Trading.com Review Australia 2026

Is Trading.com safe? ASIC AFSL 443670

Yes, Trading.com Markets Pty Ltd holds ASIC AFSL 443670, current since 23 December 2013.

Trading.com ASIC licence

The Australian entity holds AFSL 443670 with the Australian Securities and Investments Commission.

The licence obliges the broker 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 the ASIC retail leverage caps, and maintain AFCA membership for retail dispute resolution, and those protections apply to your account automatically.

Before depositing, confirm Trading.com holds AFSL 443670 using the site's guide to checking a broker on ASIC's register.

Trading.com ownership sits with Trading Point Group, not StoneX

Trading.com’s Product Disclosure Statement, issued 11 January 2025, names its dealing counterparty as a Trading Point Group entity related to Trading.com, and the brand is not Forex.com, whose Australian entity is StoneX Financial Pty Ltd under AFSL 345646.

AFSL 443670 is held by Trading.com Markets Pty Ltd, current since 23 December 2013, and the ASIC register, checked 16 July 2026, shows the licence commenced under Trading Point of Financial Instruments Pty Ltd and took the Trading.com Markets name on 25 November 2024. Your Australian account would sit with Trading.com Markets Pty Ltd and inside the ASIC rulebook.

In 2024, according to Trading.com’s regulation page, the brand entered the Australian market, and AFCA’s Datacube, read 27 September 2026, lists the member’s business size as Very small. In my view that leaves you with a short local track record to judge, so I would treat the Australian operation as still proving itself and keep that in mind alongside the licence history when you decide.

Is Trading.com legal in Australia?

Yes, Trading.com is legal in Australia, serving local residents through Trading.com Markets Pty Ltd, licensed by ASIC under AFSL 443670.

Trading.com client money protection and AFCA membership

Your money sits in segregated client accounts, and Trading.com’s AFCA membership, number 33339, gives you a scheme that hears claims up to A$1,263,000 under limits effective from 1 January 2024.

Trading.com keeps client money in accounts separate from company funds, and its PDS states a no negative balance policy, so a retail account cannot lose more than the money paid in. AFCA awards compensation up to A$631,500 for most claims, under limits effective from 1 January 2024. The Compensation Scheme of Last Resort pays at most A$150,000 and covers personal advice, securities dealing and credit only, and I would not treat it as any help for your forex or CFD trading.

The PDS issued 11 January 2025 prints Trading.com’s AFCA membership number, 33339. I find that having the number to hand makes lodging a complaint simpler for you.

Protections under this retail licence are otherwise identical to those at every other holder in this coverage, because the regime sets them rather than the broker. The field comparison sits in the brokers rated safest, and the mechanism in the guide to negative balance limits for retail traders, but a trader would not pick this broker for safety alone; in my view there are stronger options.

Trading.com’s AFCA member is Trading.com Markets Pty Ltd, and AFCA’s Datacube, which our team read on 27 September 2026, records 4 complaints received in 2025-26, with the member not listed for 2024-25 because it fell under AFCA’s threshold of four or more complaints in the period.

• AFCA business size: Very small
• Not adjusted for client numbers
• AFCA listing threshold: Financial firms that received four or more complaints during the selected period appear in the AFCA Datacube. "Not listed" means the firm is below it.
• Middle of the field: 23 AFCA firms listed for 01/07/2025 - 30/06/2026 among the brokers this site covers, each firm counted once
• Source: AFCA Datacube, complaints by firm, read 27 September 2026

Trading.com Trustpilot rating

Trading.com holds a Trustpilot rating of 4.0 out of 5 from 116 reviews, which Trustpilot labels great, captured November 2026. The profile has been claimed by the broker since September 2022.

How popular is trading.com in Australia?

trading.com is searched too rarely in Australia for month-on-month change to be meaningful: 90 branded searches in September 2026, 31st of 33. Search interest measures attention, not quality; the score above is the review verdict.

