Focus Markets Review Australia 2026

Focus Markets at a glance: 17 key facts

Focus Markets Pty Ltd holds ASIC AFSL 514425, current since 7 March 2019, and lists more than 800 CFDs on MetaTrader 5 alone. The 17 key facts in the table below cover the entity, the platform and the fee schedule.

The commission row carries no currency because the broker states none, and the section below sets out what else is missing.

Focus Markets Standard and Raw account pricing

Focus Markets Standard and Raw account pricing splits the usual two ways: Standard prices spread-only from an advertised 1.0 pips, and Raw narrows the spread to an advertised 0.0 pips and charges 3.50 per side per standard lot instead.

Both accounts reach the full instrument range and both run on the same platform, so the decision is purely which pricing shape suits a trader’s volume. No product range is gated behind either one.

Neither headline figure is attached to a currency pair, and the commission carries no currency label. That pricing combination matters more than it sounds, and the next section sets out exactly what is missing.

Other fees AU traders should check

• Overnight financing applies to positions held past the New York close, at 00:00 platform time, with the platform set to GMT+3. Triple swap falls on Wednesday for forex and Friday for other classes.
• Currency conversion: PDS clause 13.10 reserves an additional fee or spread on the conversion rate, and the quantum is not disclosed.
• Deposits and withdrawals carry no broker-side fee, though intermediary bank fees can apply on transfers.
• No inactivity fee appears in the June 2025 PDS. Clause 13.7 does allow exchange fees to be passed on, or CFD access to be removed, when an account sits idle.
• Guaranteed stop-loss orders are not offered, and the Australian FAQ states so outright.
• Swap-free accounts are available at the broker’s discretion with an administration fee, and can be withdrawn at any time under PDS 13.5.

What Focus Markets does not publish

What Focus Markets does not publish starts with the per-pair spread table most brokers on this site carry: it publishes one headline figure per account and stops there. The 0.0 pips quoted at the top of this review is that headline, the Raw account floor, and it is the broker’s own advertised figure rather than a rate measured on EUR/USD specifically.

The check covered all thirteen Australian pages, the June 2025 Product Disclosure Statement, the Financial Services Guide and the Client Agreement on 26 July 2026. No spreads table, no per-instrument schedule and no PDF exists. Six pricing disclosures are absent:

• A EUR/USD-specific spread, as distinct from the account-level floors it does quote
• A spread for AUD/USD, GBP/USD, USD/JPY or EUR/GBP
• Any statement of which currency the 3.50 commission is billed in
• A round-turn commission figure
• A swap rate schedule; the Australian FAQ says rates are calculated automatically in the trading platform, so they are visible only after an account exists
• The size of the conversion fee that PDS clause 13.10 reserves the right to charge

Focus Markets publishes no measured spread anywhere, and it is not part of the May to June 2026 capture behind the other pages on this site, so no measured figure of its own is held here either. Where this review quotes a cost, it is the broker’s published figure on the date given rather than a recorded one. The guide to how Australian brokers price their accounts sets out what the disclosed end of the field looks like.

The commission currency is the single most consequential gap. A 3.50 per side rate in Australian dollars and the same rate in US dollars differ by roughly half again at the July 2026 exchange rate, and nothing on the Australian site resolves which applies.

Focus Markets trading platforms

Focus Markets trading platforms number one: MetaTrader 5, across desktop, web and mobile, with no proprietary terminal and no second option.

MetaTrader 5

MetaTrader 5 is the whole platform story. Australian clients get the Windows build, white-labelled as focusmarkets5setup.exe, the generic MetaQuotes packages for Mac, iOS and Android, and a browser terminal at livetrader.focusmarkets.com.

Expert advisors and one-click trading work on both accounts. Minimum trade size is 0.01 lots and maximum is 100, with no cap on open positions or pending orders. The platform decision is defensible for a broker with nothing of its own to add, because MT5 is mature and it is what most systematic traders already run.

Mobile access

No Focus Markets app exists. Searches of the Australian Apple App Store across five terms and 211 results on 26 July 2026, and of the Australian Google Play storefront, returned no branded application. Mobile trading happens through the MetaQuotes MT5 app instead.

