28/10/ · eToro – Overall Best Forex Trading Platform Australia AvaTrade – Top Forex Broker for Regulation; Plus – Forex CFD Broker with Tight Spreads; CMC Markets – Best 25 rows · 5/10/ · To find the best forex brokers in Australia, we created a list of all ASIC Estimated Reading Time: 5 mins 27/1/ · The best forex trading platform Australia offers a free demo account, a comprehensive educational center, and award-winning customer support. It offers live-chat Saxo Bank - low forex fees and great trading platforms. Fusion Markets - low forex fees and a superb selection of currency pairs. CMC Markets - low forex CFD fees and an excellent 2/9/ · Trading Platform. AvaTradeGO, MT4, MT5. Highlights. Offers low, competitive spreads across all asset classes. One of the most highly regulated online brokers in the market. Get ... read more
Compare Forex Brokers monitors the average spreads published each month and updates this table to reflect the most current information. As you can see, FP Markets is among the best for low spreads. spreads are taken from each broker's website and updated monthly. Choosing FP Markets as your online broker also means you get access to an excellent range of financial instruments to trade, including:.
Unlike humans, robots never sleep and have endless patience to scan thousands of markets. FP Markets operates globally and is regulated in two major financial hubs: Australia, by the Australian Securities and Investment Commission ASIC and Europe, by the Cypriot Securities and Exchange Commission CySEC. Due to the tight spreads of the FP Markets Raw Account, comprehensive regulatory protection across major financial markets and a wide range of available trading products, FP Markets has our vote for the best online broker for retail investors using MetaTrader 4 to trade with automation.
MT5 is the most popular CFD trading platform with features including:. It should be noted that MetaQuotes released MetaTrader 5 MT5 specifically to accommodate algorithmic trading for markets beyond currencies. Its growth in market share over the past two years highlights how traders are choosing the platform over the older MT4 software.
Similar to its predecessor, MT5 offers full automation capabilities in the form of Expert Advisors EAs , but with some significant improvements. EAs developed for MT5 are written in the MQL5 programming language. Unfortunately, because MQL4 and MQL5 differ significantly in terms of syntax, EAs developed using either language run only on the associated platform. Read: your amazing trading robot built with MQL4 will run just fine on MetaTrader 4 — not so much on MetaTrader 5.
MetaTrader 5 Strategy Tester also offers more robust backtesting options. Whereas MT4 can only support backtesting for bit memory and single currencies, MT5 offers multithreaded, multi-currency capabilities and can handle EAs up to bit. This allows for faster and more efficient algorithmic trading on MT5 when compared to MT4. Australian traders looking for MetaTrader 5 should choose Pepperstone based on their:.
Standard account spreads start from 0. Active traders, particularly scalpers and day traders, may find the spread and commission calculator below especially helpful in visualising the difference in trading costs with Pepperstone versus other online brokers. Mt5 traders can select from forex, indices, cryptocurrencies, such as bitcoin, and shares. ai may be just the solution for you. Founded in by two FinTech entrepreneurs and veteran traders, Capitalise.
ai aims to make technical trading accessible to non-coders by offering an extensive library of off-the-shelf automations traders can tweak using freestyle text. Notable features include:. As an entirely no-code automation tool, Capitalise.
ai may not have quite the range of options of other platforms with proprietary, open-source programming languages that developers can use to create off-the-shelf automations and bots, however it does offer a comprehensive suite of tools suitable for newer traders. In addition to a forward-looking live simulator, Capitalise. ai allows traders to assess the success of their automations based on past market conditions. Note, however, that the data provided may be more limited than other trading tools — months, rather than years.
Best known for its extensive range of cryptocurrency offerings, Australian online broker Eightcap has partnered with Capitalise. ai to empower non-coding account holders to access the benefits of automation. Eightcap remains an excellent choice for MetaTrader devotees, however, the addition Capitalise. ai to its list of plug-ins ensures that traders of any style can experiment with algorithmic trading. Other strong points include:. Eightcap account holders who opt for an ECN-like trading environment with the Raw Account will benefit from spreads as tight at 0.
