brokerguide
Discover the best online brokers and trading platforms in Australia for 2025, carefully selected based on regulation, fees, platform features, and customer support.
Whether you’re a beginner or an experienced trader, this list highlights the best brokers to suit your trading needs.
1. Interactive Brokers – Best broker and trading platform, offering low fees, global market access, advanced tools, and strong security.
2. CMC Markets – Best for active traders, offering low spreads, advanced charting tools, a wide range of assets, and strong regulatory protection.
3. Saxo – Best for premium traders, offering advanced tools, extensive market access, competitive pricing, and a sleek, professional platform.
4. Stake – Best for commission-free investing, offering easy access to US and global stocks, a user-friendly platform, and zero FX transfer fees.
5. eToro – Best for social trading, offering commission-free stocks, copy trading features, a user-friendly platform, and access to global markets.
6. Oanda – Best for forex trading, offering competitive spreads, advanced charting tools, fast execution, and strong regulatory oversight.
7. IG – Best for comprehensive market access, offering low spreads, advanced trading tools, and excellent educational support.
8. Admirals – Best for multi-asset investing – combines forex, stocks, ETFs, and CFDs with competitive pricing and a user-friendly platform.
9. Moomoo – Best for low-cost trading, offering zero-commission stocks, advanced research tools, and a seamless mobile experience.
10. Swissquote – Best for premium trading experience – combines professional-grade platforms, diverse investment options, and strong regulatory protection.
Choosing the right online broker in Australia is a big decision that can shape your trading journey. One of the first things to look for is regulation. Brokers licensed by the Australian Securities and Investments Commission (ASIC) operate under strict guidelines, giving you peace of mind that your investments are in safe hands.
Security is another must-have. Reliable brokers go the extra mile to protect your funds and personal information, using features like two-factor authentication, encryption, and segregated accounts to keep everything secure.
Fees can sneak up on you, so it’s important to compare costs. Look closely at spreads, commissions, and any hidden charges like withdrawal or inactivity fees. The best brokers are upfront about their pricing, so there are no surprises.
If you’re interested in trading beyond Australian markets, it’s worth finding a broker that offers access to international exchanges. Whether it’s global stocks, currencies, or commodities, having that option opens up plenty of opportunities to diversify your portfolio.
To make things easier, we’ve put together a detailed comparison table of the top online brokers in Australia. Check it out to find the one that best suits your needs!
Broker | Overall Rating | Minimum Deposit | Account Opening Time | ASIC Regulated |
---|---|---|---|---|
Interactive Brokers | 4.9/5 | $0 | 1-3 days | ![]() |
CMC Markets | 4.8/5 | $0 | 1-3 days | ![]() |
Saxo | 4.8/5 | $0 | 1 day | ![]() |
Stake | 4.7/5 | $0 | 1 day | ![]() |
eToro | 4.7/5 | $0 | 1 day | ![]() |
Oanda | 4.6/5 | $0 | 1-3 days | ![]() |
IG | 4.6/5 | $0 | 1-3 days | ![]() |
Admirals | 4.5/5 | $100 | 1 day | ![]() |
Moomoo | 4.5/5 | $0 | 1-3 days | ![]() |
Swissquote | 4.4/5 | $0 | 1 day | ![]() |
Need help selecting an online broker in Australia? Learn about the most trusted platforms and why they’re so popular. These data is from our users.
If you’re trading stocks in Australia, it’s important to know how much you’re paying in fees—it can really add up! Different brokers have their own pricing structures. Some even tack on extra charges like account fees or inactivity penalties. In this guide, we’ll compare stock trading fees in Australia to help you make informed decisions. The key is to compare your options and find a broker that fits your budget and trading style. A little research can go a long way toward boosting your profits.
Broker | US Stock | UK Stock |
---|---|---|
Interactive Brokers | $1 | $3.8 |
CMC Markets | $0 | $0 |
Saxo | $1.6 | $3.8 |
Stake | $3 | Not Available |
eToro | $0 | $0 |
Oanda | $0 | $0 |
IG | $10 | $10 |
Admirals | $0 | $0 |
Moomoo | $0 | Not Available |
Swissquote | $10 | $12.6 |
Beyond trading fees, both Australian and international brokers may apply additional charges that can affect your total costs. These include account maintenance fees, withdrawal charges, inactivity fees, and currency conversion costs. Understanding these extra fees is vital to prevent unexpected expenses and to choose a broker that aligns with your trading preferences and financial strategy.
