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BlogBest ASIC Regulated Forex Brokers 2026
Compare the top forex brokers regulated by the Australian Securities & Investments Commission (Australia). Verified licenses and deep liquidity.
Written by
James Wilson
Fact Checked by
Edith Balazs
Why Choose ASIC Regulated Brokers?
ASIC is a top-tier global regulator. Following recent regulatory updates, it now mirrors the strict product intervention measures of European authorities, capping leverage at 1:30 and banning binary options, making ASIC-regulated brokers extremely safe.
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What is the ASIC (Australian Securities & Investments Commission)?
Australian Securities & Investments Commission is the financial regulatory body in Australia. It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.
Quick Picks
Trading Conditions
Compare deposits, leverage, and spreads across these regulated brokers.
| Broker | Action | ||
|---|---|---|---|
| XM | $5 | 1:1000 | Open Account |
| AvaTrade | $100 | 1:400 (Pro) | 1:30 (Retail) | Open Account |
| Axi | $0 | 1:500 | Open Account |
| ThinkMarkets | $0 | 1:500 | Open Account |
| Pepperstone | $0 (Recommended $200) | 1:500 (Pro) | 1:30 (Retail) | Open Account |
| FP Markets | $100 | 1:500 | Open Account |
| Vantage | $50 | 1:500 | Open Account |
| IG | $250 ($0 bank transfer) | 1:30 (Retail UK/EU) | 1:200 (Pro) | Open Account |
| Interactive Brokers | $0 | 1:50 (US) | 1:30 (EU) | 1:500 (Pro) | Open Account |
| IC Markets | $200 | 1:500 | Open Account |
| OANDA | $0 | 1:50 (US) | 1:30 (EU/UK) | 1:200 (BVI) | Open Account |
| CMC Markets | $0 | 1:30 (Retail) | 1:500 (Pro) | Open Account |
| Saxo Bank | $2,000 | 1:30 (Retail) | 1:66 (Pro) | Open Account |
| eToro | $10 - $200 (varies by region) | 1:30 (Retail) | Open Account |
| Forex.com | $100 | 1:50 (US) | 1:30 (UK/EU) | 1:400 (Global) | Open Account |
| Admiral Markets | $25 | 1:30 (Retail) | 1:500 (Pro) | Open Account |
| Eightcap | $100 | 1:500 | Open Account |
| Plus500 | $100 | 1:30 (Retail) | 1:300 (Pro) | Open Account |
| FXCM | $50 | 1:30 (EU/UK) | 1:400 (Global) | Open Account |
| FBS | $5 | 1:3000 | Open Account |
| Trade Nation | $0 | 1:30 (Retail) | 1:200 (Pro) | Open Account |
| Moneta Markets | $50 | 1:500 | Open Account |
Detailed Broker Analysis
ASIC-regulated advanced traders, automated trading & tradingview enthusiasts.
Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone is a highly rated broker offering 60+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Regulated by 7 jurisdictions including 4 Tier-1
- Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
- Fast execution - ideal for scalpers/EAs
- MT4, MT5, cTrader, TradingView support
Cons
- Standard account spreads wider than Razor
- Commission varies by platform
- No proprietary mobile app
- Research less extensive than IG
ASIC-regulated beginners, education-focused traders & low deposit users.
Founded in 2009 and headquartered in Cyprus, XM is a highly rated broker offering 55+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Very low $5 minimum deposit
- Multiple account types for all levels
- Excellent educational resources (industry-leading)
- Fast execution with no-requotes policy
Cons
- Not publicly traded - less financial transparency
- No cryptocurrency trading (regulated entities)
- Inactivity fee after 90 days ($15/month then $5/month)
- Standard account spreads wider than competitors
ASIC-regulated professional traders, us traders & comprehensive market access.
Founded in 1974 and headquartered in London, UK, IG is a highly rated broker offering 80+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Regulated by 8+ top-tier authorities (FCA, ASIC, CFTC, etc.)