The Standard account, which operates on a dealing-desk model, nevertheless offers similarly attractive spreads starting at 1. They also offer trading across five crypto indices on their retail investor accounts. Few ASIC-regulated forex brokers offer Capitalise. ai for Australian traders. Eightcap is one of those and the broker has one of the lowest spreads combined with strong Australia-based customer support led to the broker being recommended for the trading software. cTrader was released in by Spotware and caters to retail traders looking for an ECN-like trading experience.
The software provides optimal forex trading conditions and includes advanced interactive charting, trade execution and algorithmic features. Unlike MetaTrader, the cTrader platform uses an open-source programming language: traders develop cBots in the visual studio or inbuilt code editor using C. Automate API provides market data and trading functions to help you save time and effort when creating automated trading strategies.
cTrader Automate offers sophisticated backtesting features, meaning you can easily optimise cBots by testing them against historical data. Visual backtesting is available, as well as the ability to review trade statistics and store your backtesting data. Australian traders should select an ASIC-regulated forex broker with IC Markets is the best broker offering this trading software.
The primary reason IC Markets was chosen is based on the brokerage both spreads and commissions with the broker offering an ECN-style trading environment. This includes no broker intervention when trading ensuring straight-through trades with liquidity environments. ProRealTime is a technical analysis and trading platform that provides advanced charting and automated trading tools. The software also includes extensive inbuilt technical analysis tools, such as:.
Use the inbuilt wizard to define stops, objectives and conditions, then let the code generator do the rest. For those with coding experience or a desire to learn, ProRealTime also allows you to write your own automations using the ProBuilder programming language. ProRealTime has enabled offline algorithmic trading, and fast execution speeds help ensure your trades process at the correct price; two important features if you intend to pursue a fully automated trading strategy.
Traders can also download pre-built automated trading systems from the ProRealTime Marketplace, although the trading community is significantly smaller than MT4, MT5 or cTrader. In addition to multiple order types to help mitigate risk, ProRealTime also features a proprietary backtesting system — ProBacktest — to allow you to evaluate strategy performance against real-time market data.
IG is the largest Australian foreign exchange trading broker. As such, the broker offers the widest range of trading software and tools including ProRealTime. They have a large trading community, competitive brokerage and powerful services for automated trading leading to this recommendation.
Founded in , online broker eToro quickly made a name for itself and its proprietary trading platform by emphasising the social aspect of day-trading. More than a decade later, eToro boasts one of the largest, most active social-copy trading communities of any brokerage. eToro also offers proprietary social trading tools — CopyTrader and CopyPortfolios — designed to automate your trading via account mirroring.
It also separately offers stock trading for Australian traders. Whether you are a beginner or lack the time to trade yourself, the social-copy software provides valuable automation that saves you the time and effort of conducting research and executing individual trades.
Navigating the eToro platform is easy, thanks to a user-friendly design that plays on the game-ification of investing. Search for Popular Investors to mirror based on risk score, preferred assets, performance and more to find Popular Investors to follow. There are four tiers of Popular Investor, each with different requirements and benefits: Cadet, Champion, Elite and Elite Pro. In general, however, the more users who copy your trades and the more you invest in active trading with eToro, the higher your monthly returns.
Investment Portfolios is a longer-term investment product for those wanting a diversified portfolio that requires no hands-on management and automatically re-balances as needed. There are two types of portfolios:. For traders who prefer the look and feel of a MetaTrader platform, but want to explore automated social and copy trading strategies, MetaQuotes developed MetaTrader Signals.
Over 3, free and paid trading signals are available and are ranked by past trading success. The Top 8 MT4 Forex Brokers in Australia offer low spreads and a good selection of CFDs with cryptos and shares, as well as add-on tools to enhance trading conditions.
There are various brokers that offer MetaTrader 5. Click here to compare the best MT5 forex brokers. Thanks to no dealing desk intervention with low spreads, ultra-fast execution speeds and technical analysis tools, we found FxPro to be the best ASIC regulated broker with cTrader. Australian traders have a range of options when it comes to automated trading platforms and software. If you are new to forex, social-copy trading tools provide an easy entry, while experienced traders can develop algorithmic strategies using trading robots.
Below, we review the top automated trading platforms available to Australian traders, with recommendations for the best brokers offering each solution and the most compatible trading styles.
In the MetaTrader community, trading robots are referred to as Expert Advisors EAs , while on cTrader they are cBots. Algorithmic trading strategies allow you to create programs that automatically monitor financial markets as well as enter and exit trades according to your pre-set parameters.
