If you’re looking for the best stock market app in Australia – you’ve got plenty of providers to choose from. Most allow you to buy and sell stocks on the move, as well as check the value of your portfolio at the click of a button.
With that said, as stock apps are backed by online brokerage firms – you need to check metrics concerning fees, commissions, payments, and of course – safety. Regarding the latter, your chosen app should be licensed by a reputable body like ASIC, CySEC, or the FCA.
In this guide, we review the best stock trading app Australia right now. On top of discussing the top-rated providers to consider, we’ll also walk you through the process of getting started with an Australia stock trading app.
- 1 Best Stock Trading App Australia 2021
- 2 Best Stock Market App for Beginners Revealed
- 3 Best Investment Apps Australia Fees Comparison
- 4 Best Stock Brokers Australia Features Comparison
- 5 How to Choose the Best Stock Market App Australia for You
- 6 How to Get Started with the Best Share Trading Platform Australia
- 7 Best Stock Trading Apps Australia – Conclusion
- 8 eToro – Overall Best Stock Market App Australia with 0% Commission
- 9 FAQs
Best Stock Trading App Australia 2021
Below you’ll find the best stock trading app Australia and the runners up. To read our full review of each provider – simply scroll down!
- eToro – Overall Best Stock Market App Australia with 0% Commission
- Libertex – Low-Cost CFD Stock Trading App with ZERO Spreads
- Plus500 – Best Stock Trading App for Low-Cost Trades
- IG – Best Stock Trading App Australia for Creating a Diversified Portfolio
- Trading212 – Best Share Trading Platform Australia for ISAs
- Skilling – Best Stock Trading App Australia for MT4
- Westpac – Most Trustworthy Stock App in Australia
- ANZ – Best Share Trading Platform Australia for Domestic Shares
Best Stock Market App for Beginners Revealed
With so many stock trading apps now serving the Australian market – it took us time to get our list down to just a handful. For example, we looked at everything from how much the best share trading app Australia charges in fees, what AUD payment methods it supports, and whether or not your money is safe.
Taking all of these metrics into account (and then some) – below you will find the best stock investment apps in Australia.
1. eToro – Overall Best Stock Trading App Australia with Zero Commission
eToro is by far the best stock trading app for beginners in Australia. Crucially, this popular online trading app is fully-regulated by ASIC – as well as the FCA and CySEC. This means that you can buy and sell stocks in a 100% secure environment. It takes just minutes to get started with this stock trading provider and the app is compatible with iOS and Android.
In terms of what you can trade, the eToro investment app covers 17 international markets, including many of the best stocks to buy. Whether you’re keen on stocks from the UK, US, Canada, Hong Kong, France, Germany, or Sweden – eToro has you covered. Regardless of the specific stocks you decide to trade on the app, you won’t pay a single penny in commission. This is somewhat uncanny, as most Australian online brokers charge a variable commission when you trade.
Although leverage and short-selling are supported by eToro, you can also buy stocks as opposed to trading them. This means that you can keep the stock in your investment portfolio for as long as you wish – without incurring any annual maintenance fees. If you’re also looking to trade other asset classes, eToro hosts exchange traded-funds (ETFs), cryptocurrencies, indices, forex, and commodities. All of these assets are also covered by the eToro commission-free guarantee.
If you like the sound of stock trading but you have no experience in this space, eToro offers a CopyTrading feature. As the name implies, this allows you to copy an experienced trader that uses the eToro platform – like-for-like. Once you have downloaded the eToro stock trading app, you will need to make a deposit of at least $200 – or about AUD $217.
Still not convinced about the eToro investment app? Read our comprehensive eToro app review to find out more about what this Australian stock trading app offers.
- Regulated by the FCA, CySEC, and ASIC
- Trusted brand with over 13 million client accounts worldwide
- Buy stocks without paying any commission or share dealing charges
- Social and copy trading
- Buy stocks or trade CFDs with leverage (Non-US)
- 1,700+ stocks listed on multiple international markets
- Personalised eToro account where you can set up trading price alerts
- Not suitable for advanced traders that like to perform technical analysis
67% of retail investors lose money trading CFDs at this site.
