austrThe Australian Securities & Investments Commission (ASIC) is an independent Australian government body that acts as Australia’s corporate regulator. ASIC’s role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors.

ASIC was originally formed as the Australian Securities Commission (ASC), which came into being on 1 January 1991 in accordance with the (then) ASC Act 1989. The purpose of the ASC was to unify corporate regulators around Australia by replacing the National Companies and Securities Commission and the Corporate Affairs offices of the states and territories.

One of the main roles of ASIC’s is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors, and so it does – just recently, the regulator raised the minimum net capital requirement for brokers from AUD50,000 to AUD500,000 to make sure that brokerages are well-capitalized to protect investors from unfavorable events (during the next year, this requirement is expected to be increased even further, to AUD1,000,000).

Below is the list of Australia operating Forex Brokers:

Broker Bonus Rating Review Open Account
ThinkForex 4.1 Review Visit Broker
AxiTrader 4.0 Review Visit Broker
PepperStone 3.7 Review Visit Broker
GO Markets 3.6 Review Visit Broker
IC Markets 3.6 Review Visit Broker
Synergyfx 3.6 Review Visit Broker
HalifaxFX 3.5 Review Visit Broker
Forex.com Bonus for First Deposit 3.4 Review Visit Broker
Got Money FX 3.2 Review Visit Broker
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