Similar to its European counterparts, Australian forex brokers have seen regulations tightened as of late. This has resulted in restrictions on leverage, mandatory protection against negative balances, and bans on various bonuses and promotions, bringing trading conditions in Australia in line with those common in Europe.
The tightening of regulations that occurred in 2021 came after Australia for years has been a popular jurisdiction for both forex brokers and traders from around the world thanks to the much higher leverage that was available there. And although Australian forex brokers still accept traders from around the world, there are now fewer reasons for these foreign traders to choose an Australian broker regulated by the financial regulator ASIC.
FxOpen (2005)
Leverage: up to 1:500 *
Deposit: from 1 USD
Spreads:
CityIndex (1983)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
eToro (2006)
Leverage: up to 1:400 *
Deposit: from 200 USD
Spreads:
IC Markets (2007)
Leverage: up to 1:500 *
Deposit: from 200 USD
Spreads:
GO Markets (2006)
Leverage: up to 1:500 *
Deposit: from 200 AUD
Spreads:
IG Markets (1974)
Leverage: up to 1:200 *
Deposit: from 300 USD
Spreads:
Oanda (2001)
Leverage: up to 1:50 *
Deposit: from 20 USD
Spreads:
FBS (2009)
Leverage: up to 1:3000 *
Deposit: from 5 USD
Spreads:
AvaTrade (2007)
Leverage: up to 1:400 *
Deposit: from 100 USD
Spreads:
Admiral Markets (2001)
Leverage: up to 1:1000 *
Deposit: from 200 USD
Spreads:
XM Group (2009)
Leverage: up to 1:1000 *
Deposit: from 5 USD
Spreads:
Global Prime (2010)
Leverage: up to 1:100
Deposit: from 200 AUD
Spreads:
FXCM (1999)
Leverage: up to 1:400 *
Deposit: from 50 USD
Spreads:
FP Markets (2005)
Leverage: up to 1:500 *
Deposit: from 100 AUD
Spreads:
Axi (2007)
Leverage: up to 1:500 *
Deposit: from 1 USD
Spreads:
CoreSpreads (2014)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
CMC Markets (1989)
Leverage: up to 1:500 *
Deposit: from 200 USD
Spreads:
Aetos (2007)
Leverage: up to 1:30
Deposit: from 250 USD
Spreads:
Plus500 (2008)
Leverage: up to 1:300
Deposit: from 100 USD
Spreads:
HighLow (2010)
Leverage: up to ---
Deposit: from 50 USD
Spreads:
EightCap (2009)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
BCR (2008)
Leverage: up to 1:400
Deposit: from 300 USD
Spreads:
INGOT Brokers (2006)
Leverage: up to 1:3000
Deposit: from 10 USD
Spreads:
Saxo Bank (1992)
Leverage: up to 1:30
Deposit: from 2000 USD
Spreads:
Pepperstone (2010)
Leverage: up to 1:200
Deposit: from 200 AUD
Spreads:
Markets.com (2008)
Leverage: up to 1:300 *
Deposit: from 100 USD
Spreads:
Think Markets (2010)
Leverage: up to 1:500 *
Deposit: from 5 USD
Spreads:
MultiBank Group (2005)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
VantageFX (2009)
Leverage: up to 1:500
Deposit: from 200 USD
Spreads:
HFTrading (2018)
Leverage: up to 1:30
Deposit: from 250 USD
Spreads:
IronFX (2010)
Leverage: up to 1:2000
Deposit: from 100 USD
Spreads:
xChief (2014)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
Interactive Brokers (1978)
Leverage: up to 1:50 *
Deposit: from 20 USD
Spreads:
TMGM (2013)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Trade Nation (2019)
Leverage: up to 1:200
Deposit: from 10 USD
Spreads:
VT Markets (2016)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
ACY Securities (2013)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
One Royal (2006)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
VPFX (2020)
Leverage: up to 1:1000
Deposit: from 100 USD
Spreads:
Switch Markets (2019)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
SAM Trade (2015)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
Fusion Markets (2010)
Leverage: up to 1:500
Deposit: from 20 AUD
Spreads:
Mitrade (2011)
Leverage: up to 1:200
Deposit: from 10 USD
Spreads:
Blueberry Markets (2016)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
FXTrading.com (2014)
Leverage: up to 1:500
Deposit: From 50 USD
Spreads:
XS (2010)
Leverage: up to 1:2000
Deposit: from 1 USD
Spreads:
DBG Markets (2007)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
ETO Markets (2013)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
DNA Markets (2019)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
Quadcode Markets (2021)
Leverage: up to 1:200 *
Deposit: from 50 USD
Spreads:
EBC Financial Group (2022)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Fortrade (2014)
Leverage: up to 1:200 *
Deposit: from 100 USD
Spreads:
IUX (2016)
Leverage: up to 1:3000
Deposit: from 10 USD
Spreads:
Baxter-FX (2012)
Leverage: up to 1:30
Deposit: from 50000 USD
Spreads:
LiquidBrokers (2023)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
Garnet Trade (2010)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Zero Markets (2017)
Leverage: up to 1:500
Deposit: from 100 AUD
Spreads:
GTCFX (2012)
Leverage: up to 1:2000
Deposit: from 10 USD
Spreads:
BeeMarkets (2017)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
MH Markets (2014)
Leverage: up to 1:2000
Deposit: from 50 USD
Spreads:
Neex (2000)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads: