Best CFD Trading Platforms in Australia (2026)

What I keep coming back to with Capital.com is the enormous product range it packs into a mid-market broker, and the platform integration is something I genuinely rate. You get more than 5,500 instruments spanning 120+ forex pairs, 35+ indices, 4,500 share CFDs, 65 commodities, 450 crypto CFDs and 250+ ETF CFDs, all tradeable on the firm's own WebTrader, on MT4 and MT5, or natively inside TradingView. Retail pricing is spread only with no separate commission, the minimum deposit is A$20 and there is no inactivity fee. Capital Com Australia Pty Ltd has held ASIC AFSL 513393 since 2021, and the wider group's FCA (UK), CySEC (Cyprus) and SCB (Bahamas) licences do not extend their protections to Australian clients, who deal with the ASIC entity.

With a London launch in 2016 and ASIC regulation under AFSL 513393 since 2021, Capital.com has grown into one of the fastest-moving mid-market CFD brokers we track in Australia. The parent group also holds FCA (UK), CySEC (Cyprus) and SCB (Bahamas) licences and reports more than 600,000 active accounts globally. Those group licences do not extend their protections to Australian clients, who deal with the ASIC entity.

The Standard account uses dynamic pricing rather than a published fixed rate; our October 2026 capture recorded EUR/USD at 0.74 pips with no commission. You can trade through the Capital.com WebTrader, MT4, MT5 and what I see as the real draw, native TradingView execution. Over 5,500 tradeable instruments span forex, indices, commodities, shares and crypto CFDs, so most traders will find the markets they want on a single login.

You can open an account with an A$20 minimum deposit and fund it fee-free in Australia via PayID, card, PayPal and Apple Pay. Retail leverage follows the ASIC retail caps, and negative balance protection plus AFCA dispute coverage come as standard. Capital.com's live chat, on 7 October 2026, confirmed 24/7 email and live chat support, with the phone line staffed from the Melbourne office between 8am and 6pm.

The reason I keep FP Markets in the runner-up spot is its direct market access to ASX-listed equities through IRESS alongside more than 10,000 share CFDs, an Australian equity setup no other broker here can match. CFD traders get the Raw account, and Noam Korbl's October 2026 capture put EUR/USD at 0.08 pips plus A$3.50 per side (A$7.00 round turn) commission, across MT4, MT5, cTrader, TradingView and IRESS Trader. There is no minimum deposit for CFD accounts, per FP Markets' Australian FAQ, read 9 October 2026, and no inactivity fee applies. First Prudential Markets has held AFSL 286354 since 2005, and it runs six trading platforms: MT4, MT5, cTrader, TradingView, IRESS and Mottai.

FP Markets was founded in Sydney in 2005 and holds AFSL 286354, which makes it one of the longest-running Australian-headquartered RAW-style brokers we cover. The group also holds CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) and CMA (Kenya) licences.

The Raw account pairs EUR/USD spreads from 0.0 pips with AUD 7 round-turn commission per standard lot, a pricing structure that favours active traders who want tight raw spreads and accept a clear per-trade cost. The Standard account is commission-free with wider spreads, which suits a lower-frequency approach. What sets FP Markets apart on this list is the IRESS account, and in my view that is the real reason to choose it: it provides DMA-priced share CFDs on ASX and international stocks that you simply will not find elsewhere in this ranking.

The Raw and Standard accounts carry no minimum deposit, per FP Markets' Australian FAQ, read 9 October 2026, while the IRESS account needs a separate application and a minimum of A$1,000. Fee-free funding is available via PayID, BPAY, card and PayPal. Retail leverage follows the ASIC retail caps, and AFCA dispute coverage plus negative balance protection are standard.

FP Markets spread table (averaged over our October 2026 test cycle):

My top-rated broker overall is Pepperstone, and I want to be clear about why it sits third here: our CFD Fit score weights product range more heavily than cost, and its share CFD book of roughly 1,200 names is narrower than what CMC or IG offer. For pricing and platform choice, though, it is genuinely 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 all 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 has grown into one of Australia's largest forex brokers and has held ASIC AFSL 414530 since 2013.

