Compare ASIC-Regulated Brokers (2026)

Last updated August 14, 2026

The 29 best asic-regulated brokers ranked side-by-side — spreads, regulation, minimum deposit, and the head-to-head matchups that matter.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
IC Markets
IC Markets
Review
#2
MultiBank
MultiBank
Review
#3
VT Markets
VT Markets
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Aug 2026

Our 2 top picks for Compare ASIC

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for Compare ASIC
IC Markets

IC Markets

Min. deposit $200
  • 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
ASIC (Australia), CySEC (Cyprus), Seychelles FSA
#2 · Best alternative
MultiBank

MultiBank

Min. deposit $50
  • Real UAE SCA and VARA licences plus additional entity-specific regulators
  • Large claimed paid-up capital ($322M+)
  • Tight ECN commission ($3/lot)
SCA (UAE) 20200000031, VARA (UAE) VL/24/06/001, ASIC (Australia)

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?

The best asic-regulated brokers in 2026 are led by Pepperstone, VT Markets, IG. They were ranked on regulation, spreads, minimum deposit, and platform support, and every figure in the comparison comes from verified broker data.

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.

BrokerWithdrawalWhy This BrokerExecution TypeRegulation & fundingAction
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours#10 pick for asic-regulated: Scalpers, EA traders & low-latency algorithmic trading.True ECN
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
MultiBank4.6/5.0
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)$5024 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)
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 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)
XM4.7/5.0
0.6 pips (Ultra Low) | 1.6 pips (Standard)$524 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$1001-2 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)
IG4.7/5.0
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)
OANDA4.6/5.0
1.1 pips (Standard) | 0.1 pips (Core)$01-3 business days#6 pick for asic-regulated: US traders, beginners & data-driven analysts.Market Maker / V2 Engine
CFTC/NFA (US)FCA (UK)ASIC (Australia)
Saxo Bank4.6/5.0
0.6 pips$2,0001-2 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$01-2 business days#8 pick for asic-regulated: Advanced chartists & UK spread bettors.Market Maker
FCA (UK)ASIC (Australia)BaFin (Germany)
Forex.com4.5/5.0
1.2 pips (Standard) | 0.2 pips (Raw)$1001-2 business days#11 pick for asic-regulated: US traders, experienced analysts & volume traders.Market Maker + DMA
CFTC/NFA (USA)FCA (UK)ASIC (Australia)
eToro4.5/5.0
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)
Rank 01 · best overall
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
Why This Broker
#10 pick for asic-regulated: Scalpers, EA traders & low-latency algorithmic trading.
Execution Type
True ECN
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read review
Rank 02
MultiBank4.6/5.0
Spread
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)
Min dep.
$50
Withdrawal
24 hours
Why This Broker
