Best CFD Brokers in Australia (2026)

Capital.com heads the CFD ranking on product range and platform breadth: more than 4,500 instruments spanning 130+ forex pairs, 25+ indices, 3,000+ share CFDs, 30+ commodities, 100+ crypto CFDs and 250+ ETF CFDs. Trading runs on its own WebTrader, on MT4 and MT5, or natively inside TradingView, and retail pricing is spread only with no separate commission. The minimum deposit is A$20 and there is no inactivity fee. ASIC issued Capital Com Australia AFSL 513393 in 2021, within a group also regulated by the FCA and CySEC.

London-founded in 2016 and ASIC-regulated since 2021 under AFSL 513393, Capital.com is one of the fastest-growing mid-market CFD brokers in Australia. The group also holds FCA (UK), CySEC (Cyprus) and SCB (Bahamas) licences and reports 600,000+ active accounts globally.

The Standard account prices dynamically with no published fixed rate, and EUR/USD measured 0.7 pips with no commission. The platform stack is the Capital.com WebTrader, MT4, MT5 and native TradingView execution. Over 4,500 tradeable instruments span forex, indices, commodities, shares and crypto CFDs.

A$20 minimum deposit with fee-free AU funding via PayID, card, PayPal and Apple Pay. Retail leverage follows the ASIC retail caps. Negative balance protection and AFCA dispute coverage standard. Customer support runs 24/5 by live chat (no phone support for retail).

FP Markets leads the group for ASX share CFDs, and is the only broker here with direct market access to ASX-listed equities through IRESS alongside its 10,000+ share CFDs. CFD traders get the Raw account, pricing EUR/USD around 0.10 to 0.15 pips plus A$3.50 per side commission, across MT4, MT5, cTrader, TradingView and IRESS Trader. The minimum deposit is A$100 for CFD accounts, there is no inactivity fee, and First Prudential Markets has held AFSL 286354 since 2005. It is one of only two brokers in this list running five trading platforms.

Founded in Sydney in 2005, FP Markets holds AFSL 286354 and is one of the longest-running Australian-headquartered RAW-style brokers. The group also holds CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius) and CMA (Kenya) licences.

The Raw account pairs EUR/USD spreads from 0.0 pips with AUD 7 round-turn commission per standard lot. The Standard account is commission-free with wider spreads. What sets FP Markets apart on this list is the IRESS account, which provides DMA access to ASX equities and international shares.

$100 minimum deposit on the Raw and Standard accounts; the IRESS account requires a separate application and higher balance. Funding is fee-free via PayID, BPAY, card and PayPal. Retail leverage follows the ASIC retail caps. AFCA dispute coverage and negative balance protection standard.

FP Markets spread table (averaged over our most recent test cycle):

Pepperstone stays our top-rated broker overall, and sits third here only because CFD Fit weights product range more heavily than cost. Its share CFD book runs to roughly 1,200 names, narrower than CMC or IG, but pricing and platform choice are hard to beat: Razor commission of A$3.50 per side, 90+ forex pairs, 25+ indices, and MT4, MT5, cTrader, TradingView plus its own web platform on a single login. There is no minimum deposit or inactivity fee, and Pepperstone has held AFSL 414530 since 2013.

Founded in Melbourne in 2010, Pepperstone is one of Australia's largest forex brokers and has held ASIC AFSL 414530 since 2013. It also holds Tier-1 licences with the FCA (UK), BaFin (Germany), CySEC (Cyprus), CMA (Kenya) and DFSA (Dubai).

Two main account types are offered. The Razor (RAW) account pairs EUR/USD spreads from 0.0 pips with AUD 7 round-turn commission per standard lot. The Standard account is commission-free with EUR/USD from roughly 1.1 pips. Five trading platforms are supported: MT4, MT5, cTrader, TradingView and the Pepperstone Trading Platform.

Funding is fee-free via PayID, BPAY, card and PayPal. AUD-denominated accounts available. Retail leverage follows the ASIC retail caps, with negative balance protection and AFCA dispute coverage standard. Customer support runs 24/7 by live chat.

Pepperstone spread table (averaged over our most recent test cycle):

ThinkMarkets brings a deep multi-asset book to the mid-table: 4,000+ instruments including 3,500+ share CFDs across the ASX, NYSE, NASDAQ, LSE and EU exchanges. The Melbourne-based broker pairs its ThinkTrader web and mobile platform, which adds TradingView on the same account, with MT4 for expert advisor users on the Standard and ThinkZero accounts. ThinkZero prices raw spreads with A$3.50 per side commission on AUD accounts and carries a hard A$500 minimum. ThinkMarkets has been ASIC-regulated under AFSL 424700 since 2012.

