Forex trading in Australia
Know the top Forex and Binary options brokers in Australia for 2021, their trading conditions and bonus offers
In the last two decades Forex trading in the world has became very popular and today trillions of people across the globe trade Forex with a view to earn profits from this highly potential market. Forex trading is widespread and booming in Australia, thanks to the Nation's liberal laws on Forex trading and yet adequate regulation by it's regulatory authority, ASIC. A Forex or binary broker can accept traders from Australia only when it's authorised and regulated by Australian Securities & Investment Commission (ASIC).
There are many competent brokers regulated by ASIC and offering trading services in Australia but we will not be listing all of them here. We have scanned many good brokers, their trading conditions, bonuses and promotions, quality of order execution, financial strength and other factors and listed below the Top Forex brokers in Australia for 2021
Top Forex brokers- Australia- 2021
Min deposit
Withdrawal time
1.
Avatrade
Avatrade was founded in 2006 as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
With consistent efforts to grow and improve today Avatrade has over 300,000 Happy Traders and Counting. AvaTrade was among the first Forex brokers to introduce CFD trading on commodities, indices and stocks.
$100
Withdrawals are usually processed within 4-12 hrs but sometimes may take up to 48 working hours.
Payment methods
Bank Wire, Credit card, Debit card, Skrill, Neteller, Webmoney.
Regulated by ASIC
Min deposit
Withdrawal time
2.
Binomo
Binomo was established in 2014 with a view of creating new possibilities in the market of leading trading technologies.
With consistent efforts to improve it's service and get better, Binomo today has traders from 133 countries and over 833090 traders trade daily with Binomo.
$10
Withdrawals are normally processed within 24 hours but sometimes it may take up to 3 days. Withdrawals for VIP clients are normally processed within 4 hours.
Payment methods
Credit card, Debit card, Neteller, Webmoney, Perfectmoney, Jeton wallet, Astropay, Globepay, Advcash, Internet banking, UPI, Paytm.
Member of The Financial Commission
Min deposit
Withdrawal time
3.
Deriv
The story of Deriv starts in 1999. The Regent Markets Group is born, funded by Regent Pacific Group Ltd., a company listed on the Hong Kong Stock Exchange. Regent Markets was established with a mission to make online trading accessible to the masses.
Marking it's remarkable growth and 20 years of dedicated service, Deriv today has over 20 million trading accounts opened and the trading turnover reached over 8 Billion UsD
$5
Withdrawals are processed within 1 working day.
Payment methods
Bank Wire, Credit card, Debit card, Skrill, Neteller, Webmoney, Fasapay, Perfect Money, Qiwi, Paysafe, Jeton Wallet, Sticpay, Airtm, Deriv payment agents, bitcoin.
Member of The Financial Commission
Min deposit
Withdrawal time
4.
Fxopen
Fxopen was founded as an educational center offering courses in the field of technical analyses and financial markets. The launch of brokerage services in 2005 was a natural progression to satisfy the growing need for fair and transparent trading conditions combined with excellent customer support.
FXOpen was the first Forex broker to offer its clients ECN trading via the Meta Trader 4 terminal. And with FXOpen's unique proprietary price aggregating technology, traders can benefit from the industry's most competitive spreads and low trading commissions.
$1
Withdrawals via electronic payment systems are usually processed within 1 business day. Bank wire transfers may take 1-3 business days.
Payment methods
Bank Wire, Credit card, Debit card, Webmoney, Perfect Money, CashU, Qiwi wallet, Epay, AdvCash, Airtm, Intellect money, FasaPay, Yandex Money, Instant local bank transfer,
Regulated by ASIC
Min deposit
Withdrawal time
5.
Roboforex
Roboforex was established in 2009 by a team of professionals, who are ready to share their experience and knowledge with wide audience of traders.
Roboforex has over 800000 clients from over 169 countries and is the winner of more than 10 prestigious awards.
$5
Withdrawals by electronic payment systems are usually processed instantly by Roboforex. If a withdrawal is not executed instantly, it will be processed within 24 hours. Bank payments are processed within 3 working days.
Payment methods
Bank Wire, Credit card, Debit card, Skrill, Neteller, Webmoney, Perfectmoney, Astropay, Fasapay, Advcash, Local bank transfer, UPI, Bitcoin.
Member of The Financial Commission
Min deposit
Withdrawal time
6.
XM Group
XM, established in 2009, is acclaimed for is transparency, what you see is what you get, with no hidden terms.
XM is a globally renowned Forex broker with over 3,500,000 clients from 196 countries, staff speaking over 30 languages, over 2,400,000,000 trades executed with zero requotes or rejections.
$5
XM group is trusted by traders across the globe for safe and hassle free withdrawals. Withdrawals are processed by Xm within 24 hours, usually in a few hours.
Payment methods
Bank Wire, Credit card, Debit card, Skrill, Neteller, Webmoney, Online bank transfer.
Regulated by ASIC