Best Brokers in Australia 2025

Minimum Deposit	Leverage	MT4	MT5
50$	1:500	✅	✅
0$	1:500	✅	❌
1$	1:3000	✅	✅
5$	1:888	✅	✅
10$	1:2000	✅	✅
1$	1:3000	✅	✅
200$	1:500	✅	✅
50$	1:30	❌	❌
10$	1:2000	✅	✅
100$	1:500	✅	✅
10$	1:500	❌	❌
50$	1:1000	❌	❌
100$	1:300	✅	✅
10$	1:500	✅	❌
100$	1:1000	✅	✅
100$	1:1000	✅	✅
200$	1:500	✅	✅
50$	1:500	✅	✅
1$	1:500	✅	✅
100$	1:500	✅	✅
1$	1:2000	✅	✅
10$	1:1000	✅	✅
250$	1:500	✅	❌
50$	1:1000	✅	✅
5$	1:1000	✅	✅
10$	1:2000	✅	✅
100$	1:500	✅	✅
50$	1:500	✅	✅
250$	1:500	✅	✅
100$	1:500	✅	✅
50$	1:500	✅	✅
10$	1:1000	✅	❌
100$	1:200	✅	❌
1$	1:1000	✅	✅
100$	1:500	✅	✅
100$	1:500	✅	✅
10$	1:125	❌	❌
10$	1:500	✅	✅
1$	1:500	✅	✅
0$	1:500	✅	❌
1$	1:1000	✅	✅
10$	1:2000	✅	✅
0$	1:500	✅	❌
100$	1:500	✅	✅
50$	1:1000	✅	✅
10$	1:500	✅	✅
50$	1:1000	✅	❌
50$	1:100	❌	❌
100$	1:500	✅	✅
5$	1:1000	✅	✅
100$	1:400	✅	✅
200$	1:500	✅	✅
50$	1:500	✅	✅
1$	1:500	❌	❌
100$	1:500	✅	✅
1$	1:3000	✅	✅
1$	1:400	✅	✅
50$	1:1000	✅	✅
200$	1:500	✅	✅
10$	1:1000	✅	✅
200$	1:500	✅	✅
1$	1:1000	✅	✅
10$	1:500	✅	✅
200$	1:500	✅	✅
100$	1:500	✅	✅
100$	1:500	✅	✅
200$	1:500	✅	✅
10$	1:500	✅	✅
50$	1:500	✅	✅
50$	1:500	✅	✅
250$	1:300	❌	❌
50$	1:300	✅	✅
200$	1:500	✅	✅
100$	1:400	✅	✅
50$	1:500	✅	✅
250$	1:500	✅	✅
100$	1:500	✅	✅
50$	1:500	✅	✅
50$	1:500	✅	✅
200$	1:500	✅	✅
200$	1:500	✅	✅
50$	1:500	✅	✅
100$	1:500	✅	❌
100$	1:500	✅	✅
100$	1:500	✅	❌
1$	1:200	❌	❌
50$	1:500	✅	✅
50$	1:200	✅	✅
200$	1:500	✅	✅
100$	1:100	✅	✅
100$	1:500	✅	❌
10$	1:500	✅	❌
10$	1:500	❌	❌
10$	1:1000	✅	❌
50$	1:500	✅	❌
10$	1:500	✅	✅
10$	1:500	❌	❌
10$	1:500	❌	❌
100$	1:500	✅	❌
50$	1:500	✅	❌
50$	1:500	✅	❌
10$	1:500	✅	✅
100$	1:500	✅	✅
50$	1:500	✅	✅
50$	1:500	✅	✅
100$	1:500	✅	✅
100$	1:500	✅	✅
200$	1:500	✅	✅
100$	1:400	✅	❌
50$	1:500	✅	✅
200$	1:200	✅	✅
50$	1:500	✅	✅
50$	1:500	✅	❌
50$	1:500	✅	✅
200$	1:500	✅	✅
100$	1:500	✅	✅
0$	1:500	✅	✅

Table of Contents show

Best Brokers in Australia

Choosing the best broker in Australia can be a daunting task due to the numerous options available.

