Best Australian CFD Brokers

Top 6 CFD Broker Australia Comparison 2020

The best brokers for Australian CFD trading are both ASIC regulated and offer a free demo account.

  • Pepperstone offers the top three CFD trading platforms
  • IC Markets offer the lowest spreads for CFD trading
  • Plus500 is the best CFD provider for beginner traders
  • eToro offers social trading and copy trade CFD facilities
  • AxiTrader has a strong forex training offering
  • CMC Markets offers stock exchange and CFD trading

 

 

Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime
Our Rating
9.17
8.67
8
4.83
7.17
Most Awarded Broker
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
Fastest Limit Order Speed
72.6% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime
ASIC (Australia)

Brokerage

Feature
Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime
EUR/USD Avg. Raw Spread
0.16
0.1 Raw Account
0.10
0.44
0.1
GBP/USD Avg. Raw Spread
0.40
0.4 Raw Account
0.20
0.85
0.6
AUD/USD Avg. Raw Spread
0.27
0.2 Raw Account
0.20
0.42
0.1
EUR/USD Standard Spread
1.16
1.1
1.20
1.2
Commissions (USD Base)
$3.50
$3.50
$3.00
USD$3.50
$3.50
Commission Rebates
No

Markets and Instruments

Feature
Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime
Currency Pairs
66
65+
61+
80+
46+
Cryptocurrency CFDs
6
10+
5+
6+
5+
Index CFDs
15
16+
14+
31+
13+
Commodities CFD
22
19+
4+
28+
8+
Stockbroking
Retail Max. Leverage
500:1
30:1 (CySec)
500:1 (ASIC)
500:1
30:1 (FCA)
400:1 (ASIC)
50:1 (DFSA)
100:1

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader

Overall

Pepperstone
IC Markets
FP Markets
AxiTrader
Global Prime