#1

ETORO

  • Regulations: CySec, FCA, AFS
  • Minimum deposit: $200
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

#2

Think Markets

  • Regulations: ASIC, FCA
  • Minimum deposit: $250
  • Platforms: MT4, Trade Interceptor
  • InvestinGoal rank: 3.7/5

#3

IC Markets

  • Regulations: ASIC
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.8/5

#4

AvaTrade

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.5/5

#5

Pepperstone 

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader, cAlgo
  • InvestinGoal rank: 4.8/5

Top 9 Bitcoin CFD Brokers Australia for 2019

by | Apr 9, 2019

Are you looking for Bitcoin CFD brokers in Australia because it’s easier to trade Bitcoin as a CFD than as a real asset?

We can help you.

Trading Bitcoin as a CFD has a number of benefits over purchasing the real thing. Not only is it miles easier, with most brokers you will be able to apply leverage to your trades and you may also be able to trade other cryptocurrencies as well.

As with all things broker-related, some offer a far better experience than others. Cryptocurrency, unfortunately, is no exception and there are plenty of inexperienced brokers out there offering Bitcoin CFDs that don’t fully understand what they are dealing with.

That’s why we made this list.

bitcoin cfd brokers australia

Top 9 of the Best Bitcoin CFD Brokers Australia for 2019

Here’s our ranking:

Zulutrade
eToro
Naga Trader

  • Regulations: CySec, FCA, AFS
  • Minimum deposit: $200
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

1. eToro

eToro is the No. 1 place to go if you are looking for a Bitcoin CFD broker having built much of their business around cryptocurrency trading. Aside from Bitcoin, traders are also able to trade Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Litecoin, Ripple, Cardano, IOTA, Stellar, EOS, NEO, ZCASH, and Binance Coin – a very impressive list. eToro are also masters of copy/social trading and with them, traders are able to build a diverse cryptocurrency portfolio of other traders. However, it should be remembered that since 2017 eToro does not offer leverage to cryptocurrency trades.

  • Regulations: eToro (Europe) Ltd. authorised & regulated by CySEC (# 109/10); Toro (UK) Ltd authorised & regulated by the FCA (583263); eToro AUS Capital Pty Ltd. authorised by ASIC (491139). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:400
  • Minimum Deposit: Ranges between $200 to $10,000 depending on the region
  • Platforms: Webtrader, mobile (iOS and Android)
  • Headquarters: eToro (Europe) Ltd. is headquartered in Limassol, Cyprus
  • US Customers: Yes, but US clients may have significant limitations. US customers will need to deposit a minimum of $10,000
  • Other instruments: CFDs on indices, stocks, ETFs, commodities, bonds; cryptocurrency
Try ETORO with a demo account
(CFD Trading. 65% of retail traders lose money)

 

  • Regulations: ASIC, FCA
  • Minimum deposit: $250
  • Platforms: MT4, Trade Interceptor
  • InvestinGoal rank: 3.7/5

2. ThinkMarkets

Coming in at second place is ThinkMarkets. ThinkMarkets also offers an impressive range of cryptocurrencies to trade on top of Bitcoin, including Bitcoin Cash, Bitcoin Mini, Bitcoin Gold, Ethereum, Ethereum Mini, Ripple, NEO, and Dash. Traders can also benefit from leverage up to 1:32 on certain cryptocurrencies. ThinkMarkets also has some of the best market access available as well, with executions powered by Equinix, the world’s largest data center.

  • Regulations: In Australia by ASIC and in the UK by the FCA
  • Type: STP
  • Leverage: 1:400
  • Minimum Deposit: $250
  • Platforms: MT4, Trade Interceptor
  • Headquarters: Melbourne, Australia and London, UK
  • US Customers: No
  • Other instruments: CFD on shares, indices, metals, energies, cryptocurrency
(CFD Service. 74-89% lose money)

  • Regulations: ASIC
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.8/5

3. IC Markets

For many, IC Markets offers the best CFD service available today combining an excellent variety of instruments and markets with top-rated ECN market access (they claim to be the world’s only ‘True ECN’ broker). Traders are able to trade CFDs on Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, Ripple, EOS, Emercoin, NameCoin, and PeerCoin – the latter three are fairly unique. For cryptocurrency, leverage is available up to 1:5. IC Markets is a great all-rounder.

