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 reviewed 1 in detail and compiled the CFD providers list below for 2017/2018. These cover key features traders often look for and make it easy to find the best CFD broker to meet your needs. Below are trading account comparisons for the cheapest online CFD trading, Direct Market Access (DMA CFDs) providers, and largest product range CFD brokers.
To view our detailed broker review and individual ratings criteria 1, simply click on the “read our full review” button in the tables below.
1 Broker ratings quoted in the above CFD trading Australia account comparisons are an overall average rating. The calculation is based on the six review criteria displayed on all CFD providers individual review pages:
- pricing (based on spreads, commissions and other costs or fees),
- range of instruments,
- speed of execution,
- trading platform features,
- overall ease of use, and
- customer support
The individual rating breakdown for the above criteria can be easily accessed by simply clicking the review rating in the above tables or clicking the “read our full review” button.
Online Brokers Australia aims to regularly update information on this web site and provide a “last updated” date at the bottom of every page to ensure you know when any updates were last made to the review page. However, you should always click on the “view website” button and check the details directly on the brokers or providers site first, to confirm the details and ensure they will suit your online trading needs.
Contracts for Difference (CFDs) are a complex, leveraged financial product and requires a certain level of experience, so may not be suitable for everyone. 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.