Founded in Melbourne in 2010 (AFSL 424700, TF Global Markets (Aust) Pty Ltd), ThinkMarkets holds Tier-1 licences alongside ASIC: FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), JFSA (Japan).

The Standard account is commission-free with EUR/USD from 0.4 pips. The ThinkZero RAW account pairs EUR/USD spreads from 0.0 pips with AUD 7.00 round-turn commission. Platforms supported are the ThinkTrader proprietary platform, MT4, TradingView and ZuluTrade copy trading.

$0 minimum deposit with AU funding via PayID, BPAY, POLi and card. Retail leverage follows the ASIC retail caps. AFCA dispute coverage and negative balance protection standard. Customer support runs 24/5 by live chat, email and phone.

CMC Markets lists over 12,000 CFD instruments, including 330+ forex pairs, 10,000+ share CFDs, 100+ commodities and one of the few bond CFD lineups in this group, all on its Next Generation platform with pattern recognition scanning and client sentiment data. The Standard account is spread only with no commission and no minimum deposit, and the separate CMC Invest service adds direct ASX share dealing under its own licence. Research feeds from Morningstar and Reuters are built in. CMC Markets Asia Pacific has held AFSL 238054 since 2004.

Founded in London in 1989 and operating in Australia since 2002, CMC Markets is one of the longest-tenured CFD brokers in the AU market. The AU entity holds AFSL 238054. The group is LSE-listed and also holds FCA (UK), BaFin (Germany), MAS (Singapore) and CIRO (Canada) licences.

Standard account spreads start from 0.5 pips on EUR/USD with no commission; FX Active pairs tighter spreads with a commission. CMC also runs a separate stockbroking service for direct ASX share investing. The Next Generation platform pairs with MT4 (no MT5 or cTrader on the AU entity).

$0 minimum deposit and fee-free AU funding via PayID, BPAY and card. Retail leverage follows the ASIC retail caps. Negative balance protection and AFCA dispute coverage standard. Customer support runs 24/5 by live chat, email and phone.

CMC Markets spread table (indicative standard-account pricing, not from our measured capture):

IG Markets is the range heavyweight, with 17,000+ markets spanning 80+ forex pairs, 30+ indices, 13,000+ share CFDs, 35+ commodities and bond CFDs, plus Knock-Out and Barrier options that no other broker here offers to retail clients. Trading runs on the IG web platform or MT4, with ProRealTime charting free for clients trading four or more times a month. The minimum deposit is A$100 by card (A$10 by BPAY), and IG has operated in Australia since 2002, with IG Australia Pty Ltd holding AFSL 515106.

IG is one of the oldest brokers in the industry, founded in 1974 and listed on the London Stock Exchange (FTSE 250). IG has operated in Australia since 2002; new Australian CFD accounts are issued by IG Australia Pty Ltd under AFSL 515106. The group also holds FCA (UK), MAS (Singapore), CIRO (Canada) and 8 additional Tier-1 licences.

The headline draw is product breadth: 17,000+ tradeable markets including 13,000+ share CFDs, the broadest range of any ASIC-regulated broker we cover. Forex coverage spans 90+ pairs. Spreads start from 0.6 pips on EUR/USD with no commission on the standard account; Forex Direct instead adds a volume-tiered commission billed in US dollars per US$1 million of notional.

$0 minimum deposit and fee-free AU funding via PayID, BPAY, card and PayPal. Platforms include MT4, the IG Web Platform and the IG Mobile App. Retail leverage follows the ASIC retail caps. Negative balance protection and AFCA dispute coverage standard.

IG Markets spread table (averaged over our most recent test cycle):

IC Markets is the execution pick of the ten. The Raw Spread account averaged 0.01 pips on EUR/USD in our May and June 2026 testing with A$4.50 per side commission, and CFD coverage takes in 25+ indices, roughly 2,000 share CFDs on MT5, commodities and 18+ crypto CFDs. cTrader is its recommended platform alongside MT4 and MT5, and execution consistently places among the fastest we track, with free VPS for qualifying active traders. The minimum deposit is US$200, and International Capital Markets has held AFSL 335692 since 2009.

Founded in Sydney in 2007, IC Markets is one of Australia's longest-running ECN brokers and has held AFSL 335692 since 2009. The Raw Spread account delivers EUR/USD spreads from 0.0 pips with AUD 9 round-turn commission, while the cTrader RAW account bills USD 3.00 per USD 100,000 traded per side, converted to your account currency. The Standard account is commission-free with spreads from 1.0 pips.

