TheBull.com.au reviews the best brokers in Australia for trading online.
Our Australia broker reviews cover those that support stocks, options, ETFs, mutual funds, forex, bonds, and similar investments. There are various modern stock brokers that also support CFD, cryptocurrency, futures, equities and commodity trading with full product details inside the detailed review.
Our goal is to provide the most in-depth online broker reviews so TheBull readers 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 Annual Review.
Buying ASX stocks online historically consisted of buying shares with your bank or via a financial advisor for a transaction cost but the move to online brokers has brought a new wave of potential opportunities to trade many products on one platform with fees greatly reduced. We include below some brokers that allow you to buy ASX and International stocks with added purchasing power (or using leverage) via a ‘CFD’ as this can reduce transaction fees in many cases and allow greater flexibility compared to the more traditional bank based broker. We highlight this under the ‘trade type’ header to allow our readers to find the most appropriate choice.
A full list of online broker reviews are listed below. Click ‘apply’ to go the broker directly ‘review’ to read the detailed guide.
| BROKER | FEATURES | REGULATOR | PLATFORMS | TRADE TYPE | APPLY/DEMO ACCOUNT |
|---|---|---|---|---|---|
ETORO |
Social and Copy Trading Platform Crypto, CFDs, Forex, Stocks 24/5 Customer Support Beginner Friendly
|
ASIC, CySEC, FCA |
eToro Platform |
Commission Free Stocks, FX, CFDs, Indices, Crypto, Commodities |
|
Avatrade |
One of the big players in the online broker sector Platform packed with powerful trading tools that are easy to use |
ASIC, FCA, CySEC |
MT4, MT5, Mobile App, WebTrader |
FX, Indices, Stocks, Commodities, Cpypto (all as CFDs) |
|
TMGM |
Over 15,000 trading instruments Spreads from 0,0 Pips Free Demo Account |
ASIC, VFSC |
MT4, MT5, Mobile App |
FX, Indices, Stocks, Commodities (as CFDs) |
|
PLUS500 |
Varies |
60 |
MT4, WebTrader, Mobile App |
Stocks, Indices, Forex, Commodities, Crypto, ETFs (as CFDs) |
|
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. |
FX, Indices, Limited Stocks, Commodites (as CFDs) |
