28/10/ · Best Forex Trading Platforms Australia Reviewed 1. eToro – Overall Best Forex Trading Platform Australia. The Forex trading platform that came out on top after our 2. 25 rows · 5/10/ · Trading forex (currencies) in Australia is popular among residents and Estimated Reading Time: 5 mins At Forex Platinum Trading, our team of professional education experts has over 17 years of experience in Forex Trading in Australia and worldwide. Since we opened our doors to start 21/9/ · Best Forex Trading App Australia. See the best trading platforms available as an app. Eightcap - Best Forex Broker App Overall ; Pepperstone - Great Range of Platforms 1/11/ · Plus – CFD Broker with Shares, Forex, ETFs and Crypto. Interactive Brokers – Best Trading Platform Australia for Stocks. blogger.com – Best Trading Platform With Low ... read more
The best forex broker offering MT4 is Pepperstone, which has some of the lowest spreads in , the fastest execution speeds and good trading customer service. Most brokers offer variable spreads, so it is important to choose the right broker for fixed spreads. Brokers that offer Fixed spreads include AvaTrade, easyMarkets, FxPro and OctaFX. You can find out more about these brokers our best Fixed Spread Brokers page. MetaTrader 4 is the most popular software for trading forex but MetaTrader 5 is quickly gaining market share due to its additional CFD functionality.
MetaTrader 4 Brokers MetaTrader 5 Brokers Spread Betting Platforms UK CFD Trading Platforms Automated Trading Software Scalping Trading Software Beginner Forex Trading Platforms Micro Currency Platforms. Pepperstone Review IC Markets Review FP Markets Review CMC Markets Plus Review eToro Review IG Review FXCM Review.
Home » Best Forex Trading Platform. Best Forex Trading Platform Guide The forex trading software is the most critical component traders need to consider when selecting a forex broker. Written by Justin Grossbard Written by Justin Grossbard Co Founder. Edited by Riley Adams Edited by Riley Adams Senior Trading Editor. Reviewed by Justin Hertzberg Reviewed by Justin Hertzberg Forest Park FX President. Fact Checked We double-check broker fee details each month which is made possible through partner paid advertising.
Learn more this here. Best Forex Trading Platforms The top 10 forex brokers in Australia based on forex trading platforms are: Pepperstone - Best MetaTrader 4 forex broker. IC Markets - Best MetaTrader 5 CFD broker. eToro - Top social and copy trading platform. Plus - Great forex platform for beginner traders. CMC Markets - Good share and forex trading platform. FXCM - Great forex trading app with NinjaTrader. OANDA - Top TradeStation software platform. IG - Largest forex broker with ProRealTime.
FxPro - Best cTrader forex broker for scalping. City Index - Good eSignal charting software. Visit Site. Our Rating. Review Of Pepperstone. Review Of IC Markets. CMC Markets Review. Review Of FXCM. Review Of Plus ASIC Australia. FCA UK. Raw Spread. Commissions USD Base. Minimum Deposit.
Swap Free Account. No Inactivity Fees. Funding Methods. No Funding Fees. Currency Pairs. Index CFDs. Share CFDs. Commodities CFD. Retail Max Leverage Australia. Max Leverage Australia. MetaTrader 4 MT4. MetaTrader 5 MT5. Proprietary Platform. Automated Trading. Standard Stop Loss. Guaranteed Stop Loss. Demo Account. Pepperstone Is The Best MetaTrader 4 Broker. Standard Account Spreads. Base Currency USD EUR AUD GBP.
Total Fees. Visit Broker. Commissions Per Lot Australian Dollar US Dollar British Pound The Euro Swiss Franc Canadian Dollar Singapore Dollar New Zealand Dollar Hong Kong Dollar Japanese Yen MetaTrader 4 AUD 3. Our Rating The overall rating is based on review by our experts. IC Markets Is The Best MetaTrader 5 Broker. IC Markets MT5 Spread Comparison.
FxPro offers spreads of 0. FXCM Has The Best Forex Trading App FXCM is the best NinjaTrader broker and also has the best mobile app through its Trading Station proprietary platform. Background To NinjaTrader Based out of the USA, NinjaTrader is an advanced charting forex software package created in Cons Of NinjaTrader NinjaTrader is only offered by six foreign exchange brokers. Final Verdict For FXCM FXCM is the leading regulated broker offering both NinjaTrader and Trading Station, with the latter offering the most advanced mobile app for both iPhone, iPad and Android devices.
