Quick verdict: trading apps in Australia
Plus500 has the best trading app in Australia overall, with tap-to-trade simplicity, one-tap guaranteed stops and five-minute onboarding. CMC's Next Generation app is the most feature-complete, carrying desktop-grade charting with 115+ indicators, and Pepperstone's cTrader app is the pick for active traders. Every app belongs to an ASIC-regulated broker we tested.
The shortlist that matters in 2026:
- Plus500: best overall app, tap-to-trade simplicity.
- Pepperstone: cTrader app for active traders.
- eToro: best app for social and copy trading.
- Interactive Brokers: multi-asset depth on mobile.
- CMC Markets: most feature-complete, 115+ indicators.
- OANDA: strongest mobile charting via TradingView.
- IG Markets: 17,000+ markets on mobile.
- Capital.com: TradingView charts plus Investmate AI.
- Mitrade: mobile-first with guaranteed stops.
- ThinkMarkets: ThinkTrader with Traders' Gym backtesting.
Best overall and most feature-complete are different crowns, and the category picks below hand out both.
If you only want one recommendation: Plus500 if you’re new and want to focus on a few CFD trades a week. Pepperstone if you’re an active forex or CFD trader who wants depth-of-market and tight spreads on mobile.
Comparison table: top trading apps in Australia
| App | Broker | iOS | Android | Biometric | Charting | Demo | AFSL |
|---|---|---|---|---|---|---|---|
| Plus500 |  Plus500 | Yes | Yes | FaceID, TouchID, fingerprint | Basic + 100+ indicators | Yes (unlimited) | 417727 |
| Pepperstone (cTrader) |  Pepperstone | Yes | Yes | FaceID, TouchID, fingerprint | Full cTrader charts | Yes | 414530 |
| Pepperstone (MT5) | Pepperstone | Yes | Yes | FaceID, TouchID | Full MT5 charts | Yes | 414530 |
| CMC Next Generation |  CMC Markets | Yes | Yes | FaceID, TouchID, fingerprint | 80+ indicators, pattern recognition | Yes (unlimited) | 238054 |
| eToro |  eToro | Yes | Yes | FaceID, TouchID, fingerprint | Pro charts (TradingView powered) | Yes (USD 100k virtual) | 491139 |
| IG Trading |  IG Markets | Yes | Yes | FaceID, TouchID | Full IG web charts | Yes | 515106 |
| Capital.com |  Capital.com | Yes | Yes | FaceID, TouchID, fingerprint | TradingView charts embedded | Yes (USD 1k virtual) | 513393 |
| IC Markets cTrader |  IC Markets | Yes | Yes | FaceID, TouchID, fingerprint | Full cTrader charts | Yes | 335692 |
| Mitrade |  Mitrade | Yes | Yes | FaceID, TouchID, fingerprint | Basic + 50+ indicators | Yes | 398528 |
| IBKR Mobile / GlobalTrader |  Interactive Brokers | Yes | Yes | FaceID, TouchID, fingerprint | Full IBKR charts | Yes (paper trading) | 453554 |
| OANDA fxTrade |  OANDA | Yes | Yes | FaceID, TouchID | Full OANDA charts | Yes | 412981 |
| FP Markets (cTrader / MT5) |  FP Markets | Yes | Yes | FaceID, TouchID | Platform-native charts | Yes | 286354 |
| ThinkTrader |  ThinkMarkets | Yes | Yes | - | 120+ indicators, TrendRisk scanner | Yes (unlimited) | 424700 |
| easyMarkets |  easyMarkets | Yes | Yes | - | Native TradingView charts | Yes (unlimited) | 246566 |
Apps verified on the Australian App Store and Google Play on 25 June 2026. Biometric availability depends on device hardware.
