Australian Securities & Investments Commission logo

ASIC

Australian Securities & Investments Commission

Australia

Tier 1 - strictest

What the ASIC does

ASIC regulates Australian financial services licensees and, since its 2021 product intervention order, applies leverage limits and conduct standards very close to the UK and EU model.

Protections for traders

  • Client money held in segregated trust accounts
  • Leverage capped at 1:30 for major FX pairs
  • Negative balance protection for retail clients
  • Standardised margin close-out at 50% of required margin
  • External dispute resolution via AFCA

Best ASIC-regulated brokers

Ranked by BrokaBoy score, with ties listed alphabetically.

CMC Markets logo

CMC Markets

9.3/10· Trustpilot 4.2 (3,386 reviews)

Advanced charts, LSE-listed

Min Dep
$0
Spread
0.0 pips
Leverage
1:30

Affiliate link - see our Methodology

Pepperstone logo

Pepperstone

Featured
9.2/10· Trustpilot 4.2 (3,580 reviews)

Award-winning execution speed

Min Dep
$10
Spread
0.0 pips
Leverage
1:400

Affiliate link - see our Methodology

Axi logo

Axi

9.1/10· Trustpilot 4.1 (7,586 reviews)

Australian MT4 specialist with a strong copy-trading offer

Min Dep
$100
Spread
0.0 pips
Leverage
1:1000 (entity dependent)

Affiliate link - see our Methodology

Forex.com logo

Forex.com

9.1/10· Trustpilot 4.6 (2,481 reviews)

StoneX-owned broker with US and global entities

Min Dep
$100
Spread
0.0 pips
Leverage
1:200

Affiliate link - see our Methodology

Saxo Bank logo

Saxo Bank

9.1/10· Trustpilot 3.6 (8,756 reviews)

Licensed Danish bank offering deep multi-asset market access

Min Dep
$0
Spread
0.4 pips
Leverage
Up to 1:30 (retail, EU/UK)

Affiliate link - see our Methodology

IG logo

IG

9.0/10· Trustpilot 3.7 (9,975 reviews)

FTSE-listed global leader in CFDs and spread betting

Min Dep
$0
Spread
0.6 pips
Leverage
Up to 1:30 (retail, UK/EU)

Affiliate link - see our Methodology

OANDA logo

OANDA

9.0/10· Trustpilot 3.5 (1,235 reviews)

Precision pricing since 1996

Min Dep
$0
Spread
0.0 pips
Leverage
1:50 (entity dependent)

Affiliate link - see our Methodology

ThinkMarkets logo

ThinkMarkets

8.9/10· Trustpilot 3.4 (520 reviews)

Multi-regulated broker with its own ThinkTrader platform

Min Dep
$0
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

Vantage Markets logo

Vantage Markets

8.9/10· Trustpilot 4.4 (14,731 reviews)

ASIC-supervised group with raw ECN pricing and copy trading

Min Dep
$50
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

Interactive Brokers logo

Interactive Brokers

8.8/10· Trustpilot 3.1 (5,486 reviews)

Global multi-asset broker for serious investors

Min Dep
$0
Spread
0.1 pips
Leverage
1:30

Affiliate link - see our Methodology

Moneta Markets logo

Moneta Markets

8.7/10· Trustpilot 4.1 (583 reviews)

Multi-platform broker aimed at active retail traders

Min Dep
$50
Spread
0.0 pips
Leverage
1:1000

Affiliate link - see our Methodology

Capital.com logo

Capital.com

8.6/10· Trustpilot 4.6 (15,090 reviews)

AI-assisted CFD platform with wide market coverage

Min Dep
$10
Spread
0.6 pips
Leverage
1:30 (entity dependent)

Affiliate link - see our Methodology

Eightcap logo

Eightcap

8.6/10· Trustpilot 4.1 (3,898 reviews)

