CFDs (contracts-for-differences) enable Australian traders to gain exposure to stocks, crypto, index funds, commodities, currencies, and more at the click of a button.
The best CFD trading platforms in Australia typically offer 0% commission markets alongside leverage and short-selling tools.
In this guide, we review and rank the 10 best CFD brokers in Australia for supported assets, spreads and commissions, safety, and more.
The Best CFD Brokers Australia in 2023
Before reading our comprehensive reviews, investors can browse the 9 best CFD brokers in Australia via the list below:
- eToro – Overall Best CFD Broker in Australia
- Plus500 – Trade Thousands of CFDs at 0% Commission
- Vantage – Low Spread CFD Broker to Use in Australia with High Leverage
- XTB – Popular CFD Trading Platform for Raw Spreads
- Trade Nation – Popular CFD Trading Platform Offering 1000+ CFDs
- AvaTrade – Buy and Sell CFD Instruments Without Paying Any Commission
- Pepperstone – Trade CFDs at Wholesale Market Prices
- IG – Gain Access to Over 18,000 CFD Markets
- Skilling – Popular CFD Trading App With Leverage
- XM – Start Trading CFDs Today From Just $5
- CMC Markets – Low-Cost CFD Broker With 12,000+Markets
We have reviewed each of the above CFD trading platforms for fees, spreads, markets, and more in the subsequent sections of this guide.
79% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
Best Australian CFD Brokers Reviewed
In the sections below, readers will find in-depth reviews of the 10 best CFD brokers in Australia – as per our market research. All brokers are regulated by ASIC or at least one other tier-one financial body, so safety is assured.
1. eToro – Overall Best CFD Broker in Australia
Beginners in the market for the best CFD broker online might consider eToro. This popular trading platform requires a minimum deposit of just $50 and AUD payments are supported across debit/credit cards, PayPal, Skrill, POLi, Neteller, bank transfers, and more.
eToro offers access to both real assets and CFDs. Regarding the former, eToro is one of the best places to buy shares in Australia, as it offers lists of companies at 0% commission. Stock markets from the US, Germany, the UK, Hong Kong, the Netherlands, Canada, France, and more are supported.
ETFs can also be purchased at 0% commission. eToro is also one of the best brokers to invest in cryptocurrency in Australia. Across more than 90 markets, users can buy Bitcoin, Ethereum, Ripple, and plenty of other cryptocurrencies at a fee of 1%. When trading stocks, ETFs, and crypto assets at eToro, the minimum stake amount is just $10.
These markets will convert from real assets to CFDs when one of two trading conditions are met. First, if the trader goes short on stocks, ETFs, or crypto, this will turn into a CFD position. Second, if the trader applies leverage, this will also be represented by a CFD. Leverage limits remain in line with ASIC regulations.
Additionally, eToro is one of the best forex brokers in Australia. It offers 49 currency pairs across the majors, minors, and exotics on a spread-only basis. EUR/USD spreads start at 1 pip per slide. eToro also offers access to dozens of indices – such as the Dow Jones and FTSE 100, as well as commodities like gold, silver, oil, natural gas, and corn.
It only takes a few minutes to register an account with eToro and this popular CFD broker is regulated by ASIC, as well as the FCA, CySEC, and the SEC. Before making a deposit, eToro users can also access a free demo account facility. This offers risk-free trading with a balance of $100,000 in demo funds.
eToro users can also switch between the online platform and the mobile app for iOS and Android. But perhaps the most popular feature offered by eToro is its Copy Trading service. As the name suggests, this allows eToro users to ‘copy’ the investments of an experienced trader. From the perspective of the eToro user, this offers a 100% passive trading process.
CFD assets | Stocks, ETFs, forex, commodities, indices, crypto |
Number of CFD contracts | 3,000+ |
Pricing system | 0% commission on real stocks and ETFs. 1% on real crypto. Spread-only on CFD markets. |
Deposit fee | 0.5% on AUD payments |
EUR/USD spread | 1 pip |
Cost of trading Amazon stock | $0.15 spread |
Trading Platforms | Proprietary eToro platform for web browsers and mobile devices |
Min Deposit | $50 |
Pros
Cons
79% of retail investor accounts lose money when trading CFDs with this provider.
