Best Online Brokers in Australia 2026
Regulated by Australian Securities and Investments Commission (ASIC) · Last updated: 2026-05
Australian investors benefit from a growing selection of ASIC-regulated platforms offering access to ASX, US, and global markets. Moomoo AU and Tiger Brokers are popular with Chinese-speaking Australian investors (澳大利亚华人投资者) for US stock access with Chinese-language support.
澳大利亚最佳券商对比:Moomoo AU、老虎证券、盈透证券,均受ASIC监管。中文界面,适合在澳华人投资者。
Table of Contents
3
Brokers Reviewed
3
Chinese Support
1
Commission-free
ASIC
Regulator
Best Brokers in Australia: Quick Ranking
Ranked by overall score. Scores reflect fees, regulation, app quality, market access, and Chinese-language support. All brokers below are regulated.
Moomoo
富途 MoomooEditor's Pick中文Advanced tools, commission-free — Canada, US, SG, AU, MY
专业级工具,零佣金,覆盖加拿大、美国、新加坡、澳大利亚、马来西亚
Tiger Brokers
老虎证券Top Pick SG/APAC中文Commission-free US, HK & SG stocks for Chinese-speaking investors
面向华人的美股、港股、新加坡股票零佣金交易平台
Interactive Brokers
盈透证券 IBKRBest for Professionals中文Institutional-grade global broker — 150+ markets, lowest margin rates, professional tools. Available in Canada, Singapore, US, Australia, HK and 200+ countries.
全球专业投资者首选:150+ 市场准入、行业最低融资利率、专业级交易工具。支持加拿大、新加坡、美国、澳大利亚、香港及全球200多个国家和地区。海外华人及专业投资者适用。
How We Compare Brokers
Brokely.exchange evaluates brokers using a transparent, weighted scoring system across 7 categories. Scores are not influenced by affiliate fees. Only regulated brokers are included.
Fees & Commissions
Commission rates, FX fees, platform fees, hidden costs
Regulation & Safety
Regulator quality, investor protection, SIPC/CIPF coverage
Market Access
Number of markets, asset classes, stock exchanges covered
App Experience
App store ratings, UI quality, Chinese language support
Beginner Friendliness
Onboarding ease, paper trading, educational resources
Advanced Tools
Level 2 data, charting, screeners, API access
Promotions
Welcome bonuses, referral programs, ongoing offers
Category Winners: Australia 2026
Best Overall Broker
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Best Broker for U.S. Stocks
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Best Broker for Beginners
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Best Broker for ETFs
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Best Broker for Options
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Best Low-Cost Broker
Moomoo
Chinese-speaking investors in Canada, SG, US, AU, MY who want adv…
Broker Fees Compared
All fees are approximations. Always verify on the official broker website before opening an account.
| Broker | US Stocks | ETFs | FX Fee | Min Deposit | Platform | |
|---|---|---|---|---|---|---|
Moomoo 富途 Moomoo | $0 | $0 | ~1.5% (CAD↔USD) | $0 | $0/month | Review → |
Tiger Brokers 老虎证券 | $0 (US stocks) | $0 | Varies by market | SGD 0 | $0 | Review → |
Interactive Brokers 盈透证券 IBKR | $0 (IBKR Lite, US stocks) / From $0.005/share (IBKR Pro) | $0 (IBKR Lite) / From $0.005/share (IBKR Pro) | From 0.2 bps — among the lowest globally | $0 (no minimum) | $0 (IBKR Lite) / $10/month waived with $30+ commissions (IBKR Pro) | Review → |
Fees correct as of 2026-05. Verify on official broker websites before investing.
Regulation and Safety
All brokers on this page are regulated by Australian Securities and Investments Commission (ASIC)
ASIC is the primary financial services regulator in Australia. All brokers listed have passed regulatory requirements for capital adequacy, client fund segregation, and anti-money laundering (AML) compliance.
Client Fund Segregation
All regulated brokers must hold client funds in segregated accounts, separate from company funds.
Investor Protection
Australia has investor protection schemes. Verify coverage limits for each broker's specific country entity.
KYC & AML Compliance
All brokers require identity verification (passport/ID + proof of address) as required by anti-money laundering regulations.
Account Opening Requirements
To open a brokerage account in Australia, you will generally need:
Identity Verification (KYC)
Government-issued photo ID: passport, driver's licence, or national identity card. Must be valid and unexpired.
Proof of Address
Bank statement, utility bill, or official document with your name and address. Usually must be within 3–6 months.
Bank Account
A local bank account to deposit and withdraw funds. Most brokers support local bank transfers (EFT/bank wire).
Mobile Number
A valid mobile number for two-factor authentication (2FA) and security alerts.
Processing time: typically 1–3 business days. Fully digital process for all brokers listed. No minimum deposit required for most brokers (exception: Questrade CAD 1,000; Saxo SGD 3,000).
Deposit and Withdrawal Methods
| Broker | Deposit Methods | Withdrawal Methods | Min Deposit |
|---|---|---|---|
Moomoo | Bank Transfer (EFT), Wire Transfer, Online Bill Payment | Bank Transfer (EFT), Wire Transfer | $0 |
Tiger Brokers | Bank Transfer, Wire Transfer, Online Banking | Bank Transfer, Wire Transfer | SGD 0 |
Interactive Brokers | ACH / EFT (US/CA), Wire Transfer (global), Cheque (US/CA), PayNow / FAST (SG) | ACH / EFT, Wire Transfer, Cheque (US/CA) | $0 (no minimum) |
Broker Comparison Table
Brokely Editorial Team
Independent Broker Review Editors
Last updated: 2026-05 · For educational purposes only
Risk Warning
Educational purposes only. This page is for informational and educational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any securities.
Trading involves risk. The value of investments can go down as well as up. You may receive back less than you invest. Past performance is not indicative of future results.
Fees and features change. All fees, promotions, and product features are subject to change. Always verify on the official broker website before opening an account.
Affiliate disclosure. Brokely.exchange may receive compensation from brokers featured on this page. This does not influence our editorial ratings or rankings. We only feature regulated brokers.
All brokers on this page are regulated by Australian Securities and Investments Commission (ASIC). Verify current regulatory status at the official ASIC website.