What “best” means here
We score apps against six criteria with equal weight:
- App Store and Google Play rating (current 30-day rolling average)
- Order placement and management quality
- Charting and indicators
- Biometric login (FaceID / TouchID / fingerprint)
- Push notifications during AU trading hours
- Mobile parity with desktop (which features are missing on mobile)
Live ASIC regulation is a precondition, not a scoring criterion. All apps below are from AFSL holders and AFCA members.
Watch: Best mobile trading apps.
All apps above are from AFSL holders and AFCA members. ASIC retail leverage caps apply on mobile the same as on desktop.
Best trading apps by category
Best overall: Plus500
Plus500 has the best trading app in Australia overall, built around a tap-to-trade interface where guaranteed stop-loss orders sit one tap away, with the premium charged only if the stop is triggered. Onboarding takes about five minutes, needing just an email to start the demo, and account opening scored 14 of 15 in our testing with most Australian applications approved within 30 minutes. The app runs the full WebTrader feature set on iOS and Android across 2,800+ instruments. Plus500AU Pty Ltd has operated under AFSL 417727 since 2012.
Best Overall: Plus500
Average Spread
EUR/USD = 0.8
GBP/USD = 1.0
AUD/USD = 0.9
Trading Platforms
Plus500 WebTrader, app
Minimum Deposit
$100
Why higher here? Platform Fit here is about the mobile app. Plus500 wins on six equal-weight app criteria, with tap-to-trade simplicity, one-tap guaranteed stops and five-minute onboarding, which lifts it above its #14 sitewide position. See how we score
Pros & Cons
- ASIC AFSL 417727 since 2014; FTSE 250-listed parent (LSE:PLUS) for a strong trust profile
- WebTrader platform is the cleanest beginner CFD interface in our coverage
- Best mobile app in our 2026 Best Brokers for Beginners review
- No MT4, MT5, cTrader or TradingView, proprietary platform only
- Forex pair count narrower than Pepperstone, IC Markets, OANDA
- Inactivity fee of USD 10/month kicks in after just 3 months (most AU brokers wait 6 to 12 months)
Broker's Detail
London Stock Exchange-listed (FTSE 250) and ASIC-regulated under AFSL 417727 since 2008, 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 averages around 0.8 pips. 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 ASIC's Product Intervention Order caps. AFCA dispute coverage and negative balance protection standard.
Plus500 spread table (averaged over our most recent test cycle):
| Pair | Plus500 typical (pips) | AU industry avg (Standard) |
|---|---|---|
| EUR/USD | 0.6 to 1.0 | 1.1 |
| AUD/USD | 0.7 to 1.2 | 1.3 |
| GBP/USD | 1.0 to 1.5 | 1.4 |
| USD/JPY | 0.8 to 1.2 | 1.4 |
| EUR/GBP | 1.2 to 1.8 | 1.4 |
Best for active traders: Pepperstone cTrader app
Pepperstone's cTrader app is the pick for active traders, with biometric login on iOS and Android; the MT5 app is nearly as strong, and all five of its platforms ship mobile versions, so the phone mirrors whatever the desktop runs. Razor pricing follows the trader onto mobile at A$3.50 per side, keeping app trading costs identical to desktop. Support backs the apps 24/7, with live chat answering in under 60 seconds in Australian business hours. Pepperstone has held ASIC AFSL 414530 since 2010.