Whether you are an experienced trader or a novice investor, finding a company that meets your specific needs and preferences is crucial.

This article provides a comprehensive guide on what to look for when selecting a broker in Australia, the pros and cons of different firms, and key considerations to keep in mind.

Key Considerations When Choosing a Broker

When selecting a broker, it is important to consider several factors that will affect your trading experience and overall satisfaction.

Here are the main aspects to keep in mind:

Regulation and Safety

One of the most critical factors is ensuring that the company is regulated by a reputable authority.

In Australia, the primary regulatory body is the Australian Securities and Investments Commission (ASIC).

A broker regulated by ASIC ensures that your funds are protected and that the firm adheres to strict financial standards.

Trading Fees and Commissions

Different companies charge varying fees for their services.

These fees can include commissions per trade, spreads, and other charges.

It is essential to compare these fees to ensure you are getting the best value for your money.

Trading Platforms and Tools

The quality of the trading platform and the tools available can significantly impact your trading experience.

Look for brokers that offer robust, user-friendly platforms with a range of analytical tools, charting capabilities, and automated trading options.

Customer Service

Responsive and helpful customer service is crucial, especially for new traders.

Ensure the company offers multiple channels of support, such as phone, email, and live chat, and that their support team is knowledgeable and accessible.

Asset Variety

The range of assets available for trading can vary significantly.

If you are interested in trading a diverse portfolio, look for brokers that offer a wide range of asset classes, including stocks, forex, commodities, and cryptocurrencies.

Educational Resources

Especially for beginners, educational resources can be incredibly valuable.

Look for brokerage firms that provide comprehensive educational materials, such as webinars, tutorials, and articles, to help you strengthen your trading skills.

Account Types and Minimum Deposits

Different brokers offer various account types tailored to different trading styles and levels of experience.

Consider the minimum deposit requirements and the features of each account type to find one that suits your needs.

Market Analysis Tools and Resources

Advanced market analysis tools and resources such as economic calendars, news feeds, and proprietary trading tools can provide valuable insights and help you make informed trading decisions.

Pros and Cons of Different Brokers

Here, we provide a general overview of the pros and cons of brokers in Australia without mentioning specific companies.

This will help you understand what to look for and what to avoid.

Pros

Regulation by ASIC ensuring high safety standards.
Competitive trading fees and tight spreads.
User-friendly trading platforms with advanced tools.
Excellent customer support and service.
Diverse range of assets for trading.

Cons

High minimum deposit requirements for premium accounts.
Complex fee structures that can be confusing.
Limited educational resources for beginners.
Platform reliability issues during high volatility.
Restricted access to certain international markets.

Comparing Brokers: Key Features

To help you make an informed decision, here are some key features to compare when evaluating brokers:

Regulatory Compliance

Ensure the company is regulated by ASIC or other reputable authorities.

This provides a level of security for your investments.

Fee Structure

Compare the commissions, spreads, and other fees.

Some brokers offer zero-commission trading, but may have wider spreads.

Trading Platform

Evaluate the usability, features, and reliability of the trading platform.

A good platform should be intuitive and offer comprehensive tools for analysis.

Asset Selection

Look for brokers that offer a wide range of tradable assets.

This allows you to diversify your investment portfolio.

Customer Support

Check the availability and quality of customer service.

Good support can help resolve issues quickly and efficiently.

Additional Services

Some brokers provide additional services such as managed accounts, investment advice, and market research.

These can be beneficial, depending on your needs.

Comprehensive Table of Brokers

Below is a detailed table that includes the top brokers in Australia, their key features, regulatory status, and other relevant information.

This table is designed to help you quickly compare and evaluate each company.

