Zornitsa Stefanova
Zornitsa Stefanova is a Financial Research and Platform Testing Analyst at BestBrokers.com, specialising in hands-on reviews of forex, cryptocurrency and stock trading platforms. She evaluates brokerage companies from a user-focused perspective, testing key areas such as account setup, trading conditions, platform usability, available markets and overall reliability.
| Expert Editor 
Eugene Lee, CFA
Eugene Lee, CFA, is the Head of Research at BestBrokers.com, where he draws on more than two decades of experience in global markets, portfolio management, derivatives, and fintech to evaluate online brokers. His background in institutional investing and quantitative research helps ensure that broker reviews are based on data, risk assessment, and real-world trading conditions. 
| Updated: On this page, we cover a range of regulated brokers that enable forex enthusiasts to trade the AUD/USD currency pair with low spreads. We reviewed the following brokers for their AUD/USD spread offerings and execution quality. We also cover the minimum spreads available, leverage ratios, and key market hours for trading the pair.
Fusion Markets74-89% of retail's CFD accounts lose money
FP Markets73.33% of retail investor accounts lose money
BlackBull MarketsTrading leveraged products is risky
Pepperstone73.7% of retail investor accounts lose money
VantageTrading leveraged products is risky
Eightcap59.57% of retail investor accounts lose money when trading CFDs with this provider.
Global Prime74-89% of retail CFD accounts lose money
IG67% of retail client accounts lose money when trading CFDs with this investment provider.
Plus500 USThis content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.
eToro52% of retail investor accounts lose moneyTop 10 AUD/USD Brokers Ranked by Trustpilot Score
| Forex Broker | Trustpilot Reviews | |
|---|---|---|
| 1. FP Markets | 9,422 | 4.9 ⭐ |
| 2. Fusion Markets | 4,873 | 4.8 ⭐ |
| 3. AvaTrade | 11,076 | 4.7 ⭐ |
| 4. Global Prime | 341 | 4.7 ⭐ |
| 5. Pepperstone | 3,144 | 4.4 ⭐ |
| 6. eToro | 29,171 | 4.2 ⭐ |
| 7. Plus500 | 17,312 | 4.2 ⭐ |
| 8. IG | 8,324 | 3.9 ⭐ |
| 9. Libertex | 9,566 | 3.9 ⭐ |
| 10. Saxo Bank | 7,617 | 3.6 ⭐ |
Comprehensive Comparison of the Top 10 AUD/USD Forex Brokers
| Forex Broker | AUD/USD Spread | AUD/USD Commissions | Number of FX pairs to trade | Our Score |
|---|---|---|---|---|
| 1. Libertex | 0.1 | 0.005% of traded volume | 50+ | 3.58 ⭐ |
| 2. eToro | 1 | $1 or $2 (stocks only) | 60+ | 3.24 ⭐ |
| 3. Plus500 | 1.0 | $0 | 60+ | 3.56 ⭐ |
| 4. FP Markets | 1.40 | Standard account: $0; Raw account: $6 round-turn per lot | 70+ | 4.37 ⭐ |
| 5. Saxo Bank | 2.1 | $3 per lot | 185+ | 3.90 ⭐ |
| 6. Fusion Markets | 0.91 avg. (Classic) | $0 on Classic accounts; $4.50 per round turn on ZERO accounts | 90+ | 4.38 ⭐ |
| 7. IG | 1.07 avg. spread | $0 | 90+ | 4.05 ⭐ |
| 8. Pepperstone | 1.10 (avg.) | $0 (Standard Account), $7 round-turn (Razor Account) | 90+ | 4.19 ⭐ |
| 9. Axi | 0.7 (avg.) | $0 on Standard account; $7 per round trip on Pro account | 80 | 3.79 ⭐ |
| 10. Global Prime | 1.02 avg (Standard) | $0 on Standard accounts; $7 round-turn on Raw accounts | 59 | 4.08 ⭐ |
Top 12 Brokers Offering the Lowest Spread for AUD/USD
Fusion Markets is a broker that has been offering its services to traders since 2019 and is regulated by the Australian Securities and Investments Commission (ASIC), Seychelles Financial Services Authority (FSA), and the Vanuatu Financial Services Commission (VFSC). Its catalog encompasses over 90 currency pairs, including AUD/USD.
The minimum spread at Fusion Markets depends on one’s account type. The BestBrokers team created a Classic account at the VFSC entity, funded it using a Visa card, and connected it to MT4. We detected average AUD/USD spreads of 0.91 pips, with no commissions and a 0.9-pip markup on raw spreads.
After evaluating the Zero account, we noticed it offers better trading conditions despite the $4.50 round-turn commission on forex and precious metals. The AUD/USD spread can go as low as 0 pips, and we saw average spreads of 0.01 pips with this commission-based account.
