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Derivatives · 6 platforms tracked

Compare Australian derivatives trading platforms

Derivatives trading lets you speculate on the price movement of shares, indices, commodities and currencies without owning the underlying asset. In Australia, most retail derivatives trading is done through Contracts for Difference (CFDs), which are offered by providers regulated by ASIC. These platforms suit active traders who want leveraged exposure to global markets, but they come with higher risk than traditional share investing. The key difference between platforms in this category is whether they offer real ASX or US share trading alongside CFDs, or are pure CFD providers. We track 6 platforms in this category, covering a range of market access, deposit minimums and account types.

By Investmatch Research Team · Last updated 15 May 2026

What to look for

  • ›CFD vs real share ownership: CFDs are not CHESS-sponsored and you don't own the underlying asset
  • ›ASIC leverage restrictions: retail CFD leverage is capped at 30:1 for major forex and lower for other assets
  • ›Market access: check which global markets, indices and commodities are available to trade
  • ›Minimum deposit: some platforms let you start with as little as $20, others have no minimum
  • ›SMSF eligibility: only some platforms support trading through a self-managed super fund account
  • ›Zero brokerage: several platforms offer commission-free trading, but spreads still apply

Derivatives platforms in Australia

6 tracked. Click any platform for the full data breakdown including fees, account types, and source citations.

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Frequently asked questions

What is CFD trading and how does it work in Australia?
A CFD (Contract for Difference) is a derivative product where you agree to exchange the difference in an asset's price between opening and closing a trade. You don't own the underlying asset. In Australia, CFD providers must hold an AFSL and comply with ASIC's product intervention rules, including leverage caps.
Are CFD platforms regulated in Australia?
Yes. Any CFD provider offering services to Australian residents must hold an Australian Financial Services Licence (AFSL) issued by ASIC. ASIC also enforces strict leverage limits and negative balance protection for retail clients. Always check a platform's AFSL number before opening an account.
What is the difference between CFD trading and buying real shares?
When you buy real shares on the ASX, you own the stock and it is held under your HIN via CHESS sponsorship. With CFDs, you are entering a contract with the provider based on the share price. You do not own the shares, receive dividends, or have voting rights. CFDs also involve leverage, which amplifies both gains and losses.
Can I trade ASX shares on a derivatives platform?
Some derivatives platforms offer CFD trading on ASX-listed stocks, meaning you can speculate on the price of Australian shares without owning them. A few platforms also offer real ASX share trading (custodian-held) alongside CFDs. Check each platform's supported assets before signing up.
What are the ASIC leverage limits for retail CFD traders?
ASIC caps retail CFD leverage at 30:1 for major currency pairs, 20:1 for major indices, gold and minor forex pairs, 10:1 for commodities (excluding gold) and non-major indices, and 2:1 for crypto assets. Professional clients can access higher leverage if they meet eligibility criteria.
Can I use a derivatives trading platform for my SMSF?
Some derivatives platforms allow SMSF accounts, but not all. If you want to trade CFDs or real shares through your self-managed super fund, check whether the platform explicitly supports SMSF applications. You should also consult your SMSF auditor or adviser, as CFD trading carries specific compliance risks.
What fees should I watch out for on CFD platforms?
Most CFD platforms charge no monthly account fee and offer zero commission on trades. Instead, they make money through the spread (the difference between buy and sell prices). Overnight financing fees apply to positions held past market close. Some platforms also charge an inactivity fee if you don't trade for a period.

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