Liquidity comes from 25+ Tier-1 banks and dark pools; the result is true ECN execution that suits scalpers and EA traders. Platforms supported are MT4, MT5 and cTrader. Over 2,250 tradeable instruments span forex, indices, commodities, bonds, shares and crypto CFDs.

Minimum deposit is $200, higher than the $0 brokers in this list. AUD funding via PayID, BPAY and card is fee-free. Retail leverage follows the ASIC retail caps, with AFCA dispute coverage and negative balance protection.

IC Markets spread table (averaged over our most recent test cycle):

Plus500 keeps CFD trading simple: one spread-only account, one proprietary WebTrader platform across browser, Windows and mobile, and 2,800+ instruments including around 70 forex pairs, 30+ indices and roughly 2,000 share CFDs. Guaranteed stop-loss orders, priced through a wider spread set when the position opens, make it a strong risk-management fit for newer CFD traders. Most applications were approved within 30 minutes in our account-opening test, and the minimum deposit is A$100. Plus500AU has held AFSL 417727 since 2012, and the parent is a FTSE 250 company.

London Stock Exchange-listed (FTSE 250) and ASIC-regulated under AFSL 417727 since 2012, Plus500 operates a markup-pricing model on a proprietary platform with no MT4/MT5/cTrader.

Spreads are baked into the price (no commission). EUR/USD runs 0.6 to 1.0 pips typical, on a 0.6 pip eight-pair measured average. The platform is deliberately simple: a single account type, a clean trade ticket and 2,800+ CFD instruments. Guaranteed stop-loss orders are available for a small premium.

$100 minimum deposit with fee-free AU funding via PayID, BPAY, card and PayPal. Retail leverage follows the ASIC retail caps. AFCA dispute coverage and negative balance protection standard.

Plus500 spread table (averaged over our most recent test cycle):

eToro takes the social angle on CFDs, pairing its CopyTrader system, the most developed copy product in our coverage, with a mix of CFDs and real shares across roughly 3,000 instruments. Retail pricing is spread only, and real US, UK, EU and ASX shares trade at a flat US$2 per order. The catch for Australians is the USD default account: unless you hold the eligible AUD account, it adds a conversion cost on every AUD deposit and withdrawal. The minimum deposit is US$50, and eToro AUS Capital has held AFSL 491139 since 2017.

Founded in Tel Aviv in 2007 and operating in Australia since 2018 under AFSL 491139, eToro is the world's largest social trading platform with 30M+ registered users globally. The group also holds FCA (UK), CySEC (Cyprus) and FinCEN (US) regulation.

eToro's proprietary platform supports both forex/CFD trading and direct share investing at a flat USD 2 per trade (ETFs 0%) across US, AU, UK and EU exchanges. CopyTrader lets you automatically replicate other traders' positions; Smart Portfolios bundle thematic baskets. No MT4, MT5, cTrader or TradingView trading.

The trading account is USD-based, with an AUD local currency account that lets Australians deposit, hold and withdraw AUD; conversion fees from 0.75% apply when switching to USD. $50 USD minimum deposit; funding via card, PayPal, bank transfer and select e-wallets. Retail leverage follows the ASIC retail caps. AFCA dispute coverage standard.

eToro spread table (indicative standard-account pricing, not from our measured capture):

Interactive Brokers rounds out the ten for traders who want CFDs beside a full investing stack. Index, single-stock and forex CFDs sit alongside direct access to 150+ markets in 33 countries, real bonds and listed options, all in true multi-currency accounts that hold AUD without forced conversion. Pricing is commission-based rather than spread markup, and ASX stockbroking starts from about A$6 per trade, the cheapest on our site for active share traders. There is no minimum deposit, and Interactive Brokers Australia has held AFSL 453554 since 2016.

Founded in 1978 and NASDAQ-listed (IBKR), Interactive Brokers operates the AU entity under AFSL 453554. The group holds licences across every major financial market and is one of the very few brokers offering direct exchange access alongside CFDs.

IBKR's pricing model is volume-tiered with very low headline commissions. Spreads on forex pairs start from 0.2 pips with a typical commission of USD 2.50 per AUD 100,000. The platform stack is built around Trader Workstation (TWS), which is feature-dense and built for professionals, plus the lighter IBKR Mobile, GlobalTrader and WebTrader.

$0 minimum deposit with fee-free AU funding via PayID, BPAY, card and wire. Retail leverage follows the ASIC retail caps. AFCA dispute coverage and negative balance protection standard. Inactivity fees apply on small accounts.