5 Best Australia Forex Brokers (October 2025)

In Australia, Forex trading is regulated by the Australian Securities and Investments Commission (ASIC), which enforces some of the world’s strictest standards for retail investor protection. Before choosing a broker, always check that it holds an active Australian Financial Services Licence (AFSL) issued by ASIC.

Considerations Before Trading in Australia

Regulation & Security: Confirm the broker’s AFSL, check how client funds are safeguarded (segregated accounts), and ensure data is protected by SSL encryption.

Trading Platforms & Tools: Look for robust platforms with real-time quotes, advanced charting, risk management tools, mobile apps, and the option for automation or copy trading.

Spreads, Fees & Account Types: Compare raw vs. standard spreads, commissions, overnight swap rates, minimum deposits, leverage (up to 1:30 for retail), and any inactivity or withdrawal charges.

Warning: Forex trading carries significant risk. Never trade with money you cannot afford to lose.

1. IG

IG is one of Australia’s most established Forex brokers, fully licensed by ASIC under IG Markets Limited. It offers 17,000+ global instruments and a premium research and education suite.

• ASIC Licence: AFSL No. 220440.
• Wide Market Access: Forex, shares, indices, commodities, crypto CFDs.
• Research & Tools: Economic calendar, webinars, sentiment data, MT4 support.

IG Markets Limited is one of Australia’s oldest and most respected brokers, regulated by ASIC (AFSL No. 220440).  IG gives traders access to more than 17,000 global markets, including major and minor Forex pairs, indices, stocks, commodities, and crypto CFDs.  It is known for its award-winning research and trading tools, offering interactive charts, real-time news, and in-depth sentiment data.

Australian clients benefit from the robust IG Trading platform plus MetaTrader 4 support for algorithmic strategies.  IG’s guaranteed stop-loss orders provide extra peace of mind when managing volatile positions.  On top of this, the broker’s extensive educational hub includes live webinars, trading guides, and strategy sessions for both new and advanced traders.

Warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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2. Pepperstone

Pepperstone Group Limited is based in Melbourne and holds an ASIC licence. It’s widely respected for its raw spreads, fast execution, and multi-platform support.

• ASIC Licence: AFSL No. 414530.
• Ultra-Low Spreads: From 0.0 pips on Razor accounts.
• Platform Options: MT4, MT5, cTrader, TradingView.
• Automation: Expert Advisors (EAs), social trading via Myfxbook & ZuluTrade.

Melbourne-based Pepperstone Group Limited (AFSL No. 414530) is a favourite for Australian Forex traders seeking raw spreads and high-speed execution.  Razor accounts offer institutional-grade pricing with spreads from 0.0 pips plus competitive commissions.

Pepperstone supports multiple platforms, including MT4, MT5, cTrader, and TradingView, giving traders flexibility for both discretionary and automated trading.  Scalpers and algorithmic traders appreciate Pepperstone’s fast order fills and free VPS hosting.  For those who prefer copy trading, the broker integrates well with Myfxbook and ZuluTrade.  Local Australian customer support and strong trader education further cement its reputation for service and reliability.

Visit Pepperstone →

3. Fusion Markets

Fusion Markets is an Australian-owned broker with an AFSL and some of the lowest commissions in the industry. It’s known for transparency and value.

• ASIC Licence: AFSL No. 226199 under Gleneagle Asset Management.
• Raw Spreads: From 0.0 pips with ultra-low commissions.
• Platforms: MT4, MT5, cTrader available.
• Low Cost: Great for cost-conscious traders.

Fusion Markets is an Australian-owned broker operating under Gleneagle Asset Management Limited (AFSL No. 226199).  It is known for offering some of the lowest-cost trading conditions in the country.

With raw spreads from 0.0 pips and ultra-low commissions (often half the industry average), Fusion Markets is a go-to for cost-conscious traders.  The broker provides full support for MT4, MT5, and cTrader platforms, plus smart funding options and quick withdrawals. Fusion Markets appeals to both new traders and advanced users with clear, honest pricing, no hidden fees, and a straightforward sign-up process.  Local customer support adds a layer of trust for Australian clients.

Visit Fusion Markets →

4. Vantage FX

Vantage FX, known simply as Vantage, is an ASIC-regulated broker with a strong presence in Australia. It offers institutional-grade liquidity and robust platform support.

• ASIC Licence: AFSL No. 428901 under Vantage Global Prime Pty Ltd.
• Raw ECN Spreads: Tight spreads from 0.0 pips.
• Platforms: MT4, MT5, ProTrader (powered by TradingView).
• Copy Trading: Social trading integration for easy strategy following.

Vantage FX (AFSL No. 428901) is another trusted ASIC-regulated broker that combines institutional-grade conditions with an intuitive trading experience.  The broker provides raw ECN spreads from 0.0 pips, direct Tier-1 liquidity, and multiple execution platforms — MT4, MT5, and the Vantage ProTrader powered by TradingView.  Traders can also tap into integrated copy trading solutions to follow high-performing strategies.

Vantage FX’s strength lies in its educational suite, offering free webinars, video tutorials, and market insights.  Dedicated account managers, local Australian support, and flexible funding options make Vantage FX an appealing choice for traders who want advanced tools with top-tier regulatory protection.

Visit Vantage FX →

Summary

These five brokers represent the top ASIC-licensed choices for Forex traders in Australia. Each combines strong regulation with competitive spreads, solid platforms, and local support. Always perform your own due diligence on fees, leverage, and risk tools before funding an account.