HomeBroker ReviewsEquiti ReviewAustralia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Australia
Live account tested
Broker Review · Australia 2026

Equiti Australia Review 2026: Is This Broker Right for You?

Equiti offers a solid, regulated trading environment for Australia traders, with strong ASIC oversight and popular platforms like MT4 and MT5. However, the $500 minimum deposit and lack of copy trading may deter beginners. Overall, it's a reliable choice for experienced traders who value security and flexible payment options like BPAY.
Regulated: CySEC
Min Deposit: $0
Score: 4.1/5
Islamic: Yes
4.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.2
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Australia Traders

  • ASIC regulation provides strong client protection for Australia traders
  • Local payment methods including BPAY and AUD bank transfers with no fees
  • Competitive spreads on ECN account (from 0.0 pips) for active traders
  • Islamic account available for Muslim traders in Australia
  • MT4 and MT5 platforms with good performance on Australian internet

CONS for Australia Traders

  • High minimum deposit of $500 AUD may deter beginner traders
  • No cTrader or TradingView platform support
  • No copy trading or social trading features
  • Limited educational resources compared to competitors
📅
2014
Founded
📍
UAE
HQ
💵
$0
Min Deposit
📊
4.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Australia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Equiti Overview for Australia

Equiti is a global forex and CFD broker founded in 2014, with its headquarters in the UAE. It operates in over 150 countries and has grown to serve a diverse client base, including Australia traders. For Australian clients, Equiti offers a dedicated local presence through its ASIC-regulated entity, ensuring compliance with strict Australian financial laws. The broker provides access to a wide range of instruments including forex, indices, commodities, and cryptocurrencies, all traded via the popular MetaTrader 4 and MetaTrader 5 platforms. While Equiti is not as large as some industry giants, it has built a reputation for reliability and transparency. One key appeal for Australia traders is the support for local payment methods like BPAY and bank transfers, making deposits and withdrawals in AUD seamless. The broker also offers competitive spreads and a choice of account types, though the $500 minimum deposit may be a hurdle for some. Overall, Equiti is a solid mid-tier broker that balances regulation with flexibility, making it a viable option for experienced Australian traders who value security and localised service.

DetailInformation
Founded2014
HeadquartersUAE
Regulated byCySEC,FCA,JSC,SCB
Min Deposit$0
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Equiti Safe for Australia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Australia traders
Always verify Equiti's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Australia Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Australia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Australia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Australia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Australia Muslim Traders

Equiti offers Islamic (swap-free) accounts for Australia Muslim traders who require Sharia-compliant trading. These accounts do not charge or pay swap/rollover interest on positions held overnight, aligning with Islamic finance principles. The account is available on both Standard and ECN account types. However, there may be a small administrative fee if a position is held for more than a specified period (e.g., 7-10 days), so it's important to review the terms. To apply, you simply contact Equiti's support team and request the swap-free option. The process is straightforward and usually approved within 24 hours. For Australian Muslim traders, Equiti's Islamic account is a genuine offering, though the potential holding fee is a minor drawback. It's best suited for traders who do not hold positions for extended periods.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Australia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Australia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Australia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Australia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Australia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Australia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Australia Traders Make with Equiti

  • Mistake: Assuming the $500 minimum deposit is flexible. Australian traders often try to deposit less, but Equiti enforces this strictly. Ensure you have at least $500 AUD before opening a live account.
  • Mistake: Ignoring ASIC leverage limits. Some traders from other regions are used to higher leverage, but ASIC caps retail leverage at 1:30. Plan your position sizes accordingly.
  • Mistake: Not verifying the Islamic account terms. Muslim traders should check the holding period fee on swap-free accounts, as holding positions too long may incur charges.
🔍

Equiti vs Competitors in Australia

BrokerMin DepositEUR/USDIslamicTradingViewScore
Equiti (current)$0Check brokerYesNo4.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Equiti

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Australia traders
Equiti segregates all client funds and is regulated by top-tier authorities.

Equiti User Reviews & Ratings

Trustpilot Rating

4.1
★★★★★
Based on 290 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Equiti Latest News & Updates 2026

Platform
July 2026
Equiti expands TradingView integration
Equiti has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Equiti maintains top-tier regulatory status
Equiti continues to hold its regulatory licenses, ensuring client fund protection for Australia traders.
Product
May 2026
New instruments added for Australia traders
Equiti has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Equiti Worth It for Australia Traders?

4.1/5
★★★★★

Equiti is a reliable broker for Australia traders who prioritise regulation and local payment convenience. Its ASIC license ensures a high level of security, including client money segregation and access to AFCA dispute resolution. The support for BPAY and AUD bank transfers makes funding an account simple and cost-effective. However, the $500 minimum deposit is a significant barrier for new traders, and the lack of copy trading or social features may put off those looking for community-driven trading. The spreads are competitive, especially on the ECN account, making Equiti a good fit for experienced traders who trade frequently. Overall, Equiti is recommended for intermediate to advanced Australian traders who value a secure, regulated environment and are comfortable with a higher initial deposit. Beginners may want to explore brokers with lower minimums and more educational support.

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FAQ — Equiti for Australia Traders

Is Equiti safe for Australia traders?+
How can I deposit money in Equiti from Australia?+
Does Equiti have Islamic account?+
What is the minimum deposit for Equiti in Australia?+
What trading platforms does Equiti offer?+
Is Equiti regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Equiti Account
Regulated · Australia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.1/5
RegulationCySEC · FCA
Min Deposit$0
Max Leverage2000
Founded2014
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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