#1
Chatham Financial Corp.
RegulatedUnited StatesEst. 1991NFA
Regulation
License
Spread
88.7Score
Two hundred and thirty-seven brokers in the WIKILIX database hold a licence from the Australian Securities and Investments Commission, and this page lists every one of them, ranked by WIKILIX score. It is the complete ASIC register as we hold it, not a shortlist. 154 of the 237 carry a clean regulation status, and the other 83 carry a flag we have recorded against them, and both groups are here. A page that quietly dropped the flagged firms would tell you less than the register does.
ASIC is a tier-1 regulator, so a broker holding an Australian Financial Services Licence has met capital and conduct requirements that most offshore registries never ask for. That is why the ASIC name carries weight, and why it gets copied. The score in the table below is the WIKILIX composite: it reflects how complete and consistent a broker's record is across its licences and its operating history, and it is not a safety rating. That gap matters here, because sorting by score pushes a few flagged entries near the top.
| Broker | Score | Opened | Other licences | Status |
|---|---|---|---|---|
| Ebury | 84.8 | 2009 | FCA, SFC, FINTRAC, AMF, DFSA | Clean |
| Blackrock | 83.7 | 2023 | SFC, MAS, FCA | Suspicious clone |
| HANTEC MARKETS | 83.1 | 2009 | FCA | Clean |
| IG | 69.5 | 1974 | FCA, MAS, BaFin and 5 more | Clean |
| J.P. Morgan | 59.1 | 1799 | SFC, SEC, FCA and 4 more | Clean |
The entry listed as Blackrock shows why the full register is worth reading. It scores 83.7, sits near the top, and is flagged as a suspicious clone: a Hong Kong firm registered in 2023, not the asset manager whose name it borrows. A curated "best ASIC brokers" page would drop it or, worse, rank it. Here it stays visible with its flag attached.
What an ASIC licence covers, and what this list required
Inclusion needs one thing: at least one active ASIC licence recorded against the broker. We applied no score, age or status filter, so the flagged firms appear alongside the clean ones. For the clean entities the licence is not a formality. ASIC caps retail CFD leverage at 1:30 and requires client money to sit in segregated accounts, with disputes handled by the Australian Financial Complaints Authority. Several brokers here still advertise 1:500, 1:1000, even 1:5000, which usually signals the offshore arm rather than the ASIC-licensed one, since those figures cannot legally be offered to Australian retail clients.
- 154 carry a clean regulation status; 83 carry a flag.
- 40 are flagged as suspicious clones, 19 as offshore, and 3 as scams.
- Scores run from 22.0 to 84.8, with a median near 52.
- The oldest lineage is J.P. Morgan, recorded from 1799, and more than twenty of the firms here were operating before 2000.
What the register does not tell you
An ASIC licence attaches to one legal entity, and many groups hold it through an Australian arm while onboarding most clients through an offshore one. Pepperstone and IC Markets both appear here with an ASIC licence, and each also holds an offshore one, Pepperstone in the Bahamas and IC Markets in Seychelles, so the company that opens your account may not be the Australian entity. The register holds nothing on spreads, execution or whether a broker accepts clients from your country, and it will not tell you which of a firm's licences applies to you. Find the entity named in your client agreement, then check its AFSL number on ASIC Connect before you deposit.
- Read the client agreement for the entity name, not the marketing site, and match it to the AFSL.
- Search the AFSL number on ASIC Connect rather than trusting a badge on the website.
- Check whether the ASIC-licensed entity is the one holding your funds, or a related offshore company.
- Treat a familiar brand name as a reason to verify: the clone flag exists because names get reused.
