Best ASIC Regulated Forex Brokers 2026

Last updated September 2, 2026

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

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
VT Markets
VT Markets
Review
#3
FP Markets
FP Markets
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for ASIC Regulated

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

#1 · Best for ASIC Regulated
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
VT Markets

VT Markets

Min. deposit $50
  • 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
ASIC (Australia), FSCA (South Africa), FSC (Mauritius)

Why these two

Both brokers are shortlisted specifically for ASIC Regulated, 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 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.

Why Choose ASIC Regulated Brokers?

ASIC is a top-tier global regulator. Our current ranking starts with IC Markets where it is available, followed by VT Markets, FP Markets, and Moneta Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Trading Conditions

28 brokers · how we rank

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

BrokerWithdrawalFoundedLicense TierRegulation & fundingAction
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours2007Tier 1
No tier-1 licence listed
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days2015Tier 1
No tier-1 licence listed
FP Markets4.5/5.0
0.0 pips (Raw)$100Same day to 1 business day2005Tier 1
No tier-1 licence listed
0.0 pips (ECN)$501-2 business days2020Tier 1
No tier-1 licence listed
XM4.7/5.0
0.6 pips (Ultra Low) | 1.6 pips (Standard)$524 hours2009Tier 1
No tier-1 licence listed
FXCM4.3/5.0
1.3 pips (Standard)$501-2 business days1999Tier 1
No tier-1 licence listed
Vantage4.4/5.0
0.0 pips (Raw ECN)$501-2 business days2009Tier 1
No tier-1 licence listed
0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)1-2 business days2010Tier 1
No tier-1 licence listed
AvaTrade4.5/5.0
0.9 pips (Standard)$1001-2 business days2006Tier 1
No tier-1 licence listed
TMGM4.4/5.0
0.0 pips (Edge) | 1.0 pips (Classic)$1001-2 business days2013Tier 1
No tier-1 licence listed
Axi4.3/5.0
0.0 pips (Pro)$01-2 business days2007Tier 1
No tier-1 licence listed
Eightcap4.3/5.0
0.0 pips (Raw)$1001-2 business days2009Tier 1
No tier-1 licence listed
0.0 pips (Zero) | 0.5 pips (Trade)$251-2 business days2001Tier 1
No tier-1 licence listed
0.0 pips (Zero)$0Same day2017Tier 1
No tier-1 licence listed
0.0 pips (ThinkZero)$01-2 business days2010Tier 1
No tier-1 licence listed
0.0 pips (Raw)$0Same day2010Tier 1
No tier-1 licence listed
MultiBank4.6/5.0
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)$5024 hours2005Tier 1
No tier-1 licence listed
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)$251-2 business days2001Tier 1
No tier-1 licence listed
0.6 pips$1001-2 business days2008Tier 1
No tier-1 licence listed
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business days2006Tier 1
No tier-1 licence listed
IG4.7/5.0
0.6 pips (Standard)$250 ($0 bank transfer)2-5 business days1974Tier 1
No tier-1 licence listed
OANDA4.6/5.0
1.1 pips (Standard) | 0.1 pips (Core)$01-3 business days1996Tier 1
No tier-1 licence listed
0.7 pips$01-2 business days1989Tier 1
No tier-1 licence listed
Saxo Bank4.6/5.0
0.6 pips$2,0001-2 business days1992Tier 1
No tier-1 licence listed
eToro4.5/5.0
1.0 pips$10 - $200 (varies by region)2-5 business days2007Tier 1
No tier-1 licence listed
Forex.com4.5/5.0
1.2 pips (Standard) | 0.2 pips (Raw)$1001-2 business days2001Tier 1
No tier-1 licence listed
Plus5004.3/5.0
0.8 pips$1001-3 business days2008Tier 1
No tier-1 licence listed
FBS4.2/5.0
0.7 pips (Standard)$515-20 minutes2009Tier 1
No tier-1 licence listed
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
Founded
2007
License Tier
Tier 1
Visit IC Markets Read review
Rank 02
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
Founded
2015
License Tier
Tier 1
Visit VT Markets Read review
Rank 03
FP Markets4.5/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
Founded
2005
License Tier
Tier 1
Visit FP Markets Read review
Rank 05
XM4.7/5.0
Spread
0.6 pips (Ultra Low) | 1.6 pips (Standard)
Min dep.
$5
Withdrawal
24 hours
Founded
2009
License Tier
Tier 1
Visit XM Read review
Rank 06
FXCM4.3/5.0
Spread
1.3 pips (Standard)
Min dep.
$50
Withdrawal
1-2 business days
Founded
1999
License Tier
Tier 1
Visit FXCM Read review
Rank 07
Vantage4.4/5.0
Spread
0.0 pips (Raw ECN)
Min dep.
$50
Withdrawal
1-2 business days
Founded
2009
License Tier
Tier 1
Visit Vantage Read review
Rank 08
Pepperstone4.8/5.0
Spread
0.0 pips (Razor) | 1.0 pips (Standard)
Min dep.
$0 (Recommended $200)
Withdrawal
1-2 business days
Founded
2010
License Tier
Tier 1
Visit Pepperstone Read review
Rank 09
AvaTrade4.5/5.0
Spread
0.9 pips (Standard)
Min dep.
$100
Withdrawal
1-2 business days
Founded
2006
License Tier
Tier 1
Visit AvaTrade Read review
Rank 10
TMGM4.4/5.0
Spread
0.0 pips (Edge) | 1.0 pips (Classic)
Min dep.
$100
Withdrawal
1-2 business days
Founded
2013
License Tier
Tier 1
Visit TMGM Read review
Rank 11
Axi4.3/5.0
Spread
0.0 pips (Pro)
Min dep.
$0
Withdrawal
1-2 business days
Founded
2007
License Tier
Tier 1
Visit Axi Read review
Rank 12
Eightcap4.3/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
Founded
2009
License Tier
Tier 1
Visit Eightcap Read review
Rank 13
Admiral Markets4.4/5.0
Spread
0.0 pips (Zero) | 0.5 pips (Trade)
Min dep.
$25
Withdrawal
1-2 business days
Founded
2001
License Tier
Tier 1
Visit Admiral Markets Read review
Rank 17
MultiBank4.6/5.0
Spread
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)
Min dep.
$50
Withdrawal
24 hours
Founded
2005
License Tier
Tier 1
Visit MultiBank Read review
Rank 18
easyMarkets4.1/5.0
Spread
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)
Min dep.
$25
Withdrawal
1-2 business days
Founded
2001
License Tier
Tier 1
Visit easyMarkets Read review
Rank 20
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
Founded
2006
License Tier
Tier 1
Visit GO Markets Read review
Rank 21
IG4.7/5.0
Spread
0.6 pips (Standard)
Min dep.
$250 ($0 bank transfer)
Withdrawal
2-5 business days
Founded
1974
License Tier
Tier 1
Visit IG Read review
Rank 22
OANDA4.6/5.0
Spread
1.1 pips (Standard) | 0.1 pips (Core)
Min dep.
$0
Withdrawal
1-3 business days
Founded
1996
License Tier
Tier 1
Visit OANDA Read review
Rank 25
eToro4.5/5.0
Spread
1.0 pips
Min dep.
$10 - $200 (varies by region)
Withdrawal
2-5 business days
Founded
2007
License Tier
Tier 1
Visit eToro Read review
Rank 26
Forex.com4.5/5.0
Spread
1.2 pips (Standard) | 0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
Founded
2001
License Tier
Tier 1
Visit Forex.com Read review
Rank 27
Plus5004.3/5.0
Spread
0.8 pips
Min dep.
$100
Withdrawal
1-3 business days
Founded
2008
License Tier
Tier 1
Visit Plus500 Read review
Rank 28
FBS4.2/5.0
Spread
0.7 pips (Standard)
Min dep.
$5
Withdrawal
15-20 minutes
Founded
2009
License Tier
Tier 1
Visit FBS 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

