Best Australian Securities Exchange (ASX) Brokers 2026
Discover the best brokers with access to the Australian Securities Exchange (ASX) following our rigorous hands-on testing.
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1Established 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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2Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options.
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3InstaTrade, located in the British Virgin Islands, is an online broker that focuses on structured fixed income products and active trading via CFDs. Its no-spread accounts, outstanding research primarily from InstaTrade TV, and access to the well-known MT4 and InstaTrade Gear make it a good choice for traders of all levels.
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4RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system.
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5XM is a global forex and CFD broker with over 15 million clients in more than 190 countries. Since 2009, it has offered low trading fees on over 1000 instruments. The broker is well-regulated by authorities such as ASIC, CySEC, DFSA, and SCA in the UAE, and provides a full MetaTrader experience.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds, Crypto Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $0 | $0 | 1:2 | ✗ | SEC, FINRA, MAS, ASIC, SFC | Stocks, Options, ETFs, ADRs, OTCs ,Futures | Desktop Platform, Mobile App | USD, HKD, SGD | ✗ | ✗ | ✗ | |
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✓ | ✓ | $1 | 0.01 | 1:1000 | ✓ | BVI FSC | FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures | InstaTrade Gear, MT4 | USD, EUR, RUB | Experts Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:2000 | ✓ | IFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | USD, EUR | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✗ | ✗ | |
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✓ | ✓ | $5 | 0.01 Lots | 1:10001:30 | ✓ | CySEC, DFSA, SCA, FSCA, FSA, FSC Belize, FSC Mauritius, CMA | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | USD, EUR, GBP, JPY | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Australian Securities Exchange (ASX) Brokers 2026 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Australian Securities Exchange (ASX) Brokers 2026.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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Yes (iOS & Android) | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android, R StocksTrader | ✗ | ||
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iOS, Android & Windows | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Australian Securities Exchange (ASX) Brokers 2026 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $0 | $0 | ✗ | ✗ | ||
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✓ | $1 | 0.01 | ✗ | ✗ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✓ | ||
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✓ | $5 | 0.01 Lots | ✓ | ✓ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Australian Securities Exchange (ASX) Brokers 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:2 | ✗ | ✓ |
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Experts Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✓ | ✗ | 1:10001:30 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Australian Securities Exchange (ASX) Brokers 2026.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 5.1% | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Australian Securities Exchange (ASX) Brokers 2026 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Australian Securities Exchange (ASX) Brokers 2026.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|
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✗ | $15 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | $0 | ✗ | ✗ | |
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✗ | ✗ | 0.0 | 0 | |
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✗ | $0 | 0.1 | Variable | |
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✗ | $5 | 0.8 | Variable | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Australian Securities Exchange (ASX) Brokers 2026 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Moomoo |
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| XM |
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| InstaTrade |
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| RoboForex |
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| FOREX.com |
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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.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The in-house Web Trader is a top platform for new traders, featuring a sleek design and over 80 technical indicators for market analysis.
Cons
- 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.
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
Why Trade With Moomoo?
Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.
Pros
- The fees for options contracts have been lowered from $0.65 to $0.
- Moomoo's insights and analytics are more comprehensive and detailed than other brands.
- Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.
Cons
- Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
- The broker doesn't offer phone or live chat support, options typically provided by other brokers.
- The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
Why Trade With InstaTrade?
InstaTrade provides active trading on an extensive platform. It has a unique offering known as Fixed Income Structured Product (FISP), which allows for passive investment. Investors can potentially earn up to a 50% return within 6 months, provided certain conditions are fulfilled.
Pros
- InstaTrade TV provides video interviews and insightful market information about stocks, cryptocurrencies, and more. It assists in identifying opportunities for quick trading.
- InstaTrade provides approximately 300 assets for investment. It particularly shines in the area of currency pairs, making it an excellent platform for experienced traders interested in volatile exotics.
- VPS hosting is suitable for algorithmic trading strategies. It uses a dedicated server to offer quick execution speeds, potentially as fast as 9 milliseconds.
Cons
- InstaTrade's learning resources are helpful for new traders but are not as organized or comprehensive as those provided by top companies such as eToro.
- InstaTrade is registered in the British Virgin Islands, providing minimal regulatory protections for retail traders.
- Profits in the FISP are guaranteed only if investors do not make over 50% profit and recruit other users, earning $4 for each dollar in compensation.
Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- The R Stocks Trader platform competes with top platforms like MT4, offering netting and hedging abilities, thorough backtesting, Level II pricing, and a versatile workspace.
- RoboForex offers more than 12,000 instruments for trading. This includes forex, stocks, indices, ETFs, commodities, and futures. Comparatively, this surpasses the trading opportunities available from most online brokers.
- RoboForex won the 'Best Forex Broker 2025' award from DayTrading.com for expanding their FX services, reducing spreads, and increasing availability in multiple countries.
Cons
- RoboForex, with more than 15 years in the industry, is authorized by the IFSC in Belize, a 'Red-Tier' regulator. This authorization provides a lower level of regulatory protection for traders.
- RoboForex offers many account types which, although flexible, can be daunting for new traders to select the most appropriate for their trading preferences. Other platforms like eToro simplify the process with a single retail account option.
- RoboForex now only allows USD and EUR as base currencies. This could lead to conversion fees and inconvenience for traders who prefer managing their accounts in other currencies.
Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- In late 2025, XM received a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates, enhancing its regulatory standing and positioning it as a strong choice for traders in the Middle East.
- XM has updated its platform with integrated TradingView charts and an XM AI assistant for faster execution, smarter analysis, and a more intuitive trading experience.
- XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
Cons
- XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
- XM only uses the MetaTrader platforms for desktop trading, offering no in-house downloadable or web-based solutions with unique features for beginners.
- XM is generally trusted and well-regulated but is registered with weak regulators such as FSC Belize. It no longer accepts UK clients, limiting its market reach.
Filters
Broking with the Australian Securities Exchange (ASX)
Investors can trade on one of the world’s top 10 exchanges through brokers with ASX access. Here’s a guide to choosing the best stock broker and how to start trading on the ASX.
Comparing ASX Brokers
Online brokers serve as middlemen, letting you trade on the ASX. The right broker can help you reach your financial goals. When choosing an ASX broker, consider these factors:
Platform & Tools
Brokers differ in the tools they offer. Some traders prefer traditional platforms like MetaTrader, while others enjoy trading via modern mobile apps. Make sure the broker provides helpful tools like charts, indicators, and economic calendars. Some brokers offer extra services like copy trading or using automated tools, great for beginners learning from experienced traders.
Fees
Look for a broker with transparent fees. For example:
– XM offers commission-free investing with spreads from 2 points.
– IG Group charges 0.1% for Australian share trades or $50 for phone trades. Bank transfers over $100 are free.
Also, check for any extra fees like inactivity charges, withdrawal fees, or currency conversion rates. If unclear, contact the broker’s support team.
Regulation
Make sure the broker is regulated to protect against scams. The Australian Securities and Investment Commission (ASIC) ensures brokers follow fairness and transparency rules. Look for the ASIC logo or other trusted regulatory bodies like the UK’s FCA.
Educational Resources
Good brokers provide learning material, especially for beginners. Resources might include webinars, live events, and video content. Some brokers like AvaTrade offer a wide range of educational content suitable for all experience levels.
What is the Australian Securities Exchange (ASX)?
The ASX, based in Sydney, is one of the world’s largest exchanges, with a market capitalization of around $2 trillion. It’s a major player in Asia for interest rate derivatives and capital raising.
History of the ASX
The ASX was founded in 1987 by merging six independent stock exchanges. In 2006, it merged with the Sydney Futures Exchange, expanding its offerings and changing its name to the Australian Securities Exchange. The ASX Group now features a wide range of financial products and continues to innovate with new technologies and services.
ASX vs Australian Stock Exchange
The official name is the Australian Securities Exchange. The ASX and the Sydney Futures Exchange merged in 2006 under this new name. Members trade on ASX Trade and ASX Trade24 platforms.
Uses of the ASX
The ASX facilitates listings and trading, serves as a clearing entity, and offers payment services. It provides resources and guidance on corporate governance. The ASX’s diverse offerings allow traders to invest in equities, options, and more. It reflects Australia’s economic health and supports investments in listed corporations’ stocks.
How the ASX Works
Listing Rules
Companies must meet certain standards to be listed, ensuring fair trading and protection for investors. They must:
– Provide financial statements audited to high standards
– Disclose corporate governance practices
– Share timely information affecting stock prices
The ASX prohibits insider trading like other exchanges.
ASX Systems
ASX Trade
For trading equity securities, this platform is fast and based on the NASDAQ OMX system.
ASX Trade24
For trading derivative securities with global gateways, it offers 24-hour trading.
Indices
Stock indices show market conditions, helping investors spot trends. The S&P/ASX 200 is Australia’s primary index, including the top 200 ASX-listed companies. Factors like market cap, liquidity, and being listed on the ASX determine a company’s inclusion.
Starting With ASX Trading
Before investing, consider:
Strategy
Use past price data to predict future changes. Useful tools include charts and graphs.
Choosing Stocks
Different stocks vary in volatility and liquidity. Choose stocks that fit your strategy and goals. Test them with a broker’s demo account.
Pre-Market Movers
Use the pre-market session (starting at 7:00 AM AEST) to analyze stocks before the main session opens.
ASX Trading Hours
Trading is available Monday to Friday for six hours, with a main session from 10:00 AM to 4:00 PM AEST. Extended hours are only for electronic transactions and availability varies by broker.
Major ASX Companies
The ASX lists over 2,000 companies. The top 10 largest include:
– Commonwealth Bank
– BHP Group
– CSL Limited
– WestPac Banking Corp
– National Australia Bank
– ANZ Banking Group
– Fortescue Metals Group
– Wesfarmers
– Macquarie Group
– Resmed Inc
ASX Trading Tips
Stay Informed
Follow current news to anticipate market shifts. Search for company-specific events that may cause volatility.
Maintain a Journal
Jot down your trades to reflect on what works and what doesn’t, helping improve your future strategy.
Use Demo Accounts
Practice with a demo account offered by top brokers or engage in the ASX’s virtual share market game.
Final Words on ASX Brokers
ASX brokers provide many opportunities. Choose your broker wisely, use our tips, and check out the best listed brokers on brokerlistings.com.
FAQs
Main Role of the ASX?
To offer exchange services like trading and clearing, along with data and technical services. Brokers additionally offer retail trading access.
Is the ASX Open Today?
The ASX operates Monday to Friday, from 10:00 AM to 4:00 PM AEST, closing for public holidays.
What Does the ASX Trading Center Do?
It covers four divisions: listings, markets, technology & data, and securities & payments, offering educational resources and regulatory guidance.
ASX Corporate Governance Principles?
A set of principles for listed companies to act responsibly, meeting investor expectations.
ASX Trading Time in Perth?
The ASX’s main session is from 10:00 AM to 4:00 PM Sydney time, which is Perth +2 hours.