31of 33Search interest rank

90

Brand searches, September 2026

n/a below 1,000

vs August 2026

20

Login searches

0.1%

Share of all broker searches

Source: Google search volume, Australia, September 2026. How this is measured

The rating comparison above renders only the figures held against a capture.

What traders say about trading.com

Public ratings of trading.com from the rating sites that list it, showing the number of reviews or ratings behind each score and the month it was captured.

Rating site	Rating	Based on	Who rated	Captured
Trustpilot	4.0 out of 5	116 reviews	Worldwide	November 2026

Each row above is a public rating of trading.com taken from a rating site, dated to the month its figure was captured. A Trustpilot figure counts reviews and a TradingView figure counts ratings from anywhere in the world. The app store ratings for trading.com sit in the apps section of this review, with the store screenshots. A site with no row has no rating for trading.com, withholds it, cannot be matched to trading.com with confidence, or we have not captured it yet.

Trading.com key facts

Trading.com lists among its key facts ASIC AFSL 443670, current since 23 December 2013, and a single account that opens from an A$50 minimum deposit.

The licence holder is Trading.com Markets Pty Ltd. Its 17 key facts in the table below cover the entity, the platform pair and the fee schedule; I would start with those for the short version.

Trading.com Trading Account spreads and fees

The Trading.com Trading Account is commission-free and spread-only, and our October 2026 capture, across the full trading month, measured its EUR/USD spread at 1.12 pips.

The Trading Account measured 1.12 pips on EUR/USD against AvaTrade’s 0.86 and Forex.com’s 0.88, and 1.77 pips across eight pairs, last of the eight standard accounts in our October 2026 capture. Neither a raw nor a commission-based tier is offered at any volume, so your cost stays the same no matter how much is traded, and I would call that a simplicity benefit, though it caps the ceiling.

From 8am, the rollover hour that follows the New York 5pm close, this Standard account on EUR/USD averaged 5.70 pips in our October 2026 capture. Its lowest hourly average was 1.05 pips, which we recorded in 4 of the 22 hours outside the rollover hour and the hour after it, and its whole-month average was 1.12 pips. You can set the Standard account against the other 19 published accounts when you compare Trading.com’s spreads by hour.

Trading.com non-trading fees

• Overnight financing applies to positions held past 5 PM New York time, direction-dependent.
• Currency conversion applies to any instrument denominated outside the account base currency.
• Withdrawals carry a 20 USD/AUD minimum per Trading.com’s AU help centre read 21 September 2026, and we give no withdrawal fee here because our team has not yet made a withdrawal.
• After 12 months with no trading, deposits, withdrawals or open orders, the account turns dormant and Trading.com charges A$20 a month, US$10 on a USD-based account, or the free balance if lower. A zero balance attracts no charge, per the Client Agreement dated 6 October 2026.

What trading.com costs per trade

MEASURED

Standard lots per month

15102550

Monthly spread cost converts pips to dollars using the EUR/USD pip value as the proxy for the 8-pair average, footnoted on-page. AUD pip value A$14.57 per standard lot at AUD/USD 0.6865 (11 Nov 2026).

Standardspread only · 8-pair average · October 2026

A$257.89

At 10 standard lots per month on Standard accounts, trading.com costs approximately A$257.89 in spread costs. Rates as of Wed 11 Nov 2026, 5pm New York close.

What it costs to trade with Trading.com

Trading one standard lot of EUR/USD on the Trading.com Trading Account costs the spread with no commission added, measured at 1.12 pips in our October 2026 capture, and for me that single number is easier to track.

The single-tier model is the structural fact to work from: a trader whose volume grows has no cheaper account to graduate to here, where every raw-account broker in this coverage offers exactly that path, so if your lot sizes increase, the ceiling will be felt, and I would keep it in view. The comparison across pricing shapes sits in the lowest spreads guide.

The simplicity is a genuine benefit for a beginner: one number covers the whole cost of a trade, with no commission line, no per-lot arithmetic and no tier thresholds to track, which is worth something to a trader placing a few positions a month, and it removes mental overhead that a beginner shouldn’t underestimate.