2. Libertex – Low-Cost CFD Stock Market App with ZERO Spreads
If you’re looking to day trade and thus – target small but frequent profits, Libertex is a stock trading app well worth considering. The overarching reason for this is that Libertex is the only stock app that we have previously come across that doesn’t charge spreads. Instead, you will be able to trade stocks at the current market price.
You will, however, need to pay a small commission on each stock trade that you place. The good news is that this averages 0% to 0.5% on major equities. At Libertex, you can apply leverage on your stock trades – subsequently giving you access to more capital than you have in your account.
Libertex also allows you to short-sell stocks – which is great to profit from falling markets. Outside of its stock trading arena Libertex also offers commodities, forex, indices, and cryptocurrencies. These markets also come without spreads. Once you download the Libertex app, you only need to make a deposit of $10 to get started. This allows you to trade stocks on the app without risking any cash. Alternatively, you can use the Libertex demo account.
You can use an Australian debit/credit card, bank account, or e-wallet. When it comes to the safety of your funds, Libertex has been active in the online CFD trading scene since the late 1990s. As such, it has built a formidable reputation that now spans over two decades. Although the app is licensed by ASIC, it is regulated by CySEC. This means that you will still benefit from fund segregation and other regulatory safeguards.
- Zero spread CFD trading
- Good educational resources
- Long established broker
- Compatible with MT4
- Competitive spreads
- Only offers CFDs
Your capital is at risk when trading CFDs at this site.
3. Plus500 – Stock CFD Trading App with Low Spreads
Plus500 is another CFD trading app that is worth considering. The platform is licensed by ASIC, as well as the FCA. You can easily open an account and the minimum deposit is just $100. Plus500 supports Australian debit/credit cards, Paypal, and bank transfers.
In terms of what you can trade, Plus500 offers a wide selection of stock CFD markets. Popular exchanges include the London Stock Exchange, NYSE, and NASDAQ. Heaps of Australian stocks are supported too. If you’re interested in less liquid stock trading markets, the Plus500 app covers Singapore, Hungary, Finland, Belgium, Denmark, and Italy.
If you want to trade other asset classes alongside stocks, Plus500 hosts everything from bonds and indices to cryptocurrencies and forex. These all come via CFD instruments. This means that you can apply leverage of up to 1:300 until the new ASIC restrictions come into play in April 2021. When they do, you’ll be capped at 1:30 like traders in the UK and Europe are.
Once you’ve loaded the app up, you will also be able to trade via the Plus500 demo account facility. This comes with a pre-loaded balance and it replicates real market conditions. In terms of trading fees, all markets on the Plus500 stock app are commission-free. When trading stocks listed on major exchanges – you will benefit from super-tight spreads. There are no deposit or withdrawal fees, either.
- Heavily regulated trading platform
- 0% commission on all forex trading positions
- Leverage facilities available
- Mobile app is highly rated
- No transaction fees
- Account minimum just $100
- Heaps of forex pairs supported
- Thousands of CFD instruments
- Does not offer traditional investment assets
80% of retail investors lose money trading CFDs at this site.
4. IG – Best Share Trading App Australia for Creating a Diversified Portfolio
IG is a heavyweight brokerage firm located in the UK, albeit, it is also super-popular with Australians. This is evident in the fact that IG holds a fully-fledged ASIC license – subsequently allowing Australian traders to invest safely and securely. This particular stock trading app stands out for the sheer number of markets on offer.
In fact, once you download the app – which is compatible with iOS and Android phones, you’ll have access to over 17,000 CFD instruments. This covers thousands of stocks across numerous exchanges. Not only does this include Australian stocks – but heaps of international exchanges located in North American, Europe, and Asia, so IG is one of the best investment apps Australia for asset diversity.
