Trading.com Review Australia 2026

trading.com quick facts

Trading costs and fees

Trading Account spreads

Trading.com runs a single spread-only Trading Account with zero commission. The broker advertises EUR/USD spreads from around 0.8 pips, widening modestly into the Asian session. Because Trading.com is not part of our June 2026 eight-pair raw-spread capture, we have not independently benchmarked that figure, so treat 0.8 pips as an advertised from-rate rather than a measured average. Advertised pricing here sits wider than the Razor account at Pepperstone, the Raw account at IC Markets and CMC’s FX Active once commissions are factored in, though it stays competitive against the spread-only accounts at AvaTrade and Forex.com. Neither a raw nor a commission-based account tier is offered.

For a side-by-side breakdown of spread-only versus RAW plus commission pricing, see our lowest spreads guide.

Other fees AU traders should check

• Overnight swap (financing) applies to positions held past 5 PM New York. Direction-dependent.
• Currency conversion fee applies if you trade an instrument in a currency other than your account base.
• Withdrawal fees: $0 on most methods.

Trading platforms

Trading.com’s platform offering is straightforward. Australian clients get MetaTrader 5 alongside the broker’s own Trading.com WebTrader; the Trading.com app and MT5 mobile cover phones and tablets. No cTrader at the time of writing. MT4 is not offered.

Trading.com WebTrader

WebTrader is Trading.com’s proprietary browser-based platform with TradingView charts embedded. It runs without a download (useful for office machines) and covers the core order types and watchlist tools most retail traders need.

MetaTrader 5

MT5 adds native support for indices, share CFDs and futures alongside forex, with a deeper built-in economic calendar and an upgraded strategy tester. Our MT5 platform guide walks through the platform in depth.

Mobile apps

The Trading.com app and MT5 mobile are both available on iOS and Android. Biometric login on the mobile apps.

Trust and safety

Trust score: 7.5/10.

Trading.com clears the bar for an ASIC-regulated retail broker. It doesn’t have the operating history of the tier-1 names on this site, and there’s no listed parent or long public record behind it.

ASIC regulation and global licences

Trading.com Markets Pty Ltd holds AFSL 443670 with the Australian Securities and Investments Commission. We’ve checked ASIC Connect’s enforcement actions register and found no material conditions or sanctions imposed in the last 36 months. Beyond Australia, Trading Point Group entities hold FCA authorisation in the UK (FRN 705428), a CySEC licence in the EU (CIF 256/14) and CFTC/NFA registration in the US (NFA 0516820).

The broker is legally required under its AFSL to:

• Hold client funds in segregated accounts at an Approved Australian Bank
• Provide negative balance protection to retail clients
• Apply margin close-out at 50% of the initial margin
• Apply ASIC’s retail leverage caps and 50% margin close-out
• Maintain AFCA membership for retail dispute resolution

Client money and negative balance protection

Trading.com holds retail client money in segregated accounts at an Approved Australian Bank, separate from the company’s own funds. ASIC requires negative balance protection on retail CFD accounts, so a retail account cannot lose more than the money in it. If a dispute with the broker goes wrong, AFCA can hear claims up to $1,263,000 and award compensation up to $631,500. The Compensation Scheme of Last Resort sits behind that with a $150,000 cap, but it excludes CFD trading losses, so it protects you against unpaid awards for misconduct, not against losing trades.

For where trading.com sits against the field on protection, see the brokers we rate safest and our explainer on negative balance limits for retail traders.

History and ownership

Trading.com is a consumer brand operated by entities within the Trading Point Group, which also operates XM. To clear up the other common confusion: it is not part of StoneX/Gain Capital (which operates Forex.com), despite the similar naming. In Australia the brand operates through Trading.com Markets Pty Ltd under AFSL 443670.

The brand is newer and smaller than CMC, IG, Pepperstone or IC Markets. That’s not a black mark, but it does mean less public track record to lean on.

Public reviews

Trustpilot coverage of Trading.com is lighter than the top-tier names on this site. AU-specific public commentary is limited, which cuts both ways.

What other review sites say

Trading.com's iOS app rates 4.73 out of 5 from 30 ratings on the Australian App Store (July 2026), listed as Trading.com: Your Markets App.

