Australia Forex Brokers in Australia

Here you can compare the best australian Forex brokers in 2024, 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.

Risk Warning: Your capital is at risk.

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ASIC Popularity Minimum Deposit
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ECN (Min. Deposit)
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1  IC Markets 335692 4/5 $/ A$200 Review
2  XM Group 443670 4/5 $/ A$5 Review
3  admirals 410681 3/5 $/ A$1 Review
4  Vantage 428901 3/5 $/ A$50 $/ A$500 Review
5  FXOpen 412871 2/5 $/ A$1 $/ A$100 Review
6  FP Markets 286354 2/5 $/ A$100 $/ A$100 Review
7  Pepperstone 414530 3/5 $/ A$10 $/ A$10 Review
8 IronFX 417482 2/5 $/ A$100 $/ A$100 Review
9 ThinkMarkets 424700 3/5 $/ A$1 $/ A$500 Review
10 Fortrade 493520 3/5 $100 $100 Review
11  Axi 318232 3/5 $/ A$1 Review
12  Eightcap 391441 3/5 $/ A$100 Review
13  AvaTrade 406684 3/5 $100 Review
14 Markets.com 424008 2/5 $/ A$100 Review
15 easyMarkets 246566 2/5 $/ A$100 Review
ASIC 335692
Popularity 4/5
Minimum Deposit $/ A$200
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ASIC 443670
Popularity 4/5
Minimum Deposit $/ A$5
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ASIC 410681
Popularity 3/5
Minimum Deposit $/ A$1
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ASIC 428901
Popularity 3/5
Minimum Deposit $/ A$50
ECN $/ A$500 (Min. Deposit)
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ASIC 412871
Popularity 2/5
Minimum Deposit $/ A$1
ECN $/ A$100 (Min. Deposit)
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ASIC 286354
Popularity 2/5
Minimum Deposit $/ A$100
ECN $/ A$100 (Min. Deposit)
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ASIC 414530
Popularity 3/5
Minimum Deposit $/ A$10
ECN $/ A$10 (Min. Deposit)
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ASIC 417482
Popularity 2/5
Minimum Deposit $/ A$100
ECN $/ A$100 (Min. Deposit)
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ASIC 424700
Popularity 3/5
Minimum Deposit $/ A$1
ECN $/ A$500 (Min. Deposit)
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ASIC 493520
Popularity 3/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
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ASIC 318232
Popularity 3/5
Minimum Deposit $/ A$1
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ASIC 391441
Popularity 3/5
Minimum Deposit $/ A$100
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ASIC 406684
Popularity 3/5
Minimum Deposit $100
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ASIC 424008
Popularity 2/5
Minimum Deposit $/ A$100
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ASIC 246566
Popularity 2/5
Minimum Deposit $/ A$100
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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.


Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital.

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