Broker | Account Fee | Inactivity Fee | Withdrawal Fee | Deposit Fee |
---|---|---|---|---|
Interactive Brokers | ![]() | ![]() | $0 | $0 |
CMC Markets | ![]() | ![]() | $0 | $0 |
Saxo | ![]() | ![]() | $0 | $0 |
Stake | ![]() | ![]() | $0 | $0 |
eToro | ![]() | ![]() | $5 | $0 |
Oanda | ![]() | ![]() | $0 | $0 |
IG | ![]() | ![]() | $0 | $0 |
Admirals | ![]() | ![]() | $0 | $0 |
Moomoo | ![]() | ![]() | $0 | $0 |
Swissquote | ![]() | ![]() | $10 | $0 |
Investing in stocks is one of the most popular ways to build wealth over time. For Australians, the stock market offers numerous opportunities to grow their investments, both locally and internationally. This guide will walk you through the process of investing in stocks from Australia, covering everything from understanding the basics to choosing a broker, creating a strategy, and avoiding common mistakes.
Before getting into stock investing, it’s essential to understand the fundamentals:
What Are Stocks?
Stocks, also known as shares, represent ownership in a company. When you buy a stock, you’re purchasing a piece of that company’s future earnings.
How the Australian Securities Exchange (ASX) Works
The ASX is the primary stock exchange in Australia, hosting some of the country’s largest companies, such as BHP, Commonwealth Bank, and CSL. It’s where investors can buy and sell shares of publicly listed companies.
Types of Stocks
1. Set Your Financial Goals
Before investing, define your financial objectives. Are you saving for retirement, a house deposit, or simply looking to grow your wealth? Clear goals will shape your investment strategy.
2. Learn About the Market
Familiarize yourself with stock market basics, including:
3. Choose a Broker
Selecting the ideal broker is critical to your trading success. At Broker Guide, our expertise helps you find the perfect match for your unique goals and trading strategy. We prioritize your safety. We exclusively recommend brokers that are rigorously regulated by at least one reputable financial authority. Ready to find the best broker? Here’s our Top 10 Recommended Brokers for Australian investors:
4. Open a Trading Account
To start investing, you’ll need to create a trading account with your chosen broker. Provide the required documents, such as identification and proof of address, to complete the setup.
5. Fund Your Account
Once your account is open, deposit funds to begin trading. Be mindful of currency conversion fees if investing in international stocks.
Compare the top online brokers head-to-head. This easy-to-understand guide highlights each broker’s strengths and weaknesses, helping you identify the ideal platform for your specific investment goals and trading style.
Interactive Brokers is a low-cost, global trading platform with access to diverse markets and advanced tools
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Account Opening Time | 1-3 Days |
Inactivity Fee | ![]() |
Review | Read Here |
CMC Markets is a leading platform offering CFD trading, forex, and access to global markets with top-of-the line trading tools.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Credit Cards and Debit cards |
Withdrawal Method | Bank Transfer, Credit Cards and Debit cards |
Withdrawal Fee | $0 |
Account Opening Time | 1-3 Days |
Inactivity Fee | ![]() |
Review | Read Here |
Saxo is a premium online broker offering a wide range of investment options, including stocks, forex, and CFDs, with advanced tools and global market access.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $5000 - $10,000 |
Deposit Method | Bank Transfer, Credit Cards and Debit Cards |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Account Opening Time | 1 Day |
Inactivity Fee | ![]() |
Review | Read Here |
Stake is a user-friendly platform offering access to U.S., Australian, and New Zealand stocks with commission-free trading.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $1 |
Deposit Method | Bank Transfer, PayTo, Apple Pay, Google Pay, Credit Card, Debit Card |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Account Opening Time | 1 Day |
Inactivity Fee | ![]() |
Review | Read Here |
Best for social trading, combines zero-commission stocks with an innovative platform for copying top investors’ strategies.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $50 |
Deposit Method | Bank Transfer, Credit and Debit Cards, eToro Money, Neteller, Skrill, Klarna, Giropay, Trustly, iDEAL, RapidTransfer, Przelewy 24 |
Withdrawal Method | Bank Transfer, Credit and Debit Cards, eToro Money, Neteller, Skrill, Klarna, Giropay, Trustly, iDEAL, RapidTransfer, Przelewy 24 |
Withdrawal Fee | $5 |
