Compare Online Brokers

3 brokers (out of 7 in Australia)

FP Markets

$100 min. deposit

1:500 leverage

Updated Jan 2024

FXCC

$0 min. deposit

1:500 leverage

Updated Dec 2023

4XC

$50 min. deposit

1:500 leverage

Trading Forex/CFDs on margin carries a high level of risk.

Updated Feb 2024

  • Overall
    4.8 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.9 / 5
  • Deposits and withdrawals
    5.0 / 5
  • Investor protection
    4.0 / 5
  • Customer service
    5.0 / 5
  • Likes
  • Flexible leverage up to 1:500.
  • Trade over 1,000 financial instruments.
  • Trade on MT4/5 or cTrader without restrictions.
  • Copy trading service is available.
  • Customer support is available 24/7.
  • Dislikes
  • No TradingView integration is available for now.
  • No investor compensation fund in the event of bankruptcy.
  • Overall
    4.0 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.2 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    3.8 / 5
  • Likes
  • 100% bonus on your 1st deposit (up to US$2,000).
  • Flexible leverage up to 1:500.
  • All MT4 Expert Advisors are allowed.
  • No fees on deposits.
  • No minimum deposit.
  • Dislikes
  • FXCC only supports MetaTrader 4.
  • Withdrawal fees apply across some, but not all, funding methods.
  • Overall
    4.1 / 5
  • Markets
    3.8 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.5 / 5
  • Investor protection
    3.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • Enjoy flexible leverage up to 1:500.
  • Choose between MetaTrader 4 and 5.
  • All trading styles and Expert Advisors are allowed.
  • Fast execution speeds from its London data-centre.
  • Dislikes
  • Negative balance protection is only available across Forex and precious metals.
  • 4XC is regulated in the Cook Islands, a country without an investor compensation fund.

Easily navigate this review:

Markets
Asset classes (#)Visit FP Markets Visit FXCC Visit 4XC
Forex (CFD)727160
Cryptos (CFD)*1285
Stocks (CFD)1000
Indices (CFD)161211
ETFs (CFD)46
Metals (CFD)1762
Energy (CFD)422
Commodities (CFD)5
Bonds (CFD)2

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit FP Markets Visit FXCC Visit 4XC
MT4
MT5
TradingView
cTrader
Copy trading
Other platformsIressWeb trader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit FP Markets Visit FXCC Visit 4XC
Bank transfer
Broker to broker transfer
Debit card
Credit card
ApplePay
AstroPay
AWEpay
Banco Plural
BPAY *
China UnionPay
EeziePay
FasaPay
Globepay
GooglePay
Help2Pay
M-PESA *
NETELLER *
Ngân Lượng
PayPal
PayRetailers
Paytrust88
Perfect Money
QQ
Skrill *
STICPAY
WeChat
Western Union
Xpay
2c2p
Deposits and withdrawals (Crypto)Visit FP Markets Visit FXCC Visit 4XC
BUSD (Binance USD)
BTC (Bitcoin)
BCH (Bitcoin Cash)
DASH (Dash)
DOGE (Dogecoin)
ETH (Ethereum)
LTC (Litecoin)
USDC (Circle)
USDT (Tether)
XRP (Ripple)
Account base currenciesVisit FP Markets Visit FXCC Visit 4XC
AUD
BRL
CAD
CHF
EUR
GBP
HKD
JPY
MXN
PLN
SGD
USD
ZAR
Investor protection
Regulated entitiesVisit FP Markets Visit FXCC Visit 4XC
Australia
Cook Islands
Cyprus (EU)
Kenya
Nevis
South Africa
St. Vincent & the Grenadines
FP Markets

Visit FP Markets ▷

FXCC

Visit FXCC ▷

4XC

Visit 4XC ▷

Trading Forex/CFDs on margin carries a high level of risk.