IG Is The Best ProRealTime Broker IG has , clients globally and is listed on the FTSE Pros Of ProRealTime As outlined above, the technical analysis functionality of ProRealTime is the key strength of the trading software. Cons Of ProRealTime The platform was not designed for mobile trading with no trading apps available.
More Details About IG There are two types of trading accounts. Standard Account. eToro Offers The Best Copy Trading Software When opening an eToro trading account, a demo account is automatically created. A Deep Dive Of The eToro Trading Platform eToro specialises in social trading and copy trading with a platform specifically designed for trading CFDs. eToro Copy Trading Platform Pros The most obvious advantage of the eToro trading platform is that the platform is specifically designed for social trading.
The eToro Trading Community eToro has millions of traders but more importantly, it has the most traders engaged in social trading. Financial Markets Offered By eToro In , 47 currency pairs can be traded with eToro. Final Verdict On eToro eToro is recommended for social and copy trading based on market share. Plus Trading Platform Plus is a CFD provider that offers a large range of financial instruments for trading.
Advantages Of Plus Platform Plus trading platform is well known for its ease of use when trading its large range of financial products. Disadvantages Of Plus Platform The Plus trading platform has several limitations. Final Verdict On City Index Overall, the City Index TradingView platform has professional capabilities and trading tools that can satisfy the needs of the most sophisticated traders.
Advantages of choosing CMC Markets include: Access to 10, CFD products Competitive commission-free trading for all CFD products except shares Share trading via CMC Invest Platform Risk management with a Guaranteed Stop-Loss Dynamic charting Range of order executions types Automated execution Next Generation The CMC Markets Next Generation trading platform comes with a number of features that make them stand out in a competitive market.
CMC Markets has great execution While CMC Markets is a market maker, they operate more like a no dealing desk broker. CMC Markets Range Of Markets Is Large With 10, products to trade, CMC Markets has one of the largest range of products for trade of all brokers. TradeStation TradeStation is an online charting system and social network for traders to converse with each other, share ideas and trade scripts. Advantages Of The TradeStation Platform The major advantages of the TradeView platform are its charts and social trading features.
Disadvantages Of TradeStation Platform TradeStation is not a true trading platform. OANDA Is The Best TradeStation Broker OANDA ranks as the best US-based forex broker offering TradeStation which they call OANDA Trade Web, OANDA Trade Desktop and ONADA Trade Mobile and Table app.
Some Autochartist features and advantages are listed below: Ongoing market screening of potential forex chart patterns Get customisable alerts for your preferred trading signals Market volatility analysis Historical performance stats of your trading activity And much more Make better trading decisions with indicators, overlays and tools, including AutoChartist. At OANDA, forex traders can deposit and withdraw money through 4 supported payment methods including: Debit card MasterCard, Visa or Discover Bank transfer Cheques USD only Automated clearing house ACH Additionally, OANDA supports not only the major currencies for deposits which include USD, AUD, GBP and EUR, but it also supports minor currencies like the CAD, HKD, JPY, SGD and CHF.
Final Verdict On OANDA OANDA was found to be the best forex broker for the TradeStation platform powered by its advanced price technology. Types Of Forex Trading Platforms What is the most popular forex trading platform? By market share the most popular trade platforms are: MetaTrader 4 MT4 for forex trading with advanced features for algorithmic and copy trading facilities MetaTrader 5 MT5 for CFD trading from currency to shares with enhanced charting tools cTrader for expert brokers with servers based in London and the fastest execution speed for automation Most regulated brokers will offer MT4 and MT5 while cTrader is niche software only provided by a handful of CFD specialist providers.
How should I choose a forex trading platform? A trader should base their forex trading platform based on their experience level and needs with the best software for: A Currency Trader — Choose MetaTrader 4 with Pepperstone who is the best broker. A CFD Trader — Choose MetaTrader 5 offered by FP Markets which has the lowest spreads. A Beginner Trader — Choose the Plus Platform made for novice traders A Scalper — cTrader is best for automation with FxPro having the fastest execution speed.