What is not available

On copy trading the answer is narrower than a flat no. The broker confirmed on 27 July 2026 that no third-party service is offered, naming none of ZuluTrade, Myfxbook or Pelican, and that clients can copy trades through the MetaTrader 5 Signals marketplace. The Signals platform is a MetaQuotes feature rather than anything Focus Markets operates, so the provider list, the subscription fees and the performance records all sit with MetaQuotes.

One documented platform inconsistency remains. The platform list on the legal page still includes cTrader, and no cTrader page, download or account option exists anywhere else in the Australian section, so that reads as stale drafting. The cTrader comparison for readers who need it sits in cTrader brokers in Australia.

Focus Markets execution and order handling

Focus Markets publishes its order rules and none of its outcomes. The order-handling mechanics, the 80% margin call and 50% liquidation levels, and the position on guaranteed stops are set out in the sections above and below. What no document covers is how the execution actually performs.

Focus Markets publishes no execution statistics of any kind: no average execution speed, no fill rate, no rejection rate, no slippage disclosure and no execution-quality report. We looked for each of those five across all thirteen of its Australian pages and in its June 2025 Product Disclosure Statement, Financial Services Guide and Client Agreement on 26 July 2026, and found none of them.

The gap sits in the broker’s disclosure rather than in our research, and an absence of measurement is not evidence of poor execution. This review does not treat it as one. Where execution speed is measured on brokers that do publish it, the method is set out in full.

Is Focus Markets safe? ASIC AFSL 514425

Focus Markets Pty Ltd holds ASIC AFSL 514425, commenced 7 March 2019, with its conditions recorded as at that date, meaning nothing has been added since.

The licence sits with the Australian Securities and Investments Commission and authorises advice, dealing and market making in derivatives and foreign exchange contracts, to retail and wholesale clients.

The licence carries no securities authorisation, which is why everything offered here, shares included, is a contract for difference rather than the underlying asset.

The entity Australians contract with

Australian residents cannot contract with anything else. Running the registration portal from an Australian connection on 26 July 2026, the entity dropdown offered Focus Markets Pty Ltd alone, and switching the country to Indonesia flipped it to Focus Markets Ltd of Saint Lucia. Every non-Australian path on the domain also redirects to the Australian site, so the offshore offer is unreachable from here.

That entity containment is worth crediting. Several brokers in this coverage leak an offshore entity through an unguarded link, and this one does not.

Focus Markets entity history and the licence record

The Focus Markets entity history and the licence record show seven corporate authorised representatives and six registered business names on AFSL 514425 since 2019, one of them current.

Five licence dates matter and they are easy to run together. The licence entity was registered on 3 March 2014 as RGM FX Pty Ltd, AFSL 514425 commenced on 7 March 2019, the company was renamed Focus Markets Pty Ltd on 5 July 2019, design and distribution obligations began on 5 October 2021, and the current Target Market Determination was published on 4 July 2025.

Anzo Capital was appointed six days after the licence commenced. The licence has carried six registered business names on the same ABN alongside those appointments: RGM Forex, Anzo Capital Group, Finesse Markets Group, Place a Trade Group, Guru One Group and the current DNA Markets Group.

The licence record shows no breach and no imposed condition, and it is a different profile from a broker that has run one brand for ten years. The field comparison sits in the ranking of the safest forex brokers in Australia. No founding year, parent or owner is disclosed, and the shareholders of this private company are not free-searchable. The entity appointed Ernst and Young as licensee auditor on 18 May 2026.

Focus Markets client money protection and AFCA

Focus Markets client money protection runs through a dedicated client trust account under the Corporations Act, with AFCA hearing claims up to A$1,263,000 and awarding compensation up to A$631,500.

The retail client money account is co-mingled with other clients’ funds, which is standard. The PDS deposit disclosure names no authorised deposit-taking institution, where several competitors do. The negative balance margin protection applies under PDS clause 6.3, and that clause carries a cross-account net-off provision worth reading for anyone holding more than one account. The margin call fires at 80% and liquidation at or below 50%.

The scheme caps behind AFCA run to A$150,000 under the Compensation Scheme of Last Resort, which excludes CFD trading losses and covers unpaid awards for misconduct rather than losing trades. The licence documents name AFCA as the external dispute resolution scheme, in the June 2025 Financial Services Guide.

