Top 10 Forex Brokers In Australia

We’ve recognized AvaTrade as a top broker for day trading, thanks to their favorable conditions, including fixed spreads from 0.90 pips on EUR/USD. This stability allows day traders to operate with confidence, even during volatile news events, knowing their spreads won’t suddenly widen.

The AvaTradeGO platform is a standout feature for day traders, offering a rich toolkit of over 90 indicators, trading signals, and a market sentiment indicator—all designed to help you accurately gauge intraday market direction.

What sets AvaTrade apart is its comprehensive educational resources and strong focus on user-friendly trading. They make it easy for beginners to get started, while also providing advanced tools and features for experienced traders. With access to a broad selection of assets, including forex, cryptocurrencies, and stocks, AvaTrade offers ample opportunities for portfolio diversification. Their commitment to customer support and regulatory compliance further solidifies their position as a reliable choice for Australian traders

AvaTrade is a globally recognized online broker offering a comprehensive suite of trading instruments, including forex, cryptocurrencies, stocks, commodities, and indices. Established in 2006, AvaTrade has built a reputation for providing a user-friendly trading environment and robust educational resources, making it accessible to both beginner and experienced traders.  

AvaTrade stands out with its diverse platform options, including MetaTrader 4 and 5, its proprietary AvaTradeGO mobile app, and specialized platforms like AvaOptions. They are well-regarded for offering competitive fixed spreads, which are particularly beneficial for day traders seeking stability during volatile market conditions.  

Regulated across multiple jurisdictions, AvaTrade emphasizes security and transparency, ensuring client funds are protected.

Their commitment to innovation is evident in features like AvaProtect, a risk management tool that allows traders to safeguard their trades. AvaTrade is known as a very strong broker for day trading, and provides a large amount of indicators on the AvaTradeGO platform, as well as trading signals, and a market sentiment indicator.

Vantage distinguishes itself with a strong offering for traders seeking tight spreads and diverse platform options. Their Raw ECN accounts deliver exceptionally competitive spreads, often starting from 0.0 pips, catering to those who prioritize minimal trading costs.

Vantage provides access to popular platforms like MetaTrader 4 and 5, as well as their own Vantage App. This versatility allows traders to select the environment that best suits their strategy.

Furthermore, Vantage’s commitment to providing a user-friendly trading experience, combined with their access to a wide range of markets, makes them a compelling choice. While always check the terms and conditions, Vantage’s low minimum deposits, on certain account types, can also be a strong draw for newer traders.

Vantage is a multi-asset online broker providing access to a wide range of markets, including forex, commodities, indices, and shares. Known for its focus on delivering a seamless trading experience, Vantage caters to both retail and professional traders.

Vantage excels in providing traders with optimal trading conditions, notably through its Raw ECN accounts, which offer tight spreads and fast execution speeds. They provide access to popular trading platforms like MetaTrader 4 and 5, as well as their own mobile app, and social trading platforms, ensuring flexibility for diverse trading styles.

Regulated in multiple jurisdictions, Vantage emphasizes transparency and security, providing clients with a reliable trading environment. They are committed to providing access to deep liquidity and advanced trading tools, enabling traders to execute their strategies effectively. Vantage’s focus on technology and customer support makes them a compelling choice for traders seeking a robust and efficient trading platform. They provide a large range of tradable assets, and offer access to social trading platforms.

We picked iC Trading as the best broker for low spreads after testing showed they average 0.73 pips for EUR/USD (the best in the industry). Other notable features include top trading platforms like MetaTrader 4 and 5, cTrader and TradingView, 2250+ trading instruments, and 24/7 customer services.

IC Trading is one of the largest brokers in the world with 500,000 trades per day of which 60% are done using algorithms. This achievement shows the broker’s popularity with experienced traders and scalpers who choose brokers with low spreads.

IC Trading, widely known as IC Markets, has carved out a reputation as a specialist in providing exceptional trading conditions for active traders and scalpers. Their core strength lies in delivering ultra-tight spreads, particularly through their Raw Spread accounts, which connect directly to deep liquidity pools.

IC Markets is renowned for its commitment to transparency and execution speed. They offer access to industry-leading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, catering to diverse trading strategies. With a focus on raw pricing and minimal intervention, they aim to provide a trading environment that mirrors institutional-grade execution.

