IronFX
★★★★★
4.6/5
🇦🇺 Forex brokers in Australia
Best Forex Brokers in Australia
We ranked every broker in our panel by editor score and highlighted those with local Australia regulation. Always confirm availability and terms with each broker before opening an account.
Australia regulatory landscape
Of the brokers we compare, 13 hold a ASIC licence or equivalent — these appear first because local regulation gives retail clients stronger protection.
Australia's ASIC is a Tier-1 regulator that enforces segregated client funds, regular audit reporting and a retail leverage cap of 1:30 for major pairs. Australian resident clients of ASIC-licensed brokers benefit from strong conduct rules.
How to choose a forex broker in Australia
Five checks every Australia trader should run before funding an account.
- Look for an Australian Financial Services Licence (AFSL) number on the broker's site.
- Retail leverage is capped at 1:30 for majors under ASIC product intervention.
- Check the broker operates an Australian entity, not only an offshore arm.
Best forex brokers for Australia — full ranking
29 brokers compared. Those with a Australia or equivalent licence are marked and listed first.
IC Markets
★★★★☆
4.5/5
easyMarkets
★★★★☆
4.4/5
FP Markets
★★★★☆
4.3/5
XM
★★★★☆
4.2/5
FXOpen
★★★★☆
4.2/5
eToro
★★★★☆
4.2/5
Pepperstone
★★★★☆
4.1/5
Capital
★★★★☆
4.1/5
ThinkMarkets
★★★★☆
4.1/5
AVATRADE
★★★★☆
4.0/5
EightCap
★★★★☆
4.0/5
Plus500
★★★☆☆
3.4/5
EXNESS
★★★★★
4.9/5
FXTM
★★★★★
4.9/5
RoboForex
★★★★★
4.7/5
NordFX
★★★★★
4.6/5
TICKMILL
★★★★☆
4.3/5
LiteFinance
★★★★☆
4.3/5
OCTAFX
★★★★☆
4.2/5
FxPro
★★★★☆
4.0/5
Forex4you
★★★★☆
3.7/5
BlackBullMarkets
★★★☆☆
3.4/5
HFM
★★★☆☆
3.1/5
AAAFX
★★★☆☆
3.1/5
Markets.com
★★★☆☆
3.1/5
Markets4you
★★★☆☆
3.1/5
InstaForex
★★★☆☆
2.9/5
ZuluTrade
★★★☆☆
2.8/5
Frequently asked questions
Is ASIC regulation strong?
Yes. ASIC requires segregated client funds, audited financials and enforces a 1:30 retail leverage cap, placing it among the world's most respected regulators.
Can I trade with higher leverage?
Only by qualifying as a wholesale/professional client under ASIC's criteria; retail clients are limited to 1:30 on majors.
Ready to compare?
Use our side-by-side tool and calculators to size positions and compare all-in costs before you commit.
Risk disclosure
Forex and CFD trading carries a high risk of losing money and is not suitable for everyone. Broker availability, regulation and protection schemes vary by country and can change. Confirm the broker accepts clients from your country and read its legal documentation before opening an account. This page is informational only and not investment advice.