Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025
We’ve personally tested and ranked the top brokers regulated by the Australian Securities and Investments Commission (ASIC), ensuring high standards of trust and reliability.
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1Moomoo 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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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9 Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 Pepperstone, established in Australia in 2010, is a highly-regarded forex and CFD broker serving more than 400,000 international clients. It provides access to over 1,300 instruments through leading trading platforms such as MT4, MT5, cTrader, and TradingView, while keeping fees relatively low and transparent. The company is regulated by known authorities including FCA, ASIC, and CySEC, offering a safe trading environment for all. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Eightcap is an award-winning, FCA-regulated broker with low trading fees. They are highly rated by TradingView’s users, who can trade directly on the platform. UK traders can open a live account with a £100 minimum deposit. Eightcap is a multi-regulated forex and CFD broker founded in Australia in 2009. It is popular with active traders, offering 800+ instruments, tight spreads, and improvements like the TradingView platform, AI-powered financial calendars, and algo trading tools that require no coding experience.
Compare Brokers
Safety Comparison
Compare how safe the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025.
Comparison for Beginners
Compare how suitable the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025.
Detailed Rating Comparison
Compare how we rated the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025.
Broker Popularity
See how popular the Best Australian Securities and Investments Commission (ASIC) Regulated Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Moomoo |
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| Pepperstone |
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| AvaTrade |
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| IC Markets |
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| Eightcap |
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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
- The broker provides early access to trading hours before the market opens.
- The broker requires no minimum deposit, making it suitable for beginner traders.
- The fees for options contracts have been lowered from $0.65 to $0.
Cons
- 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).
- The broker doesn't offer phone or live chat support, options typically provided by other brokers.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
Cons
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets provides some of the smallest spreads in the industry, offering 0.0-pip spreads on major currency pairs. This makes trading particularly cost-efficient for traders.
- You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
Cons
- Despite having four top-tier third-party platforms, there is no in-house software or trading app specifically designed for new traders.
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
- IC Markets have a selection of metals and cryptos for trading through CFDs, but their range is not as wide as brokers such as eToro. This may limit options for traders who are interested in these asset types.
Why Trade With Pepperstone?
Pepperstone is a leading choice for trading with low spreads, quick execution, and advanced charting for experienced traders. New traders benefit from no minimum deposit, a wealth of educational resources, and 24/7 support. Operating under ASIC regulation, Pepperstone is a top option for Australian traders and won DayTrading.com's 'Best Aus Broker' award for 2025.
Pros
- Pepperstone is a low-cost broker, ideal for serious traders. The Razor account offers spreads from 0.0, with rebates up to 30% for indices and commodities, and $3 per lot for forex through the Active Trader program.
- Pepperstone has won several annual DayTrading.com awards, including 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner-up in 2025.
- Support for numerous top-charting platforms such as MT4, MT5, TradingView, and cTrader. These cater to different short-term trading styles, including algorithmic trading.
Cons
- Despite expanding its market range, crypto options are limited compared to other brokers in this area, and there is no option to invest in actual coins.
- Pepperstone does not support cTrader Copy, a popular feature in the cTrader platform available at alternatives like IC Markets, though it has launched an intuitive copy trading app.
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
Why Trade With Eightcap?
Eightcap provides all necessary resources for traders, including an expanding array of charting platforms, educational programs in Labs, and the integration of AI-powered tools. With the addition of more than 120 cryptocurrency Contracts for Difference (CFDs), it has established itself as a preferred option for crypto trading. It has received our 'Best Crypto Broker' award consecutively for two years.
Pros
- Eightcap excels by offering robust trading tools and resources, such as MT4, MT5, and the 100-million-member TradingView social trading network.
- In 2021, Eightcap expanded its offerings to include a wide range of cryptocurrency CFDs. They now offer pairs of cryptocurrency to fiat currency, cryptocurrency to cryptocurrency, along with cryptocurrency indices for more comprehensive market exposure.
- Eightcap offers trading conditions that are both affordable and adaptable. They feature no spread charges, minimal commission fees, and offer high leverage of up to 1:500 for some clients. These flexible conditions cater to a variety of trading strategies.
Cons
- Eightcap does not provide popular tools like Autochartist or Trading Central. These tools are known for their advanced charting analytics, live news, and market insights for traders.
- The demo account expires in 30 days and can only be renewed if requested. This is less convenient compared to XM, which offers an unlimited demo mode.
- While Eightcap's Labs offers a valuable collection of educational guides and e-books, it still falls behind IG's extensive resources for traders, including the IG Academy app and 18 different course categories.
Filters
Are You an Australian Looking for a Safe Online Trading Platform?
If you’re in Australia and want a secure place to trade online, start by choosing a broker regulated by the Australian Securities & Investments Commission (ASIC).
Why Pick an ASIC-Regulated Broker?
Since it began in 1991, ASIC has been a reliable financial watchdog, ensuring brokers uphold high standards. They have an “Investor Alert List” and have been ranked highly for regulation and trust by brokerlistings.com.
