- Country: Austalia 🇦🇺
- Population: 24,630,100 (estimation 2017)
- GDP Total: $1.189 trillion (estimation 2016)
- GDP Per capita: $48,806
- Currency: Australian Dollar (CAD)
- Central Bank: Reserve Bank of Australia (RBA)
- Central Regulatory Authority: ASIC
A Financial Broker in order to offer legally its services to Australian Clients should hold a license for ASIC ( The Australian Securities and Investments Commission).
- Australian Forex Brokers and Australian CFD Brokers should hold an AFSL License.
- The type of Licenses that ASIC is offering is an Australian financial services licence (AFSL).
- ASIC is a strict Regulation Body and Brokers that hold AFSL Licenses follow high standards.
- Australian Forex Brokers offer high leverage to many instruments (Forex, and CFD mostly).
🇦🇺 Australian Forex Brokers List (and CFD Brokers) 🇦🇺
🥇 eToro – The Leading Social Trading Platform
EToro Review
- Regulated broker (CySec, FCA, ASIC)
- Best broker for Social trading
- USA friendly only for Cryptocurrency Trading
- 50+ forex pairs, 950+ CFD Stocks
- EU, UK and Australian Traders Accepted
eToro one of the best worldwide companies offering trading and investing Services.
The company is famous because of its social trading pltaform, where traders can follow, exchange ideas, communicate and copy other traders.
eToro was the first broker that ‘moved’ to social and copy trading, beeing a pioneer to that market.
Today, even newbie traders can easily start their trading experience though e Toro Demo Account.
Disclaimer: “eToro AUS Capital Ltd ACN 612 791 803 AFSL 491139. OTC Derivatives are speculative and leveraged. Capital is at risk”. Check eToro Terms and Conditions
➡️ Visit eToro
🥈 Plus500 – A famous CFD Trading Service
Plus500 Trusted Review
- A popular CFD Broker in Europe, UK and Australia
- 2100+ popular CFD instruments
- Mobile, web or tablet trading
- Paypal Deposits & Withdrawls
- State of the Art Reliable Company
Plus500 is a very known CFD Trading Broker, attracting thousands of traders every year.
What is great with Plus500 is the variety of the trading instruments that offers for trading, especially CFD stocks.
CFD Stocks Traders can choose apart of US Stocks (Google, Facebook, Amazon etc), stocks for many countries around the world such as France, Germany, UK etc
Australian Stocks are also available for trading, such as CSL, NAB (National Australian Bank).
➡️ Visit Plus500 AU
🥉 AvaTrade (MT4 – MT5 Trading)
AvaTrade Review (Update 2021)
- trade Crypocurrencies 24/7
- Fully regulated broker
- MT4, MT5 Trading Platform
- Social Trading via AvaSocial app
- No Fees in Deposits and Withdrawals
- Global customer support in 15 languages
AvaTrade is one of the most Reliable Forex and CFD Trading Broker.
Website: www.avatrade.com.au
Avatrade is fully complaint with Australia Laws, as it holds an ASIC License (No.406684).
In AvaTrade you can benefit by trading in the MetaTrader 4 Platform – The world’s most popular trading platform, with thousands of charts and friendly to expert advisors.
MetaTrader 5 is also available!
Leverage in AvaTrade Australia:
- AUD/USD Forex Pair: Up to 1:20 leverage
- Stocks Trading: Up to 1:5 leverage
- Commodities Trading: Up to 1:10 leverage
- CryptoTrading*: Up to 1:2 leverage
Trade Cryptocurrencies in Avatrade 24/7
➡️ Visit Avatrade AU
4. IC Markets – ASIC Regulated – MT4 & MT5 Trading
IC Markets Review (Update 2021)
- ASIC and CySec Regulated Broker
- Trusted ECN Forex Broker
- Mt4 & MT5 Trading Platform
In Position number 4, we find IC Markets.
IC Markets has grown to become one of the largest MT4 Forex & CFD provider for Australians.
IC Markets AU holds an ASIC Licence (AFSL No. 335692) and is authorised to offer forex and CFD Trading services to Australian residents.
IC Markets is a true ECN Forex Broker, offering low spreads to Australian Traders.
As Avatrade, IC Markets offers the famous MetaTrader 4 Platform (and the MetaTrader 5), which allows the use of expert advisors for automated trading.
Australians can trade legally in IC Markets using high leverage.
- Forex: Up to 1:500 leverage, over 65 currency pairs including AUD/USD
- Crypto CFD: Up to 1:5 Leverage, trade the market 7 days a week
- Commodities CFD: Up to 1:500 leverage, over 19 Commodities to trade
- Bonds CFD: Trade the world’s most popular and liquid fixed income securities from the United States, the UK, Europe and Japan on MetaTrader 4 and 5. Up to 1:200 leverage
*Stocks are traded only in MT5 Platform