7 Best CFD Brokers in Australia for 2025

Adam Woodhead
Co-Founder
Adam is a Co-Founder and content creator for The Investors Centre. His key areas of interest and expertise are cryptocurrency and blockchain technology.
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Thomas Drury
Co-Founder
Seasoned finance professional with 10+ years' experience. Chartered status holder. Proficient in CFDs, ISAs, and crypto investing. Passionate about helping others achieve financial goals.
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Updated 09/01/2025
Explore the best CFD brokers in Australia, carefully reviewed for 2025. Enjoy ASIC-regulated platforms, competitive fees, and diverse trading tools.
Quick Answer: What Is the Best CFD Broker in Australia?
eToro stands out as the best CFD broker for Australian traders. It’s ASIC-regulated, offers a user-friendly platform with social trading, and has competitive fees, making it ideal for beginners and seasoned traders alike.

Featured Platform - eToro
- Copy Trading
- User Friendly Platform
- Regulated & Trusted
- 30 Million+ Users
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Which are the 7 Best CFD Brokers for Australians in 2025?
- eToro – Social trading and beginner-friendly platform
- CMC Markets – Advanced tools and diverse markets
- Interactive Brokers – Ideal for experienced professionals
- AvaTrade – Perfect for beginner CFD traders
- Admirals – Comprehensive and versatile trading options
- Pepperstone – Low spreads and competitive fees
- Saxo Bank – Outstanding advanced technical analysis features
How Do the Best CFD Brokers in Australia Compare?
Rank | Broker | Fees & Spreads | Platform Features | Available Markets | Minimum Deposit |
---|---|---|---|---|---|
#1 | eToro | Low, simple spreads | Social trading, copy trading | Forex, stocks, crypto | $50 |
#2 | CMC Markets | Competitive spreads | Advanced tools, extensive charts | Forex, commodities, indices | $0 |
#3 | Interactive Brokers | Low fees, volume-based | Sophisticated platform, customisation | Global markets, equities | $100 |
#4 | AvaTrade | Fixed spreads, affordable | Beginner tools, automated trading | Forex, crypto, options | $100 |
#5 | Admirals | Low spreads | Comprehensive tools, good support | Forex, indices, stocks | $100 |
#6 | Pepperstone | Ultra-low spreads | Fast execution, clean interface | Forex, commodities | $200 |
#7 | Saxo Bank | Premium fees | Advanced tools, tailored solutions | Forex, stocks, bonds | $2,000 |
Insight: All platforms mentioned above are ASIC Regulated. ASIC regulation ensures a secure trading environment. Each broker has unique strengths, so choose based on your trading style and priorities.
Which Are the Best CFD Brokers in Australia in Detail?

#1 eToro – Most User-Friendly
What Are the Pros & Cons?
- ASIC-regulated, ensuring trust and safety.
- Social trading, perfect for beginners to learn from experienced traders.
- Low minimum deposit, ideal for those starting out.
- Limited advanced charting tools for professional traders.
- Withdrawal fees may add up over time.
How Competitive Are eToro’s Fees for CFD Trading?
I’ve found eToro’s fees straightforward, with no hidden costs. Their spreads are competitive, especially on major forex pairs like EUR/USD. However, crypto CFD spreads can be slightly higher. The transparency in their fee structure is a relief, especially for new traders.
What Features Make eToro Ideal for Australian Traders?
The social trading feature allows you to copy seasoned traders, which helped me gain confidence as a beginner. The interface is simple, and their mobile app is perfect for trading on the go. ASIC regulation and low deposit requirements make it accessible to a wide audience.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

#2 CMC Markets - Best for Advanced Tools
What Are the Pros & Cons?
- Advanced charting tools for technical analysis.
- ASIC-regulated, ensuring reliability.
- Extensive market offerings, including commodities and indices.
- Steeper learning curve for beginners.
- Fees may increase with frequent trading.
How Diverse Are the Product Offerings on CMC Markets?
CMC offers over 10,000 products, including forex, indices, commodities, and more. I particularly appreciated the wide selection of indices for ASX-focused trading. Their platform is versatile, catering to traders who want broad market access.
What Advanced Tools Does CMC Markets Provide for CFD Traders?
Their Next Generation trading platform impressed me with customisable layouts and advanced charting options. For someone who loves technical analysis, this is a game-changer. The platform includes tools like pattern recognition and guaranteed stop-loss orders.

#3 Interactive Brokers - Ideal for Pros
What Are the Pros & Cons?
- Ultra-low fees for high-volume traders.
- Comprehensive trading tools.
- Global market access.
- Complex platform, not beginner-friendly.
- Higher minimum deposit compared to competitors.
How Low Are the Fees for CFD Trading on Interactive Brokers?
Their volume-based pricing is excellent for active traders. I found their forex spreads among the lowest in the market. However, some fees, like inactivity fees, could catch occasional traders off guard.
What Trading Features Make Interactive Brokers Stand Out?
With API integration and advanced customisation, Interactive Brokers feels tailored for professionals. It’s not the easiest platform to learn, but for seasoned traders, the depth of tools is worth the effort. Their global market access is unmatched.