2. Plus500 – Trade Thousands of CFDs at 0% Commission
Next up on our list of the best CFD brokers in Australia is Plus500. This provider supports thousands of CFDs across the most traded asset classes globally. This is inclusive of crypto assets, forex, indices, ETFs, and commodities. Plus500 also supports stocks from nearly 20 markets.
This includes stocks listed in Australia, New Zealand, South Africa, the UK, the US, Germany, Canada, Singapore, Hong Kong, and more. All of the aforementioned markets can be traded at Plus500 on a 0% commission basis. Spreads can be reasonable here, but not on all markets. EUR/USD, however, is competitive at 0.8 pips.
The minimum deposit to open an account with Plus500 is $100. With that said, traders can get started with the Plus500 demo account, which doesn’t require a deposit. There is no support for third-party trading platforms here, which means EAs cannot be used. The Plus500 trading suite is, therefore, more suitable for casual traders.
CFD assets | Stocks, ETFs, forex, commodities, indices, options, crypto |
Number of CFD contracts | 2,800+ |
Pricing system | 0% on all markets |
Deposit fee | None |
EUR/USD spread | From 0.8 pips |
Cost of trading Amazon stock | 0.74% spread |
Trading Platforms | Native platform for web and mobile trading |
Min Deposit | $100 |
Pros
Cons
3. XTB – Popular CFD Trading Platform for Raw Spreads
XTB is one of the best CFD brokers in Australia for low fees and super-tight spreads. In fact, there are no trading commissions to pay on any supported CFD markets at XTB and spreads can go as low as 0.1 pip on EUR/USD.
Stock spreads are very competitive too, with Amazon offered at just $0.50 per slide at the time of writing. Supported markets at XTB – all of which are represented by CFDs, include indices, crypto, commodities, ETFs, forex, and stocks. Although the provider offers high leverage limits, this doesn’t apply to Australians.
Once again, Australian traders will be capped at 1:30 when trading forex CFDs, and less on other markets. There is no minimum deposit requirement at XTB, although traders should ensure that they add enough money to cover their required position. Forex, for example, can be traded at lots of 0.01 – meaning the minimum trade size is 1,000 currency units.
CFD assets | Stocks, ETFs, forex, commodities, indices, crypto |
Number of CFD contracts | 2,100+ |
Pricing system | 0% commission on all markets |
Deposit fee | $0 on debit/credit cards, 2% on Skrill |
EUR/USD spread | From 0.1 pip |
Cost of trading Amazon stock | $0.50 spread |
Trading Platforms | xStation for mobile, desktop, and web browsers |
Min Deposit | No minimum deposit requirement |
Pros
Cons
81% of retail investor accounts lose money when trading CFDs with this provider.
4. Vantage – Low Commission CFD Broker to Use in Australia
Established in 2009, Vantage is a popular Australian-based brokerage. This multi-asset broker allows users to trade crypto and share CFDs through its web-based trading platform and mobile app.
Offering an intuitive user interface, Vantage allows users to create a new account in just a few minutes. Notably, Vantage offers share CFDs from the top listed companies from the United States of America, the United Kingdom, Australia, and other European countries.
Members can be assured that they are paying low commissions when trading top Australian share CFDs from the Australian Securities Exchange (ASX). With commissions going as low as $6 per trade, one can purchase popular shares such as ANZ, FLT, and WBC.
All U.S listed companies can be traded without paying any commission on Vantage. All the major companies listed on the NASDAQ and the New York Stock Exchange can be traded to gain exposure in the U.S. markets.
For beginner traders, Vantage also offers a demo account to practice trading strategies. This account comes funded with virtual currency. The platform also offers a social trading feature through which users can replicate the trades of skilled and experienced traders.
Apart from the proprietary trading platform, Vantage users can also integrate the platform with MetaTrader 4 & 5. These web-based platforms can be accessed to automate trades and access multiple charting patterns and technical indicators.
One can get started by making a $50 minimum deposit on Vantage. The platform supports multiple payment methods, such as Mastercard, VISA, Neteller, and Skrill.
