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.

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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

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Our Rating


Established

200520072010
Account Application Time1 Business Day1 Business Day1 Business Day
Minimum Account Balance100 AUD (Lowest)200 500 (Highest)


Account TypesStandard, Raw and Iress ViewPoint, Iress Investor and Iress TraderStandard and Raw Spread AccountsStandard and Razor Accounts
Range of Markets10,000+ (Additional Share via their Iress Platform)300+ (Additional Futures Products)500+ (No Futures Products)
Leverage1:5001:5001:500
Low Spreads - Commission per side is 3.0 per one standard lotLow Spreads - Commission per side is 3.5 per one standard lotLow Spreads - Commission per side is 3.76 per one standard lot
Execution Speed36 Milliseconds40 Milliseconds30 Milliseconds
Regulation – Tier 1 LicencesASIC; CySECFSA; AFSLASIC; FCA
Market Research and Education976
Customer Service9.567
Start Trading with Choice- FP Markets

Fast Account Opening in 3 Simple Steps