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Australian forex brokers

 

In the past few years Australia has established itself as one of the main forex hubs in the world. This is most probably due to the favorable conditions for FX & CFD brokers there, and the flexible regulation, which allows brokerages to offer traders outstanding trading conditions. With more and more international brokers setting up offices Down Under, Australia's forex market growth keeps growing sustainably. 

 

It's important to explain, thought, that when we say “flexible regulation”, we don't mean that brokers and traders can do whatever they feel like – just on the contrary. The local financial regulator ASIC (the Australian Securities and Investments Commission) has a firm grip over financial services, securities and derivatives, consumer protection, etc. 

 

One of the main roles of ASIC's is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors, and so it does – just recently, the regulator raised the minimum net capital requirement for brokers from AUD50,000 to AUD500,000 to make sure that brokerages are well-capitalized to protect investors from unfavorable events (during the next year, this requirement is expected to be increased even further, to AUD1,000,000). 

 

Strategy-wise, there are little restrictions: traders who use the services of Australian brokers can scalp and hedge, the FIFO rule is not applicable, and there is no mandated maximum leverage.

 

Below is a list of forex brokers operating out of Australia.

 

Forex

Australian forex brokers

Broker Min.deposit Leverage Regulation Country Review
$100 1:400 CySec, ASIC Cyprus, Australia Review Website
$5 1:888 FCA, CySec UK, Cyprus Review Website
$0 1:200 FCA, ASIC, MAS, BaFin UK, Australia, Singapore Review Website
$1 1:50 CFTC/NFA, FCA, ASIC US, UK, Canada, Australia, Japan, Singapore Review
$200 1:500 ASIC Australia Review
$50 1:200 (1:50 in US) CFTC/NFA, FCA, ASIC US, UK, Australia, Canada, Japan Review
$0 1:100 ASIC, FMA, FINRA, SEC, NFA Australia Review
$500 1:400 ASIC Australia Review
$25 1:100 FCA, ASIC, FMA UK, Australia, New Zealand Review
$100 1:200 FCA, CySEC, ASIC UK, Cyprus, Australia Review
$250 1:500 FCA, ASIC UK, Australia Review
$25 000 1:400 ASIC Australia Review
$20 1:500 CySEC, FCA, ASIC UK, Cyprus, Australia Review
$100 1:400 ASIC, Central Bank of Ireland Ireland, Australia, Japan, South Africa Review
$200 1:300 ASIC Australia Review
$100 1:500 ASIC Australia Review
$200 1:500 FCA, CySEC, ASIC, EFSA UK, Cyprus, Australia, Estonia Review
$200 1:200 ASIC Australia, UK Review
$500 1:500 ASIC Australia Review
$50 1:200 ASIC Australia Review
$1 1:400 ASIC Australia, UK Review
$1 1:100 ASIC, FMA Australia, New Zealand Review
$200 1:200 ASIC Australia Review
$100 500:1 ASIC Australia Review
$200 1:100 ASIC Australia Review
$100 1:500 FCA, ASIC UK,China, Hong Kong, UAE, Australia Review
$200 1:600 ASIC, FSA Australia, Japan Review
$1000 1:200 SFC, ASIC, FMA Hong Kong, Australia, New Zealand Review
$100 1:500 ASIC, FMA Australia, New Zealand Review
ASIC - Pending Australia Review
$100 1:400 ASIC Australia Review
$500 1:100 ASIC Australia Review
$200 1:400 ASIC Australia Review
$250 1:400 ASIC Australia Review
$1 1:400 ASIC, CySEC, CBL Australia, Cyprus, Lebanon Review
$100 1:500 ASIC Australia Review
No 1:500 ASIC Australia Review
$300 1:400 ASIC Australia Review
$50 1:100 ASIC Australia Review
$100 1:500 ASIC Australia Review
$100 1:500 ASIC Australia Review
$100 1:500 ASIC Australia Review
1:500 ASIC Australia Review
ASIC Australia Review
$200 1:400 ASIC Australia Review
$200 1:400 ASIC Australia Review
$500 1:400 ASIC, SFC Australia Review
$100 1:400 ASIC, CySec Australia, Cyprus Review
$500 1:400 ASIC Australia Review
$500 AUD 1:400 ASIC Australia Review
$250 1:500 ASIC (AR) Australia Review
$1 1:400 ASIC (Authorised rep) Australia Review

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