The Best Online Trading Platforms in Australia: Expert’s Analysis

This guide compares the top ten trading platforms in Australia right now. In this comparison, we examined how each company performed on several important metrics, including cost, trading tools, ease of use, Australian regulation, asset classes offered, reputation, and support. We also show you how to open a 0% commission trading account in less than five minutes.

We provide comprehensive reviews of the best online trading platform Australia right now in the sections below. The fees and commissions, minimum account sizes, asset classes and markets available, regulatory and licensing status, and ease of use are some criteria we use to evaluate brokers.

1. is one of Australia’s best share trading platforms for accessing CFDs (contracts-for-differences). These derivatives are a type of financial instrument that facilitates speculation on the direction of a market without requiring the trader to purchase the asset being tracked.

The trading platform at offers thousands of financial instruments across a wide range of assets. This includes over 5,400 stocks, 470 cryptocurrencies, 130 currency pairs, 470 cryptocurrency markets, and 23 indices. Every market supported by is available for trading with no commission. Users of will be able to trade with leverage as well. has a great name in the CFD trading world regarding safety. The platform is governed not only by ASIC but also by the FCA, CySEC, and NBRB. As a result, Australians don’t have to question the platform’s legitimacy when making deposits or investments.

2. Coinbase

Coinbase is another top-rated cryptocurrency trading platform to consider. This platform is appropriate for first-time traders of digital currencies such as Bitcoin and Ethereum. Coinbase designed its platform with beginners in mind, and trading accounts can be opened in minutes.

The main issue with Coinbase is that it charges significantly higher fees than other cryptocurrency exchanges such as eToro and For example, when buying and selling crypto assets here, a 1.49% commission will be charged on orders exceeding $200. For orders under $200, a fixed fee will be applied based on the specific order size.

Coinbase is a digital currency exchange platform where over 150 digital currencies can be bought, sold, and exchanged with a single click. Users can use the Coinbase website or mobile app to trade. The latter is available for free on iOS and Android devices. There is also a Coinbase Defi wallet that gives you complete control over your private keys.

A debit card allows account holders to spend their tokens in real life and is also available on the Coinbase website. There is also a newly launched NFT marketplace, though the fees are once again somewhat high. Coinbase provides institutional security controls such as cold storage, two-factor authentication, and withdrawal timelocks.

EverFX Review: Pros and Cons revealed

Overall, EverFX can be described as a credible and trustworthy broker that offers low-risk trading fees and spreads. EverFX has a trust rating of 66 out of 99.

EverFX, according to South African research, is an international online broker founded on diversity, flexibility, transparency, and open, reasonable pricing structures. Forex brokers are companies that give traders access to a platform where they can buy and sell foreign currencies.

The foreign exchange market operates on a pair basis, with traders buying and selling based on the relative values of two currencies. Forex brokers are also known as retail forex brokers or currency trading brokers. Most forex brokerage firms handle a very small portion of the overall foreign exchange market volume.

Account Types

A Forex account allows you to store and trade foreign currencies. Through a broker, you can enter the foreign exchange market by opening an account, funding it with funds denominated in your preferred currency, and trading foreign exchange.

Though it may appear simple, choosing the right account is one of the most important aspects of selecting the right broker, as the account type can have a direct effect on profit and loss.

Many different types of accounts are available because the Forex market attracts many different types of traders, from novices to seasoned professionals to institutions.

As a result, the most important factors to consider when selecting an account are transaction costs, spreads and commissions, trading routing, trading software and platforms, and the range of markets available.