Broker	Key Features	Regulation	Other Features
AccentForex	Low spreads, multiple account types	VFSC	Variety of account types, forex, and CFDs
ACY Securities	Advanced trading tools, tight spreads	ASIC	Educational resources, 24/5 support
Amarkets	Competitive spreads, diverse asset range	FSA	Social trading, multiple platforms
ActivTrades	Commission-free trading, low spreads	FCA, CSSF	Negative balance protection, free VPS
Admirals	Comprehensive tools, educational content	ASIC, FCA, EFSA	Multi-currency accounts, low fees
Amega	No deposit fees, tight spreads	FSA	Free guaranteed stop loss, deal Cancellation
Alpari	Wide range of trading instruments	FSC	High leverage, multiple platforms
Axi	Low spreads, powerful trading platform	ASIC, FCA	24/5 support, advanced analytics
Axiory	Low spreads, diverse account options	IFSC	Automated trading, educational resources
BDSwiss	Low fees, robust trading platform	FSC, CySEC	Webinars, market analysis tools
Bitget	Cryptocurrency trading, secure platform	MSB	Low transaction fees, mobile app
BitPanda	Cryptocurrency trading, secure platform	FMA	User-friendly interface, diverse assets
BlackBull	Low latency, high-speed execution	FSPR	Institutional-grade trading conditions
BKFX	Competitive spreads, multiple account types	FSC	Forex and CFDs, advanced tools
CapitalXtend	Low spreads, fast execution	FSA	Diverse trading instruments, 24/5 support
CMTrading	Wide range of assets, low fees	FSCA	Copy trading, educational content
Coinexx	Cryptocurrency trading, low fees	NA	24/7 trading, multiple cryptocurrencies
CPT Markets	Low spreads, variety of assets	FSC	Advanced trading tools, 24/5 support
Crystal Ball Markets	Competitive spreads, high leverage	NA	Forex and CFDs, user-friendly platform
CWM Markets	Low spreads, diverse assets	FCA	Advanced trading tools, 24/5 support
Deriv	Low spreads, innovative platform	FSC	Automated trading, 24/7 support
DNA Markets	Low fees, robust trading platform	NA	Wide range of assets, educational content
DooPrime	Competitive spreads, diverse assets	FSC	Advanced trading tools, 24/5 support
EasyMarkets	Fixed spreads, negative balance protection	ASIC, CySEC	EightCap
Eightcap	Low spreads, fast execution	Fusion Markets	Diverse asset range, advanced tools
Eagle Forex	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
Errante	Competitive spreads, high leverage	NA	Forex and CFDs, user-friendly platform
Exness	Low spreads, diverse assets	FCA, CySEC	24/7 support, advanced trading tools
Exnova	Low fees, robust trading platform	NA	Wide range of assets, educational content
ExpertOption	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
FBS	Low spreads, diverse assets	IFSC	24/7 support, advanced trading tools
FiboGroup	Low spreads, high leverage	CySEC, FSC	Diverse assets, user-friendly platform
FirewoodFX	Competitive spreads, multiple account types	IFSA	Forex and CFDs, advanced tools
FP Markets	Low spreads, advanced trading tools	ASIC	Diverse assets, 24/5 support
Forex4u	Low spreads, high leverage	IFSC	Forex and CFDs, user-friendly platform
Forexee	Low fees, robust trading platform	NA	Wide range of assets, educational content
ForTrade	Low spreads, diverse assets	FCA	24/7 support, advanced trading tools
FreshForex	Competitive spreads, high leverage	NA	Forex and CFDs, user-friendly platform
FTMO	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
FxPro	Low spreads, fast execution	ASIC	Diverse asset range, advanced tools
FXCC	Low fees, robust trading platform	CySEC	Wide range of assets, educational content
FXCL	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
FXDD	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
FX Giants	Low spreads, high leverage	ASIC, FCA	Diverse assets, user-friendly platform
FXGlory	Low spreads, advanced trading tools	NA	Diverse assets, 24/7 support
FXGT	Competitive spreads, multiple account types	NA	Forex and CFDs, advanced tools
FXOpen	Low fees, robust trading platform	FCA, ASIC	Wide range of assets, educational content
FXPro	Go Markets	FCA, CySEC	Diverse assets, 24/5 support
FXTM	Low fees, user-friendly platform	FCA, CySEC	Cryptocurrency trading, advanced tools
GANN Markets	Low spreads, fast execution	NA	Diverse asset range, advanced tools
Gerchik & Co	Low fees, robust trading platform	NA	Wide range of assets, educational content
Globex360	Low spreads, multiple account types	FSCA	Forex and CFDs, advanced tools
GoFX	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
GoMarkets	Low spreads, fast execution	ASIC	Diverse asset range, advanced tools
Grand Capital	Low spreads, high leverage	FSA	Diverse assets, user-friendly platform
HF Markets	Competitive spreads, multiple account types	FCA, CySEC	Forex and CFDs, advanced tools
HYCM	Low spreads, robust trading platform	FCA, CySEC	Wide range of assets, educational content