  • Regulations: International Capital Markets Pty Ltd. licensed by ASIC (AFSL no. 335692). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN, STP
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4, MT5, MT WebTrader, MT iPhone/iPad, MT Android, MT Mac, cTrader, cTrader Web, cTrader Android, cTrader iPhone/iPad, cTrader cAlgo
  • Headquarters: International Capital Markets Pty Ltd. is headquartered in Sydney, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, stocks, futures, bonds, cryptocurrency
Try IC MARKETS with a demo account
(CFD Service. 74-89% lose money)

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.5/5


(CFD Service. 78% lose money)

4. AvaTrade

AvaTrade is already fairly well-known when it comes to Bitcoin CFDs and Ethereum CFDs and is a great option for any trader. Additionally, they also offer CFDs on Bitcoin Gold, Bitcoin Cash, Litecoin, Ripple, Dash, and EOS. Traders can also benefit from leverage up to 1:2 on cryptocurrencies and AvaTrade does not charge any fees or commission on any CFDs. Copy-trading/social trading platforms ZuluTrade and DuliTrade are also available.

  • Regulations: AVA Trade EU Ltd regulated by the Central Bank of Ireland (No.C53877); AVA Trade Ltd regulated by the V.I Financial Services Commission; Ava Capital Markets Australia Pty Ltd regulated by ASIC (No.406684); Ava Capital Markets Pty regulated by the South African Financial Sector Conduct Authority (FSCA No.45984); Ava Trade Japan K.K. regulated by the FSA (No.1662) and the FFAJ (No.1574). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:30
  • Minimum Deposit: AUD $ 100, USD $ 100, £ 100, or € 100
  • Platforms: AvaTradeGo (mobile app), MT4, Mac Trading (specifically for Macs), Webtrader
  • Headquarters: AVA Trade EU Ltd is headquartered in Dublin, Republic of Ireland
  • US Customers: No
  • Other instruments: CFDs on indices, stocks, cryptocurrencies, commodities, options, ETFs
Try AVA TRADE with a demo account
(71% of traders lose money in CFD trading)

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader,cAlgo
  • InvestinGoal rank: 4.8/5

5. Pepperstone

Pepperstone is not just one of the best brokers in Australia, they also set the bar very high on an international level as well. Aside from Bitcoin, CFDs are also available on Bitcoin Cash, Ethereum, Dash, and Litecoin. Leverage on cryptocurrencies can also vary depending on the account type you have – normal retail traders are limited to a maximum of 1:2, while professional clients can benefit from leverage as high as 1:5.

  • Regulations: Pepperstone Limited authorised & regulated by the FCA (684312); Pepperstone Group Limited registered with ASIC (414530). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
  • Headquarters: Pepperstone Group Limited is headquartered in Melbourne, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency
Try PEPPERSTONE with a demo account
(CFD Service. 79% lose money)

  • Regulations: ES, MAS, CySEC, FCA, ASIC
  • Minimum deposit: $100
  • Platforms: Plus500 Trading Platform
  • InvestinGoal rank: 3.7/5

6. Plus500

Plus500 is largely focused on CFD trading and have a wealth of experience in that area. When it comes to cryptocurrency, aside from Bitcoin CFDs, Plus500 also offer Ethereum, Litecoin, NEO, Ripple, IOTA, Monero, EOS, and Bitcoin Cash. On top of that, they also offer traders the opportunity to trade Ethereum against Bitcoin – not just against the US dollar or Euro like most brokers. Cryptocurrencies can also be traded on leverage up to 1:2.

