Top Australian Brokers for 2025
We found 11 online brokers that are appropriate for Trading Australian.
Best Australian Brokers Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - November 20, 2024
Australia Financial Markets
Trading In Australia
As someone who's been in the trading game for a good while now, I've seen the Aussie financial landscape evolve firsthand. Sydney's been on the map as a finance hub for ages, but the last 30 years have been a real rollercoaster with all the deregulation and shake-ups. Whether you call it AUS, Oz, or the land down under, this place is teeming with top-notch financial markets, with many modern ASIC regulated brokers allowing australian traders to trade global financial markets.
The Australian Securities Exchange (ASX), for instance. It's the main financial regulator in Australia, dealing in everything from stocks and shares to commodities and ETFs. Beyond that, you've got a whole ecosystem here, including banking, insurance, shipping, and commodities. If you're aiming to spread your investments around, Australia's got plenty of avenues to explore.
Check all brokers available to you in Australia have the financial instruments you want to trade, low fees, good funding and withdrawal options for AUD, good customer service and regulation.
Best Australian Brokers
The best brokers in Australia include IC Markets, eToro, XTB, RoboForex, and XM.
Best Australian Brokers Compared : An Expert's View
IC Markets
IC Markets stands out for its narrow spreads and swift order execution, which are crucial for those of us engaging in scalping or day trading. They offer a broad spectrum of trading instruments like Forex, commodities, indices, and even cryptocurrencies. The regulatory backing from ASIC in Australia and CySEC in Cyprus is reassuring, providing a solid foundation of trust and compliance.
eToro
eToro brings something quite unique to the table with its blend of social trading features and traditional brokerage services. It's particularly appealing if you're keen on leveraging the insights and strategies of established traders through CopyTrading. With a user base of over 30 million, the platform's scale and community can provide valuable insights. Plus, it's user-friendly and regulated by reputable entities like CySEC and the FCA, adding a layer of security for Australian traders.
RoboForex
For those of us looking to trade in Australia with a bit more experience under our belts, RoboForex stands out as a reliable choice, particularly for those who swear by the MT4, MT5 trading platform's capabilities across different devices. It's a haven for traders looking to diversify their portfolio with a wide range of high risk leverage instruments, and if you're comfortable with leveraging, it offers some enticing options. The platform prides itself on being user-friendly and providing quick execution times, making it an excellent tool for seasoned Aussie traders with a bit more risk tolerance aiming to capitalize on their market predictions swiftly.
XTB
For those of us who delve deep into market analysis and value educational resources to sharpen our trading acumen, XTB is a top contender. They don't just provide a platform for trading but also invest in trader education and comprehensive market insights. The regulatory oversight by the FCA and CySEC ensures that trading with XTB aligns with the safety and security standards we expect, especially here in Australia.
XM
XM shines in its commitment to customer support and the diversity of its trading offerings. It's a solid choice for traders who prioritize dependable support and a wide array of trading options. The regulatory framework, including ASIC, CySEC, and IFSC, ensures a secure trading environment, which is something we can't compromise on.
Our trading needs are as diverse as our strategies, and it's rare to find a one-size-fits-all broker. Depending on your focus, you might find value in platforms that cater specifically to novice traders with robust support and learning resources, or you might lean towards those that serve seasoned traders with competitive fees and advanced tools. The key takeaway? Opt for quality and regulation. A broker regulated by a top-tier authority within the Australian jurisdiction offers peace of mind regarding their legitimacy and reliability.
Regardless of where you are located, it is possible to trade in Australian financial markets. However, it is recommended that you utilize Australian brokers with a registered presence in the country. Fortunately, many reputable online Australian brokers are available for traders looking to invest in stocks and shares, commodities, currencies, and crypto assets.
These brokers provide a secure gateway for individuals to trade online in Australia's financial markets. Choosing a reliable broker can help ensure that your trades are executed efficiently and effectively while minimizing the risk of fraud or other security concerns.
