Base Markets is our number-one pick and the recommended broker for readers looking for trading signals Australia wide. The pitch is refreshingly simple: a clear, low-cost broker focused on the essentials — forex, gold, indices and crypto CFDs — on the full MetaTrader 5 platform, with practically no barrier to entry. Deposits start from $0 and spreads from 0.0 pips, so getting started costs less than at most competitors. The bigger reason it holds rank 1, though, is the deal attached to it: open your account through our link and deposit US$400 — the capital stays yours to trade — and you unlock our complete forex signals and trade alerts service free. That's the same feed of gold, forex, oil, indices and crypto signals our paying subscribers get, each with a defined entry, take-profit and stop-loss, replacing a subscription worth roughly $2,500 a year. Check how to start and our published track record before you decide.
Regulation and safety — the honest picture for Australians
Base Markets operates under the supervision of the Financial Services Commission of Mauritius (FSC), a regulator that oversees trading firms and imposes requirements on client-fund segregation and know-your-customer (KYC) procedures.
It's worth being upfront: Base Markets does not hold an ASIC licence, so as an Australian you'd be dealing with an offshore entity. That means no access to the Australian Financial Complaints Authority (AFCA) if a dispute arises, and none of ASIC's retail client protections. The flip side is flexibility — offshore entities aren't bound by ASIC's retail leverage caps.
As with any leveraged trading, regulation reduces operational risk but never removes market risk. Start with a demo account and an amount you can genuinely afford to lose.
Accounts and costs
The standout feature of Base Markets is cost: an initial deposit starting from $0 and spreads from 0.0 pips put the price of entry — and of every trade after that — among the lowest in its class.
That combination of practically no deposit minimum plus tight spreads makes it a sensible fit if you're starting with a modest amount — say the equivalent of a few hundred Aussie dollars — and want to test the market for real without a big commitment.
Platform and execution
Base Markets runs exclusively on MetaTrader 5 (MT5), the most advanced retail platform going: proper charting, pending orders, automated trading via Expert Advisors, and multi-asset support.
MT5 is available on web, desktop and mobile (iOS and Android), so you can manage positions from anywhere — handy given most forex volume hits during the London and New York sessions, which land in the evening and overnight AEST.
Free trading signals with a US$400 deposit
This is the exclusive part for Best Trading Signal readers: open your account through the button on this page, deposit US$400 and activate the account, then contact us to switch on your free signals subscription. The US$400 is not a fee — it stays in your account as your own trading capital.
The signals cover gold (XAUUSD), forex majors, oil, indices and crypto, each delivered on Telegram with an entry price, take-profit and stop-loss. Our track record — 94% average weekly accuracy by points and +135,081 net points over 25 published weeks — is documented on the performance page.
If you'd rather not open a broker account, the same service is available as a paid subscription through our Telegram bot — the signals page compares both paths.
Swap-free accounts and trading around AEST
Swap-free account options (no overnight interest) are available for clients who need them — request the option when you register and confirm its terms.
That matters more than you might think for Australians: because the New York close falls in the morning AEST, positions held through your local morning attract overnight swap on standard accounts. A swap-free account removes that cost consideration for longer holds; just check how it affects your other trading conditions first.