Best ASIC Regulated Forex Brokers 2026

Last updated March 10, 2026

Compare the top forex brokers regulated by the Australian Securities & Investments Commission (Australia). Verified licenses and deep liquidity.

Regulated brokersLow spreadsFast withdrawals
James Wilson

Written by

James Wilson

Edith Balazs

Fact Checked by

Edith Balazs

Top Picks

Trader Tested
#1
Pepperstone logo
Pepperstone
Open
#2
XM logo
XM
Open
#3
IG logo
IG
Open
See Full Comparison
Last reviewed:
By:James Wilson
Fact-checked by:Edith Balazs

Why Choose ASIC Regulated Brokers?

ASIC is a top-tier global regulator. Following recent regulatory updates, it now mirrors the strict product intervention measures of European authorities, capping leverage at 1:30 and banning binary options, making ASIC-regulated brokers extremely safe.

Why Trust BrokerAnalysis?

We test brokers with real money. Our reviews are based on data, not payments. Learn more

What is the ASIC (Australian Securities & Investments Commission)?

Australian Securities & Investments Commission is the financial regulatory body in Australia. It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.

Quick Picks

#1Best Overall
Pepperstone

Pepperstone

4.8
#2Best Overall
XM

XM

4.7
#3Best Overall
IG

IG

4.7

Trading Conditions

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerAction
Pepperstone#1 Choice
$0 (Recommended $200)1:500 (Pro) | 1:30 (Retail)Open Pepperstone Account
$51:1000Open XM Account
$250 ($0 bank transfer)1:30 (Retail UK/EU) | 1:200 (Pro)Open IG Account
$01:50 (US) | 1:30 (EU) | 1:500 (Pro)Open Interactive Brokers Account
$2001:1000 (Global) | 1:30 (Retail)Open IC Markets Account
$01:50 (US) | 1:30 (EU/UK) | 1:200 (BVI)Open OANDA Account
$01:30 (Retail) | 1:500 (Pro)Open CMC Markets Account
$2,0001:30 (Retail) | 1:66 (Pro)Open Saxo Bank Account
$10 - $200 (varies by region)1:30 (Retail)Open eToro Account
$1001:50 (US) | 1:30 (UK/EU) | 1:400 (Global)Open Forex.com Account
$1001:500Open FP Markets Account
$1001:400 (Pro) | 1:30 (Retail)Open AvaTrade Account
$501:500Open Vantage Account
$251:30 (Retail) | 1:500 (Pro)Open Admiral Markets Account
$1001:500Open Eightcap Account
$1001:30 (Retail) | 1:300 (Pro)Open Plus500 Account
$501:30 (EU/UK) | 1:400 (Global)Open FXCM Account
$01:500Open ThinkMarkets Account
$01:500Open Axi Account
$51:3000Open FBS Account
$01:30 (Retail) | 1:200 (Pro)Open Trade Nation Account
$501:500Open Moneta Markets Account

Not sure which broker is right for you?

Answer a few quick questions and get a personalised broker recommendation based on your trading style and location.

Find My Broker

Detailed Broker Analysis

Pepperstone logo
Pepperstone
Read Review
Recommended
ASIC-regulated advanced traders, automated trading & tradingview enthusiasts.
4.8/5App ScoreOpen Account
Min deposit: $0 (Recommended $200)

Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone is a highly rated broker offering 60+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros

  • Regulated by 7 jurisdictions including 4 Tier-1
  • Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
  • Fast execution - ideal for scalpers/EAs
  • MT4, MT5, cTrader, TradingView support

Cons

  • Standard account spreads wider than Razor
  • Commission varies by platform
  • No proprietary mobile app
  • Research less extensive than IG
Forex spread classUltra-Low
Minimum deposit$0 (Recommended $200)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit, PayPal, Skrill, Neteller, BPay
Withdrawal feeVaries
Recommended
ASIC-regulated beginners, education-focused traders & low deposit users.
4.7/5App ScoreOpen Account
Min deposit: $5

Founded in 2009 and headquartered in Cyprus, XM is a highly rated broker offering 55+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros

  • Very low $5 minimum deposit
  • Multiple account types for all levels
  • Excellent educational resources (industry-leading)
  • Fast execution with no-requotes policy

Cons

  • Not publicly traded - less financial transparency
  • No cryptocurrency trading (regulated entities)
  • Inactivity fee after 90 days ($15/month then $5/month)
  • Standard account spreads wider than competitors
Forex spread classUltra-Low
Minimum deposit$5
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank, Card, Skrill, Neteller
Withdrawal feeVaries
Recommended
ASIC-regulated professional traders, us traders & comprehensive market access.
4.7/5App ScoreOpen Account
Min deposit: $250 ($0 bank transfer)

Founded in 1974 and headquartered in London, UK, IG is a highly rated broker offering 80+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros

  • Regulated by 8+ top-tier authorities (FCA, ASIC, CFTC, etc.)
  • Huge range of 17,000+ instruments including options & futures
  • FTSE 250 listed company with high financial transparency
  • Top-tier educational academy and daily market analysis

Cons

  • Admin fee on overnight funding increased to 1.5% (Dec 2026)
  • Higher spreads on UK small-cap shares (2026 update)
  • No Islamic (swap-free) account available
  • MetaTrader 4 offering is limited compared to proprietary platform
Forex spread classUltra-Low
Minimum deposit$250 ($0 bank transfer)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit Card
Withdrawal feeVaries
Interactive Brokers logo
Interactive Brokers
Read Review
Recommended
ASIC-regulated professional traders, multi-asset investors & institutions.
4.7/5App ScoreOpen Account
Min deposit: $0

Founded in 1978 and headquartered in Greenwich, CT, USA, Interactive Brokers is a highly rated broker offering 100+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros

  • Unbeatable market access
  • Rock bottom commissions
  • Safe (Publicly traded)

Cons

  • Complex for beginners
  • TWS platform has steep learning curve
Forex spread classUltra-Low
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Wire, ACH (US)
Withdrawal feeVaries
IC Markets logo
IC Markets
Read Review
Recommended
ASIC-regulated scalpers, ea traders & low-latency algorithmic trading.
4.6/5App ScoreOpen Account
Min deposit: $200

Founded in 2007 and headquartered in Sydney, Australia, IC Markets is a highly rated broker offering 61 forex pairs. They are regulated by ASIC providing strong client safety.

Pros

  • ASIC and CySEC Tier-1 regulation
  • Ultra-tight raw spreads from 0.0 pips
  • Excellent for scalping and EAs
  • Low latency execution (Equinix)

Cons

  • $200 minimum deposit
  • Limited educational resources
  • Research tools could be expanded
  • No FSCS protection
Forex spread classUltra-Low
Minimum deposit$200
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, PayPal, Neteller, Skrill, Wire, Broker-to-Broker
Withdrawal feeVaries

Frequently Asked Questions About ASIC Regulated Forex Brokers

Australian Securities & Investments Commission is the financial regulatory body in Australia. It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.
Yes, brokers regulated by the ASIC are generally considered very safe. They are subject to strict financial standards, audits, and operational requirements.
No specific compensation scheme, but extreme structural safeguards.
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.
Ready to start?

Our #1 pick is Pepperstone

Start with the broker we rank highest for safety, pricing, and overall trading experience.

Rating: 4.8Min deposit: $0 (Recommended $200)

Sources & References

  1. Pepperstone
  2. XM
  3. IG
🏆 #1 Recommended Broker

Ready to start trading with Pepperstone?

Join thousands of traders worldwide. Open your account today and experience their premium trading conditions.

Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.

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 country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026