Australian Securities and Investments Commission
Major regulatorAustralia · ASIC
Caps retail CFD leverage and guarantees losses cannot exceed account funds. In force since 29 March 2021 and extended to 2027. Note that Australia has no statutory compensation scheme equivalent to the UK’s FSCS — this is the gap most comparison sites never mention.
Compensation if the firm fails
We have not established whether a compensation scheme applies. Absence of a record here is not evidence there is none — check the authority directly.
Negative balance protection
Required. Losses cannot exceed the funds in the account.
ASIC 20-254MR product intervention order — read 2026-08-02
Maximum retail leverage
| Asset class | Maximum leverage |
|---|---|
| Major currency pairs | 30:1 |
| Minor pairs, gold, major indices | 20:1 |
| Other commodities, minor indices | 10:1 |
ASIC 20-254MR product intervention order — read 2026-08-02
A cap is a ceiling, not a target. Leverage decides the margin you post, not what a price move costs you — use the position size calculator to size from your stop instead.
Check a licence yourself
Search the entity named in your client agreement — not the brand on the website. A group can hold this licence and still open your account on a different, offshore company.
Open the ASIC registerBrokers that name ASIC
Naming a regulator is not the same as your account being covered by it. Confirm the entity.
Sources
- ASIC registers — read 2026-08-02
- ASIC 20-254MR product intervention order — read 2026-08-02