Best brokers available in Australia

Australia permits retail CFD and forex trading through appropriately licensed Australian financial-services firms, but ASIC's CFD product intervention order remains in force until 23 May 2027. Retail CFD protections include leverage limits from 30:1 to 2:1 depending on the underlying, standardised margin close-out, negative-balance protection and restrictions on certain inducements.

Brokers serving Australia

CMC MarketsCMC Markets Asia Pacific Pty Ltd (CFDs); CMC Markets Stockbroking Limited (cash investments and exchange-traded options) Available 95/100 Review & country fit →
Available/eligible products: Forex CFDs, Index, commodity, treasury, share, ETF, option and cryptocurrency CFDs, Cash shares and ETFs through CMC Invest, Exchange-traded options through CMC Invest, subject to options approval, Cryptocurrency CFDs
Restricted/not offered: Retail CFD leverage above ASIC product-intervention limits, CFD trading without ASIC retail margin close-out and negative-balance protections, Options strategies above the client's approved CMC Invest options trading level
IGIG Australia Pty Ltd Available 94/100 Review & country fit →
Available/eligible products: Forex/CFDs, Shares, ETFs, Direct crypto through IG Digital Assets Australia, Share, index, commodity and cryptocurrency CFDs
Restricted/not offered: Products outside Australian permissions/client eligibility, Direct crypto is offered by a separate AUSTRAC-registered business and is described by IG as unregulated, CFD futures are not the same as exchange-traded futures
OANDAOANDA Australia Pty Ltd Available 91/100 Review & country fit →
Available/eligible products: Forex CFDs, Index CFDs, Commodity and metal CFDs, Bond CFDs, Share CFDs on eligible US and European listed shares, Cryptocurrency CFDs
Restricted/not offered: Retail CFD leverage above ASIC product-intervention limits, CFD trading without ASIC retail margin close-out and negative-balance protections, Direct cryptocurrency ownership on the reviewed OANDA Australia CFD account
PepperstonePepperstone Group Limited Available 91/100 Review & country fit →
Available/eligible products: Margin FX, Index, commodity and other CFDs, Share CFDs, ETF CFDs, Cryptocurrency CFDs
Restricted/not offered: Retail leverage above ASIC product-intervention caps, Direct ownership of shares or ETFs on the reviewed Pepperstone Australia CFD account, Exchange-traded listed options or futures where no direct brokerage route was verified
ACY SecuritiesACY Securities Pty Ltd Available 89/100 Review & country fit →
Available/eligible products: Forex CFDs, Commodity CFDs, Index CFDs, Share CFDs, ETF CFDs and other derivative products made available under the Australian account
Restricted/not offered: Direct ownership of shares/ETFs has not been verified from the reviewed Australian CFD proposition, Listed options not verified, Listed futures execution not verified
FP MarketsFirst Prudential Markets Pty Ltd Available 89/100 Review & country fit →
Available/eligible products: Forex CFDs, Share CFDs, ETF CFDs, Index, commodity, metal and bond CFDs, Cryptocurrency CFDs
Restricted/not offered: Retail leverage above ASIC product-intervention caps, Direct ownership of shares, ETFs or cryptocurrencies on the reviewed Australian CFD account, Exchange-traded listed options or futures where no direct brokerage route was verified
Ingot BrokersINGOT AU PTY LTD Available 89/100 Review & country fit →
Available/eligible products: CFDs on forex/currencies, CFDs on indices, commodities and other published asset classes subject to the Australian PDS/TMD
Restricted/not offered: Products outside the Australian entity's current PDS/TMD or client target market
Dna MarketsFocus Markets Pty Ltd Available 86/100 Review & country fit →
Available/eligible products: OTC CFDs on currencies, OTC CFDs on commodities and indices, Share CFDs, Cryptocurrency CFDs
Restricted/not offered: Direct ownership of underlying shares/crypto is not provided by the reviewed CFD product
Kcm TradeKohle Capital Markets Pty Limited Available 76/100 Review & country fit →
Available/eligible products: Australian-regulated CFD/forex products made available through kcmtradeplus.com.au subject to the Australian client agreement
Restricted/not offered: Products outside the Australian entity's AFSL permissions/client target market

Sources