Compare Australian Brokers
Side by Side
We open real accounts, record live spreads and measure execution speed at every broker we compare. All data from live A$500 accounts tested January–April 2026. All brokers ASIC-regulated.
Available Comparisons
All Brokers at a Glance — May 2026
| Broker | Overall Score | Min. Deposit | EUR/USD Avg | Commission | Execution | Platforms | Best For |
|---|---|---|---|---|---|---|---|
| Pepperstone | 4.7 / 5 ★ | A$0 | 0.09 pips | A$3.00/side | 41ms | MT4/MT5/cT/TV | Best overall |
| IC Markets | 4.6 / 5 | A$200 | 0.08 pips | A$3.00/side | 34ms | MT4/MT5/cT | Tightest spreads |
| IG Markets | 4.6 / 5 | A$0 | 0.86 pips | None (spread) | 55ms | IG/MT4/TV | Research + shares |
| FP Markets | 4.5 / 5 | A$100 | 0.12 pips | A$3.00/side | 29ms avg | MT4/MT5/cT/TV/IRESS | Shares + IRESS |
| Eightcap | 4.4 / 5 | A$100 | 0.12 pips | A$3.50/side (MT4) | 45ms | MT4/MT5/TV | Crypto (250+ CFDs) |
| Fusion Markets | 4.4 / 5 | A$0 | 0.10 pips | A$2.25/side | 38ms | MT4/MT5/cT/TV | Lowest commission |
| AvaTrade | 4.4 / 5 | A$100 | 0.90 pips | None (spread) | — | MT4/MT5/GO/Options | Platform range |
| eToro | 4.3 / 5 | A$50 | 1.0 pip | None (spread) | — | Proprietary | Copy trading |
| Vantage | 4.3 / 5 | A$50 | 0.12 pips | A$3.00/side | 47ms | MT4/MT5/TV/App | Value + copy |
| Plus500 | 4.2 / 5 | A$100 | 1.0 pip | None (spread) | — | WebTrader/TV | Simple CFDs |
How We Compare Brokers
All comparisons are based on real funded account testing — not broker-provided data.
We record EUR/USD, AUD/USD and GBP/USD spreads across 30 days on live funded accounts — capturing London session, NY session and off-peak averages separately.
We place 50 market orders per broker and record the time from order submission to fill confirmation. All tests done from Sydney, Australia during active trading hours.
We process a real AUD bank transfer withdrawal at every broker and record the exact number of business days from submission to funds clearing in our bank account.
We contact live chat support at various times — including late AEST evenings — and record first response time and quality of the answer to a standard technical question.
We verify every broker’s AFS licence on the ASIC Connect register before publishing. Only ASIC-regulated brokers appear on KolaTrading. We re-verify licences quarterly.
Brokers cannot pay for higher rankings or better scores. We may receive affiliate commissions when you open an account — this never influences our comparison results.
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