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Australian Forex Brokers (Best FX Brokers)

ASIC closely follows the situation with the forex brokers that offer trading to Australian citizens, tries to make sure that no unauthorised brokers will trick Australians into thinking that they are legitimate. This is available during the same hours as the call centre team. As a result, whenever the price of gold rises or falls, the AUD goes along for the ride. Binary options works by predicting if in the near-future a price will be above or below a specified level. Litecoin This was launched after Bitcoin in If you have experience with reading financial charts or if you have traded stocks, commodities or bonds previously, you will find a lot of similarities but also some differences.

FXCM Australia Pty. Limited (FXCM) is a leading online forex trading and CFD broker in Australia. Sign up for a risk-free demo account and trade forex 24/5.

Australia: Facts, Figures, and Features

Forex trading is proving to be popular in Australia and the Australian Securities and Investment Commission ASIC are the regulatory body tasked with overseeing all currency trading activities. This is despite your transactions taking place online. There are no exceptions to the rule, and all brokers, even those located overseas, are required to have a license to provide services to Australians. If you require more information, the Corporations Act of sets out the terms of that regulation.

We do not provide financial services of any sort to Australia. All entities providing financial services to Australia are required to have an Australian Financial Services License and there are licensed forex brokers offering services to Australians. Due to the high financial risks of trading, all traders are encouraged to research and form your opinions before trading anywhere, regardless of your location.

See below for a list of Forex brokers we trust for traders outside of Australia. Recommended Forex Brokers for all Traders We recommend that you choose wisely. Select the right partner by doing the right research. My funds have more than doubled in four months and I have been able to withdraw money quickly and easily. My account manger is always been available with helpful advice when needed. Exactly what I want from my Broker. I have been trading with Synergy FX for about 4 years. They are always so helpful.

The Ichi Scalper EA is excellent the whole round year. It's hard to find a broker that has an EA for customer to trade. Amazing - Very helpful from the start! Made quick money with very little experience. I've been running their Ichi Scalper expert advisor for quite a while now and couldn't be happier.

Customer service is great, my account manager is readily available even though I'm on UK time and I'm now taking full advantage of their new education resource.

True ECN Spreads from 0. Segregated Accounts with AA Banks. Equinix Servers in New York. Ultra Fast Order Execution. Liquidity from 20 Global Banks. No Dealing Desk to Manipulate Price. Industry Leading Referrer Payments. True ECN raw spreads from 0. Variable spreads starting from 1.

Foreign exchange and derivatives trading carry a high level of risk. Before you decide to trade foreign exchange, we encourage you to consider your investment objectives, your risk tolerance and trading experience. It is possible to lose more than your initial investment, so do not invest money you cannot afford to lose. Seek advice from an independent financial or tax advisor if you have any questions.

Synergy Financial Markets Pty Ltd has made every reasonable effort to ensure the information provided is correct, but Synergy Financial Markets Pty Ltd makes no representation nor any warranty as to whether the information is accurate, complete or up to date.

Forex Trading in Australia

Forex Online Trading in Australia. Before you get started with Forex or Foreign Exchange, you really need to ask and understand “What is Forex Online trading and why does it matter?” In simple terms, it is currency trading. It is a decentralised global marketplace where all of the currencies in the world trade. FX Australia is a guide to Forex trading written by experienced Forex traders for new Forex traders. To teach new traders how it works, we feature broker reviews, share insights from our own personal trading experience, and have an education section full good reading. Thank you for visiting Following last year's acquisition of City Index, GAIN Capital has consolidated its retail brand,, under City Index in Australia.