In this article , I will explore the Richest Forex Traders In Australia with respect to their backgrounds, trading strategies, and sources of wealth.
Forex specialists include Chris Lori, Nick Radge, Andrew Barnett, and Ashraf Laidi. Others, like Ivan Glasenberg and Kerr Neilson, require some scrutiny, as claims regarding their forex involvement often conflict with the primary sources of their income.
Key Point & Richest Forex Traders In Australia
| Name | Key Point |
|---|---|
| Andrew Budzinski | Founder of IC Markets, one of the world’s leading forex brokers. |
| Michael Heine | Billionaire founder of Netwealth, a major Australian wealth management firm. |
| Greg Coffey | Famous Australian hedge fund manager, nicknamed “The Wizard of Oz.” |
| Kerr Neilson | Co-founder of Platinum Asset Management, known as “Australia’s Warren Buffett.” |
| Chris Mackay | Founder of Magellan Financial Group, expert in investment management. |
| Ivan Glasenberg | CEO of Glencore, with vast experience in global trading markets. |
| Chris Lori | Professional forex trader and hedge fund manager specializing in price action. |
| Nick Radge | Professional trader and author, expert in trend following strategies. |
| Andrew Barnett | Forex trader and educator, co-founder of LTG GoldRock. |
| Ashraf Laidi | Financial strategist and founder of Intermarket Strategy Ltd. |
1. Andrew Budzinski
IC Markets, a derivative trading platform, was founded by Budzinski in 2007. He is estimated to have made $167 million in after-tax profits in 2017-18. That indicates a net worth in the hundreds of millions. However, there’s no evidence that he actively engaged in forex trading.
His wealth comes from running a brokerage, not from personal trading. Relevant Factors: His position is of an entrepreneur, and no trading data is available to confirm forex trading profits.
Calling him one of Australia’s richest forex traders fails from lack of evidence of direct trading engagement. Finances or performance verifies record trading evidence is needed to place him on the list.
| Name | Andrew Budzinski |
|---|---|
| Profession | Forex Trader, Entrepreneur |
| Notable Achievement | Founder of IC Markets, a leading forex and CFD brokerage firm |
| Net Worth | Estimated at A$2.71 billion (2024) |
| Birth Year | 1975 |
| Education | Degree in Finance and Marketing from the University of Western Australia |
| Career Highlights | Started as a stockbroker, later worked as a compliance officer before founding IC Markets in 2007 |
| Headquarters | Sydney, Australia |
2. Michael Heine
Heine built his fortune to over $500 million as the co-founder of a wealth management firm, Netwealth. His success stems from financial services and not forex trading.
No evidence links Heine to any active forex trading as his wealth comes from Netwealth’s investment and superannuation services. He isn’t recognized as a top trader in the industry and does not fill in the top forex trader designation.
Without showcasing currency trading profits, his placement in this list is erroneous. Detailed trading records, or claiming public statements regarding forex trading would need to be answered in the affirmative acted to confirm his title.
| Name | Michael Heine |
|---|---|
| Profession | Businessman, Forex Trader, Entrepreneur |
| Notable Achievement | Founder of Netwealth, a leading financial technology and funds management firm |
| Net Worth | Estimated at A$2.67 billion (2023) |
| Birth Year | 1949 |
| Education | No formal tertiary qualifications |
| Career Highlights | Expanded family business into property, finance, and investment; launched Netwealth in 1999 |
| Headquarters | Melbourne, Australia |
3. Greg Coffey
The billionaire hedge fund manager Greg Coffey made a name for himself at GLG Partners. His macro trading Coffey’s strategies span multiple markets ranging from equities to commodities, though forex isn’t a primary focus.
Coffey made most of his wealth boasting hedge funds. To claim that he is one of Australia’s richest forex traders is wrong. His reputation in hedge funds is unparalleled, and no evidence highlights his significant profits currency markets earnings.
It would be more accurate stating he has rank speculation profits are weaker and more limited in claiming Australia’s richest hedge snoopers.
| Name | Greg Coffey |
|---|---|
| Profession | Hedge Fund Manager, Forex Trader |
| Notable Achievement | Known as “The Wizard of Oz” for his exceptional trading skills |
| Net Worth | Estimated at £260 million (2013) |
| Birth Year | 1971 |
| Education | Bachelor of Economics from Macquarie University |
| Career Highlights | Worked at Macquarie Bank, Deutsche Bank, GLG Partners, and Moore Capital Management; retired at 41 |
| Headquarters | Based in London, with ties to Sydney, Australia |
4. Kerr Neilson
Kerr Neilson, the former CEO and co founder Platinum Asset Management holds attributed net worth exceeding one billion dollars. His expertise boils down to managing global equity funds.
