Forex Brokers in Australia
Here you can compare the best australian Forex brokers in 2025, having offices in Sydney or Melbourne. You can have the best Forex trading experience in choosing a good broker among the list of recommended reliable brokers regulated by ASIC in Australia.
| # | Broker | Popularity | ASIC | Min. Deposit |
ECN (min. deposit) |
MT4 | MT5 | |
|---|---|---|---|---|---|---|---|---|
| 1 |
|
335692 | 300 AUD | ✓ | ✓ | > Visit → | ||
|
IC Markets is a widely recognized ECN broker, known for its raw spreads and deep liquidity. It is a choice for automated strategies and scalpers due to low latency execution. Key features include no dealing desk intervention and diverse liquidity providers. Suitable for high-volume traders and algorithm developers. |
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| 2 |
|
443670 | 10 AUD | ✓ | ✓ | > Visit → | ||
|
XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. |
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| 3 |
|
406684 | $100 | ✓ | ✓ | > Visit → | ||
|
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience. |
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| 4 |
|
428901 | 75 AUD | 750 AUD | ✓ | ✓ | > Visit → | |
|
Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools. |
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| 5 |
|
286354 | 150 AUD | 150 AUD | ✓ | ✓ | > Visit → | |
|
FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access. |
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| 6 |
|
414530 | 15 AUD | 15 AUD | ✓ | ✓ | > Visit → | |
|
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders. |
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| 7 |
|
493520 | $100 | $100 | ✓ | > Visit → | ||
|
Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools. |
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| 8 |
|
417727 | 150 AUD | > Visit → | ||||
|
|
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| 9 |
|
391441 | 150 AUD | ✓ | ✓ | > Visit → | ||
|
Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation. |
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| 10 |
|
412871 | 2 AUD | 150 AUD | ✓ | ✓ | > Visit → | |
|
FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders. |
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| 11 |
|
417482 | 150 AUD | 150 AUD | ✓ | > Visit → | ||
|
IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions. |
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| 12 |
|
410681 | 2 AUD | ✓ | ✓ | > Visit → | ||
|
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis. |
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IC Markets is a widely recognized ECN broker, known for its raw spreads and deep liquidity. It is a choice for automated strategies and scalpers due to low latency execution. Key features include no dealing desk intervention and diverse liquidity providers. Suitable for high-volume traders and algorithm developers.
| Popularity |
|
|---|---|
| Min. Deposit | 300 AUD |
| ECN | |
| ASIC | 335692 |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
| Popularity |
|
|---|---|
| Min. Deposit | 10 AUD |
| ECN | |
| ASIC | 443670 |
| Platforms | MT4 ✓ MT5 ✓ |
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience.
| Popularity |
|
|---|---|
| Min. Deposit | $100 |
| ECN | |
| ASIC | 406684 |
| Platforms | MT4 ✓ MT5 ✓ |
Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools.
| Popularity |
|
|---|---|
| Min. Deposit | 75 AUD |
| ECN (min. deposit) | 750 AUD |
| ASIC | 428901 |
| Platforms | MT4 ✓ MT5 ✓ |
FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access.
| Popularity |
|
|---|---|
| Min. Deposit | 150 AUD |
| ECN (min. deposit) | 150 AUD |
| ASIC | 286354 |
| Platforms | MT4 ✓ MT5 ✓ |
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders.
| Popularity |
|
|---|---|
| Min. Deposit | 15 AUD |
| ECN (min. deposit) | 15 AUD |
| ASIC | 414530 |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools.
| Popularity |
|
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| ASIC | 493520 |
| Platforms | MT4 ✓ |
| Popularity |
|
|---|---|
| Min. Deposit | 150 AUD |
| ECN | |
| ASIC | 417727 |
Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation.
| Popularity |
|
|---|---|
| Min. Deposit | 150 AUD |
| ECN | |
| ASIC | 391441 |
| Platforms | MT4 ✓ MT5 ✓ |
FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders.
| Popularity |
|
|---|---|
| Min. Deposit | 2 AUD |
| ECN (min. deposit) | 150 AUD |
| ASIC | 412871 |
| Platforms | MT4 ✓ MT5 ✓ |
IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions.
| Popularity |
|
|---|---|
| Min. Deposit | 150 AUD |
| ECN (min. deposit) | 150 AUD |
| ASIC | 417482 |
| Platforms | MT4 ✓ |
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis.
| Popularity |
|
|---|---|
| Min. Deposit | 2 AUD |
| ECN | |
| ASIC | 410681 |
| Platforms | MT4 ✓ MT5 ✓ |
Forex trading in Australia is regulated by the Australian Securities and Investments Commission (ASIC). In order to legally trade forex in Australia, traders must be registered with an ASIC-regulated broker and hold a valid Australian financial services (AFS) license.
There are a number of Australian-based forex brokers that offer trading services to local residents. It is important to carefully research and compare different brokers before choosing one to trade with.
Overall, forex trading in Australia is a regulated and fairly straightforward process, with a number of options available for traders to choose from.
What is Forex?
Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.
Forex trading
Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.
What is a broker?
Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.