Best For Active Traders: Pepperstone
Average Spread
EUR/USD = 0.1
GBP/USD = 0.2
AUD/USD = 0.1
Trading Platforms
MT4, MT5, cTrader, TradingView, Pepperstone Trading App
Minimum Deposit
$0
Pros & Cons
- ASIC AFSL 414530 since 2010; founded in Melbourne with continuing Australian operations
- Razor RAW account with EUR/USD spreads from 0.06 pips and AUD 7 round-turn per lot
- Five trading platform options (MT4, MT5, cTrader, TradingView, Pepperstone Platform)
- Share CFD range narrower than CMC, IG, IBKR (around 1,200 vs 10,000+ at CMC)
- No native ASX share investing (CFD only)
- Standard account spreads less competitive than the Razor account; choose Razor if you trade actively
Broker's Detail
Founded in Melbourne in 2010 under ASIC AFSL 414530, Pepperstone is one of Australia's largest forex brokers and has been continuously Australian-regulated since launch. 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 0.06 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 ASIC's Product Intervention Order 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):
| Pair | Razor avg spread (pips) | + commission equivalent | Total cost |
|---|---|---|---|
| EUR/USD | 0.10 | 0.45 | 0.55 |
| AUD/USD | 0.10 | 0.45 | 0.55 |
| GBP/USD | 0.20 | 0.45 | 0.65 |
| USD/JPY | 0.10 | 0.45 | 0.55 |
| EUR/GBP | 0.30 | 0.45 | 0.75 |
Best for social and copy trading: eToro
eToro's app condenses its whole platform into one place: CopyTrader, Smart Portfolios, real shares at a flat USD 2 per trade and crypto, all behind a single login on web and mobile. Charting comes from ProCharts, powered by TradingView, with 100+ indicators and 50+ drawing tools. The USD 100,000 demo has no time limit, and onboarding rated 13 of 15 in our testing, among the smoothest of the 29 brokers we cover. The catch for Australians is the USD-only account currency, which adds conversion cost to every AUD deposit and withdrawal. eToro AUS Capital Limited has held AFSL 491139 since 2018.
Best For Social And Copy Trading: eToro
Average Spread
EUR/USD = 1.0
GBP/USD = 2.0
AUD/USD = 1.0
Trading Platforms
eToro Web, eToro App
Minimum Deposit
$50 USD
Why higher here? Platform Fit here is about the mobile app, and copy trading works fully on mobile at a scale no other app here offers. USD account denomination and conversion fees are the app-independent friction behind its #26 sitewide score. See how we score
Pros & Cons
- ASIC AFSL 491139 since 2018; Tier-1 regulation also via FCA (UK) and CySEC (Cyprus)
- CopyTrader and Smart Portfolios, the most developed social trading product in the industry
- Real share investing with zero commission across US, AU, UK and EU exchanges
- Account currency is USD, not AUD: every deposit and withdrawal converts, with conversion fees on AUD funding
- No MT4, no MT5, no cTrader, no TradingView trading
- Forex spreads (EUR/USD from 1.0 pip) wider than RAW brokers like Pepperstone or IC Markets
Broker's Detail
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 with zero commission 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.
Account currency is USD only, so AUD funding converts at deposit and withdrawal. $50 USD minimum deposit; funding via card, PayPal, bank transfer and select e-wallets. Retail leverage follows ASIC's Product Intervention Order caps. AFCA dispute coverage standard.
eToro spread table (indicative standard-account pricing, not from our measured capture):
| Pair | eToro typical spread (pips) | AU industry avg (Standard) | Lowest-cost AU RAW account |
|---|---|---|---|
| EUR/USD | 1.0 | 1.1 | 0.5 (incl. commission) |
| AUD/USD | 1.0 | 1.3 | 0.6 |
| GBP/USD | 2.0 | 1.4 | 0.7 |
| USD/JPY | 1.0 | 1.4 | 0.6 |
| EUR/GBP | 1.5 | 1.4 | 0.8 |
Best multi-asset: Interactive Brokers GlobalTrader / IBKR Mobile
Interactive Brokers ships two distinct apps: IBKR Mobile carries the professional toolkit down from Trader Workstation, while IBKR GlobalTrader, released in 2022, strips the experience back for casual investors who found the flagship intimidating. Between them sits access to 150 markets across 33 countries and true multi-currency accounts that hold AUD and USD side by side without forced conversion. This is an app pairing for investors first and CFD traders second. Interactive Brokers Australia has operated under AFSL 453554 since 2007, under a NASDAQ-listed parent regulated by eight Tier-1 authorities.