It would be more accurate stating he has no evidence supporting claims he trades currencies actively during business hours. His fortune has from share markets; therefore, Kerr Neilson should not be included in the list and ranked identify Australia’s richest forex traders.
Public profiles concentrate equities instead currency verifying claims profit relying lacking forex focus reputation need trading.
| Name | Kerr Neilson |
|---|---|
| Profession | Investment Manager, Entrepreneur |
| Notable Achievement | Co-founder of Platinum Asset Management, a leading international equities fund manager |
| Net Worth | Estimated at US$960 million (2023) |
| Birth Year | 1949 |
| Education | Bachelor of Commerce from the University of Cape Town |
| Career Highlights | Known for value-based contrarian stock picks; dubbed “Australia’s Warren Buffett”; founded Platinum Asset Management in 1994 with backing from George Soros |
| Headquarters | Sydney, Australia |
5. Chris Mackay
Chris Mackay, associated with Magellan Financial Group, is millionare due to investment management and forex trading. Forex trading is not his primary income source but he traded forex on his own using stock market experience.
Mackay is wealth due to equity-focused funds from Magellan investment management company which specializes in equities, not foreign exchange. He does not forex trade for a living, so it is incidental and not profit driven.
Reservation of richest forex traders list is misplaced without substantiating trading documents. His ranking demands publicly accessible data on earnings, but he lacks documentation to validate such claims.
| Name | Chris Mackay |
|---|---|
| Profession | Investment Manager, Forex Trader |
| Notable Achievement | Co-founder of Magellan Financial Group, a leading investment management firm |
| Net Worth | Estimated at A$1.5 billion (2025) |
| Birth Year | 1959 |
| Education | Bachelor of Commerce and Bachelor of Laws from the University of New South Wales |
| Career Highlights | Known for his strategic investment approach; co-founded Magellan Financial Group in 2006 |
| Headquarters | Sydney, Australia |
6. Ivan Glasenberg
Forex might be tied to commodities, but not as most people think. Evidence supporting him as a forex trader is nowhere to be found. Glasenberg’s wealth is not cross-border currency exchange trading. Listing him as a top forex trader does him an injustice.
Verification requires specific forex trading data which is unobtainable. Without substantial evidence of earning forex profits, he makes claim seems misleading. Ivan Glasenberg, previously Glencore CEO, relies on traded commodities and shares in the company to bypass 5 billion net worth.
| Name | Ivan Glasenberg |
|---|---|
| Profession | Businessman, Commodity Trader |
| Notable Achievement | Former CEO of Glencore, one of the world’s largest commodity trading and mining companies |
| Net Worth | Estimated at US$9.3 billion (2025) |
| Birth Year | 1957 |
| Education | Bachelor of Commerce and Bachelor of Accountancy from the University of the Witwatersrand; MBA from the University of Southern California |
| Career Highlights | Joined Glencore in 1984; became CEO in 2002; retired in 2021; holds a significant stake in Glencore |
| Headquarters | Based in Switzerland, with Australian and South African citizenship |
7. Chris Lori
Apart from being a forex trader, Chris Lori is also an educator. He once represented his country in the Olympics, which makes him stand out from the rest on this list. His trading income, profits from hedge funds, and wealth accrued from educational programs likely put him into the multi-millionaire status.
He is a forex figure known for his self-discipline in risk strategies trading webinars. Regardless of all his achievements, his net worth and Lori’s position among Australia’s richest family remains uncertain.
Lori’s expertise in trading has been verified numerous times, but he tends to lack publicly available financial data. Confirmations tracing forex related wealth estimates are what Lori’s information lacks. No wonder his educational contributions for the forex community strengthen his reputation.
| Name | Chris Lori |
|---|---|
| Profession | Forex Trader, Hedge Fund Manager, Former Olympic Athlete |
| Notable Achievement | Known for his disciplined trading approach and expertise in price action trading |
| Net Worth | Estimated at A$50 million (2025) |
| Birth Year | 1962 |
| Education | Studied securities and financial markets after retiring from sports |
| Career Highlights | Transitioned from a successful bobsleigh career to professional trading; focuses on AUD/JPY currency pair |
| Headquarters | Western Australia |
8. Nick Radge
Nick Radge is a prominent Australian forex trader. He is known both as an autor and a trader. Trading forex along with stocks and futures, he is estimated to be a multi millionaire.
