Best Australian Securities and Investments Commission (ASIC) Brokers 2026

Are you an Aussie looking for a secure online trading environment? If so, choosing a broker regulated by the Australian Securities & Investments Commission (ASIC) is a vital first step.

Since launching in 1991, it’s proven a robust financial regulator, increasingly holding brokers to a high standard, adding an Investor Alert List, and securing ‘green tier’ status in DayTrading.com’s Regulation & Trust Rating.

Day trade with an ASIC-regulated broker and you can expect:

Best ASIC Brokers

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Since evaluating AvaTrade, our first ASIC-regulated broker in 2017, we’ve personally tested 143 trading platforms, and these 6 stand out as the superior options if you want an ASIC broker in October 2026:

Tested with a live trading account Accepts traders from Belgium Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Belgium
   1

   Eightcap

   4.6/ 5

   Visit Eightcap Read review
   • Demo account
   • Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
   • Platforms: MT4, MT5, TradingView, TradeLocker
   71.28% of retail traders lose money when trading CFDs
2. 2

   FBS

   4.3/ 5

   Visit FBS Read review
   • Demo account
   • Instruments: CFDs, Forex, Indices, Shares, Commodities
   • Regulator: ASIC, CySEC, FSCA, FSC
3. 3

   eToro

   4.0/ 5

   Visit eToro Read review
   • Demo account
   • Platforms: eToro Web, CopyTrader, TradingCentral
   • Min. deposit: $50
   61% of retail CFD accounts lose money. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
4. 4

   Vantage

   4.7/ 5

   Visit Vantage Read review
   • Demo account
   • Regulator: FCA, ASIC, FSCA, VFSC, CIMA
   • Min. deposit: $50
5. 5

   Ingot Brokers

   4.3/ 5

   Visit Ingot Brokers Read review
   • Demo account
   • Regulator: ASIC, CySEC, JSC, FSA, CMA-Kenya
   • Platforms: MT4, MT5
6. 6

   GO Markets

   4.6/ 5

   Visit GO Markets Read review
   • Demo account
   • Regulator: ASIC, CySEC, FSC, FSA
   • Platforms: GO TradeX™, MT4, MT5, cTrader, TradingView

Learn how we test brokers and why you can trust our ratings.

Here is a summary of why we recommend these brokers in October 2026:

1. Eightcap 4.6/5 Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
2. FBS 4.3/5 Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
3. eToro 4.0/5 eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 61% of retail CFD accounts lose money.
4. Vantage 4.7/5 Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to millions of clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
5. Ingot Brokers 4.3/5 Ingot Brokers is a multi-regulated brokerage established in 2006. The broker offers CFD trading opportunities on 1000+ instruments including forex, stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers both raw spreads and commission-free account options.
6. GO Markets 4.6/5 Established in 2006, GO Markets is an award-winning CFD broker offering a choice of accounts, pricing models and reliable execution, catering to active traders. We’ve been impressed with their continuous product updates over the years, notably the introduction of MT5 and TradingView, new stock CFDs, a PAMM service, plus local payment options for traders in Latin America.

ASIC Brokers Comparison

ASIC Brokers Comparison

Broker	ASIC Regulated	AUD Account	Minimum Deposit	Markets	Platforms	Leverage
Eightcap	1	✔Yes	$100	CFDs in Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, TradingView, TradeLocker	1:30
FBS	1	✔Yes	$5	CFDs, Forex, Indices, Shares, Commodities	FBS App, MT4, MT5	1:30
eToro	1	✔Yes	$50	CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs	eToro Web, CopyTrader, TradingCentral	1:30
Vantage	1	✔Yes	$50	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds	ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade	1:500
Ingot Brokers	1	✔Yes	$10	CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies	MT4, MT5	1:30
GO Markets	1	✔Yes	$0	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto	GO TradeX™, MT4, MT5, cTrader, TradingView	1:500