When you trade with an ASIC-regulated broker, here’s what you can expect:
- Protection of your money through segregation with major banks to stop misuse by brokers.
- Clarity about risks, like the percentage of clients who lose money with CFDs, so you can make smarter choices.
- Transparency in trade execution, meaning fair deals which are essential for quick trading strategies.
- Negative balance protection so you won’t lose more than you initially invest.
- Limits on leverage to keep risks lower, such as 1:30 for major currency pairs like AUD/USD.
- An easy way to resolve disputes through the Australian Financial Complaints Authority (AFCA).
How We Find the Best ASIC Brokers
To find the top ASIC-regulated trading platforms, we:
- Checked our list of brokers that claim ASIC regulation.
- Verified these claims using ASIC Connect.
- Combined this data with our own tests and over 200 data entries to rank them.
Checking If Your Broker Is ASIC-Regulated
To see if your broker is regulated by ASIC, follow these steps:
- Go to the ASIC Connect website and select “Search our registers.”
- Choose “Search ASIC’s registers” to look for financial services providers in Australia.
- Enter your broker’s name, company name, or their license number to access their details.
- Verify their status is “Registered” or “Active,” showing they are ASIC-regulated.
- Cross-check the license details with what’s shown on your broker’s website, often found in the footer.
Example: Verifying IC Markets
IC Markets is well-known in Australia, but checking their ASIC status is quick. Here’s how you do it:
I visited ASIC Connect, went to the “Australian Financial Services Licensee” Register, and entered “IC Markets” or “International Capital Markets Pty Ltd.”
Checking their details showed they are ASIC-registered, and I confirmed this with their license number on their website, ensuring it’s the same on ASIC’s site (license number 335692).
You can also watch our video guide on this process: https://youtu.be/o20PL6IMgZs
Understanding ASIC
ASIC, the Australian Securities and Investments Commission, was set up in 1991 to ensure fair and transparent financial markets. In response to financial issues, ASIC emerged as the comprehensive regulator for Australia’s finance sector.
ASIC licenses and enforces laws for financial businesses, investigates complaints, and can take legal action against misconduct, ensuring everyone in the market operates fairly.
ASIC’s Powers
ASIC has strong tools to oversee financial laws and maintain order in the markets:
- Licensing: ASIC licenses only qualified businesses to operate, ensuring brokers meet standards in Australia.
- Investigation: ASIC can look into suspected rule-breaking, gathering evidence and interviewing people involved.
- Enforcement: If rules are broken, ASIC can impose fines, revoke licenses, and even pursue legal charges.
- Regulation: ASIC sets standards for corporate behavior and can enforce specific conditions on operations.
- Banning: ASIC can ban dishonest individuals from managing companies or offering financial services.
- Protection Initiatives: ASIC requires brokers to adopt better practices for consumer protection.
Rules for ASIC-Approved Brokers
Brokers under ASIC’s regulation must comply with several rules to ensure transparency and consumer protection:
- Licensing: Brokers need an Australian Financial Services (AFS) license to operate.
- Client Money: Brokers must keep client money separate from their own funds.
- Disclosure: Brokers should clearly explain their fees, services, and risks to potential clients.
- Conduct: Brokers must operate honestly and avoid deceptive actions.
- Warnings: Brokers must inform clients of risks, especially for high-risk products like CFDs.
- Reporting: ASIC requires brokers to submit financial reports for transparency.
- Dispute Resolution: Brokers must have clear methods for resolving client complaints, often through AFCA.
- Training: Brokers need to ensure their staff is well-trained to offer sound financial advice.
How ASIC Protects Traders
For those trading CFDs in Australia, there are specific ASIC rules to protect retail traders:
- Leverage Limits: There are caps on leverage (e.g., 1:30 for forex), reducing the risk of big losses.
- Negative Balance Protection: Traders can’t lose more money than they initially put in.
- Risk Warnings: Brokers display clear warnings about the risks of CFDs.
- Margin Close-Outs: Trades are closed if funds fall to 50% of the margin needed to prevent larger losses.
- No Inducements: Brokers can’t offer bonuses or “free” trading schemes to lure in traders.
- Enhanced Disclosures: Detailed trading information must be given to understand all risks involved.
ASIC’s Track Record on Fines
ASIC is known for tough enforcement against non-compliant brokers. Here are some examples:
- Interactive Brokers (2023): Fined $832,500 for negligent behavior related to suspicious trading.
- Openmarkets (2023): Fined $4.5 million for not having proper systems to detect price manipulation.
- Forex Capital Trading (2020): Fined $20 million for various breaches, including unfair client practices.
Bottom Line
ASIC consistently introduces rules to protect retail investors by regulating online brokers heavily. Always verify your broker’s status with ASIC to ensure your investments are in safe hands. To find trustworthy regulated brokers, check out the recommendations on brokerlistings.com.