CFD trading platforms

Compare the best CFD trading platforms in Australia.

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
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Updated 1 Apr 2025   |   Rates updated regularly

Comparing of 8 CFD trading platforms

AvaTrade CFD

On website

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.
Pepperstone CFD

On website

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

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.
Saxo Invested CFD

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.
IG CFD

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.
CMC Markets CFD

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.
Plus500 CFD

Not available for application via this website

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.
ThinkMarkets CFD

Not available for application via this website

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.
Blueberry Markets CFD

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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