Australia's Top CFD Brokers Offer Competitive Fees

CFD traders in Australia need to understand their costs to succeed.

The Australian Securities and Investments Commission (ASIC) regulates top-tier brokers, who charge fees that fall into two categories: direct trading costs and indirect/account fees. Direct trading costs include bid/ask spreads and commissions, while indirect fees cover overnight financing, currency conversion, inactivity fees, and guaranteed stop-loss fees.

Mitrade tops the list for its transparent pricing with zero indirect platform fees and low spreads on popular assets like AUD/USD (0.00007), EUR/USD (0.00006), USD/JPY (0.010), GOLD (0.45), US OIL (WTI) (0.08), US500 (S&P 500) (0.6), and Bitcoin (128.90).

Fusion Markets ranks second for its industry-leading trade execution times and transparent fixed fees, starting at 0.9 pips on spreads and a flat commission of $4.5 per trade.