#9 pick for asic-regulated: High-volume traders who confirm which specific MultiBank entity and licence covers their country.
Execution Type
ECN
SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia)
Visit MultiBank Read review
Rank 03
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
Why This Broker
#2 pick for asic-regulated: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing.
Execution Type
ECN / STP
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read review
Rank 04
XM4.7/5.0
Spread
0.6 pips (Ultra Low) | 1.6 pips (Standard)
Min dep.
$5
Withdrawal
24 hours
Why This Broker
#5 pick for asic-regulated: Beginners, education-focused traders & low deposit users.
Execution Type
Market Execution
CySEC (Cyprus)ASIC (Australia)DFSA (Dubai)
Visit XM Read review
Rank 05
Pepperstone4.8/5.0
Spread
0.0 pips (Razor) | 1.0 pips (Standard)
Min dep.
$0 (Recommended $200)
Withdrawal
1-2 business days
Why This Broker
#1 pick for asic-regulated: Advanced traders, automated trading & TradingView enthusiasts.
Execution Type
NDD & STP
ASIC (Australia)FCA (UK)CySEC (Cyprus)
Visit Pepperstone Read review
Rank 06
Markets.com4.7/5.0
Spread
0.6 pips
Min dep.
$100
Withdrawal
1-2 business days
Why This Broker
#4 pick for asic-regulated: Beginner-to-intermediate multi-asset CFD traders who value research tools.
Execution Type
Market Execution
FCA (UK)CySEC (Cyprus)ASIC (Australia)
Visit Markets.com Read review
Rank 07
IG4.7/5.0
Spread
0.6 pips (Standard)
Min dep.
$250 ($0 bank transfer)
Withdrawal
2-5 business days
Why This Broker
#3 pick for asic-regulated: Professional traders, US traders & comprehensive market access.
Execution Type
Market Maker (+ DMA routing available)
FCA (UK)ASIC (Australia)CFTC/NFA (USA)
Visit IG Read review
Rank 08
OANDA4.6/5.0
Spread
1.1 pips (Standard) | 0.1 pips (Core)
Min dep.
$0
Withdrawal
1-3 business days
Why This Broker
#6 pick for asic-regulated: US traders, beginners & data-driven analysts.
Execution Type
Market Maker / V2 Engine
CFTC/NFA (US)FCA (UK)ASIC (Australia)
Visit OANDA Read review
Rank 09
Saxo Bank4.6/5.0
Spread
0.6 pips
Min dep.
$2,000
Withdrawal
1-2 business days
Why This Broker
#7 pick for asic-regulated: High-net-worth investors & multi-asset traders.
Execution Type
Market Maker / DMA
Danish FSAFCA (UK)ASIC (Australia)
Visit Saxo Bank Read review
Rank 10
CMC Markets4.6/5.0
Spread
0.7 pips
Min dep.
$0
Withdrawal
1-2 business days
Why This Broker
#8 pick for asic-regulated: Advanced chartists & UK spread bettors.
Execution Type
Market Maker
FCA (UK)ASIC (Australia)BaFin (Germany)
Visit CMC Markets Read review
Rank 11
Forex.com4.5/5.0
Spread
1.2 pips (Standard) | 0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
Why This Broker
#11 pick for asic-regulated: US traders, experienced analysts & volume traders.
Execution Type
Market Maker + DMA
CFTC/NFA (USA)FCA (UK)ASIC (Australia)
Visit Forex.com Read review
Rank 12
eToro4.5/5.0
Spread
1.0 pips
Min dep.
$10 - $200 (varies by region)
Withdrawal
2-5 business days
Why This Broker
#12 pick for asic-regulated: Social traders, beginners & crypto enthusiasts.
Execution Type
Market Maker
FCA (UK)ASIC (Australia)CySEC (Cyprus)
Visit eToro Read review

