Best Australian Brokers By Categories

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Our Top 3 Picks

eToro

4.6
ASIC Regulated
Min Deposit: $50
Copy Trading

Pros

  • Social copy trading
  • 5,000+ assets
  • Free education

Cons

  • 0.5% FX conversion
  • $5 withdrawal fee

CMC Markets

4.5
ASIC Regulated
Min Deposit: $200
Trading Fee: 0.1%

Pros

  • Low fees
  • Great platform
  • Fast execution

Cons

  • High inactivity fee
  • Limited crypto

Interactive Brokers

4.6
Commission from 0.08%
Global Market Access
Professional Tools

Pros

  • Lowest margin rates
  • Advanced platform
  • Global markets

Cons

  • Complex for beginners
  • High min deposit

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Latest Broker Reviews

eToro

4.6
ASIC Regulated
Min Deposit: $50
Copy Trading

Pros

  • Social copy trading
  • 5,000+ assets
  • Free education

Cons

  • 0.5% FX conversion
  • $5 withdrawal fee

Interactive Brokers

4.6
Commission from 0.08%
Global Market Access
Professional Tools

Pros

  • Lowest margin rates
  • Advanced platform
  • Global markets

Cons

  • Complex for beginners
  • High min deposit

Superhero

3.7
$5 Trades under $1000
Low Cost Trading
Mobile First

Pros

  • Easy to use
  • Low fees
  • Quick setup

Cons

  • Basic features
  • Limited markets

Moomoo

4.4
CHESS Sponsored
Min Deposit: $1
ASX from $3

Pros

  • Low trading fees
  • Free Level 2 data
  • CHESS ownership

Cons

  • No forex or crypto
  • ~0.5% FX conversion

Popular Broker Comparisons

eToro vs Interactive Brokers
Social vs professional trading
Moomoo vs Interactive Brokers
Modern fintech vs global powerhouse
Moomoo vs eToro
Advanced tools vs copy trading

Why Trust Our Broker Reviews?

ASIC Regulated Only
We only review licensed Australian brokers
Real Account Testing
We test with real money accounts
Monthly Updates
Reviews updated every month
Fee Transparency
All costs clearly explained
Broker Assets Min. Deposit CHESS Rating Review
eToro Stocks, ETFs, CFDs, Crypto $50 No 4.6/5 eToro Review
CMC Markets Stocks, ETFs, CFDs, Options $0 Yes 4.5/5 CMC Markets Review
Moomoo Stocks, ETFs, US Options $0 Yes 4.4/5 Moomoo Review
Superhero Stocks, ETFs $0 No 3.7/5 Superhero Review