The best day trading platforms in Australia for 2026

Choosing the best day trading platform is about finding a broker that offers low fees for high frequency trading along and features that keep you one step ahead of the rest.

Best day trading platforms in Australia (2026)

• Best for options trading: Interactive Brokers Australia
• Best for ASX equities: Moomoo Share Trading
• Best all round day trader platform: Webull
• Best for casual traders: Tiger Brokers
• Best for active and passive strategies: CMC Invest
• Best for $0 brokerage deals: IG Share Trading
• Best for global trading: Totality

Finder Score	AU Trading Fee	US Trading Fee	Asset Class
Best for options trading
Finder Score 9.3 Excellent Interactive Brokers Australia Finder Award	Finder Score 9.3 Excellent	$5.00	US$0.35	ASX shares, Global shares, Options trading, US shares, ETFs	View details Compare product selection Compare	loading	Why we like it Interactive Brokers is perhaps the most well-known day trading platform around, and it's easy to see why it’s so popular with active traders. It features a long list of trading tools including technical analysis charts, over a dozen conditional orders and a range of available assets, including stocks, options and CFDs. Interactive is also one of the only brokers to offer OTC (over the counter) stocks and futures contracts. Pros & cons Pros Low brokerage fees on global and ASX stock trades Low options trading fees Top quality trading tools Cons Complicated fee structure Its app user rating is lower than some others Its trader workstation is not for beginners
Best for ASX equities
Finder Score 9.6 Excellent Moomoo Share Trading Finder AwardExclusive	Finder Score 9.6 Excellent	$3.00	US$0.99	ASX shares, Global shares, Options trading, US shares, ETFs	Finder exclusive: Unlock up to AUD$4,000 and US$4,000 in $0 brokerage over 60 days. T&Cs apply.	$100 REWARD Go to siteView details Compare product selection Compare	loading	Why we like it Moomoo is one of our top picks for day trading because it offers low-cost access to emerging stocks, as well as advanced trading tools, swanky charts, and extended trading hours. It's also one of the cheapest platforms in Australia for US options, with the lowest fees per contract we've seen so far. While futures trading isn't yet available in Australia, you can practice trading these on the demo account and you get access to top notch tools, such as their AI-driven technical analysis charts. Another highlight is its range of free advanced trading tools and data, including Level 2 data and live prices. Plus, it gets a special shout out for its long list of small and micro-cap Australian stocks with CHESS sponsorship. Pros & cons Pros Extended trading hours Demo account lets you practice trading stocks, options, futures Level 2 market data available Cons Options and futures trading not yet available in Australia May be too advanced for beginners
Best all round day trader platform
Finder Score 9.8 Excellent Webull Finder Award	Finder Score 9.8 Excellent	$1.00	$0.00	ASX shares, Global shares, Options trading, US shares, ETFs, Cryptocurrencies	Welcome offer: Receive 5 US fractional shares by depositing or transferring AUD$500 or more into a new account. 2% cashback is also available to those who provide additional funding and execute a trade in the US market. Expires on 30 June. T&Cs apply.	Go to siteView details Compare product selection Compare	loading	Why we like it Webull is a great all round day trading platform and our pick for active ETF trading because of its $0 brokerage deal on ASX and US ETFs. Webull also offers stocks from Australia, the US, China (A-Shares) and Hong Kong as well as US options plus margin trading for both stocks and options. Useful features include extended trading hours, technical analysis charts and probability analysis tools. Pros & cons Pros Free brokerage on ETFs Access to stocks from Australia, US, China (A-Shares) and Hong Kong US options trading at low fees Demo account available Quality technical analysis tools Cons Fewer markets available than some other platforms No ASX options trading Zero commission trades are introductory only
