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ASIC Regulator Review (2026)

Australian Securities and Investments Commission · Australia · Est. 1998

Tier 1 — Strongest 55 brokers licensed Avg rating 3.59/5

The Australian Securities and Investments Commission (ASIC) is a tier 1 — strongest based in Australia, established in 1998. It provides Client fund segregation (no fixed cap). Retail leverage is capped at 1:30 retail (1:500 professional). In BrokerRank's database, 55 brokers hold ASIC licenses, averaging 3.59/5above the platform average of 3.3/5.

Official ASIC website

Investor Protection

Client fund segregation (no fixed cap)

Leverage Cap (Retail)

1:30 retail (1:500 professional)

Min. Capital Requirement

AUD 1,000,000 minimum

Key Requirements

  • Client fund segregation
  • Negative balance protection
  • Risk warnings
  • Annual audits

Who Should Choose an ASIC-Regulated Broker?

Australian traders

ASIC is the primary regulator for traders in Australia. ASIC-regulated brokers must hold client funds in segregated Australian bank accounts.

Asian & Pacific traders

ASIC is widely respected across the Asia-Pacific region. Many traders in Southeast Asia prefer ASIC over local regulators for stronger protections.

Scalpers & high-volume traders

ASIC allows professional leverage up to 1:500 and has a strong roster of ECN/raw-spread brokers (Pepperstone, IC Markets) favoured by active traders.

Broker Quality Distribution (55 brokers)

Top rated (4.0+)
10 (18%)
Mid rated (3.0–3.99)
35 (64%)
Low rated (below 3.0)
9 (16%)

ASIC Brokers with Additional Licenses

What ASIC Requires from Brokers

🏦

Minimum Capital

AUD 1,000,000 minimum

⚖️

Leverage Cap (Retail)

1:30 retail (1:500 professional)

🔒

Client Fund Safety

Segregated client accounts required

🛡️

Investor Compensation

Client fund segregation (no fixed cap)

📋

Reporting

Annual audits + ongoing regulatory reporting

Key obligations

Client fund segregation Negative balance protection Risk warnings Annual audits AFCA membership

Top 5 ASIC-Regulated Brokers

Full list
#BrokerRatingMin DepositSpread fromPlatforms
#1
4.43
$00.2 pipsProprietary Web, Proprietary MobileOpen Account
#2
4.40
$1000.8 pipsMT5, Proprietary Web, Proprietary MobileOpen Account
#3
4.33
$2500.6 pipsMT4, Proprietary Web, Proprietary MobileOpen Account
#4
4.12
$2000.0 pipsMT4, MT5, Proprietary MobileOpen Account
#5
4.09
$00.6 pipsProprietary Mobile, MT4, Proprietary WebOpen Account
How does ASIC compare? BrokerRank data shows regulation correlates 0.84 with broker quality. CFTC-regulated brokers average the highest at 3.73/5, followed by ASIC (3.59/5), MAS (3.57/5), FCA (3.51/5), CySEC (3.51/5). Full regulator analysis →

How to Verify a Broker's ASIC License

1

Visit connectonline.asic.gov.au and search for the broker's name under 'Organisation & Business Names'

2

Look for an Australian Financial Services (AFS) licence — the licence number should match the broker's website footer

3

Check the licence status is 'Current' and the authorised activities include 'deal in financial products'

4

Confirm the licence holder's ABN and address match the broker's official registration details

Open ASIC Connect — Public Register

Frequently Asked Questions

1

Is ASIC a safe regulator?

ASIC is a Tier 1 regulator, one of the strongest in the world. It oversees 55 brokers in BrokerRank's database, which average a 3.59/5 rating — above the platform-wide average of 3.3/5. Client protection includes Client fund segregation (no fixed cap).

2

How many brokers are regulated by ASIC?

In 2026, 55 brokers in BrokerRank's database of 345 hold a ASIC license. The top-rated ASIC-regulated broker is Interactive Brokers (4.43/5).

3

What leverage does ASIC allow?

ASIC caps retail client leverage at 1:30 retail (1:500 professional). This is designed to limit losses for inexperienced traders.

4

What happens if an ASIC-regulated broker goes bankrupt?

ASIC-regulated brokers are required to segregate client funds. In case of insolvency, clients may be eligible for compensation: Client fund segregation (no fixed cap).

5

How does ASIC compare to other regulators?

BrokerRank data shows regulation has a 0.84 correlation with overall broker quality. CFTC-regulated brokers average 3.73/5 (highest), ASIC 3.59/5, MAS 3.57/5, FCA 3.51/5, CySEC 3.51/5. ASIC brokers average 3.59/5.

6

How do I check if a broker really has a ASIC licence?

Go to the official ASIC Connect — Public Register at https://connectonline.asic.gov.au/RegistrySearch/ and search for the broker by name or licence number. Confirm the status is active and the authorised activities match what the broker offers. Never rely solely on a logo on the broker's website — clone firms frequently copy licence details from legitimate brokers.