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Trade Nation
Trade Nation is regulated by the ASIC in Australia & has a $1 minimum deposit plus fixed spreads
IG Markets
IG Australia is an ASIC regulated broker with a 10 AUD Minimum Deposit, offering CFDs & share dealing
IC Markets
A native Australian Forex Broker with ASIC regulation & no minimum deposit
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.