How Trading.com compares to Forex.com and AvaTrade

Trading.com’s standard account averaged 1.12 pips on EUR/USD against 0.88 at Forex.com and 0.86 at AvaTrade in our October 2026 capture.

Across eight pairs in the same capture the figures were 1.77 at Trading.com, 1.64 at Forex.com and 1.44 at AvaTrade. All three are spread-only standard accounts measured in the same window.

Trading.com’s case rests on one spread-only Trading Account from an A$50 minimum deposit. To me, 1.12 pips against 0.88 and 0.86 means you are paying a real premium for that simplicity, and I would not accept it unless the single-account setup genuinely suits you.

Trading.com account types and minimum deposit

Trading.com offers a single account type, the spread-only Trading Account, at zero commission on an A$50 minimum deposit.

A practice account with A$10,000 in virtual funds opened as soon as Noam confirmed his email address. The portal’s account card read CFD Account and noted that multiple accounts are supported, but each one is the same spread-only account rather than a cheaper tier.

Trading.com offers no professional account, and its PDS names retail clients as its target market. The ASIC retail caps therefore apply to every account, so leverage above 30:1 on major forex pairs is not available here, and I would leave Trading.com off your shortlist if higher leverage is what you need.

Trading.com minimum deposit

The A$50 minimum appears on Trading.com’s AU account page, read 1 October 2026, and applies to every funding method per its AU help centre read 21 September 2026. The card form refused A$20 when Noam tried it on 9 September 2026, with a message that the deposit must be more than A$50.00 per transaction. My advice is to use the A$10,000 practice account, which opens on email confirmation, to try the WebTrader before you fund.

Trading.com funding methods and withdrawal times

Trading.com requires an A$50 minimum across its funding methods and caps them at A$10,000 on all but bank wire, which is quoted at one to five business days.

Three tiles were on the deposit menu Noam captured on 9 September 2026: card and Google Pay, each labelled no fees with an A$10,000 cap per transaction, and a scheduled wire transfer with no maximum. Those limits come from Trading.com’s help centre, so the cap on the tiles is the broker’s general one. You pay no deposit fee on either card-style rail, which keeps funding cheap.

Trading.com deposit methods

Apple Pay is available to Australian clients but appears only inside Trading.com’s iPhone app, per its written reply of 6 October 2026. The web portal menu Noam captured on 9 September 2026 showed card, Google Pay and bank wire tiles, and no Apple Pay, which fits that app-only placement. No local bank rail without a card network appears, so if you want one, look elsewhere. The card and Google Pay rails carry the same no-fee label and the same cap. For a first deposit I would use the card rail, because it credited in the same session in our test.

Noam Korbl ran our funding test on 9 September 2026 from the deposit menu captured that day, which showed three tiles: Credit or Debit card, a scheduled wire transfer, and Google Pay, the two rails labelled “Instant Deposits. No Fees. A$ 10,000 max per transaction.” He typed A$20 on the card rail and the form refused it, verbatim: “The deposit amount must be more than A$50.00 per transaction for Credit or Debit card.” His A$200 card deposit went through the Nuvei-secured form, and the balance and equity both read A$200.00 in the same session, with the confirmation toast and received-request modal shown. I like that the platform enforces its own minimum in the form rather than leaving you to guess it.

Trading.com withdrawal times and fees

Trading.com sets a 20 USD/AUD minimum withdrawal and caps a request at the available balance, per its AU help centre read 21 September 2026. Its PDS says withdrawals go back to the same source of payment where that source is still available, with card withdrawals processed first, up to the amount paid in by card. Our team has not yet made a withdrawal, so we give no fee or processing time here.

Trading.com account opening time and checks

Trading.com opens accounts under Trading.com Markets Pty Ltd, the ASIC licensee holding AFSL 443670, and the application runs as a set of modals over a practice account that opens as soon as your email is confirmed. Identity and residence are checked on a photo document with a selfie and a utility bill, handed to your phone by QR code. Noam Korbl’s application frames date from 1 September 2026 and his verified, funded frames from 9 September. No frame stamps the approval, so no time is stated.

