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Our 2 top picks for Compare ASIC
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

IC Markets
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs

MultiBank
- Real UAE SCA and VARA licences plus additional entity-specific regulators
- Large claimed paid-up capital ($322M+)
- Tight ECN commission ($3/lot)
Why these two
Both brokers are shortlisted specifically for Compare ASIC, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What are the best asic-regulated brokers in 2026?
How we compare asic-regulated brokers
ASIC-regulated brokers are supervised by the Australian Securities and Investments Commission. Our current ranking starts with IC Markets where it is available, followed by MultiBank, VT Markets, and XM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
How these brokers compare
12 brokers · how we rank
Side-by-side ranking of the best asic-regulated brokers in 2026.
| Broker | Withdrawal | Why This Broker | Execution Type | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|
![]() | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | #10 pick for asic-regulated: Scalpers, EA traders & low-latency algorithmic trading. | True ECN | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
![]() | 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) | $50 | 24 hours | #9 pick for asic-regulated: High-volume traders who confirm which specific MultiBank entity and licence covers their country. | ECN | SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | #2 pick for asic-regulated: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. | ECN / STP | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | 24 hours | #5 pick for asic-regulated: Beginners, education-focused traders & low deposit users. | Market Execution | CySEC (Cyprus)ASIC (Australia)DFSA (Dubai) | |
![]() | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | 1-2 business days | #1 pick for asic-regulated: Advanced traders, automated trading & TradingView enthusiasts. | NDD & STP | ASIC (Australia)FCA (UK)CySEC (Cyprus) | |
![]() | 0.6 pips | $100 | 1-2 business days | #4 pick for asic-regulated: Beginner-to-intermediate multi-asset CFD traders who value research tools. | Market Execution | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.6 pips (Standard) | $250 ($0 bank transfer) | 2-5 business days | #3 pick for asic-regulated: Professional traders, US traders & comprehensive market access. | Market Maker (+ DMA routing available) | FCA (UK)ASIC (Australia)CFTC/NFA (USA) | |
![]() | 1.1 pips (Standard) | 0.1 pips (Core) | $0 | 1-3 business days | #6 pick for asic-regulated: US traders, beginners & data-driven analysts. | Market Maker / V2 Engine | CFTC/NFA (US)FCA (UK)ASIC (Australia) | |
![]() | 0.6 pips | $2,000 | 1-2 business days | #7 pick for asic-regulated: High-net-worth investors & multi-asset traders. | Market Maker / DMA | Danish FSAFCA (UK)ASIC (Australia) | |
![]() | 0.7 pips | $0 | 1-2 business days | #8 pick for asic-regulated: Advanced chartists & UK spread bettors. | Market Maker | FCA (UK)ASIC (Australia)BaFin (Germany) | |
![]() | 1.2 pips (Standard) | 0.2 pips (Raw) | $100 | 1-2 business days | #11 pick for asic-regulated: US traders, experienced analysts & volume traders. | Market Maker + DMA | CFTC/NFA (USA)FCA (UK)ASIC (Australia) | |
![]() | 1.0 pips | $10 - $200 (varies by region) | 2-5 business days | #12 pick for asic-regulated: Social traders, beginners & crypto enthusiasts. | Market Maker | FCA (UK)ASIC (Australia)CySEC (Cyprus) |












We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

IC Markets Review Summary
IC Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Raw) | 0.8 pips (Standard) on EUR/USD, and $200 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity

MultiBank Review Summary
MultiBank is a multi-regulated broker with MT4, MT5 access, 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Real UAE SCA and VARA licences plus additional entity-specific regulators
- Large claimed paid-up capital ($322M+)
- Tight ECN commission ($3/lot)
Cons
- Marketing claims of '18+ regulators' are inflated — some versions of that count include non-trading registries
- $60/month inactivity fee is aggressive

VT Markets Review Summary
#2 on this asic-regulated comparison, rated 4.8/5. Best positioned for: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. Front-line verdict: 100% deposit bonus on first deposit (minimum deposit $50).
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees

XM Review Summary
#5 on this asic-regulated comparison, rated 4.7/5. Best positioned for: Beginners, education-focused traders & low deposit users. Front-line verdict: Outstanding daily webinars and educational courses.
Pros
- Outstanding daily webinars and educational courses
- No deposit or withdrawal fees
- Strict no re-quotes policy with 99.35% execution in <1s
Cons
- Spreads on Standard account are wider than competitors
- No crypto trading on weekends

Pepperstone Review Summary
#1 on this asic-regulated comparison, rated 4.8/5. Best positioned for: Advanced traders, automated trading & TradingView enthusiasts. Front-line verdict: Top-tier liquidity with frequent 0.0 pip spreads.
Pros
- Top-tier liquidity with frequent 0.0 pip spreads
- Exceptional platform choice including TradingView and cTrader
- Award-winning 24/5 customer support
Cons
- Educational content is good but not standard-setting
- No proprietary mobile app (relies on MetaQuotes/cTrader apps)

Markets.com Review Summary
#4 on this asic-regulated comparison, rated 4.7/5. Best positioned for: Beginner-to-intermediate multi-asset CFD traders who value research tools. Front-line verdict: Strong tier-1 regulation (FCA, CySEC, ASIC).
Pros
- Strong tier-1 regulation (FCA, CySEC, ASIC)
- Easy-to-use Marketsx platform with sentiment tools
- Investment Strategy Builder & 'Blends'
Cons
- Inactivity fee after just 3 months
- 0.6% currency conversion fee

IG Review Summary
#3 on this asic-regulated comparison, rated 4.7/5. Best positioned for: Professional traders, US traders & comprehensive market access. Front-line verdict: Publicly traded (FTSE 250) with exceptional financial stability.
Pros
- Publicly traded (FTSE 250) with exceptional financial stability
- Access to over 17,000 global markets
- Industry-leading proprietary web and mobile platform
Cons
- Does not offer MetaTrader 5 (MT5)
- Stock CFD commissions can be high

OANDA Review Summary
OANDA is a multi-regulated broker with OANDA Trade, Advanced Charting (TradingView), MT4 access, 1.1 pips (Standard) | 0.1 pips (Core) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- One of the few reputable brokers serving US retail clients
- Exceptional regulatory footprint globally
- No minimum deposit required
Cons
- Does not support MetaTrader 5 (MT5)
- Spreads on Standard account aren't the tightest

Saxo Bank Review Summary
Saxo Bank is a multi-regulated broker with SaxoTraderGO, SaxoTraderPRO, SaxoInvestor access, 0.6 pips on EUR/USD, and $2,000 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- 71,000+ instruments available
- Bank-grade security and regulation
- Exceptional SaxoTraderPRO platform
Cons
- Very high $2,000 minimum deposit
- Premium pricing structure

CMC Markets Review Summary
CMC Markets is a multi-regulated broker with Next Generation, MT4 access, 0.7 pips on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Award-winning Next Generation platform
- 12,000+ instruments
- No minimum deposit
Cons
- No MT5 or cTrader
- Inactivity fee after 12 months
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Sources & References
- IC Markets Trading Accounts— IC Markets
- XM Account Types— XM
- Pepperstone Trading Platforms— Pepperstone
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
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Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.