Best Brokers for Futures Trading in Australia
Compare the best brokers for futures trading in Australia with access to global markets, competitive spreads and reliable execution.
Australia
>
Rankings
>
Futures
21.4.26
AvaTrade
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
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.
BlackBull
BlackBull Markets was founded in New Zealand — a neighbouring jurisdiction with strong regulatory credibility. FMA-regulated with true ECN execution, 26,000+ instruments and one of the broadest platform selections in the industry. Leverage up to 1:500. Most international clients trade under the Seychelles entity — worth noting before opening an account.
Plus500
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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro
ASIC-regulated in Australia with strong local client protections. eToro's combination of real stocks, commission-free ETFs, crypto and CopyTrader social investing makes it one of the more complete and accessible platforms for Australian retail investors. Spreads are above average — worth knowing if you're an active trader.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
What to Consider Before Choosing a Futures Trading App
Not all futures trading apps play in the same league. Some are built for active traders using high leverage, while others prioritise simplicity or access to specific markets.
Choosing the wrong one doesn’t just affect your experience—it directly impacts your results.
1. Available Markets
Not all platforms offer the same assets. Some focus on crypto futures, while others provide access to indices, commodities, or even interest rate futures.
Key question: Will you trade leveraged Bitcoin or prefer the S&P 500?
2. Leverage and Margin Requirements
This is where apps really start to differ.
Leverage determines how much you can amplify a position with limited capital, while margin defines how much you need to open and maintain that position.
Translation: two apps may offer the same asset… but require completely different capital or liquidate you much faster.
3. Fees and Hidden Costs
The classic mistake: focusing on “zero commission” and ignoring everything else.
Per-contract fees
Spreads (can vary significantly)
Funding costs
Rollover or maintenance fees
In futures trading, small, recurring costs can add up to big differences over time.
4. Contract Expiration (Rollover)
Futures contracts have expiration dates—and each app handles them differently.
Some platforms automatically roll positions over, while others require manual management.
If you overlook this, you may close trades too early or incur unnecessary costs.
5. Platform and Trading Experience
Speed, execution, and tools make all the difference when markets move fast.
Advanced charting
Order types (stop, limit, trailing)
Fast execution
Mobile vs desktop experience
A good app won’t make you profitable—but a bad one can make you lose faster.
6. Regulation and Security
Not all platforms operate under the same level of oversight.
Depending on the app, you may be trading in highly regulated environments… or in more flexible (and riskier) ones.
7. Trader Profile
Not every app is built for every trader.
Beginners: simple interfaces, lower leverage
Intermediate: balance between tools and usability
Advanced: fast execution, complex derivatives, high customisation
Conclusion
Choosing a futures trading app is not just about interface or popularity. It’s about understanding how each platform affects your capital, risk, and trading style. Because in the end, you’re not competing against the market… you’re competing against your own decisions.