As such, selecting a broker that meets your specific investment needs and has a strong reputation in the industry is crucial.
When searching for an Australian stock broker, consider several key factors to ensure a good match for your investment goals and trading style. Regulatory compliance is paramount; the broker should be licensed by the Australian Securities and Investments Commission (ASIC), ensuring safety and integrity.
Look for competitive fees and commission rates to minimize trading costs. Access to a wide range of Australian and international markets will offer more investment opportunities.
The broker's trading platform should be user-friendly, reliable, and equipped with robust tools and resources for market analysis.
Customer service quality is crucial for support and assistance. Lastly, consider the broker's reputation and the experiences of other traders through reviews and recommendations.
With a wide range of stockbrokers available in a country like Australia, it can be challenging to know where to start. There are many accredited stockbrokers, and two main types of brokers are available: discount and full-service.
Understanding Australian Stockbrokers: A Perspective for Mature Traders
Stockbrokers are the linchpin in the realm of stock trading, offering essential services for both individual investors and large organizations, like investment funds, to buy and sell shares. Our experience in the market teaches us the nuanced roles these brokers play.
Here is a rundown on the different types of brokers you might encounter in Australia:
- Australian Full-service brokers: These are your go-to for an all-encompassing trading experience. They don't just execute trades; they offer a wealth of services including tailored investment advice, in-depth research, and access to a broad spectrum of financial instruments. Yes, their fees and commissions are on the higher side compared to others, but they compensate with a highly personalized service and a comprehensive approach to your investment needs.
- Australian Discount brokers: For those of us who prefer a more hands-on approach to our investments, discount brokers provide a streamlined service. They are less about the frills and more about efficiency, offering lower fees and commissions in exchange for a basic service that usually revolves around online trading platforms. While you might get some level of investment advice, the bulk of the decision-making will rest on your shoulders.
- Australian Execution-only brokers: When you're confident in your trading decisions and simply need someone to execute your trades, execution-only brokers are your best bet. They follow your instructions to the letter, without offering any advice or recommendations on what or when to trade. This straightforward approach is particularly appealing to seasoned traders who have a clear strategy and don't need extra guidance. Since they're not providing advisory services, their fees are typically lower than what you'd find with full-service brokers.
Trading In Australia: What You Need To Know
If you're considering trading in Australia, it's important to understand the potential pitfalls you may encounter. One common mistake new traders make is relying too heavily on bells and whistles, such as flashy trading software or complicated strategies, to make quick profits. While these tools can be useful for experienced traders, beginners should build a strong foundation of knowledge and skills before adding any extras to their trading toolkit.
Another mistake to avoid is blindly following the advice of so-called 'experts' or brokerage firms. While these individuals and organizations may have valuable insights to share, it's important to remember that, ultimately, the market is unpredictable, and no one can guarantee success. Instead, take a measured and informed approach to trade by conducting research, learning from reputable sources, and developing a solid trading plan based on your goals and risk tolerance.
By being aware of these common pitfalls and avoiding them, you can increase your chances of success as a trader in the Australian stock market. Remember, trading is a learning process, and taking a thoughtful and disciplined approach can help you achieve your financial goals over time.
Types of Trading in Australia
Australia's financial markets provide a wide range of trading opportunities for investors. Australia's financial markets provide investors with a broad range of trading opportunities. By carefully considering their investment goals and risk tolerance, investors can take advantage of the many opportunities available in the Australian markets.
Some of the most significant trading opportunities in Australia include:
- Stocks: The Australian stock market, also known as the ASX, is one of the largest in the world. The market has over 2,000 listed companies, providing investors with various investment options.
- Exchange-Traded Funds (ETFs): ETFs are investment funds that trade like stocks on the stock exchange. Australia has a range of ETFs available, allowing investors to gain exposure to various sectors, regions, and asset classes.
- Derivatives: Australia has a thriving derivatives market, with options, futures, and swaps available. Derivatives allow investors to hedge risks or speculate on market movements.
