As there are literally hundreds of Australian Forex brokers offering their service to Aussie traders, it is a rather difficult and time-consuming task to pick the right broker if you are based in Australia. In order to make it easier for our readers, Our team has spent significant time researching the best ASIC regulated brokers in Australia. You can take a look at our comparison table of top Forex brokers in Australia to pick the right online trading broker …Read More
Australia emerged as the popular trading hub in recent years. The latest restrictions in European countries attracted forex brokers to the Australian market. Get your brokerage needs sorted out by taking Australian forex brokers’ services. But, hire an ASIC (Australian Securities and Investments Commission) certified broker.
Wondering, why an ASIC certified broker? They guarantee the security of the financial transactions of the customers. Moreover, brokers holding a license from the ASIC ensures overall market fairness. They help beginners as well as experienced traders.
But, why opt for ASIC regulated brokers? Let us dig in to know more details.
ASIC is an Australian regulatory body renamed in the year 1998 from the previous “Australian Securities Commission.” ASIC overlooks the functioning of the financial and trading sector. It oversees industries like:
The role of ASIC is stated as under:
Honesty and good traits make ASIC forex brokers the first choice for the traders. They stand in the league of best brokers Australia. So, let’s see why you must choose one of them.
The Australian forex brokers are abreast of the latest rules and regulations set by ASIC. They conduct smooth market operations without any loopholes. These brokers are considered equal with Australian regulatory bodies like NFA and FCA. A few benefits of choosing them include:
Getting brokerage services from broker regulated by ASIC infuses a high level of trust among customers. Investors get updated information on the latest trading activities. If any unlawful activity is noticed, ASIC takes quick action. These strategic activities instil reliability and trustworthiness on forex brokers licensed by ASIC.
The ASIC regulates all brokers that we list here.
Here is our list of the best brokers Australia:
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