Top Australian Forex And CFD Broker List

The Oct 2022 best CFD trading platforms are.

  • FP Markets FP Markets - Lowest Australian CFD Trading Brokerage
  • Pepperstone Pepperstone - Best CFD Trading Platforms In Australia
  • IC Markets IC Markets - Low Spread Australian CFD Broker
  • Plus500 Plus500 - Best CFD Broker For Beginners
  • city index logo City Index - Great Range of CFD Instruments
  • eToro eToro - Top social and CFD copy trading broker
  • axitrader logo Axi - Good CFD and forex broker Australian provider
  • CMC Markets CMC Markets - Great stock broker and CFD trading provider

FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
Our Rating
8.17
8.50
9.33
4.83
7.17
Fastest Limit Order Execution Speed
No Dealing Desk
Fast Execution Speed
MetaTrader 4 specialist
CopyTrader functionality
for automated trading

Regulations and Licenses

Feature
FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
ASIC (Australia)

Brokerage

Feature
FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
EUR/USD Avg. Raw Spread
0.20
0.02
0.17
-
-
GBP/USD Avg. Raw Spread
0.60
0.23
0.59
-
-
AUD/USD Avg. Raw Spread
0.40
0.17
0.24
-
-
EUR/USD Standard Spread
1.30
0.62
0.75
1.2
3.00
EUR/USD Fixed Spreads
-
-
-
-
Commissions (USD Base)
$3.00
$3.50
$3.50
$3.50
-
Minimum Deposit
$100
$0
$0
$0
$200
Swap Free Account
No Inactivity Fees
Funding Methods
10+
15+
16+
12+
11+
No Funding Fees

Markets and Instruments

Feature
FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
Currency Pairs
63+
61+
62+
72+
49+
Cryptocurrency CFDs*
4+
18+
12+
11+
46+
Index CFDs
14+
16+
14+
31+
13+
Share CFDs
12,986+
100+
300+
-
2000+
Commodities CFD
7+
26+
9+
16+
33+
Stockbroking
-
-
2000+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs: 30:1
Minor Pairs: 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
500:1
400:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FP Markets
IC Markets
Pepperstone
AxiTrader
eToro
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 8.17 ASIC, CySEC 0.20 0.60 0.40 95ms $100 63+ 4+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 9.33 ASIC, FCA
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 4.83 DFSA, FCA
ASIC
- - - 130ms $0 72+ 11+ 30:1 400:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1