- Foreign Exchange (Forex): The Australian forex market is one of the most liquid in the world, with several currency pairs available for trading. Forex trading can provide investors with opportunities for profit by taking advantage of fluctuations in currency values.
- Commodities: Australia is a major exporter of commodities, such as gold, iron ore, and coal. As a result, the country has a well-developed commodities market, providing investors with opportunities to trade commodity futures, options, and exchange-traded products.
- Bonds: Australia has a well-established bond market, offering investors the chance to trade government bonds, corporate bonds, and hybrid securities.
Forex Trading in Australia
Forex trading is popular among Australian traders, and the Australian dollar is among the most exchanged currencies in trading platforms worldwide. Anyone who wants to start forex trading in Australia must become a member of ASIC, the financial markets regulator in the country.
It is recommended to deal only with ASIC-regulated forex brokers to ensure safety while trading. Forex trading is subject to tax by ASIC, and all income from forex and CFD trading is taxable.
Australian Forex Brokers
Australian forex brokers are available both domestically and abroad for traders who want to start trading. Most brokers are legitimate and regulated, but ensuring they are ASIC-regulated before starting to trade is essential. When choosing a forex broker in Australia, traders should consider the trading account features, available currency pairs, and trading platforms the broker provides to make informed trading decisions.
Top Australian Forex Brokers
Forex brokers with years of trading experience are considered the best in the market. Still, some excellent Australian brokers offer commission-free trading, making it easier for traders to start trading. When choosing a forex broker in Australia, traders should consider the trading account features, available currency pairs, and trading platforms the broker provides to make informed trading decisions.
- Trading Account Features: Consider the features offered by different brokers, such as the minimum deposit, account types, and account management tools. These features can impact your trading experience and overall profitability.
- Currency Pairs Available: Look for brokers that offer a wide range of currency pairs to trade. Increased tradable currency pairs will allow you to diversify your portfolio and exploit market fluctuations.
- Australian Trading Platforms: Choose a broker that provides reliable and user-friendly trading platforms with advanced charting tools and analytical features. Trading tools and data will help you make informed trading decisions and monitor your trades in real time.
When choosing a forex broker in Australia, it is important to consider the different features offered on their trading accounts. These features typically include trading costs such as commission charges, leverages, spreads, and options for withdrawals and deposits. It may also be beneficial to look for a broker that offers commission-free trading to reduce costs. However, ensuring that these offerings align with your preferences and needs is important.
One key aspect to consider is the broker's range of currency pairs. Most Australian brokers opt for highly liquid currencies, so selecting a broker that offers the currencies you are interested in trading is important.
In addition, the trading platform provided by the broker is crucial to your success in the market. A well-structured trading platform with a user-friendly interface and technical tools for buying and selling can help ensure that your trading accounts remain profitable. On the other hand, an improperly designed platform can result in losses. Therefore, it's essential to prioritize the quality of the trading platform when selecting a broker, as it is the gateway to the market.
Social Trading in Australia
Social trading is where modern trading platforms in Australia integrate social networking features allowing the following and copying of trades of other users on the social trading platform. It involves using social networks and trading platforms to share information, ideas, and trading strategies among a community of traders.
This type of trading has grown in popularity in Australia in recent years, with several social trading platforms now available to investors. These platforms allow users to view and copy the trades of other investors, as well as to communicate with other traders and share trading strategies.
Social trading is aimed at a broad range of investors, from novice traders to experienced professionals. Novice traders can benefit from social trading by following the trades of more experienced traders and learning from their strategies. Experienced traders can use social trading to share their knowledge and insights with others and to build a following of traders who follow their trades.
It also benefits investors who may not have the time or expertise to trade in financial markets actively. By following the trades of others, investors can potentially generate returns without having to manage their investments actively.
Overall, social trading offers a new and innovative way for investors to engage with financial markets and learn from other traders. As such, it will likely continue to grow in popularity in Australia and worldwide. However, Aussie investors should be aware of the risks involved in social trading and carefully consider the suitability of social trading platforms for their individual needs and investment objectives.