IC Markets	Low fees, user-friendly platform	ASIC	Cryptocurrency trading, advanced tools
IFC Markets	Low spreads, fast execution	CySEC	Diverse asset range, advanced tools
InstaForex	Low fees, robust trading platform	FSC	Wide range of assets, educational content
Investizo	Low spreads, multiple account types	FSC	Forex and CFDs, advanced tools
IQ Option	Low fees, user-friendly platform	CySEC	Cryptocurrency trading, advanced tools
IronFX	Low spreads, advanced trading tools	FCA	Diverse assets, 24/7 support
JustMarkets	Competitive spreads, multiple account types	IFSC	Forex and CFDs, advanced tools
KCM Trade	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
LandFX	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
LMFX	Low spreads, high leverage	NA	Diverse assets, user-friendly platform
LiteFinance	Low fees, robust trading platform	CySEC	Wide range of assets, educational content
Markets.com	Low spreads, multiple account types	FCA, CySEC	Forex and CFDs, advanced tools
MarketsVox	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
MeeFX	Low spreads, high leverage	NA	Diverse assets, user-friendly platform
MultiBank Group	Low fees, robust trading platform	FCA, CySEC	Wide range of assets, educational content
Mtrading	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
N1CM	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
Naga	Low spreads, fast execution	CySEC	Diverse asset range, advanced tools
NordFX	Low fees, robust trading platform	VFSC	Wide range of assets, educational content
OctaFX	Low spreads, high leverage	CySEC	Diverse assets, user-friendly platform
Olymptrade	Low fees, user-friendly platform	FCA	Cryptocurrency trading, advanced tools
Opofinance	Low spreads, fast execution	NA	Diverse asset range, advanced tools
Orbex	Low fees, robust trading platform	CySEC	Wide range of assets, educational content
PaxForex	Low spreads, multiple account types	IFSA	Forex and CFDs, advanced tools
Pepperstone	Low spreads, advanced trading tools	ASIC	Diverse assets, 24/5 support
PlexyTrade	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
PrimeBit	Low spreads, fast execution	NA	Diverse asset range, advanced tools
PU Prime	Low fees, robust trading platform	FCA	Wide range of assets, educational content
Purple Trading	Low spreads, multiple account types	CySEC	Forex and CFDs, advanced tools
QuadcodeMarkets	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
Quotex	Low spreads, fast execution	NA	Diverse asset range, advanced tools
RoboForex	Low fees, robust trading platform	IFSC	Wide range of assets, educational content
SabioTrade	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
SimpleFX	Low fees, user-friendly platform	FCA	Cryptocurrency trading, advanced tools
Skilling	Low spreads, fast execution	CySEC	Diverse asset range, advanced tools
SpreadEX	Low fees, robust trading platform	FCA	Wide range of assets, educational content
Squared Financial	Low spreads, multiple account types	CySEC	Forex and CFDs, advanced tools
Startrader	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
Switch Markets	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
Taurex	Low fees, robust trading platform	NA	Wide range of assets, educational content
T4Trade	Low spreads, multiple account types	CySEC	Forex and CFDs, advanced tools
TeleTrade	Low fees, user-friendly platform	CySEC	Cryptocurrency trading, advanced tools
Tickmill	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
TIO Markets	Low fees, robust trading platform	FCA, CySEC	Wide range of assets, educational content
TMGM	Low spreads, multiple account types	ASIC	Forex and CFDs, advanced tools
TopFX	Low fees, user-friendly platform	CySEC	Cryptocurrency trading, advanced tools
Trade Nation	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
Traders Trust	Low spreads, robust trading platform	NA	Wide range of assets, educational content
TradersWay	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
Ultima Markets	Low fees, user-friendly platform	NA	Cryptocurrency trading, advanced tools
Varianse	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
Vantage	Low fees, robust trading platform	ASIC, FCA	Wide range of assets, educational content
VPFX	Low spreads, multiple account types	NA	Forex and CFDs, advanced tools
VT Markets	Low fees, user-friendly platform	ASIC	Cryptocurrency trading, advanced tools
Weltrade	Low spreads, fast execution	FCA	Diverse asset range, advanced tools
WorldForex	Low fees, robust trading platform	NA	Wide range of assets, educational content
XM	Low spreads, multiple account types	FCA, CySEC	Forex and CFDs, advanced tools
XTB	Low fees, user-friendly platform	FCA	Cryptocurrency trading, advanced tools
XBTFX	Low spreads, fast execution	NA	Diverse asset range, advanced tools
xChief	Low fees, robust trading platform	NA	Wide range of assets, educational content

