I'm looking for a good broker to start live trading and would prefer an ASIC or FCA regulated broker with good trading conditions and customer service since I'm a beginner. Any recommendations?

Kendrick wrote: ↑

Mon Feb 21, 2022 10:16 pm

I'm looking for a good broker to start live trading and would prefer an ASIC or FCA regulated broker with good trading conditions and customer service since I'm a beginner. Any recommendations?

hello!! yep........ for aussies you may trust 2 brokers Pepperstone or FBS

I too have heard good things about those. But are they regulated by ASIC?

I have a few friends trading with Oanda that recommend them but I've never tried them personally.

So I just checked regarding FBS, that broker regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySEC), and in Australia by the Australian Securities and Investments Commission (ASIC) as well as in the Republic of South Africa by the Financial Sector Conduct Authority (FSCA) and in Belize by the International Financial Services Commission (IFSC) – licenses that enable the broker to service both clients throughout the European Union and around the globe with the exception of a few countries namely Japan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran.

So that is pretty good regulation, I think, and definitely includes ASIC.