CFD assets | Crypto and shares |
Number of CFD contracts | – |
Pricing system | Low commission + spreads |
Deposit fee | None |
EUR/USD spread | From 0.0 – 0.2 pips |
Cost of trading Amazon stock | Starting from 0.1 spread |
Trading Platforms | Native platform for web and mobile trading, MT4, MT5 |
Min Deposit | $50 |
Pros
Cons
5. Trade Nation – Popular CFD Trading Platform Offering 1000 CFDs
Another top CFD trading platform in Australia is Trade Nation. With over 1000 CFDs available at a low fee, Trade Nation has gotten a lot of traction in the country. It was launched in 2014 and focused on an inclusive fee model that does not involve any commission or a variable spread. Instead, the focus is on keeping the spread fixed.
Being a multi-asset trading platform, Trade Nation supports forex pairs, shares, commodities, and indices. Per Trade, users only need to pay up to 0.4 pips.
The fee structure does not involve any hidden fees or deposit charges. There are two forms of apps available, TN Trader and Meta Trader 4. With Meta Trader 4, users will get access to nuanced market analysis tools and trading charts. But for those looking for a more tailored experience, TN Trader – Trade Nation’s proprietary platform – might provide a better option.
A regulated exchange, Trade Nation works in accordance with the rules set by the Financial Conduct Authority, the Australian Securities and Investment Commission, and The Securities Commission of the Bahamas. Security measures and adhering to all the local laws are given priority on this platform.
Starting to trade only requires a $1 deposit, which can be made using any of the standard deposit options. Retain investors get up to 30x leverage, and customer support can be reached 5 days a week. Furthermore, the platform has a high rating on Trustpilot.
CFD assets | Stocks, CFDs, forex, commodities, indices |
Number of CFD contracts | 1000+ |
Pricing system | Fixed spread |
Deposit fee | $0 |
EUR/USD spread | From 0.6 pip |
Trading Platforms | TradeCopier for Mobile |
Min Deposit | $1 |
Pros
Cons
CFDs are complex instruments and come with a high risk of losing money with leverage.
6. AvaTrade – Buy and Sell CFD Instruments Without Paying Any Commission
Yet another 0% commission provider that makes our list of the best CFD brokers in Australia is AvaTrade. Not only is this provider authorized and regulated by ASIC, but eight other financial bodies. This is inclusive of CySEC, FFAJ (Japan), and the Central Bank of Ireland.
AvaTrade supports most asset classes, which include stocks, forex, ETFs, bonds, indices, and commodities. Both options and crypto assets are supported too. Leverage is offered on all markets within ASIC limits and the minimum AvaTrade deposit for first-time customers is $100.
AvaTrade is also popular for its wide range of supported trading platforms. This includes MT4, MT5, DupliTrade, and ZuluTrade. This CFD provider also offers its own native trading platform for web browsers and iOS/Android smartphones. When it comes to spreads, AvaTrade offers a competitive 0.9 pips on EUR/USD.
CFD assets | Stocks, ETFs, forex, commodities, indices, bonds, options, crypto |
Number of CFD contracts | 1,000+ |
Pricing system | 0% commission on all markets |
Deposit fee | None |
EUR/USD spread | From 0.9 pips |
Cost of trading Amazon stock | 0.14% spread |
Trading Platforms | WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, DupliTrade, ZuluTrade |
Min Deposit | $100 |
Pros
Cons
71% of retail investor accounts lose money when trading CFDs with this provider.
7. Pepperstone – Trade CFDs at Wholesale Market Prices
Pepperstone is another ASIC-regulated provider that makes our list of the best CFD brokers in Australia. This platform offers two core account types – one of which enables traders to buy and sell CFD instruments on a commission-free basis.
However, the broker’s razor account is well worth considering, as it offers access to some of the tightest spreads in the industry. In return for paying a commission of $3.50 per slide, the likes of EUR/USD can be accessed at 0.0 pips during standard hours. Both accounts support fee-free payments and there is no minimum deposit requirement.
Traders at Pepperstone will have plenty of options when it comes to finding market opportunities. CFD instruments can be found across ETFs, stocks, indices, crypto, commodities, and forex. To aid the decision-making process, traders can utilize the many technical indicators and tools offered by MT4, MT5, cTrader, and TradingView – all of which are supported by Pepperstone.
CFD assets | Stocks, ETFs, forex, commodities, indices, crypto |
Number of CFD contracts | 1,200+ |
Pricing system | $3.50 commission per lot on razor account, 0% commission on standard account |
Deposit fee | None |
EUR/USD spread | From 0.0 pips on razor account, 0.6 pips on standard account |
Cost of trading Amazon stock | $0.02 per share |
Trading Platforms | MT4, MT5, cTrader, TradingView |
Min Deposit | No minimum deposit requirement |
Pros
Cons
74% of retail investor accounts lose money when trading CFDs with this provider.