To open an account with Fusion Markets, the registration process is straightforward. Deposit methods include Visa, PayPal, Skrill, and other options.
Gleneagle Asset Management Limited (ABN 29 103 162 278) trading as Fusion Markets, is the issuer of the Fusion Markets Products described in this communication. Trading in Fusion Markets Products involves the potential for profit as well as the risk of loss which may vastly exceed the amount of your initial deposit and is not suitable for all investors. You should read all of these Financial Product Service Terms, the Product Disclosure Statement (PDS) and the Financial Services Guide (available on our website) carefully, consider your own financial situation, needs and objectives for investing in these Fusion Markets Products and obtain independent financial advice.- 2. FP Markets
FP Markets clients can trade more than 60 currency pairs, along with shares, metals, commodities, ETFs, and cryptocurrencies. During testing, we opened both Standard and Raw accounts, connected them to MT4, and met the broker’s $100 minimum deposit requirement. On the Standard account, spreads started from 1.0 pip, with AUD/USD averaging around 1.45 pips.
The Raw account delivered tighter pricing, with spreads from 0.0 pips and an average of 0.35 pips on AUD/USD, alongside a $6 round-turn commission per standard lot. These low trading costs are among the factors contributing to the broker’s near-perfect Trustpilot score of 4.9.
FP Markets is suitable for both experienced traders and those new to the forex market. User-friendly platforms like MT4 and cTrader are among the available options, and the educational content encompasses webinars, podcasts, a range of video courses, and more.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Established in 2014, BlackBull Markets is a regulated forex broker offering competitive spreads and reliable trading conditions. We tested the broker’s two main retail account types, starting with the ECN Standard account, which follows a spread-only pricing model and offers minimum spreads from 0.8 pips. During testing, our team recorded average AUD/USD spreads of 0.9 pips on this account.
The ECN Prime account provides tighter spreads from 0.0 pips, alongside a $6 round-turn commission per standard lot. We captured an average AUD/USD spread of 0.1 pip on this account. Neither account type has a specific minimum deposit requirement.
BlackBull Markets supports popular third-party platforms, including MetaTrader 4, MetaTrader 5, TradingView, and cTrader, all available on desktop and mobile devices. These platforms are known for their stability, advanced charting tools, and algorithmic trading support, while cTrader stands out for its fast execution and user-friendly interface. Regulated by the FMA in New Zealand and the FSA in Seychelles, BlackBull Markets provides a secure trading environment with negative balance protection. Client funds are held in segregated accounts at ANZ Bank for added security.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.- 4. Pepperstone
Pepperstone is worth considering for traders interested in currencies and other instruments, with more than 1,400 markets across major asset classes. We assessed Pepperstone through its Cypriot entity, opening live Standard and Razor accounts on MT4. Minimum deposits started from $10.
On the Standard account, AUD/USD spreads averaged around 1.1 pips, with a minimum of 1.0 pip. The Razor account, carrying a $7 round-turn commission per standard lot, delivered tighter pricing, with AUD/USD spreads averaging 0.1 pips and starting from 0.0 pips.
Pepperstone is licensed by the Cyprus Securities and Exchange Commission, the UK’s Financial Conduct Authority, and other regulators. Maximum leverage for non-professional clients is therefore capped at 1:30 in the UK and EU. Its regulatory profile, broad market selection, MT5 support, and competitive trading conditions have made Pepperstone a popular choice, reflected in its Trustpilot score of 4.4 out of 5 stars.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 5. Global Prime
Global Prime gives clients access to MT4 and MT5, with TradingView expected to be added as another platform option. Its selection of 56 currency pairs includes both majors and minors, with AUD/USD available to trade.
The broker has a strong Trustpilot score of 4.7, with much of the positive feedback focused on customer support, trading conditions, and low spreads. Global Prime’s pricing is generally competitive. Standard account spreads start from 0.9 pips, while the Raw account offers spreads from 0.0 pips, alongside a $7 round-turn commission on forex and precious metals.
During our MT4 testing, average AUD/USD spreads came in at 1.02 pips on the Standard account and 0.12 pips on the Raw account.
Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017) and is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 385620. Gleneagle Securities Pty Limited trading as Global Prime FX, is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC. The website is owned and operated by FMGP Trading Group Pty Ltd, ABN 74 146 086 017. - 6. ActivTrades
With 54 currency pairs available to trade, ActivTrades offers forex enthusiasts a range of assets to choose from. Members of the broker can find all currency tickers on the in-house ActivTrader platform or the third-party options, MT4 and MT5. The AUD/USD pair is also featured in the forex selection at ActivTrades.
Relying on a spread-only pricing model, the broker offers a cost-effective way to trade AUD/USD, with the target spread for the pair being 0.6 pips. We captured an average spread of 0.8 pips while testing the broker with a retail account linked to MT4.