239brokers on this list
Researched & ranked by the Wikilix team
- #2
Ebury Partners Markets Ltd
RegulatedUnited KingdomEst. 2009FCA
RegulationLicenseSpread84.8Score - #3
Blackrock
Suspicious CloneHong KongEst. 2023SFC
RegulationLicenseSpread83.7Score - #4
Hoxton Capital Management
RegulatedUnited KingdomEst. 2023FCA
RegulationLicenseSpread83.5Score - #5
Trading Space UK Ltd
Suspicious CloneUnited KingdomEst. 2021ASICRegulationLicenseSpread83.1Score - #6
Hantec Markets Limited
RegulatedUnited KingdomEst. 2009FCARegulationLicenseSpread83.1Score - #7
BTIG LLC
ExceededUnited StatesEst. 2002SFCRegulationLicenseSpread81.6Score - #8
Pepperstone Group Limited
Suspicious CloneAustraliaEst. 2010ASIC
RegulationLicenseSpread81.4Score - #9
Velocity Trade Limited
RegulatedAustraliaEst. 2007ASIC
RegulationLicenseSpread81.3Score - #10
tastytrade, Inc
Suspicious CloneNorthern Mariana IslandsEst. 2015FINRA
RegulationLicenseSpread81.2Score - #11
Oriental International Financial Group
Suspicious CloneChinaEst. 2000FCARegulationLicenseSpread80.3Score - #12
WARWICK CAPITAL LIMITED
RegulatedIrelandEst. 2010ASICRegulationLicenseSpread78.1Score
This register rebuilds itself from the WIKILIX licence records, so a broker that gains or loses an ASIC licence, or has a flag added or removed, moves on or off the page without anyone editing it by hand. The counts here reflect the database on the day the page was generated, and the status labels are our own assessments rather than ASIC's. ASIC publishes its own authorised and banned lists, and the AFSL number on its register is the record that governs a deposit.
If 237 entries are more than you need, the companion pages narrow the same data. The clean-status ASIC list drops the 83 flagged records, the 15-year list keeps only long-established firms, and the tier-1 ranking widens the frame to every tier-1 regulator rather than ASIC alone. For brokers licensed elsewhere, the FCA, CySEC and FSCA registers take the same complete approach, flagged entries included.
Treat this page as the start of a check, not the end of one. The value is in knowing a firm sits in ASIC's records at all, and seeing what we have flagged against it. The rest belongs to the entity's client agreement and the live ASIC register.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
Find the legal entity name in the broker's client agreement, not the marketing site, then search its AFSL number on ASIC Connect, ASIC's public register. Confirm the licence is current and that the entity holding your funds is the licensed one rather than a related offshore company. A familiar brand name is a prompt to verify, not proof.
It means the firm reuses a licensed broker's name or details to look regulated when the entity behind the site is not the licence holder. It is the most common flag on this list, applied to 40 of the 237 ASIC entries. Clones often borrow well-known brand names, which is why matching the exact legal entity to its AFSL matters.
The list is sorted by WIKILIX score, which measures how complete and consistent a broker's record is, not how safe it is. A well-documented firm can score highly and still carry a flag: the entry labelled Blackrock scores 83.7 yet is recorded as a suspicious clone. The status column, not the score, is where the safety signal sits.
This list is built from where each broker is licensed and headquartered, not from which countries it accepts. An ASIC licence does not mean a broker onboards clients everywhere, and many groups route non-Australian clients to an offshore entity ASIC does not oversee. Check the specific entity in the client agreement and its terms for your country.
No. An ASIC licence is a meaningful signal, but 83 of the 237 firms on this list carry a flag in our records, from offshore operation to 40 suspicious clones and 3 recorded scams. A licence held by a group does not guarantee that the specific entity you deal with is the licensed one, so verify the AFSL on ASIC Connect first.
J.P. Morgan carries the oldest opening date on the list, recorded from 1799, ahead of long-established names such as HSBC from 1865 and IG from 1974. More than twenty of the 237 were operating before 2000. Age is not the same as a clean record, though, since a few of the older entries still carry a flag.
ASIC is the Australian Securities and Investments Commission, the country's tier-1 markets regulator. A broker it licenses holds an Australian Financial Services Licence and must meet ASIC's capital and conduct rules and cap retail CFD leverage at 1:30. The licence covers one named legal entity, not every brand or website that displays the ASIC name.
237 brokers in the WIKILIX database hold at least one ASIC licence. 154 carry a clean regulation status and 83 carry a flag, including 40 marked as suspicious clones and 3 recorded as scams. The list is generated from licence records, so the total shifts as licences are added or withdrawn.