Best CFD Trading Platform Australia in 2022

Central Technology | Best CFD Trading Platform Australia in 2022 - If you are an Australian trader considering trading the markets using CFDs, you will need a high quality CFD trading platform.

The best CFD trading platforms in Australia are easy to use, have many different features to help you trade, have low trading fees and are transparent. It is also important that your CFD broker and CFD trading platform are strictly ASIC regulated in Australia.

In this in-depth guide, we'll take a look at the best CFD trading platform in Australia as well as some other quality alternatives for CFD traders.

Review of the best CFD trading platform in Australia

Now let's dig a little deeper and take a look at the best CFD trading platforms in Australia for 2022.

eToro - The Best CFD Trading Platform in Australia

After careful analysis, eToro has been voted the best CFD platform in Australia.

The eToro trading platform offers a wide range of markets available for trading. This includes over 2,400 exchange-traded stocks, cryptocurrencies such as bitcoin, forex, indices, oil, gold, and silver. 

Unlike many other brokers, eToro does not make money from charging you commissions. eToro makes money by charging spreads on every trade.

You can use leverage when trading derivatives CFDs on eToro in Australia. A retail trader with eToro can use up to 30: 1 leverage in certain markets. Note. Some trading instrument markets allow for higher leverage than others.

One of the most popular features of eToro is the social trading platform and the copy trades feature.

The way copy trading works is that you can follow and invest in other successful traders who trade in assets such as EUR / USD and AUD / USD. Then you can make money from their profitable trades. You can subscribe to any number of traders and invest in them, which will help spread your risk.

The trading platform offered by eToro is their own, and very easy to use. The platform can be accessed over the Internet on your desktop or from any of your mobile devices.

The eToro platform is very easy to use and when you are ready to place a trade, it will be very simple and straightforward. Before you enter a trade, the eToro platform will show you the potential profit or loss that you could take. This will ensure that you don't make fatal mistakes. You can also open a demo account.

eToro is an international CFD broker. This includes regulation by the Australian Securities and Investments Commission (ASIC) in Australia. eToro also has other Tier 1 licenses, including the UK FCA licenses, making it a very secure CFD provider.

eToro is one of the cheapest Australian CFD trading platforms that allows you to trade with leverage and no commissions. Their CFD platform is very easy to use and you can use it on your computer or mobile phone. When you're ready, they'll have a range of deposit and withdrawal options including e-wallet, bank transfers, and debit / credit cards.