Tips for Choosing the Right Broker

To help you make an informed decision, consider these tips when choosing a brokerage firm:

Define your trading goals and risk tolerance.
Research and compare the fee structures of different service providers.
Check the quality and usability of the trading platforms.
Ensure the broker offers the assets you are interested in trading.
Read reviews and testimonials from other traders.
Test its customer service by asking questions before opening an account.

Common Pitfalls to Avoid

Avoid these common mistakes when selecting a broker:

Choosing a broker based solely on low fees without considering other factors.
Not verifying its regulatory status and reputation.
Ignoring the quality of customer support.
Overlooking hidden fees and charges.
Not testing the trading platform with a demo account.

FAQ

What is the best broker for beginners in Australia?

The best broker for beginners typically offers low fees, a user-friendly platform, and extensive educational resources.

Are Australian brokers safe?

Yes, those regulated by ASIC are considered safe as they adhere to strict financial standards and regulations.

What fees should I look out for when choosing a broker?

Key fees to consider include trading commissions, spreads, withdrawal fees, and inactivity fees.

Do brokers in Australia offer demo accounts?

Yes, most brokers offer demo accounts that allow you to practice trading with virtual funds before risking real money.

Can I trade international stocks with an Australian broker?

Yes, many Australian brokers offer access to international markets, though the availability of specific markets may vary.

What types of assets can I trade with Australian brokers?

Australian brokers typically offer a range of assets including stocks, forex, commodities, indices, and cryptocurrencies.

Resources

For further reading and resources on choosing the best brokers in Australia, consider the following websites:

User Reviews

“I’ve been trading for over a year now and I couldn’t be happier. The platform is incredibly intuitive and easy to use, even for someone like me who was new to trading. Customer service has been fantastic and I love the range of educational resources they offer. Highly recommend!”

Lara White

“Switching to my current broker was the best decision I made for my trading career. The fees are competitive, and the variety of assets available is impressive. I particularly appreciate the responsive customer support team that has helped me resolve issues quickly.”

Hugo Rivera

“I was a bit hesitant to start trading, but my broker made the process seamless. The demo account was a great way to get started without any risk, and the educational materials were extremely helpful. The platform is reliable and I feel secure knowing my funds are protected by ASIC regulation.”

Clara Reynolds

“After trying several brokerage firms, I finally found one that meets all my needs. The trading tools and analytics are top-notch, and the fees are transparent with no hidden charges. The ability to trade a diverse range of assets from a single platform is a huge plus.”

Ezra Harrison

“My experience has been nothing short of excellent. The platform is user-friendly and offers a wealth of features for both new and experienced traders. Customer support is always available and ready to assist. I highly recommend RoboForex to anyone looking to start trading.”

Mila Green

Article written, edited and reviewed by

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
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Last updated: October 17, 2025