Best Multi-Asset: Interactive Brokers
Average Spread
EUR/USD = 0.2
GBP/USD = 0.4
AUD/USD = 0.3
Trading Platforms
TWS, IBKR Mobile, GlobalTrader, WebTrader
Minimum Deposit
$0
Pros & Cons
- ASIC AFSL 453554 (Interactive Brokers Australia Pty Ltd), with a NASDAQ-listed parent regulated globally by SEC, FINRA, CFTC, FCA, MAS, CIRO, JFSA and HKSFC
- Cheapest ASX share brokerage on this site, from AUD 6 minimum per trade; US shares from USD 0.005 per share with a USD 1 minimum
- True multi-currency accounts. Hold AUD, USD, EUR, GBP and 20+ others natively without forced conversion at deposit or withdrawal
- TWS desktop has a famously steep learning curve. The interface is dense and looks dated next to Pepperstone or CMC's Next Generation
- No MT4, no MT5, no cTrader, no TradingView. Not a fit for traders running existing forex EAs
- IBKR Pro commission structure rewards experienced traders
Broker's Detail
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 ASIC's Product Intervention Order caps. AFCA dispute coverage and negative balance protection standard. Inactivity fees apply on small accounts.
Best for ASX shares (alongside CFDs): CMC
CMC's Next Generation app is the most feature-complete on this list, carrying desktop-grade charting and pattern recognition onto iOS and Android, backed by 115+ built-in indicators, client sentiment data and guaranteed stop-loss orders. The instrument range behind the app runs past 12,000 CFDs, and the unlimited demo means the full app can be tested indefinitely before funding. MT4 mobile exists as a companion but with a reduced instrument set. CMC Markets Asia Pacific has held ASIC AFSL 238054 since 2002.
Best For ASX Shares: CMC Markets
Average Spread
EUR/USD = 0.7
GBP/USD = 0.9
AUD/USD = 0.6
Trading Platforms
Next Generation, MT4, CMC Stockbroking
Minimum Deposit
$0
Pros & Cons
- ASIC AFSL 238054 since 2002, plus FCA, BaFin, MAS, CIRO regulation globally, top-tier trust profile
- Next Generation platform is the strongest proprietary CFD platform in Australia
- 12,000+ CFD instruments plus integrated CMC Stockbroking for ASX equities
- Standard account spreads on EUR/USD and AUD/USD wider than top-tier RAW brokers
- Share CFD overnight financing rates above average for the AU market
- Customer support hours 24/5 only (closed weekends)
Broker's Detail
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 ASIC's Product Intervention Order 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):
| Pair | CMC Standard (typical pips) | AU industry avg (Standard) |
|---|---|---|
| EUR/USD | 0.5 | 1.1 |
| AUD/USD | 0.6 | 1.3 |
| GBP/USD | 0.9 | 1.4 |
| USD/JPY | 0.7 | 1.4 |
| EUR/GBP | 0.7 | 1.4 |
| EUR/JPY | 1.2 | 1.9 |
| AUD/JPY | 1.2 | 2.1 |
Best proprietary platform app: CMC Next Generation
The Next Generation app is the closest thing to a desktop-grade trading platform on a phone. 80+ technical indicators, pattern recognition, custom layouts that sync to desktop, client sentiment overlay, and a working economic calendar. Most proprietary mobile apps strip out features. CMC keeps almost all of them.
See CMC Markets review.
Best for charting on mobile: TradingView native via Pepperstone or OANDA
OANDA Trade's mobile build carries the platform's distinguishing feature, guaranteed stop-loss orders, which its MT4, MT5 and TradingView routes do not offer. The app connects to around 130 instruments, with the MarketPulse research hub and an economic calendar built in, and the unlimited demo holds USD 100,000 in virtual funds. For chart-led traders, native TradingView integration adds a second, trade-from-the-chart path alongside the app. OANDA Australia has held ASIC AFSL 412981 since around 2010, with dual regulatory pedigree across ASIC and a set of Tier-1 overseas authorities.
