BEST and Broker 2021
When it comes to the , selecting the right is ESSENTIAL.
Particularly for newer traders, it’s easy to become overwhelmed with confusing features and statistics. Therefore, it is a time most require a helping hand – somebody to explain the ins and outs if you will.
Why Trust Us?
The website is a leading resource for online traders. Created by traders for traders, our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer traders, but also old hands as well.
Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.
In a Rush?
No time to read our comprehensive guide right now?
No problem. Following weeks of research, we’ve compressed the critical points and featured OUR broker of choice – FP Markets
|Brokers under review|
|Account Application Time||1 Business Day||1 Business Day||1 Business Day|
|Minimum Account Balance||100 AUD (Lowest)||200||500 (Highest)|
|Account Types||Standard, Raw and Iress ViewPoint, Iress Investor and Iress Trader||Standard and Raw Spread Accounts||Standard and Razor Accounts|
|Range of Markets||10,000+ (Additional Share via their Iress Platform)||300+ (Additional Futures Products)||500+ (No Futures Products)|
|Low Spreads - Commission per side is 3.0 per one standard lot||Low Spreads - Commission per side is 3.5 per one standard lot||Low Spreads - Commission per side is 3.76 per one standard lot|
|Execution Speed||36 Milliseconds||40 Milliseconds||30 Milliseconds|
|Regulation – Tier 1 Licences||ASIC; CySEC||FSA; AFSL||ASIC; FCA|
|Market Research and Education||9||7||6|