Intro and winners
Find below the strengths of the best CFD brokers available in Australia, updated for 2025:
- IC Markets is the winner, the best CFD broker in Australia in 2025. - Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offers standard and raw spread accounts.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- Saxo - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
- Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
- FP Markets - Low forex fees. Easy and fast account opening and funding. Great education tools.
- FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
- Pepperstone - Fast and fully digital account opening. Seamless and free deposit and withdrawal. Great educational materials.
- FXTRADING.com - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
Comparison of top CFD brokers and trading platforms in Australia in 2025
While many CFD brokers catering to clients in Australia offer an excellent service, the ones in our top list go the extra mile.
| Broker | Minimum deposit | Time to open account |
|---|---|---|
| IC Markets | $200 | 1 day |
| Admirals (Admiral Markets) | $100 | 1 day |
| Saxo | $0 | 1 day |
| Tickmill | $100 | 1 day |
| Capital.com | $20 | 1 day |
| FP Markets | $50 | 1 day |
| FxPro | $100 | 1 day |
| Pepperstone | $0 | 1 day |
| FXTRADING.com | $50 | 1 day |
| Oanda | $0 | 1-3 days |
Popularity of the best CFD brokers in Australia
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Trading fees at the top CFD brokers in Australia
How much you pay in fees for a given CFD trade is a key broker selection criteria. We calculated a benchmark fee for stock CFDs. This is the total of how much you have to pay in spreads, commissions and other costs for each asset class if you open a position and hold it for a week before closing.
| Broker | S&P 500 CFD spread | Apple CFD fee |
|---|---|---|
| IC Markets | 0.2 | $1.5 |
| Admirals (Admiral Markets) | 0.4 | $3.4 |
| Saxo | 0.5 | $11.3 |
| Tickmill | 0.4 | - |
| Capital.com | 0.8 | $4.4 |
| FP Markets | 0.5 | $7.4 |
| FxPro | 1.0 | $4.3 |
| Pepperstone | 0.4 | $3.9 |
| FXTRADING.com | 0.3 | - |
| Oanda | 0.3 | $3.0 |
If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.
Non-trading fees at the best CFD brokers in Australia
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Withdrawal fee | Inactivity fee |
|---|---|---|
| IC Markets | $0 | |
| Admirals (Admiral Markets) | $0 | |
| Saxo | $0 | |
| Tickmill | $0 | |
| Capital.com | $0 | |
| FP Markets | $0 | |
| FxPro | $0 | |
| Pepperstone | $0 | |
| FXTRADING.com | $0 | |
| Oanda | $0 |
Product selection at the top CFD brokers in Australia
The brokerages in our toplist offer a range of products in addition to CFDs. See what else you can trade at the best CFD brokers.
| Broker | Stocks | ETFs |
|---|---|---|
| IC Markets | ||
| Admirals (Admiral Markets) | ||
| Saxo | ||
| Tickmill | ||
| Capital.com | ||
| FP Markets | ||
| FxPro | ||
| Pepperstone | ||
| FXTRADING.com | ||
| Oanda |
CFD trading in Australia
Trading CFDs is legal in Australia and the Australian Securities and Investment Commission (ASIC) does an excellent job at regulating the market and the service providers. Before you open an account with a broker, make sure it's regulated by ASIC or another top-tier regulator such as the FCA in the UK or BaFin in Germany.
ASIC imposed a set of conditions on the issue and distribution of CFDs in 2021 that the regulator plans to keep in place until May 2027. The limitations are the following:
- leverage ratio limits ranging from 30:1 to 2:1
- standardisation of margin-close out rules
- negative balance protection
- prohibitions on offering or giving of certain inducements
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. If you are not familiar with CFDs, start by reading our guide to CFD trading.
And now, let's see the best CFD brokers for Australians one by one, starting with the winner, IC Markets.
Visit broker
70.64% of retail CFD accounts lose money
| IC Markets snapshot | |
|---|---|
| Minimum deposit | $200 |
| Mobile app score | 3.8 stars |
| Stock CFDs | 2,100 |
| Stock index CFDs | 25 |
| Commodity CFDs | 28 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of IC Markets services, check out our review for 2025 |
Visit broker
74% of retail CFD accounts lose money
| Admirals (Admiral Markets) snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.3 stars |
| Stock CFDs | 3,354 |
| Stock index CFDs | 43 |
| Commodity CFDs | 28 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong, Perfect Money |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2025 |
Visit broker
62% of retail CFD accounts lose money
| Saxo snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Stock CFDs | 7,800 |
| Stock index CFDs | 20 |
| Commodity CFDs | 20 |
| Deposit methods | Bank transfer, Credit/debit cards |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Saxo services, check out our review for 2025 |
Visit broker
72% of retail CFD accounts lose money
| Tickmill snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 3.8 stars |
| Stock CFDs | 400 |
| Stock index CFDs | 20 |
| Commodity CFDs | 15 |
| Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, Przelewy, PayPal |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Tickmill services, check out our review for 2025 |
Visit broker
82.12% of retail CFD accounts lose money
| Capital.com snapshot | |
|---|---|
| Minimum deposit | $20 |
| Mobile app score | 4.9 stars |
| Stock CFDs | 2,760 |
| Stock index CFDs | 20 |
| Commodity CFDs | 30 |
| Deposit methods | Bank transfer, Credit/debit cards, Apple Pay, PayPal, Neteller, Skrill, Sofort, Trustly |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Capital.com services, check out our review for 2025 |
Visit broker
72.5% of retail CFD accounts lose money
| FP Markets snapshot | |
|---|---|
| Minimum deposit | $50 |
| Mobile app score | 3.8 stars |
| Stock CFDs | 10,000 |
| Stock index CFDs | 19 |
| Commodity CFDs | 12 |
| Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Asia Banks, Sticpay, fasapay, Virtual Pay, Rupee Payments, Rapyd, Perfect Money, pagsmile, Cryptocurrency Solution, Crypto (finrax), mybux, ypay, Apple Pay, Google Pay, B2Binpay |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of FP Markets services, check out our review for 2025 |
Visit broker
74% of retail CFD accounts lose money
| FxPro snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.3 stars |
| Stock CFDs | 2,000 |
| Stock index CFDs | 29 |
| Commodity CFDs | 25 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of FxPro services, check out our review for 2025 |
Visit broker
75.1% of retail CFD accounts lose money
| Pepperstone snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.8 stars |
| Stock CFDs | 1,400 |
| Stock index CFDs | 23 |
| Commodity CFDs | 40 |
| Deposit methods | Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay, MPESA+FaceID |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Pepperstone services, check out our review for 2025 |
Visit broker
74-89% of retail CFD accounts lose money
| FXTRADING.com snapshot | |
|---|---|
| Minimum deposit | $50 |
| Mobile app score | 3.8 stars |
| Stock CFDs | 10,000 |
| Stock index CFDs | 17 |
| Commodity CFDs | 16 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Neteller, UnionPay, USDT |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of FXTRADING.com services, check out our review for 2025 |
Visit broker
75% of retail CFD accounts lose money
| Oanda snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.9 stars |
| Stock CFDs | 1,600 |
| Stock index CFDs | 12 |
| Commodity CFDs | 14 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Oanda services, check out our review for 2025 |
Didn't find the best broker for you?
Answer a few questions and get a personalized broker list!
Get a personalized broker recommendation
How did BrokerChooser select the best CFD brokers in Australia?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (i.e. spreads, withdrawal fee, commission) with special emphasis on CFD fees,
- Looked at the range of CFDs available,
- Opened an account and tested the services of the broker with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology
BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