Best for casual traders
Finder Score 9.3 Excellent Tiger Brokers Finder Award	Finder Score 9.3 Excellent	$3.00	US$2.00	ASX shares, Global shares, Options trading, US shares, ETFs	Deposit any amount and receive $20 to trade in Tiger Brokers. Plus 4x zero brokerage trades and no FX fees on the first $2,000 you exchange every month. T&Cs apply.	$120 REWARD Go to siteView details Compare product selection Compare	loading	Why we like it Tiger Brokers is one of the newer entrants to Australia's market and has already made its mark thanks to low fees on US options, solid trading tools and training resources for those looking to upskill. Plus, it has a demo account so that you can practice your active strategies before putting your real cash on the line. Pros & cons Pros Low options trading fees Trade ASX, US and HK stocks No minimum deposits Technical analysis tools Cons Slightly cheaper brokerage elsewhere Might be tricky for newer investors Limited access to global markets
Best for active and passive strategies
Finder Score 9.9 Excellent CMC Invest Finder Award	Finder Score 9.9 Excellent	$0.00	$0.00	ASX shares, Global shares, Options trading, US shares, mFunds, ETFs, Cryptocurrencies	Go to siteView details Compare product selection Compare	loading	Why we like it CMC Invest is a feature rich CHESS sponsored platform without the price tag. Along with low fees on global and ASX stocks, you get access to technical tools, stock analysis, watchlists and stock filters. You can also trade options (ETOs) and CFDs on forex, commodities, indices and stocks. Pros & cons Pros $0 brokerage on stocks from US, UK, Germany or Japan. Conditional orders Research and technical analysis tools Cons Limited global markets Leverage (CFD) trading uses a different account
Best for $0 brokerage deals
Finder Score 9.3 Excellent IG Share Trading Finder Award	Finder Score 9.3 Excellent	$0.00	US$0.00	ASX shares, Global shares, US shares, UK shares, ETFs	Go to siteView details Compare product selection Compare	loading	Why we like it With multiple new low-cost trading platforms hitting the market, IG has been off the radar for a couple of years. That changed mid 2025 when IG revealed it had dropped its fees for Australian stocks to $0, making the cheapest trading platform in Australia for both ASX and global stock trades. It will especially appeal to traders drawn to forex and commodities, as you can trade CFDs on the same account. Pros & cons Pros $0 brokerage for Australian and global shares Trade shares or CFDs on the same account Margin account available Cons 0.70% FX fee not the cheapest No CHESS-sponsorship No Australian ETOs
Best for global trading
Finder Score 8.1 Great Totality	Finder Score 8.1 Great	$3.00	US$1.00	ASX shares, Global shares, Options trading, US shares, ETFs	View details Compare product selection Compare	loading	Why we like it Totality has been a trading platform of choice for active or professional traders in Australia for over a decade. It has some of the lowest trade fees on the market for ASX and global stocks (including FX fee) and competes with Interactive Brokers to feature equities from over 20 global markets. We especially like that Totality gives you the option to trade with CHESS or non-CHESS Australian equities - with non-CHESS being cheaper and more flexible. Pros & cons Pros Stocks from over 20 global exchanges available Advanced trading tools including conditional orders Technical analysis charts Low brokerage and FX fees Cons Big learning curve for beginners High brokerage on CHESS-sponsored shares No options

