WestPac Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If WestPac does not match your requirements we explain the top WestPac alternatives and WestPac competitors in this guide.
The best alternative for WestPac is IC Markets or Roboforex.
When searching for a WestPac alternative, there are a few things you need to check. The WestPac trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top WestPac alternatives and competitors feature by feature further below this WestPac alternatives guide.
If you are looking for a trading platform that offers similar features to WestPac or WestPac. Or if you are looking for features that WestPac does not offer that you require when trading, we will show you the best WestPac alternative options below.
We highlight the pros and cons of each WestPac alternative. Maybe you are looking for better customer service from a WestPac alternative or more competitive WestPac fees and more financial instruments to trade.
We have listed some reasons why WestPac may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- WestPac does not allow hedging (See brokers for Hedging here)
- WestPac does not offer negative balance protection (See WestPac alternatives who offer negative balance protection here)
- WestPac does not offer Guaranteed Stop Loss (See WestPac alternatives who offer Guaranteed Stop Loss here)
- WestPac does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by WestPac (Look here for WestPac alternatives offering ECN accounts)
- STP accounts are not offered by WestPac (Look here for WestPac alternatives offering STP accounts)
- WestPac does not offer MT4 (See WestPac alternatives offering the MT4 trading platform here)
- MT5 is not offered by WestPac (find WestPac alternatives that offer the MT5 trading platform here)
- cTrader is not offered by WestPac (find WestPac alternatives offering the cTrader trading platform here)
- WestPac does not offer Micro accounts (Check here for WestPac alternatives offering micro accounts)
- WestPac does not offer VIP accounts (Check here for WestPac alternatives offering VIP accounts)
- WestPac have inactivity fees (See WestPac alternatives who don’t have inactivity fees here)
Top WestPac Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Mobile Apps, Android (Google Play), iOS (App Store), Web | 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 |
| 📋 Instruments Available | 12000 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | NO | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 13,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | ACL (Australian Credit Licence) (233714) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Austrailia | Australia | Belize |
| 🚫 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 | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature WestPac alternative comparison, you can scroll further down here.
