CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

ASIC-Regulated Forex Brokers

Brokers in our database with an entity licensed by the ASIC, with licence numbers and our verification status.

These brokers have a legal entity licensed by the ASIC. A licence in the group only protects you if that entity is the one you open your account with, which is normally the case for residents of Australia.

What to check before choosing

Open the broker’s review and find the ASIC row in the entity table. Look the licence number up on the official register and make sure the legal name and website match. If you live elsewhere, change the country at the top of the page to see which entity would serve you instead.

How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Trust Score. Measured trading cost is not part of the ranking yet. Methodology.

BrokerTrust ScoreYour entity & regulatorMin. depositPlatforms
1 CMC Markets Since 1989 · LSE: CMCX 91/99 FCA #173730 CMC Markets UK plc $0 Own platform, MetaTrader 4, TradingView Review Visit CMC MarketsOfficial site · we earn no commission here
2 Interactive Brokers Since 1978 · NASDAQ: IBKR 91/99 CFTC/NFA #0258600 Interactive Brokers LLC $0 Own platform, TradingView Review Visit Interactive BrokersOfficial site · we earn no commission here
3 City Index Since 1983 · NASDAQ: SNEX (parent) 89/99 FCA #446717 StoneX Financial Ltd — Own platform, MetaTrader 4, TradingView Review Visit City IndexOfficial site · we earn no commission here
4 FOREX.com Since 2001 · NASDAQ: SNEX (parent) 62/99 CIMA #25033 GAIN Global Markets Inc. $100 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit FOREX.comOfficial site · we earn no commission here
5 Plus500 Since 2008 · LSE: PLUS 62/99 FSA Seychelles #SD039 Plus500SEY Ltd $100 Own platform Review Visit Plus500Official site · we earn no commission here
6 IG Since 1974 · LSE: IGG 60/99 BMA IG International Limited — Own platform, MetaTrader 4, TradingView Review Visit IGOfficial site · we earn no commission here
7 eToro Since 2007 · NASDAQ: ETOR 56/99 FSA Seychelles #SD076 eToro (Seychelles) Ltd $50 Own platform Review Visit eToroOfficial site · we earn no commission here
8 OANDA Since 1996 54/99 BVI FSC OANDA Global Markets Ltd $0 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit OANDAOfficial site · we earn no commission here
9 Pepperstone Since 2010 54/99 SCB #SIA-F217 Pepperstone Markets Limited $0 MetaTrader 4, MetaTrader 5, cTrader, TradingView Review Visit PepperstoneOfficial site · we earn no commission here
10 AvaTrade Since 2006 50/99 BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd $100 MetaTrader 4, MetaTrader 5, Own platform Review Visit AvaTradeOfficial site · we earn no commission here
11 Admirals Since 2001 48/99 FSA Seychelles #SD073 Admirals SC Ltd $100 MetaTrader 4, MetaTrader 5 Review Visit AdmiralsOfficial site · we earn no commission here
12 ThinkMarkets Since 2010 48/99 FSA Seychelles #SD060 TF Global Markets Int Limited $0 MetaTrader 4, MetaTrader 5, TradingView, Own platform Review Visit ThinkMarketsOfficial site · we earn no commission here
13 Eightcap Since 2009 46/99 SCB #SIA-F220 Eightcap Global Ltd $100 MetaTrader 4, MetaTrader 5, TradingView Review Visit EightcapOfficial site · we earn no commission here
14 Vantage Since 2009 46/99 VFSC #700271 Vantage Global Limited $50 MetaTrader 4, MetaTrader 5, TradingView, Own platform Review Visit VantageOfficial site · we earn no commission here
15 Capital.com Since 2016 44/99 SCB #SIA-F245 Capital Com Online Investments Ltd $20 Own platform, MetaTrader 4, TradingView Review Visit Capital.comOfficial site · we earn no commission here

Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.