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TradersBest.com / Best Online Brokers in Australia 2026

Best Online Brokers in Australia 2026

Alexander Foster
Alexander Foster
Last Updated on 10/04/2026

Finding the best online broker in Australia can be hard to do in 2026. There are houndreds of brokers to choose from, some shady, some great, some terrible. How do you know which one to choose?

TradersBest.com does that job for you. We’ve spent hours upon hours combing through the various providers, and have made it easy for you to select the one that suits your needs.

Continue to read on and find your broker today.

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Top Brands
WBroker
4.7/5
TMGM
4.7/5
FP-Markets
4.7/5

Compare the Best Brokers in Australia

Crypto
Stocks
Forex
Futures
CFD
ETF
Bonds
Crypto Exchange
WBroker
Recommended
Favicon
4.7/5
  • Stablecoins featured here
  • Low trading costs
  • Safe crypto platform
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
Visit Site
T&Cs apply, 18+
Payment Methods
Mastercard
Visa
Tether
License
SFC - Securities & Futures Commission of Hong Kong
Show less
TMGM
Hot Offer
Favicon
4.7/5
  • Access to highly liquid cryptos
  • Access to markets seven days a week
  • Familiar trading with your MT4 platform
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
Visit Site
T&Cs apply, 18+
Payment Methods
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
FP-Markets
Hot Offer
Favicon
4.7/5
  • Award-winning customer support
  • Educational tools available
  • Regulated and licensed
Minimum Deposit
60.00€
Deposit Protection
20,000.00€
Amount of Currencies
12
BTC/USD Spread
21.08
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
PayPal
Bank Transfer
+
Apps
License
ASIC - Australian Securities and Investments Commission
Show less
Eightcap
4.
Favicon
4.7/5
  • Trade over 250 different crypto derivatives
  • No wallet requirement with crypto CFDs
  • Low spreads on major cryptocurrencies
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
POLi
+
License
ASIC - Australian Securities and Investments Commission
Show More
Multibank
5.
Favicon
4.7/5
  • Negative balance protection
  • 24-hour execution
  • Good trading hours
Minimum Deposit
$50.00
Deposit Protection
$100,000.00
Amount of Currencies
2
BTC/USD Spread
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
SWIFT
+
Apps
License
ASIC - Australian Securities and Investments Commission
Show More
WBroker
Recommended
Favicon
4.6/5
  • Major stocks featured
  • Top exchanges covered
  • Minimal trading fees
Account Fee
Order Fee National
Order Fee International
Deposit Protection
Visit Site
T&Cs apply, 18+
Payment Methods
Mastercard
Visa
Tether
License
SFC - Securities & Futures Commission of Hong Kong
Show less
Kraken
Hot Offer
Favicon
4.5/5
  • Robust security measures
  • Hack-free history
  • Reliable brokerage services
Account Fee
Order Fee National
Order Fee International
Deposit Protection
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
License
ASIC - Australian Securities and Investments Commission
Show less
TMGM
Hot Offer
Favicon
4.5/5
  • Reputable Broker
  • Great offer of instruments
  • Fast platform
Account Fee
Order Fee National
Order Fee International
Deposit Protection
Visit Site
T&Cs apply, 18+
Payment Methods
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
Eightcap
4.
Favicon
4.5/5
  • Over 250 stock CFDs available
  • Trade on spreads as low as 0.0pips
  • Top US, European, and Australian stock options
Account Fee
Order Fee National
Order Fee International
Deposit Protection
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
POLi
+
License
ASIC - Australian Securities and Investments Commission
Show More
Vantage FX
5.
Favicon
4.5/5
  • Try a demo trading account first
  • A choice of trading platforms for accessing global stock markets
  • No commission fees and a clear pricing structure
Account Fee
$0.00
Order Fee National
0.00%
Order Fee International
0.00%
Deposit Protection
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show More
Kraken
Recommended
Favicon
4.5/5
  • Extensive educational materials
  • Affordable trading fees
  • Diverse fiat currency options
Minimum Deposit
10.00€
Deposit Protection
20,000.00€
Maximum Leverage
Trading Platforms
Android
iOS
Web
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
License
ASIC - Australian Securities and Investments Commission
Show less
TMGM
Hot Offer
Favicon
4.5/5
  • Fast execution of trades
  • The market is catered to all traders and is open 24/5
  • Thin spreads available
Minimum Deposit
Deposit Protection
Maximum Leverage
Visit Site
T&Cs apply, 18+
Payment Methods
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
FP-Markets
Hot Offer
Favicon
4.5/5
  • Low forex fees
  • Easy and fast account opening
  • Quick deposits and withdrawals
Minimum Deposit
60.00€
Deposit Protection
20,000.00€
Maximum Leverage
1:500
Trading Platforms
Android
iOS
MT4
MT5
Custom
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
PayPal
Bank Transfer
+
Apps
License
ASIC - Australian Securities and Investments Commission
Show less
Vantage FX
4.
Favicon
4.5/5
  • Permanent demo account available
  • Helpful tools and resources
