Best forex brokers in Australia

Danish investment bank, premium broker for serious traders. SaxoTraderGO and SaxoTraderPRO platforms. Access to 70,000+ instruments across forex, stocks, bonds, options.

Min deposit:

$0.00

Leverage:

1:200

EUR/USD:

0.40 pips

Commission:

$0.00/lot

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.09 pips

Commission:

$7/lot

Worlds largest CFD provider. LSE-listed (IGG) since 1974. Regulated globally including US CFTC. ProRealTime, MT4, and own platforms.

Min deposit:

$0.00

Leverage:

1:200

EUR/USD:

0.60 pips

Commission:

$0.00/lot

One of the most trusted forex brokers worldwide. Founded 1996, regulated by 6+ tier-1 authorities including US CFTC. No minimum deposit, transparent pricing, deep institutional liquidity.

Min deposit:

$0.00

Leverage:

1:200

EUR/USD:

0.30 pips

Commission:

$0.00/lot

LSE-listed UK broker (CMCX) since 1989. Award-winning Next Generation proprietary platform. 12,000+ instruments. Strong choice for UK and AU traders.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.30 pips

Commission:

$0.00/lot

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

Nasdaq-listed institutional-grade broker with the broadest market access of any retail-accessible broker — 150+ markets across 33 countries. Trader Workstation is the industry yardstick for power users.

Min deposit:

$0.00

Leverage:

1:50

EUR/USD:

0.20 pips

Commission:

$4/lot

AU-headquartered broker with strong global presence. Competitive Raw account, copy trading via DupliTrade and ZuluTrade integration.

Min deposit:

$50

Leverage:

1:500

EUR/USD:

0.20 pips

Commission:

$6/lot

StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.

Min deposit:

$100

Leverage:

1:400

EUR/USD:

0.20 pips

Commission:

$5/lot

Worlds largest social trading platform with 30M+ users. Copy trade successful investors, plus access to forex, stocks, crypto, ETFs, and commodities.

Min deposit:

$50

Leverage:

1:30

EUR/USD:

1.00 pips

Commission:

$0.00/lot

Long-established UK broker (operating since 1983) now part of NYSE-listed StoneX Group. Mature proprietary AT Pro platform alongside MT4 and TradingView, with FCA and ASIC oversight.

Min deposit:

$0.00

Leverage:

1:30

EUR/USD:

0.50 pips

Commission:

$0.00/lot

AU broker (formerly AxiTrader, founded 2007). FMA-NZ regulated. Strong copy trading via Axi Select. Raw spreads with $7/lot commission.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Estonian-founded global broker (formerly Admiral Markets). 20+ years experience. MT5 specialist with extensive add-ons via Supreme Edition.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

AU/UK broker since 2010. ThinkTrader proprietary platform plus MT4/MT5. Strong global presence with offices in 8 countries.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Fast-growing CFD broker with FCA, ASIC and CySEC oversight, an AI-driven trading-bias detection feature, and a clean proprietary platform. Strong choice for traders who want zero-commission with tight spreads.

Min deposit:

$20

Leverage:

1:500

EUR/USD:

0.60 pips

Commission:

$0.00/lot

Long-established multi-asset broker with a $5 minimum deposit and four-jurisdiction regulation including ASIC and DFSA. Strong educational resources and a copy-trading marketplace make it a popular pick for newer traders.

Min deposit:

$5

Leverage:

1:1000

EUR/USD:

0.70 pips

Commission:

$0.00/lot

AU-based broker (founded 2009). Strong crypto CFD coverage and TradingView integration. Raw spreads with $7/lot commission. Smaller than Pepperstone but rapidly growing.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Multi-regulated global broker since 2006. Best for fixed spread trading and AvaProtect risk-management tool. AvaSocial copy trading platform included.

Min deposit:

$100

Leverage:

1:400

EUR/USD:

0.90 pips

Commission:

$0.00/lot

CFD specialist with proprietary platform. Listed on London Stock Exchange (PLUS.L). 7 global regulators including FMA-NZ. Best for ease of use, not for advanced trading.

Min deposit:

$100

Leverage:

1:30

EUR/USD:

0.80 pips

Commission:

$0.00/lot

ASIC-regulated Melbourne broker since 2006 with the full platform suite — MT4, MT5, cTrader, TradingView and proprietary GO TradeX. AUD and NZD base currencies and PayPal funding suit local retail traders.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.00 pips

Commission:

$6/lot

One of the longest-running CFD brokers (since 2001), known for fixed spreads, dealCancellation and freeze-rate features. Regulated by ASIC and CySEC with a $25 entry point on the Standard account.

Min deposit:

$25

Leverage:

1:2000

EUR/USD:

0.70 pips

Commission:

$0.00/lot

High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.

Min deposit:

$1

Leverage:

1:3000

EUR/USD:

0.90 pips

Commission:

$0.00/lot