#1
JPMorgan Chase & Co.
RegulatedHong KongEst. 1799SFC
Regulation
License
Spread
59.1Score
Ten firms have held an Australian Securities and Investments Commission licence longer than any other broker in the WIKILIX database. The oldest of them, J.P. Morgan, carries a recorded opening date of 1799. The tenth, Plotio Global Financial, dates from 1983. All ten were selected from the 135 ASIC-licensed brokers with at least ten years on record, and the order below is nothing but the opening date, earliest first.
| # | Broker | Opened | Score | Other authorities recorded |
|---|---|---|---|---|
| 1 | J.P. Morgan | 1799 | 59.1 | SFC, FCA, SEC, CySEC, MFSA, LFSA |
| 2 | HSBC | 1865 | 67.2 | SFC, LFSA |
| 3 | StoneX One | 1866 | 60.7 | NFA, FINRA, FCA, MAS, FINTRAC, CBUAE |
| 4 | Bank of Queensland | 1874 | 59.1 | None recorded |
| 5 | CommBank | 1911 | 42.4 | None recorded |
| 6 | ANZ | 1970 | 61.6 | CIMA |
| 7 | IG | 1974 | 69.5 | FCA, MAS, BaFin, FMA, DFSA, FSCA, FSA |
| 8 | PhillipCapital | 1975 | 59.2 | FINRA, SEC, DFSA |
| 9 | Travelex | 1976 | 59.1 | None recorded |
| 10 | PLOTIO | 1983 | 43.6 | ADGM, HKGX, MISA, FMA, SCB |
How this ranking was built
One field decides the order: the opening date recorded against each broker. Not the score, and not the number of licences held. The pool was every broker in our database holding an ASIC licence with at least ten years of operation, which came to 135 firms on the day this page was built. Of those, 67 opened before 2010 and 25 before the year 2000.
Two firms with opening dates earlier than Plotio's are missing from the table. Both carry a WIKILIX status flag, and a flagged record does not go into a hand-picked ten. That screen took 36 of the 135 out of contention altogether: 19 recorded as suspicious clones, 9 as offshore, 6 as exceeding their licence scope and 2 as operating without regulation.
The number beside each name is the WIKILIX score, our own composite rating for that broker. It played no part in the ordering, and the two measures do not track each other closely. IG, founded in 1974, scores 69.5 and is the strongest of the ten. J.P. Morgan, older by 175 years, scores 59.1. Across the full pool of 135 the median score is 52.4, and the range runs from 28.2 to 84.8.
What an opening date does not tell you
Read the top of this table as a company founding date, not as the launch of a trading desk. HSBC was founded in 1865 and Bank of Queensland in 1874, well over a century before retail currency trading existed in any recognisable form. Commonwealth Bank's 1911 date and Travelex's 1976 date describe the parent business, and the ASIC-licensed activity recorded against them began far later.
That is also why this list looks nothing like the usual roundup of long-running Australian brokers. Among the retail names in the same pool, IG has the earliest date at 1974, with Interactive Brokers recorded at 1996, FXCM at 2000, IC Markets at 2007 and Pepperstone at 2010. A firm's age says something about institutional durability. It says nothing about the platform or the conditions on a retail account opened tomorrow.
What an ASIC licence covers
ASIC is classified as a tier-1 onshore regulator in the WIKILIX database, and 236 brokers on this site hold at least one ASIC licence. Firms dealing in derivatives for Australian clients need an Australian Financial Services Licence, and complaints a firm cannot settle go to the Australian Financial Complaints Authority. ASIC also caps retail CFD leverage through a product intervention order. The maximum leverage figures in our records for these ten run from 1:1 to 1:1000, and those are maximums recorded for the firm rather than what an Australian retail account will be offered.
Checks worth running before you open an account
- Look up the licence number on ASIC's own registers at https://asic.gov.au/online-services/search-asics-registers/ and confirm it is current.
- Check that the legal entity named on your account agreement is the one holding the licence. Seven of these ten are recorded with licences from more than one authority, and the entity you contract with decides which rules apply to you.
- Confirm which regulator covers your own account, since a group can hold an ASIC licence and still onboard you through an entity somewhere else.
- Read what happens to client money if the firm fails, and whether the Australian Financial Complaints Authority at https://www.afca.org.au is open to you.
What this page cannot tell you matters just as much. We hold no spread data and no execution statistics, so nothing here ranks cost or fill quality. The database also has no field for which countries a broker accepts clients from. Every figure reflects the WIKILIX records as of today, and licence entries change.