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, and this is the one I recommend for anyone who trades frequently. The Standard account is commission-free with EUR/USD from roughly 1.1 pips, which can work if you trade less often and want a simpler cost structure. The five supported platforms are MT4, MT5, cTrader, TradingView and the Pepperstone Trading Platform, with TradingView available on the Razor account only, not on Standard.

Funding is fee-free via PayID, BPAY, card and PayPal, and AUD-denominated accounts are available so you avoid a forced conversion. Retail leverage follows the ASIC retail caps, with negative balance protection and AFCA dispute coverage standard. Customer support runs 24/7 by live chat, which matters if you trade outside standard business hours.

Pepperstone spread table (averaged over our October 2026 test cycle):

When a trader's priority is exchange-listed share CFDs, ThinkMarkets is the name I keep bringing up. It 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, and that breadth is what holds it in the conversation against larger rivals. 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, a higher bar than most peers. ThinkMarkets has been ASIC-regulated under AFSL 424700 since 2012.

Founded in Melbourne in 2010, ThinkMarkets trades through TF Global Markets (Aust) Pty Ltd, which holds ASIC AFSL 424700.

The Standard account charges no commission and is advertised from 0.4 pips on EUR/USD, though our May to June 2026 capture measured it at 1.1 pips on EUR/USD and 1.2 pips across the eight-pair average, a level the raw accounts on this list beat on cost. The ThinkZero RAW account pairs EUR/USD spreads from 0.0 pips with AUD 7.00 round-turn commission, which puts it in line with the Australian RAW pricing benchmark. Platforms supported are the ThinkTrader proprietary platform, MT4 and TradingView.

The minimum deposit is A$0 on the Standard and ThinkTrader accounts and A$500 on ThinkZero, with AU funding by Visa, Mastercard, Apple Pay, Google Pay, BPAY, bank wire, Skrill, Neteller and PayPal, and no PayID. Retail leverage follows the ASIC retail caps, and AFCA dispute coverage plus negative balance protection are standard. Phone, live chat and email run 24/7 per ThinkMarkets' AU contact page, read 16 September 2026, though its own support page says 24 hours during the trading week, so the broker's pages conflict on support hours.

Nothing else here matches the scale I see at CMC Markets: 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, and all of it sits on the Next Generation platform with pattern recognition scanning and client sentiment data built in. 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. I like the fact that Morningstar and Reuters research feeds are integrated rather than bolted on. 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 Australian entity holds AFSL 238054, and the group is LSE-listed with additional FCA (UK), BaFin (Germany), MAS (Singapore) and CIRO (Canada) licences.

In our 5 to 9 October 2026 capture, CMC's FX Active account measured 0.11 pips on EUR/USD and 0.61 pips across eight pairs with commission of 0.0025% of notional per side, and the Standard account remains commission-free. CMC also runs a separate stockbroking service for direct ASX share investing, which is useful if you want CFD exposure and outright share ownership under one roof. The Next Generation platform pairs with MT4, though the AU entity does not offer MT5 or cTrader.

There is an A$0 minimum deposit and fee-free AU funding via bank transfer, PayID and PayPal, so you can start small and scale up. Retail leverage follows the ASIC retail caps, with negative balance protection and AFCA dispute coverage standard. Customer support runs 24/5 by live chat, email and phone.

