Interactive Brokers
Interactive Brokers offers unrivalled market access and the lowest commissions in the industry for active stock traders. The TWS platform is extremely powerful but has a steep learning curve for beginners.
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Each broker on this page is authorised by the Australian Securities and Investments Commission (ASIC), Australia's Tier 1 financial regulator. ASIC oversees retail forex and CFD trading, requiring brokers to cap leverage for major currency pairs at 30:1 and to maintain segregated client accounts. While ASIC enforces strict conduct and risk management standards, it does not operate a formal investor compensation scheme for retail traders. ASIC is known for active supervision and enforcement within the Australian financial markets.
Verify on official register
Check a broker’s licence status directly on the ASIC register.
Interactive Brokers offers unrivalled market access and the lowest commissions in the industry for active stock traders. The TWS platform is extremely powerful but has a steep learning curve for beginners.
IG stands out in the UK stocks market for combining real share dealing, a Stocks & Shares ISA, listed options trading, and bonds, giving active investors a full-service, multi-asset account that most app-based platforms cannot match.
Saxo Bank offers institutional-grade market access in a polished web platform, making it a strong choice for sophisticated investors who want access to global stock markets, options, and bonds in a single account.
ASIC is classified as a Tier 1 regulator. Highest level of investor protection with strict capital requirements and segregated client funds.
We currently list 25 stock brokers regulated by ASIC. The full list is shown above, sorted by overall trader rating.
ASIC is based in Australia and covers the Australia jurisdiction. As a Tier 1 regulator, it enforces strict capital adequacy, client fund segregation, and compensation schemes, making it one of the safest options for retail investors.
Visit the official ASIC website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of ASIC in Australia. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.
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