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Forex ASIC Brokers

IC Markets
Overall
Summary
Pros/Cons

IC Markets is a 52% trusted from users ratings

Regulators :AFSC
Country :Australia Australia
Established :2012
Max. Leverage :1:500
Trading Platform :MT4, MT5
US Clients :
Min. Deposit :200 EUR

Pros

  • Low forex fees
  • Easy and fast account opening

Cons

  • Slow live chat support
  • Limited product selection
Pepperstone
Overall
Summary
Pros/Cons

Pepperstone is a 72% trusted from users ratings

Regulators :ASIC, FCA
Country :Australia Australia
Established :2010
Max. Leverage :1:500
Trading Platform :MT4, MT5, cTrader
US Clients :
Min. Deposit :200 USD

Pros

  • They have plenty of forex currency pairs with 107 available.

Cons

  • Selection in other CFD assets is not strong for such a major broker.
Vantage FX
Overall
Summary
Pros/Cons

Vantage FX is a 62% trusted from users ratings

Regulators :ASIC, FCA, VFSC, CIMA
Country :Australia Australia
Established :2006
Max. Leverage :1:500
Trading Platform :WebTrader, MT4, MT5
US Clients :
Min. Deposit :100 USD

Pros

  • Wide range of instruments available
  • Good educational content
  • Low fees

Cons

  • High leverage not available for everyone
Z.Com Forex
Overall
Summary
Pros/Cons

Z.Com Forex is a 67% trusted from users ratings

Regulators :FCA, SFC
Country :Japan Japan
Established :2005
Max. Leverage :1:200
Trading Platform :MT4
US Clients :
Min. Deposit :0 USD

Pros

  • Powerful exchange architecture supports high speed execution
  • Benefit from analysis feeds, trading signals and strategies
  • Straight Through Order Processing (STP) Only, No Dealing Desk

Cons

    FxPro
    Overall
    Summary
    Pros/Cons

    FxPro is a 81% trusted from users ratings

    Regulators :CySEC, FCA
    Country :United Kingdom United Kingdom
    Established :2006
    Max. Leverage :1:500
    Trading Platform :MT4, MT5, cTrader
    US Clients :
    Min. Deposit :100 USD

    Pros

    • Regulated with several different bodies

    Cons

    • Does not offer its services in all countries due to legal jurisdictions
    Instaforex
    Overall
    Summary
    Pros/Cons

    Instaforex is a 59% trusted from users ratings

    Regulators :ACPR
    Country :Russia Russia
    Established :2007
    Max. Leverage :1:1000
    Trading Platform :MT4
    US Clients :
    Min. Deposit :1 USD

    Pros

    • Choice of accounts and platforms
    • Highly regulated
    • Beginner-friendly
    • Offers in-depth education

    Cons

    • Spreads are high
    MTrading
    Overall
    Summary
    Pros/Cons

    MTrading is a 54% trusted from users ratings

    Regulators :IFSC
    Country :Belize Belize
    Established :2001
    Max. Leverage :1:1000
    Trading Platform :MT4
    US Clients :
    Min. Deposit :1 USD

    Pros

    • Highly regulated
    • Provides many types of trading platforms
    • High maximum leverage

    Cons

    • No weekend customer service support
    • No standalone research tools
    Infinox
    Overall
    Summary
    Pros/Cons

    Infinox is a 64% trusted from users ratings

    Regulators :FCA
    Country :United Kingdom United Kingdom
    Established :2009
    Max. Leverage :1:2
    Trading Platform :MT4
    US Clients :
    Min. Deposit :1000 USD

    Pros

    • Demo account
    • Islamic Account
    • Member of FSCA

    Cons

    • High Commissions
    • Limited Trading Instruments
    • No PAMM Accounts