CMC Markets spread table (FX Active account, averaged over our 5 to 9 October 2026 test cycle; spreads only, before FX Active’s commission of 0.0025% of trade value per side):

If a trader tells me they want every market in one place, IG Markets is the range heavyweight I point to. You get 11,000+ Australian and international share CFDs, 90+ currency pairs, 36 global indices and commodity CFDs on oil, gold and natural gas, according to IG's Australian site, read 27 September 2026. Bond CFDs plus Knock-Out and Barrier options are also open to you as a retail client. Trading runs on the IG web platform or MT4, and ProRealTime charting is free for clients trading four or more times a month. The minimum deposit is A$100 by card, or 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 its parent IG Group Holdings Plc is a FTSE 100 member listed on the London Stock Exchange. IG has operated in Australia since 2002; new Australian CFD accounts are issued by IG Australia Pty Ltd under AFSL 515106. We have not checked the IG group's overseas entities against their own local registers.

According to IG's Australian website, read 27 September 2026, you can trade 11,000+ Australian and international share CFDs and 36 global indices including the Australia 200. Forex coverage spans 90+ pairs, which covers every major, minor and exotic you are likely to need. Our capture of IG Markets' MT4 CFD standard account put EUR/USD at 0.76 pips averaged across the full month of October 2026, with no commission on the standard account; if you prefer a commission structure, Forex Direct adds a volume-tiered commission billed in US dollars per US$1 million of notional.

The minimum first deposit is A$100 by card, Apple Pay or PayPal, A$10 by BPAY and A$450 only for EFT with proof of payment; debit card, PayID, BPAY and bank transfer are free, while credit Mastercard costs 0.5%, credit Visa 1% and PayPal 0.5%. Platforms include MT4, the IG Web Platform and the IG Mobile App. Retail leverage follows the ASIC retail caps, and negative balance protection plus AFCA dispute coverage are standard.

IG Markets spread table (averaged over our October 2026 test cycle):

Raw pricing runs across cTrader, MT4 and MT5, and IC Markets places second on our 2026 sitewide scoring, which is why I recommend it for CFD trading. The Raw Spread account averaged 0.10 pips on EUR/USD in our October 2026 capture with A$4.50 per side commission, and CFD coverage takes in 25+ indices, roughly 2,000 share CFDs on MT5, commodities and 21 crypto CFDs; ETF CFDs join as a seventh class on 25 September 2026 under the broker's updated PDS. cTrader is its recommended platform alongside MT4 and MT5, 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 raw-spread 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, but in my view the Raw and cTrader RAW accounts are the real reason to choose IC Markets.

You deal with IC Markets as principal and counterparty under its CFD PDS, and it may hedge through a Hedge Counterparty. For scalpers and EA traders who need their orders filled at the price they see, our October 2026 capture put the Raw Spread account at 0.10 pips on EUR/USD, plus an A$9.00 round-turn commission on MetaTrader. Platforms supported are MT4, MT5 and cTrader. Over 2,250 tradeable instruments span forex, indices, commodities, bonds, shares and crypto CFDs, and the PDS dated 25 September 2026 adds ETF CFDs to that range.

The US$200 minimum on IC Markets' website is more than the $0 brokers in this list, so you need a little more capital to get started, even though its PDS and Account Terms set no minimum. Every deposit is free, whether you pay by card, PayPal, BPAY or bank wire. Retail leverage follows the ASIC retail caps, with AFCA dispute coverage and negative balance protection.

IC Markets spread table (averaged over our October 2026 test cycle):

I recommend Plus500 for the trader who wants CFD trading kept simple, and that simplicity is exactly what sells it for a certain kind of trader. You get 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. 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. That platform lock-in is the trade-off for the clean experience already described. If you can live without third-party platforms, the trade-off is a clean, controlled environment that is hard to misconfigure.

Spreads are baked into the price with no separate commission, so what you see on the ticket is what you pay. Plus500 advertises EUR/USD at 1.0 pips, its own figure recorded 29 July 2026, and we have not captured a spread for it. The platform is deliberately simple: a single account type, a clean trade ticket and 2,800+ CFD instruments. Guaranteed stop-loss orders are available, with the premium charged through a wider spread set when the position opens, and it is not refunded if the stop never fires.

