The Best ASIC Regulated Brokers for UK Traders in 2021

Our list of The Best ASIC Regulated Brokers for UK Traders in 2021
4,141 User Reviews
3.6 rating
3.6
16,920 User Reviews
4.5 rating
4.5
366 User Reviews
4.0 rating
4.0
392 User Reviews
4.3 rating
4.3
706,852 User Reviews
4.0 rating
4.0
28 User Reviews
4.2 rating
4.2
5,114 User Reviews
4.0 rating
4.0
6,486 User Reviews
4.5 rating
4.5

Did you know that trading in the Australian market requires an Australian Securities and Investments Commission (ASIC) regulated trading broker? If you have been searching for one, we recommend the best that you can find in Australia.
ASIC brokers secure their clients’ funds and offer user-friendly platforms according to ASIC regulations. They are the best choices if you want to trade successfully in the Australian market

How we test?

Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.

The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.

Compare ASIC Regulated Trading Brokers in the UK

Our comparison of the ASIC-regulated brokers took us over 150 hours. We reviewed many features on the brokers we tested, including:

License/Regulation
Market Assets
Commission/Fees
Trading Platform
Modes of Funding
Customer Support

We also included user opinions from Google Play, App Store, and Trustpilot. Here is our comparison table overview.

Compare with other broker
Payment & Withdraw options
License
Software
Minimum deposit
Pepperstone UK
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Bank Wire Transfer, Credit cards, Neteller, Skrill, Paypal
ASIC, CySec, FCA
MetaTrader 4, MetaTrader 5, WebTrader, cTrader
£200
etoro in the uk
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Credit card, PayPal, Bank transfer, Neteller, Skrill, Trustly, WebMoney
ASIC, CySec, FCA
eToro Proprietary Platform
£140
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Credit cards, Paypal
FCA, ASIC
Web Platform
No
IG Markets UK
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Paypal, Bank Wire Transfer, Credit cards, Neteller, Skrill
ASIC, FCA
MetaTrader 4, WebTrader
£250
Visit siteRead Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Bank Wire Transfer, Credit cards, Paypal, Skrill
ASIC, FCA
Webtrader
£100
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Bank Wire Transfer
CFTC, ESMA, FCA, ASIC
MetaTrader 4, MetaTrader 5
$100 (£72)

Compare brokers

Close

1. Pepperstone - Overall Best ASIC Regulated Trading Broker in the UK

pepperstone
pepperstone

Pepperstone allows traders to invest in forex, shares, commodities, CFDs, and more. Any trader, whether they are getting started with trading or have been in the industry for a long time, will enjoy their experience with this ASIC-regulated broker.

 

TradingGuides Rating:
✔ Safe and well-trusted broker
✔ Premium client service
4.2 rating
4.2
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
861 User Reviews
google
1,511 User Reviews
apple
4 User Reviews
TradingGuide
Our Rating
Total Rating:
2,376 User Reviews
Pros
  • Various trading platforms, including cTrader, MT4, and MT5.
  • Automated trading features.
  • Social trading beginner-friendly platform.
Cons
  • High spread on some currency pairs.

2. eToro - Best ASIC Regulated Trading Broker for Beginner Traders

etoro
etoro
etoro
etoro
etoro
etoro
etoro
etoro

eToro is an easy-to-use broker with features that will get you started with trading in the Australian market. It is also budget-friendly since trading stocks on its platform is commission-free.
If you do not have enough time to conduct research or are still learning how to research the markets, eToro’s social and copy trading platform lets you duplicate the experts’ investments. 

TradingGuides Rating:
✔Copy/Social trading
✔Low minimum to fund an account and begin investing
3.6 rating
3.6
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
4,018 User Reviews
google
85,561 User Reviews
apple
4.8K User Reviews
TradingGuide
Our Rating
Total Rating:
94,379 User Reviews
Pros
  • Thousands of market assets.
  • Segregated account for storing traders’ funds.
  • Navigable and modern design platform.
Cons
  • No MetaTrader platforms.

3. CMC Markets - ASIC Regulated Trading Broker with Free Minimum Deposit

Sometimes getting started on a broker’s platform can be challenging, especially if there is a minimum deposit requirement involved. With CMC Markets, you can start trading with any amount you can afford. The markets to trade in are many, including forex, stocks, CFDs, and spread betting. 

TradingGuides Rating:
✔ Top tier forex and CFD broker
✔ Great selection of assets
3.9 rating
3.9
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
1,227 User Reviews
google
2,024 User Reviews
apple
110 User Reviews
TradingGuide
Our Rating
Total Rating:
3,361 User Reviews
Pros
  • Hundreds of currency pairs.
  • Impeccable stock trading platform.
  • Plenty of advanced risk management tools.
  • Powerful Next Generation and MT4 platforms, which are also supported on mobile devices.
Cons
  • Shares CFD trading is costly.

4. IC Markets - ASIC Regulated Trading Broker with Lowest Spread in the UK

IC Markets is one of the largest MT4 and ECN forex CFD brokers, allowing trades on stocks, commodities, forex, and more on all its platforms.
This ASIC-regulated broker has a raw spread account that charges low spreads starting from 0.0 pips, allowing frequent traders to perform multiple trades without spending a lot of funds. It also allows hedging, scalping, and automated trading with superior quality trading tools.

Pros
  • Reliable customer support, which is available 24/7.
  • Impressive materials for learning and research.
  • No hidden charges and fast trade execution.
Cons
  • Limited product range.

5. IG Markets - ASIC Regulated Trading Broker with 24/7 Customer Support

IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets

Frequent traders who place multiple trades daily need a broker with customer support that is available 24/7. IG Markets is the best ASIC-regulated broker that has very reliable everyday customer service. Rest assured of seamless activities.

TradingGuides Rating:
✔ Extensive range of offerings
✔ Leading broker with low fees
3.7 rating
3.7
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
36 User Reviews
google
11,737 User Reviews
apple
20.3K User Reviews
TradingGuide
Our Rating
Total Rating:
32,073 User Reviews
Pros
  • Thousands of assets (+17,000).
  • Superior quality research tools.
  • Top-notch platforms.
Cons
  • Costly trading fees.

6. Plus500 - Best ASIC Regulated Trading Broker for CFD Trading