broker
  • ThinkMarkets – Best ECN Broker For Beginners
Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets
Our Rating
9.17
8.83
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
0.16
0.10
0.1
0.44
0.2
GBP/USD Avg. Raw Spread
0.40
0.40
0.6
0.85
0.5
AUD/USD Avg. Raw Spread
0.27
0.20
0.1
0.42
0.2
EUR/USD Standard Spread
1.16
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
6
10
5+
6+
5+
Index CFDs
15
16
13+
31+
14+
Share CFDs
64
100
2000+
Commodities CFD
22
19
8+
28+
4+
Stockbroking
Retail Max. Leverage
500:1
500:1
100:1
400:1 (ASIC)
500:1
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
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