Australia · Tier-1
ASIC: serious oversight, real teeth.
Australian Securities and Investments Commission · est. 1998
Tier 1Public register
ASIC tightened retail forex rules in 2021 and the industry adjusted overnight — leverage caps, marketing restrictions, mandatory negative balance protection. The badge means something. Australian-domiciled brokers like IC Markets and Pepperstone built their business on it.
Brokers regulated
24
Tier
Tier 1
Country
Australia
Filings tracked
3
What the ASIC badge actually means.
Key protections
- Retail leverage capped at 1:30 (majors) since 2021
- Negative balance protection mandatory
- Strict client-money segregation
- Active enforcement — bans handed out yearly
Known limitations
- No statutory compensation scheme like the UK's FSCS
- Australian retail traders may pay more for the same service due to leverage caps
Active licenses
All brokers3 of our brokers hold ASIC licenses.
1
PE
Pepperstone
EUR/USD 1.0 typ. · $0 min · 1:500
90
FCAASIC
2
IC
IC MarketsFeatured
EUR/USD 1.1 typ. · $200 min · 1:500
88
ASICCySEC
3
XM
XM Group
EUR/USD 0.8 typ. · $5 min · 1:1000
82
CySECASIC
| # | Broker | Trust | EUR/USD | Min dep. | Leverage | Regulators | 30d | |
|---|---|---|---|---|---|---|---|---|
| 1 | PE Pepperstone Est. 2010 · MT4 | 90 | 1.0 | |||||
| 2 | IC IC MarketsFeatured Est. 2007 · MT4 | 88 | 1.1 | |||||
| 3 | XM XM Group Est. 2009 · MT4 | 82 | 0.8 |
Cross-references for ASIC
Brokers under this license
ASIC actions, across our brokers.
AFSL renewal completed without conditions.
AFSL renewed; no conditions imposed.
AFSL renewed.