Raw-spread broker with strong crypto CFD range

Min Dep
$100
Spread
0.0 pips
Leverage
1:500

Affiliate link - see our Methodology

FP Markets logo

FP Markets

Featured
8.6/10· Trustpilot 4.8 (10,285 reviews)

ECN pricing with 10,000+ instruments

Min Dep
$100
Spread
0.0 pips
Leverage
1:500

Affiliate link - see our Methodology

Fusion Markets logo

Fusion Markets

8.3/10· Trustpilot 4.8 (9,250 reviews)

Low-cost Australian broker with tiny commissions

Min Dep
$0
Spread
0.0 pips
Leverage
1:500 (entity dependent)

Affiliate link - see our Methodology

GO Markets logo

GO Markets

8.3/10· Trustpilot 4.2 (748 reviews)

Long-standing Australian forex specialist

Min Dep
$200
Spread
0.0 pips
Leverage
1:500 (entity dependent)

Affiliate link - see our Methodology

Global Prime logo

Global Prime

8.2/10· Trustpilot 4.7 (558 reviews)

Execution-transparency focused Australian broker

Min Dep
$0
Spread
0.03 pips
Leverage
1:1000

Affiliate link - see our Methodology

IC Markets logo

IC Markets

Featured
8.1/10· Trustpilot 4.8 (56,055 reviews)

Raw spreads for serious traders

Min Dep
$200
Spread
0.0 pips
Leverage
Up to 1:5000 (entity dependent)

Affiliate link - see our Methodology

Hantec Markets logo

Hantec Markets

8.0/10· Trustpilot 5.0 (5,368 reviews)

Established broker with sponsorship-backed brand

Min Dep
$0
Spread
0.0 pips
Leverage
1:500

Affiliate link - see our Methodology

PU Prime logo

PU Prime

8.0/10· Trustpilot 2.9 (1,841 reviews)

Multi-asset broker aimed at emerging markets

Min Dep
$50
Spread
0.0 pips
Leverage
1:1000

Affiliate link - see our Methodology

XM logo

XM

Featured
8.0/10· Trustpilot 2.1 (3,130 reviews)

10M+ clients, 190+ countries

Min Dep
$5
Spread
0.6
Leverage
1:1000 (equity dependent)

Affiliate link - see our Methodology

FXCM logo

FXCM

7.9/10· Trustpilot 4.6 (976 reviews)

Long-running CFD broker with strong charting tools

Min Dep
$50
Spread
0.2 pips
Leverage
1:400

Affiliate link - see our Methodology

VT Markets logo

VT Markets

7.8/10· Trustpilot 3.5 (2,868 reviews)

Australian-founded broker with global reach

Min Dep
$50
Spread
0.0 pips
Leverage
1:1000

Affiliate link - see our Methodology

AvaTrade logo

AvaTrade

7.7/10· Trustpilot 4.8 (13,229 reviews)

Global broker, local support

Min Dep
$100
Spread
0.9
Leverage
1:400

Affiliate link - see our Methodology

easyMarkets logo

easyMarkets

7.7/10· Trustpilot 4.3 (1,929 reviews)

Fixed spreads with built-in risk tools

Min Dep
$25
Spread
0.9 pips
Leverage
1:400

Affiliate link - see our Methodology

Plus500 logo

Plus500

7.7/10· Trustpilot 4.2 (19,809 reviews)

Clean CFD trading, no clutter

Min Dep
$100
Spread
0.6
Leverage
1:30

Affiliate link - see our Methodology

FBS logo

FBS

7.4/10· Trustpilot 4.3 (9,902 reviews)

Low-entry accounts for emerging-market traders

Min Dep
$5
Spread
0.7 pips
Leverage
1:3000

Affiliate link - see our Methodology

eToro logo

eToro

Featured
7.3/10· Trustpilot 4.1 (31,994 reviews)

Social trading, reinvented

Min Dep
$50
Spread
1.0
Leverage
1:30

Affiliate link - see our Methodology

Country guides

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