Fx, foreign exchange or the forex market is the world’s most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

Stocks grind higher; US Dollar trying to turn back positive

Macroeconomic/ geopolitical developments An extremely quiet week, with no significant central bank activity, no notable macroeconomic data releases and with… Continued

The US Dollar sends negative signal, but the Pound stays strong!

Dollar Index confirms negativePound breaks upEuro-Pound confirms downside break Continued

US Dollar 2021 strength is trying to resume

The US dollar has seen significant gains versus major currencies in early 2021This was assisted by higher US yields in… Continued

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Top Brokers in Australia, all regulated by ASIC

Broker Pros Features  
Founded: 2006 Reg: Central...
HQ: Ireland...
4.9/5
97/100

- Regulated by ASIC.
- 20% New Member Bonus.
- Global regulated broker across 5 continents within 6 jurisdictions
- Superior trading conditions for short selling/scalping
- Ultra low spreads with fast and reliable order execution
- Wide range of educational materials
- Innovative trading mobile apps  (AvaTradeGo, AvaOptions, AvaSocial)

Min. Deposit: $100
Pairs Offered: 45+
Leverage: EU - Up to 30:1, Professional Client/ROW up to 400:1
Withdrawal Process Time: 1-2 business days.
Trust Score: 97/100
Founded: 2007 Reg: FCA, Cy...
HQ: UK, Cyp...
4.6/5
91/100

- Regulated by ASIC
- Fast withdrawal
- Real Cryptos, Stocks
- 2000+ assets
- Copytrading
- Social Trading
- PayPal deposits possible
- One Stop Shop

Min. Deposit: $50
Pairs Offered: 47
Leverage: 1:400
Withdrawal Process Time: Max 2 working days
Trust Score: 91/100
Founded: 2010 Reg: ASIC, F...
HQ: Austral...
4.6/5
91/100

- Regulated by ASIC
- Segregated client funds in tier 1 banks.
- Awarding-winning client support from our team 24/5.
- Low latency, fast execution in under 30ms.
- Get consistently competitive spreads and low commissions from 0.0 pips.

Min. Deposit: $200
Pairs Offered: 180
Leverage: Up to 1:500
Withdrawal Process Time: 2-3 business days
Trust Score: 91/100
Founded: Reg: FMA, FS...
HQ: Ne...
4.5/5
90/100

- 1:500 leverage
- Multi award-winning New Zealand broker
- Institutional-grade spreads from 0.0 pips

Min. Deposit: $200
Pairs Offered: 300+
Leverage: 1:500
Withdrawal Process Time: Within 24hrs
Trust Score: 90/100
Founded: 2008 Reg: Plus500...
HQ: Israel...
4.7/5
94/100

- Regulated by ASIC
- Advanced risk management tools
- 24/7 online support.
- 2000+ instruments.
- 30+ languages.
- All devices.
- 0 commissions.
- Tight spreads.

Min. Deposit: $100
Pairs Offered: 70+
Leverage: 1:30
Withdrawal Process Time: 1-3 Business Days
Trust Score: 94/100
Founded: Reg: FCA, AS...
HQ: UK...
4.8/5
95/100

- Regulated by ASIC
- Enhanced Execution and quality pricing
- Award-winning trading platform – Trading Station Web/Desktop/Mobile
- Free Access to Exclusive Trading Tools and Services: Trading Signals, Trading Analytics and more
- More than 20 Years of experience in Online Trading Services - Leading Provider

Min. Deposit: £300, $50 For ZA and AU
Pairs Offered: 50+
Leverage: 1:30 (LTD), Up to 400:1 FX and 200:1 CFD (ZA/AU/MARKETS)
Withdrawal Process Time: Depends on Credit Card Issuer. Bank Wire two business days
Trust Score: 95/100

What is FX Explained Australia and why are you here?

  • Are you from Australia and interested in Forex Trading and just do not know where to start?
  • Do you have questions about the legality of forex trading in Australia?
  • Are you currently trading and struggling, finding it difficult to achieve consistent profits?
  • Do you not fully understand some of the language being used on other FX or Trading websites?
  • Are you having difficulty choosing the best broker in Australia?

FX Explained Australia is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Originally we successfully helped UK traders and now we aim to help traders from Australia as well. Today it is legal to trade forex in Australia as long as you pay income tax on your gains (profits minus losses). And, needless to say, you need to abide by all financial laws and not be involved in money laundering. Laws and regulations have been set in place by the Australian Securities and Investments Commission (ASIC). ASIC’s basic role is to enforce and regulate company and financial services laws, in order to protect Australian consumers, investors, and creditors. ASIC is one of the genuinely stronger regulatory bodies out there together with FCA and CySEC. Brokers, regulated by ASIC, will have to treat their traders fairly. All gains that Australian traders make need to be declared to the Australian Tax Office (ATO).

Whether you are a complete novice, or seasoned veteran, we believe that our high level of fx expertise and knowledge about Australia, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

  • Be a guide for you in how FX Trading works for traders in Australia.
  • Offer trading tools that you can use in your everyday trading.
  • Provide a comprehensive knowledge base that you can draw on.
  • Help you decide who you should trade with and pick the best broker to trade with when you are from Australia.
  • Provide timely updates on important FX developments (via email).

We welcome all traders from Australia to join the global FX Explained community to help you become better traders! We don’t show you how to trade, we help you to become a Trader!

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