Australia as one of the financial Forex Trading hubs regulates and oversees activities along with operations through the independent authorizing body Australian Securities and Investments Commission (ASIC). The initial concept of a regulatory organization covers all aspects of Australian Stock Exchange operation, as well as strengthening the confidence of investments by supervision of the financial companies through sharp guidelines maintained by the ASIC.
There are numerous requirements that the broker should conduct, apart from the financial sustainability, operational standards, safe trading environment and audits.
ASIC regulated firm should also provide credit to the general public and in case of insolvency, ASIC provides assistance to the investors by retrieving their funds.
ASIC Regulated Forex Brokers are known for the strict compliance of procedures along with high reliability since the regulation protects and provides strong funds security along with a guarantee from the Australian banks. Furthermore, the ASIC famous for its friendly consumer attitude, which offers a wide range of free online resources with information about financial markets and guidelines to consumers about investing, its pros, cons and much more of other support. The result of all is the growing number of companies that opening their offices under the ASIC regulation, as well the increasing popularity among the traders to invest in firms regulated by Australia. This also happens due to ASIC allowance to use and offer high leverage ratios like 1:300-1:400, unlike comparing to its peers from Europe and US entities that use much lower level for margin trade.
Trading forex (currencies) in Australia is popular among residents and international traders seeking an Australian-based broker. Before any fx broker in Australia can accept forex and CFDs traders, they must become authorised by the Australian Securities & Investment Commission (ASIC), which is the financial markets regulator in Australia.
Foundation Year – 2019
Minimum Deposit – $50
Headquarters – Level 6, 360 Collins Street Melbourne, VIC 3000 Australia
Foundation Year – 2010
Minimum Deposit – $200
Headquarters – Level 16, Tower One, 727 Collins Street Melbourne
Foundation Year – 2008
Minimum Deposit – $100
Headquarters – South Quay Plaza 183, Marsh Wall London E14 9SR
Foundation Year – 2005
Minimum Deposit – $100
Headquarters – G03, 135 Macquarie Street, Sydney, NSW 2000, Australia
Foundation Year – 2006
Minimum Deposit – $200
Headquarters – 16 Finsbury Circus, London, EC2M, United Kingdom
Foundation Year – 2009
Minimum Deposit – $200
Headquarters – Harbour Centre, 42 N Church St, George Town, Cayman Islands
Foundation Year – 2007
Minimum Deposit – $200
Headquarters – 6 309 Kent Street, Sydney NSW 2000 Australia
Foundation Year – 2005
Minimum Deposit – $100
Headquarters – Level 5, Exchange House 10 Bridge St Sydney NSW 2000
Foundation Year – 2006
Minimum Deposit – $200
Headquarters – Kanika Business Center, 7th Floor, 4 Profiti Ilia Street, Limassol