Social trading and copy trading are a variety of automation that enables you to follow and copy trading strategies developed by more experienced traders within the forex community. Rather than conducting your own research and executing individual trades, you instead copy the trades of other, potentially more experienced investors. There are different types of account mirroring software, ranging from pure social trading platforms and communities like eToro, to copy trading tools like MetaTrader Signals.
Trading forex in Australia has unique but not insurmountable challenges. While the Australian Securities and Investment Commission ASIC provides ample regulatory protection, time differences and geographic remoteness can make following the markets difficult — another reason to explore automated trading strategies.
Australian traders seeking to capture profits from online trading currencies in foreign exchange currency markets forex face the issue that the times of peak currency market activity are out of sync with Australian time zones.
There are four predominant forex sessions throughout one trading day that are each based on the time in a major financial hub. Those sessions and locations are Sydney, Tokyo, London and New York, with each different session overlapping to a certain degree.
By far, the most critical session in which to take part is the tail end of the London Market and the beginning of the New York market. The four-hour period when those two sessions overlap is when the vast majority of trading activity, even activity related to the Australian and New Zealand dollars, takes place in terms of currency pair price movements.
For someone living in the Australian Eastern Standard Time AEST zone, those prime hours when the London and New York Forex sessions overlap are PM to 3 AM. Given that you would prefer to be sleeping during those hours, choosing the best trading platform for Australian traders requires various order types and algorithmic trading functions. No, you do not have to forego sleep to participate in the forex markets.
Strange as it may sound, trading in this fashion is less stressful, because price analysis, trade entries, exits and maximum acceptable risk are outside times of peak price activity, meaning your emotions will not get the better of you. A good trading platform for Australian traders will take the effect of time zones into account and offer tools to compensate for this.
You will be much more objective without watching trades go in your favour or against you, tick by excruciating tick. Likewise, you can determine logical entry and exit points and control your exposure to risk. For new traders, this discovery is often a welcome revelation. For those with some experience, it is a solid reality. The best trading platform Australia option should also factor in brokerage fees. There are two main brokerage fees:. ECN-like forex trading accounts charge a round trip, flat rate commission fee, where you pay a fixed commission per trade, or more often, by the quantity traded.
Commissions are more straightforward than spreads to calculate brokerage fees, hence why experienced traders prefer these online trading accounts. For Australian investors searching for an online share trading platform, IG Markets and easyMarkets offer both forex and share trading on their primary trading platforms. Another retail brokerage that offers a forex and share trading hybrid is CMC Markets. Alternatively, many forex brokers, such as Pepperstone, offer CFD share trading on the MetaTrader 5 trading platform.
Having a quality mobile trading app that you can easily exit or manage your trades with should be an important focus when choosing your Forex trading broker.
This is obviously a crucial factor for when you are ready to deposit and start trading with real money. It is important you are using a Forex broker that accepts the same type of payment method that you are comfortable with and trust.
It is also crucial that the payment method for deposits and withdrawals is fast, efficient and it comes with minimal fees or conversion costs. The best Forex brokers will offer you high-quality customer service. They will have multiple methods that are easy to use for you to get into contacts with them such as phone, live chat, or email and their staff will be knowledgeable. Some Forex brokers are easy to get in touch with, however, their customer support has very limited knowledge of the markets.
You need customer support that is knowledgeable about the markets and is there ready when you need them. So far through this in-depth guide, we have discussed the very best Forex trading platforms in Australia and the important factors you should take into account.
For this walkthrough, we are showing you how to signup and start trading Forex with our number one rated Forex broker in Australia, eToro. The first thing you will need to do whether you are opening either a demo, investor, or copy trading account is to go to eToro here.
You can then start the account opening process. On the eToro page, you will be required to fill out your name, username, email, password, and phone number. eToro is strictly regulated. One of the requirements of ASIC is confirming identity. This is a quick process and will ensure that the deposit limit is lifted and any profits you make can quickly be withdrawn. You will find that eToro often automatically approves your account after you have uploaded the required documents.
Sometimes other documents will be required and they will email you for these. When logged into your eToro account you will see a blue 'Deposit' button towards the bottom left. Click on this and you can then make your first deposit. Up the top of the eToro trading platform is a search bar.
