CFD trading platforms

Compare the best CFD trading platforms in Australia.

Written by Bill Ryan Natividad |

Verified by David Boyd

Updated 1 Apr 2025 |

Comparing of 8 CFD trading platforms

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Trading CFDs and FX Options entail risk and could result in the loss of your capital.

Featured

AvaTrade CFD

Highlights

Access to 1250+ CFD instruments - commodities, indices, ETFs, shares, bonds and cryptocurrencies.
Use leverage on various CFDs to amplify your exposure to the markets.
Manage your trades manually via MT4, MT5, and Webtrader, or use our automated trading platforms.

Pros

Regulated by the ASIC.
AvaTrade has been serving clients since 2006, establishing a strong reputation in the trading industry.
AvaProtect helps protect your trades from losses, offering added peace of mind.
Access to valuable resources like Trading Central and AvaSocial to enhance your trading experience.
Offers a wide range of educational materials, including eBooks, webinars, and advanced trading courses.
Copy trading allows you to follow successful traders and mirror their strategies.
No deposit or withdrawal fees, making managing your funds easier and more cost-effective.

Cons

Inactivity fees range from $50 to $60 if you don't trade for three months.
No guaranteed stop losses, which means you might face higher risks if the market moves quickly.
Withdrawals can take up to 3 days.

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On website

Trading CFDs and FX carries significant risk and is not suitable for everyone

Pepperstone CFD

Highlights

Get razor-sharp pricing from Tier 1 banks with consistently competitive spreads.
No deposit or withdrawal fees, and no inactivity fees—keeping costs low.
Access a wide range of products, giving you new opportunities across different time zones.

Pros

Get live Australian market data at no extra cost.
Take advantage of useful educational resources to improve your trading skills.
Competitive pricing with fees in line with industry standards.
Shares CFDs offer a way to hedge positions and trade with leverage, making them less capital-intensive.
Easier short-selling of stocks through Shares CFDs, combined with leverage, lets you trade on falling stock prices.
Regulated by top authorities like ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB for added peace of mind.

Cons

The chat service may have long wait times.
The MetaTrader platform may feel basic, lacking some advanced features that other platforms offer.
Some users report concerns about trade execution.

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On website

Trading can result in losses. Please ensure you understand the risks.

Saxo Invested CFD

Highlights

Trade from a wide range of over 9,000 CFDs with just one account.
Take advantage of ultra-competitive pricing on CFDs.
Saxo Markets is regulated across 15 jurisdictions, providing global trust and security for investors.

Pros

Choose from three pricing tiers- Classic, Platinum, or VIP, to match your trading needs.
Access to advanced charting with over 50 technical indicators, Trade Signals, and smart risk-management tools.
Earn interest on your uninvested cash, adding value to your account.
Supports advanced order types to enhance your trading strategies.
CHESS-sponsored ASX trades for added security and transparency.
Trade US CFDs during extended hours, from 7 am to 5 pm (GMT-4).
Get 24/7 customer support so you're always covered.

Cons

High fees may make it less cost-effective for frequent traders.
Minimum deposit requirements apply in some countries.
Live pricing is only available with a subscription to the relevant exchange.

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On website

Please ensure you fully understand the risks and take care to manage your exposure.

IG CFD

Highlights

Trade spreads from 0.6 points on key FX pairs like AUD/USD, 1 point on major indices like the Australia 200 and FTSE 100, and 0.3 points on Spot Gold.
Mitigate against risk with IG's extensive range of stop and limit orders.
Round-the-clock assistance from 1 PM Saturday to 7 AM Saturday.

Pros

Maximize your capital’s potential by using leverage.
Go long or short on a wide range of markets to fit your strategy.
Track and mirror the performance of the underlying market with mirror trading.
Take advantage of IG's competitive share trading fees.
Trade with a trusted global CFD provider that offers stability, transparency, and compliance across multiple countries.

Cons

IG’s spreads are higher than those of some competitors.
Only a few order types are available.

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Not available for application via this website

CMC Markets CFD

Highlights

Trade CFDs on over 12,000 instruments across global markets, including Forex, Indices, Commodities, Cryptocurrencies, and more.
No minimum deposit is required.
Take advantage of a wide range of chart types and tools to refine your trading strategies.

Pros

Transparent and competitive pricing.
Access advanced research tools and educational resources to support your trading journey.
You can open a demo account to practice and familiarize yourself with the platform before live trading.
Access to a wide range of products across global markets.
A powerful, feature-rich trading platform that provides everything you need to trade efficiently.

Cons

Stock CFD fees are relatively high compared to other platforms.
Customer service is not always available when needed, with limited access hours.

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Not available for application via this website

Plus500 CFD

Highlights

Trade with leverage of up to 1:30.
No commissions and tight spreads help keep your trading costs low.
Fast and reliable order execution.
$0 fees on deposits, plus real-time forex quotes and live share CFD prices at your fingertips.

Pros

Withdraw funds quickly and securely when needed.
Test strategies risk-free with a free demo account.
Access advanced analytical tools and educational materials to make informed trading decisions.
Get 24/7 customer support in multiple languages for assistance anytime.
Trade with confidence—Plus500 is licensed and regulated by top global authorities.
Backed by Plus500 Ltd, a FTSE 250 company listed on the London Stock Exchange.

Cons

CFD fees are on the higher side compared to some competitors.
Share trading and futures are only available to US-based users.

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Not available for application via this website

ThinkMarkets CFD

Highlights

Trade 4,000+ instruments, including forex, indices, and commodities.
Access real-time data on thousands of stocks at no extra cost.
Commission-free trading on all stock trades.
Use a powerful, mobile-optimized platform with advanced trading tools.

Pros

Flat $8 brokerage fee.
Lower trading costs with tight spreads.
All shares purchased through ThinkMarkets are CHESS-sponsored.
No inactivity fees to worry about.
24/7 client support when you need assistance.
Regulated globally for added trust and security.

Cons

Limited market analysis tools compared to some competitors.
No options trading available.

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Not available for application via this website

Blueberry Markets CFD

Highlights

Access deep liquidity with fast trade execution.
Trade with a low minimum size of 0.01 lots.
Fixed 5:1 maximum leverage keeps risk levels clear and manageable.

Pros

Low commissions make share CFD trading more cost-effective.
Test strategies risk-free with a demo account loaded with $100,000 in virtual funds.
Trade on your terms using MetaTrader 4 or MetaTrader 5.
Get real support from a dedicated sales trader when you need it.
Simple deposit and withdrawal process.

Cons

Fewer trading markets compared to larger CFD providers.
Lacks advanced research tools and market analysis features found in other platforms.

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