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
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
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

Founded in 2015 and headquartered in Sydney, Australia, VT Markets is a highly rated broker offering 40+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

Founded in 2005 and headquartered in Sydney, Australia, FP Markets is a highly rated broker offering 70+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

Moneta Markets Review Summary

Founded in 2020 and headquartered in Melbourne, Australia, Moneta Markets is a highly rated broker offering 45+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
XM logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

XM Review Summary

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
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FXCM logo
Our Rating
4.3/5.0
Best ForAlgorithmic traders & historical data enthusiasts
Min Deposit$50

FXCM Review Summary

Founded in 1999 and headquartered in London, UK, FXCM is a highly rated broker offering 40+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
Vantage logo
Our Rating
4.4/5.0
Best ForRaw spread traders & Australian forex enthusiasts
Min Deposit$50

Vantage Review Summary

Founded in 2009 and headquartered in Sydney, Australia, Vantage is a highly rated broker offering 44+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Pepperstone logo
Our Rating
4.8/5.0
Best ForAdvanced traders, automated trading & TradingView enthusiasts
Min Deposit$0 (Recommended $200)

Pepperstone Review Summary

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
  • Regulation varies by entity
  • Minimum deposit: $0 (Recommended $200)
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
AvaTrade logo
Our Rating
4.5/5.0
Best ForBeginners, copy traders & options enthusiasts
Min Deposit$100

AvaTrade Review Summary

Founded in 2006 and headquartered in Dublin, Ireland, AvaTrade is a highly rated broker offering 55+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
TMGM logo
Our Rating
4.4/5.0
Best ForScalpers, ECN traders & stock-CFD traders via IRESS
Min Deposit$100

TMGM Review Summary

Founded in 2013 and headquartered in Sydney, Australia, TMGM is a highly rated broker offering 60+ forex pairs. They are regulated by ASIC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening

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Frequently Asked Questions About ASIC Regulated Forex Brokers

Frequently Asked Questions

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.

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. Vantage
  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.