XM - Best Forex Broker




Best Forex Brokers Regulated by ASIC


EXNESS - Best Forex Broker
BlackBull Markets - Best Forex Broker

Best Forex Brokers Regulated by ASIC

The Australian Securities and Investments Commission (ASIC) is a tier-1 regulator for Australian retail clients. It caps leverage, requires client-money segregation and oversees external dispute resolution through AFCA.

Key ASIC Protections

ASIC retail clients face a 30:1 leverage cap on major pairs and must have client money segregated from the broker's own. Disputes can be taken to the Australian Financial Complaints Authority (AFCA).

How to Verify an AFSL

Check the broker's Australian Financial Services Licence (AFSL) number on the ASIC Connect professional registers, and confirm the licence covers the derivatives/forex products offered.

Brokers to Compare

The brokers below are widely used and support a range of funding and account options. Always verify availability for your specific region and entity on each broker's site before funding:

  • 1. IC Markets– read our full assessment and compare ASIC regulation.
  • 2. Pepperstone– read our full assessment and compare ASIC regulation.
  • 3. FXTM– read our full assessment and compare ASIC regulation.
  • 4. FP Markets– read our full assessment and compare ASIC regulation.
  • 5. Eightcap– read our full assessment and compare ASIC regulation.

Related Broker Reviews

Compare detailed, independent reviews of brokers relevant to this category:

Browse all forex broker categories »

Frequently Asked Questions

What leverage cap does ASIC impose?

Retail clients are limited to 30:1 on major pairs, with lower limits on other instruments.

Are Australian client funds protected?

ASIC requires segregation of client money; some brokers hold additional professional-indemnity cover. Check the broker's specifics.

Which brokers are ASIC-licensed?

Several global brokers operate Australian entities. Verify the AFSL number on ASIC Connect before funding.

Can retail clients use high leverage in Australia?

No - only eligible wholesale clients may access higher limits under ASIC rules.

Related Forex Broker Guides

RISK Warning:Trading in foreign exchanges carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of some or all of your deposited funds; therefore, you should not speculate with capital that you cannot afford to lose. Please ensure that you understand the risks involved and seek independent financial and legal advice if necessary. The information on this website is not directed towards residents of countries where FX trading is restricted or prohibited by local laws or regulations.

Risk Disclaimer: TopForexBrokersComparison.com will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of TopForexBrokersComparison.com or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.

Regional Notice: Leverage limits and investor protections vary by jurisdiction (ESMA/EU, ASIC/AU, FCA/UK). Confirm the applicable rules with your local regulator.