With so many stock trading apps available in Australia at the moment, reducing our pick to just a few was difficult. For instance, we took everything into account, from the fees charged by the top Australian share trading software to the payment methods permitted in AUD and the security of your money. Considering all of these factors (and more), we’ve compiled a list of the finest stock investment apps available in Australia.
eToro is one of the best stock trading programs for beginners in Australia. This popular online trading application is fully regulated by ASIC, the Financial Conduct Authority, and the Cyprus Securities and Exchange Commission. This means that you can confidently buy and sell stocks. It takes only a few minutes to get started with this stock trading platform, available on iOS and Android devices. Overall it is the best stock trading app in Australia with zero commission fee.
If you’re looking for information on how to buy stocks in Australia, eToro’s investment app offers access to 17 worldwide markets, including a large selection of the best supplies to buy. Whether you’re interested in UK, US, Canada, Hong Kong, France, Germany, or Sweden stocks, eToro has you covered. You will not be charged commissions on any of the supplies you trade through the app. This is somewhat confusing because the majority of Australian internet brokers charge a variable commission on each trade.
Nightcap is a novel and captivating stock trading program that has quickly garnered traction among traders. First, it is compatible with both MetaTrader 4 and MetaTrader 5, making it suitable for employing its numerous advanced trading tools. This software is a popular choice for investors interested in US and Australian stocks, as it covers both markets comprehensively. This lets you invest in various world-class companies, from Amazon and Apple in the United States to Rio Tinto and BHP Group in Australia. It is one of the best MT4 stock app with low charges.
Capital.com is another worth investigating Australian stock trading platform. It is referred to as a CFD broker because it allows traders to trade over 3,000 stocks from the United Kingdom, the United States, and Europe. Additionally, hundreds of ETFs, commodities, and currencies are available for trading.
Capital.com offers commission-free trading, which makes it a beautiful broker for all sorts of stock traders. Spreads are charged on broker-traded CFDs. However, they are among the lowest in Australia. On the other hand, if you’re wondering how to buy shares in Australia, you should be aware that all claims can be traded with up to 5:1 leverage and that there is no inactivity fee if you take a temporary break from trading.
Capital.com has created a trading platform that is optimized for use on the web and mobile devices. It’s straightforward to use and comes pre-loaded with dozens of technical studies that can aid you in discovering trade opportunities. Additionally, the platform integrates with TradingView, which enables you to create custom studies and move between a range of sophisticated chart types with ease.
AvaTrade is another famous Australian trading program that has a lot to offer. To begin, this firm provides just CFD trading. This means that you cannot own shares outright, but you do receive several additional benefits. For example, you can trade equities with leverage of up to 10:1 and sell and purchase.
AvaTrade offers several trading platforms, including its proprietary mobile and web trading applications. The program contains a watchlist, a news feed, and price alerts, in addition to dozens of technical studies and indicators. Additionally, we enjoy how AvaTrade’s user interface streamlines the transaction entry process by leveraging simple on/off sliders and default values whenever possible. It is the top Australian trading app with social trading, options, and other features.
Additionally, Plus500 is an excellent CFD trading platform to investigate. ASIC and the Financial Conduct Authority have granted licenses to the forum. You can open an account fast and easily with a deposit of as low as $100. Plus500 accepts Australian-issued debit/credit cards, as well as PayPal and bank transfers.
Plus500 offers a comprehensive selection of CFD markets on stocks. Popular exchanges include the London Stock Exchange, the New York Stock Exchange, and the Nasdaq. Numerous Australian stores are subsidized as well. The Plus500 app includes Singapore, Hungary, Finland, Belgium, Denmark, and Italy looking for less liquid markets.
IG is a massive brokerage firm established in the United Kingdom. Still, it is immensely popular with Australians, as evidenced by IG’s comprehensive ASIC licensing, enabling Australian traders to invest safely and securely. This stock trading application is unique for the breadth of its market coverage.
Indeed, once the program is downloaded – it is compatible with iOS and Android smartphones – you will obtain access to nearly 17,000 CFD instruments. This category comprises thousands of stocks traded on several different exchanges. Not only do these exchanges include Australian stocks – but a slew of international businesses are located in North America, Europe, and Asia, making IG one of the most asset-diversified investment apps available in Australia.
Trading212 is gradually but steadily establishing a presence in the Australian financial market. The mobile application is available for Android and iOS smartphones – supports both CFD trading and traditional investments. In either case, the Trading 212 mobile app is entirely free of commissions.
Since then, the app’s stock and ETF library have grown from 4,000 to 10,000 markets – and the supplier is always adding more. If you choose a standard investment account, you will get dividends as they become payable. There are no commissions associated with the purchase of stocks or ETFs, and best of all, there is no minimum deposit requirement. Indeed, Trading 212 permits fractional ownership — a significant bonus.
Skilling is a relatively new stock trading software that is gaining traction among Australians. The website offers trading in various asset classes, including foreign exchange, cryptocurrencies, commodities, and, of course, stocks. Skilling’s stock trading platform specializes in large-cap US companies.
This index includes corporations such as Apple, Tesla, IBM, Amazon, Facebook, and Paypal. We appreciate the fact that this Australian stock trading program offers three separate platforms. If you prefer simplicity, you can use the primary Skilling trading app recommended for novices. However, if you have prior trading knowledge in this market, you may use cTrader or MT4.
Apart from its banking services, Westpac offers robust online trading and investment platform. Westpac offers trading on virtually all ASX-listed stocks and overseas securities listed on the NYSE, NASDAQ, and LSE. Westpac also provides dozens of ETFs and stock options.
Westpac is one of the finest stockbrokers in Australia because of its unrivaled level of trust. The Australian Securities and Investment Commission regulates this critical financial institution. The company is also listed on the ASX and releases transparent financial reports. Also, if you already have Westpac accounts, you can quickly move funds between them without expenses.
ANZ is another of Australia’s ‘big four banks with a strong trading arm. This brokerage offers nearly every stock listed on the Australian Stock Exchange, every S&P 500 company in the US, and almost every FTSE 250 company in the UK. Other exchanges in Europe, Africa, and Asia allow you to trade shares. So ANZ is an excellent choice for traders looking beyond Australia.
ANZ also allows you to filter through thousands of firms to find the ideal fit for you. All accounts include ANZ market analyst recommendations, a worldwide stock screener, Morningstar research, and the Intelligent Investor newsletter. You may also examine what stocks other ANZ clients are trading to get ideas and evaluate market sentiment.