Best Day Trading Platforms and Brokers in Australia 2025
The best brokers in Australia offer low fees, a range of day trading tools and favorable execution. Importantly, many platforms deliver conditions that ensure secure and convenient day trading for Aussie clients, including oversight from the Australian Securities and Investments Commission (ASIC) and live accounts in AUD.
We also like to see platforms that offer excellent exposure to Australian markets, including the Australian Securities Exchange (ASX) and popular Aussie currency pairs like AUD/USD.
Our analysts have thoroughly tested hundreds of platforms and compiled a list of the best brokers for day trading in Australia. Many firms are ASIC-regulated and consistently top our rankings.
Top 6 Platforms For Day Trading In Australia
Our tests show that these are the 6 best day trading brokers in Australia:
Here is a short overview of each broker's pros and cons
- Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
- Fusion Markets - Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
- AvaTrade - Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- XM - XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
- Eightcap - Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
Best Day Trading Platforms and Brokers in Australia 2025 Comparison
| Broker | ASIC Regulated | AUD Account | Minimum Deposit | Markets | Platforms | Leverage |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | $0 | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower | 1:30 (Retail), 1:500 (Pro) |
| Fusion Markets | ✔ | ✔ | $0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, cTrader, TradingView, DupliTrade | 1:500 |
| AvaTrade | ✔ | ✔ | $100 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | 1:30 (Retail) 1:400 (Pro) |
| XM | ✔ | - | $5 | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | 1:30 |
| Eightcap | ✔ | ✔ | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, TradingView | 1:30 |
| FOREX.com | ✔ | ✔ | $100 | Forex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral | 1:400 |
Pepperstone
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."
Christian Harris, Reviewer
Pepperstone Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting |
| Regulator | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB |
| Platforms | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.
- Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
- There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
Cons
- Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app.
- Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
- Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
Fusion Markets
"Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC."
Fusion Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | ASIC, VFSC, FSA |
| Platforms | MT4, MT5, cTrader, TradingView, DupliTrade |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- Fusion Markets continues to impress with its pricing that provides tight spreads with below-average commissions that will appeal to active day traders.
- The range of charting platforms and social trading features is excellent, with MT4, MT5, cTrader and more recently TradingView, catering to a wide range of trader preferences.
- Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
Cons
- While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
- Fusion Market trails alternatives, notably eToro and IG, in the education department with limited guides and live video sessions to upskill new traders.
- The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
AvaTrade
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
- AvaTrade continues to enhance its suite of products, recently through AvaFutures, providing an alternative vehicle to speculate on over 35 markets with low day trading margins.
- Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
Cons
- The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
- While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | ASIC, CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
Cons
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
Eightcap
"Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row."
Eightcap Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | ASIC, FCA, CySEC, SCB |
| Platforms | MT4, MT5, TradingView |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, SGD |
Pros
- Having excelled across all key areas for day traders, Eightcap outperformed every competitor to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title.
- Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, the innovative algorithmic trading platform Capitalise.ai, and more recently the 50-million strong social trading network TradingView.
- After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
Cons
- In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
- Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
- The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
FOREX.com Quick Facts
| Bonus Offer | 20% Welcome Bonus Up To $5000 |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto |
| Regulator | NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:400 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
- Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
Cons
- FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
Choosing A Day Trading Broker In Australia
Leveraging the decades of industry experience across our expert team, we prioritize several conditions when choosing the best day trading platforms:
Regulation and Trust
Choose a reputable day trading platform that you can trust.
A trustworthy broker will be authorized by a reputable regulator and will be transparent about any measures it has in place to protect you from unfair trading practices and scams.
Unfortunately, some incidents have gained infamy in Australia in recent years, including the brutal ‘Pig Butchering’ scam, which made up 31% of reported scams in 2023.
In this highly manipulative scam, the fraudsters built trust with the victim over a prolonged period before pushing them into fake investment opportunities. This method of going for the ‘full hog’ is particularly malicious since it targets lonely or vulnerable people.
That’s why we always check whether the broker is regulated by a ‘green tier’ authority, such as the Australian Securities and Investments Commission (ASIC). Looking for this, combined with strong industry credentials and a long track record, are priorities during our routine tests.
The ASIC has strict measures in place to monitor day trading brokers operating in Australia, including enforcement proceedings and civil penalties.
To help protect consumers, it also runs the Moneysmart website which contains comprehensive advice on financial planning, online safety and scams.
- AvaTrade maintains its position as one of the most heavily regulated platforms, with licenses from several top-tier authorities, including the ASIC. It also boasts a stellar industry reputation.
Day Trading Fees
Opt for a low-cost broker with competitive pricing.
If you’re an active day trader, keeping transaction costs low will be important to you.
We look out for brokerages that offer the full trading package at a low overall cost. This includes competitive trading fees, from low spreads and commissions to zero funding fees.
If certain parts of the service are paid for, then we also take into account the quality of the resources or tools provided. It can often be worth paying for top-quality charting tools, for example, if it saves you time and increases your potential for success.