A Copy Trader — Choose the eToro Platform with specialist social trading software. Algo Trading Australia List Compare software designed for automated trading. UK Traders Compare UK forex brokers that are FCA regulated offering the best software. Canadian Traders View the Canadian brokers based on the trading software packages offered.
About the author: Justin Grossbard With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in Notify of. new follow-up comments. Inline Feedbacks. Adam Belas. What do your recommend? David Levy. Michael Jonas. In Australia what is the most popular trading software used for forex? In particular their range of cryptos.
No other broker offers crypto pairs to choose from, and many of these pairs can also be traded vs AUD, CAD, GBP, EUR and even BTC in addition to USD. Eightcap is a MetaTrader-only broker, offering both MT4 and MT5 as their main third-party trading platforms. Additionally, there is TradingView, a charting package, and a range of additional platforms to enhance your overall trading experience.
MT4 is still one of the most popular Forex trading platforms out there, while MT5 has a greater range of markets and trading tools, so is better suited for CFD trading. As a charting platform, TradingView is perhaps suited for more advanced traders, particularly those that favour technical analysis. The platform contains plenty of charting tools and indicators to customise your trading strategy. Crypto crushes are a trading enhancement tool for the crypto market. As Eightcap is a crypto-specialist with over tradeable products, this is a very useful platform.
You can customise your order types with precise entry, target and stop levels, and use in-depth market trend analysis and exclusive indicators. There is also a hour chat room for extra support. The Amazing Trader is a charting algorithmic platform for FX, indices, cryptos and metals with an in-built risk management tool, that you can turn on and off at your discretion.
With a great range of trading platforms coupled with a wide variety of trading tools, Pepperstone has many platform advantages for mobile trading. One of these advantages is locking in competitive prices at high speeds with the broker due to Pepperstone having servers in the NY4 Equinix data centres, resulting in less risk of slippage. Pepperstone also offers some of the best customer support coverage out there, with hour customer support on the weekend, along with hour coverage during the workweek.
Like Eightcap, Pepperstone is a third-party app specialist, particularly the two MetaTrader platforms. You can trade via 3 apps: MT4, MT5, and cTrader. Given the size of the community, this means there is good support for the platform. The addition of cTrader gives Pepperstone a competitive advantage in terms of the variety of platforms on offer. cTrader has been custom designed for use with ECN brokers, with the execution of trades and charting front of mind when using the platform.
Pepperstone offers the Standard and Razor accounts based on the trading platforms they offer: MetaTrader, cTrader and TradingView. The Razor account also offers spreads with an average between 0 and 0. The Standard account is commission-free and with competitive average spreads, as low as 0. The below table highlights Pepperstones average spreads compared with other major brokers.
Spreads on the Pepperstone standard account are some of the lowest in the industry, making them a safe choice for no commission trading. For autotrading enthusiasts, cTrader has an additional benefit, letting you use cTrader Automate, a useful algorithmic trading tool.
You can view the best automated trading platform Australia list to view the brokers offering algo trading. Pepperstone also has a great range of social trading platforms, which include the popular MyFxBook, DupliTrade and the native MetaTrader plugin, Trading Signals, all with their own specific trading advantages.
MyFxBook is suited for auto-trading without the need for advanced coding skills , DupliTrade for proprietary FX signals and Trading Signals allows you to access thousands of expert trading strategies from MT4 and MT5.
Pepperstone package it all together by allowing you to trade on multiple trading platforms using only one account. With the best social investment network out there, eToro is our top social trading broker, delivering a user-friendly and inclusive app that is suited for those new to trading. Another key feature of eToro as a social trading broker includes their impressive and unique CopyTrader and SmartPortfolios platforms, copy trading platforms designed both for individuals and fund managers.
An intuitive app, some of these trading benefits include having transparent fees and over financial tradeable instruments to choose from. eToro also offers the eToro Money app for crypto trading and money transfers, which also includes support for social trading. There are supported cryptocurrency pairs. The app may lack in terms of customisation tools, such as advanced charting or technical indicators but there is still great support in terms of research tools and their well-established eToro social trading community.
