Top Options Trading Platforms in Australia is a great way to diversify your portfolio, and while it’s popular in the US, it has yet to catch on with Australian investors. However, the popularity of platforms like Robinhood is changing that. There are now a number of options brokers in Australia offering options trading, and each offers their own unique features.

CommSec

While CommSec isn’t the only option for Australian investors, they have carved out a solid niche as a full-service broker and offer robust options support. They have low fees and a large portfolio of assets to trade, including options (though note that they only trade Australian shares – CFDs are available on foreign markets).

Selfwealth

Unlike the other Australian options trading platforms listed here, Selfwealth is an online investment app that offers one of the lowest fees in the country. You can buy ASX shares for a flat $4.9 per trade, or USD-listed shares for a much lower $10 fee. Selfwealth doesn’t have a minimum deposit requirement, and you can use their mobile apps for free. However, they don’t offer copy or social trading features.

IBKR

Founded in 1978 and regulated in the US, IBKR is a global broker that offers a comprehensive range of assets to trade. Its Global Trader platform is designed for beginner and intermediate traders, but it also offers advanced tools and low fees for sophisticated investors. This makes IBKR a favourite among experienced investors and a good choice for options traders in particular.