Best Investment Platforms AustraliaBest Investment Platforms Australia
Whether you are a newbie investor or seasoned pro, the right platform is key to helping you achieve your wealth-building goals. Choosing a platform that aligns with your financial goals, risk tolerance and trading style is paramount. The right platform will give you the control you want, automation you need and access to a diverse range of investment opportunities.
To help you on your way, we have compiled our top 5 online trading platforms in Australia. Each offers low or no brokerage fees for ASX shares and ETFs, and a variety of features like watch lists, market updates and trading tools. Some platforms also allow you to automate your trades so that a set amount is invested into your share or ETF each week, month or quarter. This is known as dollar-cost averaging and can reduce the impact of market volatility.
Best Investment Platforms in Australia: A Comprehensive Review
Best Investment Platforms Australia is an Australian-based micro-investing app backed by the Commonwealth Bank of Australia (CBA). It’s easy to use and has low brokerage fees for ASX stocks and ETFs, and a free auto invest feature that lets you buy and sell ETFs automatically. The app also offers free 2FA via SMS which is great if you use your phone for all your banking and investments, but we don’t recommend this method for security reasons as your SMS is susceptible to interception from malicious apps or service providers.
CommSec is an advanced trading app that caters to seasoned investors with one of the most comprehensive ranges of assets available in Australia. It also boasts an intuitive mobile app and extensive research tools. It’s a good option for active traders who want to add options, managed funds and CFDs on equities, commodities, treasuries and currencies to their portfolio.…