App Store AU

4.73

30 ratingsJuly 2026

Account types and minimum deposit

Account options for AU clients

Trading.com runs a single retail account, spread only from 0.8 pips on EUR/USD advertised, with zero commission and no RAW or commission tier for active traders. That single account model is the structural fact to work from: there is no cheaper tier to graduate to as your volume grows. Base currencies are AUD and USD.

The demo covers both MT5 and WebTrader, so you can test the platform pair before funding anything.

There is no professional or wholesale tier here either, confirmed with the desk in July 2026. Trading.com Markets Pty Ltd holds the account throughout, so there is no offshore route to higher leverage, and equally no way past the retail caps if that is what you came for.

Trading.com runs no swap-free (Islamic) account, confirmed with the desk in July 2026.

Minimum deposit

The minimum deposit is AUD 50, among the lowest on our ASIC-regulated shortlist and a practical amount for live platform testing before you scale in.

Funding and withdrawals

Deposit methods (AU clients)

PayID and BPAY are the AU-native rails most local traders prefer. Card deposits clear instantly and are the fastest funding path.

Withdrawals

Withdrawals must use the same source as deposits where possible (anti-money-laundering compliance under AUSTRAC). Card refund typically 1 to 3 business days. Bank transfer 1 to 2 business days.

Account opening

Account opening is fully online and AUSTRAC-compliant. You’ll need one form of photo ID and a second proof of address. Most AU applications are approved within 24 hours.

Product range

The narrow range is the con the cons name, and the markets table is where you see it. Trading.com covers the core CFD asset classes and stops there: it is narrower than the multi-asset CFD specialists (CMC’s 12,000+ instruments, IG’s 18,000+) and comparable to mid-tier brokers like AvaTrade and Forex.com. Against our CFD market comparison, this is a four-class book with one class missing outright.

The index book covers the ASX 200 alongside the S&P 500, NASDAQ, FTSE, DAX and Nikkei, and the commodity book is built around gold as XAU/USD, silver and the two crude contracts. Cryptocurrency CFDs are not available to Australian clients at all, so digital assets rule this broker out rather than count against it on price. If your strategy needs a wide treasuries and bonds book, CMC and IG have far more depth.

Share CFDs

Share CFD coverage is selective rather than deep, and the cons name the narrow range against the multi-asset specialists. No ASX ownership route exists here: every equity position is a CFD, traded through MT5. If holding real ASX shares matters to you, this is the wrong broker and CMC is the obvious swap. For how the class works and who leads it, see share CFD basics and brokers.

Leverage for AU traders

Trading.com holds the ASIC caps on its single retail account, and the crypto cap is moot for AU clients since crypto CFDs are not offered here at all, per the current product list.

ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order that ASIC has extended to 23 May 2027, so they apply at every ASIC broker, not just trading.com. Retail margin close out sits at 50% of the initial margin.

Before you size a position against those caps, read understanding margin leverage. If leverage above the retail ceiling is what you are after, our comparison of high-leverage brokers for professionals covers the brokers that publish a wholesale route.

Customer service

24/7 live chat, phone and email support for Australian clients, including weekend cover.

Research and education

Trading.com’s research and education stack is functional rather than exceptional. Expect:

• An integrated economic calendar inside MT5
• Daily or weekly market commentary
• Standard MetaTrader tutorial library
• A glossary of trading terms

For a deeper look at how ASIC’s leverage caps affect your real position sizing, see our leverage education page.

How Trading.com compares to alternatives

Trading.com sits in the same competitive bracket as Forex.com (StoneX) and AvaTrade. All three are mid-tier, multi-platform, ASIC-regulated CFD brokers. For where it ranks against the wider field, see our guide to the best forex brokers in Australia.

Should you open an account with trading.com?

Open a trading.com account if you want a simple spread only broker on MT5 with a clean WebTrader and the backing of its parent group. Skip it if cost or range decide anything: from 0.8 pips with no RAW tier trails the raw cohort badly, crypto CFDs are not available to AU clients at all, and the share CFD list is thin. Fusion Markets is the pricing upgrade and CMC Markets the range one. A demo covers both platforms.

Visit Trading.com → (affiliate link, see our advertiser disclosure)