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Top 10 Forex Brokers in Australia

Find the best Forex Broker for you & Start trading instantly Now !

# Broker What we liked Min Deposit

The minimum amount you need to deposit in order to start trading.

Spread From

Spreads are representative of a EUR/USD trade and are represented in PIPs. 1 PIP is equal to 1/100th of 1% (0.0001).

Max Leverage

Leverage refers to the ratio of securities you can buy for a given payment. The higher the leverage ratio, the higher your buying power (and the higher the risk). For example, a leverage ratio of 500:1 means you can purchase 500 securities, but only pay the equivalent of 1 security valuation. The leverage ratio offered can vary depending on the experience level of the trader.

Regulation

We only list licensed brokers that comply with the requirements of prominent regulatory agencies.

Our Score Start Trading
1
  • Great customer support
  • PayPal accepted
  • Innovative technology
$200
0.0 PIPs
30:1
FCA (UK), DFSA, ASIC, CMA, CYSEC, SCB
9.5 Good
Special Features

Autochartist
Smart Trader Tools
Economic Calendar

Platforms & Devices

MetaTrader 4
MetaTrader 5
cTrader

DupliTrade
WebTrader
Social Trading

900 reviews on
2
  • Great customer support
  • PayPal accepted
  • Innovative technology
$100
0.0 PIPs
30:1
FCA (UK), DFSA, ASIC, CMA, CYSEC, SCB, BaFIN
2.0 Excellent
Special Features

Autochartist
Smart Trader Tools
Economic Calendar

Platforms & Devices

MetaTrader 4
MetaTrader 5
cTrader

DupliTrade
WebTrader
Social Trading

3
  • Great customer support
  • PayPal accepted
  • Innovative technology
$300
1.0 PIPs
40:1
FCA (UK), DFSA, ASIC, CMA, CYSEC, SCB, BaFIN
9.5
Special Features

Autochartist
Smart Trader Tools 
Economic Calendar

Platforms & Devices

MetaTrader 4
MetaTrader 5
cTrader

DupliTrade
WebTrader
Social Trading

Top Brokers

“Counting from my first week of investment till date, I’ve got nothing but positive results. No hidden fees attached to it and your payouts are convenient. This is best trading platform I’ve come across with.”

  • Segregated accounts
  • Great customer support
  • FCA regulated
  • 4.3/5 rating on trustpilot on 858 reviews
  • No bonuses
  • Demo account available for only 30 days

“Counting from my first week of investment till date, I’ve got nothing but positive results. No hidden fees attached to it and your payouts are convenient. This is best trading platform I’ve come across with.”

  • Segregated Accounts
  • Demo Account + Live Account
  • 64+ Forex Pairs, Index CFDs, Commoditie
  • Limited to Regulated Jurisdictions
  • No Welcome Bonuses Available to New Traders

How to Compare This

Spreads & fees

Spreads and fees are what you pay to the broker in order to trade. Fees can be an amount you pay per trade, while spreads work more like a commission; a percentage of your trade. Spreads are measured in pips (percentage in point) and mean hundredths of a percentage (0.0001 = 1 pip). You want to choose a broker that offers as tight spreads as possible. If you are a more experienced trader and trade in higher amounts, it can be a good idea to check that the broker can charge a fixed fee instead of spreads. If trading in smaller amounts is more your thing, then just a tight spread will benefit you the most.

Support

Consider how important it is for you to be able to reach your broker at all times. Many brokers are available 24/5, or when the forex market is open (10 PM GMT+1 on Sunday to 9 PM GMT+1 on Friday), but some are easier to reach than others. The type of services also varies.

Technical Support

Consider how important it is for you to be able to reach your broker at all times. Many brokers are available 24/5, or when the forex market is open (10 PM GMT+1 on Sunday to 9 PM GMT+1 on Friday), but some are easier to reach than others. The type of services also varies.

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