TheBull.com.au reviews many of the online brokers and robo-advisor available today.
Our broker reviews cover those brokers that support stocks, options, ETFs, mutual funds, IRA’s, 401ks, bonds, and similar investments. There are various stock brokers that also support forex, cryptocurrency, futures, equities and commodity trading which will be noted under the “Trade Types” section within each review.
Our goal is to provide the most in-depth online broker and robo-advisor reviews so clients can find the best brokerage or advisor for their investing needs. Each year our team of traders test and assess these firms on over 290 variables which formulate their star ratings for various categories, as well as the scoring for the 2018 Annual Review. A full list of all online broker reviews are listed below. Choose a broker either go to their site or read The Bull’s broker review.
| BROKER | FEATURES | REGULATOR | PLATFORMS | MINIMUM DEPOSIT | APPLY/DEMO ACCOUNT |
|---|---|---|---|---|---|
CITYINDEX | Well established Beginner friendly Free webinars | ASIC, FCA | Advantage Web, AT Pro, MT4, WebTrader | Varies | |
AXITRADER | Excellent broker and platform, 24/7 trading with crypto’s, Beginner friendly
| ASIC & FCA | WebTrader, MT4, Mobile | AU$ 1,000 | |
ETORO | Social and Copy Trading Platform Crypto, CFDs, Forex, Stocks 24/5 Customer Support Beginner Friendly
| ASIC, CySEC, FCA | eToro Platform | ||
Rakuten Securities Australia | 1:400 max. leverage No Commissions Only $50 mnimum deposit Free demo account | ASIC | WebTrader, MT4, Mobile | AU$50 | |
FPMARKETS | Ultra low spreads from 0.0 pips ECN execution Over 10,000 trading instruments 500:1 leverage No requotes | ASIC, CySEC | MT4, MT5, WebTrader, Mobile Trader and IRESS | ||
Fusion Markets | True ECN execution 36% cheaper than other brokers, on average 500:1 leverage No requotes | AFSL, ASIC | MT4, WebTrader, iOS and Android App | No minimum deposit required | |
BlackBull Markets | Real ECN-Trading with commission from $6 per lot; high leverage and low minimum deposit | FMA, FCA, FSPR | WebTrader, MT4, Android & iOS App | $200 | |
AVATRADE | 200000 registered customers | ASIC, CBI, MIFID, FSCA, BVI | ZuluTrade, DupliTrade, MetaTrader 4 (MT4) | 0.01 | |
PEPPERSTONE | Australian based Well established & large broker Offers trading education | ASIC & FCA | MetaTrader & cTrader MT4 (desktop and web), MT4 Multi-terminal, MT5, cTrader, and cAlgo. | 0.01 lots (1000 units) | |
PLUS500 | Varies | 60 | $100 | Depends | |
IronFX | 1 Million GBP Insurance by Lloyds of London ECN Real Raw Spreads, 0.2 EUR/USD Scalping allowed
| ASIC, FCA, CySEC, FSCA | Metatrader, Webtrader | ||
Saxobank | 35,000+ Instruments incl. Margin Products & Stocks. 69% of retail CFD accounts lose money. Dedicated Sales Traders. 24-Hour Customer Service. Types: Stocks, Commodities, FX Options, Stock Options, ETFs, Futures, Bonds, ETCs. | ASIC, FCA, FINMA | Saxo trading platform | ||
IG | from 0.6 pips | 90+ | $0 | $10k / 0.5% | |
OCTAFX | Min. Deposit $5 Up to 1:500 leverage with micro-lots (0.01 size) available for everyone Scalping, hedging, trading on the news, and EAs are permitted at OctaFX First Time Deposit Match: 50% Up To Any Max Deposit | St. Vincent and the Grenadines | $5 | ||
EASYMARKETS | 2,92+ trilion USD in trading volume 56,3+ million orders executed 142,5+ THOUSAND traders served 200+ instruments offered | ASIC | easyMarkets Platform Mobile apps Metatrader4 Vanilla Options | micro-lot | |
FXTM | Over 1M Account Registered – More than 250 Trading Instruments – MT4, MT5 and Web Trader Platforms – Full ECN Trading Model – Crypto-trading only avail. for FT Global Limited. | CySEC, FCA, FSC, FSCA, IFSC | MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4) | ||
EagleFX | Up to 500:1 leverage 24/7 Customer Service Same Day Withdrawals Free Demo Account | MT4, WebTrader, Mobile | $10 |
