I don’t believe there is a ‘single’ best contract for difference (CFD) broker or CFD account, that would meet every trader’s needs. Same as there is no single CFD trading platform, indicator or trading strategy that is best for everyone, nor is there simply one best CFD provider suited to all online traders. Trading CFDs is a very personal endeavour, with differing available capital, risk tolerance, trading strategy, trading platform and CFD account requirements. It can also be difficult for traders to know who are the truly reputable CFD brokers in Australia.
It’s for this reason I have hand-picked, and reviewed in detail, my top 3 CFD providers list for 2017. These cover key features traders look for and make it to find the best CFD broker to meet your needs. Below are trading account comparisons for the cheapest online CFD trading, best Direct Market Access (DMA CFDs), and largest product range CFD brokers.
To view our detailed broker review and ratings, simply click on the star rating in the table below.
Contracts for Difference (CFDs) are a complex, leveraged financial product and requires a certain level of experience, so may not be suitable for everyone. Leverage in the CFD market can be as low as a 0.5% (at 200:1), or 0.2% (at 500:1) for Australian forex brokers, initial margin requirement. Online CFD trading therefore carries a high level of risk to your capital and can result in losses that exceed your initial deposit. Please ensure that you understand all the risks involved.
Reviews and comparisons for best CFD broker Australia are conducted independently, however CFD brokers or products included on this page may not suit your personal objectives, financial situation or needs. Brokers listed operate on direct market access, market maker (including fixed spread accounts), or a combination of both, online broker models.
If you are considering opening a CFD trading account, operating in the CFD market or acquiring any financial instrument/product, you should obtain and read the relevant Product Disclosure Statement and/or other offer document/s prior to making any financial decision.
If you are unsure of the risks, or have any doubt whether you have sufficient financial resources or experience to trade these CFD Australia products, you should take professional advice before trading cfds online.