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We use Finder's proprietary algorithm to find trading platforms that offer the best selection of tools and to nail down those with the most attractive fees for active traders:

Important: If you're new to day trading, make sure you understand the risks first. Day trading is extremely difficult and less than 1% of traders remain profitable after 5 years¹.

Our methodology for the best day trading platforms

To find the platforms for day traders we analysed the fees and features of 40 platforms available in Australia. We included 40 separate features in the algorithm and the top rated trading platforms featured here had the highest average rating across the board.

Features included in the weightings were:

• Brokerage fees for active investors that make 30 or more trades per month
• The number of stock markets available
• Its product range, including stocks, options, currencies and futures products
• Whether it offers margin trading
• Advanced trading tools such as conditional orders and technical analysis charts
• Research tools such as stock ratings and news
• What support options are available
• Whether it's both desktop and mobile accessible
• It's appropriateness for advanced traders

For more information on how we determined our finalists, check out our full methodology.

What is day trading?

Day trading involves buying and selling financial instruments within the same trading day. Traders aim to capitalise on short-term price movements to make profits.

It's important to note that day trading can be highly volatile and risky, and it requires a good understanding of the market, technical analysis and risk management.

If you're considering day trading, it's crucial to educate yourself, stay informed about market trends and develop a solid trading strategy.

Keep in mind that financial markets can be unpredictable and there are no guaranteed profits. It's recommended to start with a small amount of capital, use risk management strategies and be prepared to handle the emotional challenges that come with day trading.

Before you start day trading

Day trading is difficult, with only 13% of traders remaining profitable over a 6-month period, and only 1% remaining profitable over 5 years.¹ If you're serious about becoming a day trader, it may be worth practising with a demo account for the first few months to see how you perform without risking your capital.

Many online brokers and share trading platform offer free demo or test accounts that you let you test your trading strategy without the risk of losing your money.

Checklist: What you need to start day trading

1. A trading account. As mentioned above, you'll need to have an account with an investment platform to start trading.
2. A clear strategy. There's no one-size-fits-all trading strategy, so try and craft a strategy around your strengths as a trader.
3. Access to data. Information is one of the keys to successful trading. Make sure you can access live market data and stay across any news and trends.
4. A trading goal. Set a clear profit target and be disciplined about taking money off the table if you hit your targets.
5. A trading limit. Make sure you also have a clear limit on how much capital you're willing to risk. It's extremely easy to try and chase losses and end up in a financial hole.

Advantages and disadvantages of day trading

Frequently asked questions

• Do all share trading apps allow me to place trades?

  There are many great apps that do not allow you to place trades but still offer a wide range of useful features for Australian share market investors, such as share market news, company reports, financial analysis and much more. However, all the apps listed above do allow you to place trades.

• Are day trading apps free to use?

  Most share trading apps are available for free to customers of online share trading platforms. However, you may need to pay an ongoing membership fee when you sign up to the online trading platform, and will need to pay commissions and other fees when making trades.

• Do you pay tax on day trading in Australia?

  Yes, you will likely need to pay tax on any profits you make from day trading. This could be either capital gains tax or income tax, depending on whether the Australian tax Office (ATO) would consider you to be a share investor, or whether your trading would be classified as an income-generating business activity.²

• How much do day traders make in Australia?

  The vast majority of day traders actually lose money over time, and fewer still (less than 3%) earn enough to beat the return of the regular stock market.³

• How much do you need to start day trading?

  There's no real minimum investment you'll need to start day trading - you can get started with a few dollars. It's also worth using a demo account at first so that you can hone your skills without risking real money. In the US, you'll need at least US$25,000 to open a margin trading account. As with any type of trading, you shouldn't invest money you can't afford to lose.

• Do I need an ABN for day trading?

  No, you don't necessarily need an Australian Business Number (ABN) to begin day trading. All you'll need is an account with a share trading platform.

  However, if you'd be considered to be day trading as an income-generating business activity you will need to get an ABN. Having an ABN will mean your day trading profits would be considered income as opposed to capital gains, but may also entitle you to potential tax deductions⁴

• What is the best day trading app in Australia?

  Interactive Brokers was named the best trading platform for active traders in Australia in 2025 because of its competitive fee structure, available markets and trading tools.

  Day trading is not universally suitable for everyone. It is a high-risk, high-reward strategy that demands a significant time commitment and expertise in market analysis. Success in day trading is elusive for the majority of participants, and it often requires a full-time dedication to the practice. If you are looking for a quick path to wealth through day trading, you are unlikely to achieve your desired results.

• Is it possible to make $200 a day by day trading?

  Yes, it's possible to make $200 or more a day by trading stocks, but you're also at risk or losing that (or more). Day trading involves buying and selling stocks frequently to make a profit. If you're trading larger amounts (or using leverage), your potential profits (and losses) go up. However, to maintain an average $200 per day for multiple days by actively trading would very challenging as even professional traders find it hard to beat the market.

Written by

Kylie Purcell

Investments Analyst

Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments. See full bio

Kylie's expertise

Kylie has written 201 Finder guides across topics including:

• Investment strategies
• Financial platforms
• Stockbrokers
• Robo advisors
• Exchange traded funds (ETFs)
• Ethical investing
• ASX stocks
• Stock and forex markets