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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

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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

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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

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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

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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

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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

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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

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