Best Trading Apps in Australia (2026)

Plus500's app is consistently the highest-rated CFD app on the AU App Store. The interface is deliberately simple: tap an instrument, see the price, place a trade. Charting is functional rather than spectacular, but the basics are covered: candlesticks, line, bars, plus around 100 indicators and a clean drawing toolset.

Where Plus500 wins is workflow. Account opening on mobile takes around 5 minutes (we've timed it). Deposits via Apple Pay or PayID land in seconds. The free guaranteed stop-loss feature is one tap on the order screen. Push notifications during AU market hours are reliable.

Plus500 (AFSL 417727) is ASIC-regulated and an AFCA member. The pricing model is a markup on the underlying spread rather than RAW + commission, so active scalpers pay more than they would on Pepperstone or IC Markets. For a casual trader placing a few CFDs a week, the cost is reasonable and the ease of use is unmatched on mobile.

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 capped at ASIC's 30:1 on majors. AFCA dispute coverage and negative balance protection standard.

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

Pepperstone (AFSL 414530) offers MT4, MT5, cTrader and TradingView. For mobile, the cTrader app is our top pick for active forex and CFD traders. Depth-of-market is included on mobile, which is rare. Order types cover OCO, trailing stops and bracket orders. EUR/USD averages 0.06 pips plus AUD 7 round-turn commission on the Razor account.

Execution speed on mobile cTrader is in the same range as desktop in our testing. For day traders who place 10+ trades a session, the difference between Pepperstone cTrader on mobile and a typical proprietary mobile platform is meaningful.

See [Pepperstone review](/reviews/pepperstone/) and the [cTrader brokers page](/platforms/ctrader/).

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 capped at ASIC's 30:1 on major pairs, 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):

eToro (AFSL 491139) is built around social and copy trading. The app shows you what other traders are doing, lets you copy them with one tap, and integrates real shares, ETFs and CFDs. The charting is solid (TradingView under the hood) but the real strength is the discoverability for new traders. You can browse top traders, see their historical performance, and start with USD 200 minimum to copy.

eToro pricing is wider than RAW broker spreads (around 1 pip on EUR/USD) but the account is simpler to manage for someone new to trading. ASIC oversight applies. ASIC retail leverage caps apply.

See [eToro review](/reviews/etoro/) and the [copy trading platforms page](/platforms/copy/).

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 — AUD funding converts at deposit and withdrawal. $50 USD minimum deposit; funding via card, PayPal, bank transfer and select e-wallets. Retail leverage capped at ASIC's 30:1 on majors. AFCA dispute coverage standard.

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

Interactive Brokers (AFSL 245574) covers 150+ markets across forex, ASX shares, US shares, options, futures, fixed-income and mutual funds. The IBKR Mobile app exposes most of that on phone. GlobalTrader is the simplified app aimed at retail clients who want a cleaner interface than full IBKR Mobile.

The trade-off is a steeper learning curve than Plus500 or eToro. IBKR is built for active multi-asset traders and the UI assumes you know what a contract specification is. For a trader who wants forex plus ASX direct shares plus US options in one app, there's no real alternative.

See [IBKR review](/reviews/ibkr/).

Founded in 1978 and NASDAQ-listed (IBKR), Interactive Brokers operates the AU entity under AFSL 245574. 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) — 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 capped at ASIC's 30:1 on majors. AFCA dispute coverage and negative balance protection standard. Inactivity fees apply on small accounts.

CMC Markets (AFSL 238054) is ASX-listed and operates a stockbroking arm alongside the CFD business. The CMC app supports both: real ASX shares (CHESS-sponsored, you own the shares) and CFDs across forex, indices, commodities and global equities, all under one login. For traders who want one app for ASX investing and active CFD trading, CMC is the strongest AU option.

See [CMC Markets review](/reviews/cmc-markets/).

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 capped at ASIC's 30:1 on majors. Negative balance protection and AFCA dispute coverage standard. Customer support runs 24/5 by live chat, email and phone.

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

If charting matters more than anything else, TradingView's mobile app with native broker integration via Pepperstone or OANDA gives you the strongest mobile chart on the market. Pine Script, multi-timeframe analysis, custom indicators, all on phone. Order placement from the chart works the same way it does on desktop.

See [TradingView brokers page](/platforms/tradingview/).

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).

Three account tiers are available. The Standard account is commission-free with EUR/USD spreads from about 1.0 pip; Core pricing pairs tighter spreads with a small commission; Elite pricing unlocks the lowest spreads. 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 capped at ASIC's 30:1 on majors. Negative balance protection and AFCA dispute coverage standard.

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