Sun. May 26th, 2024

Introduction:

Australia is a unique country with a unique economy and a lot of Australians looking to get involved in the stock market but does not know where to start. 

Share trading can be daunting for beginners. There are many moving parts, including listing and managing actual shares. It all feels like a lot. Thankfully, Australia has an online share trading platform in ASX (Australian Securities Exchange). 

In this article, we’re going to dig out the best stock trading app australia, things to look out for, and answers to commonly asked questions.

Best Online Share Trading Platforms in Australia:

Investing your money isn’t easy. There are so many terms and jargon to master that even the most experienced investors find themselves floundering. Here’s a quick guide on how to get started, with some of our favorite trading tools:

1.   Superhero Live Account

Superhero seems to be one of the newest players on the market, but it’s hit the ground running by providing some of the best value around. The best part is it has no monthly fee, a low flat-rate brokerage fee of just $5 on ASX listed shares, and zero brokerage on ETF purchases which is $5 at the time of selling.

New traders can also get started with a minimum investment of just $100. Overall, Superhero is a great choice indeed.

2.   ThinkMarkets Share Trading

​ThinkMarkets was launched by the ThinkMarkets Group in 2013, with the company being formed by a collection of Australian business people with many years of experience working in the investment industry. 

With ASIC approval and regulatory permissions from the Australian Securities and Investments Commission (ASIC), ThinkMarkets has taken on a new approach to investing in Australia by providing customers with a highly competitive low-cost platform for trading shares and ETFs.

3.   Self Wealth – Classic

When it comes to investment, most people don’t have the time to manage their own portfolios. That’s where Self Wealth comes in as the best stock trading app australia.

The share trading account from Self Wealth has been awarded a 2021 Mozo Experts Choice Award, and there are plenty of reasons why. You pay no monthly fees with Self Wealth and you can select between two different share trading accounts based on your situation and needs.

 Whether you only need to move a small amount of cash per month or if you have hundreds of thousands to invest, the Self Wealth Share Trading account is ideal for you without compromising on features.

4.   Saxo Markets – Classic

When it comes to online share trading, Saxo is one of Australia’s largest stockbrokers and the word on the street is that they offer some of the best trading conditions available. 

After monitoring a number of broker accounts over the past 48 months, we are pleased to say that their low flat rate brokerage and no monthly fees are among the best deals in the market.

This year the Mozo Experts Choice Awards awarded Saxo Markets Classic a seal in two categories – Best Overall Online Broker and Best On-Platform Offer for ASX and ETF Trading. The award is proof that Saxo Markets are simply the best brokerage in Australia for both trading stocks and for buying ETFs.

Final Words:

If you’re looking for the best stock trading app australia that is safe, secure, and cost-effective, the above analysis can help you get started in no time. 

To manage your finances from a mobile device without any hassle, you need the right android app development company that can offer you everything you need at your fingertips. 

Mobcoder aims to help people find a balance between leisure and work. It is an android app development company that can make a suitable app that has all you’ll ever need for trading on the go

Whether you’re new to investing or a seasoned trader, learning how to invest your money effectively is crucial. We hope our findings will help you with your research on the best online share trading platforms in Australia, and we wish you the best of luck on your investment journey!

By Manali

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