Trading Opportunities In Australia
Australia's financial markets provide a wide range of trading opportunities for investors. Australia's financial markets provide investors with a broad range of trading opportunities. By carefully considering their investment goals and risk tolerance, investors can take advantage of the many opportunities available in the Australian markets.
Some of the most significant trading opportunities in Australia include:
- Stocks: The Australian stock market, also known as the ASX, is one of the largest in the world. The market has over 2,000 listed companies, providing investors with various investment options.
- Exchange-Traded Funds (ETFs): ETFs are investment funds that trade like stocks on the stock exchange. Australia has a range of ETFs available, allowing investors to gain exposure to various sectors, regions, and asset classes.
- Derivatives: Australia has a thriving derivatives market, with options, futures, and swaps available. Derivatives allow investors to hedge risks or speculate on market movements.
- Foreign Exchange (Forex): The Australian forex market is one of the most liquid in the world, with several currency pairs available for trading. Forex trading can provide investors with opportunities for profit by taking advantage of fluctuations in currency values.
- Commodities: Australia is a major exporter of commodities, such as gold, iron ore, and coal. As a result, the country has a well-developed commodities market, providing investors with opportunities to trade commodity futures, options, and exchange-traded products.
- Bonds: Australia has a well-established bond market, offering investors the chance to trade government bonds, corporate bonds, and hybrid securities.
Australian Financial System
Australia's financial system is highly developed and sophisticated, characterized by its robust regulatory framework, diverse range of financial institutions, and advanced market infrastructure. The system plays a crucial role in the Australian economy, facilitating efficient allocation of resources, supporting economic growth, and ensuring financial stability.
The backbone of Australia's financial system is its strong regulatory environment, overseen by key regulatory bodies such as the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA), and the Reserve Bank of Australia (RBA). These institutions work collaboratively to oversee financial markets, ensure the solvency and integrity of financial institutions, and implement monetary policies aimed at maintaining price stability and economic growth.
Australia boasts a wide array of financial institutions, including major banks recognized globally for their strength and stability, regional banks, credit unions, and building societies. These banks offer a comprehensive range of services, from traditional banking to investment and insurance products, catering to the diverse needs of consumers and businesses alike.
The country's capital markets are vibrant and well-developed, with the Australian Securities Exchange (ASX) being one of the leading exchanges globally. It provides a platform for the trading of equities, derivatives, and other securities, attracting both domestic and international investors. The ASX plays a pivotal role in capital formation and investment in the Australian economy.
Furthermore, Australia's financial system is supported by a sophisticated infrastructure, including electronic payment systems, online banking services, and financial technology (fintech) innovations. Fintech has been a significant growth area, with Australia emerging as a hub for fintech startups and innovation, enhancing efficiency and offering new financial products and services.
The development of Australia's financial system is also reflected in its comprehensive superannuation (pension) system, which is one of the largest pools of managed funds in the world. This system not only provides financial security for Australians in retirement but also contributes to the depth and liquidity of the country's financial markets.
Overall, Australia's financial system is well-regarded internationally for its resilience, adaptability, and forward-looking approach, underpinned by strong governance and regulatory oversight. This has enabled it to weather global financial crises relatively well and continue to support the Australian economy's growth and development.
Challenges Faced By Traders In Australia
Like any other market, trading financial markets in Australia comes with its own challenges. While the Australian financial market offers a range of trading opportunities, traders need to be aware of the challenges they may face. By understanding and managing these challenges, traders can increase their chances of success in the market.
Some of the key challenges for Australian traders include:
- Time Zone: One of the biggest challenges for traders in Australia is the time zone. Since the country is far from major financial centers like London and New York, traders must adjust their schedules to accommodate different trading hours.
- Liquidity: Although the Australian financial market is well-developed, it is relatively small compared to other major markets like the US and Europe. Liquidity can result in lower liquidity in some markets, making it harder for traders to enter and exit positions quickly.