European clients can trade the pair with leverage of up to 1:20 or unlock a ratio of up to 1:400 if they qualify for professional accounts. The ActivTrades entities regulated offshore offer higher leverage on AUD/USD, allowing a maximum of 1:200 (Bahamas) and 1:500 (Mauritius). Position sizes for AUD/USD range from 0.01 to 100 lots.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 7. IG
IG is a well-established forex broker with roots dating back to 1974. Licensed by regulators in the UK, Germany, Australia, Cyprus, and Switzerland, IG offers a strong overall trading experience. Its market selection is extensive, with more than 17,000 tradable symbols, and the broker also provides robust security features. Traders can use MT4 and MT5, alongside IG’s proprietary web platform.
During testing, we primarily traded CFDs through a funded MT4 account. AUD/USD spreads started from 0.6 pips and averaged around 0.82 pips between 00:00 and 21:00 GMT, although they widened during lower-liquidity periods. At these levels, IG’s AUD/USD pricing remains competitive within the broader retail market. We also used guaranteed stop-loss orders on AUD/USD positions to manage risk, paying a 0.8-pip premium when they were triggered.
CFDs are complex instruments. 67% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. - 8. Saxo Bank
Established in 1992, Saxo Bank is one of the most reputable online forex brokers worldwide. We registered a live Classic account to assess its forex pricing. This is Saxo’s default account option and has no minimum deposit requirement. By contrast, Platinum and VIP accounts are aimed at high-volume traders and require much larger deposits of over €200,000 and €1 million, respectively.
Our Classic account testing showed minimum AUD/USD spreads from 0.6 pips, with average spreads of 0.8 pips for retail positions of up to 100,000 base currency units. Saxo uses institutional-style pricing, so spreads vary depending on notional position value. Larger trades with notional values of 5 million and 20 million base currency units resulted in wider spreads above 1 pip.
Saxo Bank is a pioneer of online trading platforms, and its proprietary software remains the only available platform option. While this may be a drawback for traders used to MT5 or other third-party platforms, Saxo’s platform is established, widely used, and relatively easy for experienced traders to navigate. It is also suitable for mobile trading, with the app supporting Android 9.0 and iOS 15.1 or later.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. - 9. Axi
Axi offers forex traders favorable conditions, low spreads, and a wide range of research and market analysis tools. Clients can trade more than 70 currency pairs on the user-friendly MT4 platform, including AUD/USD.
Traders can choose between Standard and Pro accounts. The Standard account offers FX spreads from 0.6 pips, while the Pro account provides spreads from 0.0 pips. Our team tested both and recorded average AUD/USD spreads of 0.7 pips on Standard and 0.1 pips on Pro. Both accounts were connected to MT4, although Standard required a $5 minimum deposit compared to $500 for Pro. The Standard account is commission-free, while Pro charges a $4.50 round-trip commission per lot, though rates may vary by Axi entity.
The CySEC-licensed entity in Cyprus also offers an Elite account for professional traders, with AUD/USD spreads from 0.0 pips and a lower $3.50 round-turn commission per lot.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 10. Libertex
Libertex operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC).
This broker’s catalog encompasses over 300 financial instruments, including stocks, bonds, commodities, and currency pairs like EUR/USD, EUR/JPY, USD/CAD, GBP/NZD, and AUD/USD, to name a few. The spreads offered by Libertex tend to be low.
We recorded an average spread for AUD/USD of 0.1 pips while testing the broker with a live MT4 Market account at the CySEC entity. Our positions in forex and spot metals like gold and silver were charged a commission of 0.005% per trade, or roughly €6 per lot, while other instruments are commission-free. MT4 Market Pro accounts offer the same spreads, but commissions are reduced to €3 per lot. Accounts connected to the Libertex proprietary platform also incur a €6 commission on forex but have slightly wider average AUD/USD spreads of 0.4 pips.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 11. Plus500
Plus500 is a reputable and multi-regulated forex broker, providing access to a diverse range of CFDs on 2,800+ markets, including 68 forex pairs such as the AUD/USD pair, commonly referred to as the “Aussie”. Trading forex futures and speculating on the fluctuations of the US Dollar Index is also possible at Plus500. The broker offers competitive trading conditions and leverage capped at 1:30 at the CySEC-regulated entity, where we registered.
After verifying and funding our live retail account, we were able to speculate on forex prices without incurring any additional commissions. Plus500 uses a spread-only pricing model and delivered average AUD/USD spreads of 1 pip during testing.
As noted by Plus500, the price of the pair can be impacted by multiple factors, including GDP growth, interest rates, and geopolitical events in Australia and the United States. To help traders stay up to date with market developments, Plus500 provides market news, analysis, and insights.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. - 12. eToro
Used by over 40 million traders worldwide, eToro is a broker that has earned a 4.2 score on Trustpilot and adheres to the rules of the UK’s Financial Conduct Authority, ASIC, CySEC, and more.
