6 Best Forex Brokers for AUS200 Trading 2024

A forex broker is a financial services company that provides traders with access to platforms for buying and selling currencies, acting as intermediaries between retail traders and the global currency market. This access allows individuals and businesses to trade electronically across a variety of financial instruments.

The AUS200, also known as the ASX 200, represents the top 200 largest companies listed on the Australian Securities Exchange (ASX). Trading the AUS200 enables investors to speculate on the performance of Australia’s leading companies, offering insight into the health and stability of the Australian economy. Traders can access the AUS200 through derivatives like Contracts for Difference (CFDs), allowing them to capitalize on price fluctuations without directly owning the underlying assets.

With many online forex brokers available, finding the best one for AUS200 trading can be challenging. Important factors to consider include trading fees, spreads, leverage options, and the quality of the trading platform. This article has compiled a list of the best forex brokers for trading the AUS200, helping you find trustworthy partners that align with your trading objectives for a smooth and effective trading experience.

A List of Top 6 Forex Brokers for AUS 200 Trading

• Pepperstone: Best Overall Brokers 
• IC Markets:  Best for tight spreads
• FP Markets: Low-Cost Broker  
• Etoro: Best for Social Copy Trading
• Eightcap: Best for Smart Trading 
• Blackbull Markets: Best for Free TradingView 

Best Forex Brokers for Trading AUS200 (Reviewed and Compared)

What is a Forex Broker?

A forex broker is a financial services company or institution that provides traders with access to a platform for buying and selling foreign currencies in the global foreign exchange (forex) market. Acting as intermediaries, forex brokers enable both retail and institutional clients to participate in this decentralized market by facilitating the execution of currency trades. They connect traders to forex liquidity and the global banking system, allowing them to speculate on currency pairs without owning physical currencies. Forex brokers offer round-the-clock online trading services five days a week (24/5), making the market accessible across different time zones.

The forex market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6.6 trillion. It operates on a global scale, encompassing participants from banks and financial institutions to individual traders. Forex brokers provide services such as trading platforms for executing trades, market analysis, educational resources, and various trading tools to support decision-making. This market, structured as an over-the-counter (OTC) system, facilitates the buying, selling, and exchange of currencies at prevailing market rates, determining foreign exchange rates for all global currencies.

In addition to currency pairs, forex brokers often offer a wide range of trading instruments, including indices, commodities, stocks, and cryptocurrencies. These instruments are typically available as Contracts for Difference (CFDs), allowing traders to speculate on price movements without directly owning the underlying assets. CFDs enable traders to gain exposure to various markets while using leverage, amplifying both potential profits and risks. By providing access to a diverse array of trading instruments, forex brokers cater to different trading strategies and preferences, enhancing the overall trading experience and allowing clients to build diversified portfolios.

What is the AUS200 Index?

The AUS 200, commonly known as the S&P/ASX 200 Index, is a stock market index that tracks the performance of the 200 largest companies listed on the Australian Securities Exchange (ASX) by market capitalization. Established in 2000, the AUS 200 serves as a key benchmark for the Australian equity market, representing major firms across various sectors, including finance, materials, healthcare, and consumer discretionary. The index is calculated using a free-float market capitalization-weighted methodology, which means it reflects the market value of shares available for trading, giving more weight to larger companies within the index.

Forex brokers frequently offer the AUS 200 as CFDs (Contracts for Difference), allowing traders to speculate on its price movements without directly owning the underlying stocks. On trading platforms, it may appear under various names such as ASX 200, Australia 200, or AUS200 Cash. The AUS 200 is closely monitored by investors as an indicator of the economic health and investor sentiment within Australia and its impact on the broader Asia-Pacific region. Its performance can be influenced by various factors, including macroeconomic data, corporate earnings reports, and changes in commodity prices, especially in mining and agriculture. An increase in the AUS 200 typically reflects growing confidence in the Australian economy, which can also affect related currency pairs, particularly those involving the Australian dollar (AUD) and the U.S. dollar (USD).

Do Forex Brokers Allow AUS 200 Trading?

Yes, forex brokers generally allow AUS 200 trading. The AUS 200, also known as the S&P/ASX 200 Index, tracks the performance of the 200 largest companies listed on the Australian Securities Exchange (ASX), making it a significant indicator of the Australian equity market. Forex brokers often provide access to AUS 200, enabling traders to capitalize on market movements within this vital index.

Forex brokers typically offer AUS 200 as a Contract for Difference (CFD), allowing traders to speculate on the index’s price movements without needing to own the underlying assets. This trading method provides advantages such as leverage, enabling traders to manage larger positions with a smaller capital investment. By offering AUS 200 as a CFD, brokers accommodate various trading strategies, from short-term trading to long-term investments, providing opportunities for profit in both rising and falling market conditions.

Based on our research, the best forex brokers that offer the AUS200 index include Pepperstone, ActivTrades, and FP Markets. These brokers are well-regarded and regulated globally. Pepperstone is regulated by multiple authorities, including ASIC, FCA, and CySEC, known for its low spreads and high-leverage options. ActivTrades, recognized for its strong reputation among EU and UK traders, is regulated by FCA and CSSF, ensuring a secure trading environment. FP Markets, known for its competitive pricing and low-cost trading, is regulated by ASIC and CySEC, making it a suitable choice for traders interested in the AUS 200 index.

How to Trade AUS200 on Forex Brokers

Forex brokers nowadays offer a variety of trading instruments along with currency pairs, including stocks, indices, cryptocurrencies, commodities, ETFs, and futures. They provide access to these tradable assets as CFDs. AUS200, also known as the Australia 200 Index, is one of the most popular indices, representing the top 200 companies listed on the Australian Securities Exchange. Most forex brokers have this index available to trade on their platform.

To trade AUS200, the first step is to acquire knowledge about the index market and how Index trading works. Learn how to analyze the markets and create a trading strategy that will help you generate your trading signals. Practice and perfect your strategies on a demo account. When you are ready to start live trading, you can proceed.

Here are the 6 steps to start AUS200 trading on Forex Brokers:
Step 1: Choose a Forex broker and open an account.
Step 2: Verify the account, fund it, and download the trading platform if required.
Step 3: Find the AUS200 index from the list of tradable assets and create a new order.
Step 4: Set your trade volume, stop loss, take profit, etc.
Step 5: Place your order by clicking ‘buy’ or ‘sell’.
Step 6: Monitor the trade and close it when you are satisfied. This completes AUS200 trades.

Which session is best for trading AUS200?

The Sydney session is considered the best time to trade the AUS200 due to its high volatility and significant trading volume during these hours. The AUS200, also known as the ASX 200, represents the 200 largest companies listed on the Australian Securities Exchange, making it a key benchmark for the Australian stock market and an important indicator of the overall health of the Australian economy. During the Sydney session, active participation from institutional investors, mutual funds, and other major market players contributes to increased liquidity and tighter spreads, creating favorable trading conditions.

Moreover, the overlap between the Sydney and Asian sessions, which occurs from 8:00 AM to 12:00 PM EST (1:00 AM to 5:00 AM GMT), is particularly beneficial for trading the AUS200. This period often sees heightened market activity as both Australian and Asian participants are engaged, resulting in greater liquidity and increased volatility. Traders can take advantage of this window to respond to economic news releases, corporate earnings announcements, and geopolitical developments that can significantly impact the AUS200. This makes the overlap a strategic time for those looking to capitalize on potential price movements in the Australian index.

Is AUS200 Available on MT4?

Yes, the AUS200 index is available for trading on the MetaTrader 4 (MT4) platform. The AUS200, also known as the ASX 200 (Australian Securities Exchange 200 Index), tracks the performance of the 200 largest companies listed on the Australian Securities Exchange. This index serves as a key benchmark for the Australian stock market, representing a diverse range of sectors, including finance, materials, and healthcare. Traders can access the AUS200 through various forex brokers that offer this index as part of their trading instruments. The AUS200 index allows traders to speculate on the performance of leading Australian companies, making it a popular choice for those looking to trade stock market indices on MT4. Be sure to check with your broker for specific availability and trading conditions related to the AUS200 index.

Is AUS200 Good for Day Trading?

Yes, the AUS200 Index is good for day trading. The AUS200, also known as the ASX 200, represents the 200 largest publicly traded companies listed on the Australian Securities Exchange. Day trading means buying and selling financial instruments within the same trading day to profit from short-term price movements. The AUS200 Index is a favorable option for day trading due to its volatility, high liquidity, and diverse representation of key sectors such as financial services, materials, and healthcare. This volatility creates opportunities for traders to capitalize on price fluctuations throughout the trading day, while its high liquidity facilitates efficient entry and exit from trades. Additionally, the AUS200 provides insights into the performance of the Australian economy, making it an attractive choice for traders looking to leverage market trends and capture short-term gains in a dynamic trading environment.

Final Verdict:

If you are a trader looking to trade the AUS200, you can choose a broker that aligns with your trading needs and preferences. We have thoroughly analyzed and compared the best forex brokers that offer AUS200  trading. We researched focusing on regulation, fees, trading conditions, customer support, trading platforms and tools, and so on. 

Based on our research and broker ratings, the top forex brokers offering indices trading include Pepperstone, ActivTrades, and FP Markets. These brokers are highly trusted and regulated worldwide. For instance, Pepperstone is regulated by 7 top-tier regulatory authorities, including ASIC in Australia, CySEC in Cyprus, FCA in the UK, DFSA in Dubai, BaFin in Germany, CMA in Kenya, and SCB in the Bahamas. ActivTrades is a UK-based forex broker well-regarded among EU and UK traders, with FCA and CSSF regulations supporting its credibility. 

FP Markets, regulated by ASIC, CySEC,  FSA, FSCA, and SVG is known for its low-cost trading and competitive pricing on indices like the US 30, making it an attractive choice for both new and experienced traders.

IC Markets is another strong contender for trading the AUS200. Regulated by ASIC, CySEC, and FSC, IC Markets is well-known for its competitive spreads and excellent liquidity. It offers access to AUS200 trading with multiple platforms, including MT4, MT5, and cTrader, providing traders with the tools they need for effective market analysis.

ActivTrades is a UK-based forex and CFD broker. It is regulated by the FCA and is popular among EU and UK traders for its reliable service and adherence to local regulations. ActivTrades offers AUS200  trading, along with advanced trading tools and features suitable for traders of all experience levels.

eToro is a reputed broker that offers the most popular indices like AUS200.  The broker is known for its social trading platform, ideal for beginners looking to copy expert traders. All the brokers mentioned here are regulated and trusted, you can choose any of the brokers from the list and start your trading journey.