When picking a stockbroker, there are plenty of things to consider. Here we’ll examine some of the best Australian-based brokers and what makes them stand out from the competition. So whether you’re new to trading or just looking for a better deal, read on to find the perfect broker for your needs.

We’ve put together a list of the top Australian stockbrokers to assist you in making an informed decision. We’ve considered fees, account types, customer service, and more. So, whether you’re a novice or an experienced investor, you’ll be able to locate the ideal broker for your requirements.

CommSec

CommSec is one of the leading online brokers in Australia. They offer various products and services, including share trading, margin lending, and managed funds. CommSec also focuses on education, with resources such as webinars and tutorials. These characteristics make them fantastic for novices who want to learn about the stock market.

eToro

eToro is a global broker that offers a unique social trading experience. You can connect with other investors and copy their trades, which is a great way to learn from more experienced traders. eToro also offers a wide range of markets, including stocks, forex, cryptocurrencies, and commodities.

IG Markets

IG Markets is of the largest stock brokers in Australia. They offer competitive fees and a wide range of markets, including shares, forex, indices, and commodities. IG Markets is also known for its excellent customer service and trading platform.

Interactive Brokers

An interactive broker is a global broker that offers competitive fees and a wide range of markets. They’re especially popular with experienced investors and traders who want to trade internationally. Interactive Brokers also has vital customer service and advanced trading tools.

CMC Markets

CMC Markets is a leading CFD and spread betting broker in Australia. They offer various markets, including forex, shares, indices, commodities, and cryptocurrencies. CMC Markets is also known for its innovative trading platform and mobile app.

Saxo Capital Markets

Saxo Capital Markets is a global broker that offers competitive fees and a wide range of markets. They’re especially popular with experienced investors and traders who want to trade internationally. Saxo Capital Markets also has vital customer service and advanced trading tools.

Opteck

Opteck is a global broker that offers competitive fees and a wide range of markets, including forex, shares, indices, commodities, and cryptocurrencies. Opteck has a user-friendly trading platform and mobile app, and traders can trade on the go.

Plus500

Plus500 is a leading CFD and spread betting broker in Australia. They offer numerous markets, including forex, shares, indices, commodities, and cryptocurrencies. Plus500 is also known for its user-friendly trading platform and mobile app.

Pepperstone

Pepperstone is one of the leading online brokers in Australia. They offer competitive fees and a wide range of markets, including forex, shares, indices, commodities, and cryptocurrencies. Pepperstone is also known for its excellent customer service and advanced trading tools, as well as international presence.

AvaTrade

AvaTrade is a global broker that offers competitive fees and a wide range of markets. They’re especially popular with experienced investors and traders who want to trade internationally. AvaTrade also has vital customer service and advanced trading tools.

easyMarkets

easyMarkets is a global broker that offers fixed spreads and a wide range of markets. They’re especially popular with beginner investors who want to limit their risk. easyMarkets also have good customer service and user-friendly trading tools.

City Index

City Index is a global broker that offers competitive fees and a wide range of markets, with a focus on Australia and Singapore. They’re especially popular with experienced investors and traders who want to trade internationally. City Index offers the familiar MT4 trading platform, which is used around the world by many other brokers.

At the end of the day

It is crucial to research before selecting an Australian-based stockbroker. The brokers we have reviewed are all reputable and offer various services, but it is vital to choose the best one for your individual needs.