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
Eightcap	4.0 / 5	4.1 / 5	3908	4.8 / 5	4.4 / 5
FBS	4.6 / 5	4.3 / 5	10166	4.6 / 5	4.9 / 5
eToro	4.3 / 5	4.0 / 5	32195	4.0 / 5	3.8 / 5
Vantage	4.1 / 5	4.4 / 5	15581	3.6 / 5	3.9 / 5
Ingot Brokers	3.0 / 5	3.5 / 5	56	4.8 / 5	4.6 / 5
GO Markets	4.0 / 5	4.3 / 5	756	4.0 / 5	4.6 / 5

Eightcap

4.6/ 5

Visit Eightcap Eightcap review

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Eightcap quick facts

Demo Account

✔Yes

Instruments

CFDs in Forex, Stocks, Indices, Commodities, Crypto

Regulator

FCA, ASIC, CySEC, FSC, SCB, FSA

Platforms

MT4, MT5, TradingView, TradeLocker

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

• After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
• Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.
• Having excelled across all key areas for day traders, Eightcap outperformed every competitor to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title for 2025 and 'Best TradingView Broker' for 2025.

Cons

• The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
• Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
• Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.

Visit Eightcap Eightcap review

FBS

4.3/ 5

Visit FBS FBS review

FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.

FBS quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Indices, Shares, Commodities

Regulator

ASIC, CySEC, FSCA, FSC

Platforms

FBS App, MT4, MT5

Minimum Deposit

$5

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, AUD, JPY

Pros

• FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
• FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog.
• The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.

Cons

• Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
• There are only four base currencies available - EUR, USD, AUD and JPY (region dependant) - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.
• Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.

Visit FBS FBS review

eToro

4.0/ 5

Visit eToro eToro review

eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.

eToro quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs

Regulator

FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC

Platforms

eToro Web, CopyTrader, TradingCentral

Minimum Deposit

$50

Minimum Trade

$10

Account Currencies

USD, EUR, GBP, AUD, DKK

Pros

• In 2025, eToro stopped including all crypto trading fees within the spread - instead, the same commission is now charged separately and shown as a clear line item, giving active traders more transparency without increasing overall costs.
• eToro elevated the social trading experience in 2025, integrating insights from Stocktwits 10M+ users to help gauge market sentiment.
• The eToro Club entry barrier has been lowered, with a $4.99/month subscription providing access to 18 perks, including a debit card that turns shopping into equities with 4% back in shares.

Cons

• There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital.
• There are no guaranteed stop loss orders which would be a useful risk management feature for beginners.
• The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software.

Visit eToro eToro review

Vantage

4.7/ 5

Visit Vantage Vantage review

Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly.

Vantage quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds

Regulator

FCA, ASIC, FSCA, VFSC, CIMA

Platforms

ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade

Minimum Deposit

$50

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN

Pros

• It’s quick and easy to open a live account – taking less than 5 minutes
• The app was upgraded in 2026 with wider asset visibility bringing together balances across Contract, Copy, and Funding accounts on one screen
• There are no short-term strategy restrictions with hedging and scalping permitted

Cons

• It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
• The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
• A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side

Visit Vantage Vantage review

Ingot Brokers

4.3/ 5

Visit Ingot Brokers Ingot Brokers review

Ingot Brokers is a good choice for day traders looking for a no-frills broker with a wide range of instruments. Experienced traders will appreciate access to the advanced MT5 platform, although beginners may be disappointed in the lack of educational resources.

Ingot Brokers quick facts

Demo Account

✔Yes

Instruments

CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies

Regulator

ASIC, CySEC, JSC, FSA, CMA-Kenya

Platforms

MT4, MT5

Minimum Deposit

$10

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, AUD

Pros

• Multiple free payment methods are available, including bank transfers and crypto payments
• Ingot Brokers holds multiple regulatory licenses, including two from the top-tier regulators, ASIC and CySEC
• Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis

Cons

• Despite improvements in the Resources Hub, the broker’s education and market research still trail many competitors
• The ECN account offers fewer assets than the other account types
• The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders

Visit Ingot Brokers Ingot Brokers review

GO Markets

4.6/ 5

Visit GO Markets GO Markets review

GO Markets is best suited to active CFD traders who prioritize low spreads, transparent pricing, and fast execution on powerful charting platforms like MT4, MT5, cTrader, and more recently TradingView. Its GO Plus+ account, with raw spreads from 0.0 pips and low commissions, is a particularly great fit for scalpers and high-frequency traders.