Regarding domestic stocks, this includes the likes of Qantas, Westpac, Commonwealth Bank, Afterpay, and BHB Holdings. When it comes to trading fees on this popular stock app, this will vary depending on the market you wish to access. For example, Australian stock CFDs are charged at 0.08% per slide – at a minimum of AUD $7. UK and European stocks will cost you 0.10% – at a minimum of £10 and €10, respectively.
Other exchanges and markets, such as forex, bitcoin and mutual funds are priced differently, so be sure to check this out before placing a trade. In terms of getting started, the IG stock trading app requires a minimum deposit of $300 – or about AUD $400. The app supports Australian debit and credit cards. But, the latter will attract a fee of 0.5% or 1% when using MasterCard or Visa, respectively.
Read our comprehensive IG app review to find out more.
- Trusted investment app with a long-standing reputation
- More than 10,000 stocks listed
- Good value share dealing services – fees as low as £3 per trade
- Leverage and short-selling also available
- Spread betting and CFD products
- Access to dozens of international markets
- Great research department
- Minimum deposit of £250
- US stocks have a $15 minimum commission
Your capital is at risk when trading CFDs at this site.
5. Trading 212 – Best Share Trading Platform Australia for ISAs
Trading212 is slowly but surely making a name for itself in the Australian investment scene. The mobile app – which is compatible with Android and iOS devices, covers CFD trading and traditional investments. Either way, the Trading 212 mobile app is 100% commission-free.
The app has since expanded its stock and ETF library from 4,000 markets to 10,000 – with the provider constantly adding more. If opting for a traditional investment account, you will be entitled to dividends as and when they are paid. There are no commissions to buy stocks or ETFs and best of all – no minimum deposit. In fact, Trading 212 supports fractional ownership – which is a major plus-point.
For those unaware, fractional ownership allows you to buy a small fraction of a stock. For example, if Tesla shares are worth $500 each and invest $50 – you own 10% of 1 stock. This makes Trading 212 one of the best investment apps Australia for beginners as you don’t need to risk large amounts in shares. If it’s stock CFDs that you interested in – Trading 212 offers leverage and short-selling facilities.
Once again, the CFD platform is commission-free. When it comes to funding your Trading212 account, the app supports debit cards and bank transfers. You can also fund your account with Paypal and Skrill, as well as Apple and Google Pay. Although the broker isn’t ASIC regulated, it is authorized and licensed by the UK’s FCA. This regulatory body is one of the most respected globally – so safety should be no concern.
Read our comprehensive Trading 212 app review to find out more about what this Trading 212 offers.
- 0% commission on all stocks and ETFs
- Invest from just $1 via fractional ownership
- Your money is protected by the FSCS and FCA
- CFD trading is also supported – as is leverage and short-selling
- Excellent reviews on Google Play and Apple Stores
- More than 500,000 trusted clients
- Stocks and Shares ISAs offered for tax-efficient savings
- Still relatively unheard of in the Australian trading space
- Limited fundamental analysis tools
Your capital is at risk.
6. Skilling – Best Stock Trading Australia with MT4
Skilling is a recently launched stock trading app provider that is gaining getting more and more popular with Australians. The platform offers heaps of asset classes – including forex, cryptocurrencies, commodities, and of course – stocks. The main focus of the Skilling stock trading platform is large-scale US firms.
Covering both the NASDAQ and NYSE – this includes the likes of Apple, Tesla, IBM, Amazon, Facebook, and Paypal. What we really like about this Australian stock trading app is that offers three different platforms. If you want to keep things simple, you can use the main Skilling trading app – which is best suited for newbies. But, if you have an element of experience in this trading space, then you might want to consider cTrader and MT4.
These are two popular third-party trading platforms that come with several stand-out features. At the forefront of this is the ability to deploy automated stock trading robots. While you need to initially set this up on your desktop device, you can then keep tabs on how your robot is performing via the cTrader or MT4 app. All you need to do is enter your Skilling credentials and you are good to go.