Registration opens with Australia preselected, then your name, email and password, a marketing box and a declaration accepting the Legal Documents and the recording of communications. Your confirmed email opens a Practice Account in CFDs and AUD with A$10,000.00 and a three-step checklist: set up your account, verify your account, add funds. You then enter identity details, nationality and place of birth, the US tax question, employment and nature of business, where your funds are located, your planned yearly deposit and the hardship question. A phone check follows, by automated call or text with a robot check and a six-digit code. A single CFD Account card appears, noting the questionnaire, then the purpose question and knowledge questions such as the stop-loss and short-CFD ones. You choose your currency, up to two, accept the legal declaration and confirm with your password.

After setup, the checklist ticked “Set up your account” and moved to “Verify your account”. The Verification Documents page read, verbatim: “Your account is being verified. We don’t need any documents from you at the moment.” Trading.com then emailed “Next Step: Verify Your Account”, requiring identity and residency documents, with an UPLOAD DOCUMENTS button. After the email link, the same page asked for proof of identity with a selfie and a utility bill from the last 6 months, files up to 10 MB. A QR code then handed the check to Noam’s phone. Nothing after that handoff is captured, so the document used, the selfie step and the clearing time are not established; the next frame is the verified checklist. Noam’s note: the confusing part was being told no documents were needed, then required by email, because you must leave the application for your inbox and re-enter verification, though once it starts the method is straightforward.

In his notes, Noam found registration straightforward, the profile and knowledge checks in the expected order, and funding one of the easier parts of the whole run; the hand-off was the main weakness in his view. I agree with him there, and telling a new applicant that no documents are needed before asking for them by email is a poor first impression from an ASIC licensee. From the verified checklist, the funded account is where you meet what Trading.com lets you trade.

Trading.com trading platforms

Trading.com offers two trading platforms, MetaTrader 5 and the proprietary WebTrader.

For MT4 EAs, this broker is not for you, and I would rule it out only on that requirement.

Trading.com WebTrader

The WebTrader is the proprietary browser-based platform, carrying TradingView charts embedded. It runs without a download, which suits a locked-down office machine, and covers the core order types and watchlist tools most retail traders need; it’s functional rather than flashy.

MetaTrader 5

The MT5 build adds native support for indices, share CFDs and futures alongside forex, with a deeper built-in economic calendar and an upgraded strategy tester. I would put share CFD traders on it specifically, because that is where the equity range trades. If you trade shares, this is the platform here.

Trading.com copy trading

No dedicated copy trading product exists, so the MetaTrader Signals marketplace is the only route, and a trader shopping mainly to follow others is choosing a broker from the copy trading comparison instead; if copy trading is the main reason for opening an account, I would point that trader elsewhere.

Trading.com app

Trading.com publishes its own mobile app. From a phone, a client can trade through that app or through MT5 mobile.

On iOS and Android, the app runs a Trading.com account, and MT5 mobile is available through MetaQuotes’ own app using the same broker account details. MT4 and cTrader are absent, so no phone app covers either platform. To compare this app against other brokers, see the best trading apps in Australia.

• App Store: Australian storefront, exact figures from Apple's iTunes Search API
• Google Play: worldwide counts, not comparable with the App Store counts
• Third-party MetaTrader, TradingView and cTrader Ltd apps not listed

Trading.com leverage and margin under ASIC rules

Trading.com leverage in Australia caps at 30:1 on major forex pairs under ASIC rules, and Trading.com offers no professional account, so no higher ratio is available. Our funded account showed Gold at 20x leverage in the frame saved 9 September 2026, matching the ASIC 20:1 cap on gold.

• No professional (wholesale) account for Australian clients
• Source: ASIC product intervention order (retail); Trading.com and its Australian support, read 30 September 2026 (professional)

Retail CFD leverage at Trading.com is capped by ASIC 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 extended to 23 May 2027, so your leverage here is the same as at any other ASIC-regulated broker, and the caps apply at every ASIC broker rather than at this one alone.

