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AuthorBy Chris Cammack
Updated: July 5, 2022

AUD/USD Background

A major pair and one of the most heavily traded currency pairs in the world, the AUD/USD accounts for nearly 7% of global Forex trading and is linked to commodity prices. The commodity price link is due to the Australian economy’s reliance on commodity exports. The AUD/USD is also very sensitive to Chinese economic data, due to the close association between Australian exports and the Chinese economy.

Because it is so heavily traded, the AUD/USD is less volatile than many minor and exotic currency pairs. But its close link to commodity prices and Chinese economic data means that price movement can be sudden at times. The highest volume trading for the AUD/USD is usually the end of the US trading day until the Asia-Pacific’s trading day midpoint. Spreads are generally tight, about 1.5 pips on average, but are often below 1 pip if you trade with an Australian broker. 

Common events that affect the price movement of the AUD/USD are major announcements on interest rates by the Reserve Bank of Australia and the Federal Reserve and the release of economic data that measures the economic health of Australia and China. The price of iron, gold, coal, and copper are also key factors in the price. Being the world’s foremost haven currency, the USD tends to strengthen against the AUD during economic downturns and times of financial instability.

The table below shows the Forex brokers with the lowest trading costs for AUD/USD, including the spread and commission. It also details the industry average spread and industry average trading cost for 1 lot of AUD/USD.

Best AUDUSD Forex Brokers

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Broker
Overall Rating
Official Site
Min. Spread
Commission
Cost of Trading (USD)
Ind. Avg. Spread
Ind. Avg. Trading Cost
Max. Leverage (Forex)
International Regulators
Trading Desk
Hedging
Scalping
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IG
4.69 /5
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0.60 pipsUSD 0USD 61.40 pipsUSD 22.6530:1FCA Regulated Forex BrokersASIC Regulated BrokersBundesanstalt für FinanzdienstleistungsaufsichtFinansinspektionenMarket Maker
Capital.com
4.68 /5
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0.60 pipsUSD 0USD 61.40 pipsUSD 22.6530:1FCA Regulated Forex BrokersCySEC Regulated BrokersASIC Regulated BrokersMarket Maker
Pepperstone
4.61 /5
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0.60 pipsUSD 0USD 61.40 pipsUSD 22.6530:1FCA Regulated Forex BrokersASIC Regulated BrokersCySEC Regulated BrokersDFSA Regulated Forex BrokersBundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets AuthorityNDD
Markets.com
4.49 /5
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3.10 pipsUSD 0USD 311.40 pipsUSD 22.6530:1FCA Regulated Forex BrokersCySEC Regulated BrokersASIC Regulated BrokersFinancial Services Conduct AuthorityBritish Virgin Islands Financial Services CommissionMarket Maker
AvaTrade
4.48 /5
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1.10 pipsUSD 0USD 111.40 pipsUSD 22.6530:1ASIC Regulated BrokersFinancial Services Conduct AuthorityBritish Virgin Islands Financial Services CommissionFinancial Services AgencyCySEC Regulated BrokersCentral Bank of IrelandMarket Maker
Tickmill
4.48 /5
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0.10 pipsUSD 4USD 51.40 pipsUSD 22.6530:1CySEC Regulated BrokersFCA Regulated Forex BrokersLabuan Financial Services AuthorityFinancial Services Conduct AuthorityThe Seychelles Financial Services AuthoritySTP
IC Markets
4.46 /5
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0.77 pipsUSD 0USD 7.701.40 pipsUSD 22.6530:1CySEC Regulated BrokersASIC Regulated BrokersThe Seychelles Financial Services AuthorityECN/DMA
Admiral Markets
4.34 /5
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1.00 pipsUSD 0USD 101.40 pipsUSD 22.6530:1ASIC Regulated BrokersCySEC Regulated BrokersFCA Regulated Forex BrokersFinancial Services Conduct AuthoritySTP
Axitrader
4.34 /5
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1.40 pipsUSD 0USD 141.40 pipsUSD 22.6530:1FCA Regulated Forex BrokersASIC Regulated BrokersFinancial Markets Authority of New ZealandDFSA Regulated Forex BrokersECN/DMA
FXTM
4.33 /5
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2.10 pipsUSD 0USD 211.40 pipsUSD 22.6530:1CySEC Regulated BrokersFCA Regulated Forex BrokersFinancial Services CommissionECN/DMA, Market Maker

Featured Brokers

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