You can use this to search the Forex pair you want to make a trade on. Once you have found the pair you want to make a trade on, click on the 'trade' button. A box will then open that allows you to change all the required parameters.
After filling these in you will be able to see your potential profit and loss before making a trade. Make sure these are correct and then you can place the trade.
The Forex trading platform and broker marketplace is now very competitive with many different Australian Forex trading platforms and brokers. These brokers have very different offerings with the trading costs and fees also varying wildly.
Some brokers offer solid platforms, whilst others have superior customer support. After carrying out a detailed review of Forex brokers in Australia, we found that eToro was on top for almost all categories for the best Forex trading platform and broker in Australia. eToro has an extensive range of markets, it is strongly regulated by ASIC in Australia, there are zero commissions when trading Forex, and their customer support is first class.
Forex traders commonly use cTrader, Metatrader 4, Metatrader MT5, and eToro to carry out their online trading. The eToro Forex trading platform is known for its ease of use and many capabilities. eToro's own Forex and CFD trading platform is one of the easiest and best platforms to use.
The eToro Forex trading platform is suited to both beginners and advanced traders alike. It can also handle even the most advanced technical analysis. The reason so many traders use the eToro platform for their charting and trading is that there is no bulky software to download. it is very easy to use and you can start trading with it on your desktop or mobile platforms. Being strongly regulated by ASIC in Australia makes the eToro platform a wise choice if you are looking to start currency trading in Australia.
The eToro Forex trading platform has no commissions which mean you don't get charged extra fees for making your trades in the financial markets. You will only be charged the spread markup for placing your trades.
Johnathon is a Forex and futures trader with over ten years trading experience who has written for some of the biggest finance and trading sites in the world. Jonathan is also the founder of ForexSchoolOnline. Home » forex. Best Forex Trading Platforms Australia — Cheapest Broker Revealed. Johnathon Fox Pro Investor. Updated: 28 October Featured Broker. Visit Site. Trading CFDs and FX Options entail risk and could result in the loss of your capital.
Select Broker. CMC Markets. Mobile App Rating. FX Pairs. Additional Fees. Rolling fee. Conversion Fee. Trading Platforms. Raw Materials. Additional Features. Islamic Account. Spread Betting. Automated Trading. Funding Methods. Bank Transfer. Credit Card. In This Guide 1 Best Forex Trading Platforms Australia List 2 Best Forex Trading Platforms Australia Reviewed 3 Best Forex Trading Platforms Fees Comparison 4 How to Choose the Best Forex Trading Platform Australia for You 5 How to Get Started with the Best Forex Broker Australia 6 Best Forex Trading Platforms Australia - Conclusion 7 FAQs.
Cons: Only have their own platform and no Metatrader. Educational resources not as great as others.
Create Account. Cons: Minimum deposits sizes. Inactivity and overnight fees. US and Belgian customers are not accepted. Cons: Not compatible with MT4. Cons: No social or copytrading Do not accept US traders.
Cons: Some markets have higher trading costs. Minimum first deposit higher than some other brokers. Trading Platform Fees Spread or commission? CMC Markets Commission and spread 0. Taken at end of each trading day at 5 pm New York time, which may be positive or negative. Plus Spread 0. Applies to all instruments and can either be positive or negative.
AvaTrade Spread 0. IG Markets Commission for stocks, spread for other assets 2 cents per share for all US stocks, 0. Applies to forex, stocks, commodities, and indices. How to Choose the Best Forex Trading Platform Australia for You As this detailed Forex broker and platform review shows, there are a lot of different options when it comes to Forex trading in Australia. The main benefits you should always look for in your Forex broker and Forex trading platform include: Regulation Regulation is important whether you are an absolute beginner or a professional.
These include ASIC in Australia, the FCA in the UK, and the CFTC in the US. If you are an Australian trader it is important your broker is regulated by ASIC in Australia. Assets The more Forex pairs you have to choose from, the more trading opportunities you can find and the more potential trades you can make. Not all brokers will have the currency pairs and markets you want to trade. The best brokers will also offer other markets that include: Commodities Cryptocurrencies Forex Stocks Bonds ETFs Indices Fees When trading the Forex market pricing and trading fees can often be hard to understand.