GO Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto

Regulator

ASIC, CySEC, FSC, FSA

Platforms

GO TradeX™, MT4, MT5, cTrader, TradingView

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, CHF, HKD, SGD

Pros

• GO Markets excels in making complex topics digestible and fostering a community-like learning environment. Its educational suite stands out with courses, webinars, podcasts, and even weekly live coaching sessions - ideal for newer traders.
• GO Markets has bolstered its offering, introducing 1000+ new stock CFDs in 2024 and localized payment solutions for traders in Latin America in 2025, including Pago Efectivo in Peru and Paynet in Mexico.
• The introduction of PAMM accounts and multiple copy trading services cater to both beginner and advanced traders, while the rebate program rewards high-volume day traders looking to reduce costs.

Cons

• During testing, we found that GO Markets restricts TradingView access in demo mode unless you first register a live account - a limitation that jars with firms offering full platform access in demo from the outset.
• Despite reasonable multi-asset coverage, our tests showed a limited choice in categories like commodities and indices, with only around 15 indices and 10 commodities.
• GO Markets still relies entirely on third-party platforms with no proprietary charting platform, which may limit innovation or tailored features for more advanced traders.

Visit GO Markets GO Markets review

The Australian Securities and Investments Commission (ASIC) was established in 1991 under the Australian Securities and Investments Commission Act to promote fair and transparent financial markets across Australia.

Following a string of corporate collapses and rising financial misconduct, Australia needed a single body with comprehensive regulatory powers to oversee financial markets. ASIC was born to fill that gap.

ASIC’s powers are broad. It licences financial services businesses and enforces compliance with the Corporations Act, which regulates how companies operate, report, and engage with investors.

ASIC also investigates complaints, such as those from retail traders, and has the authority to prosecute misconduct, impose fines, and even deregister businesses that break the rules.

What Powers Does ASIC Have?

ASIC has a range of powerful tools to enforce financial laws and keep Australia’s markets in check:

• Licensing Power: ASIC issues licences to financial service providers and credit providers, ensuring that only qualified and compliant businesses can operate. Brokers cannot legally provide financial services in Australia without an ASIC licence.
• Investigative Power: ASIC has the authority to investigate any suspected misconduct or breach of financial laws. It can gather evidence, interview witnesses, and demand records from individuals or businesses if there’s reasonable suspicion of wrongdoing.
• Enforcement Power: If ASIC finds misconduct, it can take several actions: issuing fines, suspending or revoking a licence, and imposing penalties. In more serious cases, it can pursue civil or criminal charges, leading to court proceedings.
• Regulatory Power: ASIC sets and enforces standards for company conduct, corporate governance, financial reporting, and disclosures. It can impose conditions on business operations and make sure companies follow ethical and legal guidelines.
• Banning and Disqualification: ASIC can ban individuals from managing companies or providing financial services if they’re found to be dishonest or unethical. This prevents repeat offenders from staying in the industry.
• Consumer Protection Initiatives: ASIC actively creates and enforces policies to protect consumers. It can demand that brokers improve their practices, disclose clearer information, and stop offering risky or misleading products.

What Rules Must An ASIC Broker Follow?

Brokers regulated by ASIC must follow strict rules to maintain transparency, protect consumers, and ensure ethical behaviour in the financial markets.

