Which broker is better for Australia traders in 2026? Expert analysis across 12 categories.
Australian traders seeking ASIC-regulated brokers often compare FXTM and InvestoPro for their robust offerings tailored to the local market. FXTM, with a 4.3/5 rating, is a globally recognised broker known for its extensive educational resources and multiple account types, making it suitable for experienced traders who value flexibility and support. InvestoPro, scoring 3.8/5, focuses on raw spreads and high-volume trading, appealing to cost-conscious professionals. Both brokers are regulated by ASIC, ensuring compliance with Australian client money protection and leverage limits (max 30:1 for retail). For Australian traders, local payment methods like BPAY, POLi, Bank Transfer, and Credit Card are supported, simplifying deposits and withdrawals. This comparison examines key factors such as spreads, platforms, regulation, and local payment integration to help you decide which broker aligns with your trading style in the Australian context.
| Instrument | FXTM | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $0 | InvestoPro |
For Australian traders, trading costs are a critical factor. FXTM offers standard spreads from 1.3 pips on EUR/USD with no commission, while InvestoPro provides raw spreads from 0.0 pips plus a commission of $7 AUD per lot round turn. For high-volume traders, InvestoPro’s pricing model can lead to lower overall costs, particularly for scalping strategies. FXTM’s zero-commission accounts suit those who prefer predictable costs. Both brokers charge no deposit or withdrawal fees for AUD transactions, but FXTM may apply inactivity fees after 6 months. Australian traders should consider their average trade size and frequency to determine which fee structure is more economical.
| Account Type | FXTM | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $0 |
| Entity / Asset | FXTM | InvestoPro |
|---|---|---|
| Australia (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | ✗ | InvestoPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms favoured by Australian traders for their advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. FXTM also provides its proprietary FXTM Trader app for mobile trading, while InvestoPro focuses solely on MT4/MT5. For Australian traders who value mobile flexibility, FXTM’s app offers added convenience. Both platforms support VPS hosting for low-latency execution, essential for algorithmic traders. The choice largely depends on whether you prefer a multi-platform ecosystem (FXTM) or a streamlined, pure MT4/MT5 experience (InvestoPro).
| Factor | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer fast execution speeds suitable for Australian traders, with FXTM averaging 40ms and InvestoPro around 30ms on MT4/MT5. InvestoPro’s raw spread model and lower latency may appeal to scalpers and high-frequency traders. FXTM’s execution is reliable but may experience slippage during volatile news events. Both brokers use No Dealing Desk (NDD) execution for most accounts, ensuring transparency. Australian traders should test execution with a demo account to assess performance under local network conditions.
| Safety Factor | FXTM | InvestoPro |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and InvestoPro are regulated by the Australian Securities and Investments Commission (ASIC), holding Australian Financial Services Licences (AFSL). This means Australian traders benefit from strict client money segregation, negative balance protection, and leverage capped at 30:1 for retail clients. FXTM also holds licences from the FCA (UK) and CySEC (Cyprus), offering additional oversight for international clients. InvestoPro is solely ASIC-regulated, which simplifies compliance for local traders. For Australian traders, ASIC regulation ensures that funds are held in segregated trust accounts with major Australian banks, providing a high level of security. Always verify the broker’s AFSL number on the ASIC register before depositing.
| Payment Method | FXTM | InvestoPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | Card/e-wallet fast; bank transfer 1-3 days |
Australian traders can deposit and withdraw funds using BPAY, POLi, Bank Transfer, and Credit Card at both FXTM and InvestoPro. BPAY and POLi are particularly convenient for instant AUD deposits without additional fees. Bank transfers are free but may take 1-3 business days, while credit card deposits are processed instantly. FXTM also supports PayPal and Skrill for e-wallet users, whereas InvestoPro focuses on direct bank methods. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers. Both brokers do not charge internal fees for AUD transactions, but Australian traders should check for any intermediary bank charges. The minimum deposit is $100 AUD for both brokers.
| Islamic Account Feature | FXTM | InvestoPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Australian Muslim traders requiring Sharia-compliant accounts, both FXTM and InvestoPro offer Islamic (swap-free) accounts. FXTM provides Islamic accounts on its Standard and Shares accounts, with no swap charges on overnight positions, but administrative fees may apply after a holding period. InvestoPro offers swap-free conditions upon request, with no additional costs for positions held overnight. Both brokers require proof of Muslim faith or a declaration. Australian traders should note that Islamic accounts are not available for all account types (e.g., FXTM’s ECN account may not be swap-free). It’s advisable to confirm terms directly with the broker before opening an account.
| Support Feature | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 customer support via live chat, email, and phone, with dedicated Australian phone numbers for local convenience. InvestoPro provides similar support hours but with a smaller team, potentially leading to longer response times. Both brokers have comprehensive FAQ sections on their websites. For Australian traders, FXTM’s local support is a slight advantage, especially for time-sensitive queries. However, InvestoPro’s support is adequate for most needs, with email responses typically within 24 hours.
| Mobile Feature | FXTM | InvestoPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose InvestoPro if you...
For Australian traders, the choice between FXTM and InvestoPro hinges on your trading style and priorities. FXTM’s higher rating (4.3/5) reflects its robust educational resources, multiple account types, and local support, making it ideal for experienced traders who value flexibility and learning. InvestoPro (3.8/5) excels in cost efficiency with raw spreads and fast execution, perfect for high-volume professionals. Both brokers are ASIC-regulated and support local payment methods like BPAY, POLi, Bank Transfer, and Credit Card, ensuring seamless AUD transactions. If you prioritise a comprehensive trading environment with strong support, choose FXTM. If your focus is on minimising spreads and execution latency, InvestoPro is a compelling option. Always test both with demo accounts before committing real funds.