Some brokers can make the fees hard to comprehend and they don't state them clearly. The less you are paying in fees to make your Forex trades, the more profits are yours to keep. The two common types of fees you will find when Forex trading are commissions and spreads. Deposit or withdrawal fees: Something to keep in mind is that some brokers will charge you a deposit or withdrawal fee. Some will also charge a conversion fee if your account is in a different currency.
Inactivity fees: Some Australian Forex brokers will charge you monthly inactivity fees if your account goes inactive for a certain period of time. The very best Forex brokers will give you the best tools to use for free. User Experience: Easy to Use Forex Trading Platform The Australian Forex trading platform that you choose to use needs to be easy to use and have a quick trade execution time. You do not want a Forex trading platform that is hard to use or overly complicated.
Mobile App You are not always going to be at your desktop to make or exit your Forex trades. A quality mobile trading app for your Forex trading is crucial. Payment Methods This is obviously a crucial factor for when you are ready to deposit and start trading with real money. Customer Service Another very important feature of your Forex broker is the quality of customer support. How to Get Started with the Best Forex Broker Australia So far through this in-depth guide, we have discussed the very best Forex trading platforms in Australia and the important factors you should take into account.
In this guide, we go over the best forex brokers in Australi based on various factors. We analyzed the top-rated Australian forex brokers based on fees, security, regulation, trading platforms and much more.
Forex trading in Australia is interesting both for international traders and Australian citizens. Australian FX brokers are authorized by the Australian Securities and Investment Commission ASIC.
ASIC regulated brokers are those that have passed a set of standards set by the institution. Operating in Australia means that ASIC monitors its activities. Traders conduct transactions by using forex trading platforms. ASIC is the financial markets regulator. ASIC has to authorize every forex broker. They get the Australian Financial Services Licence AFS.
As a trader wishing to trade forex in Australia, you should pick the right forex broker. This list will help you choose the right one.
We compiled a list of the best forex brokers in Australia and ranked them. This is our list of the top Forex brokers for Australians:. There are dozens of brokers in Australia. There are hundreds of trading platforms and forex brokers around the world. While it is great to have many options available, it is overwhelming to find the best among many.
The following list of the best forex brokers is for traders living in Australia. It should help you in narrowing down your alternatives.
We base this list on a set of variables essential to making the right choice. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Pepperstone offers a limited number of products to trade, but it excels in its competitive spreads, customer support, and varied copy trading alternatives.
This broker has more than ten years in the industry. It is regulated by ASIC Australia and the Financial Conduct Authority FCA of the United Kingdom. Pepperstone focuses on serving sophisticated traders by providing MetaTrader and cTrader platforms along with other premium features. It offers 59 currency pairs and 86 different CFDs. Cryptocurrencies, on the other hand, can be traded through CFDs.
The cost of trading through Pepperstone varies depending on the type of account the trader selects, yet its pricing is competitive compared to other forex brokers in Australia. The Razor account is commission-based, while the standard account incorporates commissions within the spreads.
Fees vary between each of these accounts. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded in and regulated by top tier-1 and tier-2 authorities. AvaTrade is adhering to 8 financial regulatory authorities in 6 jurisdictions. AvaTrade is a safe broker for both CFD and foreign exchange trading. Traders can protect themselves for up to one million dollars.
Avaprotect is their balance protection fees apply. AvaTrade developed its proprietary web trading platform. They offer MetaTrader 4 and MetaTrader 5, ZuluTrade, and DupliTrade great for social trading. Various forex trading platforms make AvaTrade one of the best in this aspect.
AvaTrade is expanding its range of investment products. They develop new trading tools and several licenses. Traders can open a demo account and learn more about their trading platform.
Their spreads are over market. Their fees and trading conditions are excellent. eToro AUS Capital Ltd ACN AFSL OTC Derivatives are speculative and leveraged. Capital is at risk. See PDS. Founded in Israel in , eToro is a popular broker. Two tier-1 financial regulators in the UK and Australia regulate eToro.
eToro is safe and reliable. It is excellent for beginners allowing them to copy successful traders. eToro has popularized the concept of social trading. They introduced a social media-like trading platform. It allows users to interact with each other and copy their portfolios. This feature is attractive to traders in Australia who want to learn from others.
