Trading in Australia
Australia is one of the world's leading hubs for retail trading, overseen chiefly by ASIC, the Australian Securities and Investments Commission.
Top-rated platforms for Australians
Drawn from our full directory by availability and fit for the Australian market.
Regulation and ASIC rules
ASIC is known for strict consumer protections, including caps on leverage and mandatory risk disclosures. Any broker operating in Australia must hold an Australian Financial Services Licence (AFSL).
What to check
AFSL licence
Confirm a provider's licence on the ASIC register.
CHESS sponsorship
For shares, consider whether the broker offers CHESS sponsorship for direct ownership.
CFD restrictions
Know the leverage caps that apply to CFDs for retail clients.
Account security
Check how client money is handled and whether it is held in segregated accounts.
Where we stand
Live Market Wise Guide offers comparisons and education. We are not a financial adviser or a broker. Australian readers can also check the ASIC MoneySmart website for further guidance.