We found 11 online brokers that are appropriate for Trading Best CFD Brokers In Australia Investment Platforms.

CFD trading in Australia has grown significantly, thanks to a highly regulated financial market and advanced trading platforms. A CFD (Contract for Difference) is where you the trader speculates on the price only (no real owning of financial asset) going up or down on a financial instrument (against your broker) such as stocks, Forex, commodities, indices, and cryptocurrencies using leverage (smaller deposit but higher trade exposure and risk).
CFDs were first developed in London during the early 1990s by UBS Warburg traders Jon Wood and Brian Keelan. Initially used by hedge funds to hedge stock exposure without paying UK stamp duty, CFDs became widely available to retail traders in the late 1990s through platforms like GNI Touch. Soon after, brokers such as IG and CMC Markets popularised them worldwide. In Australia, CFDs became popular in the 2000s as ASIC regulated brokers introduced competitive pricing and robust platforms for both beginner and professional traders.
CFDs are high risk, leveraged products. Trading on margin means small price movements can lead to significant profits or losses. According to ASIC and other regulators, between 70% to 80% of retail investor accounts lose money when trading CFDs. This is why it’s crucial to choose an ASIC regulated CFD broker in Australia and to use proper risk management tools such as stop loss orders.
When comparing the best CFD brokers in Australia, I look closely at regulation and safety. Only brokers that hold an Australian Financial Services Licence (AFSL) issued by ASIC can be trusted for fair trading conditions.
Another factor I always check is trading costs. The best brokers are low spread CFD brokers with competitive commissions and no hidden fees.
I also consider the range of markets offered. Strong brokers in Australia provide access to Forex, indices, commodities, shares, ETFs, and crypto CFDs.
Trading platforms are equally important. I prefer brokers that support MT4, MT5, cTrader, or fast proprietary platforms that also offer mobile access.
Leverage options make a difference too. Since ASIC capped leverage in 2021, I look for brokers that offer flexible levels while still complying with the rules.
Lastly, I pay attention to education and tools. Brokers that offer demo accounts, webinars, and advanced charting resources are far more helpful for beginners and professionals alike.
IC Markets is one of the leading CFD brokers I’ve traded with. They offer a wide range of CFDs on forex, indices, commodities, and cryptocurrencies. Withdrawals are fast, especially via e wallets like Skrill or Neteller, often processed in a few hours. Bank transfers take longer but remain reliable. The minimum deposit is reasonable, making it easy to start CFD trading without committing too much capital.
RoboForex offers an extensive selection of CFDs, including stocks, indices, ETFs, and forex. I’ve found their withdrawal process consistently quick, with e wallet payments reaching my account within hours and card withdrawals usually completed within a day. The low minimum deposit makes testing CFD strategies convenient without high upfront costs.
eToro is popular for CFD trading on stocks, indices, commodities, and cryptocurrencies. Withdrawals are reliable, though slightly slower than some brokers. E wallets are usually processed within a day, and bank or card transfers can take a few business days. The minimum deposit varies by region, allowing beginners to start small and scale up gradually in CFD markets.
XTB provides a broad range of CFDs, including forex, indices, commodities, ETFs, and cryptocurrencies. I’ve found e wallet withdrawals are usually completed in under 24 hours, while bank transfers take a bit longer but are fully transparent. The minimum deposit is straightforward, making it easy to fund a CFD account and start trading immediately.
XM offers CFDs on forex, indices, commodities, and cryptocurrencies with competitive spreads and leverage. E wallet withdrawals are fast, often arriving in a few hours, while bank transfers are slightly slower but reliable. The minimum deposit is modest, which makes entering the CFD markets easy without tying up significant funds.
Pepperstone offers a wide variety of CFDs, including forex, indices, commodities, and cryptocurrencies. Withdrawals are generally fast via e wallets, while card and bank transfers take slightly longer but remain competitive. The minimum deposit is easy to meet, which is ideal for both new and experienced CFD traders.
AvaTrade provides CFDs on stocks, commodities, indices, and cryptocurrencies with leverage and competitive spreads. Withdrawals via e wallets are usually processed the same day, and bank transfers take a day or two. The minimum deposit is fair, making it easy to open a CFD account and start trading immediately.
FP Markets is a top choice for CFD trading, covering forex, indices, commodities, and cryptocurrencies. E wallet withdrawals are fast, usually within hours, while bank transfers take slightly longer. The minimum deposit is reasonable, allowing me to fund accounts efficiently while managing risk in CFD markets.
In March 2021, ASIC introduced stricter rules to protect retail traders. The maximum leverage for major currency pairs is 30:1, which allows good flexibility but also reduces risk compared to past levels.
For minor currency pairs, gold, and major indices, leverage is capped at 20:1. This keeps volatility manageable for traders in these popular markets.
Commodities other than gold are limited to 10:1 leverage, offering exposure with less potential downside risk.
Shares and ETFs carry a 5:1 leverage limit, which I find reasonable for those who prefer equity CFDs without taking excessive risks.
Cryptocurrencies, which remain highly volatile, are restricted to 2:1 leverage. This helps reduce the chances of extreme losses during rapid price swings.
The first step in trading CFDs is picking a market. Whether I choose Forex, stocks, commodities, or crypto CFDs, it always starts with identifying the right opportunity.
Next, I decide whether to buy or sell. Going long means I expect the price to rise, while going short means I anticipate a fall.
Then I select my position size. Each CFD contract reflects the value of the underlying asset, so I always check affordability and risk exposure before placing a trade.
I apply risk management by using stop loss and take profit orders. These tools are essential for controlling both profits and losses.
The final step is closing the trade. I monitor the position carefully and exit at the right time to secure gains or minimise losses.