It allows you to gain experience before trading on your own. The simplicity of its trading platform makes eToro appealing to entry-level traders. Traders can enjoy a user-friendly interface and a collaborative environment.
eToro offers 47 currency pairs to trade. They offer over 2, CFDs covering commodities, cryptocurrencies, and other assets. The platform offers a five-level PRO membership. These accounts entitle the holder to an account manager and lower withdrawal and deposit fees, along with other VIP benefits.
You should consider whether you can afford to take the high risk of losing your money. Founded in , Plus is a company and broker traded on the stock exchange. Three tier-1 regulatory agencies regulate Plus These include regulators in the UK, Cyprus, and Singapore. Plus is a reliable alternative for traders in Australia. Among other Australian forex CFD brokers, this trading platform offers competitive spreads. It is our top pick for advanced CFD forex traders. Its trading platform is user-friendly.
The company provides a traders guide to help traders in Australia understand the platform. The platform lacks the diversity of currency pairs it offers. Plus offers a large selection of CFDs, more than 2, The spreads charged per trade by Plus are dynamic and depend on market conditions. You can view the spreads on the platform. CMC Markets is a popular forex broker in Australia. Regulated by ASIC and three other tier-1 authorities. CMC Markets is a stock exchange traded company with over 30 years of experience.
This makes it a low-risk choice for traders in Australia. This broker specializes in providing low-cost trades for both amateur and professional traders. CMC Market offers spot forex currency pairs and 10, different CFDs. These cover a wide range of financial instruments and assets. The cost of trading forex pairs with CMC Markets is in line compared to other brokers. CMC Markets provides excellent research tools for traders.
These include news feeds, market insights, and third-party content from Reuters and Morningstar. Its mobile app features a wide range of tools. These trading tools are not available on other platforms. This is a competitive rate, while the average spread for other pairs is 0. This platform offers a great feature known as Guaranteed Stop-Loss. Make sure you check out our guide on the brokers with the lowest spreads. Founded in and regulated in six tier-1 jurisdictions.
IG is a reliable forex trading platform regulated by ASIC. This broker offers more than 17, financial instruments for traders. It specializes in currency trading and CFDs. IG offers traders 93 different forex pairs and the option of engaging in forex spot trading. The platform offers CFDs for its forex pairs and cryptocurrencies.
The latest information on IG indicates that the average spread for forex trades is around 0.
2/9/ · Trading Platform. AvaTradeGO, MT4, MT5. Highlights. Offers low, competitive spreads across all asset classes. One of the most highly regulated online brokers in the market. Get 28/10/ · eToro – Overall Best Forex Trading Platform Australia AvaTrade – Top Forex Broker for Regulation; Plus – Forex CFD Broker with Tight Spreads; CMC Markets – Best Saxo Bank - low forex fees and great trading platforms. Fusion Markets - low forex fees and a superb selection of currency pairs. CMC Markets - low forex CFD fees and an excellent 25 rows · 5/10/ · To find the best forex brokers in Australia, we created a list of all ASIC Estimated Reading Time: 5 mins 14/11/ · What are the best Trading Platforms Australia Investment Platforms brokers? The best Trading Platforms Australia Investment Platforms brokers that are regulated are IC 27/1/ · The best forex trading platform Australia offers a free demo account, a comprehensive educational center, and award-winning customer support. It offers live-chat ... read more
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. User Experience: Easy to Use Forex Trading Platform The Australian Forex trading platform that you choose to use needs to be easy to use and have a quick trade execution time. MetaTrader Signals Is the Top Social-Copy Trading Software For traders who prefer the look and feel of a MetaTrader platform, but want to explore automated social and copy trading strategies, MetaQuotes developed MetaTrader Signals. Two tier-1 financial regulators in the UK and Australia regulate eToro. Traders can protect themselves for up to one million dollars.Below shows how this works with traders rewarded based on the size and the number of other traders copying their positions. Foreign-currency forex trading in Australia is overseen by the Australian Securities and Investments Commission ASIC. Where Pepperstone stands out is in lowest rates. For this, we recommend their demo account as you can practice with virtual cash before using your own money to invest. A wide selection of currency pairs. Please ensure you fully understand the risks involved. cTrader is better for best forex trading platform for australians traders seeking the sharpest insights.