Updated September 30, 2026 · BrokerCue Editorial Team

Top brokers for beginners compared in Australia

50 brokers available in Australia, ranked for Australia.

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Top brokers for beginners compared in Australia
#	Broker	Score	Features	Key facts	Actions
1	eToroTop pick	9.2/10	Crypto Demo account Fractional shares Commission free	Stock trade fee: $0 Account fee: $0 Markets: Stocks, ETFs, Forex, and 3 more	Review Compare Visit
2	MC Prime	9.4/10	Experienced Crypto Commission free	Stock trade fee: $0 Markets: Forex, CFDs, Crypto, and 1 more Regulators: CySEC, Financial Services Commission (Mauritius), Financial Services Authority (Seychelles)	Review Compare Visit
3	Markets.com	9.5/10	Experienced Crypto Demo account Commission free	Minimum deposit: $100 Stock trade fee: $0 Account fee: $0	Review Compare See alternatives
4	Topstep Responsible Trading Advantage discounts: Up to $30/month	9.5/10	Demo account	Minimum deposit: $49 Stock trade fee: $0.50 Account fee: $0	Review Compare See alternatives
5	Exness	9.4/10	Commission free	Minimum deposit: $10 Stock trade fee: $0 Inactivity fee: $0	Review Compare See alternatives
6	Robinhood	9.4/10	Crypto Fractional shares Commission free	Minimum deposit: $0 Stock trade fee: $0 Account fee: $0	Review Compare See alternatives
7	Vantage Markets	9.4/10	Demo account	Minimum deposit: $50 Markets: Stocks, ETFs, Forex, and 2 more Regulators: FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), CIMA (Cayman Islands Monetary Authority), and 1 more	Review Compare See alternatives
8	Wealthsimple	9.4/10	Experienced Crypto Fractional shares Commission free	Minimum deposit: CA$0 Stock trade fee: CA$0 Account fee: CA$0	Review Compare See alternatives
9	JPMorgan Chase Earn up to $1,000 cash bonus	9.3/10	Crypto Fractional shares Commission free	Minimum deposit: $0 Stock trade fee: $0 Account fee: $0	Review Compare See alternatives
10	Mirae Asset Securities	9.3/10		Minimum deposit: ₹0 Stock trade fee: ₹10 Account fee: ₹0	Review Compare See alternatives