#1 Rated Broker
Interactive Brokers
4.4Capital at risk · T&Cs apply
Top ASIC-regulated CFD brokers for Australian traders. Compare leverage limits, platforms and fees.
How we rank brokersBased on our 2026 quantitative rating of 41 brokers, Interactive Brokers (4.43/5), Forex.com, and IG Group rank as the top choices. Interactive Brokers leads with regulation from SEC, CFTC and 0.2 pips min spread. Rankings are calculated algorithmically — no paid placements.
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Min. Deposit
$0
Max Leverage
1:4
Spreads From
0.2 pips
Commission
0.005
Min. Deposit
$100
Max Leverage
1:200
Spreads From
0.8 pips
Commission
$0
Commission-free
Min. Deposit
$250
Max Leverage
1:200
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$0
Max Leverage
1:50
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:200
Spreads From
0.5 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0.7 pips
Commission
$0
Commission-free
Min. Deposit
$5
Max Leverage
1:1000
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$50
Max Leverage
1:30
Spreads From
1 pips
Commission
$0
Commission-free
Min. Deposit
$2000
Max Leverage
1:200
Spreads From
0.4 pips
Commission
0.08
Min. Deposit
$100
Max Leverage
1:300
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:400
Spreads From
0.9 pips
Commission
$0
Commission-free
Min. Deposit
$20
Max Leverage
1:200
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$1
Max Leverage
1:3000
Spreads From
0 pips
Commission
$0
Commission-free
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$100
Max Leverage
1:500
Spreads From
1 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$100
Max Leverage
1:300
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:5
Spreads From
0 pips
Commission
0.08
Min. Deposit
$100
Max Leverage
1:1000
Spreads From
0 pips
Commission
3
Min. Deposit
$50
Max Leverage
1:400
Spreads From
0.2 pips
Commission
$0
Commission-free
Min. Deposit
$1
Max Leverage
1:500
Spreads From
0 pips
Commission
1.5
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$25
Max Leverage
1:400
Spreads From
0.7 pips
Commission
$0
Commission-free
Min. Deposit
$50
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$0
Max Leverage
1:4
Spreads From
0 pips
Commission
0.01
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
2.25
Min. Deposit
$50
Max Leverage
1:1000
Spreads From
0 pips
Commission
3
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$50
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0.1 pips
Commission
3
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$50
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$1000
Max Leverage
1:500
Spreads From
0 pips
Commission
4
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3
When selecting a CFD broker in Australia, it's vital to consider the regulatory framework under which the broker operates. Australian investors should prioritise brokers regulated by the Australian Securities and Investments Commission (ASIC), as this ensures adherence to strict financial standards and safeguards. Regulation provides peace of mind that the broker operates transparently and ethically, reducing the risk of fraud.
Another key criterion is the fee structure. Trading costs can significantly impact profitability, so it is crucial to review spreads, commissions, and any additional fees such as overnight financing rates. A competitive fee structure can make a substantial difference, especially for frequent traders. Look for brokers that offer clear and transparent pricing, with no hidden charges.
The platform's usability and range of available markets are also critical. A good trading platform should be intuitive, reliable, and equipped with robust features such as charting tools and technical indicators. Additionally, assess the variety of markets offered, including forex, indices, commodities, and shares, to ensure the broker provides the breadth needed to diversify your trading portfolio.
Our ranking methodology for CFD brokers in Australia is rigorous and multifaceted, designed to provide a comprehensive evaluation of each broker's offerings. We allocate 25% of the score to regulation, as the safety and security of client funds and broker operations are paramount. Fees account for 20% of the score, reflecting their critical impact on the trader's bottom line.
The trading platform's quality and user experience each contribute 15% to the overall score, as these elements are essential for efficient and effective trading. We also evaluate the range of markets available, accounting for 10% of the score, and the broker's perceived trustworthiness, which comprises another 15%. This holistic approach ensures that our rankings are both reliable and relevant to traders' needs.
A CFD (Contract for Difference) lets you speculate on price movements without owning the underlying asset. You profit (or lose) on the difference between opening and closing price, multiplied by your position size.
Retail leverage limits vary by regulator: up to 30:1 for major forex pairs (ESMA/FCA), 20:1 for indices, and 2:1 for crypto under EU/UK rules. Professional traders can access higher leverage.
CFDs carry high risk due to leverage — most retail traders lose money. Beginners should start with a demo account, keep leverage low, and focus on risk management before trading live.
11 brokers on this list accept traders from Australia with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Australia is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.
Based on our scoring algorithm, Interactive Brokers currently ranks #1 with a score of 4.4/5. Scores are recalculated every 24 hours as broker data changes.
83% of Brokers Block US Clients
BrokerRank Research — Which brokers accept US traders?
Stocks 72%, Crypto 49%, Forex 36%
BrokerRank Research — What markets do brokers actually cover?
Regulation Has 0.84 Correlation With Rating
BrokerRank Research — Which factors matter most?
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
Our #1 pick for 2026
Interactive Brokers
How do we rank brokers?
Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.
Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.