8. IG – Gain Access to Over 18,000 CFD Markets
IG is perhaps the best CFD broker in Australia for asset diversity. Across more than 18,000 markets, this regulated brokerage leaves no stone unturned. This is inclusive of stocks, ETFs, forex, commodities, indices, options, futures, bonds, interest rates, and more.
Fees will depend on the CFD asset being traded. For instance, stocks and ETFs attract a fee that is dependent on the exchange. Australian stocks/ETFs will cost 0.08%, while markets in NZ are slightly higher at 0.09%. US stocks cost $0.02 per share, while UK equities amount to 0.10%.
There is, however, a minimum commission when trading stocks, and this also varies depending on the exchange. The good news is that all other CFD asset classes can be traded at 0% commission. IG requires a minimum first-time deposit of $250 to get started. To make a deposit with a debit card, this will cost 0.5% (MasterCard) or 1% (Visa).
CFD assets | Stocks, ETFs, forex, commodities, indices, options, futures, bonds, interest rates, crypto |
Number of CFD contracts | 18,000+ |
Pricing system | 0% commission on all CFD markets other than stocks/ETFs |
Deposit fee | 1% on Visa, 0.5% on MasterCard |
EUR/USD spread | From 0.6 pips |
Cost of trading Amazon stock | $0.02 per share |
Trading Platforms | Native platform for web and mobile trading, MT4 |
Min Deposit | $250 |
Pros
Cons
9. Skilling – Popular CFD Trading App With Leverage
Those in the market for the best Australian CFD trading app might want to consider Skilling. This trading app is native to the broker and compatible with iOS and Android, across both smartphones and tablets. The app, once installed, will connect to the Skilling web trading account.
As a result, the trader never needs to be more than a click away from the CFD markets. Before downloading the Skilling app, traders will need to open an account and make a deposit. This CFD broker supports debit/credit cards, e-wallets, and traditional bank wires. Supported markets at Skilling include 900+CFD instruments.
This consists of stocks, forex, crypto, indices, and commodities. When opening a standard account – which is suitable for casual traders, there are no commissions to pay. EUR/USD spreads start from just 0.2 pips. Crypto spreads are even more competitive, starting at 0.0001. Do note that e-wallet payments can attract a fee of up to 2.9%.
CFD assets | Stocks, forex, commodities, indices, crypto |
Number of CFD contracts | 900+ |
Pricing system | 0% on standard accounts |
Deposit fee | Debit/credit cards are free, e-wallets range from 0-2.9% |
EUR/USD spread | From 0.2 pips |
Cost of trading Amazon stock | $0.53 spread |
Trading Platforms | Native platform for web and mobile trading, MT4, cTrader |
Min Deposit | $100 |
Pros
Cons
10. XM – Start Trading CFDs Today From Just $5
XM is one of the best CFD brokers in Australia for those on a budget. All supported account types here – of which there are many to choose from, come with a minimum first-time deposit of just $5. There are no deposit fees either. For casual traders, the standard account is perhaps a suitable option.
This offers access to commission-free markets across all supported CFDs. The spread starts at 1 pip on EUR/USD on this account type. There are also accounts that come with raw spreads alongside a commission, and this will likely suit more experienced traders.
Supported CFD assets include stocks, indices, crypto, ETFs, forex, and commodities. Although XM offers a native mobile app for iOS and Android, web traders will need to choose from either MT4 or MT5. Leverage of up to 1:1000 is offered by XM, but Australian traders will be capped at the usual limits of 1:30 on major currencies and less on other markets.
CFD assets | Stocks, ETFs, forex, commodities, indices, crypto |
Number of CFD contracts | 1,000+ |
Pricing system | Standard account offers 0% commission |
Deposit fee | None |
EUR/USD spread | 1 pip on standard account |
Cost of trading Amazon stock | 5.85 pips |
Trading Platforms | MT4, MT5, proprietary app for iOS and Android |
Min Deposit | $5 |
Pros
Cons
11. CMC Markets – Low-Cost CFD Broker With 12,000 Markets
CMC Markets is a CFD and spread betting broker. It is heavily regulated, so traders can speculate on CFDs in safety. After opening an account with CMC Markets – which does not require a minimum deposit to be met, traders will have access to more than 12,000 instruments.