#4 AvaTrade - Best for Beginners
Most retail investor accounts lose money when trading financial instruments. Ensure you fully understand the risks before investing.Take 2 mins to learn more.
What Are the Pros & Cons?
- Excellent educational tools for new traders.
- Fixed spreads, making costs predictable.
- Regulated by ASIC, ensuring trust.
- Limited advanced tools for professional traders.
- Withdrawal delays can occur at times.
What Tools Does AvaTrade Offer for Beginner CFD Traders?
AvaTrade offers demo accounts, webinars, and step-by-step guides. Their integration with MetaTrader 4 (MT4) also makes it easy for beginners to explore automation. These tools helped me understand CFD basics without the fear of losing money.
How Does AvaTrade Simplify CFD Trading for Australians?
The AvaProtect feature, which reduces losses on bad trades, is a lifesaver. I wish I’d had access to such tools when I started. Their fixed spreads also remove the unpredictability in costs, which is a big plus for novice traders.

#5 Admirals - Best All-in-One Platform
Most retail investor accounts lose money when trading financial instruments. Ensure you fully understand the risks before investing.Take 2 mins to learn more.
What Are the Pros & Cons?
- Low spreads, making it cost-effective for active traders.
- Extensive educational resources, including webinars and articles.
- ASIC-regulated, ensuring a safe trading environment.
- Platform features can overwhelm beginners.
- Limited crypto CFDs compared to competitors.
How Competitive Are Admirals’ Fees for CFD Traders?
Admirals provides tight spreads on major forex pairs and indices, often lower than industry averages. For example, EUR/USD spreads start as low as 0.1 pips. The lack of hidden fees ensures transparency, which I appreciated during my trades.
What Unique Features Does Admirals Offer Australian Traders?
Admirals excels in its educational content. Their Zero to Hero trading course helped me refine my strategies early on. The availability of MetaTrader Supreme Edition is another standout feature, offering additional tools like market sentiment analysis and advanced indicators.

#6 Pepperstone - Best for Low-Cost Trading
Most retail investor accounts lose money when trading financial instruments. Ensure you fully understand the risks before investing.Take 2 mins to learn more.
What Are the Pros & Cons?
- Ultra-low spreads, especially for forex and indices.
- Fast execution speeds, ideal for scalping.
- ASIC-regulated, ensuring high safety standards.
- Limited proprietary tools compared to competitors.
- No guaranteed stop-loss orders.
How Affordable Are Pepperstone’s Spreads for CFD Trading?
Pepperstone offers spreads starting from 0.0 pips on their Razor account, making it one of the cheapest brokers for forex CFDs. I’ve noticed the savings accumulate significantly when trading frequently. Their swap-free account options also cater to specific trader needs.
What Features Make Pepperstone Attractive to Australian Traders?
What stood out for me was their execution speed, particularly when scalping forex CFDs. Their integration with MetaTrader and cTrader ensures flexibility for both beginners and advanced traders. Pepperstone’s support team is also one of the most responsive I’ve encountered.

