Best CFD Forex Brokers in Australia

Best CFD Forex Brokers in Australia

Last updated September 2, 2026

The top regulated brokers offering CFD accounts to Australia traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Australia

#1
Pepperstone
Pepperstone
Review
#2
Moneta Markets
Moneta Markets
Review
#3
IC Markets
IC Markets
Review
Full Comparison
Personalized broker matching

Need a faster shortlist than reading every Australia page?

Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for CFD in Australia

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for CFD in Australia
Pepperstone

Pepperstone

Offers CFD
Min. deposit $0 (Recommended $200)
  • Offers CFD
  • Regulated: ASIC, FCA, CySEC, BaFin, DFSA
  • Minimum deposit $0 (Recommended $200)
ASIC, FCA, CySEC, BaFin, DFSA
#2 · Best alternative
Moneta Markets

Moneta Markets

Offers CFD
Min. deposit $50
  • Offers CFD
  • Regulated: FCA, ASIC, FSCA, FSC
  • Minimum deposit $50
FCA, ASIC, FSCA, FSC

Why these two

Both brokers here are confirmed to offer CFD for Australia traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Australia.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What do CFD brokers actually cost Australia traders?

Across the 10 CFD brokers available to Australia traders on this page, the median researched EUR/USD spread is 0.05 pips, ranging from 0.0 to 1.3 pips, with 10 of those figures taken from the broker's own published specification.

CFD brokers for Australia traders

CFD trading from Australia gives you access to forex, indices, commodities, stocks, and crypto through a single broker account — without owning the underlying assets. Our current ranking starts with Pepperstone where it is available, followed by Moneta Markets, IC Markets, and Axi. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for Australia traders. The median minimum deposit across the listed brokers is $50 — low — most traders can start with a modest balance. Local oversight for Australia traders sits with ASIC. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Australia sits with ASIC.

Country Offers

Available offers for Australia traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

IC Markets

ASIC (Australia)
Cashback / Rebate

Up to $2.50/Lot Rebate + 21% Comm Off

Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Verified Jun 15, 2026

Axi

ASIC (Australia)
VIP / Volume

Axi Select Funded Path to $1M

Trade with Axi funds up to $1M through Axi Select. No registration or monthly fees.

Verified Jun 15, 2026

FP Markets

ASIC (Australia)
Cashback / Rebate

Refer a Friend: Earn up to $200

Referral bonus pays $50-$200 after a friend funds and trades the required volume.

Verified Jun 15, 2026
Free guide for

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Key Features for Australian Traders

6 brokers · how we rank

Compare essential features of ASIC-regulated forex brokers available to Australian residents.

BrokerWithdrawalFX commissionTime to open accountUSDJPY spreadRegulation & fundingAction
0.1$01-2 business days$3.50/lotSame day0.1
No tier-1 licence listed
0.0 pips (ECN)$501-2 business days$3/lot (ECN)
FCA (UK)ASIC (Australia)FSCA (South Africa)
0.0$20024-48 hours$3.50/lot1 day0.0
No tier-1 licence listed
0.2$01-2 business days$3.50/lot1 day0.2
No tier-1 licence listed
0.5$501-2 business days$3.00/lotMinutes0.3
No tier-1 licence listed
0.1$100Same day to 1 business day$3.00/lotSame day0.2
No tier-1 licence listed
Rank 01 · best overall
Pepperstone
Spread
0.1
Min dep.
$0
Withdrawal
1-2 business days
FX commission
$3.50/lot
Time to open account
Same day
USDJPY spread
0.1
Visit Pepperstone Read review
Rank 02
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
$3/lot (ECN)
Time to open account
USDJPY spread
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read review
Rank 03
IC Markets
Spread
0.0
Min dep.
$200
Withdrawal
24-48 hours
FX commission
$3.50/lot
Time to open account
1 day
USDJPY spread
0.0
Visit IC Markets Read review
Rank 04
Axi
Spread
0.2
Min dep.
$0
Withdrawal
1-2 business days
FX commission
$3.50/lot
Time to open account
1 day
USDJPY spread
0.2
Visit Axi Read review
Rank 05
Vantage
Spread
0.5
Min dep.
$50
Withdrawal
1-2 business days
FX commission
$3.00/lot
Time to open account
Minutes
USDJPY spread
0.3
Visit Vantage Read review
Rank 06
FP Markets
Spread
0.1
Min dep.
$100
Withdrawal
Same day to 1 business day
FX commission
$3.00/lot
Time to open account
Same day
USDJPY spread
0.2
Visit FP Markets Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Pepperstone logo
Our Rating
4.5/5.0
Best ForBest overall forex broker for Australian traders.
Min Deposit$0

Pepperstone Review Summary

Pepperstone is an Australian-born broker offering institutional-grade execution with ultra-tight spreads. Their Razor account delivers raw spreads from 0.0 pips, perfect for scalpers and active traders. Regulated by ASIC with client fund protection.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

Moneta Markets Review Summary

Moneta Markets is an ECN / STP broker regulated by FCA (UK), ASIC (Australia), FSCA (South Africa), FSC (Mauritius). Best suited to ECN traders & copy-trading followers across Asia-Pacific. EUR/USD from 0.0 pips (ECN), minimum deposit $50.

