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
Best Spread Broker
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
0.13
0.10 Raw Account
0.0
0.44
0.2
GBP/USD Avg. Raw Spread
0.51
0.40 Raw Account
N/A
0.85
0.5
AUD/USD Avg. Raw Spread
0.18
0.20 Raw Account
N/A
0.42
0.2
EUR/USD Standard Spread
1.13
1.10
1.2
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
AUD $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
4+
10+
5+
6+
5+
Index CFDs
2+
16+
13+
31+
14+
Share CFDs
5+
100+
2000+
Commodities CFD
4+
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
ESMA regulated territories only
Demo Account
Unique Feature 1
Smart Trader Tools
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

Pepperstone
IC Markets
Global Prime
AxiTrader
Go Markets