- More than 700 share CFDs
- Commission-free share trading with tight spreads
- Range of three trading platform
- Supports algorithmic trading
- Supports the MetaTrader 4
- User-friendly mobile app for iOS and Android
- Does not support ETF trading
75% of retail investor accounts lose money when trading CFDs with this provider.
7. Westpac – Most Trustworthy Stock App in Australia
Westpac is best known in Australia for its banking services, but this company also provides a highly capable share trading and investing platform. Westpac offers trading on virtually all Australian Stock Exchange-listed shares as well as international shares from the New York Stock Exchange, NASDAQ, London Stock Exchange, and more. In addition, Westpac offers access to thousands of ETFs and stock options.
One of the main reasons to choose Westpac as one of the best stock brokers Australia is that it’s extremely trustworthy. As one of Australia’s major financial institutions, this stock broker is regulated by the Australian Securities and Investment Commission. The company is also publicly traded on the ASX exchange and releases public financial reports for transparency. Another plus is that if you have bank accounts at Westpac already, it’s easy to move funds between your accounts without fees.
Unfortunately, stock trading with Westpac isn’t cheap. This broker charges $19.99 or 0.11% per trade, whichever is greater. That can add up quickly if you’re looking to actively trade stocks and ETFs. In addition, while a standard trading account is free, Westpac charges $79 per month if you want access to market depth data and the broker’s most advanced charting software. On the plus side, you don’t have to worry about an inactivity fee with this broker.
Westpac’s mobile stock app isn’t the most aesthetically appealing option for Australian traders, but it has a lot to offer. For example, you can place a wide variety of order types, including limit, ‘today only,’ and conditional orders. There’s also a news feed that shows both market announcements and technical alerts for stocks on your watchlist.
- Trade stocks on 30+ international exchanges
- Thousands of ETFs
- Extremely trustworthy
- No inactivity fees
- Wide variety of order types
- High commissions
- Market depth data costs extra
Your capital is at risk.
8. ANZ – Best Share Trading Platform Australia for Domestic Shares
ANZ is another one of the ‘big four’ Australian banks with a robust trading division. This brokerage offers a truly incredible range of shares, including all companies listed on the Australian Stock Exchange, all of the S&P 500 companies in the US, and nearly all of the FTSE 250 companies in the UK. You can also trade shares listed on nearly 30 other exchanges in Europe, Africa, and Asia. So, ANZ is an excellent option for traders who want to look beyond Australia.
Another nice thing about ANZ is that it gives you tools to choose the best companies from its thousands on offer. All account holders get access to recommendations from ANZ market analysts, a global stock screener, and analysis from Morningstar and the Intelligent Investor newsletter. You can also easily see what stocks are most frequently traded by other ANZ clients to get inspiration and gauge market sentiment.
The biggest catch to using ANZ for share trading is that the mobile app doesn’t have a ton of advanced features. ANZ only offers a single app that combines banking and investing. So, although you can place trades on the go, you won’t get access to the advanced charts, news feeds, or analysis tools that are available through the web interface. If you need these features on your mobile device, your best option is to log into your ANZ account through your smartphone’s browser.
Trading at ANZ isn’t cheap, but it’s on par with some of the other best stock brokers Australia like Westpac. Most trades cost $19.95 each, although you can get a discount for trades over $5,000 (your first trade of the month) or over $18,000 (your second trade of the month or after). Notably, international shares are more expensive – $59 each, or 0.59% for trades over $10,000.
- Thousands of Australian and global shares
- Stock screener and analysis tools
- Expert share recommendations
- No account or inactivity fee
- Combine banking and trading
- Limited charting and analysis in mobile app
- Expensive commissions
Your capital is at risk.