- Huge range of 17,000+ instruments including options & futures
- FTSE 250 listed company with high financial transparency
- Top-tier educational academy and daily market analysis
Cons
- Admin fee on overnight funding increased to 1.5% (Dec 2026)
- Higher spreads on UK small-cap shares (2026 update)
- No Islamic (swap-free) account available
- MetaTrader 4 offering is limited compared to proprietary platform
ASIC-regulated professional traders, multi-asset investors & institutions.
Founded in 1978 and headquartered in Greenwich, CT, USA, Interactive Brokers is a highly rated broker offering 100+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Unbeatable market access
- Rock bottom commissions
- Safe (Publicly traded)
Cons
- Complex for beginners
- TWS platform has steep learning curve
ASIC-regulated scalpers, ea traders & low-latency algorithmic trading.
Founded in 2007 and headquartered in Sydney, Australia, IC Markets is a highly rated broker offering 61 forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- ASIC and CySEC Tier-1 regulation
- Ultra-tight raw spreads from 0.0 pips
- Excellent for scalping and EAs
- Low latency execution (Equinix)
Cons
- $200 minimum deposit
- Limited educational resources
- Research tools could be expanded
- No FSCS protection
ASIC-regulated us traders, beginners & data-driven analysts.
Founded in 1996 and headquartered in New York, USA, OANDA is a highly rated broker offering 70+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Regulated by 6 Tier-1 authorities
- 28+ years of clean regulatory history
- No minimum deposit requirement
- Competitive spreads from 0.6 pips
Cons
- Inactivity fee after 12 months
- No individual stock CFDs
- Limited cryptocurrency offering
- Higher spreads than some ECN brokers
ASIC-regulated advanced chartists & uk spread bettors.
Founded in 1989 and headquartered in London, UK, CMC Markets is a highly rated broker offering 300+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Publicly traded & highly regulated
- Huge asset selection (12k+)
- Advanced platform features (NextGen)
Cons
- High stock CFD fees for small trades
- Data fees for some exchanges
ASIC-regulated high-net-worth investors & multi-asset traders.
Founded in 1992 and headquartered in Copenhagen, Denmark, Saxo Bank is a highly rated broker offering 185+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Licensed bank with investment-grade rating
- Regulated by multiple Tier-1 authorities
- Massive 70,000+ instrument selection
- Professional-grade platforms
Cons
- Higher minimum for premium tiers
- More expensive for small traders
- Complex platform for beginners
ASIC-regulated social traders, beginners & crypto enthusiasts.
Founded in 2007 and headquartered in Israel, eToro is a highly rated broker offering 49 forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Pioneering social trading platform
- CopyTrader for passive investing
- Real stock and ETF trading
- 80+ cryptocurrencies
Cons
- $5 withdrawal fee
- $10/month inactivity fee after 12 months
- Higher spreads on forex/CFDs
- Currency conversion fees for non-USD
ASIC-regulated us traders, experienced analysts & volume traders.
Founded in 2001 and headquartered in Bedminster, NJ, USA, Forex.com is a highly rated broker offering 80+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Extremely safe (Publicly traded parent)
- Great for US traders
- TradingView charts
Cons
- Spreads on standard account not best in class
- No crypto for UK retail
ASIC-regulated ecn traders, scalpers & australian clients.
Founded in 2005 and headquartered in Sydney, Australia, FP Markets is a highly rated broker offering 70+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- ASIC and CySEC Tier-1 regulation
- Raw spreads from 0.0 pips
- 10,000+ instruments available
- Excellent platform variety (MT4/MT5/cTrader/Iress/TradingView)
Cons
- Iress platform requires $1,000 minimum
- Limited cryptocurrency selection
- Demo account expires after 30 days
- Iress monthly fee (waivable)
ASIC-regulated beginners, copy traders & options enthusiasts.
Founded in 2006 and headquartered in Dublin, Ireland, AvaTrade is a highly rated broker offering 55+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- One of the most regulated brokers globally (9 licenses)
- Commission-free trading model
- Fixed spreads - predictable costs
- Unique AvaProtect risk management tool
Cons
- Fixed spreads are wider than ECN/Raw spread brokers
- Higher inactivity fee ($50/quarter after 3 months)
- No ECN or raw spread account option
- Cryptocurrency spreads can be high
ASIC-regulated raw spread traders & australian forex enthusiasts.
