Compare Online Brokers

3 brokers (out of 9 in Australia)

Fortrade

$100 min. deposit

1:30 leverage

Your capital is at risk.

Updated Apr 2025

LHFX

$10 min. deposit

1:500 leverage

Updated Apr 2025

PrimeXBT

$250 min. deposit

1:1000 leverage

Updated Oct 2024

  • Overall
    3.7 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.0 / 5
  • Deposits and withdrawals
    3.6 / 5
  • Investor protection
    4.2 / 5
  • Customer service
    1.8 / 5
  • Likes
  • Trade CFDs on all assets classes.
  • Huge selection of CFDs on over 440 stocks.
  • You cannot lose more than you invest with negative balance protection.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Dislikes
  • Only supports MetaTrader 4 and its in-house platform.
  • USD 10 'dormancy fee' if your account is inactive for over 6 months.
  • Overall
    3.8 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.6 / 5
  • Deposits and withdrawals
    3.4 / 5
  • Investor protection
    2.5 / 5
  • Customer service
    4.7 / 5
  • Likes
  • Open an account in seconds with no identity checks.
  • Supports all Expert Advisors and trading styles.
  • No fees on deposits or withdrawals.
  • Leverage up to 1:500.
  • Dislikes
  • Only supports MetaTrader 4.
  • Only supports crypto deposits. However, LHFX makes it easy to buy crypto through their partner.
  • Overall
    3.1 / 5
  • Markets
    3.2 / 5
  • Trading environment
    3.2 / 5
  • Deposits and withdrawals
    3.8 / 5
  • Investor protection
    2.2 / 5
  • Customer service
    3.0 / 5
  • Likes
  • Start trading in minutes.
  • No KYC and no ID verification prior to trading.
  • Small initial deposit of 0.001 BTC (approximately US$ 40).
  • Trade CFDs on cryptocurrencies, Forex, indices, energies and metals.
  • Leverage up to 1:000.
  • Dislikes
  • No CFDs on individual stocks or ETFs.
  • No support for MT4, TradingView or cTrader.
  • PrimeXBT only accepts crypto-currency deposits.
  • PrimeXBT is not regulated or licensed.

Easily navigate this review:

Markets
Asset classes (#)Visit Fortrade Visit LHFX Visit PrimeXBT
Forex (CFD)615546
Cryptos (CFD)*32541
Stocks (CFD)44576
Indices (CFD)181012
ETFs (CFD)3
Metals (CFD)1242
Energy (CFD)523
Commodities (CFD)6
Bonds (CFD)3

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit Fortrade Visit LHFX Visit PrimeXBT
MT4
MT5
Copy trading
Other platformsFortraderWeb tradingPrimeXBT Trader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit Fortrade Visit LHFX Visit PrimeXBT
Bank transfer
Credit card
Debit card
NETELLER *
Perfect Money
Skrill *
Deposits and withdrawals (Crypto)Visit Fortrade Visit LHFX Visit PrimeXBT
Binance Pay
BTC (Bitcoin)
ETH (Ethereum)
USDC (Circle)
USDT (Tether)
Account base currenciesVisit Fortrade Visit LHFX Visit PrimeXBT
BTC
EUR
GBP
USD
Investor protection
Regulated entitiesVisit Fortrade Visit LHFX Visit PrimeXBT
Australia
Canada
Cyprus (EU)
Mauritius
Seychelles
South Africa
St. Lucia
UK
Fortrade

Visit Fortrade ▷

Your capital is at risk.
LHFX

Visit LHFX ▷

PrimeXBT

Visit PrimeXBT ▷