- Regulatory Environment: The Australian regulatory environment can be complex and challenging, with various regulators overseeing different aspects of the financial industry. Australian regulation can make it difficult for traders to ensure compliance and stay current with regulation changes.
- Market Volatility: Like all financial markets, the Australian markets are subject to fluctuations and volatility, which can result in rapid price movements and unexpected losses.
- Currency Risk: Traders trading financial instruments denominated in a currency other than the Australian dollar are exposed to currency risk. Changes in exchange rates can affect the profitability of trades and increase risks.
- Brokerage Fees: Trading fees and commissions can eat into profits, particularly for active traders. Choosing a broker that offers competitive pricing and a range of trading tools is essential to help manage costs.
Understanding Your Trading Style
Understanding one's trading style is crucial for navigating the financial markets effectively. A trading style refers to an individual's approach to trading based on factors like risk tolerance, investment horizon, capital availability, and personal goals.
Identifying your trading style helps in selecting the right financial instruments, developing strategies, and managing risks in a way that aligns with your financial objectives and lifestyle.
There are several primary trading styles, each with its unique characteristics and approaches. Day trading involves buying and selling financial instruments within the same trading day, appealing to those seeking quick profits from short-term market movements. This style requires a significant time commitment and a high tolerance for risk, as well as the ability to make fast decisions.
Swing trading, on the other hand, takes advantage of price 'swings' or short-term momentum in markets, holding positions for several days to several weeks. Swing traders need patience and the ability to analyze market trends and patterns without the pressure of making split-second decisions.
Position trading is a longer-term approach where traders hold positions for months to years, based on extensive research and fundamental analysis. This style suits those with a lower risk tolerance and a longer investment horizon, focusing on long-term market trends rather than short-term fluctuations.
Scalping is another style, characterized by making numerous trades throughout a trading day to capture small price gaps created by order flows or spreads. It demands constant attention and quick reactions, fitting those who enjoy a fast-paced trading environment and can dedicate the time to monitor the markets closely.
Understanding your trading style involves self-reflection and experimentation. It's about knowing your financial goals, how much risk you're comfortable taking, and how much time you can dedicate to monitoring and managing your trades.
Recognizing your trading style not only helps in choosing the right strategies and instruments but also in setting realistic expectations and managing your investments more effectively. It's a fundamental step for both novice and experienced traders aiming to navigate the complexities of the markets with confidence.
Trading Budget
When using a trading platform, Australians should be cautious and set a budget that aligns with their financial situation and investment goals. Once you have assessed your financial situation and investment goals, it's time to set a budget for trading. This budget should be an amount that you can afford to lose without impacting your overall financial well-being. Generally, experts recommend allocating no more than 5-10% of your investable assets toward trading. Once you have set a budget, it's essential to stick to it. Avoid investing more than you can afford, as this can lead to financial hardship and stress.
Australian Broker Trading Fees
It is important for Australian investors to understand the fees associated with trading platforms in Australia and to compare fees across different platforms to find the most cost-effective option for their needs. Investors may encounter several types of fees when using trading platforms in Australia. These fees can vary depending on the platform, the type of investment, and the trade size.
Ultimately, it is also important to remember that many brokers in Australia offer varying membership tiers.
Here are some of the most common types of fees that investors may encounter with brokers and trading platforms available in Australia:
- Trading fees: These are fees the platform charges for executing a trade. They are usually charged as a percentage of the trade value or as a flat fee per trade. Trading fees can vary depending on the type of investment and the trade size.
- Brokerage fees: These are fees charged by the broker for buying or selling a security. They may be charged as a percentage of the trade value or as a flat fee per trade. Brokerage fees can vary depending on the broker and the type of investment.
- Custodial fees: These are fees charged by the platform for holding securities in a custody account. They may be charged as a percentage of the account balance or as a flat fee per account.
- Withdrawal fees: These are fees charged by the platform for withdrawing funds from the account. They may be charged as a percentage of the withdrawal amount or as a flat fee per withdrawal.
