Online Share Trading & Investing Start trading

Another broker that only has one account option, eToro’s Standard account is commission-free with minimum spreads starting at 1 pip, which is in line with the industry average. These include stock CFDs from major global stock exchanges such as Nasdaq, NYSE in the US, LSE in the UK and DAX in Germany. You can also choose from a range of 100 ETFs, which are more complex financial instruments to trade. Invest in stocks, options, futures, currencies, bonds, funds and more across 150 markets in 33 countries from a single Integrated Account.
Despite the incentives, bank-owned trading platforms do often incur higher fees when compared to sole trading platforms. For example, in comparison to Selfwealth’s $9.50 flat trading rate, CommSec forex trading charges $19.95 for trades up to $5001, $29.95 up to $10,001, and 0.12% of those up to $50,001. This data research was compiled with each share trading platform then receiving a ranking out of 5.

The main factor that sets eToro apart from the competition is their focus on what’s called ‘social trading. EToro has a social media platform that enables their users to interact with other traders and investors, and even copy-trade successful traders automatically. Concerning the main scope of operation, I’d say that CoinJar is focused on instant crypto purchases and sales. As a typical brokerage service, the exchange features easy navigation, fast transactions, and a neat interface. In return, it charges handsomely for the smooth service — 1% per transaction.
But they will sting you with a 0.6% currency conversion fee, which I’ll talk about shortly. On SelfWealth, you can trade stocks from the ASX, NYSE, NASDAQ, and Hong Kong Stock Exchange. If you have a $50,000 portfolio that stays dormant, you’ll cough up $250 per year in inactivity  fees alone.

We have put Binance Australia as #1 due to the deep liquidity this platform provides – which is a major requirement to keep in mind when investing in any margin trading platform to avoid slippage. While there is an appeal to using leverage, it is not suitable for beginners. There are many small complexities involved with margin trading that only experienced traders can understand. However, if you want to try out margin trading for the first time, the above exchanges provide the opportunity to do so in Australia.
Kraken, a leading force in Australia's cryptocurrency market, has secured its position as the second-best exchange. Serving over 9 million clients across 190 countries, it boasts an impressive $207 billion in quarterly trading volume. With a minimum investment of  just $10, Australians can access over 200 cryptocurrencies, including major and emerging assets like Bitcoin, Ethereum, Solana, and more. The platform supports a variety of AUD payment methods, including Bank Transfer , PayID, Osko, and credit cards, enhancing user convenience. Using a brokerage directly means that you can pick and choose which stocks you trade. Stock trading apps make it easy to access the market, conduct analysis and pick stocks based on informed decision making.
Not to mention the convenience of trading beyond the Australian Securities Exchange . CoinSpot does have rather high trading fees compared to some of their competitors. For example, you will pay 1% of the transaction for an Instant Buy purchase, which is very high compared to their OTC or Market Trade options, where you’ll only pay 0.1%. While you can use Market Trade to avoid paying high fees, bear in mind that there is a limited selection of coins available using this option.

CopyTrader focusses on copying individual trading strategies while SmartPortfolios has a fund manager style approach, funneling expert traders into single funds for more diversified trading. Access a range of assets including crypto currency, CFDs, stocks, and currency pairs. Although they push you towards higher cost services, base costs are competitive at volume spreads. EToro's commission-free trading in US stocks and AU shares is certainly no longer unique, but it has several other features that make it stand out. SelfWealth Trading PlatformSelfWealth is an innovative platform that boasts over 100,000 users. Packed with features, this platform caters to both Australian and US markets, offering a flat fee of $9.50 per trade, regardless of the trade size.
The CFD trading platform and brokerage space is not a competitive environment. For this reason, it is important that you have access to a high-quality mobile app for your trading. What you really do not want is a trading platform that is hard to use or overly complicated. An overly complicated trading platform will leave you unable to make and manage your trades quickly when you need to. Many trading strategies benefit from up-to-date daily market analysis and investment education.

Whether you are just starting out or you are at a more advanced level in your trading regulation is important. Vantage Markets has earned its reputation as a trusted and established broker via its exceptional services since its inception in 2009. The broker is licensed by the Australian Securities & Investments Commission , the Vanuatu Financial Services Commission , the Cayman Islands Monetary Authority , and the Financial Conduct Authority .
VIP clients benefit from a personal point of contact to answer account queries and offer exclusive invitations to events and webinars. Your relationship manager can also provide a personal introduction to Saxo platforms and educational content, as well as curated market news relevant to your trading and investment interests. When trading gold options, the margin for 'buying' an option is the opening price multiplied by the size of the trade.
It also offers a range of educational resources and tools for beginners, such as webinars and market research reports, helping them learn about different trading strategies and make informed decisions. The platform that ends up being the most suitable for you could be heavily influenced by your investment goals and trading habits. As an example, how frequently you buy and sell shares or other types of investment assets can have an impact on the fees you’re charged per trade. Some platforms and products also give investors access to a variety of asset classes and markets, while others offer a more straightforward suite of options. Either way, the best online trading platforms Australia typically offer multiple asset classes. For instance, our top-rated platform, eToro, offers markets on forex, stocks, indices, ETFs, cryptocurrencies, and more.

Like currencies today, and even salts and spices, they had several key characteristics including durability, divisibility, limited supply, acceptability, portability and relative uniformity. This meant that their governments would redeem any paper money for its equivalent value in gold. FOREX.com gives you dealer execution, which means third parties are never relied on to make trades. FOREX.com is a publicly traded company that has been around since 2001—with four 1 jurisdictions, including ASIC. Start trading for as little as $100 if you’re based in Australia—with a $5 flat rate.
It provides Australian investors exposure to thousands of stocks from the Australia, US and Hong Kong markets. Tiger also offers ASX trading data, insights and tools to Australian users for free. At the time of writing, the platform has around 9 million users worldwide. The user experience of a platform is very important to a trader, but it’s something that’s hard to determine before trying it out for oneself. To help gauge the user experience prior to signing up, a user can either research reviews or use a demo account if one is available.