Brokers not authorised by the CFD 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 (23 of 76 counts · 64 brokers onboarding Australian residents)

23of 76

qualify for this ranking

30% of 76

20of 23

scored on all six axes

87% of 23

73of 76

publish a price

96% of 76

42of 76

publish a leverage figure for this country

55% of 76

Top 3 (of 3 ranked)

1Grand Capital4.14highest score of the three · no asic shown · withdrawal in 0.25 h 2FreshForex4.13offshore, unverified au · withdrawal in 0.166667 h 3FxPro4.11cheapest priced of the three · not asic regulated · withdrawal in 3 h

Brokers not authorised by the CFD in Australia (23 of 76)

By slice score, formula v1.0. · 23 of 64 brokers in this ranking · all 23

#	Broker	Round turn, USDAU	Min deposit, USDAU	Leverage	Withdrawal, hAU	Score	Execution	Founded	Funding
1	Grand Capital	5	10 group	1000AU	0.25	4.14	ECN/raw + standard	2006	4 methods
2	FreshForex	6	10 group	2000AU	0.17	4.13	ECN/raw + standard	2004	—
3	FxPro	3.5	—	200AU	3	4.11	ECN/raw + standard	2006	—
4	ActivTrades	4.2	—	400AU	24	4.02	ECN/raw	2001	3 methods
5	CFI	—	—	500AU	24	4.02	ECN/raw + standard	1998	—
6	OctaFX	9	25 group	500AU	3	4.01	ECN/raw + standard	2011	2 methods
7	LiteFinance	5	—	1000AU	24	3.93	ECN/raw + standard	2005	3 methods · local
8	NordFX	7	—	1000AU	24	3.92	ECN/raw + standard	2008	—
9	BlackBull Markets	6	—	500 groupAU	72	3.86	ECN/raw + standard	2014	1 methods
10	FXOpen	1.5	—	500 groupAU	24	3.85	ECN/raw + standard	2005	2 methods · local
11	HYCM	5	20 group	30AU	24	3.81	ECN/raw + standard	1977	—
12	FXChoice	7	—	1000 groupAU	24	3.79	ECN/raw + standard	2010	—
13	Dukascopy	8	—	200AU	48	3.77	ECN/raw + standard	2004	3 methods
14	Errante	6	50 group	1000 groupAU	24	3.77	ECN/raw + standard	2019	—
15	Headway	3	—	—stated, not verified	0.5	3.76	ECN/raw + standard	2023	3 methods · local
16	CMTrading	8	—	200 groupAU	24	3.69	ECN/raw + standard	2012	2 methods · local
17	Exinity	4	100 group	5000 groupAU	24	3.66	ECN/raw + standard	2020	—
18	FXGT	6	5 group	5000AU	72	3.58	ECN/raw + standard	2019	—
19	Milton Prime	—	300 group	500AU	24	3.56	—	2015	2 methods · local
20	XChief	5.5	—	1000AU	120	3.55	ECN/raw + standard	2014	—
21	Swissquote	16	—	—stated, not verified	24	3.5	ECN/raw + standard	1996	3 methods
22	BDSwiss	5	10 group	2000AU	24	3.37	ECN/raw + standard	2012	3 methods · local
23	T4Trade	18	—	1000AU	24	3.14	Standard	2021	—

Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

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

FxPro publishes a retail leverage of 1:200 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. Grand Capital — highest score of the three · no asic shown · withdrawal in 0.25 h (score 4.14)

Round turn: 5 USD
Withdrawal: from 15 minutes
AUD account: Not clearly stated
Leverage: 1000AU
Accepts residents: through an offshore entity
Onboarding entity: Global offshore entity
Founded: 2006
Register: https://au.trustpilot.com/review/grandcapital.net · 11.10.2026
Group leverage: uncleargroup
Instruments: 500+ instruments
Platforms: MT5cTraderWebTradingView
Funding: Not clearly stated
Not served: United States, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Germany, Portugal, Denmark, Estonia, Slovenia, Greece, Malaysia, Russian Federation

Reviews25%85
Round-turn cost20%100
Safety0
Payouts15%
Track record10%
Platforms50

Why it ranks here

Round turn 5 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.14.