Best Investment Apps Australia Fees Comparison
We’ve now reviewed the best stock brokers Australia, but if you’re still struggling to choose, here’s a look at how they match up in terms of fees.
|Australian investment app||Spread or commission?||Amazon||Overnight fees|
|eToro||Free||Free||No overnight fees for stocks.|
|IG||Commission||Free if more than three trades made in previous month, $10 if not. 0.1% commission for Australian shares.||No overnight fees for stocks.|
|Trading 212||Free||Free||No overnight fees for stocks.|
|Westpac||Commission||$19.95. $19.95 or 0.11% for Australian shares.||No overnight fees for stocks.|
|ANZ||Commission||$19.95. $19.95 or 0.11% for Australian shares.||No overnight fees for stocks.|
Best Stock Brokers Australia Features Comparison
If you’re still can’t decide on the best share trading platform Australia for you, here’s how the top investment apps compare in terms of the features and trading platforms they offer.
We’ve now reviewed the best stock brokers Australia, but if you’re still struggling to choose, here’s a look at how they match up in terms of fees.
|Australian stock app||Trading platforms||Features||Overnight fees|
|eToro||Proprietary||Social trading, copy trading, CopyPortfolios, fractional shares||No overnight fees for stocks.|
|Libertex||Proprietary, MT4||0.207%||Webinars, beginners course, news, blog|
|Plus500||Proprietary||0.75%||Market insights, risk management|
|IG||Proprietary, MT4, ProRealTime||Free if more than three trades made in previous month, $10 if not. 0.1% commission for Australian shares.||Trading signals, algorithmic trading, APIs, DMA trading|
|Trading 212||Proprietary||Free||Fractional shares, auto investing, webinars|
|Skilling||Proprietary, cTrader, MT4||Free||News, trade assistant|
|Westpac||Proprietary||$19.95. $19.95 or 0.11% for Australian shares.||Margin investment loan, cash investment account|
|ANZ||Proprietary||$19.95. $19.95 or 0.11% for Australian shares.||Dynamic market data, ASX announcements, Mornginstar research.|
How to Choose the Best Stock Market App Australia for You
Although we have discussed the best stock trading apps available to Australians right now, it is always a good idea to do some research yourself. After all, stock investment apps come in a range of shapes and sizes – each appealing to a specific type of investor.
The most important metrics that you need to research when look for the best sharen trading platform Australia are listed below:
When you download an Australian stock market app and start trading – you are risking your hard-earned money. In other words, you are entrusting your capital with a third-party stock broker. As such, it is imperative that your chosen provider is regulated by a reputable body.
In an ideal world, the broker will hold a license with the Australian Securities and Investments Commission (ASIC). This will ensure that the stock app has your best interests at heart.
For example, ASIC stock markets apps offer the following safeguards:
- Your money will be kept in separate bank accounts from that of the broker
- The platform must clearly explain the risks of stock trading to you
- You will be capped in how much leverage you can apply
- The stock trading app will have its books audited on a regular basis
- All active traders must provide at least one form of photo ID – thus reducing the threat of fraud
It is important to note that Australians can still use stock investing apps that are not licensed by ASIC. For example, the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) are two reputable financial bodies that also regulated stock trading apps.
These two bodies offer the same regulatory safeguards as mentioned above. This is one of the main reasons why eToro has attracted hundreds of thousands of Australian traders – as the stock app is not only licensed by ASIC, but the FCA and CySEC too.
You might be looking to obtain an Australian stock trading app because you want the option of buying and selling shares when away from your desktop device. Or, you might just like the convenience of a stock trading app and are planning to use it as your primary investment vehicle.
Either way, it is crucial that your chosen stock trading app offers an all-round user-friendly experience. For example, the app must make it simple to find your chosen stock. It must also be seamless to set up buy and sell orders, as well as deposit and withdraw funds.
A great way to gauge the user-friendliness of the app is if the provider offers a demo account. Often times the demo account feature will mirror that of live market conditions. This means that you can spend a bit of time navigating through the app to make sure it meets your needs.
There are scores of stock exchanges located around the world – some larger than others. The most important thing is that your chosen stock trading app offers the marketplace in which you wish to access.
For example, if you are looking to invest in home-grown companies, then make sure that the app offers access to the Australian Securities Exchange.
