Trading platforms in Australia: entities, licences & costs
Which platforms accept Australian clients, the exact legal entity that opens your account, register-checked licence numbers and real costs — ranked by our published method, commission weighted 0%.
14 of the 15 platforms in our database accept Australian clients. We've mapped 12 of them to the specific legal entity that onboards a Australian client: 9 would open your account through a tier-1-regulated entity, while 3 route Australian clients through an offshore (tier-3) entity — which changes your compensation cover and complaint route. The table below lists 11 register-checked licence numbers so you can verify each firm yourself (ASIC, FSA Seychelles, FSA, FSC). On the numbers, the lowest all-in cost option here is Pepperstone, and the highest leverage available to Australian traders is 1000:1 (FXTM).
Regulator
ASIC
Trading is legal and ASIC regulates firms serving Australian retail clients. Verify the firm's AFSL.
Leverage rules
ASIC caps retail CFD leverage at 30:1 and requires negative-balance protection, in line with tier-1 standards.
Common deposit methods
Card, PayID / Osko bank transfer, POLi
Which legal entity onboards a Australian client
The brand you see isn't always the entity on your client agreement. These are the entities our checks map to Australian clients, with the licence number to verify on the official register. 3 here route you offshore — protection differs.
Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.
Trading costs for Australian traders
Lowest all-in cost on our scan: Pepperstone. Indicative figures — verify the live schedule before funding.
| Platform | All-in cost | Spread from | Commission | Min deposit | Withdrawal | Max leverage |
|---|---|---|---|---|---|---|
| Pepperstone | $···· | 0 pips | $7/lot | $10 | Same – next day | 30:1 |
| IC Markets | $···· | 0 pips | $7/lot | $200 | Same – next day | 30:1 |
| FP Markets | $···· | 0 pips | $6/lot | $100 | Within 1 day | 30:1 |
| Exness | $···· | 0 pips | $7/lot | $10 | Often instant | 30:1 |
| Blueberry Markets | $···· | 0 pips | $7/lot | $100 | Same – next day | 30:1 |
| ThinkMarkets | $$··· | 0 pips | $7/lot | $0 | 1–2 days | 30:1 |
| Vantage Markets | $$··· | 0 pips | $6/lot | $50 | Same – next day | 30:1 |
| VT Markets | $$··· | 0 pips | $6/lot | $100 | Same – next day | 30:1 |
| Eightcap | $$··· | 0 pips | $7/lot | $100 | 1–2 days (same-day cut-off) | 30:1 |
| PU Prime | $$··· | 0 pips | $7/lot | $50 | Reported instant | 1000:1 |
| StarTrader | $$··· | 0 pips | $6/lot | $50 | Within 24h | 500:1 |
| LiteFinance | $$··· | 0 pips | $5/lot | $50 | Within 24h | 1000:1 |
| FXTM | $$$·· | 0.1 pips | $4/lot | $10 | Same – next day | 1000:1 |
| XM | $$$·· | 1.6 pips | — | $5 | 1–2 days | 30:1 |
14 platforms available in Australian
Why this fits: Onboarded via Pepperstone Group Limited (ASIC 414530) · Max leverage here: 30:1
Why this fits: Onboarded via International Capital Markets Pty Ltd (ASIC 335692) · Max leverage here: 30:1
Why this fits: Onboarded via First Prudential Markets Pty Ltd (ASIC 286354) · Max leverage here: 30:1
Why this fits: Onboarded via Exness (SC) Ltd (FSA Seychelles) · Max leverage here: 30:1
Why this fits: Onboarded via TF Global Markets (Aust) Pty Ltd (ASIC 424700) · Max leverage here: 30:1
Why this fits: Onboarded via Vantage Global Prime Pty Ltd (ASIC 428901) · Max leverage here: 30:1
Why this fits: Accepts Australian clients · Max leverage here: 1000:1 · Verify the account entity at signup
Why this fits: Onboarded via Blueberry Australia Pty Ltd (ASIC 535887) · Max leverage here: 30:1
Why this fits: Onboarded via VT Global Pty Ltd (ASIC 516246) · Max leverage here: 30:1
Why this fits: Onboarded via Eightcap Pty Ltd (ASIC 391441) · Max leverage here: 30:1
Why this fits: Onboarded via Trading Point of Financial Instruments Pty Ltd (ASIC 443670) · Max leverage here: 30:1
A multi-entity CFD broker with education resources, webinars, broad market access and copy trading availability. Entity, leverage and product terms should be verified before depositing.
Why this fits: Onboarded via PU Prime Limited (FSA SD050) · Max leverage here: 1000:1
Why this fits: Onboarded via STARTRADER Financial Markets Limited (FSC GB24203371) · Max leverage here: 500:1
Why this fits: Accepts Australian clients · Max leverage here: 1000:1 · Verify the account entity at signup
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Trading in Australia — questions
Which legal entity will onboard me as a Australian client?
Across the platforms that accept Australian clients, accounts are opened through entities under ASIC, FSA Seychelles, FSA, FSC. 3 route Australian clients through an offshore (tier-3) entity — protection differs there. Local oversight is typically ASIC. Always confirm the licence on the official register before depositing.
Which platform has the lowest cost in Australia?
Of the 14 platforms available to Australian traders, Pepperstone has the lowest all-in cost on our scan (spreads from 0 pips, $7/lot commission, $10 minimum). Costs change with account type and instrument — verify the live schedule before funding.
What leverage can I use in Australia?
The highest leverage available to Australian traders among these platforms is 1000:1 (FXTM). ASIC caps retail CFD leverage at 30:1 and requires negative-balance protection, in line with tier-1 standards. Higher leverage increases both potential gains and losses.
How does Clarytrade pick these platforms?
We rank by our published 8-criteria method, filter to platforms that accept Australian clients, resolve the specific legal entity that would open your account, and weight affiliate commission at 0%.