Online Broker Reviews for Australia 2022

There are hundreds of online brokers and CFD providers to choose from these days, with new operators always trying to establish themselves.

This can make it quite difficult to find a reliable broker or provider that caters to your trading needs.

So how do you sort the bad apples from the good ones?

That’s where TradersBest.com comes in. We put both new and established providers through their paces with our online broker reviews and help you find a safe and reliable place to trade.

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Broker of the Month

Best brokers and CFD providers

Stocks
Forex
Crypto
Rating
96/100
Order Fee National
Order Fee International
Deposit Protection
WBroker Review Visit Site
Rating
95/100
Order Fee National
0.00%
Order Fee International
0.00%
Deposit Protection
20,000.00€
Capital.com Review Visit Site
Rating
95/100
Order Fee National
0.00%
Order Fee International
0.00%
Deposit Protection
$20,000.00
eToro Review Visit Site
Rating
95/100
Order Fee National
Order Fee International
Deposit Protection
TMGM Review Visit Site
Rating
95/100
Order Fee National
Order Fee International
Deposit Protection
Eightcap Review Visit Site
Rating
96/100
Minimum Deposit
20.00€
Deposit Protection
20,000.00€
Maximum Leverage
1:50
Trading Platforms
MT4
Web
Capital.com Review Visit Site
Rating
96/100
Minimum Deposit
$50.00
Deposit Protection
$20,000.00
Maximum Leverage
1:30
Trading Platforms
Android
iOS
Custom
eToro Review Visit Site
Rating
96/100
Minimum Deposit
Deposit Protection
Maximum Leverage
Trading Platforms
TMGM Review Visit Site
Rating
96/100
Minimum Deposit
$200.00
Deposit Protection
Maximum Leverage
1:500
Trading Platforms
Android
iOS
MT4
MT5
Vantage FX Review Visit Site
Rating
96/100
Minimum Deposit
Deposit Protection
Maximum Leverage
Trading Platforms
Eightcap Review Visit Site
Rating
93/100
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
WBroker Review Visit Site
Rating
93/100
Minimum Deposit
20.00€
Deposit Protection
20,000.00€
Amount of Currencies
480
BTC/USD Spread
110
Capital.com Review Visit Site
Rating
93/100
Minimum Deposit
$50.00
Deposit Protection
$20,000.00
Amount of Currencies
94
BTC/USD Spread
1 %
eToro Review Visit Site
Rating
93/100
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
TMGM Review Visit Site
Rating
93/100
Minimum Deposit
Deposit Protection
Amount of Currencies
BTC/USD Spread
Eightcap Review Visit Site

Online Broker Reviews – How We Test

We aim to provide you with insightful and thorough broker or CFD provider reviews. That way you have all the necessary information at your disposal to make an informed decision about what’s right for you. You’ll rest easy knowing you did so by using a comparative, objective point of view.

In our reviews, you’ll find a range of facets we take into account. We provide overall ratings to each broker and provider based on their performance in these categories. The following sections refer to some of the categories we use for our objective testing and it’s what you can expect to find when reading our online broker tests.

Usability

We take great pride in offering you a user-friendly and hopefully, enlightening, experience on our website. We expect the same from the online brokers and CFD providers offering their services to you. By visiting the official websites and creating demo accounts, we’re able to identify which operators offer customers the best user experience. Ease of navigation and low-latency is important, especially when you’re trading on a daily basis. You’ll want to know that your chosen platform is able to provide a consistent interface that is innovative and intuitive.

Trading Platforms 

One of the most important aspects of an online broker and CFD provider is the trading platforms employed. Nowadays, you can expect a range of different platforms, each serving a certain trader or trading product. However, the standardized platforms one can expect include a web, desktop, and mobile platform. These three provide users with sufficient access wherever they may find themselves. We’ll assess the strengths and weaknesses of each platform and rate them accordingly.

Payments and Deposit Protection 

Funding your account shouldn’t be a hassle and you’ll definitely want to know that your money is safely secured. We’ll do a deep dive into the security measures and protocols put in place by each online broker or CFD provider. Sensitive information must be encrypted and stored securely. We’ll identify which type of security certificates are in the possession of the brokers, and list all possible payment methods. Nowadays, it’s relatively easy funding an online account. We’ll outline the steps you need to take in order to link your broker or provider account with your chosen payment method.

Customer Service 

We value our readers, and put special emphasis on the ability of providers to look after their own clients. A strong customer service department is a fundamental building block to the success of any online company. Staying engaged with clients and addressing any queries or problems is vital. We’ll outline all the available contact information and communication avenues at your disposal. For traders, this is especially important. Trading can be an around-the-clock endeavor and we’ll ensure you know exactly how to get hold of your provider, no matter the time of day.

Trading Products 

A large slice of our broker and CFD provider reviews analyze the trading products on offer by each respective operator. Whether you’re looking for the best online futures brokers or the best online CFD provider for commodities CFDs, we will outline the available trading products that you can expect to trade with if you sign up with an operator. We’ll provide you with clarity on the pricing of each trading product and to what degree, you have access to various exchanges. We’ll link this to the available platforms you have at your fingertips and which go hand in hand.

Conclusion – Broker Reviews Round Up

We hope that you find our online broker reviews helpful and that they act as a guide in your decision-making process. The broker or CFD provider reviews will be updated to reflect accurate, current information and you’ll always have up-to-date online broker deals and promotions available at the click of a button. We’re set on providing our readers with expert tips and knowledgeable reviews that make your life easier.

To end off, we’d like to mention that choosing an online broker or CFD provider should be an exciting experience. The world of online trading might be volatile and unexpected at times, but it’s stimulating and empowering too. Having the ability to manage your own finances and make accurate, informed choices is a fantastic thing. In order to do so, you’ll need an operator that you can trust. Our broker and CFD provider reviews will provide you with just that – an online broker with the right capabilities.

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