Australian Regulated CFD Brokers

For MT4 and MT5, you will have access to a great range of advanced trading tools, including AutoChartist and MetaTrader Signals as highly useful charting and algorithmic add-ons. There is also ZuluTrade and MyFxBook as additional copy trading platform options. IC Markets also offers two Raw Spread accounts, based on whether you choose the MetaTrader or cTrader platforms. For the MT4/MT5 option, commissions are AUD $7 round-turn , while their cTrader account is a little more complex. These commissions are USD $3 per 100K traded, which is then converted to your chosen base currency at that spot rate. The Razor account, on the other hand, offers tighter spreads but charges additional commission costs.
For this reason, you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs and, if necessary, seek appropriate professional advice. This information has been prepared without taking account of your objectives, financial situation or needs. Simply sign into australia cfd trading your Westpac Online Banking profile and click on the Online Investing account tile to access your Westpac Share Trading account. Once your account is set up, there are a number of ways you are able to place a trade. When you settle your trades with a Westpac Cash Investment Account or Westpac Online Investment Loan.

Master the fundamentals of the share market and create a strategy with these handy easy to use guides. Master the fundamentals of the BID platform and build your market knowledge and trading confidence. You can buy, hold and sell units in mFunds through a process similar to that of buying and selling shares. You decide on the options and features that best fit your needs and budget. Quicker than a phone call and more convenient than an email, have your queries answered in real time by one of our client service Representatives. Since 2017, over half a million investors have joined the Sharesies platform, who’ve together invested over $1.9 billion.
However, UK residents can take advantage of Spread Betting, which is exempt from both stamp duty and taxation. As of 2023, AvaTrade has more than 300,000 clients from over 150 countries, with a monthly trading volume of over $70bn USD. They can join workshops, and benefit from other exclusive events. Direct access is also allowed to a member of TMGMs sales and research team. Deposits can be made instantly via Visa and Mastercard, Skrill, fastpay, and Neteller. There is a short delay of one to three working days with some other payment methods.

You can access Australian and international stocks as well as exchange-traded funds , options, fixed-income securities and bonds. What sets eToro’s trading app apart from most others in Australia is that you can trade contracts for difference and stocks using a single account. FXCM’s range of specialist CFD trading platforms includes QuantConnect, MotiveWave, AlgoTerminal AgenaTrader, Sierra Chart, SeerTrading, NeuroShell Trader and StrategyQuant. Most of these platforms require programming knowledge to use appropriately, though some, such as NeuroShell Trader are built for more complex technical analysis.
In the following years, the development of online trading platforms made CFD trading accessible to retail traders, and since then, the industry has grown rapidly. FXCM is a well-regulated CFD broker with a single account, competitive spreads (starting at 1.3 pips on the EUR/USD), and a low minimum deposit of 50 AUD. CFD trading is available on Forex, shares, indices, commodities, 7 cryptocurrencies as well as Forex and share baskets.
The eToro newsfeed allows anyone on the platform to post opinions, updates, and suggestions so that users can learn from each other. Eligible accounts are St.George, BankSA or Bank of Melbourne transaction accounts that permit direct debits. Accounts that are not eligible include savings and term deposit accounts. For a complete list of rates and fees please visit our Rates and fees page.

Then, you can move on to a micro account and when you are confident enough, try other advanced accounts that a broker offers. The best CFD broker is the one that offers a significant variety of trading platforms to choose from. Some brokers refer to well-known names in the industry of software solutions like MetaQuotes Software. Some Australian CFD brokers require traders to make a minimum deposit to allow trading with real money. If you are a beginner in trading and you want to move on from your demo account to the real fiat account then we recommend you start with small deposits first. No minimum deposit CFD brokers provide traders with opportunity to invest small sums of money into trading.
Of course, it would be great to combine the knowledge gained via your broker’s resources with an online course on trading strategies. Getfisrtstep team is also happy to share trading tips and  know-hows. The availability of educational information on a broker’s website is as important for a beginner as it is for an experienced trader. Webinars, topic articles, tutorials – look for the training tools when you pick a broker and don’t miss the chance to learn because your income will depend on your skills.

EToro gives you a great range of over 3000 tradeable symbols, with the option of trading CFDs or the underlying asset. You can trade stocks , Forex pairs , Indices , Commodities and ETFs . An intuitive and use-friendly platform, Plus 500’s trading platform is not only functional, it also features charting tools such as 110 indicators and 20 drawing tools. Both Raw accounts have a minimum spread of 0 pips for most currency pairs, which is competitive for a commission-based account.
Settle your trades with an eligible St.George transaction account or margin loan. CommSec’s expert team keeps you up to date with live share market news and reports, videos, stock prices and trends. Link a Commonwealth Direct Investment Account to your CommSec Trading Account to benefit from low brokerage costs and settle your trades with ease.

The platform gives traders access to more than 2000 CHESS-sponsored stocks and ETFs on the ASX. In its US product it has more than 6000 stocks and ETFs on Wall Street . It is not surprising to then discover that a number of Novice Traders encounter major losses shortly after commencing trading on the online trading platform. The main difference between Stockspot and eToro is that Stockspot provides investment advice and an ongoing service. If you’re interested in share trading, you can currently buy US listed stocks through eToro. However, you can’t buy individual Australian stocks listed on the ASX through eToro.
CFDs can be traded for literally any financial asset that has a price value attached to it. This is because you are under no obligation to own the underlying asset – you are only trading its price changes. The difference between the bid and ask prices is known as ‘the spread’, and it represents the cost of trading a CFD. The spread is usually a negligible amount compared to the value of a trade position.
It’s because of this that buying, selling, and trading CFDs can result in profits and/or losses, regardless of fluctuations in price. You will qualify for the benefits based on the levels in which your trading accounts fall. Your highest levelled trading account will determine the benefits to which you are entitled. The exchange rate for international transactions is calculated at the time of execution and is based on the best available bid/offer exchange rates, plus a spread of just 0.60%.