Top 10 ASIC Regulated Brokers by WIKILIX Score

Ten brokers, ordered by WIKILIX score, each holding a licence from the Australian Securities and Investments Commission. They were drawn from a pool of 79 ASIC licensed firms that carry a clean status in our records and have been trading for at least five years. Scores across that pool run from 50.1 to 84.8, with a median of 56.4. The ten below start at 84.8 and stop at 68.2.

How this ranking was built

Our database holds 235 broker records carrying an ASIC licence. Requiring a WIKILIX score of 50 or better leaves 146. Requiring a recorded status of regulation, which drops the records flagged as suspicious clones or as operating beyond the scope of a licence, brings that to 97. A five year minimum on the recorded opening date leaves 79, and those 79 are the pool. The ten on this page are the ten highest scores in it, in that order, with nothing adjusted by hand.

Score order is not brand order. Ebury Partners Markets, a corporate payments and currency firm, leads on 84.8. IG Group has been trading since 1974, longer than anything else in the top ten, and sits seventh on 69.5. AETOS opened in April 2021 and still reaches eighth. Across the wider pool, 38 of the 79 opened before 2010 and 64 hold licences from two or more authorities, so a long record and a broad licence footprint are ordinary here rather than exceptional.

What the score measures, and what it leaves out

The WIKILIX score is built from a broker's record: licences matched to regulator registers, the tier and onshore or offshore standing of the authorities that issued them, the length of the operating history, and any warning flag against the firm. It carries no pricing information. There is no spread, commission, swap or minimum deposit figure anywhere in this ranking, because we hold none of those numbers. A ranking that claims to order brokers by execution quality owes you the source of that measurement. We cannot give one, so we do not make the claim.

What an ASIC licence covers

ASIC regulates corporations, markets and financial services in Australia. An Australian Financial Services licence carries obligations that reach the retail client directly: client money held in segregated accounts, capital and reporting requirements on the licensee, and disputes that can be taken to the Australian Financial Complaints Authority. Since March 2021 an ASIC product intervention order has capped retail CFD leverage at 1:30 on major currency pairs. Seven of the ten brokers above record a maximum leverage well above that, up to 1:500. Read those figures as the maximum recorded against the broker record, not as leverage an ASIC licensed entity offers an Australian retail client.

Checks worth making before you open an account

• Search ASIC Connect's professional registers by AFS licence number rather than by trading name, and confirm the licence is current: ASIC register search.
• Compare the legal entity in your client agreement with the entity named on the licence. Hantec Markets Limited, Hantec Bullion Investment Limited and Hantec Markets (V) Company Limited are three separate records in our database, and two of them appear above.
• Check where the entity taking your deposit is incorporated. Seven of these ten are domiciled outside Australia, in the United Kingdom, Hong Kong, Ireland and the United States.
• Confirm the entity is covered by the Australian Financial Complaints Authority if a dispute route matters to you.

What this page cannot tell you: what any of these firms charges, how its platform executes, or whether it will accept you as a client from where you live. The order reflects licences and records held in the WIKILIX database on the day it was built, and a licence record can change without the broker announcing it. Verify anything that matters on the regulator's own register before you deposit.