Best For Charting: TradingView via OANDA
Average Spread
EUR/USD = 1.4
GBP/USD = 1.6
AUD/USD = 1.1
Trading Platforms
MT4, MT5, TradingView, OANDA Trade
Minimum Deposit
$0
Pros & Cons
- ASIC AFSL 412981 plus CFTC/NFA, FCA, MAS, CIRO and JFSA, one of the most comprehensively regulated brokers in the world
- Native TradingView trading integration through a Pepperstone-tier setup
- OANDA Trade proprietary platform is clean, fast and well-built for currency-focused traders
- Raw account's 0.44 measured eight-pair average trails the tightest RAW brokers
- Product range narrower than CMC, IG or IBKR; under 150 instruments total
- Premium pricing tiers require an AUD 10,000 balance to unlock the tightest spreads
Broker's Detail
Founded in Toronto in 1996, OANDA is one of the most comprehensively regulated brokers in the world, holding licences with ASIC (AFSL 412981), the CFTC/NFA (US), FCA (UK), MAS (Singapore), CIRO (Canada) and JFSA (Japan).
OANDA prices two ways in Australia: spread-only, or raw spreads plus a commission. Four accounts sit across those models. Standard is spread-only with EUR/USD around 1.4 pips and no minimum. Raw pairs spreads from 0.0 pips with AUD 3.50 per side (AUD 7.00 round-turn). Premium Spreads (from 0.2 pips, no commission) and Premium Commission (from 0.0 pips plus AUD 2.75 per side) both need an AUD 10,000 balance or high notional volume. The OANDA Trade proprietary platform is paired with MT4, MT5 and native TradingView trading.
$0 minimum deposit with fee-free AU funding via PayID, BPAY, card and PayPal. AUD-denominated accounts available. Retail leverage follows ASIC's Product Intervention Order caps. Negative balance protection and AFCA dispute coverage standard.
OANDA spread table (averaged over our most recent test cycle):
| Pair | OANDA Standard (avg pips) | AU industry avg (Standard) |
|---|---|---|
| EUR/USD | 0.99 | 1.1 |
| AUD/USD | 1.1 | 1.3 |
| GBP/USD | 1.6 | 1.4 |
| USD/JPY | 1.3 | 1.4 |
| EUR/GBP | 1.5 | 1.4 |
| EUR/JPY | 1.7 | 1.9 |
AU mobile considerations
Mobile is now the default here: around two-thirds of session time on the brokers we work with happens on iPhone or Android rather than desktop, and the feature gap between the two has closed considerably since 2020. A few things matter more for AU retail clients than the global app rankings suggest.
AU App Store availability. All apps in our table are listed on the Australian iOS App Store and Google Play Australia. A few global brokers list apps that work in Australia but aren’t in the AU store directly. We exclude those because the verification flow gets messy.
Push notifications during AU trading hours. Forex runs 24/5 in Australia from Monday morning to Saturday morning AEDT. Most major equity and index instruments respect AU trading session hours. Push notifications for AU clients should fire on the AU clock, not GMT or UTC. Plus500, CMC, IG, Pepperstone, eToro and IBKR all handle AU time zones correctly. A handful of smaller brokers default to UTC, which means notifications can land at 3am AEDT. Test before relying on alerts.
Biometric login. FaceID, TouchID and Android fingerprint are now standard across all major AU broker apps. Always enable in the app settings. The trade-off (very minor security risk vs convenience) tilts heavily toward enabling.
AUD account funding from mobile. PayID instant deposits work on most AU broker apps. Apple Pay and Google Pay are increasingly supported (Plus500, CMC, eToro). Card-funded deposits typically settle within a few minutes. Bank transfer can take 1 to 2 business days.
Data usage. Mobile trading apps stream live prices. On 4G or 5G, expect 50 to 200 MB per active trading session. Wi-Fi recommended at home. If you trade exclusively on mobile data, double-check your plan’s data allowance.
