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Trade Nation is regulated by the ASIC in Australia & has a $1 minimum deposit plus fixed spreads

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IG Australia is an ASIC regulated broker with a 10 AUD Minimum Deposit, offering CFDs & share dealing

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The Forex Market is closed on weekends, opens back on Monday.

How To Trade Forex in Australia

1. Open an account with an ASIC regulated broker

This is fairly easy to do, on this website we have a section where we reviewed several ASIC regulated forex brokers, so simply register with any of them.

2. Experiment with a demo account

An all-crucial step, demo accounts contain fake cash that you can use to try out trading without risking your hard-earned money.

Practice for a few months till you get a hang of it, then proceed to the next step.

3. Trade with a live account

the demo account should have taught you how to place trades & mamage risk, so you can now trade with real money.

Remember to trade only 0.01 lot sizes and set a stop loss on every trade.