Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026
We’ve tested and ranked the top brokers regulated by the Australian Securities and Investments Commission (ASIC), providing peace of mind and strong safeguards.
Written ByRoyston Wild
Royston is a seasoned investor and financial writer with over a decade of experience analyzing brokers and investment markets. With a background in stocks, commodities, and forex reporting - he brings a fresh perspective to broker evaluations.
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Fact Checked ByTobias Robinson
Tobias is committed to helping traders find the right brokerage for their needs. He has tested 200+ brokers, spent 2,600+ hours using different platforms, and placed 2,100+ trades.
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Edited ByJames Barra
James is an experienced broker analyst with a background in financial services. He has spent 2,500+ hours testing brokers, used 35+ different platforms and apps, audited 120+ broker T&Cs, and verified 300+ regulatory licenses.
James Barra Profile PageMay 26, 2026
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1Interactive Brokers (IBKR) is a leading brokerage offering access to over 170 markets in 40 countries and a range of investment services. With 40+ years in the industry, this Nasdaq-listed company follows strict regulations by the SEC, FCA, CIRO, and SFC, making it a trusted global trading broker.
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2Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options.
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3Crypto.com is a major name in cryptocurrency trading, designed to speed up the global shift to DeFi technologies. The exchange provides token lending, prepaid cards, NFTs, and more. Founded in Germany in 2016, it serves 150 million users.
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4Coinbase, started in 2012 for buying and selling Bitcoin with bank transfers, has grown into a major crypto company. It now offers over 240 crypto assets, advanced trading platforms for investors, is listed on the U.S. Nasdaq, and holds licenses from several regulators. In May 2025, Coinbase became the first crypto firm in the S&P 500, boosting its credibility.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $0 | $100 | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✗ | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai, TWS API | ✓ | ✗ | |
 |
✓ | ✓ | $0 | $0 | 1:2 | ✗ | SEC, FINRA, SIPC, MAS, SFC, ASIC, FMA, CIRO, CIPF, JFSA, SC | Stocks, Options, ETFs, ADRs, OTCs ,Futures | Desktop Platform, Mobile App | USD, HKD, SGD | ✗ | ✗ | ✗ | |
 |
✓ | ✓ | Varies by payment method | $1 | ✗ | ✗ | SEC, FCA, MAS, AMF, CySEC, CBI, ASIC, FINTRAC, CIMA, VARA, OAM, HCMC, CFTC, OSC, KoFIU | Crypto, Stocks, ETFs, Prediction Markets and Strike Options (US only) | Own | USD, EUR, GBP, CAD, AUD, NZD, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, PLN, CZK, AED, SAR, HUF, BRL, KES | DCA Auto-Staking | ✗ | ✗ | |
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✓ | ✗ | $0 | $2 | ✗ | ✗ | CSSF, CBI, CySEC, BaFin, MAS, OSC, ASIC, BMA | Crypto, Stocks and ETFs (US only) | Coinbase, Advanced Trade, Wallet, NFT, TradingView | USD, EUR | ✗ | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✓ | |
|
✗ | ✗ | ✓ | |
|
✗ | ✗ | ✓ | |
|
✗ | ✗ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✓ | ||
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Yes (iOS & Android) | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $0 | $100 | ✓ | ✗ | ||
|
✓ | $0 | $0 | ✗ | ✗ | ||
|
✓ | Varies by payment method | $1 | ✗ | ✗ | ||
|
✗ | $0 | $2 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Capitalise.ai, TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✓ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:2 | ✗ | ✓ |
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DCA Auto-Staking | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 3.14%, GBP: 3.24% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | USD: 3.35% | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 5% | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|
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✗ | $0 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $0 | ✗ | ✗ | |
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✗ | $5 | ✗ | 0.075% (spot), 0.034% (derivatives) | |
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✗ | $0 | ✗ | 0.5% - 1% (BTC) | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2026 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Crypto.com |
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| Coinbase |
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| Moomoo |
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| Interactive Brokers |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
- Interactive Brokers was awarded 'Best US Broker' for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- Interactive Brokers has introduced ForecastTrader, a commission-free product allowing users to trade yes/no Forecast Contracts on political, economic, and climate events. It offers fixed $1 payouts, 24/6 market access, and up to 3.14% APY on positions.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
Why Trade With Moomoo?
Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.
Pros
- Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.
- The broker provides early access to trading hours before the market opens.
- The fees for options contracts have been lowered from $0.65 to $0.
Cons
- The broker doesn't offer phone or live chat support, options typically provided by other brokers.
- The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
- Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
Why Trade With Crypto.com?
Crypto.com is ideal for new crypto traders looking to buy, sell, and trade over 400 digital tokens. Its strike options and prediction markets cover financial, economic, election, sport, and cultural events. As a CFTC-regulated platform, it provides a secure choice for US traders interested in binary-style contracts using an easy-to-use app.
Pros
- Crypto.com now offers more than 9,000 stocks and ETFs in some regions, allowing traders to create diverse portfolios across various sectors.
- Crypto.com uses a cold wallet system with multi-signature technology and geographic distribution to improve security. This method ensures strong protection of user assets with secure offline storage.
- The Crypto.com Exchange platform provides advanced bots like Dollar Cost Averaging (DCA), Time-Weighted Average Price (TWAP), and Grid Trading bots. Traders can automate strategies, including leveraged perpetual trades, reducing manual work and slippage.
Cons
- Fees apply to crypto and fiat withdrawals, which can be significant for active traders making smaller transfers. The minimum withdrawal limits are also high, limiting flexibility in managing smaller portfolios or immediate liquidity needs.
- Customer support mainly uses chatbots and email, with limited reliable phone support from our testing. This may cause delays in solving urgent issues like account access or transaction problems, which can be frustrating for crypto traders needing quick help.
- The app has high bid-ask spreads on many coins, which can be expensive for traders using market orders. Wide spreads mean the buying price is significantly higher than the selling price, reducing profits, especially in low-volume trades.
Why Trade With Coinbase?
Coinbase is great for beginners who want an easy-to-use platform to buy and sell various cryptocurrencies, with strong security and regulatory compliance. However, its fees are higher than competitors in our tests, and it’s less suited for short-term traders.
Pros
- Coinbase and Chainlink DataLink have partnered, providing on-chain access to premium exchange data like spot prices, order books, and futures data. This integration enhances DeFi pricing and risk management.
- Platforms are available for all skill levels: beginners can use the simple Coinbase app, while Advanced Trade offers lower fees and professional tools.
- Coinbase Advanced now integrates TradingView, a rare feature for crypto exchanges, enabling users to trade spot and futures markets directly from real-time charts with advanced technical analysis tools.
Cons
- Customer support is frustrating during testing because most help options require login, making it difficult for locked-out users or those without accounts to get assistance.
- Advanced Trade provides TradingView charts but lacks research tools like news feeds, economic calendars, and AI market insights.
- Crypto fees are high based on tests, especially when compared to competitors like Kraken and BitMEX, particularly on the regular trading platform.
Filters
How We Chose The Top ASIC-Regulated Brokers
We did two things:
- We investigated and documented the regulatory credentials of every broker in our evolving database. That means we check any broker that claims ASIC authorization (often in the footers of their websites) is on the ASIC Professional Registers Search. We also regularly re-check ASIC registration details, as licenses can be revoked, penalties issued, and permitted activities can change.
- We ranked ASIC brokers by their total ratings, blending not just their regulatory credentials but also the broader trading package, from fees to platforms, support, and tradeable markets. This blends hands-on testing with the hundreds of data points we collect per brokerage.
What Is ASIC?
Choosing a broker that’s licensed and supervised by a reputable global regulator is essential. Fortunately traders and investors in Australia receive robust protections from the Australian Securities and Investments Commission (ASIC), which has overseen the country’s financial markets since 1998.
ASIC was established under the Australian Securities and Investments Commission Act 2001 (ASIC Act). According to its website, some of the organization’s tasks include:
- “promote confident and informed participation by investors and consumers in the financial system.”
- “maintain, facilitate and improve the performance of the financial system and entities in it.”
- “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.”
ASIC has been designated Category A status under BrokerListings.com’s Regulator Ranking System. This means traders and investors can expect robust protections from fraud and bad business practices.