Push permissions. iOS asks for push permission on first launch. Grant it for trade fills, margin alerts and stop-loss execution notifications. You won’t get re-prompted if you decline; you’d have to enable manually in iOS Settings.
Mobile vs desktop: what’s missing
Most AU broker apps are now within 90% feature parity with desktop. The gaps that remain:
- Custom indicator development. MT4/MT5 EAs and custom indicators are written and compiled on desktop. Mobile runs the compiled code; you can’t edit it on phone.
- Multi-monitor charting. Phone screens limit you to one or two charts at a time. Active traders who need 4+ charts side-by-side default to desktop.
- Advanced order types on some proprietary apps. OCO and bracket orders are sometimes desktop-only on smaller proprietary platforms. cTrader, MT5 and the major proprietary apps (CMC, IG) cover them on mobile.
- Account opening on a few brokers. Most brokers handle opening on web with mobile completion. A small number still require desktop for the AUSTRAC verification step.
- Tax reporting and account history exports. PDF and CSV exports for ATO tax reporting are usually desktop-only or email-on-request.
For most AU retail traders, mobile-first works. Keep desktop for setup, EA configuration, and tax-time reports.
ASIC, AFSL and mobile trading
The same regulatory framework applies on mobile as on desktop. The app is software. The broker is the AFSL holder. A few specifics worth knowing for mobile traders:
- Retail leverage caps. ASIC’s Product Intervention Order applies whether you trade on phone or desktop, starting at 30:1 on major forex pairs. See the full tier ladder in our ASIC regulation guide.
- Negative balance protection. Mandatory for retail clients, on phone the same as on desktop. Your account cannot go below zero.
- Margin close-out. Triggers at 50% of initial margin. The app will display margin level live. Set push alerts at 80% to give yourself time to react.
- AFCA membership. Every broker on this page is an AFCA member. Disputes about a mobile-placed trade are handled the same way as desktop disputes. You raise the complaint with the broker first; AFCA is the escalation path.
- AUSTRAC ID verification. Required at account opening. The mobile flow is the same as desktop: photo of driver’s licence or passport, selfie, address proof.
- Tax. ATO treats CFD profits as assessable income (per TR 2005/15) regardless of platform. We are not licensed to provide tax advice. Speak to a registered tax agent about your circumstances.
For the wider regulatory context see our forex broker reviews hub and the best Australian forex brokers guide.
Choosing the right app for you
Three honest filters cut the choice quickly.
How active are you? Casual traders (a few CFDs a week) should look at Plus500, eToro, Capital.com or Mitrade for the simplest workflow. Active traders (10+ trades a week) should look at Pepperstone cTrader, IC Markets cTrader or CMC Next Generation. Multi-asset traders (forex plus ASX plus options) should look at Interactive Brokers.
What instruments do you need? Forex only: most apps cover it. ASX shares plus CFDs: CMC. US options or futures plus forex: IBKR. Crypto CFDs: Eightcap and Capital.com have the broadest range under ASIC’s 2:1 retail crypto cap.
What’s your phone? Most apps work on iOS 16+ and Android 10+. Older devices may struggle with TradingView or IBKR Mobile, both of which are graphically intensive. CMC, Plus500 and eToro all work on older hardware.
If you’re not sure: install the demo apps for two or three options, place 10 trades on each, then commit. Most demo accounts run unlimited or for at least 30 days.
Compare brokers by the factor that decides it
Each shortlist below re-ranks the market for one decision factor, tested the same way as this page.
Start with the overall ranking
Our tested, ASIC-only ranking of the best forex brokers in Australia is the baseline every shortlist below re-ranks.
Cost decides it
Once the platform is set, account pricing decides the broker. These shortlists rank by total cost.
You're starting out
Simpler platforms, stronger education, and demo accounts with no time pressure.
What you trade decides it
CFD shortlists re-ranked for the asset class you trade most.
