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Trade Nation

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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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.