How We Ranked the Best Forex Brokers in Australia
In this FX Trust Score Toplist, we showcase the Best Forex Brokers in Australia for 2026, highlighting the firms that combine strong local presence, robust regulation, and competitive trading conditions. Every broker featured here is fully licensed by the Australian Securities and Investments Commission (ASIC), ensuring they adhere to Australia’s strict financial standards and maintain high levels of client fund protection.
When ranking the Top Forex Brokers in Australia, we evaluated a wide range of factors that matter most to Australian traders. These included the breadth of instruments available, trading platforms offered, fund security mechanisms, analytical tools, and customer support availability. We also placed strong emphasis on local payment options, such as BPAY, POLi, and PayID, alongside localisation features that enhance accessibility for traders based in Sydney, Melbourne, Brisbane, Perth and beyond.
Our leaderboard below showcases the most trusted brokers in the region, those that provide seamless access to the global markets while maintaining the reliability and protection Australian traders expect from ASIC-regulated firms.
Best Forex Brokers in Australia (Ranked by FX Trust Score Index)
These rankings apply the FX Trust Score Index™ framework, calibrated for traders across Australia.
GO Markets
FX Trust Score: 97 / 100
1,000+ Instruments Excellent Platform Options Spreads from 0.0 Pips BPAY & PayID Funding Methods 24/7 Customer Support
*Trading carries a risk of loss
Fusion Markets
FX Trust Score: 93 / 100
Average Spreads of 0.0 Pips White Glove Support No Minimum Account Size 24/7 Customer Support
*Trading carries a risk of loss
Blueberry Markets
FX Trust Score: 90 / 100
1,000+ Instruments Excellent Platform Options Spreads from 0.0 Pips BPAY & PayID Funding Methods 24/7 Customer Support
*Trading carries a risk of loss
eightcap
FX Trust Score: 87 / 100
800+ Instruments ‘Eightcap Lab’ Resources Unique ‘Eightcap Challenges’ Code-Free Automation Tools ‘Eightcap Trade Zone’ Insights
*Trading carries a risk of loss
Saxo
FX Trust Score: 83 / 100
71,000+ Instruments Several Proprietary Platforms Low Commissions on All Assets No Platform or Inactivity Fees
*Trading carries a risk of loss
FX Trust Score Breakdown – Australia
See the FX Trust Score breakdown for the Best Forex Brokers in Australia and how each performed across the criteria in our FX Trust Score Index. You can also see where these brokers rank in our full Broker Data Index.
| Broker | Regulatory Compliance | Security & Fund Protection | Customer Support | Localisation | Local Payment Methods | Online Reputation | Final FX Trust Score (0–100) |
|---|---|---|---|---|---|---|---|
| GO Markets | 80 | 100 | 100 | 100 | 100 | 100 | 97 |
| Fusion Markets | 100 | 80 | 100 | 100 | 80 | 100 | 93 |
| Blueberry Markets | 100 | 80 | 100 | 100 | 60 | 100 | 90 |
| Eightcap | 100 | 100 | 60 | 100 | 80 | 80 | 87 |
| Saxo Bank | 100 | 100 | 60 | 100 | 60 | 80 | 83 |
Final score reflects the weighted aggregation of the FX Trust Score Index criteria.
The FXTS Verdict
GO Markets ranks first among the Best Forex Brokers in Australia for 2026 with a final FX Trust Score of 97/100. It achieved strong performance across fund protection, customer support and local payment infrastructure, alongside competitive trading conditions under ASIC supervision.
Fusion Markets follows with a score of 93/100, supported by high marks for customer support, online reputation and overall accessibility for Australian traders. Blueberry Markets secured 90/100, reflecting consistent performance across security, localisation and service quality.
Eightcap and Saxo Bank round out the rankings with scores of 87/100 and 83/100 respectively, each demonstrating strong regulatory credentials and reliable trading environments.
The table above provides a transparent breakdown of how each broker performed across the six FX Trust Score Index criteria, allowing Australian traders to compare regulation, fund safety and platform quality side by side.