10brokers on this list
Researched & ranked by the Wikilix team
- #2
The Hongkong and Shanghai Banking Corporation Limited
RegulatedHong KongEst. 1865SFC
RegulationLicenseSpread67.2Score - #3
StoneX One
RegulatedUnited StatesEst. 1866NFA
RegulationLicenseSpread60.7Score - #4
Bank of Queensland Limited
RegulatedAustraliaEst. 1874ASICRegulationLicenseSpread59.1Score - #5
Commonwealth Bank of Australia
RegulatedAustraliaEst. 1911ASICRegulationLicenseSpread42.4Score - #6
Australia and New Zealand Banking Group Limited
RegulatedAustraliaEst. 1970ASIC
RegulationLicenseSpread64.6Score - #7
IG Group Limited
RegulatedUnited KingdomEst. 1974ASIC
RegulationLicenseSpread70.2Score - #8
PhillipCapital
RegulatedSingaporeEst. 1975FINRA
RegulationLicenseSpread59.2Score - #9
Travelex Limited
RegulatedAustraliaEst. 1976ASICRegulationLicenseSpread59.1Score - #10
Plotio Global Financial Limited
RegulatedHong KongEst. 1983ADGM
RegulationLicenseSpread47.0Score
This page is a snapshot of one field, and that field moves. A broker whose opening date is corrected, or whose status label changes after a regulator update, can drop out of the ten without anything else on the ranking shifting. The underlying records are rechecked on the same cycle as the rest of the broker database, and the pins are reviewed whenever the pool query returns a different set of oldest firms.
If age is not the criterion you care about, the sibling rankings answer the same question from other angles. Top 10 ASIC regulated brokers by score takes the same regulator and orders by our composite rating instead. ASIC regulated brokers with 15+ years gives the full population rather than a selection of ten, and the complete ASIC list drops the age condition entirely. For the same age-ordered treatment under a different authority, see the ten longest-established FCA regulated brokers. Readers comparing regulatory standing across authorities may prefer tier-1 regulated brokers scoring 70+.
Nothing here is advice about which firm to use. This page records what our database holds about licences and opening dates, and every one of those entries should be confirmed against the regulator's own register before any money moves.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
Not on this evidence. IG, dated 1974, holds the highest score of the ten at 69.5, while J.P. Morgan, older by 175 years, sits at 59.1 and Commonwealth Bank at 42.4. Across the full pool of 135 ASIC-licensed brokers the median score is 52.4 and the range runs from 28.2 to 84.8. Age and score are recorded independently.
IG, with eight authorities recorded against it: ASIC, the FCA, MAS, BaFin, DFSA, FSCA, FMA and an FSA entry. J.P. Morgan and StoneX One follow with seven each. Our regulator list is deduplicated, so a firm holding several licences from one authority appears once for that authority. The figure counts distinct authorities, not the number of licences held.
Because the ordering uses the recorded opening date, and a banking group founded in the 1800s outranks any brokerage on that measure. J.P. Morgan dates from 1799, HSBC from 1865 and Bank of Queensland from 1874. The date describes the institution rather than the trading arm, and it carries no information about the retail trading product offered under the ASIC licence today.
This page cannot answer that. The list is built from licence records and opening dates, and the WIKILIX database holds no field for which countries a broker accepts clients from. Several of these firms hold licences in other jurisdictions, so a non-Australian client may be onboarded through a different entity under a different regulator. Check the firm's own terms and confirm which entity holds your account.
No. The list is built from licence records rather than product ranges, and six of the ten are banking groups or a currency exchange business rather than retail CFD providers. J.P. Morgan, HSBC, Bank of Queensland, CommBank, ANZ and Travelex all appear because an ASIC licence is recorded against them. For CFD providers specifically, the retail names on the list are the relevant entries.
135, measured on the day this page was built. That counts every broker in the WIKILIX database recorded as holding an ASIC licence with an opening date at least ten years ago. Brokers with no recorded opening date are excluded from the count entirely rather than treated as new, so the true number of long-established ASIC licence holders may be a little higher.
J.P. Morgan, with a recorded opening date of 1799. HSBC follows at 1865 and StoneX One at 1866. Those are the founding dates of the parent institutions rather than the start of any ASIC-licensed trading activity, which is why the first entries are banks. The oldest firm here that most retail traders would recognise as a broker is IG, dated 1974.
ASIC is the Australian Securities and Investments Commission, the corporate and financial services regulator for Australia. A firm dealing in derivatives for Australian clients holds an Australian Financial Services Licence issued by ASIC, which carries capital, conduct and disclosure obligations and brings the firm under the Australian Financial Complaints Authority. WIKILIX classifies ASIC as a tier-1 onshore authority, and 236 brokers in our database hold at least one ASIC licence.