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 logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

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 logo
Our Rating
4.6/5.0
Best ForHigh-volume traders who confirm which specific MultiBank entity and licence covers their country
Min Deposit$50

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 logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

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 logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

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 logo
Our Rating
4.8/5.0
Best ForAdvanced traders, automated trading & TradingView enthusiasts
Min Deposit$0 (Recommended $200)

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 logo
Our Rating
4.7/5.0
Best ForBeginner-to-intermediate multi-asset CFD traders who value research tools
Min Deposit$100

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 logo
Our Rating
4.7/5.0
Best ForProfessional traders, US traders & comprehensive market access
Min Deposit$250 ($0 bank transfer)

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 logo
Our Rating
4.6/5.0
Best ForUS traders, beginners & data-driven analysts
Min Deposit$0

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 logo
Our Rating
4.6/5.0
Best ForHigh-net-worth investors & multi-asset traders
Min Deposit$2,000

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 logo
Our Rating
4.6/5.0
Best ForAdvanced chartists & UK spread bettors
Min Deposit$0

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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Frequently Asked Questions About Compare ASIC-Regulated Brokers ()

Frequently Asked Questions

VT Markets, XM, Pepperstone currently lead our asic-regulated ranking. VT Markets ranks #1 with 4.8/5, ASIC (Australia), FSCA (South Africa), FSC (Mauritius) licensing, and EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard STP). The whole group averages 0.4 pips on EUR/USD with minimum deposits from $0.
For asic-regulated trading, the brokers that lead the ranking combine three things: a Tier-1 licence where available (29 of the 29 here hold one), total trading cost under control (group spreads 0.0–1.5 pips, deposits $0–$10200), and maximum leverage up to 1:3000 for the accounts that need it. ASIC-regulated brokers are supervised by the Australian Securities and Investments Commission.
29 of the 29 brokers on this page hold at least one Tier-1 licence (FCA, CySEC, ASIC, or equivalent) and the remaining 0 are Tier-2/3 licensed — the licence tier determines leverage limits, deposit methods, and compensation-scheme coverage. Every broker is independently reviewed on this site, and each review page lists the entities it contracts through and their regulators.
Ranking is computed from centralBrokerDatabase fields: overall rating, regulatory tier coverage, EUR/USD spread, minimum deposit, and platform support. For this asic-regulated comparison the broker set was filtered to 29 public brokers that actually match the niche, then ranked by rating with Tier-1 coverage as the tiebreaker — every figure in the table traces back to a verifiable database field.
The best ASIC brokers for global markets in 2026 include IC Markets, Pepperstone, FP Markets, and IG — all holding active ASIC licences with segregated client funds.
Yes, ASIC is one of the world's most respected financial regulators, alongside the FCA and BaFin. It maintains strict capital requirements, regular audits, and has taken enforcement action against non-compliant brokers.
Unlike the FCA (FSCS) or CySEC (ICF), ASIC doesn't have a formal compensation scheme. However, mandatory fund segregation means client money is protected even if the broker becomes insolvent.

Top Searched Questions

How do I choose a reliable forex broker in 2026?

Start by verifying the broker holds a Tier-1 license (FCA, ASIC, or CySEC). Compare raw spreads on EUR/USD, check withdrawal processing times, and test the demo account. BrokerAnalysis independently tests 67+ brokers each quarter using real funded accounts.

What makes a forex broker the 'best' overall?

The best forex broker combines Tier-1 regulation, spreads from 0.0 pips on raw accounts, fast execution under 50ms, a wide range of 70+ currency pairs, and transparent fee structures. Our testing ranks brokers across 8 categories including safety, costs, and platform quality.

Which forex brokers are consistently top-rated?

Consistently top-rated brokers typically hold multiple Tier-1 licenses, maintain segregated client funds, and offer competitive raw spreads. Brokers like IC Markets, Pepperstone, and FP Markets consistently score above 4.5/5 in independent testing by BrokerAnalysis.

What is forex trading and how does it work?

Forex trading involves buying one currency while selling another, profiting from exchange rate fluctuations. The forex market operates 24/5, processes $7.5 trillion daily, and is accessible through online brokers with as little as $10. Traders use technical and fundamental analysis to make decisions.

What is the best forex trading platform to use?

MetaTrader 4 remains the most popular platform for its reliability and Expert Advisor support. MetaTrader 5 adds depth-of-market and more timeframes. TradingView excels at charting, while cTrader offers the best market depth for active traders. Your ideal platform depends on your trading style.

How do forex trading platforms differ from each other?

MT4 is best for EA automation and beginner simplicity. MT5 adds stock CFDs and economic calendar integration. cTrader provides Level II pricing and algorithmic trading via cAlgo. TradingView offers social charting with 100+ indicators. Choose based on whether you prioritize automation, analysis, or execution speed.

What features should a trading platform have?

A quality trading platform needs: one-click execution, customizable charts with 50+ technical indicators, pending order types (limit, stop, trailing stop), mobile app parity, demo account access, and reliable uptime above 99.9%. Platform stability during high-volatility news events is critical.

How does the forex market work?

The forex market is a decentralized global marketplace where currencies trade in pairs. It operates across four major sessions (Sydney, Tokyo, London, New York), runs 24 hours on weekdays, and is the largest financial market with $7.5 trillion in daily volume. Prices move based on economic data, central bank policy, and geopolitics.
Information automatically localized based on "forex brokers" and related trends.

Sources & References

  1. IC Markets
  2. XM
  3. Pepperstone
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. 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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Regional Availability Notice

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.