Australia
Best Day Trading Brokers in Australia
Compare the top-rated brokers for Day Trading with scores up to 92/100. Enjoy strong investor protection and highly regulated broker services.
Last updated: February 2026
Day Trading Broker Comparison — Australia
| # | Broker | Rating | Min deposit | Trading fees | Trust score | Regulation |
|---|---|---|---|---|---|---|
| 1 | Charles Schwab | ★ 4.8/5 | $0 | $0 for stocks and ETFs | 98/100 | SEC, FINRA |
| 2 | Saxo Bank | ★ 4.7/5 | $2000 | Variable | 97/100 | FCA, CySEC |
| 3 | Moomoo | ★ 4.4/5 | $0 | $0 for stocks and ETFs | 87/100 | SEC, FINRA |
| 4 | FxPro | ★ 4.8/5 | $100 | Spread only | 95/100 | FCA, CySEC |
| 5 | Capital.com | ★ 4.8/5 | $20 | Spread only | 94/100 | FCA, CySEC |
Best Brokers for Day Trading
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Charles Schwab
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
StreetSmart Edge, Web Trading, Mobile App
Regulation
SEC, FINRA
Advantages
- Comprehensive trading platform
- Excellent research tools
Disadvantages
- Advanced platform learning curve
- No crypto trading
Saxo Bank
Trading fees
Variable
Min deposit
$2000
Platforms
SaxoTraderGO, SaxoTraderPRO, Mobile App
Regulation
FCA, CySEC, MAS, ASIC, DFSA
Advantages
- Professional trading platforms
- Wide range of markets
Disadvantages
- High minimum deposit
- Higher fees than competitors
Moomoo
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
Mobile App, Web Platform, Desktop Platform
Regulation
SEC, FINRA, MAS, SFC
Advantages
- Advanced trading tools
- Free Level 2 data
Disadvantages
- Limited investment options
- Complex interface for beginners
FxPro
Trading fees
Spread only
Min deposit
$100
Platforms
FxPro Trading Platform, MetaTrader 4, MetaTrader 5, cTrader
Regulation
FCA, CySEC, FSCA, SCB, DFSA
Advantages
- Multiple trading platforms
- Competitive spreads
Disadvantages
- Limited stock offerings
- No US clients accepted
Capital.com
Trading fees
Spread only
Min deposit
$20
Platforms
Capital.com Platform, MetaTrader 4, Mobile App
Regulation
FCA, CySEC, ASIC, FSA, NBRB
Advantages
- AI-powered trading insights
- Commission-free trading
Disadvantages
- CFDs only
- No crypto withdrawal
Swissquote
Trading fees
Variable
Min deposit
$1000
Platforms
Advanced Trader, Mobile App, MetaTrader 5
Regulation
FINMA, FCA, DFSA, MAS
Advantages
- Swiss bank security
- Wide product range
Disadvantages
- High minimum deposit
- Higher trading fees
Interactive Brokers
Trading fees
$0.0005 to $0.0035 per share
Min deposit
$0
Platforms
TWS, IBKR Mobile, Web Portal
Regulation
SEC, FINRA, FCA, CySEC, MAS
Advantages
- Lowest trading fees in the industry
- Most trusted regulatory licenses
Disadvantages
- Complex platform for beginners
- High minimum for margin accounts
Plus500
Trading fees
Spread only
Min deposit
$100
Platforms
WebTrader, Mobile App
Regulation
FCA, CySEC, ASIC, MAS, FSA
Advantages
- User-friendly platform
- Wide range of CFDs
Disadvantages
- CFDs only
- Limited research tools
Kraken
Trading fees
From 0.16%
Min deposit
$0
Platforms
Kraken Pro, Kraken Terminal, Mobile App
Regulation
FinCEN, FCA, FINTRAC
Advantages
- High security standards
- Advanced trading features
Disadvantages
- Complex for beginners
- Limited payment methods
Frequently Asked Questions
What is the best day trading broker in Australia in 2026?
Based on our analysis, Charles Schwab is the top-rated day trading broker in Australia for 2026, with a 4.8/5 rating and 98/100 trust score. They are regulated by SEC, FINRA and offer trading fees starting at $0 for stocks and ETFs.
How many day trading brokers are available in Australia?
There are currently 9 regulated day trading brokers accepting traders from Australia, including Charles Schwab, Saxo Bank, Moomoo.
What is the minimum deposit for day trading trading in Australia?
The lowest minimum deposit among day trading brokers in Australia is $0 (Charles Schwab). Minimum deposits range from ${minDeposit} to $2000 depending on the broker and account type.
Are online brokers safe to use in Australia?
Yes, the brokers listed on our site are regulated by reputable financial authorities. For example, Charles Schwab is regulated by SEC, FINRA. We recommend always verifying a broker's regulatory status before opening an account.
How do we rate and compare brokers?
We evaluate brokers based on trading fees, minimum deposits, available platforms, regulatory compliance, user ratings, and trust scores. Each broker is rated on a 1-5 star scale and assigned a trust score out of 100 based on their regulatory standing and track record.