One thing I’ve learned from trading CFDs in Australia is that the strategy you use makes a huge difference. While brokers provide the tools, it’s the trading approach that determines consistency. Here are some of the most common CFD strategies I’ve applied or seen other traders succeed with:
Scalping involves making multiple trades in very short time frames, aiming to profit from small price movements. Brokers like Pepperstone and IC Markets are well suited for this strategy because of their raw spreads and fast execution speeds. It requires focus, discipline, and a reliable trading platform.
Swing trading is about holding trades for several days or weeks to capture larger price swings. I find this approach works best with shares and indices CFDs, especially on platforms that provide advanced charting like FP Markets or CMC Markets. Patience and technical analysis are key here.
Day trading means opening and closing trades within the same day. This strategy avoids overnight financing costs and is often used by traders who want to benefit from intraday volatility. Brokers with low spreads and no hidden fees make this approach more cost effective.
Hedging is a risk management strategy I use when I want to offset potential losses in one position by opening an opposite trade. For example, holding long stock positions while shorting the same stock through CFDs. This is especially useful in volatile markets like cryptocurrencies or commodities.
More advanced traders in Australia, including myself at times, use automated trading systems to execute CFD strategies. Pepperstone and IC Markets offer cTrader and MT4/MT5 with algorithmic trading support, which is perfect for backtesting and running Expert Advisors (EAs).
No matter the strategy, I always stress the importance of using stop loss and take profit levels. Combining a solid strategy with strict risk management is what separates consistent traders from those who burn out quickly.
Most of the best CFD trading platforms in Australia provide free demo accounts. I always suggest starting here, as it allows traders to practice strategies in real market conditions without financial risk.
Education is another key factor. Many ASIC brokers now include video tutorials, webinars, and market analysis, which are especially useful for beginners trying to build confidence before trading live.

Profits from CFD trading are considered taxable income in Australia. Depending on whether trading is your primary source of income, gains may be subject to capital gains tax (CGT) or treated as business income.
I always recommend consulting with a tax professional or referring to the Australian Taxation Office (ATO) for the latest rules on CFD tax obligations.
Yes, CFD trading is legal in Australia and tightly regulated. Brokers must hold an AFSL and comply with ASIC’s strict standards. This ensures fair practices, segregated client funds, and transparent pricing for all traders.
When it comes to choosing the best CFD broker in Australia, I always prioritise safety and regulation. Pepperstone, IC Markets, FP Markets, ThinkMarkets, and CMC Markets Australia remain the most reliable ASIC regulated CFD brokers in 2025. They provide competitive spreads, advanced platforms, and strong client protection.
For beginners, I recommend starting with FP Markets or ThinkMarkets because of their easy to use platforms, wide range of markets, and strong educational support. Demo accounts and webinars make the learning curve much smoother.
For advanced traders, Pepperstone and IC Markets are top picks due to their raw spreads, deep liquidity, and support for algorithmic trading strategies. CMC Markets is also excellent if you want access to a vast range of global share CFDs.
Since CFDs are high risk products, my advice is to begin with a demo account, practice good risk management, and only trade with capital you can afford to lose.
We have conducted extensive research and analysis on over multiple data points on Best CFD Brokers in Australia to present you with a comprehensive guide that can help you find the most suitable Best CFD Brokers in Australia. Below we shortlist what we think are the best Best CFD Brokers In Australia Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Best CFD Brokers in Australia.
Selecting a reliable and reputable online Best CFD Brokers In Australia Investment Platforms 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 Best CFD Brokers In Australia Investment Platforms more confidently.
Selecting the right online Best CFD Brokers In Australia Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Best CFD Brokers In Australia Investment Platforms trading, it's essential to compare the different options available to you. Our Best CFD Brokers In Australia Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Best CFD Brokers In Australia Investment Platforms broker that best suits your needs and preferences for Best CFD Brokers In Australia Investment Platforms. Our Best CFD Brokers In Australia Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Best CFD Brokers In Australia Investment Platforms.
Compare Best CFD Brokers In Australia Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Best CFD Brokers In Australia Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Best CFD Brokers In Australia Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Best CFD Brokers In Australia Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Best CFD Brokers In Australia Investment Platforms that accept Best CFD Brokers In Australia Investment Platforms clients.
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IC Markets
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Roboforex
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eToro
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XTB
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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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FXPro
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| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund | 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) | Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | 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) (SD 130) | Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | 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) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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| Used By | 200,000+ | 730,000+ | 40,000,000+ | 2,000,000+ | 15,000,000+ | 830,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 11,200,000+ |
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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 | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | 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) |
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| Learn More |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 50% of retail investor accounts lose money when trading CFDs with this provider. | 70% - 80% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% 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. | 72-95 % of retail investor accounts lose money when trading CFDs | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 62% of retail CFD accounts lose money | 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | 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 |
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We have listed top Best CFD Brokers In Australia Investment Platforms below.
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. 50% 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.
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here.
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.
Losses can exceed deposits