Best trading app in Australia 2026
Verdict
- Pepperstone's app is our best trading app in Australia for 2026: one ASIC-licensed account (AFSL 414530) for forex, indices, shares, crypto and 24/7 perpetual CFDs, funded instantly by PayID from $10.
- The same Pepperstone account also runs on the MT4, MT5, cTrader and TradingView mobile apps, so you can switch apps without switching broker.
- Capital.com, our second choice, has its own app plus MT4, MT5 and TradingView, and offers guaranteed stops.
- If you want to buy and hold shares outright rather than trade CFDs, a CFD app is the wrong tool.
'Best trading app' depends on what you trade. For leveraged trading on forex, indices, commodities and crypto, the app is only as good as the broker behind it: its licence, its prices and how fast you can move money. Here is our pick for Australia this year and how it compares.
Why the Pepperstone app tops our list
The Pepperstone app covers its full CFD range, including the perpetual CFDs it launched in 2026, which trade 24/7 and are listed for its own platform. It is backed by published average pricing (EUR/USD 0.1 pips on Razor, 1.1 on Standard), commission-free index CFDs, Australian share CFDs at 0.07% per side, and free deposits and withdrawals. Pepperstone also includes a free Bloomberg.com digital subscription for its traders, subject to terms.
Affiliate link — we may earn a commission at no extra cost to you.
best trading app
The answer depends on the market you trade, so start with what the app will hold. For leveraged CFD trading in Australia, these are the apps of ASIC-licensed brokers in our data:
| Broker | Own app | Also on mobile | Minimum deposit |
|---|---|---|---|
| Pepperstone | Yes | MT4, MT5, cTrader, TradingView | $10 |
| Capital.com | Yes | MT4, MT5, TradingView | 20 |
| eToro | Yes | None listed | $10 |
| CMC Markets | Yes | MT4 | None |
| IC Markets | Not in our data | MT4, MT5, cTrader, TradingView | None |
which trading app is the best
Match the app to your trading:
- Active CFD trading across markets: Pepperstone, for its range and published costs.
- Guaranteed stops from your phone: Capital.com.
- One proprietary app with a $10 minimum: eToro (AFSL 491139), whose own web platform and app are its only listed platforms.
- Buying shares outright: an investing app such as Tiger Brokers (AFSL 300767), whose site lists stocks, ETFs, options and futures rather than CFDs, or Trading 212 (AFSL 541122), which has a share-investing account alongside its CFD account.
Five checks before you install
- Confirm the app logs you into the broker's ASIC company, not an offshore one.
- Check the funding methods: Pepperstone lists PayID, BPAY, cards, PayPal, Apple Pay and Google Pay.
- Test a withdrawal: Pepperstone lists card and PayID withdrawals within 2 business days.
- Check the app carries the markets you want; perpetual CFDs, for instance, are not on MT4.
- Make sure you can set stops and alerts before placing a live trade.
Sources
Is the Pepperstone app free?
Pepperstone charges nothing to use it; you pay spreads, commissions on Razor and share CFDs, and overnight costs.
Can I trade ASX share CFDs on the Pepperstone app?
Yes. Pepperstone's share CFD range includes about 200 ASX shares, at 0.07% commission per side.
Does Pepperstone's app support copy trading in Australia?
Pepperstone's CopyTrading service appears on its international site; its Australian copy-trading page returns a 404 (not found) error, so do not count on it.
Trading leveraged CFDs from a phone is as risky as from a desktop: you can lose money rapidly. Read the PDS and TMD. App features and costs are as published by each broker in October 2026; this is not investment advice.