Best Brokers With AUD Accounts 2025
Dig into our top brokers offering AUD accounts based on thorough tests, reducing conversion fees and optimizing the experience for traders dealing in Australian Dollars.

James Barra

Tobias Robinson
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 OANDA is a well-known company that excels in quick trade executions, low deposit necessities, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 Videforex, started in 2017, is a platform that grants access to stock, index, crypto, forex, and commodities markets through binary options and CFDs. Its specialized platform, mobile app, and integrated copy trading are suitable for new and less frequent traders. By offering market analysis tools and hosting trading contests, Videforex helps to enhance your trading expertise. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 RaceOption is a binary options broker based in the Marshall Islands. It has more than 1,500 clients and strives to provide speedy funding, minimal fees, and a safe trading environment. Traders can choose from over 100 binary options and CFDs, enjoy copy trading, and have the chance to win weekly prizes.
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Broker Details Comparison
Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Brokers With AUD Accounts 2025 are in terms of number of clients.
Broker | Popularity |
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Interactive Brokers |
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FOREX.com |
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Videforex |
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RaceOption |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
Cons
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- OANDA is a credible and safe trading brand, approved by top regulators such as the CFTC.
- Experienced traders can use top-notch tools like an MT4 premium upgrade and advanced charting from MotiveWave.
- There's a robust selection of 68 currency pairs for committed forex traders focusing on short-term trades.
Cons
- The trading markets are limited to only forex and cryptocurrencies.
- Few payment options are available and e-wallets are not supported.
- Customer support is not accessible during weekends.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Videforex often hosts trading contests. These competitions offer both new and experienced traders a chance to practice and win cash prizes. Trades can be made from as low as ¢0.01.
- Videforex has added over 60 new assets, offering traders access to popular crypto (TON, ARB, PEPE, SHIB), leading tech stocks (Tesla, Meta, Nvidia, Amazon), and a more diverse FX portfolio (THB, ZAR, MXN).
Cons
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
Why Trade With RaceOption?
RaceOption offers a diverse binary options trading experience with contests, account benefits, and copy trading. However, it's unregulated, providing minimal to no investor safeguards, based on our research.
Pros
- RaceOption allows easy account funding with no-charge, quick deposits using bank cards and cryptocurrencies. It also promises to process withdrawals within an hour.
- Popular assets like EUR/USD have payouts up to 95%, which is higher than most alternatives. Also, the first three trades are risk-free with Silver and Gold accounts. This can potentially increase your returns.
- RaceOption is one of the few brokers that offer 24/7 video chat in several languages. However, based on our experience, their agents require more knowledge about trading rules and practices.
Cons
- The $250 minimum deposit may be higher for some traders, particularly when compared to Deriv and World Forex, which are suitable for those with a smaller budget.
- RaceOption is a high-risk broker that is not regulated. It does not offer compensation or legal options if you encounter problems with trading or withdrawing funds.
- RaceOption, lacking a demo account and an educational offer, may not be a suitable option for novice traders.
Filters
Methodology
To determine the best brokers offering AUD-denominated accounts, we leveraged our robust database of global online brokers.
We identified platforms that allow clients to deposit, trade, and withdraw funds in Australian Dollars (AUD).
Our rankings are based on overall scores derived from a comprehensive analysis of 200+ metrics, including fees, platform usability, AUD support, and regulatory compliance, all backed-up by hands-on tests.
What Is an AUD Account?
An AUD account is a trading account where all transactions, profits, and losses are recorded in Australian Dollars.
This type of account is ideal for traders in Australia as it eliminates the need for currency conversion when funding or withdrawing in AUD.
However, less than 50% of brokers we’ve evaluated offer AUD accounts.
After evaluating the best trading accounts, we found that the key benefits of an AUD account are:
- Avoid Currency Conversion Costs: Depositing and withdrawing funds in AUD means no conversion fees, reducing costs for Australian traders.
- Hedging Against FX Volatility: An AUD account minimizes the impact of unfavorable AUD/USD or AUD/EUR fluctuations on your trading capital.
- Simplified Local Transactions: It enables seamless transactions with Australian banks, potentially making deposits and withdrawals faster and more affordable.
- Alignment with Local Investments: An AUD account suits those trading Australian-listed stocks, commodities, or assets linked to the Australian economy, like ASX equities or AUD-based forex pairs.
How Do I Open an AUD Account?
Opening an AUD trading account is a breeze. Follow these five steps:
- Choose a Broker: Select a broker that offers AUD as a base currency. Focus on fees, platform features, access to Australian and global markets, and local regulatory compliance (we recommend ASIC-regulated brokers for Aussie traders).
- Register an Account: Complete the broker’s sign-up process, including providing identification and proof of residency if required.
- Select AUD as Your Base Currency: During account setup, choose AUD as your preferred account currency.
- Fund Your Account: Deposit funds in AUD directly through bank transfers or popular payment methods with Aussie traders like PayID or BPAY for minimal fees and fast processing.
- Start Trading: Once funded, you can trade Australian and global markets while avoiding the friction of currency conversions.
For instance, below you can see where I opened an AUD account at IC Markets in a snap.

Configuring an AUD trading account at IC Markets
Should I Use an AUD Trading Account?
An AUD trading account is an excellent choice if the following apply to you:
- You Live in Australia: An AUD account aligns with your local currency, simplifying tax reporting and reducing banking costs.
- You Actively Trade Australian Assets: If your portfolio includes ASX-listed stocks, Australian ETFs, or AUD-denominated forex pairs, an AUD account can eliminate exchange rate costs and delays.
- You Want to Hedge Against AUD Volatility: For Australian traders earning and spending in AUD, this account minimizes the risk of losing value due to unfavorable exchange rate movements.
- You Prefer Local Payment Methods: From our investigations, Australian-based brokers offering AUD accounts often support local payment options like POLi Payments, making deposits and withdrawals fast and convenient.
What Are the Limitations of Opening an AUD Account?
- Expensive Access to USD-Assets: Trading US-based stocks or popular forex pairs like EUR/USD in an AUD account may involve higher spreads or require conversions.
- Exposure to AUD Weakness: If the AUD weakens against major currencies like USD, the value of your holdings may decline when converted.
- Fewer Global Broker Options: Although a growing number of brokers support AUD accounts, most international platforms we’ve tested focus on USD accounts or EUR accounts, limiting your choices somewhat.