This is inclusive of stocks, ETFs, forex, commodities, crypto, indices, and treasuries. No commissions are payable on the aforementioned assets, other than stocks. In this case, the commission will depend on the stock being traded and whether a long or short position has been entered. Going long on Amazon stock, for instance, will cost 0.0145%, plus the spread.
CMC Markets is behind the Next Generation trading platform, which is aimed at seasoned traders seeking high-level tools. This CFD broker also supports MT4.
CFD assets | Stocks, ETFs, forex, commodities, crypto, indices, treasuries, |
Number of CFD contracts | 12,000+ |
Pricing system | 0% on all markets apart from stocks and ETFs |
Deposit fee | None |
EUR/USD spread | From 0.7 pips |
Cost of trading Amazon stock | 0.0145% |
Trading Platforms | Native NGEN platform for web and mobile trading, MT4 |
Min Deposit | No minimum deposit requirement |
Pros
Cons
The Best CFD Brokers Australia in 2023
Still deciding on the best CFD trading platform in Australia? You might want to take a look at our review of GO Markets Australia for an alternative to those reviewed above.
Refer to the comparison table below for key metrics surrounding the 10 providers that we reviewed:
Australia CFD Brokers
CFD Assets
Total CFDs
Pricing System
Deposit Fee
EUR/USD Spread (From)
Cost to Trade Amazon Stock
Trading Platforms
eToro
Stocks, ETFs, forex, commodities, indices, crypto
3,000+
0% commission on stocks and ETFs. 1% on crypto. Spread-only on CFD markets.
0.50%
1 pip
$0.15 spread
Proprietary eToro platform for web browsers and mobile devices
XTB
Stocks, ETFs, forex, commodities, indices, crypto
2,100+
0% commission on all markets
$0 on debit/credit cards, 2% on Skrill
0.1 pip
$0.50 spread
xStation for web, mobile, tablets, and desktop software
Vantage
Crypto and shares
–
Low commission ($6) on trades + low spreads
None
0.0 – 0.2 spreads (with RAW ECN Account)
Starting from 0.1 pips (RAW ECN Account)
Proprietary web-based platform, mobile app, MT4, MT5
AvaTrade
Stocks, ETFs, forex, commodities, indices, bonds, options, crypto
1,000+
0% commission on all markets
None
0.9 pips
0.14% spread
WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, DupliTrade, ZuluTrade
Pepperstone
Stocks, ETFs, forex, commodities, indices, crypto
1,200+
$3.50 commission per lot on razor account, 0% commission on standard account
None
From 0.0 pips on razor account, 0.6 pips on standard account
$0.02 per share
MT4, MT5, cTrader, TradingView
IG
Stocks, ETFs, forex, commodities, indices, options, futures, bonds, interest rates, crypto
18,000+
0% commission on all CFD markets other than stocks
1% on Visa, 0.5% on MasterCard
0.6 pips
$0.02 per share
Native platform for web and mobile trading, MT4
Skilling
Stocks, forex, commodities, crypto, indices
900+
0% on standard accounts
Debit/credit cards are free, e-wallets range from 0-2.9%
0.2 pips
$0.53 spread
Native platform for web and mobile trading, MT4, cTrader
Plus500
Stocks, ETFs, forex, commodities, indices, options, crypto
2,800+
0% commission on all markets
None
0.8 pips
0.74% spread
Native platform for web and mobile trading
XM
Stocks, ETFs, forex, commodities, indices, options, crypto
1,000+
Standard account offers 0% commission
None
1 pip on standard account
5.85 pip spread
MT4, MT5, proprietary app for iOS and Android
CMC Markets
Stocks, ETFs, forex, commodities, indices, treasuries, crypto
12,000+
0% on all markets apart from stocks and ETFs
None
0.7 pips
0.0145%
Native NGEN platform for web and mobile trading, MT4
How We Select the Best Australian CFD Brokers?
Choosing the best broker for CFDs in Australia can be challenging, considering the number of factors that need to be considered.
To help clear the mist, below we explain the core requirements that we look for in a top-rated broker.
ASIC Regulation
Make no mistake about it, traders should focus on CFD brokers that are regulated by ASIC – such as eToro. This offers a full suite of protections that ultimately – ensures that Australians can trade in a safe online environment.
