Currently our best Forex broker in Australia is: FP Markets. If you are searching for an alternative to ETX you should start there. To see all of the best brokers available for you, see our list: Forex Trading Australia
Best Alternative in Australia for ETX
Trade with up to 500:1 Leverage and 0 Spreads
Regulated and Licensed by CySec and Financial Sector Conduct Authority
Over 10,000 Trading Instruments Available on MT4 or WebTrader
Claim a 100% Bonus up to $500 on Your First Deposit
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
#3 Rated Best Australia Broker
Regulated in Australia with an AFS License and Local Office
Fully Regulated with the FCA in the UK
Trade with Ultra-Thin Spreads - As Low as Zero Pips
Trade and Earn XM Points that can be Redeemed for Credit Bonus Rewards
The current XM bonuses available differ depending on the country you reside in. To view the specific promotion available to you, click here
Forex Promotions for Australia
Use FPmarkets in Australia TradeMedic and Strengthen Your Trading FP Markets introduces Trade Medic for Australians, an innovative tool for traders to enhance trading efficiency and minimize risk. It automates essential trading adjustments, ensuring consistent execution and preventing unexpected losses. Available on all FP Markets platforms, it simplifies risk management. [Read More]
Yes! It is absolutely not illegal for any Australian to trade Forex. Every Australia Forex broker listed in our top 5 is regulated by an authority such as the Australian Securities & Investments Commission (ASIC) and is respectful of the law. We will never send you to any Forex broker that is illegal in Australia.
Get the full details here: Is Forex trading legal in Australia?