Best Forex Brokers in Australia (2025): Top Brokers for Aussie Traders

Forex trading in Australia is one of the most popular investment activities, thanks to its accessibility, high liquidity, and strong regulatory environment. However, with so many brokers to choose from, finding the right platform can be overwhelming. In this comprehensive guide, we review the best forex brokers for Australian traders, covering everything from ASIC regulation to AUD accounts, low fees, and advanced trading tools.

How We Selected These Brokers

To ensure we recommend only the best brokers for Australian traders, we evaluated platforms based on the following criteria:

✅ ASIC Regulation: Brokers must be licensed by the Australian Securities and Investments Commission (ASIC), one of the most respected regulators globally.
✅ AUD Accounts: Brokers should offer AUD-denominated accounts with local deposit and withdrawal options like POLi, BPAY, and bank transfers.
✅ Low Fees: We prioritized brokers with tight spreads, low commissions, and no hidden fees.
✅ Trading Platforms: Brokers must offer reliable platforms like MetaTrader 4/5, cTrader, Tradingview or proprietary platforms with advanced tools.
✅ Customer Support: Fast, responsive, and local support is essential for Australian traders.
✅ Educational Resources: Brokers with webinars, tutorials, and demo accounts scored higher.

Find the Perfect Broker

1

$50
Minimum Deposit
Leverage: Up to 1:1000 | Spreads: Very Low | CySEC, FSC, FSCA, FCA (Parent).

 

4.8

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

2

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Low | ASIC, FSCA, CySEC, FSA.

 

4.8

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Forex trading carries a high level of risk and may not be suitable for all investors. You can lose more than your initial investment, so ensure you fully understand the risks and trade responsibly.

3

$5
Minimum Deposit
Leverage: Up to 1:2000 | Spreads: Low | FSCA , CySEC, DFSA, FSA, FCA, and CMA

 

4.8

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Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice

4

$10
Minimum Deposit
Leverage: Up to 1:3000 | Spreads: Low | FSA, CySEC, FSCA, FSC

 

4.8

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The vast majority of retail investors face losses 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 deposit.

5

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Very Low | ASIC, SCB, FCA

 

4.8

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.96% 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.

6

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Low | FCA, ASIC, FSCA, DFSA, FSA.

 

4.8

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Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.

7

$100
Minimum Deposit
Leverage: Up to 1:400 | Spreads: Low | ASIC, FCA, CySEC, DFSA

 

4.8

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89% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

8

$100
Minimum Deposit
Leverage: Up to 1:1000 | Spreads: Low | FCA, CySEC, FSA, FSCA

 

4.5

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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

9

$10
Minimum Deposit
Leverage: Up to 1:2000 | Spreads: Low | Regulations: IFSC.

 

3.8

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How to Choose a Forex Broker in Australia 

1. Check ASIC Regulation: Always verify the broker’s ASIC license to ensure your funds are safe.
2. Compare Fees: Look for brokers with low spreads, commissions, and no hidden charges.
3. Test the Platform: Use demo accounts to evaluate the platform’s usability and tools.
4. Evaluate Support: Choose brokers with local phone support and fast response times.
5. Read Reviews: Check independent reviews on Trustpilot and Forex Peace Army.

Forex Trading Tips for Aussie Traders 

1. Start Small: Begin with a demo account to practice before trading with real money.
2. Stay Informed: Follow global economic news and events that impact currency markets.
3. Use Risk Management: Set stop-loss and take-profit levels to protect your capital.
4. Diversify: Trade multiple currency pairs to spread risk.
5. Avoid Overtrading: Stick to your trading plan and avoid emotional decisions.