Best Forex Brokers in Australia for 2026
Top ASIC-regulated forex brokers offering competitive spreads, local support, and trusted trading conditions for Australian traders.
Written by
Edith Balazs
Fact Checked by
Marcus Thompson
Top 10 Forex Brokers for Australian Traders in 2026
In 2026, the Australian forex landscape is defined by maturity and stability following the ASIC reforms of previous years. Traders now benefit from one of the safest regulatory environments globally. Our 2026 review highlights brokers that excel under these strict conditions, offering raw spreads, local liquidity, and full ASIC compliance. Pepperstone and IC Markets remain the top local choices for their unmatched execution speeds.
Is forex trading regulated in Australia?
Yes, forex trading is regulated by the Australian Securities and Investments Commission (ASIC). ASIC-regulated brokers must meet strict capital requirements and hold client funds in segregated accounts.
Key Features for Australian Traders
Compare essential features of ASIC-regulated forex brokers available to Australian residents.
| Broker | ||
|---|---|---|
| Axi | $3.50/lot | $0 |
| Pepperstone | $3.50/lot | $0 |
| IC Markets | $3.50/lot | $200 |
| FP Markets | $3.00/lot | $100 |
| Fusion Markets | $2.25/lot | $0 |
| Global Prime | $3.50/lot | $0 |
| CMC Markets | None | $0 |
| IG Australia | None | $250 |
| Vantage | $3.00/lot | $50 |
| GO Markets | $2.50/lot | $0 |
Detailed Broker Analysis
Best overall forex broker for Australian traders.
Pepperstone is an Australian-born broker offering institutional-grade execution with ultra-tight spreads. Their Razor account delivers raw spreads from 0.0 pips, perfect for scalpers and active traders. Regulated by ASIC with client fund protection.
Raw spreads and deep liquidity.
IC Markets is renowned for its True ECN pricing and deep liquidity pools. Sydney-based and ASIC-regulated, they're a top choice for serious forex traders seeking the best execution with spreads from 0.0 pips.
Australian broker with global reach.
FP Markets combines competitive ECN pricing with access to over 10,000 global share CFDs. A great choice for Australian traders wanting forex and equity exposure with no inactivity fees.
Lowest commissions in Australia.
Fusion Markets offers the lowest commissions in the Australian market at just $2.25 per lot. No minimum deposit and no inactivity fees make them accessible to all traders. ASIC-regulated with crypto deposits.
Transparent and trader-focused.
Global Prime emphasizes transparency with no hidden markups and rapid execution. Their straightforward approach appeals to traders who value honesty and simplicity. ASIC-regulated since 2010.
Full-service broker with platform innovation.
CMC Markets is a global leader in CFD trading, offering over 330 forex pairs and their proprietary Next Generation platform. Established in 1989 with strong regulatory oversight in Australia and UK.
Largest global broker with local presence.
IG Group, established in 1974, brings decades of trading experience to Australian traders. Regulated by ASIC and FCA, offering extensive education resources and proprietary platforms.
Multi-regulated with crypto options.
Vantage offers competitive spreads and fast account opening in minutes. With ASIC and FCA regulation plus crypto deposits, they provide flexible trading options for modern traders.
Australian-owned with personal touch.
GO Markets is one of Australia's original forex brokers, founded in 2006. They focus on personalized service and education, making them ideal for new traders learning the markets.
Tech-forward broker with MT4 optimization.
Axi (formerly AxiTrader) offers optimized MT4 terminals with advanced ProTrader tools. ASIC and FCA regulated with crypto deposit options, appealing to traders who prefer the MT4 ecosystem.
Frequently Asked Questions
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January 2026