20 brokers measured18 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
How to verify a broker licence in Australia
Four checks, in this order
1. Find the number, not the badge. A logo is not a licence. The broker pages here print the licence number we found, or say plainly that none is published for this country.2. Read it in the register. Open the regulator's own register and search the number. The regulator for Australia and its register are named on every broker page we publish.3. Check the name on the licence against the name on the contract. This is where most of the confusion lives: the brand you signed up with and the entity on the client agreement are often different companies in different countries. Our entity column exists for this reason.4. Check the permissions, not just the presence. A firm can be on a register for one activity and not for the one it is selling you.
What goes wrong locally
Retail client protections in Australia include negative balance protection, margin close-out rules, and restrictions on inducements. ASIC and Moneysmart also state that CFD issuers operating in Australia must hold an AFS licence and that CFDs for retail clients are subject to specific leverage limits.
Brokers here without a local licence
Showing 2 of 20 brokers that onboard Australia residents.
| Broker | Onboarding entity | Max leverage |
|---|
| Tickmill | Global entity unspecified | 500.0geo |
| FxPro | FxPro UK Limited | 200.0geo |
FAQ (2)
How do I check a broker licence in Australia?
Retail client protections in Australia include negative balance protection, margin close-out rules, and restrictions on inducements. ASIC and Moneysmart also state that CFD issuers operating in Australia must hold an AFS licence and that CFDs for retail clients are subject to spe
The broker shows a licence from another country. Does it count?
It means a foreign entity regulates that company, not that it is authorised to serve Australia residents. The two are different questions and the broker page names which entity signs the client.