- Inactivity fees: Some platforms charge these fees if the investor does not use the account or trade for a certain period. They may be charged as a monthly or annual fee.
- Currency conversion fees: These are fees charged by the platform for converting currency when trading international securities. They may be charged as a percentage of the trade value or as a flat fee per trade.
- Forex Fees: If you aim to buy US or other global shares, you may be charged an exchange fee when you deposit money into your user account to convert your AUD to the relevant currency.
Are Australian Brokers Regulated
Australian brokers are licensed under the ASIC, which has responsibilities and oversight that extend to various industries, and it is responsible for ensuring that companies comply with Australia's financial regulations and laws.
ASIC regulates various companies operating in Australia. Some of the types of companies that ASIC regulates are: Public companies, private companies, companies limited by guarantee, not-for-profit companies, registered foreign companies, etc.
Understanding ASIC's Influence on Broker Choices for Aussie Traders
As a seasoned trader, you're well aware that the Australian Securities and Investments Commission, or ASIC, is the watchdog of our financial realm here in Australia. Its pivotal role isn't just about oversight; it's about ensuring the financial stage we trade on remains upright and credible. Here's a breakdown of how ASIC's involvement directly impacts our choice of brokers:
- Broker Licensing and Oversight: ASIC's stamp of approval on a broker means they've passed a rigorous set of standards. This includes not just banks but also credit unions, insurers, and financial advisors. It's a first filter in choosing a reliable broker.
- Compliance Vigilance: They're the eyes on the field, making sure brokers play by the rules, covering everything from securities to derivatives. This oversight keeps the playing field level for us traders.
- Crackdown on Misconduct: ASIC digs into the dirt, rooting out insider trading, market manipulation, and fraud. Knowing your broker is under such scrutiny adds a layer of trust.
- Trader Education: Beyond regulation, ASIC equips us with knowledge about the financial products and the perils of scams, enhancing our trading decisions.
- Market Integrity Assurance: The promise of a fair, transparent, and efficient market is upheld by ASIC, ensuring our trades reflect true market conditions.
- Enforcement Muscle: ASIC doesn't just bark; it bites. Brokers crossing the line face fines, bans, or even criminal charges. It's comforting to know there's a guardian at the gate.
When we're sizing up brokers, understanding ASIC's role helps us navigate towards choices that not only align with our trading strategies but also ensure we're on solid ground, protected by a robust regulatory framework.
Trading In Australia Verdict
Australian traders can access various trading instruments and securities, including stocks, forex, commodities, and cryptocurrencies. The Australian Securities Exchange is the primary stock market in the country, and the Australian Securities and Investment Commission regulates it.
Forex trading is popular among Australian traders, and the Australian dollar is among the top currencies often exchanged on trading platforms. However, forex trading is risky, and traders must be cautious when selecting a broker. Choosing the right forex broker in Australia can significantly impact your trading experience and potential profitability.
Australia is widely regarded as a stable economy with a mature and reliable political system. The financial institutions in the country play an active role in regulating the exchanges, making it a trusted destination for investors.
When selecting an Australian broker, opting for one with a good reputation and a professional approach is crucial. It is also advisable to ensure that the broker offers a trading platform that meets industry standards.
We have conducted extensive research and analysis on over multiple data points on Australian Brokers to present you with a comprehensive guide that can help you find the most suitable Australian Brokers. Below we shortlist what we think are the best australian brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Australian Brokers.
Trading in Australia
When trading in Australia you will need to chec what your options with your Australia trading broker are.
We list below the various regulated trading account types available to traders in Australia. If you are looking for a trading platform or broker in Australia that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Australia broker guide will explain the things you should check and be aware of before you invest.
Forex Trading in Australia
You've probably noticed how Forex trading is really taking off in Australia, right? Over the past half-dozen years or so, the trading volume in Australia has been on a steady climb. It's like everyone in Australia is getting in on the action. But traders in Australia must understand the risks.
Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.
