Best CFD Brokers in Australia

The best CFD Brokers in Australia include IG Markets, International Capital Markets, MF Global Australia Limited, City Index, Macquarie CFDs, to name a few.

IG Markets is Australia’s number one CFD provider. According to the Investment Trends May 2010 CFD Report, 29% of CFD traders choose IG Markets as their main provider vs. 20% for the next largest provider. It is also the Winner of Best CFD Provider 2011, 2010 and 2009 (TheBull ‘Stockies’ Awards). IG Markets is part of the IG Group, a UK FTSE 250 member with offices in Melbourne, London, Singapore, Chicago, Dusseldorf, Paris, Madrid, Milan, Tokyo, Stockholm, Luxembourg and a representative office in Beijing.

International Capital Markets is a leading CFD provider in Australia offering share, index and forex CFDs on thousands of different instruments. IC Markets has a strong reputation amongst banks, brokers, funds, and private investors. As pioneers in the Contract For Differences industry, International Capital Markets are the first CFD provider to offer CFD trading funds and Managed Accounts.

MF Global Australia Limited (MFGA) offers an extensive range of CFDs markets including global Direct Market Access (DMA) Share CFDs and Straight Through Processing (STP) Index, Commodity and Currency (FX) markets all from a single trading account.

City Index has grown to become a global operator with a solid reputation for CFDs, FX and spread betting. In 2006 City Index bought IFX Limited including its Australian operations, and in early 2010 City Index Australia became a locally incorporated AFS licensed entity with offices in Sydney, Singapore and Shanghai.

Macquarie CFDs offer an 'all in one' trading solution that should appeal to traders who wish to gain a greater exposure to both rising and falling movements in share prices. Macquarie has entered the CFD market to expand and complement its existing product range and to satisfy the increasing demand from investors looking to trade this exciting product with the backing of Australia's largest investment bank.

* Next: Futures Brokers in Australia

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn