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Author: Admin | 2025-04-28
Yes Unavailable Indices Starting from 0.5 Pips $0 Yes Unavailable Spread Commission Swap Islamic Account Currencies Starting from 0.4 Pips $0 Yes Unavailable Stocks Starting from 0.1% $0 Yes Unavailable Commodities Starting from $0.19 $0 Yes Unavailable Indices Starting from 0.4 Pips $0 Yes Unavailable Using Leverage with ASIC-Regulated BrokersThis is linked to our point above about regulation. Different regulators have different guiding policies in leverage. Consider this, with brokers based in Europe operating under the rules of the European Securities and Markets Authority (ESMA), the leverage for Contracts for Difference (CFD) is heavily regulated. Because of this, you can only get leverage of:30:1 for major currency pairs 20:1 for non-major currency pairs, gold, and major equity indices 10:1 for commodities other than gold and non-major equity indices 5:1 for individual equities and any underlying not otherwise mentioned 2:1 for cryptocurrenciesHowever, you should note that ASIC does not fall under ESMA rules. Australia is not a member of the European Union. Therefore, it is not directly subject to the regulations and directives of ESMA, including the Markets in Financial Instruments Directive II (MiFID II).However, it's worth noting that Australia strives to maintain a financial regulatory framework that is in many ways comparable and competitive with international standards.Regarding leverage, ASIC hasn’t set a specific maximum leverage limit for FOREX trading as is seen in some other jurisdictions, like those governed by ESMA in the European Union.However, brokers operating in Australia under ASIC are expected to follow strict risk-management protocols, and they are required to ensure that their clients are trading within their means and understand the risks associated with leverage.It's worth noting that leverage offerings can vary among Australian brokers, and it's always a good practice for traders to verify the current rules and offerings directly with the regulator.This ties back to our previous discussion on regulation. Different regulatory bodies have distinct policies regarding leverage. For instance, in Europe, the ESMA strictly regulates leverage for CFD trading, as noted above. ASIC does not operate under ESMA's rules. Nonetheless, Australia aims to keep its financial regulatory framework aligned with global standards, ensuring
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