No AFCA membership figure appears on this page deliberately. A record exists under the Focus Markets name, and the ACN and licence number on it do not match what ASIC and the Australian Business Register hold for this company, so showing nothing is better than showing a figure nothing supports.

Public reviews

Focus Markets holds a Trustpilot rating of 3.3 out of 5 from 6 reviews, which Trustpilot labels average, captured July 2026. The profile has been claimed by the broker since January 2026.

The review comparison rests on six entries, a sample rather than a rating, which is why it stays out of this page’s structured data, and Trustpilot notes the company has not invited customers recently, so the handful it has are self-selected. The review comparison covers the global domain rather than the Australian entity, so it mixes Australian and overseas clients. No TradingView broker profile exists, which follows from the platform decision.

Focus Markets account types and minimum deposit

Focus Markets account types number two for retail clients, and the minimum deposit is 100 units of the account base currency, so A$100 on an Australian dollar account.

The Australian FAQ confirms no product split between them: both accounts provide access to the full range of markets and platforms. Share CFD leverage is capped at 5:1 on both, an ASIC product rule binding every licensed broker equally.

The two accounts differ on pricing shape alone, so a trader picks Standard for one number to watch or Raw for a tighter spread plus a commission line. Neither tier gates an instrument, a platform build or a funding method.

Minimum deposit

The minimum deposit is 100 units of the account base currency on both accounts. Australian dollars is among the base currencies offered, so an Australian opening an AUD account funds it with A$100. Focus Markets publishes two slightly different base-currency lists on different Australian pages, so the full set is not reproduced here, and Australian dollars appears on both.

Focus Markets wholesale accounts and what is unverifiable

Focus Markets wholesale accounts exist and are not listed on the Australian website, and the support desk declined on 27 July 2026 to state either the maximum leverage or the issuing entity.

The PDS points readers who want wholesale classification to speak to a representative, and no wholesale leverage figure, eligibility test or issuing entity is published anywhere on the Australian site. That account combination makes the terms unverifiable before an application rather than merely undocumented.

Two account questions are worth getting in writing before signing anything: which entity issues the account, and at what leverage. The entity question matters most, because a wholesale account issued by an offshore group company carries none of the client money rules, the negative balance protection or the AFCA route that AFSL 514425 carries.

The disclosed leverage alternatives are set out in the guide to brokers with wholesale leverage tiers, where the terms are published before an application rather than after one.

Focus Markets funding methods and withdrawal times

Focus Markets funding methods number five, all free of broker-side fees, from instant card payments to bank transfer in 24 to 72 hours.

Deposit methods (AU)

BPAY and Australian dollar bank transfer are the useful pair for an Australian trader, and neither carries a broker-side fee. The funding menu omits PayID, Osko and POLi, all of which the faster-funding brokers in this market support.

Withdrawals

Requests go through a finance review of one to two business days, then settle in one to three business days by card or bank transfer, or one business day through Neteller or Skrill. Funds return to the original deposit method, cards first.

The withdrawal menu inside the account is shorter than the deposit menu. Checked on 6 August 2026 it listed Skrill, Neteller, Mastercard, Visa and bank transfer, and no BPAY. A BPAY deposit therefore cannot be returned by the route it arrived on, which is the one funding detail on this broker that no Focus Markets page states.

Account opening

The account application runs five to ten minutes online, with identification and proof of address uploaded during the process. Focus Markets states a live account can be set up within 24 hours of submission during business hours, and demo accounts open in under a minute and run for 30 days.

Focus Markets markets and instrument counts

Focus Markets markets and instrument counts run to three published ranges: 800 plus instruments in total, 140 plus crypto assets and 500 plus global stock CFDs, across five asset classes.

No per-class instrument figure is published, so this review does not print one. The tradeable instruments are defined exhaustively by the July 2025 Target Market Determination:

Two classes are absent, confirmed rather than assumed. ETFs and treasury or bond CFDs appear nowhere in the Target Market Determination, the PDS, or any of the thirteen Australian pages. The fixed income markets are covered in the guide to treasury and bond CFDs, which sets out the brokers that issue them.

Share CFDs

The share CFD range spans Australian and international names, and precision matters on what is being bought: these are share CFDs, not shares. The licence carries derivatives and foreign exchange authorisations only, so the underlying stock cannot be sold to a client here at all.