• Licensing and Authorization: Brokers must hold an Australian Financial Services (AFS) licence to operate legally. To obtain and maintain this licence, they must meet ASIC’s criteria, including financial stability, qualifications, and competency standards.
• Client Money Handling: Brokers are required to keep client funds separate from company funds, holding them in segregated accounts. This helps protect client funds from being used for business operations or other improper purposes.
• Disclosure Obligations: Brokers must provide clients with clear, upfront information about their products, services, fees, and potential risks. This includes issuing a Product Disclosure Statement (PDS) so clients understand what they’re getting into.
• Compliance With Market Conduct Standards: ASIC trading platforms must operate honestly and fairly, avoiding deceptive practices like price manipulation, insider trading, or false advertising. They’re expected to follow high ethical standards and maintain market integrity.
• Risk Warnings: Brokers must provide transparent risk warnings, especially for high-risk products like CFDs which are popular with day traders. This means clients are informed of potential losses, not just potential gains before they start trading.
• Financial Reporting and Auditing: ASIC requires brokers to submit regular financial reports, proving their financial health and compliance. ASIC may also conduct audits to verify the broker’s practices and ensure ongoing adherence to rules.
• Client Dispute Resolution: ASIC mandates that brokerages have a transparent dispute resolution process in place. They must be part of an external dispute resolution scheme, such as the Australian Financial Complaints Authority (AFCA), to address client complaints promptly.
• Ongoing Training and Development: Brokers must ensure their representatives are properly trained and qualified to give financial advice. This rule ensures that clients receive reliable and accurate information and advice.

How Does ASIC Protect Active Traders?

CFD trading in Australia is very popular with active traders, and ASIC has stepped up its restrictions on brokers offering these products in recent years to protect retail investors:

• Leverage Limits: ASIC limits the amount of leverage brokers can offer retail traders. For example, the maximum leverage for major forex pairs is capped at 1:30. For cryptocurrencies, it’s 1:2. This reduces the risk of significant losses by preventing traders from borrowing excessively to fund their trades.
• Negative Balance Protection: ASIC mandates that brokers provide negative balance protection, meaning traders can’t lose more money than initially invested. If a trade goes against a client significantly, their account won’t fall into a negative balance, preventing debt above the initial investment.
• Standardised Risk Warnings: ASIC requires brokers to display clear, standardized risk warnings on CFD products. This ensures that traders know the risks involved, including the high probability of losses, and can make informed decisions before entering the market.
• Margin Close-Out Rules: To prevent excessive losses, ASIC enforces a margin close-out rule. If a trader’s funds fall to 50% of the required margin, the broker must close out the trade automatically. This helps prevent traders from sustaining more substantial losses than necessary.
• Ban on Inducements: ASIC prohibits brokers from offering incentives like bonuses, cash rebates, or “free” trading schemes to attract CFD traders. This discourages brokers from using high-pressure sales tactics or enticing promotions to bring in less-informed traders.
• Enhanced Disclosures: ASIC requires brokers to provide detailed disclosures on CFD products, including information on trading fees, spreads, risks, and how CFDs work. This transparency helps traders understand all aspects of CFD trading, not just the potential rewards.

Has ASIC Fined Any Brokers?

While ASIC may occasionally be criticised for not acting fast enough in some cases, it has a strong track record of enforcement and has acted against several brokers for various regulatory breaches over the years. Essentially, ASIC has increasingly big teeth.

Here are some notable examples where it has flexed its regulatory muscles:

• Interactive Brokers (2023): ASIC took action against the Australian branch of Interactive Brokers, levying a $832,500 fine for negligent and reckless conduct related to suspicious trading by a client.
• Openmarkets (2023): ASIC handed out a $4.5 million fine to Openmarkets for failing to have suitable systems for identifying whether the orders of a client were intended to manipulate prices or create a false impression of active trading.
• Forex Capital Trading (2020): ASIC fined Forex CT $20 million for various breaches, notably unconscionable conduct, conflicted remuneration for sales staff, and failure to act in its clients’ best interests.

Bottom Line

Year after year, ASIC introduces and enforces strict safeguards that online brokers must follow, with the aim of protecting retail investors.

Verifying that a broker is ASIC-regulated is a crucial step to protect your investments and ensure you’re dealing with a reputable and compliant company.

To get started, check out DayTrading.com’s pick of the best ASIC-regulated day trading brokers.