Account Opening Time | 1 Day |
Inactivity Fee | ![]() |
Review | Read Here |
Best for forex traders, delivers competitive spreads, powerful charting tools, and a reliable platform for currency trading.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Credit Cards, Debit Cards, PayPal, Skrill, Neteller |
Withdrawal Method | Bank Transfer, Credit Cards, Debit Cards, PayPal, Skrill, Neteller |
Withdrawal Fee | $0 |
Account Opening Time | 1-3 Days |
Inactivity Fee | ![]() |
Review | Read Here |
IG is a global broker providing access to stocks, forex, and CFDs, known for its powerful tools and broad market reach.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Credit Card, Debit Card, HK FPS, Wise |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Account Opening Time | 1-3 Days |
Inactivity Fee | ![]() |
Review | Read Here |
Admirals is an online broker providing access to forex, stocks, and CFDs, known for its flexible platforms and educational resources.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $100 |
Deposit Method | Bank Transfer, Debit Card, Credit Card, Skrill, Neteller, Crypto |
Withdrawal Method | Bank Transfer, Debit Card, Skrill, Neteller, Crypto |
Withdrawal Fee | $0 |
Account Opening Time | 1 Day |
Inactivity Fee | ![]() |
Review | Read Here |
Moomoo is a user-friendly trading app offering commission-free stock trading, advanced analysis tools, and access to global markets.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Wise |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Account Opening Time | 1-3 Days |
Inactivity Fee | ![]() |
Review | Read Here |
Best for secure investing, robust trading tools, diverse asset options, and strong regulatory protection for global traders.
Interactive Brokers Overview | Interactive Brokers Data |
---|---|
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Credit Cards, Debit Cards |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $10 |
Account Opening Time | 1 Day |
Inactivity Fee | ![]() |
Review | Read Here |
When determining the top online brokers in Australia, we used a comprehensive evaluation process based on key criteria to ensure our recommendations suit a wide range of investors.
Here how we assessed and ranked the best platforms:
1. Fees and Costs
We compared brokerage fees, account maintenance charges, withdrawal costs, and any hidden fees. Low-cost brokers ranked highly for their transparency and affordability.
2. Platform Usability
We analyzed the user interface, mobile app functionality, and ease of navigation. Platforms such as Interactive Brokers and Stake scored well for being intuitive and beginner-friendly.
3. Range of Investment Options
We evaluated the variety of assets offered, including Australian and international stocks, ETFs, CFDs, and forex. Brokers like Interactive Brokers and IG stood out for their extensive global market access.
4. Trading Tools and Features
Advanced tools, research capabilities, charting options, and educational resources were considered. Saxo and CMC Markets performed strongly in this area, catering to experienced investors.
5. Customer Support
We assessed the availability and quality of customer support, including response times and accessibility through phone, email, or live chat.
6. Reputation and Regulation
We prioritized brokers regulated by ASIC (Australian Securities and Investments Commission) to ensure safety and compliance. Long-standing brokers like Interactive Brokers, Saxo and CMC Markets benefited from their strong reputation in the industry.
7. Accessibility for Beginners
Platforms offering educational resources, demo accounts, and easy onboarding processes earned extra points. Moomoo and Stake excelled in catering to first-time investors.
By combining these factors, we created a balanced ranking system to highlight the best online brokers in Australia for investors of all experience levels.
Yes, you need to pay capital gains tax on profits and report dividends as income. Franking credits can help reduce your tax bill.
The ASX200 is a market index that tracks the performance of the top 200 companies listed on the Australian Securities Exchange. It provides a snapshot of the overall market health and is often used as a benchmark for investment performance.
Yes, brokers like Interactive Brokers and Saxo provide access to U.S. stocks. Be aware of currency conversion fees and withholding taxes.
Franking credits are tax credits attached to dividends paid by Australian companies. They allow investors to avoid double taxation on dividends, reducing their overall tax liability.
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