Supported CFD Markets
Most of the CFD brokers reviewed today support a variety of markets across stocks, forex, crypto, and commodities. Indices, ETFs, and bonds are often supported too.
Fees
The best CFD brokers in Australia offer access to a low-cost trading environment.
Check out the fee table below for a recap of what fees to expect when engaging in CFD trading online:
CFD Brokers
Pricing System
Deposit Fee
EUR/USD Spread (From)
Account Fees
eToro
0% commission on real stocks and ETFs. 1% on real crypto. Spread-only on CFD markets.
0.50%
1 pip
0.5% deposit fee, $10 inactivity fee, $5 withdrawal fee
XTB
0% commission on all markets
$0 on debit/credit cards, 2% on Skrill
0.1 pip
$10 inactivity fee
Vantage
Low commissions on trades, starting from $6 + low spreads
None
0.0 – 0.2 pips per spread with the RAW ECN account
None
Avatrade
0% commission on all markets
None
0.9 pips
$50 inactivity fee
Pepperstone
$3.50 commission per lot on razor account, 0% commission on standard account
None
From 0.0 pips on razor account, 0.6 pips on standard account
None
IG
0% commission on all CFD markets other than stocks
1% on Visa, 0.5% on MasterCard
0.6 pips
1% on Visa, 0.5% on MasterCard, $18 inactivity fee
Skilling
0% on standard accounts
Debit/credit cards are free, e-wallets range from 0-2.9%
0.2 pips
None
Plus500
0% commission on all markets
None
0.8 pips
$12 inactivity fee
XM
Standard account offers 0% commission
None
1 pip on standard account
$5 inactivity fee
CMC Markets
0% on all markets apart from stocks
None
0.7 pips
$10 inactivity fee
Tools and Analysis
Seasoned day traders will often require access to technical indicators and chart drawing tools. This is something offered by all of the CFD brokers discussed on this page.
Another popular tool to check out is the eToro Copy Trading service, which offers a 100% passive investment experience.
Minimum Deposit
The best CFD brokers in Australia support traders of all budgets. At eToro, traders can open an account for just $50.
Demo Account
Consider choosing a CFD broker that offers a free demo account without the need to make a deposit. This will enable traders to test the CFD broker out before making a financial commitment.
Mobile App
The best CFD brokers in Australia not only offer a mobile app that is optimized for Android and iOS smartphones, but full account functionality.
Payment Methods
Top CFD brokers in Australia – including eToro, support bank wires, multiple e-wallets, and debit/credit cards on a fee-free basis. This makes the funding process simple, convenient, and cost-effective.
Customer Service
Before choosing a CFD broker, check out its customer service department. For instance, what hours do the customer service team operate and what support methods are offered?
How to Start Trading CFDs With a Regulated Australian Broker
Trading CFDs online has never been more straightforward – at least in terms of getting set up and placing an order.
To highlight this, the tutorial below explains how to open an account, make a deposit, and place a CFD trading position with eToro in less than five minutes.
Step 1: Open an eToro Account
First, create an account with eToro by entering some basic personal information.
This includes a:
- Full Name
- Home Address
- Telephone Number
- Nationality
New customers will also need to choose a username and password.
As an ASIC-regulated provider, there is also a quick KYC process to complete at eToro.
This requires the user to upload a clear copy of a government-issued ID.
Step 2: Deposit Funds
eToro supports many payment methods, from Visa and MasterCard to bank wires and several e-wallets.
All payment methods, apart from bank wires, require a minimum deposit of $50.
Step 3: Search for Asset to Trade
The easiest way to find a market to trade is via the search box.
In the example above, we are searching for Amazon stock.
Step 4: Trade CFDs
Click on the chosen market to load up an order form. Choose from a buy (long) or sell (position), depending on predicted price movement. Enter a stake and if applicable, deploy leverage.
After confirming the order, the trade will be placed.
Conclusion
Australians have access to a wide selection of CFD providers – many of which offer thousands of markets alongside competitive spreads and commissions.
eToro is particularly popular and perhaps the overall best CFD broker in Australia for both beginners and seasoned pros.
After opening an account, this ASIC-regulated provider offers access to thousands of stocks, currencies, crypto assets, indices, and more, plus tight spreads and leverage.
79% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.