The eToro trading platform is available as a web trader, which is where the platform really shines. Here you will get access to more features available such as ProCharts, which has 66 indicators, 13 drawing tools, and the ability to create watchlists. eToro also offers two social trading-specific platforms: CopyTrader and Smart Portfolios formerly CopyPortfolios. CopyTrader has the retail investor in mind, allowing you to copy the successful trading strategies of experienced investors.
If you are a professional trader, you can receive exclusive benefits with the Popular Investor program such as spread rebates, monthly payments, and even a management fee if you allow other investors to copy your strategy, based on four levels, from Cadet to Elite. SmartPortfolios is designed for portfolio management. As such, the platform is great for fund managers by grouping traders into single funds for copy trading.
This could benefit both self-directed and passive traders looking to diversify or create a portfolio based entirely on one or more CopyPortfolios. SaxoBank scores points not only for a stunning selection of 40, tradeable securities but also for an impressive selection of platforms, across the board, that are amongst the best performing on mobile.
The Australian broker is also competitively priced, particularly for active traders, and those able to maintain large account balances. The SaxoTraderGO app houses an astonishing amount of features and trading tools, in an impressive, intelligent design. From the charting front, there are 20 drawing tools and 62 charting indicators. There is also an abundance of info within each tab including related videos, articles, news headlines, market research, and trading signals.
SaxoInvestor is another handy platform that gives you the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios.
The key difference between SaxoInvestor and SaxoTraderGO is a simpler interface that caters for the needs of the typical investor as well as access to cash products solely. SaxoBank also offers useful third-party platforms, MetaTrader 4 and TradingView as alternatives to their proprietary platforms as downloadable apps.
Saxo Bank has 3 types of trading accounts: Classic, Platinum and VIP, all of which are commission-free for Forex. When CFD trading, commissions only apply for stocks and ETFs.
Entry fees are more expensive than your average broker but the pricing overall is amongst the best of all online brokers. One thing to note is that Saxo offers far more than CFDs. Interestingly only 7 forex pairs are available for CFD trading but pairs use spot and with forwards. Another interesting point to note is cryptocurrencies are not available as CFD but can be traded using spot and as ETFs and ETNs. In addition to its mobile trading apps, SaxoBank has an excellent array of web and desktop platforms with streamlined designs and robust trading tools.
There is also the SaxoTraderPRO platform, which is desktop-only. The platform balances ease of use with advanced features seamlessly, without sacrificing functionality. Meanwhile, SaxoTraderPRO has a similar look and feel to SaxoTraderGO. However, the PRO platform offers a larger selection of professional trading features, supporting up to six monitors, streaming Level 2 order books, streaming time and sales, and algorithmic orders. Then there are the third-party platforms, TradingView, MetaTrader, Dynamic Trend, Updata, MultiCharts, and other trading connectivity via API.
Oanda is another highly reputable broker with top-charting via the TradingView mobile app and plenty of support for third-party platforms. Regulated in six tier-1 jurisdictions, Oanda is considered a safe broker low-risk for forex and CFDs trading. Powered by TradingView, the app is particularly useful for its charting tools, with 32 technical indicators, 11 drawing tools and 9 chart types. Opening a chart on the FxTrade app is as easy as clicking the graph icon at the bottom of the watchlist.
The interface is also highly customisable which includes notifications, charts and order sizes. You can even open a trade ticket window from within the charts, seamlessly. Spread-only is their commission-free account with competitive spreads, starting at 0. Additionally, there are no funding costs and you can trade in units of 0. Switching between the web-based and desktop versions of FxTrade is also seamless given they are identical to each other. Additionally, OANDA supports a range of third-party platforms, largely charting-focused, such as TradingView, NinjaTrader, MultiCharts, and MotiveWave.
As a fixed-spread broker, AvaTrade has an advantage against other brokers, particularly in the volatile Forex market where the spreads are variable. AvaTrade also has a good range of Forex and CFD trading platforms, which includes great copy trading options with solid mobile offerings. More often than not, however, spreads will be fixed.
AvaTradeGO and AvaOptions are two in-house trading platforms, available as apps with AvaTrade via the Google Play or Apple Store. AvaTradeGo stands out for its market trend and trading analysis tools, including a robust set of syncing watchlists and 93 charting indicators.
Fast paced price action trading applied on the lower timeframes. Perfect for those looking to make quick profits.