Similarly, if you are interested in US stocks like Apple and Disney, you’ll want access to the NASDAQ and NYSE. eToro, for example, offers almost 1,800 shares across 17 different stock exchanges. This gives you plenty of options – especially when it comes to diversification.
With that being said, you also need to make the distinction between traditional shares and stock CFDs. For example, while the likes of eToro and IG offer both, Libertex only offers the latter. This is crucial, as traditional shares are best suited for long-term investments, while CFDs are more conducive for short-term trading.
All Australian stock trading apps charge fees. In most cases, you will need to pay a commission every time you place an order. If, for example, you are buying traditional stocks, you will likely pay a flat fee. Or, if you’re trading CFD instruments, then this is usually charged as a variable percentage fee.
With that said, you then have low-cost share trading apps like eToro which charge no commissions at all. Instead, the only fee that you pay comes in the form of the spread. In other cases, you have stock trading apps like Libertex which charge no spreads, instead opting for a small commission of between 0% and 0.5%.
Outside of your core trading fees, your chosen Australian stock market app might also charge you when you make a deposit or withdraw. You then have overnight financing fees, which are charged when you keep a stock CFD position held overnight. Finally, check whether the app charges an inactivity fee.
Stock Trading Apps Tools & Features
While some stock investing apps in Australia offer a skin and bones service, others come jam-packed with tools, charting and features. Whether or not you actually need access to these features will depend on your personal investment style.
For example, if you are a complete newbie with virtually no understanding of how stocks work, you might want to consider a Copy Trading feature that such as one offered by eToro. This allows you to copy an eToro trader like-for-like – meaning you can actively trade without lifting a finger.
An additional feature that we would suggest looking for is fractional ownership – especially if you are looking to invest in shares as opposed to trading stock CFDs. This allows you to invest in stocks from just $50 at eToro – meaning there is no need to fork out $3,000 to buy a single Amazon share! eToro, our pick for the best share trading app Australia, is an example of an app that offers fractional shares.
Education, Research & Analysis
The best Australian stock market apps come packed with educational resources. While this won’t really matter to you if you have heaps of experience in mobile trading, it will if you are just starting out. Handy resources in this respect include video explainers, trading guides, and webinars.
It is also useful if your chosen stock trading app offers research tools. In the case of chart analysis, this might include technical indicators. With that said, performing technical analysis on a mobile device will be challenging.
Nevertheless, fundamental resources like real-time financial news and market insights are also useful. This will allow you to stay ahead of the curve at all times. In fact, the best stock trading apps in Australia will send a notification to your phone when an important news story breaks on one of your invested shares.
In all but a few rare cases, Australian stock market apps will only design their applications for Android and iOS devices. This does make sense when you consider that less than 1% of mobile phones are backed by an alternative operating system. As such, if you’re on Windows or Blackberry – you might be disappointed.
In addition to this, we should note that some share trading apps work better on a particular operating system. For example, while one app might work in a seamless manner on Android phones, this might not be the case with iOS. As such, a good starting point is to read the reviews on your respective app store.
Note: Stock apps for Android and stock market apps for iPhone should always be downloaded directly from the respective broker’s website. In doing so, you can be 100% sure that you are downloading the official app and not an imitation.
By investing in or trading stocks, you are going to be risking your own money. As such, you need to figure out the best way to deposit funds into your chosen stock trading app.
The easiest way to do this is via an Australian debit/credit card or Apple/Google Pay. E-wallets are also convenient as you can securely and instantly fund your brokerage account. We also find that e-wallet withdrawals are processed faster than other payment methods.
Most Australian stock trading apps will allow you to transfer funds from your checking account, too. But, this can take a few days to process – so avoid this if you want to start trading straight away. Ultimately, you can check what payment methods are supported by the stock trading app before signing up.
Finally, you’ll want to pick an Australian stock market app that offers top-rated customer support. If you are using an overseas brokerage firm, then be sure to check what hours the support team works.