Crypto, indices and commodities

Crypto is the standout number. A 140 plus list runs wide for an ASIC-licensed broker, where 2:1 retail leverage and conservative listing usually keep the count low, and the guide to crypto CFDs in Australia shows where that sits against the field. The index and commodity range is conventional, the commodity set including precious metals, and the class comparison sits in the coverage of commodity CFDs.

Focus Markets leverage and margin under ASIC rules

Focus Markets leverage and margin publish at 30:1 on forex, 20:1 on indices and commodities, 5:1 on shares and 2:1 on crypto, every one of which is the ASIC retail cap.

Those caps come from a product intervention order extended to 23 May 2027, so they bind every ASIC-licensed broker rather than this one alone. No figure on the Australian site departs from them.

The retail margin rule requires every CFD issuer to close a retail client’s positions once account equity falls below half the total initial margin on all open positions, and positions cannot be netted against each other to avoid it. The margin call on this broker fires earlier, at 80%, with liquidation at or below 50%.

The wholesale leverage route is the one place where a different figure might apply, and it is unpublished, as the section above sets out. The margin mechanics are explained in leverage in Australian forex trading.

Focus Markets customer support

Focus Markets customer support runs 24 hours a day, five days a week across phone, email and live chat, on a Melbourne-based desk.

The Australian contact number is (03) 8376 1322, and a local desk means Australian business hours are properly covered rather than handed to an overseas night shift. The service stack gains a genuine advantage there over the brokers routing Australian daytime enquiries offshore.

No response time figure has been measured on this broker, so none appears here. Focus Markets publishes no supported-language list either, which is a smaller gap than it sounds for a domestically focused desk and still a gap against the multilingual operations elsewhere in this coverage.

The service stack closes across the weekend, following the pattern most of this field runs. A client holding a leveraged position across the Sunday open waits until Monday for a phone answer, where Pepperstone and Plus500 both staff the weekend.

Focus Markets research, tools and education

Focus Markets research, tools and education number zero components across all thirteen pages of the Australian section, which is the largest single gap between this broker and the rest of the field.

No blog, market analysis, webinar, written guide, video or in-platform training exists. The only research-adjacent tool is the MetaTrader 5 built-in economic calendar, and that is a MetaQuotes feature rather than anything the broker supplies.

The research stack at plenty of brokers is thin, and this one carries none at all, which is a different thing. The education subscore on this page reflects that directly rather than grading on a curve.

The practical research consequence falls on newer traders. A trader who already knows their way around MT5 and wants an ASIC counterparty loses nothing here, and a trader still learning position sizing or risk gets no help at all and should start at a broker with a library. The licence context those guides would cover is set out in the ASIC-regulated field.

How Focus Markets compares to Trading.com

Focus Markets scores 68 against 70 for Trading.com, listing 800 plus instruments and 140 plus crypto CFDs against a published 0.8 pip EUR/USD spread and a proprietary platform. How Focus Markets compares to Trading.com is a range win against a disclosure loss.

The two accounts are mid-tier ASIC offerings built on MetaTrader 5 at a similar price point, which makes this the most useful head-to-head on the page.

The short version: Trading.com states what a trade will cost before an account is opened, and supplies a platform and an app of its own. Once inside, Focus Markets carries more markets, crypto among them.

Should you open a Focus Markets account?

Focus Markets suits MetaTrader 5 traders who want an ASIC-licensed counterparty and value range over disclosure, with 800 plus instruments and a 140 plus crypto list. The account fit breaks for anyone who needs to know their cost before depositing, who is served better elsewhere than by a Focus Markets account.

Two groups of trader gain clear value from a Focus Markets account. The instrument range reaches 800 plus CFDs and a crypto list wider than most ASIC brokers carry. The entity a client contracts with is unambiguous, and the offshore arm is walled off from Australia properly.

Two groups should look past a Focus Markets account. The pricing disclosure omits any per-pair spread, the commission currency, a round-turn figure and a swap schedule, where Fusion Markets and IC Markets publish all four. The research and education shelf is bare, so a trader still learning gets nothing.

Focus Markets is reviewed on published figures rather than on a capture of its own, so it sits outside the tested ranking on this site. The demo is free, runs MT5 and lasts 30 days, which is the cheapest way to see the spreads Focus Markets will not publish.

Advertiser disclosure: commercial arrangements on this page are set out in full.