Identifying specific price action patterns, intraday trading couldn't be any easier. Medium term profits, applied on multiple timeframes and easy learn. Day to day commitments too much? Combine some clean charts with a price action pattern and sit back while your money works for you. Price moves in waves. Find the retracement, ride the wave and capitalise on the movement. If you are hungry for profits, this intraday strategy is for you. Join us online in real time on a daily basis as we come to you live multiple times a day.
Interact with us and ask any Forex related questions. Join us online and pick our brains as we educate you on specific Forex related topics. Our educational workshops will come in a mixture of live and recorded content. Our online community will give you the opportunity to discuss Forex trading with our mentors and other members at any time of the day. Keep up to date with Forex related topics. You will have access to our video content library that will undoubtedly help you grow your Forex knowledge.
You will have access to daily market technical reviews. We will break down what is happening fundamentally and technically. Regular seminars held nationally and internationally so you can meet our team in person. Understand how we can help you learn more about Forex trading. Forex Platinum Trading works with a range of partners to give you the best in Forex Trading products and services. Forex trading, or foreign exchange trading, is the process of buying or selling different currencies in the Forex market — the world's largest and most recognisable financial market.
Looking for the best forex brokers in Australia in ? To help you find these trading platforms, we looked at more than online brokers, checked and compared their fees, currency pair selection, charting tools and educational materials. We weighed the overall level of their services and assessed their safety profile. Now let's jump straight to the results. While many forex brokers catering to clients in Australia offer an excellent service, the ones in our toplist go the extra mile.
These international brokers and trading platforms are suitable for beginners and experienced traders alike. Foreign-currency forex trading in Australia is overseen by the Australian Securities and Investments Commission ASIC.
In addition to rooting out fraudulent behavior in the forex market, the financial market regulator is also in charge of issuing licenses to brokers. Under Australian law, only brokers authorized by ASIC are allowed to accept forex and CFD traders. The Australian dollar AUD , which became a free-floating currency in , ranks among the top five most traded currencies globally.
The AUD exchange rate is highly volatile as the currency's value is closely linked to commodity prices Australia is rich in natural resources , which also fluctuate quite widely. Naturally, forex traders in Australia have a wide variety of currency pairs to choose from, they are not limited to trading the AUD only. The global currency market is huge and highly liquid, meaning that there is a high number of buyers and sellers at all times. If you're a beginner, be careful with forex trading as forex products are complex and risky, therefore not suitable for everyone.
You can easily lose all your invested money. If you don't know how forex trading works, take a look at our forex education articles. Not sure which broker to choose? Check out our broker finder tool for a personalized broker recommendation. An excellent overall service level is required to make it to the BrokerChooser list of best brokers in any category.
In addition, all service providers included in our list are reliable brokers. When it comes to forex trading and forex brokers, some criteria weigh more heavily in our methodology.
Please select your country. And now, let's see the top forex brokers in for Australian residents one by one, starting with the winner, Saxo Bank. Saxo Bank, a Danish investment bank founded in , is regulated by several financial authorities globally, including the Danish Financial Services Agency FSA and the UK's Financial Conduct Authority FCA.
Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety. Australian investors trade with Saxo Capital Markets AU Pty. Ltd , an ASIC-regulated entity of the broker. Australians are not entitled to investor protection but the broker provides negative balance protection for forex spot and CFD trading for retail clients from the European Union and some other countries from the MENA region. Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research tools.
Visit broker. Fusion Markets is an Australian discount forex broker founded in It is regulated by the Australian Securities and Investments Commission ASIC and the Vanuatu Financial Services Commission VFSC. CMC Markets is a global CFD and forex broker, founded in It is regulated by several authorities globally, including the top-tier German regulator Bundesanstalt für Finanzdienstleistungsaufsicht BaFin. The company is also listed on the London Stock Exchange, which adds an additional layer of regulatory scrutiny.
Australian residents are served by CMC Markets Asia Pacific Pty Ltd , an ASIC-regulated legal entity of CMC Markets. Australian traders are not eligible for investor protection or negative balance protection.
Interactive Brokers, one of the biggest US-based discount brokers, was founded in The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority FCA and the US Securities and Exchange Commission SEC , and is considered safe.