The best stock trading apps offer customer support on a 24/5 basis – which means you’ll always have access to an agent during the week. The best form of support comes via live chat – as this is both instant and free. Some trading apps also offer telephone support alongside email.
To conclude our guide on the best stock trading apps in Australia, we are going to show you how to get started with an account today. We have decided to walk you through the process with ASIC-regulated, commission-free stock trading app eToro. After reviewing all the best investment apps Australia, we believe eToro is the best stock trading app for beginners.
Step 1: Visit the eToro Website and Open an Account
Although you can open an account via the app, it’s probably easier to do this online. As such, head over to the eToro website and begin the registration process.
The ASIC-regulated broker will ask you for the following information:
- Home Address
- Date of Birth
- Email Address
- Mobile Number
- Australian Tax Identification Number
Make sure you enter the information correctly as you will need to verify it at a later stage.
Step 2: Download the Stock Market App
Once you have opened an account and confirmed your email address and mobile number, you can download the best share trading app Australia directly from the eToro website.
We suggest doing it this way as opposed to searching for the eToro app via your respective store, as you can be 100% sure that you are not downloading an imitation.
Step 3: Log In
Once you have installed the app to your phone, open it up and log in with your newly created username and password.
Step 3: Deposit Funds
You will now be asked to make a deposit. You can choose from the following payment methods.
- Debit Cards
- Credit Cards
The minimum deposit on the eToro stock trading app is $200. All of the above payment methods are processed instantly.
Step 4: Buy/Trade Stocks with the Best Share Trading App Australia
Once you have made a deposit you can start trading straight away. The eToro app allows you to search for the stock that you wish to trade. Or, you can browse the platform by the respective stock exchange. For example, if you are interested in trading UK stocks, simply use the filter system.
Once you click on the stock that you want to trade, the eToro app will ask you to set up an order. A buy order means you think the stock will increase and a sell order means the opposite. You’ll need to enter your stake in US dollars and whether or not you want to apply leverage.
Finally, confirm the order to place your commission-free stock trade!
Best Stock Trading Apps Australia – Conclusion
Stock trading apps in Australia are a must-have for those looking to invest in the financial markets. Sure, you won’t be able to perform in-depth technical analysis on a small screen – but all other account features can be accessed with ease.
For example, the best stock trading apps allow you to buy and sell shares, check your open positions, make use of educational fundamental research tools, and deposit/withdraw funds.
If you’re looking for an Australian stock trading app that is safe, secure, and cost-effective – ASIC-regulated eToro gives you access to 17 international exchanges. All stock trades are commission-free and the minimum investment per order is just $50.
You can get started with eToro, Australia’s best stock trading app for beginners, right now by clicking on the link below!
eToro – Overall Best Stock Market App Australia with 0% Commission
67% of retail investor accounts lose money when trading CFDs with this provider.
Which is the best stock trading app for beginners Australia?
eToro is often the go-to stock trading app for Australians with little experience. This is because the app was built with newbies in mind.
How do beginners trade stocks Australia?
If you are a beginner in the world stock trading, you are best advised to take a long-term buy and hold strategy. This means that you will be buying high-grade stocks and keeping hold of the shares for many years. This allows you to avoid the emotional side-effects of short-term volatility.
Can you trade stocks for free Australia?
Although in a time not so long ago commission-free stock trades would have been unthinkable, apps like eToro now allow you to do this. In other words, the eToro app allows you to invest in and trade stocks without you needing to pay a single cent in commission!
Are Australia stock trading apps safe?
As long as your chosen stock trading app holds a licensed with a reputable body like ASIC or the FCA, you should have no concerns regarding safety.
What shares can you trade on a stock app Australia?
Some of the best share trading apps Australia give you access to just the Australian markets, while others also offer heaps of international exchanges. This will vary from app to app, so be sure to check this out before opening an account with the provider.
What are other stock apps that are available in Australia?
Some other popular stock apps available in Australia include Robinhood, Thinkorswim, Charles Schwab, E*Trade, Fidelity, Interactive Brokers, Webull, and TD Ameritrade.