Brokers with the Best Bonuses in Australia

AvaTrade holds a direct ASIC license in Australia — some of the strongest retail trader protections available in the region. For Australian traders who want genuine regulatory depth alongside a broad instrument range, copy trading tools and AvaProtect trade insurance, it's one of the more complete regulated options on the market.

XM is regulated by ASIC in Australia — direct local oversight with strong retail client protections. For Australian traders who want genuine regulatory depth alongside a $5 minimum deposit, spreads from 0.0 pips on the Zero account, and a free education ecosystem that includes 24-hour XM Live streaming and in-person hotel seminars, it's one of the more complete options on the market.

Quotex is not an investment app — it offers binary options only, which are highly speculative bets on price movements with an all-or-nothing outcome. Not regulated by any recognised authority. Very high risk.

Plus500 is ASIC-regulated in Australia with strong local client protections. Spreads aren't the tightest compared to ECN alternatives, but for traders who want a clean, heavily regulated CFD platform without commission complexity it's a genuinely well-rounded option.

Good for Australian forex and CFD traders who want four platforms and NDD execution. Worth noting: the account runs under the SCB entity, not ASIC — Australia's stronger retail client protections don't apply here.