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Australian Forex Brokers

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We have reviewed numerous forex brokers in Australia, there are the top 6 brokers which have met our quality guidelines and accept residents of Australia. We recommend the following:


XM

XM was founded in 2009. Within the period that has passed, they have managed to become one of the most instantly recognizable names in forex trading and they are also our top ranked global forex brokerage. This is not only due to their excellent regulatory compliance worldwide, they are regulated by both CySEC, and ASIC, as well as two other top-tier regulators, but also the fact they are regulated in Australia.

Trading Point of Financial Instruments Pty Ltd is authorised and regulated by the Australian Securities and Investment Commission (License# 443670).

The broker caters for the needs of the forex market in more than 196 countries. This makes them one of the most available brokers in the industry to all levels of trader. Couple this with an exceptional education section, and a great variety of assets to trade in, and you have a winning combination with XM.

Read Our Detailed XM Review

Visit XM

Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.


Vantage FX

Vantage FX – This is a well-trusted ASIC regulated broker that offers an excellent all-around service to Australian traders. They work hard to provide and maintain a very safe trading environment, and provide a good level of accessibility to traders at all levels with their competitive fees and minimum deposit requirements.

This reputable broker offers both of the leading trading platforms MT4 and MT5. This means you can have access to the webtrader, desktop, or mobile variations of these trading platforms through this broker. Both platforms are award-winning for the functionality they provide, including a technical depth and prowess that makes them suitable for new and experienced traders alike.

You will have access to dozens of charting tools and indicators across all variations of the platform that prioritizes the ability to customize your trading experience. On mobile, the platforms are equally as powerful with access to the same detailed functions in an easy-to-use app.

Vantage Global Prime Pty Ltd trading under Vantage FX, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901 and is located at level 29, 31 Market St, Sydney, New South Wales, 2000, Australia.

Read our Vantage FX Review or visit Vantage FX

Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


Admiral Markets

Initially launching in 2001, Admiral Markets has a registered office in Australia and has become a globally recognized brand in the CFD and forex trading sector.

The broker takes pride in the fact they are regulated by multiple respected bodies around the world and provide traders with a comprehensive trading experience no matter what type of assets they are looking to trade. All of this with the backing of some of the best trading platforms in the business.

Far from resting easy on their success, Admiral Markets continues to find new and innovative ways to develop advanced tools and offerings for the new and sophisticated trader.

Admiral Markets Pty Ltd Registered Office: 1/17 Castlereagh Street Sydney NSW 2000. Admiral Markets Pty Ltd (ABN 63 151 613 839) holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no. 410681.

Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


AvaTrade

AvaTrade is our first recommendation for Australian residents, the reason for this is Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities & Investments Commission (License# 406684). The ASIC is Australia’s corporate, markets and financial services regulator and is responsible for ensuring its financial markets are fair and transparent. Australian license and regulation applies to Australian residents only.

While they were founded in 2006 in Ireland, they have since grown to become one of the top forex brokers in the sector and they have since added an office in Australia:

AvaTrade Capital Markets Australia Pty Ltd.
Level 13
2 park street
Sydney NSW 2000
Australia

A low minimum deposit requirement of just $100 across most of the available account types, coupled with respected regulation from a number of bodies worldwide, make AvaTrade a popular choice for new and experienced Australian traders.

The broker offers an extensive range of assets to trade in which includes more than 60 currency pairs, and other markets for trading stocks, ETFs, crypto, and more. AvaTrade users can also avail of a very strong range of educational content with insightful material to fit all level of traders.

Read our Detailed AvaTrade Review

Visit AvaTrade

Warning: Trading Forex/CFD & Options on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite.


FXTM

FXTM was founded in 2011 in Europe. They are currently headquartered in Cyprus but offer services in forex trading and many other assets to traders around the world including all parts of Australia. They have fast become one of the top forex brokers in the entire sector.

The FXTM minimum deposit starts from just $10 depending on your account type. This means trading is high accessible through FXTM for all level of trader. Added to this, they are an extremely well-regulated broker with the support of multiple respected bodies including CySEC in Europe, and the FCA in the UK.

This trusted regulation, a competitive range of trading costs, and the availability of more than 250 assets to trade, continue to make FXTM a popular choice for Aussies.

Read our Detailed FXTM Review

Visit FXTM

Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.


What is ASIC?

This stands for: Australian Securities and Investments Commission.

This is an independent Australian government body that acts as Australia’s corporate regulator. ASIC’s role is to enforce and regulate company and financial services laws to protect Australian consumers, and investors.

ASIC was established on July 1st, 1998 and this followed recommendations from the Wallis Inquiry. ASIC’s authority and scope is determined by the Australian Securities and Investments Commission Act, 2001 (Cth)

Do these brokers accept clients from all states?

While we feature many forex brokers on this website, only the brokers featured on this page currently accept clients from Australia. There are no regional restrictions in place for individual Australian states or territories. (New South Wales, Queensland, South Australia, Tasmania, Victoria, Western Australia; and three internal territories: the Australian Capital Territory (ACT), Northern Territory, and Jervis Bay Territory.)

Can I contact customer support?

We recommend forex broker in Australia that offer 24/7 support to all of Australia. In most cases you may phone, email, or use live chat.

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Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

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