How did we choose the Best Forex Brokers in Australia?
Our evaluation began by filtering out unregulated entities to ensure that only ASIC-licensed brokers were considered for inclusion. This approach guarantees that every company listed meets Australia’s regulatory requirements, including the segregation of client funds and transparent operational practices.
We then examined each broker’s offering in detail, from account setup and local funding options to platform usability and customer service quality. Special attention was given to localisation factors, including native English-language support, Australian office locations, and local contact numbers, which are essential for building trust and providing accessible client assistance.
Each broker was scored using our proprietary FX Trust Score Index, which evaluates performance across six key areas: compliance, fund protection, customer support, localisation, trading conditions, and reputation. The final rankings represent the most dependable and well-rounded Forex Brokers in Australia, helping traders make confident and informed decisions.
This guide has been reviewed and verified for accuracy to ensure data is valid and relevant for 2026.
FAQs
Check that the broker is registered with the Australian Securities and Investments Commission (ASIC) and complies with its regulations. Reliable brokers often display their ASIC licence number on their website. Additionally, check online reviews and feedback from fellow traders to gain an insight into their transparency and fair trading.
The best forex brokers for Australia are regulated and audited by the Australian Securities and Investments Commission (ASIC) which provides a strong layer of security for traders. We have reviewed and ranked a number of Forex Brokers targeting Australia using our FX Trust Score Index and you can see the full score breakdown and leaderboard results on this page.
It’s important to choose a broker in Australia that is regulated by the Australian Securities and Investments Commission (ASIC) as it ensures better fund protection due to ASIC brokers’ adherence to strict financial standards and practices. Also look out for brokers that have good localisation, such as an Australian office, local payment methods, and Australian Dollar (AUD) as an account currency, to name a few. You can explore more about the best brokers in Australia by reading our in-depth overview above.
With brokers regulated by ASIC, your funds should be held in segregated accounts with top-tier banks, separate from the broker’s operating funds. This ensures that your money is protected from misuse and available for withdrawal at any time.
Yes, forex trading is legal in Australia. Trading activities in the country are regulated by the Australian Securities and Investments Commission (ASIC), a top-tier oversight body that is recognised and respected around the world. ASIC ensures that brokers follow a strict set of standards, in order to protect traders and their funds. Also, many leading forex brokers have offices in key cities like Sydney and Melbourne, with the country being a key hub for FX trading in the Oceania region.
To trade forex in Australia, start by selecting a broker that is licensed by the country’s flagship regulatory body, which is called the Australian Securities and Investments Commission (ASIC). The next step is to sign up, register, and deposit funds into a trading account with the broker, before downloading the relevant trading platform to enable access to the desired tradable markets. Aside from the practical steps, you should take time to conduct thorough trader research before formulating your trading strategy, while also making sure that you monitor the latest market trends and developments.
Yes, most Australian Forex brokers offer a wide range of currency pairs, including major, minor and exotic currencies, allowing traders to participate in global Forex markets. In fact, on of the most popular currency pairs in AUD/USD.
Australian Forex brokers typically offer several account types to cater to different trader needs, including standard accounts, ECN accounts, and demo accounts. Each account type has different features regarding leverage, minimum deposits, spreads, and commission structures.
Look for brokers that offer multiple deposit and withdrawal options including local bank transfers, credit and debit cards, crypto and e-wallets like PayPal and Skrill. Ensure there are no excessive fees or long processing times. Brokers should provide clear information on how to fund your account and withdraw your earnings.
The best time to trade forex in Australia is during the overlap between the New York and London trading sessions, from 22:00 AEST and 02:00 AEST. During this time, market activity and liquidity are typically at their peak, potentially leading to greater trading opportunities due to a higher number of significant price movements. The Sydney trading session opens at 10:00 AEST and closes at 19:00 AEST. See full Trading Market Hours.
Publication date:
17/05/2024
Author: FX Trust Score
Last updated on February 22, 2026