#7 Saxo Bank - Best for High-Net-Worth Traders
Most retail investor accounts lose money when trading financial instruments. Ensure you fully understand the risks before investing.Take 2 mins to learn more.
What Are the Pros & Cons?
- Comprehensive market access, including rare instruments like bonds and ETFs.
- Advanced platform tools for professional traders.
- ASIC-regulated, ensuring a secure trading environment.
- High minimum deposit, limiting access for beginners.
- Premium fees on some CFDs.
How Competitive Are Saxo Bank’s Trading Fees?
Saxo Bank’s fees are relatively high compared to other brokers, but they justify this with premium services and tight spreads on key markets. For instance, forex spreads start at 0.4 pips, but professional-level tools make it worthwhile for high-volume traders.
What Advanced Trading Tools Does Saxo Bank Provide?
The SaxoTraderGO and SaxoTraderPRO platforms are designed for professionals. I particularly appreciated the extensive customisation options and access to advanced risk management tools. Their research and insights section is unmatched, offering valuable market analyses daily.
How Can You Start CFD Trading in Australia?
1. What Are the Basics of CFD Trading in Australia?
CFD trading involves speculating on the price movement of assets without owning them. In Australia, ASIC-regulated brokers ensure a secure trading environment. CFDs let you trade on various markets, including forex, indices, and commodities, using leverage to maximise gains—but remember, this also increases risks.
2. Which CFD Strategies Should Beginners Focus On?
Start with trend-following strategies, which involve trading in the direction of the market trend. Another effective approach is range trading, ideal for less volatile markets. Focus on simple strategies and avoid overcomplicating your trades until you gain confidence.
3. How Do You Manage Risks While Trading CFDs?
Set stop-loss orders for every trade to limit potential losses. I’ve learned the hard way that leveraging excessively can be a quick way to lose capital. Stick to a risk/reward ratio of at least 1:2, and avoid emotional trading by sticking to your plan.
4. What Should You Look for in an ASIC-Regulated Broker?
ASIC-regulated brokers comply with strict standards, ensuring client funds are segregated and trading is transparent. Look for brokers with clear fee structures, reliable platforms, and responsive customer support. Personally, I’ve found ASIC compliance gives peace of mind while trading.
5. How Can Demo Accounts Help You Get Started?
Demo accounts let you practice trading with virtual funds, which is perfect for testing strategies risk-free. Before committing real money, I used demo accounts to familiarise myself with different platforms and avoid beginner mistakes.
What Are the Key CFD Markets for Australian Traders?
How Can You Trade CFDs on Forex in Australia?
Forex is one of the most liquid CFD markets. Trading major currency pairs like AUD/USD allows Australians to capitalise on global events. With brokers offering low spreads and 24-hour trading, forex CFDs are popular for both beginners and experienced traders.
Why Are ASX CFDs Popular Among Australian Traders?
ASX CFDs let traders speculate on the performance of leading Australian companies, such as BHP and Commonwealth Bank. I’ve found ASX CFDs particularly useful for diversifying my portfolio while staying connected to local markets.
What Global Markets Are Available Through CFD Brokers?
Market Type | Examples | Broker Access |
---|---|---|
Forex | AUD/USD, EUR/USD | eToro, CMC Markets |
Indices | ASX 200, S&P 500 | Admirals, Interactive Brokers |
Commodities | Gold, Crude Oil | Pepperstone, Saxo Bank |
Global markets like commodities and indices provide diversification opportunities. I often explore indices like the S&P 500 for global exposure and commodities like gold for safer trades during volatility.
What Are the Best CFD Trading Strategies for Australian Traders?
How Can Day Trading Strategies Benefit CFD Traders?
Day trading focuses on capitalising on small price movements within a single trading day. While it requires focus and discipline, I’ve found it effective for managing risks since positions aren’t left open overnight, reducing exposure to unexpected market changes.
What Is the Role of Hedging in CFD Trading?
Hedging with CFDs protects your portfolio by offsetting losses in other investments. For instance, I’ve used short CFD positions during market downturns to cushion losses in my long-term stock holdings.
How Can You Use Leverage Safely in CFDs?
Leverage magnifies potential profits but also increases risks. I recommend using modest leverage ratios and ensuring you always have sufficient margin. Start small, and only use leverage when you’re confident in your strategy.
Why Should You Incorporate Technical Analysis in CFD Trading?
Technical analysis involves studying price charts to identify patterns and trends. Tools like moving averages and RSI have helped me time my entries and exits, improving the accuracy of my trades.
Key Takeaways
eToro Stands Out for Beginners: With its social trading and user-friendly platform, eToro is the top pick for new traders in Australia.
Advanced Tools for Professionals: CMC Markets and Interactive Brokers offer sophisticated platforms and extensive market access for experienced traders.
Low-Cost Trading with Pepperstone: Known for razor-thin spreads and fast execution speeds, Pepperstone is ideal for cost-conscious traders.
Diverse Market Access: All featured brokers provide access to forex, indices, commodities, and ASX CFDs, catering to various trading preferences.
ASIC-Regulated for Safety: Each broker is ASIC-regulated, ensuring trader security, fund protection, and compliance with Australian standards.
FAQs
Most leading brokers, including eToro, CMC Markets, and Pepperstone, are ASIC-regulated. Always check a broker’s ASIC licence for added security.
While you can start with as little as $200 on some platforms, I’d recommend beginning with at least $500 to $1,000 for more flexibility and better margin management.
Yes, profits are subject to capital gains tax (CGT) in Australia. Keep detailed records of your trades for accurate reporting at tax time.
CFD trading involves high risks due to leverage. You can lose more than your deposit if the market moves against you, making proper risk management essential.
Australian CFD regulation under ASIC is among the strictest, offering a secure trading environment. Leverage limits and client fund protection are key features of this framework.
Top 5 Platforms
1

eToro
2

CMC Markets
3

Interactive Brokers
4

AvaTrade
5

Admirals
References:
- Statista. “Average daily equity trading value in Australia from 1st quarter 2017 to 1st quarter 2024, by market (in million Australian dollars).”
- Statista. “Financial markets in Australia – statistics & facts.”
- Statista. “Monthly trading volume of the Australian Securities Exchange (ASX) from November 2020 to June 2022, by product (in 1,000 trades).”
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