You need an A$100 minimum deposit, and funding in AUD carries no fee from Plus500 via card, Google Pay, PayPal, BPAY and bank transfer. Retail leverage follows the ASIC retail caps, and AFCA dispute coverage plus negative balance protection are standard.

Plus500 spread table (Plus500 column: advertised, not from our measured capture):

The catch with eToro is the USD default account: without the eligible AUD account, it adds a conversion cost on every AUD deposit and withdrawal. I rate its CopyTrader system the most developed copy product we cover, and it pairs that social angle on CFDs 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 minimum deposit is US$50, and eToro AUS Capital has held AFSL 491139 since 2017.

Founded in Tel Aviv in 2007 and holding AFSL 491139 in Australia since 2017, eToro has become the world's largest social trading platform with 30M+ registered users globally. Federal Court proceedings ASIC commenced in August 2023 against eToro AUS Capital Limited (ASIC's case) allege the CFD product's target market was too broad, and no judgment was published as at 15 October 2026. Federal Court proceedings ASIC commenced in August 2023 against eToro AUS Capital Limited (ASIC's case) allege the CFD product's target market was too broad, and no judgment was published as at 15 October 2026. Federal Court proceedings ASIC commenced in August 2023 against eToro AUS Capital Limited (ASIC's case) allege the CFD product's target market was too broad, and no judgment was published as at 15 October 2026. Federal Court proceedings ASIC commenced in August 2023 against eToro AUS Capital Limited (ASIC's case) allege the CFD product's target market was too broad, and no judgment was published as at 15 October 2026.

eToro's proprietary platform supports both forex/CFD trading and direct share investing at a flat USD 2 per trade (ETFs at 0%) across US, AU, UK and EU exchanges, a setup that works well for copy trading and outright share ownership in one place. CopyTrader lets you automatically replicate other traders' positions, while Smart Portfolios bundle thematic baskets for a more hands-off approach. There is no MT4, MT5, cTrader or TradingView trading, so you commit to eToro's ecosystem.

The trading account is USD-based, and an AUD local currency account lets Australians deposit, hold and withdraw AUD. Funding or withdrawing through the USD account costs 150 pips per conversion, per eToro's Australian fee page, a cost to factor into your returns. The US$50 minimum deposit keeps the barrier low, and funding runs via card, PayPal, bank transfer and select e-wallets. Retail leverage follows the ASIC retail caps, with AFCA dispute coverage standard.

eToro spread table (eToro column: eToro’s published per-trade charge for each pair, under its ‘From 1 pip’ currency heading, AU CFD spreads page read 14 October 2026; not from our measured capture):

Interactive Brokers is the clear choice for traders who want CFDs beside a full investing stack, and it rounds out the ten for me. Index, single-stock and forex CFDs sit alongside direct access to 170 markets in 40 countries and territories, bonds and listed options, in multi-currency accounts that hold AUD without forced conversion, per IBKR's Australian site, read 1 October 2026. Pricing is commission-based rather than spread markup, and on the same 1 October 2026 read of IBKR's site, its published commissions page showed ASX stockbroking from A$6.00 per order on the Fixed plan. 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 Australian 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, which matters if you want CFD positions and your physical portfolio on the same screen.

IBKR's pricing model is volume-tiered with very low headline commissions. Interactive Brokers prices spot forex via IDEAL FX on commission from 0.20 basis points of trade value with a US$2 minimum, and we have no measured spread for it because it sat outside our spread captures. The platform stack is built around Trader Workstation (TWS), which is feature-dense and built for professionals, plus IBKR Desktop, the lighter IBKR Mobile, GlobalTrader and the Client Portal web platform for when you are away from your desk.

You can open an account with an A$0 minimum deposit and fund it fee-free via PayID, EFT bank transfer, Wise Balance transfer, BPAY or wire; there is no card option. Retail leverage follows the ASIC retail caps, and AFCA dispute coverage plus negative balance protection are standard. There is no inactivity fee, so the account costs you nothing on the months you do not trade.