{"id":90,"date":"2020-05-13T09:10:07","date_gmt":"2020-05-13T09:10:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/au\/?page_id=90"},"modified":"2024-07-15T08:54:35","modified_gmt":"2024-07-15T08:54:35","slug":"forex-brokers","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/au\/forex-brokers","title":{"rendered":"Best Australian Forex Brokers"},"content":{"rendered":"

Based in Australia and looking for a forex broker that meets your needs? With heaps of platforms to choose from, you need to focus on key metrics like fees, commissions, spreads, payments, and tradable pairs. You also need to ensure that your chosen broker is regulated by the Australian Securities and Investments Commission (ASIC).<\/span><\/p>\n

In this article, we explore the five best Australian forex brokers of 2020<\/strong>. We also give you some handy tips on what you need to look out for prior to signing up with a new broker and provide a step-by-step guide on how to get started.<\/p>\n

Our Recommended Australian Forex Platform<\/h2>\n

Looking to start trading forex right now? If so, we would suggest signing up to finmaxfx, our pick for the best Australian forex broker.<\/p>\n

Best Australian Forex Brokers for 2025<\/h2>\n

There’s plenty of forex brokers in Australia, so finding the best one for you isn’t always easy. To help you out, we’ve reviewed many platforms and created the following list of the five best Australian forex brokers for 2020.<\/span> <\/span><\/p>\n \n

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1. FinmaxFX - Forex Broker with $250 Minimum Deposit<\/h3>\n <\/div>\n <\/div>\n
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Founded in 2015 and operated by Gatelinas UAB, FinmaxFX is a forex broker that allows its Australian forex traders to trade a wide range of assets and instruments. It is regulated by the International Financial Market Relations Regulation Center (IFMRRC) as well as the Financial Dealers licensing (FSC) and is authorized to sell financial products and services to clients.<\/p>\n

The account opening process takes less than five minutes. New Australian traders only need to provide their names, email addresses and phone numbers. After that, they get access to the account portal where they can begin trading. FinmaxFX offers its users a MetaTrader 5 trading platform and five different live accounts: Micro, Mini, Standard, Premium and VIP. It requires a mere deposit of 378 AUD ($250) and also includes a free and unlimited demo account. At FinmaxFX, the minimum position size is 0.01 and the maximum leverage is 1:1200.<\/p>\n

FinmaxFX`s financial assets are huge. You can trade more than 500 assets from different assets such as indices, stocks, metals, cryptocurrencies, energy carriers and over 50 currency pairs in major, cross and exotic groups. It makes profits from traditional spreads and swaps.<\/p>\n

One great feature of FinmaxFX is that it supports 3 languages: Arabic, English and Russian. It supports funding in RUB, EUR and USD. It also offers numerous educational materials, including e-books, webinars, trading advice, market analyses and video tutorials to help traders fluidly follow market changes.<\/p>\n

Assets:<\/b> Cryptocurrencies, Stocks, Metals, Energy carriers, Indices<\/p>\n

Demo Account:<\/b> Yes<\/p>\n

Educational Materials:<\/b> Informative educational materials for both new and experienced traders<\/p>\n

Fees:<\/b> Up to 302 AUD ($200) Inactivity Fee, No Deposit Fee, No Account Fee<\/p>\n

Minimum Deposit:<\/b> 378 AUD ($250)<\/p>\n

MT4\/MT5:<\/b> MT5 only<\/p>\n

Special Features:<\/b> Highly intuitive mobile trading platform<\/p>\n

Payment Methods:<\/b> Credit Card, Webmoney, Neteller, Skrill, ePayments, Bank Transfer, QiWi Wallet, Yandex Money<\/p>\n

Regulation:<\/b> IFMRRC, VFSC<\/p>\n <\/div>\n <\/div>\n

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