  • A generous deposit match bonus offer
Minimum Deposit
$200.00
Deposit Protection
Maximum Leverage
1:500
Trading Platforms
Android
iOS
MT4
MT5
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show More
Eightcap
5.
Favicon
4.5/5
  • Over 40 Forex pairs on offer
  • Forex in nine different time frames
  • Trade Forex on both the MT4 and MT5 platform
Minimum Deposit
Deposit Protection
Maximum Leverage
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
POLi
+
License
ASIC - Australian Securities and Investments Commission
Show More
Vantage FX
Recommended
Favicon
4.6/5
  • World-leading MT4 and MT5 trading platforms
  • Useful onsite learning resources
  • Global listed companies from Europe, UK, AU and the US
Minimum Deposit
$200.00
Deposit Protection
Trading Costs
Mini Contracts
Yes
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
TMGM
Hot Offer
Favicon
4.5/5
  • Ability to diversify your portfolio
  • Access to over 12,000 products on the platform
  • You can trade CFDs over several asset classes
Minimum Deposit
Deposit Protection
Trading Costs
Mini Contracts
No
Visit Site
T&Cs apply, 18+
Payment Methods
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
Eightcap
Hot Offer
Favicon
4.5/5
  • Trade CFD instruments including crypto
  • No fees charged on CFD products
  • Low margins on stock CFDs
Minimum Deposit
100.00€
Deposit Protection
Trading Costs
Mini Contracts
No
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
POLi
+
License
ASIC - Australian Securities and Investments Commission
Show less
FP-Markets
4.
Favicon
4.5/5
  • No withdrawal fees
  • Several base currencies
  • Demo-account available
Minimum Deposit
60.00€
Deposit Protection
20,000.00€
Trading Costs
Mini Contracts
Yes
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
PayPal
Bank Transfer
+
Apps
License
ASIC - Australian Securities and Investments Commission
Show More
Multibank
5.
Favicon
4.5/5
  • Over 15,000 companies to invest in
  • Zero commission fees
  • Margins as low as just 5%
Minimum Deposit
$50.00
Deposit Protection
$100,000.00
Trading Costs
from 3.00€
Mini Contracts
Yes
Visit Site
T&Cs apply, 18+
Payment Methods
Neteller
Skrill
SWIFT
+
Apps
License
ASIC - Australian Securities and Investments Commission
Show More
WBroker
Recommended
Favicon
4.6/5
  • Plenty of ETFs
  • Low trading costs
  • Major exchanges featured
Minimum Deposit
Order Fee National
Licence
SFC - Securities & Futures Commission of Hong Kong
Saving Plans Available
No
Visit Site
T&Cs apply, 18+
Payment Methods
Mastercard
Visa
Tether
License
SFC - Securities & Futures Commission of Hong Kong
Show less
Avatrade
Hot Offer
Favicon
4.5/5
  • Low spreads with 5:1 leverage
  • A large variety of ETFs to trade, along with indices and stocks
  • High-quality customer service, education material and research tools
Minimum Deposit
250.00€
Order Fee National
0.13%
Licence
ASIC - Australian Securities and Investments Commission
Saving Plans Available
No
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
Show less
Plus500
Hot Offer
Favicon
  • Control your profits and losses
  • Trade ETFs with leverage
  • Advanced technical analysis tools
Minimum Deposit
50.00€
Order Fee National
Licence
ASIC - Australian Securities and Investments Commission
Saving Plans Available
No
Payment Methods
Skrill
PayPal
Bank Transfer
+
License
ASIC - Australian Securities and Investments Commission
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Show less
Interactive Brokers
4.
Favicon
  • Huge selection of ETFs and stocks to trade in
  • Advanced Market Scanner
  • Make trading decisions based on your personal values
Minimum Deposit
2,000.00€
Order Fee National
Licence
ASIC - Australian Securities and Investments Commission
Saving Plans Available
Yes
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
Show More
Interactive Brokers
Recommended
Favicon
  • Over one million bonds to choose from
  • A wealth of helpful trading tools
  • Compare prices with other brokers
Payment Methods
Bank Transfer
Visa
Mastercard
License
ASIC - Australian Securities and Investments Commission
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
Show less
Coinbase
Recommended
Favicon
4.6/5
  • Straightforward site design
  • Quality trading app available
  • One of the most popular exchanges
Visit Site
T&Cs apply, 18+
Payment Methods
PayPal
Bank Transfer
Visa
+
License
SIPC - Securities Investor Protection Corporation (USA - not governmental)
Show less
Wirex
Hot Offer
Favicon
4.6/5
  • Over 30 tradable cryptocurrencies·
  • No account management fees or inactivity fees
  • Several unique crypto rewards
Visit Site
T&Cs apply, 18+
Payment Methods
Visa
Mastercard
License
FCA - Financial Conduct Authority
Show less
Kraken
Hot Offer
Favicon
4.5/5
  • Largest supported currencies
  • Reward offered
  • 24/7 customer support
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
License
CNMV - Comisión Nacional del Mercado de Valores
Show less
Binance
4.
Favicon
4.5/5
  • Competitive Rates
  • P2P Trading
  • Credit/Debit card deposits
Visit Site
T&Cs apply, 18+
Payment Methods
Bank Transfer
Visa
Mastercard
+
License
ASIC - Australian Securities and Investments Commission
Show More