Australian investors trade with Interactive Brokers Australia Pty Ltd , a legal entity of IB regulated by ASIC. Australian residents are not entitled to investor protection or negative balance protection. com is a global CFD broker founded in Its legal entities are regulated by the UK Financial Conduct Authority FCA , the Cyprus Securities and Exchange Commission CySEC , the Australian Securities and Investments Commission ASIC and the Financial Services Authority of Seychelles FSA.
Australian residents are served by Capital Com Australia Limited , an ASIC-regulated legal entity of Capital. Customers trading with this entity are not entitled to investor protection, however, Capital. com provides negative balance protection to all its customers.
Visit broker In Australia, only brokers authorized by ASIC, the country's national financial market regulator, are allowed to accept forex and CFD traders.
Save hours of research and check out our broker recommendation tool that will give you a tailor-made list of the best forex brokers available to you based on your residency and trading preferences. Foreign currency forex trading is fully legit in Australia and the market is overseen by the Australian Securities and Investments Commission ASIC. The regulator is responsible for rooting out fraudulent behavior in the forex market, bolstering competition among service providers and issuing licenses to brokers.
Australian law requires all brokers that accept forex and CFD traders to be authorized by ASIC by obtaining an Australian Financial Services License AFSL. Make sure your broker has an AFSL, check their website for the license number. Use our in-depth broker comparison table to see how your broker compares to similar service providers.
Currency trading in Australia is recognized as an income generating activity and profits resulting from forex trading will be taxed.
You will need to pay taxes after profits you made within the tax assessment year. Forex gains and losses are generally brought to account as assessable income or allowable deductions, when realised.
Everything you find on BrokerChooser is based on reliable data and unbiased information. Read more about our methodology. Compare brokers. Compare Broker tool. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto. COMPARE BROKERS. Compare highest-rated brokers. Interactive Brokers vs Saxo Bank.
DEGIRO vs Interactive Brokers. Saxo Bank vs Swissquote. com vs XTB. Interactive Brokers vs TD Ameritrade. eToro vs XTB. Interactive Brokers vs Tradestation. Fidelity vs Interactive Brokers.
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Answer a few simple questions and get a list of the most relevant brokers. FIND MY BROKER. Best brokers by category. Best stock brokers. Best brokers for ETF. Best forex brokers. Best CFD brokers. Best online brokers for crypto trading. Best brokers for futures. Best brokers for options trading. Best brokers for beginners. Best brokers for ESG trading. Country-specific recommendations.
21/9/ · Best Forex Trading App Australia. See the best trading platforms available as an app. Eightcap - Best Forex Broker App Overall ; Pepperstone - Great Range of Platforms At Forex Platinum Trading, our team of professional education experts has over 17 years of experience in Forex Trading in Australia and worldwide. Since we opened our doors to start 28/10/ · Best Forex Trading Platforms Australia Reviewed 1. eToro – Overall Best Forex Trading Platform Australia. The Forex trading platform that came out on top after our 2. 1/11/ · Plus – CFD Broker with Shares, Forex, ETFs and Crypto. Interactive Brokers – Best Trading Platform Australia for Stocks. blogger.com – Best Trading Platform With Low Best forex brokers and trading platforms in Australia in ; Broker FX Commissions per lot Minimum deposit Account activated in Credit/debit card deposit; Saxo Bank: No commission is 14/11/ · The best rated Trading Platforms Australia broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum ... read more
Some providers also support e-wallets like Paypal. Final Verdict On City Index Overall, the City Index TradingView platform has professional capabilities and trading tools that can satisfy the needs of the most sophisticated traders. IC Markets Is The Best MetaTrader 5 Broker. Where Pepperstone stands out is in lowest rates. Edited by Riley Adams Edited by Riley Adams Senior Trading Editor. These include ASIC in Australia, the FCA in the UK, and the CFTC in the US.Saxo Bank, forex trading platform australia. Spread Betting. CMC Markets Is A Good Choice For Beginners CMC Markets is a great broker for beginners, delivering a user-friendly, award-winning app, their Next Generation platform, with multiple additional trading tools and features. Rather than conducting your own research and executing individual trades, you instead copy the trades of other, potentially more experienced investors. About the author: Justin Grossbard With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex trading platform australia Brokers in ESG Investing. You will have access to our video content library that will undoubtedly help you grow your Forex knowledge.