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.…

Getting started with Trading 212 is simple. After registering an account, verifying your identity and funding it, the app will automatically give you free shares worth up to EUR100. The platform also allows you to buy fractional shares, meaning that you can gain exposure to firms – such as Tesla – without having to commit to investing a large sum of money.Go here :theinvestorscentre.co.uk

Aside from this, the app boasts a number of other features that make it an excellent choice for beginner investors. These include a ‘practice’ function, which can be used to test the waters of buying and selling shares with virtual money. It also has a range of educational resources that can help you learn more about the trading process and market.

Trading 212 Free Shares Review – How to Maximize Your Free Shares

Another bonus is the ability to earn interest on your invested cash. This is a feature that many other brokers are starting to adopt, and Trading 212 offers a market leading rate of 5.07% at the time of writing.

The platform also makes it easy to browse ETFs and shares via a bare-bones selection of filters. These can be sorted by popularity, biggest risers, biggest losers, business sector and more. You can also use the search bar to locate the specific share or fund you’re looking for.

The app does lack more complex products, such as options and futures. This could be a drawback for more experienced traders. Nevertheless, the fee structure is competitive and transparent, with commission-free trading on stocks and ETFs. There is also a flat 0.15% currency conversion fee and no inactivity or withdrawal fees.…