Best Forex Brokers in Australia (ASIC Regulated)
Australia is home to some of the world's best ECN brokers. We've ranked the top ASIC-regulated platforms based on their raw spread offerings, execution speed, and local funding methods.
IG
Why they rank #1
IG is the gold standard of CFD and forex brokers. If safety of funds, instrument variety, and high-quality research are your top priorities, IG is unmatched.
IC Markets
Why they rank #2
IC Markets is the undisputed champion of raw execution quality. It is the default choice for professional retail traders, scalpers, and algorithmic traders who prioritize speed, cost-efficiency, and transparency above all else.
Forex.com
Why they rank #3
Forex.com is a formidable choice for serious traders, especially in the US. With institutional backing, tier-1 regulation worldwide, and versatile platforms, it is built for volume and reliability.
OANDA
Why they rank #4
OANDA is a top-tier choice for US forex traders and those who value regulatory security and powerful analytical tools. Their API and TradingView integration are highly regarded by tech-savvy traders.
Pepperstone
Why they rank #5
Pepperstone's unique edge is platform diversity. It is the absolute best broker for traders who rely on TradingView for technical analysis but want ECN-style execution and Tier-1 regulatory protection.
AvaTrade
Why they rank #6
AvaTrade is built for safety and versatility. With its massive regulatory backing, beginner-friendly apps, and unique features like AvaProtect and Options trading, it is a highly secure place to trade.
eToro
Why they rank #7
eToro is perfect for beginners, crypto enthusiasts, and anyone who wants to passively invest by copying profitable traders. Hardcore forex scalpers and technical analysts, however, should look elsewhere.
FP Markets
Why they rank #8
FP Markets is a serious competitor to IC Markets and Pepperstone. It offers equally tight spreads, a fantastic platform selection, and stands out for its extensive direct equity CFD offerings via Iress.
XM Group
Why they rank #9
XM Group is the undisputed leader in education and beginner accessibility. While experienced scalpers will find cheaper spreads elsewhere, there is no better broker on the planet for learning the ropes of forex trading.
Vantage
Why they rank #10
Vantage provides a high-quality trading environment that balances raw performance with modern conveniences like a great mobile app and TradingView integration.
How We Ranked This List
Every broker on this page was evaluated using our TrustMetrics™ 100-point scoring system. We analyze five critical areas: regulation quality (30 points), trading costs (25 points), platform and execution quality (20 points), deposit and withdrawal reliability (15 points), and customer support (10 points). Rankings are then adjusted based on specific category criteria.
For this particular category, we prioritized brokers with verified local regulatory licenses — because trading with a locally regulated broker provides the strongest legal protections for your funds.
Compare the Top Picks Side-by-Side
Still deciding? Compare any two brokers from this list head-to-head with our detailed comparison tool.
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Frequently Asked Questions
Which is the best broker in australia (asic regulated)?
Based on our 2026 data analysis, IG is the top-ranked broker for this category, featuring a trust score of 99/100 and extremely competitive trading conditions.
Are these brokers regulated and safe?
Yes, we prioritize brokers that hold top-tier regulatory licenses. For example, our top pick IG is regulated by FCA, ASIC, CFTC, MAS.
How did you rank these brokers?
We compared all brokers against our proprietary TrustMetrics™ system, analyzing over 50 data points including real-time spreads, execution speed, minimum deposits, and regulatory compliance to find the absolute best options.