Watch for

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

Full review of Grand Capital

2. FreshForex — offshore, unverified au · withdrawal in 0.166667 h (score 4.13)

Round turn: 6 USD
Withdrawal: within 10 minutes during business hours; actual receipt can take several business days
AUD account: Not specified
Leverage: 2000AU
Accepts residents: through an offshore entity
Onboarding entity: Global offshore entity
Founded: 2004
Register: https://freshforex.com/ · 11.10.2026
Group leverage: unclear
Instruments: 270+ CFDs, forex, crypto
Platforms: MT5MT4Web
Funding: No AU-specific methods shown
Not served: United States, United Kingdom, China, Hong Kong, Iran, Democratic People's Republic of Korea, Myanmar, Spain

Why it ranks here

Round turn 6 USD against the slice median 6 USD. strongest axis track record 100 of 100. total score 4.13.

Watch for

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

Full review of FreshForex

3. FxPro — cheapest priced of the three · not asic regulated · withdrawal in 3 h (score 4.11)

Why it ranks here

Round turn 3.5 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.11.

Watch for

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

Full review of FxPro

What the data shows(23 of 76 distributions · 64 brokers)

Swap-free availability (23 of 76 brokers)

Offered30Not offered14

Admin fee after the free period (23 of 76 swap-free)

Never16After 3–30 days9not published5

Who onboards Australian residents (23 of 76 brokers)

Local ASIC entity20Offshore entity24

AUD account (23 of 76 brokers)

Yes16No23not published5

Licensed in Australia, or not (66 of 76)

35Local licence

31Offshore

Retail leverage in Australia (62 of 76 · median 1:500)

40<1000

111000-2000

52000-3000

33000-4000

34000+

Full list(23 of 76)

1Grand Capital4.14
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10 group
Leverage
1000AU
AUD
Yes
2FreshForex4.13
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10 group
Leverage
2000AU
AUD
Yes
3FxPro4.11
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
3.5
Leverage
200AU
AUD
Yes
4ActivTrades4.02
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
4.2
Leverage
400AU
AUD
Yes
5CFI4.02
Onboards
Local · ASIC
Swap-free
none, no limit
Leverage
500AU
AUD
Yes
6OctaFX4.01
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
25 group
Leverage
500AU
AUD
Yes
7LiteFinance3.93
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5
Leverage
1000AU
AUD
Yes
8NordFX3.92
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Leverage
1000AU
AUD
Yes
9BlackBull Markets3.86
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Leverage
500 groupAU
AUD
Yes
10FXOpen3.85
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
1.5
Leverage
500 groupAU
AUD
Yes
11HYCM3.81
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
20 group
Leverage
30AU
AUD
Yes
12FXChoice3.79
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
7
Leverage
1000 groupAU
AUD
Yes
13Dukascopy3.77
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
8
Leverage
200AU
AUD
Yes
14Errante3.77
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
1000 groupAU
AUD
Yes
15Headway3.76
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
3
AUD
Yes
16CMTrading3.69
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
8
Leverage
200 groupAU
AUD
Yes
17Exinity3.66
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
100 group
Leverage
5000 groupAU
AUD
Yes
18FXGT3.58
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5 group
Leverage
5000AU
AUD
Yes
19Milton Prime3.56
Onboards
Local · ASIC
Swap-free
none, no limit
Min deposit, USD
300 group
Leverage
500AU
AUD
Yes
20XChief3.55
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5.5
Leverage
1000AU
AUD
Yes
21Swissquote3.5
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
16
AUD
Yes
22BDSwiss3.37
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10 group
Leverage
2000AU
AUD
Yes
23T4Trade3.14
Onboards
Local · ASIC
Swap-free
none, no limit
Round turn, USD
18
Leverage
1000AU
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 15.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 5 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Australia?: 23 of 76 brokers measured for this country qualify.
Which broker leads it, and on what basis?: Grand Capital leads it with a score of 4.14. 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(23 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.