Modern software, more affordable mobile devices in Australia and higher internet uptake in Australia has increased competition for new trading clients among brokerages in Australia, which has opened Forex trading to a new audience.
Is Forex Trading Legal in Australia?
There's this common myth floating around that diving into Forex trading in Australia is illegal, this is not the case, but Forex trading in Australia is risky. Forex trading in Australia is not a get rich quick scheme, you will be competing with people not just in Australia, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Australia that's not just reputable but also strictly regulated and allowed to offer services to traders in Australia.
Trading in Forex is allowed in Australia as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Australia and investing internationally. Australia Forex trading is not banned, their are many top-notch international online brokers available to traders in Australia offering regulated trading environments.
Do Forex Traders Pay Tax in Australia?
Once a traders profits reach a level where the income on the Forex trading can be taxed in Australia the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Australia. You've must file taxes in Australia even if the markets chewed you up and you spat out losses this year. Also in Australia you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Australia who knows the ins and outs of the tax labyrinth in Australia. In Australia, Islamic accounts are not restricted.
Cryptocurrencies in Australia
Here in Australia, the crypto scene is still pretty new, and cryptocurrency in Australia is getting more and more tangled up in the local financial regulatory rule in Australia. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Australia, they're not as rattled by interest rate shifts or the political drama in Australia that's always on the news. Crypto in Australia is a different beast altogether.
You know, with the surge of younger traders in Australia, who are not only tech-savvy but also starting to speculate with decent money in Australia, there's a noticeable shift happening in Australia towards the crypto market (which is highly volitle and high risk in Australia). Cryptocurrency traders in Australia contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in Australia
In Australia commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Australia since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Australia are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Australia here.
Islamic Accounts in Australia
Australia brokers support Islamic accounts or swap-free accounts. Australia Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Australia offer accounts that are suitable for Islamic traders. These Australia brokers complies with Sharia law.
Benefits of Trading in Australia
Australia economy and population is growing. The middle class population in Australia is increasing which means a growing consumer base. Many business and financial opportunities exist in Australia. Australia has a young population educated in technology and the internet.
Concerns of Trading in Australia
Australia digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Australia guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. Australia Brokers offering high leverage trades in Australia can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Australia brokers offer as a level of protection. you can learn more about further below on this guide.
Reputable Australian Brokers Checklist
Selecting a reliable and reputable online Australian trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Australian more confidently.
Selecting the right online Australian trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Australian broker has a solid track record of at least two years in the industry.
- Verify that the Australian broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Australian broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Australian broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Australian brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Australian broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable Australian broker if you wish your broker to be 100% local check they are governed and regulated by the below.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Australian Brokers in Our Brokerage Comparison Table
When choosing a broker for australian trading, it's essential to compare the different options available to you. Our australian brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each australian broker.
- The funding methods available for australian with each broker.
- The types of instruments you can trade with each australian broker, such as forex, stocks, commodities, and indices.
- The trading platforms each australian broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each australian broker affects the cost of trading.
- The level of customer support each australian broker offers, including their availability, responsiveness, and quality of service.
- Whether each australian broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a australian broker that best suits your needs and preferences for australian. Our australian broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Australian Brokers of 2025 compared
Here are the top Australian Brokers (AU).
Compare australian brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a australian broker, it's crucial to compare several factors to choose the right one for your australian needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are australian brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more australian brokers that accept australian clients.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
|
EasyMarkets
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SpreadEx
|
FXPro
|
Admiral
|
ThinkMarkets
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| locality | IC Markets accept Australian clients | eToro accept Australian clients | XM accept Australian clients | Pepperstone accept Australian clients | AvaTrade accept Australian clients | FP Markets accept Australian clients | easyMarkets accept Australian clients | SpreadEx accept Australian clients | FxPro accept Australian clients | Admiral Markets accept Australian clients | ThinkMarkets accept Australian clients |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) |
| Min Deposit | 200 | 50 | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 | 50 |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
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Up with etoro |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
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Up with thinkmarkets |
| Risk Warning | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money |
| Demo |
IC Markets Demo |
eToro Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW |
All Australian brokers in more detail
You can compare Australian Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Australian Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Australian brokers below.