Pros
  • FCA and ASIC regulated
  • ECN spreads from 0.0 pips
  • Native CopyTrader + DupliTrade copy trading
  • Low $50 minimum deposit
Cons
  • Relatively newer brand vs. legacy competitors
  • Ultra ECN tier needs $20,000
IC Markets logo
Our Rating
4.5/5.0
Best ForRaw spreads and deep liquidity.
Min Deposit$200

IC Markets Review Summary

IC Markets is renowned for its True ECN pricing and deep liquidity pools. Sydney-based and ASIC-regulated, they're a top choice for serious forex traders seeking the best execution with spreads from 0.0 pips.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Axi logo
Our Rating
4.5/5.0
Best ForTech-forward broker with MT4 optimization.
Min Deposit$0

Axi Review Summary

Axi (formerly AxiTrader) offers optimized MT4 terminals with advanced ProTrader tools. ASIC and FCA regulated with crypto deposit options, appealing to traders who prefer the MT4 ecosystem.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
Vantage logo
Our Rating
4.5/5.0
Best ForMulti-regulated with crypto options.
Min Deposit$50

Vantage Review Summary

Vantage offers competitive spreads and fast account opening in minutes. With ASIC and FCA regulation plus crypto deposits, they provide flexible trading options for modern traders.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
FP Markets logo
Our Rating
4.5/5.0
Best ForAustralian broker with global reach.
Min Deposit$100

FP Markets Review Summary

FP Markets combines competitive ECN pricing with access to over 10,000 global share CFDs. A great choice for Australian traders wanting forex and equity exposure with no inactivity fees.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening

Frequently Asked Questions About CFD Forex Brokers in Australia

Frequently Asked Questions

The best CFD brokers for Australia traders offer competitive spreads across multiple asset classes (not just forex), reliable AUD deposits, and strong regulation. All brokers on this page are verified for Australia availability.
When you buy a stock, you own a share of the company. When you trade a stock CFD, you speculate on price movement without ownership. CFDs allow leverage and short-selling, but carry higher risk and overnight financing costs.
Leverage varies by regulation and asset class. EU/UK/AU-regulated brokers offer up to 1:30 for forex, 1:20 for indices, 1:10 for commodities. Offshore brokers may offer 1:500+ but with less regulatory protection.
CFD trading is legal in most countries including Australia, though it is banned in the US and restricted in some markets. The brokers listed here accept Australia residents and hold valid licences.
Three cost components: (1) spread — the gap between buy and sell price; (2) commission — some brokers charge per-lot; (3) overnight swap — a financing charge for holding positions past the daily rollover. Day traders avoid swaps.
Forex (EUR/USD, GBP/USD), stock indices (S&P 500, NASDAQ, DAX), commodities (gold, oil), and cryptocurrency CFDs (Bitcoin, Ethereum). Multi-asset CFD brokers let you trade all of these from one account.
Forex trading in Australia: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by ASIC. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Top Searched Questions

Which forex brokers are ASIC-regulated in Australia?

ASIC-regulated brokers must hold an Australian Financial Services License (AFSL) and comply with 30:1 leverage limits for retail clients. Top ASIC brokers offer AUD accounts, fast local bank transfers, and segregated client funds with Australian banks. Check the broker's AFSL number on ASIC's Professional Register.

What should Australian traders know about forex regulation?

Australian forex regulation under ASIC caps retail leverage at 30:1, requires negative balance protection, and mandates that client funds are held in segregated trust accounts with Australian ADIs. Professional clients can access higher leverage by meeting qualification criteria.
Information automatically localized based on "best forex broker australia" and related trends.

Sources & References

  1. VT Markets
  2. Pepperstone
  3. XM
  4. IC Markets
  5. FP Markets
  6. AvaTrade

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.

How we measured this — CFD brokers for Australia traders

Across the 10 CFD brokers available to Australia traders on this page, the median researched EUR/USD spread is 0.05 pips, ranging from 0.0 to 1.3 pips, with 10 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.05 pips
Brokers measured
10
Linked to broker spec
10 of 10
Data as of
2026-09-02

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: vtmarkets.com · pepperstone.com · xm.com · icmarkets.com · fpmarkets.com · avatrade.com · vantagemarkets.com · axi.com · fxcm.com · monetamarkets.com

What changes locally

  • Oversight relevant to traders in Australia sits with ASIC.