Top 8 Forex Brokers in Australia - April 2021

Find the best Forex Broker for you & Start trading instantly!

Find the best Forex Broker for you & Start trading instantly!
All Brokers are regulated by ASIC (AU)
April 2021
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Advertiser Disclosure
Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
RANK
BROKER
SPECIAL
OFFER
MIN
DEPOSIT
SPREADS
FROM
USER
SCORE
MAX
LEVERAGE
REGULATION
SUPPORT
START
TRADING
1
No Bonus
$200
0 PIPs
500:1
FCA (UK), DFSA, ASIC ,CMA, CYSEC, SCB
2
No bonus
$200
0.0 PIPs
500:1
ASIC (Australia)
3
AU$80 deposit at least AU$300 for bonus AU$80
$100
0.6 PIPs
1:300
ASIC (Australia)
Special Features
  • Guaranteed Stop
  • Price Alerts
  • Trailing Stop
  • Negative Balance Protection
  • Crypto Weekend Trading
Platform & Devices
  • Plus500
4
Free Demo Account 30-Day Trial
$100
0.1 PIPs
90
500:1
ASIC (Australia), VFSC
5
up to 20% Bonus From $1,000
$100
0.9 PIPs
400:1
ASIC (Australia)
6
No Fees
$200
0.0 PIPs
500:1
ASIC (Australia)
7
No Bonus
$200
0 PIPs
500:1
FMA (New Zealand), FSA
8
2% Interest on Deposit
$100
1 PIPs
400:1
ASIC (Australia)
1
No Bonus
2
No bonus
3
AU$80
4
Free Demo Account
5
up to 20% Bonus
6
No Fees
7
No Bonus
8
2% Interest
Advertiser Disclosure
Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Trading Forex in Australia: The Local Forex Market

 

Foreign exchange trading is a thriving business in Australia. This island nation has seen a rapid spike in the volume of FX trading since 2007. Currency analysts estimate that overall trading activity in Australia has more than doubled since 2007, and trading volumes exceed $400 billion per day Read More>>

 

 

Latest Expert Reviews Summary:
"You guys are expert. Counting from my first week of investment to date. I've got nothing but positive results, No hidden fees attached and your payouts are convenient. This is the best trading platform I've come across with"
Score: 9.5 Written on: 12.02.2021 by Rebbeca Tyrell
Pros
  • Segregated accounts
  • Great customer support
  • FCA regulated
  • 4.3/5 rating on trustpilot on 858 reviews
Cons
  • No bonuses
  • Demo account available for only 30 days 
"Excellent service and effective. No complaints"
Score: 9 Written on: 07.03.2021 by L'babalo Nkinana
Pros
  • Ultra low spreads- sometimes as low as 0.0
  • Many platforms available including MT4, MT5 and cTrader
  • Fast execution of trades
Cons
  • Not suited for beginner traders
"Amazing service, always providing new webinars to assist you in getting the best possible results with your future trading"
Score: 9 Written on: 15.12.2020 by Mekyle
Pros
  • Tight spreads
  • Multiple trading platforms on desktop, browser and mobile
  • Large selection of trading instruments
  • Regulated in many jurisdictions including ASIC (Australia)
Cons
  • Limited promotions & bonuses
How to Choose a Forex Broker?

Top8ForexBrokers.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too. 
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service. 
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience. 

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