Founded in 2009 and headquartered in Sydney, Australia, Vantage is a highly rated broker offering 44+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Strong ASIC & FCA regulation
- Competitive Raw ECN pricing
- Excellent social trading options
- Free VPS for active traders
Cons
- High minimum deposit for Pro account
- Limited crypto selection
ASIC-regulated educational learners & metatrader power users.
Founded in 2001 and headquartered in Tallinn, Estonia, Admiral Markets is a highly rated broker offering 50+ forex pairs. They are regulated by ASIC providing strong client safety.
ASIC-regulated crypto cfd traders & tradingview users.
Founded in 2009 and headquartered in Melbourne, Australia, Eightcap is a highly rated broker offering 45+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Best in class for Crypto CFDs
- Great automation tools
- TradingView direct integration
Cons
- Educational content is thin
- Stock selection limited compared to big players
ASIC-regulated simple cfd trading, beginners & mobile traders.
Founded in 2008 and headquartered in Haifa, Israel, Plus500 is a highly rated broker offering 60+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- FTSE 250 listed - maximum transparency
- Regulated by 10+ global authorities
- User-friendly platform for beginners
- Free guaranteed stop orders
Cons
- $10/month inactivity fee after 3 months
- No MT4/MT5 or third-party platforms
- Limited research and analysis tools
- No automated trading support
ASIC-regulated algorithmic traders & historical data enthusiasts.
Founded in 1999 and headquartered in London, UK, FXCM is a highly rated broker offering 40+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Highly regulated (FCA, ASIC)
- Excellent proprietary platform
- Great educational resources
Cons
- Smaller product range than some competitors
- Inactivity fees apply
ASIC-regulated mobile-first traders & those seeking a proprietary app.
Founded in 2010 and headquartered in Melbourne, Australia, ThinkMarkets is a highly rated broker offering 40+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Award-winning ThinkTrader mobile app
- Strong multi-regulatory oversight (8 regulators)
- $1M insurance protection beyond standard coverage
- Raw spreads from 0.0 pips on ThinkZero
Cons
- Standard account spreads average compared to competitors
- ThinkZero requires $500 minimum deposit
- Not publicly traded
- Limited cryptocurrency leverage (2:1 in regulated regions)
ASIC-regulated scalpers, copy traders & australian ecn clients.
Founded in 2007 and headquartered in Sydney, Australia, Axi is a highly rated broker offering 70+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- No minimum deposit on Standard and Pro accounts
- Strong ASIC and FCA regulation
- Competitive raw spreads from 0.0 pips
- Axi Select capital allocation program
Cons
- Inactivity fee after 12 months ($10/month)
- Elite account requires $25,000 minimum
- Limited stock CFD selection compared to competitors
- No ETFs available
ASIC-regulated beginners, bonus hunters & high-leverage traders.
Founded in 2009 and headquartered in Belize, FBS is a highly rated broker offering 40+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Huge leverage options
- Cent accounts for beginners ($1 deposit)
- Global presence
- Extremely fast withdrawals
Cons
- High spreads on lower tier accounts
- Withdrawal fees on some methods
ASIC-regulated beginners seeking fixed spreads & uk spread bettors.
Founded in 2014 and headquartered in London, UK, Trade Nation is a highly rated broker offering 30+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- Transparency
- Tight fixed spreads (0.6)
- Excellent customer vibe
Cons
- No MT5
- Limited advanced tools
ASIC-regulated australian ecn traders & growing brand seekers.
Founded in 2020 and headquartered in Melbourne, Australia, Moneta Markets is a highly rated broker offering 45+ forex pairs. They are regulated by ASIC providing strong client safety.
Pros
- New FCA license adds trust
- Excellent mobile app
- Low commissions on ECN
Cons
- Newer brand
- Offshore entity for high leverage
Frequently Asked Questions
Top ASIC Regulated Forex Brokers
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January 2026