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- Curated List of The 10 Best Forex Brokers for AUD/USD Trading
- How AUD/USD Trading Works for Traders and Brokers
- FAQ
Our team of expert traders has tested several regulated and trustworthy forex brokers and compiled a top list of the best brokers for trading AUD/USD. Each broker received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service and more.
Plus500 USThis content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.
eToro61% of retail investor accounts lose money
Fusion Markets74-89% of retail's CFD accounts lose money
FP Markets73.85% of retail investor accounts lose money
Global Prime74-89% of retail CFD accounts lose money
Pepperstone75.5% of retail investor accounts lose money
Our team has thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.
Curated list of the 10 best forex brokers for AUD/USD trading
Making the decision comes down to knowing what you want from a broker and finding a website that fits your personal criteria. These aspects often include the available banking solutions – that is, the variety of deposit and withdrawal methods – and whether the broker offers the option most convenient for you. In addition, maintaining safety is crucial, which is why it is best to choose brokers that are regulated by reputable financial regulatory bodies.
Finally, traders should look for a broker that offers their favourite tools while still providing competitive spreads for the AUD/USD; this is why we have focused on brokers with relatively tight forex spreads.
- Brand
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- Minimum deposit
- Regulations
- Trading instruments
- Spreads
- Leverage for Forex CFDs
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- Deposit methods
- Withdrawal Methods
- Commission per Lot
- Contact details
The AUD/USD is fondly known as the ‘Aussie’ among investors. It is one of the currency pairs that are heavily influenced by global commodity prices such as coal, gold, crude oil and others. This is because Australia is a major exporter of these commodities.
Whether the AUD/USD can be considered a minor or major pair is debatable, and different investors hold varying opinions on the matter. Consequently, its designation varies from broker to broker. Sometimes it is listed with majors, such as the EUR/USD, while in other cases it is placed in the minors category. This makes picking an AUD/USD broker a bit trickier than with other pairs.
How AUD/USD trading works for traders and brokers
The AUD/USD comprises two free-floating currencies. This means that, instead of being fixed, the exchange rates of both the US dollar and the Australian dollar are determined by supply and demand. The AUD/USD is therefore susceptible to volatility, which, in turn, creates ample trading opportunities.
The base currency in this pair is the AUD, whereas the US dollar is the quote currency, which means the pair is quoted in USD and trading is based on the number of US dollars required to buy a single Australian dollar. Trading is conducted in lots. There are several lot sizes within the forex market, and the largest is the standard lot, which consists of 100,000 units.
The AUD/USD can be traded by individual investors five days a week, and the market is open 24 hours a day. This, however, does not mean that the market closes at weekends. On the contrary, weekends are when banks, hedge funds and other large entities are the only participants. In the past, these institutions were the sole entities able to take part in the FX market as a whole, but the popularisation of online trading has made this possible for the ordinary investor as well.