- Fusion Markets remains one of the lowest-cost brokers that we’ve evaluated, especially for Aussie day traders. Alongside a $0 minimum deposit, you can expect forex commissions as low as $2.25 per side, plus spreads from 0.0 pips on AUD/USD.
Charting Platforms and Apps
Choose a user-friendly platform with a range of short-term trading tools.
To ensure an optimum day trading environment, pick a broker that delivers comprehensive charting tools for technical analysis.
In particular, we prioritize brokers that offer a good selection of indicators and drawing tools. Familiarizing yourself with a range of volatility tools, moving averages and technical studies, for example, can help you uncover short-term market opportunities.
- Pepperstone is an excellent choice here, with a leading range of charting platforms and third-party analysis tools, including MetaTrader 4 (MT4), cTrader, and Autochartist. Whether you trade on the go or execute complex algo strategies, there’s something for everyone at this broker.
Tradable Assets
Pick a broker that offers a diverse range of day trading markets.
Having access to a wide range of assets will allow you to build a diversified portfolio, hedge against risks and gain confidence trading the financial markets.
For Australian traders, we look out for popular currency pairs like AUD/USD and GBP/AUD, as well as stock markets like the Australian Securities Exchange (ASX).
Most top brokers typically offer trading via contracts for difference (CFDs). These are short-term derivative products that allow you to speculate on price movements without taking ownership of the asset.
- Vantage continues to offer a strong range of 1000+ assets for Australian day traders, including popular currencies and commodities like gold and silver against the AUD, plus dozens of ASX-listed share CFDs.
Execution Speed and Quality
Consider the broker’s execution policy and whether it will optimize your day trading strategies.
This will include the likelihood, quality and speed of execution which, when performing optimally, will ensure the best possible conditions for short-term strategies.
The good news is that many leading brokerages with fast execution operate in Australia, and we favor those with speeds of less than 100 milliseconds.
- IC Markets continually excels in this category, with orders executed in around 35 milliseconds. Experienced short-term traders can also access a VPS subscription which delivers ultra-low latency and reduced slippage.
Leverage and Margin Requirements
Make sure the broker has transparent leverage and margin requirements.
Trading with leverage appeals to many day traders looking to maximize their potential returns with a small initial deposit.
That said, leverage trading is inherently risky, so it’s important to register with a broker that is transparent about their margin requirements.
- OANDA is an excellent choice for Australian traders looking for a trustworthy ASIC-regulated broker that provides margin rates up-front. The broker also offers guaranteed stop-loss orders (GSLO) plus additional margin relief for pro traders.
Minimum Account Deposit
Choose a broker with an affordable minimum deposit requirement that suits your budget.
Anything below $500 is reasonable, though most leading Australian day trading platforms offer a minimum deposit of less than $200. This is ideal for beginners who may be on a smaller budget.
It’s also worth looking out for brokers who offer accounts denominated in AUD, which will save you exchange fees when it comes to funding.
- ThinkMarkets is a great beginner-friendly option, offering a competitive AUD account with no minimum deposit requirement.
Methodology
Our approach to finding the best day trading platforms in Australia involved comprehensive qualitative and quantitative assessments of each broker. In particular:
- We ensured that the platform accepts Australian day traders.
- We checked for a trustworthy license from a reputable agency, such as the ASIC.
- We focused on brokers with low day trading fees.
- We prioritized charting platforms that cater to short-term strategies.
- We checked the broker’s execution speeds and pricing.
- We favored platforms with reasonable margin and leverage requirements.
- We picked brokers that offer an affordable minimum deposit.
Bottom Line
We’ve tested and evaluated dozens of platforms to find you the best day trading brokers in Australia.
Before signing up, check that your chosen broker is listed on the respective regulator’s website. We also recommend trying out the platform in a demo account to determine if the platform is stable, easy to use, and offers the instruments you want to trade.
FAQ
How Much Money Do I Need To Start Day Trading In Australia?
Most brokers offer live trading accounts with an initial deposit of $500 or less, with some even requiring no minimum deposit. ThinkMarkets, for example, is a great choice for beginners on a budget with zero minimum.
Who Regulates Day Trading Platforms In Australia?
The Australian Securities and Investments Commission (ASIC) is the primary regulatory authority that oversees financial markets in Australia.
We consider the ASIC a ‘green tier’ agency, which means it offers the highest standards of financial safeguarding for Australian clients.
That said, it’s important to understand the inherent risks of day trading and always ensure you have a solid risk management strategy in place.
Which Are The Best Brokers That Accept Day Traders From Australia?
Check our list of the best day trading brokers in Australia to find the right option for you. Many of these firms offer services tailored to Australian clients, including an AUD account, ASIC regulation, and a range of tradable assets popular in Australia.
Recommended Reading
Article Sources
- Australian Securities and Investments Commission (ASIC)
- Australian Securities Exchange (ASX)
- 'Pig Butchering' Trading Scam
- Moneysmart
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com