Review Founded in 2014 Headquarters in Australia Open Demo Account Open Live Account BEGIN item ContentsPros and ConsRegulationAccount TypesTrading PlatformsIRESS PlatformAssetsEducationCustomer ServiceConclusion is an existing online forex and CFD broker located in Australia that began offering its services in 2014. Originally branded as RubixFX, the firm, which is owned by Gleneagle Securities PTY Ltd, rebranded itself as in early 2020 as means to expand globally.

As part of the rebranding the firm also added to its features, including new trading platforms, additional assets, and new account types. The change was definitely a positive one, and customers have been quite pleased with the newly branded

In the following review we will dig deeper into the account types, platform, fees and other features of For the most current information regarding the broker, we do recommend you visit their website. Pros and Cons


Regulated by ASICOffers PAMM and MAM tradingMetaTrader 4 and 5 platforms


Stock trading (IRESS) minimums are quite Pros and Cons

Broker Regulation is fully registered as a broker, with regulatory authority from the Australian Securities and Investments Commission (ASIC), a tier-1 regulator. The actual regulation is held by the parent company Gleneagle Securities PTY Ltd. ASIC is known as a stringent regulator, and brokers adhering to their requirements are held as safer and more trustworthy by investors.

The obligations that ASIC places on regulated brokers include:

Segregated client fundsMinimum level of staff and owner trainingStrict accounting and auditing complianceRegular risk management audits

In addition to its ASIC regulation, is also licensed by the Vanuatu Financial Services Commission, which gives it a global reach.

Account types has three different account types in order to appeal to the full array of traders. There are both commission-free accounts, and accounts that have lower spreads, but also commissions. Each account features a different set of features, and choosing which account is most suitable will be one of the requirements for traders. Note that it is possible to change account types later, so long as there are no open positions.

Below are the three account tiers and the additional features traders can expect as they climb through these tiers: Account types

Standard Account

Minimum deposit: $200Minimum trade size: 0.01 lotsMaximum leverage: 1:500Variable spreads from 1 pipsCommission: none

Pro Account

Minimum deposit: $1,000Minimum trade size: 0.01 lotsMaximum leverage: 1:500Average spreads: 0.3 pips (raw spreads)Commission: $3.50 per lot

Alpha Account

Minimum deposit: $10,000Minimum trade size: 0.01 lotsMaximum leverage: 1:500Average spreads: 0.3 pips (raw spreads)Commission: $3.00 per lot

Hedging and Expert Advisors are allowed on all the different account types, and also has a demo account available for those who wish to test the platform, or to test out new trading strategies.

Trading Platforms gives its clients the choice between the classic MetaTrader 4 platform, which can also be used with its VPS solution for automated trading using Expert Advisors, or the updated MetaTrader 5 platform, which adds additional features suitable for CFD traders. No matter which platform is chosen you can expect rapid execution, advanced charting and order types, trading signals, and all the extensive functionality that the MetaTrader brand is known for.

Both platforms are available as desktop downloads, or as a mobile or web-based platform. Traders are fully in control of what environment they use to trade. All the trading platforms enjoy the same features and powerful capabilities.

Also available is the MetaQuotes Multi Account Manager platform, which allows those who manage funds for others to do so conveniently through a single trading interface. And those who want a more hands-off trading account can take advantage of the MetaQuotes Percentage Allocation Management Module (PAMM). This allows fund managers to trade your account on your behalf. Simply set the trading parameters and the fund manager trades within those limits.

IRESS Platform

One of the new features available from is the IRESS platform, which allows for trading of over 10,000 global stocks with Direct Market Access. You can trade with lightning-fast access to markets, with all trades done within tight spreads and with zero exchange fees. IRESS is suitable for long-term investors and for very short-term scalpers, and for every trading style between.

Clients need to create a separate IRESS account to access the service. Three tiers are available: Silver, Gold, and Platinum. Account minimums for the accounts are $10,000 AUD for Silver, $50,000 AUD for Gold, and $100,000 AUD for Platinum. Both the Silver and Gold accounts come with a $60 platform fee, but that is waived for the Platinum account holders. Commission rates start at $5 for the Platinum account, $7 for the Gold account, and $10 for the Silver account. Margin rates are also on a sliding scale, with the Silver account at 3% +/- floating interest rate, the Gold account at 2.5% +/- floating interest rate, and Platinum at 2.25% +/- floating interest rate.

The IRESS platform comes with all the following features:

Over 50 analytical charting tools and 59 technical indicatorsCompatible with Windows 7 and above and Mac OSXHighly configurable charts with rich graphicsOptional market depth featureAdvanced order management for complex strategiesCreate multiple watchlists and view in-depth informationRealtime news with search criteria and custom filter functions

Available Assets makes all the major asset classes available for their clients, including the new cryptocurrency class.

Forex: Over 40 forex pairs are available, including majors and an interesting mix of crosses and exotics.Cryptocurrency: Bitcoin, Ethereum and Ripple CFDs are offered for those who want to speculate on the exciting cryptocurrency markets.Indices: 10 different CFDs on indices, including most major indices from the U.S., Asia, and Europe.Metals & energies: Several commodities, such as gold, silver, copper, and oil are available to trade as CFDs.Shares: CFDs on over 10,000 shares are available, giving traders access to all the major global exchange traded markets.

Education and Research

Education is another area where has made great strides as a part of the rebranding. Where the prior brand was a bit shy in educational materials, now has an extensive library of articles, eBooks, and video on demand.

Traders can take advantage of basic materials that explain the forex market and trading methods, along with interactive courses covering the use of the MT4 trading platform, trading strategies, and trading tools. also provides extensive market analysis, including daily market reports, trading signals, and a market analysis blog.

Customer Service

Customer service at is comparable to what you will find at most online brokers. That means you can contact them via telephone, email, live chat, or through a form located on the website. Support is available in English, Chinese, and Vietnamese on Monday through Friday from 9:00 to 18:00 AEST.

Phone: AU Toll Free +1 800

International: +61 (0) 2 8039 7366


In Conclusion has made massive improvements to their platform and offerings, making them one of the top online brokers available for Australian investors. And with the addition of licensing in Vanuatu the broker is now going global as well, which is a positive for all investors across the globe.

The broker has different trading platforms for different trader needs, different account tiers for trader needs, and an extensive offering of education and research materials. now looks like a broker that can compete on the global stage, and they are well worth trying out to see if they would be suitable for your own trading needs.

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