Wednesday 4 November 2026
Independent Broker Reviews & Financial News

Brokers by region

Brokers with an entity serving: Australia

The table shows the legal entity and regulation that apply to this region for each reviewed broker. Protections such as compensation schemes and leverage limits depend on the entity, so always check which entity would hold an account.

Entities and regulation

BrokerLegal entityRegulator and licenceScoreReview
AvaTrade Ava Capital Markets Australia Pty Ltd ASIC, AFSL 406684 (source: broker disclosure) 4.0 Read Review
Capital.com Capital Com Australia Pty Ltd (ABN 47 625 601 489) ASIC, AFSL 513393 (source: broker disclosure) 4.9 Read Review
CMC Markets CMC Markets Asia Pacific Pty Ltd ASIC, AFSL 238054 (source: broker disclosure) 4.2 Read Review
Eightcap Eightcap Pty Ltd ASIC, AFSL 391441 (source: broker disclosure) 4.2 Read Review
eToro eToro AUS Capital Limited ASIC, AFSL 491139 (source: broker disclosure) 3.8 Read Review
FP Markets First Prudential Markets Pty Ltd ASIC, AFSL 286354 (source: broker disclosure) 3.9 Read Review
FXCM Stratos Trading Pty. Limited ASIC, AFSL 309763 (source: broker disclosure) 3.8 Read Review
IC Markets International Capital Markets Pty Ltd ASIC, AFSL 335692 (source: broker disclosure) 3.8 Read Review
IG IG Australia Pty Ltd ASIC, AFSL 515106 (source: broker disclosure) 4.6 Read Review
Interactive Brokers Interactive Brokers Australia Pty Ltd ASIC, AFSL 453554 (source: broker disclosure) 4.7 Read Review
IUX IUX Markets AU Pty. Ltd. ASIC, Australian Financial Services Licence 529610; the broker states this entity does not provide products or services through iux.com (source: broker disclosure) 3.4 Read Review
OANDA OANDA Australia Pty Ltd ASIC, AFSL 412981 (source: broker disclosure) 2.9 Read Review

Broker reviews for this region

12 brokers

Capital.com

Reviewed
Editorial score 4.9 out of 5
Regulation
FCA 793714, CySEC 319/17 and 463/25, ASIC AFSL 513393, SCB SIA-F245
Read Review: Capital.com

Interactive Brokers

Reviewed
Editorial score 4.7 out of 5
Regulation
SEC/CFTC, FINRA member (US); FCA FRN 208159; CBI C423427; ASIC AFSL 453554
Read Review: Interactive Brokers

IG

Reviewed
Editorial score 4.6 out of 5
Regulation
FCA 195355, BaFin 148759, ASIC AFSL 515106, FSCA 41393, NFA 0509630 (tastyfx)
Read Review: IG

CMC Markets

Reviewed
Editorial score 4.2 out of 5
Regulation
FCA 173730, BaFin 154814, ASIC AFSL 238054, MAS CMS 100063, CIRO
Read Review: CMC Markets

Eightcap

Reviewed
Editorial score 4.2 out of 5
Regulation
ASIC AFSL 391441, FCA 921296, CySEC 246/14, SCB SIA-F220, FSA Seychelles SD100
Read Review: Eightcap

AvaTrade

Reviewed
Editorial score 4.0 out of 5
Regulation
CBI C53877, ASIC 406684, FSCA 45984, BVI FSC, ADGM FSRA 190018, FSA Japan
Read Review: AvaTrade

FP Markets

Reviewed
Editorial score 3.9 out of 5
Regulation
ASIC AFSL 286354, CySEC 371/18, CMA Kenya 193
Read Review: FP Markets

eToro

Reviewed
Editorial score 3.8 out of 5
Regulation
CySEC 109/10, FCA 583263, ASIC AFSL 491139, FSRA ADGM 220073, MAS CMS101824
Read Review: eToro

FXCM

Reviewed
Editorial score 3.8 out of 5
Regulation
FCA 217689, CySEC 392/20, ASIC AFSL 309763, FSCA 46534
Read Review: FXCM

IC Markets

Reviewed
Editorial score 3.8 out of 5
Regulation
ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018
Read Review: IC Markets

IUX

Reviewed
Editorial score 3.4 out of 5
Regulation
FSC Mauritius GB22200605; SVG 26183 BC 2021; Labuan FSA MB/25/0135 (iuxmarkets.com)
Read Review: IUX

OANDA

Reviewed
Editorial score 2.9 out of 5
Regulation
NFA 0325821, FCA 542574, ASIC AFSL 412981, KNF, BVI FSC SIBA/L/20/1130
Read Review: OANDA

This review is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Broker information may change after publication. Readers should verify regulatory status, product availability, fees and legal documentation through official sources before making any decision.