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BEST OPTIONS BROKERS IN AUSTRALIA

Exploring advanced strategies with options? Options trading demands a strong mix of advanced tools and cost transparency. This ranking assessed brokers on platform safety, usability, fees, and customer service. The evaluation also considered the depth of option contracts available, execution quality, and flexibility for hedging strategies. For Australian investors keen to use derivatives, these brokers represent the most reliable gateways.

Ranking Methodology 


To compile the ranking, we rely on a professional criterion that follows these steps:

  1. We test the platforms based on several basic parameters (see list).

  2. We test the platforms based on ranking-specific parameters.

  3. We ensure the results are accurate (consistency and absence of outliers).

  4. We verify on social media and forums that our parameters are socially sound and that no relevant negative reviews exist.

  5. We present and publish the ranking.


Basic Testing Parameters for Apps Included in the Ranking


  • They allow accounts to be opened by local clients; meaning we exclude platforms not available in certain countries.

  • Regulatory compliance and security.

  • Transparency, reputation, and data protection.

  • Total costs (commissions, spreads, non-trading fees, deposits/withdrawals).

  • User experience (UX/UI), stability, and performance (uptime, latency).

  • Platform and tools (charts, alerts, backtesting, mobile, desktop, API).

  • Execution and liquidity (order quality, slippage, depth).

  • Customer support (languages, coverage, response times).

  • Education and resources (guides, research, demos, simulators).


Specific Parameters for the Options Ranking


  • Access to recognised options markets (CBOE, Eurex, CME, among others).

  • Variety of contracts available: options on equities, indices, ETFs, and futures.

  • Types of options supported (call, put, American, European, exotic).

  • Analytical tools for Greeks (Delta, Gamma, Vega, Theta) and implied volatility.

  • Availability of predefined strategies (spreads, straddles, strangles, iron condor, etc.).

  • Order execution quality and depth of the options market.

  • Specific costs: commissions per contract, exercise and assignment fees.

  • Leverage and margin requirements for trading options.

  • Access to simulators and paper trading to practise options strategies.

Our ranking
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How to open an Investment Account


Opening an investment account in Australia is a straightforward process once you’ve chosen a provider. The steps are the same whether you’re investing in stocks, ETFs, bonds, futures, commodities, crypto or real estate.


  1. Go to the provider’s website: Click “Open account” or “Get started”.

  2. Enter your details: Name, email, phone, country. You’ll need a passport or driver’s licence, plus proof of address such as an AGL Energy electricity bill or a bank statement issued in the last 3 months.

  3. Wait for approval: Some accounts are activated instantly, others may take a few days.

  4. Set account preferences: Configure your trading or investment parameters once verified.

  5. Fund your account: Deposit via card, bank transfer, or POLi/PayID.

And you’re ready to invest.

OPEN A DEMO ACCOUNT