  • Regulations: Plus500UK Ltd authorised & regulated by the FCA (509909); Plus500CY Ltd authorised & regulated by CySEC (250/14); Plus500SG Pte Ltd licensed by the MAS (CMS100648-1) and IE Singapore (PLUS/CBL/2018); Plus500AU Pty Ltd licensed by ASIC (417727), the FMA (486026), and authorised by the South African FSP (47546). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:30
  • Minimum Deposit: € 100
  • Platforms: Web platform, desktop (windows), mobile apps (iPhone/iPad, Android, Windows phone)
  • Headquarters: Plus500 Ltd. is headquartered in Haifa, Israel
  • US Customers: No
  • Other instruments: CFDs on indices, stocks, cryptocurrencies, commodities, options, ETFs

  • Regulations: FCA
  • Minimum deposit: $200
  • Platforms: CMC Platform, MT4
  • InvestinGoal rank: 3.8/5

7. CMC Markets

CMC Markets are a great option for a trader looking for an established CFD broker that has can also offer a wealth of experience on top of Bitcoin CFDs. On top of Bitcoin CFDs, Ethereum, Bitcoin Cash, Litecoin, and Ripple are also available to trade. Traders can also benefit from not being automatically closed out each week, which means traders can hold positions without having to pay any spread costs.

  • Regulations: CMC Markets UK plc authorised & regulated by the FCA (173730); CMC Spreadbet plc authorised & regulated by the FCA (170627); CMC Markets Asia Pacific Pty Ltd licenced by ASIC (238054); CMC Markets Stockbroking Limited licensed by ASIC (246381); CMC Markets NZ Limited is registered with the New Zealand Financial services provider (41187); CMC Markets Singapore Pte Ltd licensed by MAS. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: Next Generation Platform, MT4, Stockbroking Standard Platform, Stockbrokering Pro Platform
  • Headquarters: CMC Markets UK plc is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, shares, treasuries, cryptocurrency; spread betting
Try CMC MARKETS with a demo account
(CFD Service. 78% lose money)

  • Regulations: ASIC, CySEC
  • Minimum deposit: $100
  • Platforms: Proprietary, Mobile, MT4
  • InvestinGoal rank: 3.6/5

8. easyMarkets

easyMarkets keeps things simple and sticks to cryptocurrency CFDs on Bitcoin, Ethereum, and Ripple, which is great for those who are not interested in altcoins. Traders can also apply 1:2 leverage on their cryptocurrency trades as well. easyMarkets are not just a great option for Australians, but also the entire APAC region, recently being awarded ‘Best APAC Region Broker 2018’ by ADVFN International Financial Awards.

  • Regulations: In Australia by ASIC and in Cyprus by CySEC
  • Type: Market Maker
  • Leverage: 1:400
  • Minimum Deposit: $100
  • Platforms: Proprietary, Mobile, MT4
  • Headquarters: Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFD on commodities, indices, cryptocurrency
Try EASYMARKETS with a demo account
(CFD Service. 74-89% lose money)

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4
  • InvestinGoal rank: 4.3/5

9. AxiTrader

Currently, AxiTrader only offers Bitcoin CFDs and no other alternative cryptocurrencies. While this may be a drawback for some, for those who are solely interested in Bitcoin and more traditional CFDs it can be seen as a plus. That said, AxiTrader does offer an excellent rate of leverage on Bitcoin CFDs, up to 1:10, which higher than most of their competitors. AxiTrader also received the 2017 AtoZForex.com award for ‘Most Reliable Forex Broker’.

  • Regulations: AxiTrader UK is authorised & regulated by the FCA (509746); AxiCorp Financial Services Pty Ltd is authorised & regulated by ASIC (318232). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:400
  • Minimum Deposit: $ 200
  • Platforms: MT4 (PC and Mac, webtrader, mobile), MT4 NexGen
  • Headquarters: AxiCorp Limited is headquartered in London, UK
  • US Customers: Accepts US clients through its American subsidiary, AxiTrader USA. Bear in mind the services offered may not be the same
  • Other instruments: Spread betting; CFDs on commodities, gold, silver and metals, oil, indices, Bitcoin
Try AXITRADER with a demo account
(CFD Service. 75% lose money)

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