ASIC regulated | The Best ASIC Regulated Forex Brokers November 2022

Are you looking for the best Forex brokers that are regulated by Australia’s ASIC to make sure you are getting the very best trading conditions and your trading funds are safe?

You are in the right place!

In this post we go through the best Forex brokers that are regulated by ASIC in Australia.

These brokers all have different features and you will be able to find a broker to suit you depending on whether you need a broker with a small minimum deposit, a broker with a mobile trading platform or Metatrader or a broker that has top of the line customer support.

asic

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Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees.

Recommended

8cap

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71% of retail investor accounts lose money when trading CFDs with this provider....

Forex.com

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....

VantageFX

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....

AvaTrade

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71% of retail investor accounts lose money when trading CFDs with this provider....

Rating

4.5

Mobile App

10/10

Regulation

CFTCNFA

CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA

Bill

Min.Deposit

$250

$100

$200

$100

Leverage max

100

100:1

500

400

Forex pairs

Fees & spreads

EUR/GBP

N/A

1.5

N/A

EUR/USD

N/A

1.3

N/A

0.9

EUR/JPY

0.3

1.6

N/A

EUR/CHF

0.2

3.1

N/A

GBP/USD

N/A

1.9

N/A

GBP/JPY

0.1

3.6

N/A

GBP/CHF

0.3

4.2

N/A

USD/JPY

N/A

1.5

N/A

USD/CHF

0.2

2.0

N/A

CHF/JPY

0.3

N/A

EUR/RUB

N/A

USD/RUB

N/A

Additional Fee

Continuous Fee

Variables

N/A

Conversion Fee

Variablespips

1.3pips

N/A

Trading platforms

Demo

Webtrader

Copytrading

Mt4

STP/DMA

Ctrader

MT5

Avasocial

Ava Options

Leverage

FCA

CYSEC

ASIC

CFTC

NFA

BAFIN

CMA

SCB

DFSA

CBFSAI

BVIFSC

FSCA

FSA

FFAJ

ADGM

FRSA

Active

Forex

Indices

Actions

Cryptocurrencies

Raw Materials

Etfs

Additional characteristics

Islamic Account

Education & Webinars

Charts & Tools

Scalping

Spread Betting

Automated Trading

Free Forex Signals

Payment methods

Bank Transfer

Credit Card

Giropay

Neteller

Paypal

Sepa Transfer

Skrill

Sofort

Best ASIC Regulated Forex Brokers

Plus500

Plus500	Regulation	Min Deposit	Platform	Open an Account
	ASIC, FCA + Others	$100	Plus500 Platform	Trade Now

Pros:

Easy to use trading platform.
Smaller minimum deposit.
Quick and easy to open an account.
Fast and helpful customer support.

Cons:

Some countries not accepted.
Educational resources not as great as others.

Plus500 is a market maker broker that offers their own trading platform that is very easy to use.

This broker offers trading on pretty much every market you could think of. If you cannot find what you are looking for on another broker, then Plus500 is probably for you. After signing up you get access to everything from Forex through to options and even ETF trading.

Plus500 offers large leverage, very small spreads and no commission trading making it a very good options for many different types of trading strategies.

Trade Now

Your capital is at risk.

IC Markets

IC Markets	Regulation	Min Deposit	Platform	Open an Account
	ASIC, CySec.	$200	MT4, MT5 and cTrader	Trade Now

Pros:

No withdrawal or deposit fees.
Low trading costs.
High leverage.

Cons:

No protection EU traders.
Live chat at times can be slow.

IC Markets is also an Australian based broker that is regulated by ASIC.

This broker has been around a long time and is now one of the biggest brokers in the world.

IC markets has a huge offering that caters to all types of traders. You have the ability to use any indicators or EA’s you like as well as use strategies like scalping.

You can use many different platforms such as MT4, MT5 and cTrader that are available on both desktop and mobile devices.

Trade Now

Your capital is at risk.

FXCM

FXCM	Regulation	Min Deposit	Platform	Open an Account
	FCA, ASIC + others.	$300	Trading Station, MT4 and NinjaTrader	Trade Now

Pros:

Very good education available.
Easy to quickly open an account.
Multiple account types available.
Low spreads.

Cons:

Not as many markets as others.
Higher minimum deposit.

FXCM is a leading global broker that has been offering it’s services since 1999.

FXCM has a huge range of trading services that include foreign exchange (FX) trading, CFD trading and spread betting. With FXCM you have access to multiple trading platforms, tools and premium resources to help you gain an edge over the markets.

One of the reasons so many choose to trade with FXCM is because of their extensive range of markets you can trade. You get access to everything from Forex, shares, cryptocurrencies, commodities and indices.

Trade Now

Your capital is at risk.

Pepperstone

	Regulation	Min Deposit	Platform	Open an Account
	ASIC, FCA + Others	$200	MT4, MT5 and cTrader	Trade Now

Pros:

It is regulated by ASIC and FCA.
Offers various trading platforms.
Low FX, equity, and indices fees.
Excellent customer service.
Free deposit and withdrawal.

Cons:

No investor protection for non-EU traders.
No fundamental data analysis.

Pepperstone is an Australian based broker and is widely regarded as one of the best Forex brokers in the world.

With Pepperstone you have the ability to trade on Forex, gold, indices, equities, and more. One of the biggest benefits to Pepperstone is the availability of not just MT5, but also other different trading platforms. You can choose any of the MT4, MT5, and cTrader that come on desktop, mobile and web trading.

Pepperstone offer very comprehensive education and analysis that ranges from market news, analysis, an economic calendar, guides, webinars, and more.

Another large benefit to Pepperstone is their small trading costs. Pepperstone offer very small spreads and charge low commissions per round trade.

Trade Now

Your capital is at risk.

Who is ASIC?

The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator.

ASIC’s role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors.

ASIC is known as one of the most powerful corporate watch dogs in the world and for cracking down hard on Forex brokers when they step out of line.

Why Would You Want an ASIC Regulated Broker?

Some of the safest broker in the world with the strongest regulations are ASIC brokers.

This makes your trading capital safe and gives you very good trading conditions.

Trading with a ASIC registered Forex broker will give you peace of mind that not only is your capital safe, but if something does go wrong with your broker, then you have a complaint process in place to sort out any issues.

ASIC has a long history of keeping Forex brokers inline and making sure they play by the rules.

How You Can Check the ASIC Register

If you want to see if a broker is registered with ASIC you can find the register at this link here.

Following that link and using that register will allow you to search and make sure that the broker you are looking to trade with is correctly registered with ASIC.

How to Make a Complaint to ASIC

If you believe there has been misconduct by your Forex broker, its directors or officers, then you can make a complaint with ASIC.

The steps are laid out for you in detail to follow in ASIC’s website and you can find them and complete your complain at this link here.

FAQ’s

Who are ASIC?

The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors.

Where can I find the ASIC register?

If you want to see if a broker is registered with ASIC you can find the register at this link here; https://asic.gov.au/online-services/search-asics-registers/

How to make a complaint to ASIC?

If you believe there has been misconduct by your Forex broker, its directors or officers, then you can make a complaint with ASIC. Follow the steps laid out here; https://asic.gov.au/about-asic/contact-us/how-to-complain/

The Best ASIC Regulated Forex Brokers 2022

Compare Forex Brokers Fees:

8cap

Forex.com

VantageFX

AvaTrade