Its spreads are relatively competitive for a dealing-desk broker with a spread-only pricing model. We opened a CFD trading account with an initial balance requirement of $50, which enabled us to trade forex commission-free with minimum spreads from 1 pip and an average of 1.1 pips for AUD/USD under normal market conditions.
The broker’s help center includes information covering key topics for eToro users, but if you need further assistance, you can get in touch with the broker’s support staff at any time during weekdays.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
About the AUD/USD Currency Pair
AUD/USD is the currency pair involving the Australian dollar and the US dollar, where the former is the base currency. It shows how many US dollars are needed to purchase one Australian dollar.
Many refer to AUD/USD as the “Aussie,” and it is a major currency pair that is among the most popular options for forex trading, recording an average daily turnover of $466.9 billion in 2025. It is therefore practically impossible to find a forex broker that has not included AUD/USD in its selection of markets. This gives AUD/USD traders a broad selection of brokers to choose from, and the ones listed above tend to offer some of the lowest spreads for this pair.
AUD/USD can be influenced by a range of factors, including economic indicators such as inflation and the Reserve Bank of Australia (RBA) raising interest rates. If US rates are higher, capital tends to flow out of Australia and into the US, weakening the AUD/USD, and vice versa. Commodity prices, in particular, can be especially influential. This can be attributed to Australia’s top exports being raw materials.
Additionally, the Australian dollar is often considered a risk-on or cyclical currency. When global economic sentiment is positive and investors are willing to take on more risk, they tend to buy more volatile assets like the Australian dollar. Conversely, during risk-off periods of global uncertainty, economic slowdowns, or geopolitical tensions, traders tend to prefer safe-haven currencies like the US dollar, causing AUD/USD prices to depreciate.
The close economic relationship between China and Australia can also influence the pair’s prices. Since China is the largest trading partner of Australia, its economy has a significant impact on Aussie exports. Policy changes and concerns about a potential economic slowdown in China usually drive the prices of the pair downward.
Employment data and GDP growth in Australia and the US can boost or depress AUD/USD prices. For instance, lower unemployment rates and increasing wages in Australia typically have a positive impact on the pair’s performance.
What Is the Spread in Forex Trading?
Each currency pair has two prices: the bid price and the ask price. The former is the price for selling the currency, while the latter dictates how much is needed to buy it. The difference between the two is the spread, and traders generally prefer it to be as low as possible because it reduces the cost of entering a trade.
What Is the Lowest Spread for AUD/USD?
Technically, the AUD/USD pair can have a zero spread if one has chosen to go with a zero-spread account at their broker of choice. In general, however, the spread depends on the broker, especially for retail traders. At IG, for example, the minimum spread for this pair is 0.6 pips. In contrast, the minimum AUD/USD spread at XTB is currently 1.5 pips.
How Long Are AUD/USD Markets Open?
As is the case with all other forex pairs, you can trade AUD/USD at almost any time. The forex market is open 24 hours a day, but only during weekdays. There are busier times, and for AUD/USD, this usually happens between 19:00 and 04:00 GMT. The AUD/USD pair tends to be most active during this timeframe primarily due to the overlap of the Asian trading sessions, particularly the Sydney and Tokyo sessions, when liquidity and trading volume are at their peak.
The exact time the forex market opens and closes also depends on where one resides. If you are in Australia, for instance, you will not be able to trade forex until 7 a.m. AEST on Mondays.
Trading AUD/USD with Leverage
Leverage is a central feature of retail forex trading, and it is a crucial aspect of the foreign exchange market in general. It makes it possible for AUD/USD traders to control large positions by accessing additional market exposure through their broker. It also gives traders the opportunity to meet the typical 100,000-unit lot size requirement without much difficulty.
Leverage has the potential to amplify one’s profits, but it also makes trading riskier because potential losses also grow with the leverage. Margin calls, which happen when the trader’s margin falls below the requirement mandated by the broker, are another potential risk. If a position is margin called, the trader needs to deposit money to cover the margin requirement, or the position might be closed automatically. The trader can also close the position themselves.
AUD/USD traders should carefully consider what leverage they are comfortable using and take care to avoid excessive leverage, since the financial impact can be significant. Regulatory requirements in Australia and Europe restrict the maximum retail leverage for major pairs like AUD/USD to 1:30.
You might also be interested in exploring these top forex brokers:
- USD/JPY Forex Brokers
- USD/CAD Forex Brokers
- USD/CHF Forex Brokers
- USD/CNY Forex Brokers
- GBP/USD Forex Brokers
- EUR/USD Forex Brokers
- EUR/GBP Forex Brokers