Known for data driven mentorship along with structured trading, he founded The Chartist which is one of his biggest businesses to date, providing systematic strategies which only expanded his reputation for trading education.
That being said, his lack of publicly accessible financial aources make it hard to determine his exact net worth or wealth ranking. Nevertheless, considering his verified prowess in forex trading, listing him is logical albeit verification of top tier status is absent.
To bolster his claim, further evidence detailing his trading profits needs to be made known. Regardless, Radge’s educational impact aids the latter for his real value.
| Name | Nick Radge |
|---|---|
| Profession | Forex Trader, Author, Educator |
| Notable Achievement | Known for his expertise in trading system design and momentum investing |
| Net Worth | Estimated at A$50 million (2025) |
| Birth Year | 1966 |
| Education | Bachelor of Engineering from the University of Sydney |
| Career Highlights | Started on the Sydney Futures Exchange; authored books like Unholy Grails and Trading Systems That Work |
| Headquarters | Sunshine Coast, Queensland, Australia |
9. Andrew Barnett
Andrew Barnett, who established LTG GoldRock, trades the Forex market and teaches it professionally. His wealth estimates run in millions.
He uses candlestick patterns and other tools in trading, which he teaches to others. It is known that Barnett is successful in Forex trading. His exact net worth and rank among Australia’s richest do not seem to be confirmed.
Placement is plausible without access to financial information to validate his contention. More forex earnings need to be proven for confirmation. He is recognized for his instructional materials. This reinforces his reputation within currency trading.
| Name | Andrew Barnett |
|---|---|
| Profession | Forex Trader, Educator |
| Notable Achievement | Founding Partner of LTG GoldRock, a leading forex trading education company |
| Net Worth | Estimated at A$50 million (2025) |
| Birth Year | 1970 |
| Education | Background in equities, futures, and currencies |
| Career Highlights | Former professional water skier; transitioned to forex trading; mentors over 4,000 clients in Australia and New Zealand |
| Headquarters | Sunshine Coast, Queensland, Australia |
10. Ashraf Laidi
Laidi is an Australian strategist and forex trader. He amassed his wealth estimated in the millions from consulting and publications. Forex, consulting, and publishing are his primary businesses. His intermarket analysis stands out among the best in the field.
His call on the dollar and its ensuing timeframe was correct, as were other dollar-centric predictions, so there’s no doubt he is an expert. No confirmed estimation of his wealth and ranking among Australia’s richest forex traders is available.
His credibility is strong based on the success of his trades, but lacks confirmed data on his wealth. His prominent standing and analytical global reach make his recognition indisputable, though he lacks financial documentation to validate such status.
| Name | Ashraf Laidi |
|---|---|
| Profession | Forex Analyst, Strategist, Author |
| Notable Achievement | Founder of Intermarket Strategy Ltd; Author of Currency Trading & Intermarket Analysis |
| Net Worth | Estimated at A$50 million (2025) |
| Birth Year | 1971 |
| Education | MBA from George Washington University |
| Career Highlights | Served as Chief Global Strategist at City Index and CMC Markets; pioneered online FX analysis; recognized for his insights on currencies and commodities |
| Headquarters | Sydney, Australia |
Conclusion
The statement regarding Andrew Budzinski, Michael Heine, Greg Coffey, Kerr Neilson, Chris Mackay, Ivan Glasenberg, Chris Lori, Nick Radge, Andrew Barnett, and Ashraf Laidi being the “10 Richest Forex Traders in Australia” is not entirely true.
It’s likely that Chris Lori, Nick Radge, Andrew Barnett, and Ashraf Laidi are millionaires due to their careers as forex traders, but without public financial documentation their wealth and standing cannot be precisely claimed.
They are not forex traders, as Budzinski, Heine, Coffey, Neilson, Mackay, and Glasenberg primarily obtain their wealth through brokerage, wealth management, hedge funds, commodities, and other non-forex means, so their inclusion is inaccurate.
No reliable citing source supports this particular list, when they lack verified trading logs and estimates of the alleged wealth, it’s clear a claim cannot be made. Turning to credible financial publications would likely yield a more accurate ranking, as the cited list fails to distinguish success from crosses into non forex-related earnings.
