Top 8 Australian Forex Trading Platforms

Best Australian Forex TradingBased on the top categories the best forex trading platforms for Australian traders are the following.

To compare the forex brokers offering the best trading platforms, we created a best forex broker platform comparison table.

In this article, firstly we explain the two most popular trading platforms for retail investors in Australia (MetaTrader 4 and MetaTrader 5), then we look at the best Australian brokers and the platforms offered.

Broker Reviewed

Pepperstone
IC Markets
CMC Markets
EasyMarkets
IG
Our Rating
9.17
8.83
7.17
7.33
6.67
Most Awarded Broker
Best Spread Broker
Offers CFDs + Stockbroking
Ideal For Beginner Traders
Risk management features

Regulations and Licenses

Feature
Pepperstone
IC Markets
CMC Markets
EasyMarkets
IG
ASIC (Australia)

Brokerage

Feature
Pepperstone
IC Markets
CMC Markets
EasyMarkets
IG
EUR/USD Avg. Raw Spread
0.13
0.10
0.17
GBP/USD Avg. Raw Spread
0.51
0.40
0.6
AUD/USD Avg. Raw Spread
0.18
0.20
0.3
EUR/USD Standard Spread
1.13
1.10
1.2
1.2 Web/App / 0.9 MT4 (VIP)
1.5 Web/App / 1.4 MT4 (Premium)
2 Web/App / 1.9 MT4 (Standard)
0.7
EUR/USD Fixed Spreads
1.2 Web/App / 0.9 MT4 (VIP Account)
1.5 Web/App / 1.4 MT4 (Premium Account)
2 Web/App / 1.9 MT4 (Standard Account)
Commissions (USD Base)
AUD $3.50
USD $3.50
Commission Rebates
Minimum Deposit
$200
USD $200
$0
AUD $200 Standard Account
AUD $3000 Premium Account
AUD $10,000 VIP Account
$450
Has Islamic Account
$0
No Inactivity Fees
Funding Methods
16
15
4
16
4
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
CMC Markets
EasyMarkets
IG
Currency Pairs
66+
65+
339
70+
90+
Cryptocurrency CFDs
4+
10+
12
3+
8
Index CFDs
2+
16+
46
14+
37
Share CFDs
5+
100+
9.000
26+
8,600+
Commodities CFD
4+
19+
111
12+
26
Stockbroking
Retail Max. Leverage
500:1
500:1
500:1
400:1
200:1
Professional Leverage
500:1
500:1
500:1
400:1
200:1

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
CMC Markets
EasyMarkets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MetaTrader 4 only
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
ESMA regulated territories only
Demo Account
Unique Feature 1
Smart Trader Tools
ECN pricing
Stockbroking Services
Risk management leader
DealCancellation
Freeze Rate
Guaranteed stop loss orders
Unique Feature 2
Fast Execution Speed
Range of fee free funding options
Guaranteed Protections
Guaranteed Negative Balance Protection
Fixed Spreads
Choice of Platforms

Overall