Brokers with the lowest minimum deposit in Australia

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (15 of 76 counts · 64 brokers onboarding Australian residents)

15of 76

qualify for this ranking

20% of 76

scored on all six axes

73of 76

publish a price

96% of 76

43of 76

publish a leverage figure for this country

57% of 76

Top 3 (of 3 ranked)

1Fusion Markets4.63highest score of the three · cheapest priced of the three · locally licensed 2Global Prime4.55locally licensed · withdrawal in 2 h 3AvaTrade4.54locally licensed · withdrawal in 24 h

Brokers with the lowest minimum deposit in Australia (15 of 76)

By slice score, formula v1.0. · 15 of 64 brokers in this ranking · all 15

#	Broker	Round turn, USDAU	Min deposit, USDAU	Leverage	Withdrawal, hAU	Score	Execution	Founded	Funding
1	Fusion Markets	4.8	0	30AU	1	4.63	ECN/raw + standard	2017	2 methods · local
2	Global Prime	7	0	500AU	2	4.55	ECN/raw + standard	2010	2 methods · local
3	AvaTrade	8	100	30AU	24	4.54	Standard	2006	3 methods · local
4	Pepperstone	7	0	30AU	24	4.45	ECN/raw + standard	2010	3 methods
5	MultiBank Group	6	50	30AU	48	4.43	ECN/raw + standard	2005	—
6	Axi	7	0	30AU	24	4.4	ECN/raw + standard	2007	2 methods · local
7	Blueberry Markets	7	100	30AU	24	4.38	ECN/raw + standard	2016	3 methods
8	TMGM	7	15	30AU	24	4.31	ECN/raw + standard	2013	—
9	Vantage	5	50	—stated, not verified	72	4.29	ECN/raw + standard	2009	4 methods · local
10	XM	7	7	30AU	24	4.14	ECN/raw + standard	2009	2 methods · local
11	eToro	10	50	—stated, not verified	48	4.01	Standard	2007	1 methods · local
12	Plus500	6	100	30AU	72	3.97	Standard	2008	2 methods · local
13	ATFX	7	75	30AU	72	3.87	ECN/raw + standard	2014	3 methods · local
14	OANDA	6	0	—stated, not verified	120	3.79	ECN/raw + standard	1996	3 methods · local
15	IG Markets	13.6	100	30AU	120	3.68	ECN/raw + standard	1974	3 methods

Ten are shown; the button opens the rest.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

Plus500 publishes a retail leverage of 1:30 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · ASIC · Swap-free fee none, no limit · AUD account Yes.

1. Fusion Markets — highest score of the three · cheapest priced of the three · locally licensed (score 4.63)

Round turn: 4.8 USD
Withdrawal: under 1 hour; up to 1 business day
AUD account: AUD, USD, EUR
Leverage: 30AU
Accepts residents: yes
Onboarding entity: FMGP Trading Group Pty Ltd
Founded: 2017
Group leverage: uncleargroup
Instruments: Forex, CFDs, shares
Platforms: MT5cTraderWebTradingView
Funding: Cards and bank transfer
Not served: Afghanistan, Democratic Republic of Congo, Republic of Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, US Minor Outlying Islands, US Virgin Islands

Reviews25%85
Round-turn cost20%100
Safety
Payouts15%99
Track record10%45
Platforms70

Why it ranks here

Round turn 4.8 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.63.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of Fusion Markets

2. Global Prime — locally licensed · withdrawal in 2 h (score 4.55)

Round turn: 7 USD
Withdrawal: 2
AUD account: AUD USD GBP EUR CAD SGD JPY
Leverage: 500AU
Licence: ASIC 385620
Accepts residents: yes
Onboarding entity: FMGP Trading Group Pty Ltd
Founded: 2010
Group leverage: unclear
Instruments: Forex CFDs and more
Platforms: MT5MT4Web
Funding: Bank wire and card
Not served: United States, Ontario (Canada), Japan, New Zealand, North Korea, Iran, Iraq, Syria, Russia, Ukraine, Yemen

Why it ranks here

Round turn 7 USD against the slice median 6 USD. strongest axis payouts 98 of 100. total score 4.55.

Watch for

Min deposit 200 USD, double the Australia median of 50; withdrawal time not published.

Full review of Global Prime

3. AvaTrade — locally licensed · withdrawal in 24 h (score 4.54)

Round turn: 8 USD
Withdrawal: up to 24 hours
AUD account: Not specified
Leverage: 30AU
Licence: 406684
Accepts residents: yes
Onboarding entity: Ava Capital Markets Australia Pty Ltd
Founded: 2006
Group leverage: localgroup
Instruments: FX CFDs and options
Platforms: MT5WebMobile
Funding: Not specified
Not served: Iran, United States, North Korea, Spain

Why it ranks here

Round turn 8 USD against the slice median 6 USD. strongest axis track record 100 of 100. total score 4.54.

Watch for

Onboards Australian residents through an offshore entity: no ASIC licence, no ASIC complaints route, no AUD account.

Full review of AvaTrade

What the data shows(15 of 76 distributions · 64 brokers)

Swap-free availability (15 of 76 brokers)

Offered30Not offered14

Admin fee after the free period (15 of 76 swap-free)

Never16After 3–30 days9not published5

Who onboards Australian residents (15 of 76 brokers)

Local ASIC entity20Offshore entity24

AUD account (15 of 76 brokers)

Yes16No23not published5

Minimum deposit, USD (62 of 76 · median 40 USD)

60<1k

12k

03k

04k

1>4k

Round turn, one lot, USD (73 of 76 · median 6 USD)

9<5

5710

315

320

1>20

Full list(15 of 76)

1Fusion Markets4.63
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
4.8
Min deposit, USD
0
Leverage
30AU
AUD
Yes
2Global Prime4.55
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0
Leverage
500AU
AUD
Yes
3AvaTrade4.54
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100
Leverage
30AU
AUD
Yes
4Pepperstone4.45
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0
Leverage
30AU
AUD
Yes
5MultiBank Group4.43
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
30AU
AUD
Yes
6Axi4.4
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0
Leverage
30AU
AUD
Yes
7Blueberry Markets4.38
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
30AU
AUD
Yes
8TMGM4.31
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
15
Leverage
30AU
AUD
Yes
9Vantage4.29
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50
AUD
Yes
10XM4.14
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
7
Leverage
30AU
AUD
Yes
11eToro4.01
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
50
AUD
Yes
12Plus5003.97
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100
Leverage
30AU
AUD
Yes
13ATFX3.87
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
75
Leverage
30AU
AUD
Yes
14OANDA3.79
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
AUD
Yes
15IG Markets3.68
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
13.6
Min deposit, USD
100
Leverage
30AU
AUD
Yes

How to read this ranking

Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
Check which company would onboard you.
The same brand can take a resident of Australia through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
Read the cost beside the deposit.
The median round turn across this country is 6.0 USD and the median minimum deposit 32.5 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 6 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Australia?: 15 of 76 brokers measured for this country qualify.
Which broker leads it, and on what basis?: Fusion Markets leads it with a score of 4.63. The order is computed score, highest first; unscored brokers follow.
What does a trade typically cost here?: The median round turn - spread plus commission for one standard lot, in and out - is 6.0 USD across the brokers that publish both parts.
Why do some rows show a dash instead of a figure?: Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.

How this slice is scored

Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

Verified · What changed · Sources(15 of 76 broker records)

Verified01.10.2026

data re-captured 28.09.2026

Risk warning and affiliate disclosure

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.