They are a very large broker, and process a very large amount of trades per day, which shows their popularity with experienced traders. IC Markets is a broker that is well known for providing some of the lowest spreads in the industry. They offer a very large amount of tradeable insturments, and 24/7 customer support.

FP Markets stands out as an excellent choice for scalping, largely due to their exceptionally fast market order execution speeds, averaging 96ms, and tight spreads starting from 0.10 pips on their Raw account. These conditions are ideal for traders who rely on quick entries and exits to capitalize on small price movements.

We’ve found that FP Markets provides top-tier scalping conditions, further enhanced by the option to utilize a ForexVPS for even lower latency. Their platform offerings, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, are perfectly suited for scalping strategies. These platforms boast features like one-click trading, rapid order processing, and access to Depth of Market tools, which are essential for advanced order flow analysis.

FP Markets has established itself as a broker of choice for traders who demand precision and speed. With a strong emphasis on providing optimal conditions for scalping and high-frequency trading, they offer exceptionally fast market order execution and tight spreads, particularly on their Raw accounts.

FP Markets shines as a broker tailored for high-performance traders. Beyond platform access, they excel in delivering a low-latency trading experience, crucial for traders who depend on rapid execution and minimal slippage. This focus, coupled with their robust infrastructure and commitment to transparency, positions FP Markets as a reliable partner for those who prioritize speed and efficiency in their trading.

FP Markets is committed to transparency and regulatory compliance, providing a secure trading environment. They are dedicated to empowering traders with the tools and resources necessary to succeed in the financial markets. They are a very strong broker for scalping, and provide very fast market order execution speeds. They also provide a large selection of trading platforms.

GO Markets is a strong contender for forex traders seeking a reliable and feature-rich trading experience. Their commitment to providing competitive spreads, particularly through their GO Plus+ account, makes them an attractive option for traders focused on minimizing costs.  

GO Markets offers access to the widely popular MetaTrader 4 and 5 platforms, ensuring traders have access to robust charting tools and a range of technical indicators. Their focus on providing a user-friendly trading environment caters to both novice and experienced traders.

GO Markets has built a solid reputation as a reliable and transparent forex and CFD broker, particularly appealing to Australian traders. They focus on delivering a straightforward and efficient trading experience, prioritizing competitive pricing and robust platform access.

GO Markets prioritizes transparent spread information, enabling traders to make well-informed decisions. Their GO Plus+ account offers particularly tight spreads, catering to those seeking optimal trading costs. They are also known for their strong customer support.

GO Markets provides access to the popular MetaTrader 4 and 5 platforms, ensuring traders have access to familiar and feature-rich tools. With a focus on regulatory compliance and a user-friendly approach, GO Markets is a trusted choice for traders seeking a dependable and accessible trading partner.

Admirals offers a comprehensive trading experience, making them a strong choice for a wide range of traders. Their diverse account options, especially the Zero accounts, provide access to exceptionally tight spreads, catering to those who prioritize low trading costs.

Beyond platforms and spreads, Admirals excels in providing educational resources and market analysis, supporting traders in their ongoing development. Their commitment to regulatory compliance and customer support further solidifies their position as a trusted and reliable broker. Their ability to provide very tight spreads, combined with a large range of trading platforms, makes them a very strong broker.

Admirals is a globally recognized online broker that empowers traders with a comprehensive suite of trading tools, educational resources, and diverse account options. They stand out for their commitment to providing a well-rounded trading experience, catering to both novice and experienced traders.

Admirals provides a comprehensive trading experience, highlighted by their robust platform offerings: MetaTrader 4, MetaTrader 5, WebTrader, and their mobile app, all enhanced by the powerful MetaTrader Supreme Edition. This extensive platform selection, combined with their focus on providing in-depth market analysis and educational materials, makes them a valuable partner for traders seeking to expand their knowledge and refine their strategies.

Beyond platforms and education, Admirals prioritizes transparency and regulatory compliance, ensuring a secure and reliable trading environment. Their diverse account types, particularly the Zero accounts, offer competitive spreads, appealing to cost-conscious traders. Admirals is dedicated to providing a trading environment that fosters growth and success, making them a compelling choice for traders seeking a comprehensive and supportive broker.