Trading forex and cryptocurrencies is very popular in Australia among residents and international traders looking to trade with an Australian-based broker. The best Australian brokers are all authorised by the Australian Securities & Investment Commission (ASIC), which is the main financial markets regulator in Australia. You can visit the ASIC’s website by navigating to asic.gov.au. You can also follow them on Twitter to stay updated of the latest Australian broker and market news at @ASIC-Connect.
ASIC is the follow up of the Australian Securities Commission, which is founded in 1991 and now dissolved. ASIC came in to place in 1998 as a national regulatory authority which reports to the treasurer and administers legislation for the Insurance Act of 1984, the Corporations Act of 2001 and the National Consumer Credit Protection Act of 2009. For more information about the ASIC, you can view this Wikipedia page.
Best Australian Brokers
|Broker||Bonus||Min Deposit||Payout||US Traders||Read / Submit Review||Get Started|
|30 day free demo trial||$200||3 to 5 business days||Read / Submit Review||Open free demo account|
|Free Low latency collocated VPS||$200||Within 2 working days||Read / Submit Review||Open free demo account|
|Active Trader program rebates paid daily||$200||Within 2 working days||Read / Submit Review||Open free demo account|
|Free Trade Notifications||$250||within 48 hours||Read / Submit Review||Open free demo account|