Pro tip: Under licensing rules, brokerages in Australia must participate in the Compensation Scheme of Last Resort. This means clients can claim up to AUD$150,000 in compensation if the company becomes insolvent.
What Powers Does ASIC Have?
ASIC issues licenses to brokerages and – in its own words – has a variety of tools in its arsenal to “prevent and deter actual and future misconduct, improve standards and behaviors within our regulated population, and reduce the risk of harm to Australian consumers and investors.”
The organization closely monitors the conduct of financial services providers itself. But it also acts upon information provided by the general public, information from government agencies and other regulators, and statutory reports from entities including auditors.
Pro tip: Members of the public can make ASIC aware of potential wrongdoing by completing a misconduct form on its website.
The regulator can demand that people and brokers surrender documents, attend interviews and make statements under oath under its investigatory powers. It can also request warrants to seize records and seek court orders to freeze assets while carrying out enforcement work.
If it deems that misconduct has occurred, it has a variety of sanctions at its disposal. These include:
- Requiring firms and individuals to undertake corrective action (such as improving their compliance processes or paying clients compensation).
- Issuing financial penalties.
- Prohibiting people and companies from offering financial services temporarily or permanently.
- Suspending or cancelling financial services or credit licenses.
- Disqualifying individuals from holding management positions.
For more serious cases, ASIC will initiate court proceedings where it can seek to secure substantial fines or prison sentences.
The regulator banned or restricted 16 individuals from providing financial services during the second half of 2025, and issued 22 infringement notices and AUD$6.9m in infringement notice penalties. It also secured 13 custodial sentences through the courts.
What Rules Must An ASIC Broker Follow?
In order to secure and maintain an Australian Financial Services (AFS) License, brokerages must provide their financial services “efficiently, honestly and fairly.” The main piece of legislation underpinning these obligations is the Corporations Act 2001.
Key requirements under the Act include:
- Taking “reasonable steps to obtain the best outcome” for a client when handling and executing a transaction.
- Establishing the “objectives, financial situation and needs of the client” before providing advice.
- Ensuring that costs and charges are clearly displayed and “give a realistic impression of the overall level of fees and costs a consumer is likely to pay.”
- Implementing systems to avoid conflicts of interest, including controls that ensure client instructions “are given preference… over orders on the market participant’s own account.”
- Segregating customer funds and performing “an accurate reconciliation… of the aggregate balance held by it at the close of business on each business day in clients’ segregated accounts.”
- Maintaining “appropriate supervisory policies and procedures to ensure compliance.”
Pro tip: ASIC-licensed brokers are also required to provide negative balance protection on contracts for difference (CFDs). This important safeguard means traders and investors can’t lose more money than they deposit in their accounts.
How Can I Check That The Brokerage Is ASIC Approved?
Establishing a broker’s regulatory status can be done quickly using the online ‘ASIC Professional Registers Search.’ Individuals can search for financial services companies as well as individuals using this facility.
Let’s say I want to find out if Trade Nation is ASIC-approved. First, I’ll type the name of the company into the search bar of the register and hit ‘Search’:
Source: ASIC
My search brings up dozens of results, with the authorized broker I’m seeking listed at the top (‘Trade Nation Australia Pty Ltd’):
Source: ASIC
I click on it and am taken to the following page:
Source: ASIC
Here I can see Trade Nation’s full profile, which contains a wide range of details on the broker, including:
- Registered address.
- ASIC license number.
- Date of ASIC registration.
- Any previous names under which the company was under.
- The range of financial services it’s approved to provide.
Pro tip: ASIC also maintains a warning list of unlicensed entities it believes are targeting Australian consumers. It’s also possible to search for brokers that have been banned from providing financial services in the country.
Bottom Line
Using an ASIC-licensed broker can help investors avoid fraud and bad business practices. It has other benefits, too, such as access to compensation if the service provider goes bust.
Remember, though, that while ASIC’s supervision and enforcement actions provide valuable safeguards, they do not eliminate all risks. Always carefully look into the brokerage you’re considering – including checking investor forums and investing websites like BrokerListings.com – before submitting personal information or depositing any cash.