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.
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. Find best Australian Forex Brokers below.
ASIC - Australian Securities & Investments Commission
ASIC is an independent Australian Government body. We are set up under and administer the Australian Securities and Investments Commission Act 2001 (ASIC Act), and we carry out most of our work under the Corporations Act. The Australian Securities and Investments Commission is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC’s role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC has implemented the global standards of Forex broker regulation.
The Role Under The ASIC Act is –
- maintain, facilitate and improve the performance of the financial system and entities in it
- promote confident and informed participation by investors and consumers in the financial system
- administer the law effectively and with minimal procedural requirements
- receive, process and store, efficiently and quickly, information we receive
- make information about companies and other bodies available to the public as soon as practicable
- take whatever action we can, and which is necessary, to enforce and give effect to the law.
AFS licensees
To conduct a financial services business in Australia, you must have an Australian Financial Services (AFS) license. Australian Financial Services Licence (AFSL) is a legal license provided by the Australian Securities and Investments Commission (ASIC) enabling the operation and activities of Australian financial services businesses. ASIC assesses applications for AFS licenses as part of our role as regulator of the financial services industry.
MultiBank Group
- ASIC Regulated
- Headquarters – Hong Kong
- ASIC, BAFIN, CNMV, FMA, TFG
- HKCE, AUSTRAC, VFSC, CIMA
- MT4, MT5, Web Trader, Mobile App
- Minimum Deposit $50
Trade Nation
- ASIC AFSL No. 422661
- Headquarters – Australia
- FCA, ASIC, FSCA, SCB
- Simple Trading Platform
- Fixed Spread
- Full Transparency
City Index
- FSCA Regulated - FSP 49464
- Headquarters – Seychelles
- 24/5 dedicated Client Support
- AI-powered SMART Signals
- Trade over 6,300 global markets
- MT4 trading platform
Pepperstone
- AFSL No.414530
- Headquarters – Australia
- Tight spreads
- Confidence and security
- MT4, MT5, CTrader
- Minimum Deposit $50
Top1Markets
- ASIC Authorized
- Address – Cayman Islands
- Extremely Competitive Spreads
- Commissions are paid by TOP1
- Up to 1:1000 Leverages
- Fast & Reliable Order Execution
Vantage Markets
- AFSL no. 428901
- Headquarters – Australia
- Trade With Lower Fees
- Regulated CFDs broker
- Experience MetaTrader 5
- negative Balance Protection
Eightcap
- ASIC Regulated
- Headquarters – Bahamas
- Fast Execution
- Spreads From 0.0 PIPS
- Minimum Deposit $100
- 1000 Financial Instruments
FPMarkets
- ASIC AFSL No. 422661
- Headquarters – Australia
- Tighter spreads
- Faster execution
- More Than 10,000 Stocks
- 60+ Forex Currency Pairs
IG International Limited
- FSCA Regulated - FSP 49464
- Headquarters – Seychelles
- Fast, easy-to-use Web Platform
- Ultra Fast Execution
- Trade over 6,300 global markets
- MT4 trading platform
Plus500
- ASIC Regulated
- Headquarters – London
- Tight spreads
- No commissions
- Leverage of up to 1:300
- Fast and reliable order execution
ICMarkets
- ASIC License No. 335692
- Headquarters – Seychelles
- Spreads From 0.0 pips
- Simple Trading Platform
- Advanced Trading Tools
- Unrivalled Customer Service
eToro
- ASIC - AFSL 491139
- Headquarters – Seychelles
- Social Investment Community
- Social Trading Platform
- Zero Commission
- No.1 Servicing In The US Market