ASIC Broker App Ratings: Apple App Store Australia
27 of the 29 ASIC-regulated brokers we review offer a proprietary iOS trading app; IG Markets has the most-rated app in Australia, with 13,669 App Store ratings averaging 4.57 stars (App Store AU, July 2026).
| Broker | App | AU ratings | Avg rating |
|---|---|---|---|
 IG Markets | IG Trading: CFDs & Shares | 13,669 | 4.57 |
 Plus500 | Plus500: AU & Global Trading | 6,571 | 4.15 |
 eToro | eToro: Trade & Invest | 4,666 | 4.13 |
 Interactive Brokers 1,263 ratings total | IBKR Mobile - Invest Worldwide | 1,230 | 4.34 |
| IBKR GlobalTrader | 33 | 4.00 | |
 OANDA | OANDA - Forex and CFD trading | 1,085 | 4.65 |
 Mitrade | Mitrade: Invest Global Markets | 1,017 | 4.43 |
 Capital.com | Capital·com: Aussie Trading | 766 | 4.71 |
 Pepperstone 441 ratings total | Pepperstone: Trading App | 67 | 3.87 |
| Pepperstone cTrader | 374 | 4.38 | |
 easyMarkets | easyMarkets Online Trading | 406 | 4.65 |
 ThinkMarkets | ThinkTrader | 347 | 4.53 |
 Vantage | Vantage:All-In-One Trading App | 330 | 4.67 |
 CMC Markets | CMC: CFD Trading | 148 | 3.33 |
Show all 29 brokers
| Broker | App | AU ratings | Avg rating |
|---|---|---|---|
 Totality | Totality: Stocks | ETFs | SMSF | 110 | 1.49 |
 FXCM | FXCM - Trade Forex, Stocks CFD | 60 | 2.72 |
 IC Markets | IC Markets cTrader | 45 | 4.82 |
 FOREX.com | FOREX.com: Trade CFD Markets | 37 | 4.38 |
 AvaTrade | AvaTrade: Trade & Invest | 31 | 3.39 |
 Trading.com | Trading.com: Your Markets App | 30 | 4.73 |
 TMGM | TMGM: Global Markets Trading | 24 | 4.96 |
 Fusion Markets | Fusion Markets cTrader | 16 | 4.69 |
 Trade Nation | Trade Nation | 11 | 3.91 |
 ACY Securities | ACY Securities APP | 8 | 4.50 |
 FP Markets 8 ratings total | FP Markets Forex & CFD Trading | 5 | 2.60 |
| FP Markets cTrader | 3 | 5.00 | |
 GO Markets 8 ratings total | GO Markets:Forex & CFD Trading | 2 | 3.00 |
| GO Markets cTrader | 6 | 5.00 | |
 Axi 6 ratings total | Axi Trading Platform | 2 | 5.00 |
| Axi Copy Trading | 4 | 5.00 | |
 MultiBank Group | MultiBank-Plus: Invest & Trade | 4 | 5.00 |
 Blueberry Markets | Blueberry Markets | 2 | 5.00 |
 Eightcap | n/a | No proprietary app | Clients use MT4/MT5/TradingView |
 Global Prime | n/a | No proprietary app | Clients use MT4/MT5/cTrader |
Ratings counts and averages from the Apple App Store Australian storefront via the iTunes Search API, July 2026. Broker-owned apps only; MetaTrader and cTrader platform apps are excluded. Android and Google Play are not included. Updated quarterly.
FAQs
What's the best trading app in Australia?
Are trading apps safe in Australia?
Can I trade ASX shares on a mobile app?
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Can I run an EA or copy trade from a mobile app?
Related pages
About the author
Justin co-founded CompareForexBrokers in 2014 and has traded forex since 1998. Based in Melbourne, he has tested every ASIC-regulated broker on this site personally and has written for Forbes, Kiplinger, Finance Magnates, the Australian Financial Review and The Age. He holds a Bachelor of Commerce (Honours) and a Master of Marketing from Monash University. Justin is the Strategic Head of Research for the site.