Under the retail margin rule, every CFD issuer must close a retail client’s positions once account equity falls below half the total initial margin on all open positions. The margin mechanics are set out in understanding margin leverage, and the comparison of high-leverage brokers for professionals covers the brokers that publish a wholesale route, which this one does not; if you need higher leverage, another broker is the answer, and I would not treat this broker as a high-leverage option.

Trading.com markets and instrument counts

Trading.com lists 1,400+ instruments on its Australian website, read 1 October 2026, across five classes: forex with more than 50 currency pairs, stocks, indices, commodities and thematic indices.

For traders who operate across many asset types, the ceiling arrives quickly, and I see that as the main limitation.

The CFD market comparison on this site covers where each asset class sits across brokers. Trading.com’s Product Disclosure Statement, issued 11 January 2025, lists cryptocurrencies among its CFD underlyings at 2:1, while its Australian instruments page, read 1 October 2026, lists no cryptocurrency class. I would confirm crypto availability on the platform before you fund, in case it forms part of your strategy.

Index coverage spans the ASX 200 alongside the S&P 500, NASDAQ, FTSE, DAX and Nikkei, and the commodity range is built around gold as XAU/USD, silver and the two crude contracts. A strategy needing a deep treasuries and bonds book is served far better at CMC Markets or IG Markets, so those are the brokers to use if treasuries matter.

Trading.com share CFDs

Trading.com’s share CFD range is selective rather than deep. No ASX ownership route exists here, because every equity position is a CFD traded through MT5, so anyone wanting to hold real ASX shares needs a different broker, and CMC Markets is the obvious swap; if you want to own the underlying, this is not the place. The class is compared in share CFD basics and brokers.

Trading.com customer support

Trading.com’s support team works Monday to Friday, 8:00 to 16:00 GMT+2, by live chat and email, with a Virtual Assistant answering outside those hours, per its Australian website read 1 October 2026.

The site promises an email reply within 48 hours, and the Customer Service score is 4 out of 10. Our team has not contacted the desk, so this review gives no measured response time.

Those staffed hours work out to 4pm to midnight Sydney time on weekdays, so during the Australian trading morning the Virtual Assistant is what you reach. I would send non-urgent account questions by email so the reply lands inside the staffed window.

Trading.com research, tools and education

Trading.com publishes a daily update, an economic calendar, tutorials, video tutorials, a glossary of trading terms and margin, swap and pip-value calculators. We have not assessed the research or education live, so this section states only what the broker publishes.

Trading.com’s Australian website, read 1 October 2026, lists a daily update and an economic calendar under research, and tutorials, video tutorials, a glossary of 600+ trading terms and margin, swap and pip-value calculators under learning.

Should you open a Trading.com account?

Trading.com is a fit for anyone wanting one simple spread-only account on MT5 with a clean WebTrader, on an A$50 minimum deposit. The account fit breaks for traders filtering on cost or range, who are served better elsewhere than by a Trading.com account.

A beginner placing a few positions a month who values one cost number with no commission line is who Trading.com suits. It also suits a trader who wants TradingView charting in the WebTrader without a download.

You should look past it if you are cost-led, since the 1.77 pip eight-pair average was last of the eight standard accounts measured in our October 2026 capture, and there is no commission tier to move to. It is also a poor fit if you need human support outside Monday to Friday, 8:00 to 16:00 GMT+2, because outside those hours you get the Virtual Assistant. I would send a cost-led trader elsewhere on the evidence of our capture.

On the 2026 scoring, Trading.com sits twenty-eighth with 48 out of 100 on our ranked list of the highest-rated forex brokers in Australia, held there by its platform score (3 out of 10), trading costs and customer service (4 out of 10 each) rather than by trust, its strongest category at 7.5. A practice account with A$10,000 in virtual funds opens as soon as you confirm your email. I would use it on the WebTrader to see whether the simplicity works for you before funding.