ASIC Australia Regulated Forex Brokers

The Forex Brokers, financial organizations, and investment firms in Australia are all regulated by the ‘Australian Securities and Investment Commission’ (ASIC) which is a self-reliant governmental regulatory body established in 1998. The priority of the ASIC is to guarantee a healthy, transparent, and productive market environment as well as prevent any illegal financial activities. The ASIC strives to promote investors’ certainty towards the Australian Market by administrating the full strength of the law to the authorized firms. In 2009, the ASIC also assumed the ‘Australian Stock Exchange’ as part of its responsibilities. The ASIC aims to eradicate fraudulent activities regarding the offered financial services by informing the public and updating its overall supervisory framework. Below you can find the list of leading Australian ASIC regulated Forex brokers.

# Forex Broker Year Regulator
1 XM XM 2009 ASIC, CySEC, IFSC
2 Admiral Markets Admiral Markets 2001 ASIC, CySEC, FCA, MiFID
3 Marketscom Marketscom 2008 ASIC, CySEC, FCA, FSCA
4 City Index City Index 1983 ASIC, FCA, FSA, IIROC, MAS, NFA
5 MultiBank MultiBank 2005 ASIC, BaFin, FMA, CNMV, FSC, CIMA, RAK
6 AvaTrade AvaTrade 2006 ASIC, BVI, CBI, FSCA
7 Pepperstone Pepperstone 2010 ASIC, FCA
8 USGFX USGFX 2006 ASIC, FCA
9 EightCap EightCap 2009 ASIC
10 GO Markets GO Markets 2006 ASIC

How to Verify ASIC Authorisation

To identify if a forex broker is regulated by ASIC, the first step is to identify the name of the entity from the disclosure text on the broker's homepage. For example, here's the key disclosure text from XM's website.

XM holds a banking license issued by its supervisory authority the ASIC.
Next, look up the firm on the list of supervised institutions listed on ASIC's website to validate the firm's current regulatory status. Here is the official ASIC page.

Still not sure which broker? For a tailored recommendation, you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

ASIC confirms the voluntary suspension of the FXTG licence

ASIC confirms the voluntary suspension of the FXTG licence

The Australian Securities and Investments Commission (ASIC), the financial services industry watchdog in the jurisdiction of Australia, has just publicly announced that Forex TG Pty Ltd, the parent company of forex broker FXTG, has voluntarily requested that ASIC temporarily suspend its Australia...…

Published: Thursday 29 October, 2015

IronFX forced by ASIC to correct its disclosure

IronFX forced by ASIC to correct its disclosure

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Published: Thursday 29 October, 2015

Australian regulator considers capping leverage for retail forex trading

Australian regulator considers capping leverage for retail forex trading

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Published: Thursday 29 October, 2015

Invast Financial Services fined by ASIC for making misleading representations

Invast Financial Services fined by ASIC for making misleading representations

According to an official announcement released today by the Australian Securities and Investment Commission (ASIC) and following the issuance of two infringement notices for alleged misleading representation, the amount of $20,400 in penalties was paid by Invast Financial Services Pty Ltd (Invast...…

Published: Thursday 29 October, 2015