Australian Brokers Table of Contents
- Financial Markets in Australia
- Online Trading in Australia
- Forex Trading in Australia
- Is Forex Trading Legal in Australia
- Do Forex Traders Pay Tax in Australia
- Cryptocurrencies in Australia
- Commodity Trading in Australia
- Islamic Accounts in Australia
- Benefits of Trading in Australia
- Concerns of Trading in Australia
- Australian Brokers Explained
- 6 Factors to Consider when Choosing Australian Brokers
- Are Your Australian Brokers Trusted And Established?
- Are The Australian Brokers World Leading?
- What are the Australian Brokers Commissions and Fees?
- What are the Australian Brokers Funding and Withdrawl Methods?
- Find Australian Brokers with Round-the-clock support?
- Make sure the Australian Brokers Offer Comprehensive Trader resources?
- Why Australian Brokers needs to be regulated?
- Australian Brokers FAQ
- What are the best Australian brokers?
- What is the best Australian broker?
- Is Forex Trading Legal in Australia?
- Do Forex Traders Pay Tax in Australia?
- How do you trade Forex or CFDs in Australia?
- Related Australian Brokers Reviews
- Related Australian Brokers Alternatives
- Related Australian Brokers Comparisons
Australian Brokers Explained
Trading volatile financial markets with Australian Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Australian Brokers to ensure a successful trading experience.
Selecting Australian Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Australian markets effectively.
Reliability is key to gaining access to financial markets. Look for Australian Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Australian Brokers confidently.
6 Factors to Consider when Choosing Australian Brokers
Follow these five rules for selecting Australian Brokers that are right for you:
Are Your Australian Brokers Trusted And Established?
Search for a reputable Australian Brokers with a extensive proven track record for Australian, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Australian broker is IC Markets. Established in 2007, and in operation for 17 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 17 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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| Year Established | 2007 | 2007 | 2009 | 2010 | 2006 | 2005 | 2001 | 1999 |
| Head Office | Australia | Cyprus, UK | Cyprus | Australia | Ireland | Australia | Cyprus, Australia | UK |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) |
| Used By | 200,000+ | 35,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | Yes | No | No | Yes | No |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit SpreadEx |
| Risk Warning | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Are The Australian Brokers World Leading?
Opt for Australian Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Australian Brokers is eToro. eToro Segregates clients funds and offers over 6000 instruments.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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| Instruments Available | 2250 | 6000 | 1000 | 1200 | 1000 | 10000 | 275 | 10000 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MG, MK, MO, UA, JO, KR, | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US |
| Forex pairs offered | 61 | 50 | 55 | 70 | 55 | 70 | 150 | 55 |
| Forex pairs offered | 61 | 50 | 55 | 70 | 55 | 70 | 150 | 55 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 31 | 15 | 16 | 17 | 18 | 12 | 16 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2100 | 2042 | 160 | 1100 | 1000 | 10000 | 52 | 1000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Australian Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Australian broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Australian broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 50. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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| Min Deposit | 200 | 50 | 5 | 0 | 100 | 100 | 25 | 0 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | No | Yes | No | No | No |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes | No | No |
What are the Australian Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Australian Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Australian Brokers.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | No | Yes | Yes | Yes |
| Payoneer | No | No | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
Find Australian Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Australian Brokers.
Australian Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Australian Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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eToro
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, German, Arabic, Chinese, Spanish and Polish | English |
| Learn More | Visit IC Markets | Visit eToro | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit SpreadEx |
| Risk Warning | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Make sure the Australian Brokers Offer Comprehensive Trader resources?
It's important to ensure your Australian Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Australian Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Australian Brokers.
Why Australian Brokers needs to be regulated?
Regulated Australian Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Australian Brokers.
Consumers are protected by Australian Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Australian Brokers is necessary to prevent fraud. The Australian Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Australian Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Australian Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits