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Top 10 Trading Apps in Australia for 2024: The Ultimate Guide

By Will Ellis
Last Updated on October 8, 2024
Edited by Adam Turner
Fact checked and reviewed

We live in a digital world, so it’s easier than ever to trade online. In many ways, there are huge advantages, but it’s important to choose the best trading apps in Australia as a starting point. Without this, the chances of gains are much lower and the entire experience will be less than enjoyable. 

To help, I’ve put together a review of the top ten trading apps that shine in the Australian market in 2024. I’ve looked at user-friendly interfaces, advanced trading tools, and additional features. In the end, it will be easier than ever to choose the best trading app.

Table of Contents

TL;DR

  • eToro leads with its social trading features and user-friendly interface.
  • Pepperstone excels in fast execution speeds and powerful trading tools.
  • IC Markets offers competitive spreads and a wide range of markets.
  • AvaTrade provides comprehensive educational resources for traders of all levels.
  • Quadcode Markets stands out with its proprietary trading platform and CFD focus.
  • GO Markets balances competitive spreads with a solid range of trading instruments.
  • Webull offers low-cost trading with access to Australian, US, and Asian markets.
  • Selfwealth provides a simple, flat-fee structure for ASX and US stock trading.
  • CMC Invest offers commission-free trading on global stocks and competitive ASX rates.
  • Tiger Brokers features a feature-rich app with access to multiple markets.

Criteria Breakdown Summary

While putting together my evaluation of the top trading apps in Australia, I developed a set of criteria. This includes user interface, available markets, fees and commissions, security, research, customer support, and mobile functionality. I rated each app on a scale of 1 to 5 for each area, creating a clearer picture of its strengths and weaknesses. Of course, the best trading app will score high in all areas.

eToro>

Best Known for Social Trading Features

eToro is one of the most recognisable names in the Australian market, and for good reason. This stock trading app is best known for its social trading approach, along with its CopyTrader feature. This allows me to emulate the successful strategies of previous traders. It’s an ideal option for beginners looking to learn and reduce risk, and for advanced traders seeking new strategies. 

This platform is also very easy to use and features a number of assets, including stock, ETFs, and cryptocurrencies. It’s no surprise that it’s so popular amongst Australian traders.

The eToro homepage shows you why it’s one of the best trading apps in Australia.
eToro is a social trading app that is very popular in the Australian market. Source: eToro

Key Features

As I mentioned, eToro’s main features are its social and copy trading abilities. It also has a large number of assets, which helped me diversify my portfolio. Additionally, the platform is intuitive and easy to navigate. 

There is a demo account for practice trading, which is a great addition for beginners. It also supports fractional share investing. As a result, eToro is accessible for traders with different budgets. 

However, eToro’s fees for some assets are slightly higher than comparable traders. This is something to consider on a personal basis.

Pros

  • Innovative social trading features
  • Low minimum deposit
  • Fractional share trading available

Cons

  • Limited advanced charting tools
  • Higher fees for some assets compared to competitors

Criteria Evaluation

  • User Interface: 4.5/5
  • Available Markets: 4/5
  • Fees and Commissions: 4/5
  • Security: 4.5/5
  • Research Tools: 4/5
  • Customer Support: 3.5/5
  • Mobile Functionality: 4.5/5

Community Reviews and Expert Recommendations

Overall, eToro receives a mixed bag of reviews from users. Most enjoy the trading experience through this app, but some mention the lack of advanced charting tools. However, the social and copy trading features are very highly regarded. Many users also praise the high-quality customer support. 

“I recently faced an issue with my eToro account, and I want to commend my account manager for his outstanding service. He was prompt in addressing my concerns and demonstrated a thorough understanding of the problem. His clear communication and proactive approach not only resolved the issue efficiently but also put my mind at ease.”Mneerah Sultan via Trustpilot

“I am very satisfied with eToro as a long time user, one of the best tools for your money investment.”Daniel Brodan via Trustpilot  

Experts recommend eToro for beginner and intermediate traders in particular. They also believe that anyone in copy trading will benefit from this platform. However, advanced traders may feel eToro lacks in-depth analysis tools. 

Pricing

eToro offers commission-free stock and ETF trading, but other fees may apply. The platform makes money primarily through spreads on CFDs and cryptocurrency trades.

Pepperstone

Speed Demon of Forex Trading

Pepperstone is another of the best trading apps in Australia, best known for its strong trading tools and fast execution speeds. This app is very popular amongst forex traders who are looking for several currency pairs and fast order fulfilment. I found the large number of assets useful and it allowed me to diversify my portfolio easily.

Upon browsing the Pepperstone homepage, you’ll find out why it’s among the best trading apps.
Pepperstone is a popular forex trading app. Source: Pepperstone

Key Features

The standout feature of Pepperstone is its fast execution speeds as a starting point. I found this very useful in ensuring that my trades didn’t face a delay. Additionally, there are several trading platforms to choose from, including MetaTrader 4 & 5 and cTrader. It’s also possible to trade on selected US shares over a 24 hour period. 

Overall, Pepperstone offers competitive spreads and leverages. It also uses the best technology around to give an easy and smooth trading experience. The only downside I can pinpoint is the lack of educational resources. While there are some available, I feel there could be more to bring Pepperstone in line with its competitors.

Pros

  • Low spreads across various instruments
  • Fast and fully digital account opening process
  • Excellent customer service with 24/7 support

Cons

  • Limited stock offerings compared to some competitors
  • Educational resources could be more comprehensive

Criteria Evaluation

  • User Interface: 4/5
  • Available Markets: 4.5/5
  • Fees and Commissions: 4/5
  • Security: 4.5/5
  • Research Tools: 4.5/5
  • Customer Support: 4/5
  • Mobile Functionality: 4/5

Community Reviews and Expert Recommendations

Most users give high praise to Pepperstone as one of the best trading platforms in Australia. They particularly enjoy the fast execution and competitive spreads on offer. Additionally, great customer support is mentioned multiple times. The number of trading platforms is another advantage many users point out. 

“I have used Pepperstone for one year and I’m more than satisfied with their services because their spreads are trader friendly, superb customer support, immediate payment processing.”Eliakim okwatch via Trustpilot 

“A technical issue occured where I unfortunately lost some money on my trading account. When I reached out to Pepperstone, they said they’d review it. They did! And also refunded the money I lost! In my view, the best action oriented customer care is definitely Pepperstone! They are fast, and do what they say! Keep it up Pepperstone! A very satisfied client here.”Nakamya Joanita via Trustpilot

Industry experts agree with these comments and recommend Pepperstone in particular for experienced forex and CFD traders. In particular, this app is recommended for those who like advanced platforms and speed. 

Pricing

Pepperstone offers competitive spreads from 0.0 pips on its Razor account. Commission rates vary by account type and trading platform used. You can read our Pepperstone review for more information.

IC Markets

The Spread Specialist

IC Markets is one of the most popular trading apps. This app offers tight spreads, in fact some of the tightest in the industry, particularly for forex pairs. As a result, it’s a great choice for high-volume traders and scalpers. I found it a great option for minimising trading costs.

Additionally, there are many tradable instruments available, including cryptocurrencies, CFDs, and forex.

On the IC Markets homepage, you’ll find access to more than 2,100 stocks.
IC Markets offers tight spreads and a range of tradable instruments. Source: IC Markets

Key Features

The biggest standout feature of IC Markets is its ultra-low spreads. There is also access to more than 2,100 stocks, several trading platforms, and advanced trading tools. I particularly liked that there was access to both MetaTrader 4 and 5, and cTrader. This app has high leverage options and fast execution speeds. Because of that I recommend it for professional traders in particular.

Pros

  • Extremely competitive pricing structure
  • Wide range of markets and instruments
  • Advanced platforms suitable for professional traders

Cons

  • May be overwhelming for beginners
  • Limited educational resources compared to some competitors

Criteria Evaluation

  • User Interface: 4/5
  • Available Markets: 4.5/5
  • Fees and Commissions: 4.5/5
  • Security: 4.5/5
  • Research Tools: 4/5
  • Customer Support: 4/5
  • Mobile Functionality: 4/5

Community Reviews and Expert Recommendations

Many users rate IC Markets highly, especially for its high leverage, fast execution, and tight spreads. It is also considered to be a reliable platform, giving peace of mind to users. 

“Great experience with IC Markets. Their platform is easy to use, and trades are executed quickly. Customer support has been helpful and responsive. Highly recommended for anyone looking to start or improve their trading.” Roely via Trustpilot 

“Always the best customer service! Speedy and helpful responses. The best broker around in my opinion! Used for 6 years plus and would never go elsewhere. HIGHLY RECOMMEND.”Sam via Trustpilot 

Industry experts recommend IC Markets for experienced traders who prefer low trading costs. They also note the difficult trading environment, making it a less suitable choice for beginners. 

Pricing

IC Markets offers spreads from 0.0 pips and commissions starting from $3.50 per lot per side.

AvaTrade

The All-Rounder for Every Trader

AvaTrade is a flexible and versatile platform, and I rate it for all trader ability levels. It is one of the top trading platforms in Australia because it is so easy to use. There are several trading instruments available and plenty of educational resources. I would highly recommend this app for beginners for this fact alone. 

However, there are plenty of advanced trading tools on offer for more advanced traders, making it an all-rounded choice.

The AvaTrade homepage proves that it’s among the trading apps in Australia that provide a world-class trading experience.
AvaTrade is a high-quality trading app for all ability levels. Source: AvaTrade

Key Features

As one of the best stock trading apps in Australia, it’s no surprise that AvaTrade has plenty of features. There are several trading instruments available, and platforms. The proprietary social trading platform, called AvaSocial, is a standout feature, and I found it very easy to use. In addition there are plenty of educational resources to help beginners learn and develop.  

Additionally, AvaTrade also offers automated trading options and risk management tools. This is why I believe it’s a great choice for both beginner and advanced traders alike.

Pros

  • User-friendly platforms suitable for beginners
  • Extensive educational materials and webinars
  • Regulated in multiple jurisdictions, enhancing trustworthiness

Cons

  • Higher spreads on some instruments compared to competitors
  • Limited customization options for advanced traders

Criteria Evaluation

  • User Interface: 4/5
  • Available Markets: 4/5
  • Fees and Commissions: 4/5
  • Security: 4.5/5
  • Research Tools: 4.5/5
  • Customer Support: 4/5
  • Mobile Functionality: 4/5

Community Reviews and Expert Recommendations

Users appreciate AvaTrade’s range of features and how it caters to all ability levels. Many users mention educational resources and risk management features. In addition, the large number of tradable instruments are also mentioned regularly. However, some users believe it isn’t the best option for those seeking the lowest possible spreads. 

“AvaTrade company has got all the tools needed for everyone who wants to start trading, providing educational and efficient trading platforms as well as many other helpful services. Moreover I would like to thank Thomas Magen, a senior account manager from AvaTrade, with his experienced guidance and several online meetings I was able to get better in my trading journey after I almost wanted to quit. He has the patience to mentor everyone who wants to learn.”Maan Yassin via Trustpilot

“Unlike other companies, AvaTrade accountants will respond to your questions, clarifying clearly what you have asked about. They won’t rush you into making your first deposit. They send you tutorials on how to go about trading as a beginner.”Customer via Trustpilot 

Industry experts agree with this feedback and believe Avatrade is a solid choice for all ability levels. They particularly mention the high-quality customer support available. 

Read more about this app in our in-depth AvaTrade review

Pricing

AvaTrade offers spreads from 0.9 pips on major forex pairs. The broker doesn’t charge commissions on most trades, instead making money through the spread.

Quadcode Markets

The CFD Specialist

The next trading app I reviewed was Quadcode Markets. This app offers a very user-friendly experience and it’s particularly rated for its CFD trading opportunities. The proprietary trading platform is clear and intuitive, and caters for all trading ability levels. I found the balance of simplicity and advanced features very useful.

Quadcode Markets provides us with an expertly designed and extremely easy to use platform.
Quadcode Markets offers a clear and simple approach to CFD trading. Source: Quadcode Markets

Key Features

One standout feature is the proprietary platform I’ve already mentioned. It’s extremely easy to use and intuitive. Quadcode Markets offers a demo account for beginner traders to practise, along with customer support available 24/7. In addition, there are several deposit and withdrawal options for flexibility and simplicity. Overall Quadcode Markets is one of the top trading platforms in Australia because of its simple approach. It is a great choice for traders particularly interested in CFDs.

Pros

  • Simple, intuitive interface ideal for CFD traders
  • Regulated by ASIC, ensuring a level of security for Australian traders
  • Low minimum deposit, making it accessible to new traders

Cons

  • Limited range of tradable assets compared to some competitors
  • Lack of advanced analytical tools for experienced traders

Criteria Evaluation

  • User Interface: 4.5/5
  • Available Markets: 3.5/5
  • Fees and Commissions: 4/5
  • Security: 4/5
  • Research Tools: 3.5/5
  • Customer Support: 4.5/5
  • Mobile Functionality: 4.5/5

Community Reviews and Expert Recommendations

Overall, Quadcode Markets enjoys positive reviews from users. Most mention the user-friendly approach and excellent customer support. Many beginner traders find this platform useful and appreciate its simple approach to trading. 

“Quadcode Markets is my choice as a mediator in the trading world because it’s a regulated brokerage company which offers pretty delicious conditions! Solid leverage ratio for forex pairs up to 1:30 makes me understand that the company takes care of the clients’ risk management. That is valuable.” Manuel Rubio via Trustpilot 

“It’s an Aussie broker but it also obtained a Cysec licence which means that such an enormous and respected financial regulatory body trusts the company and gives it a green light. Not bad, not bad…”Tyler Phillips via Trustpilot 

Industry experts recommend Quadcode Markets for beginner CFD traders in particular. They mention the intuitive interface and the many educational resources available. However, they believe it may not be the best choice for experienced traders looking for advanced trading tools. 

Pricing

Quadcode Markets offers competitive spreads on CFDs, with specific pricing not publicly disclosed. The platform emphasises transparent fee structures with no hidden costs.

GO Markets

The Balanced Trader’s Choice

Another of the most popular trading apps in Australia is GO Markets. This is a solid choice and one that caters for both beginner and advanced traders. I particularly enjoyed the competitive spreads and many trading instruments available. This is a great choice of platform for both CFD and forex traders, with access to several markets.

GO Markets homepage.
GO Markets is a great choice for CFD and forex traders looking for the best trading apps in Australia. Source: GO Markets

Key Features

GO Markets’ main features are its choice of multiple trading platforms and many tradable instruments. I could choose between MetaTrader 4 or 5 with their associated features. Plus, this app includes competitive spreads and a large choice of CFDs and forex pairs. The customer support is particularly good with this app, although it’s only available 25/7. 

The broker also has CHESS sponsorship for ASX shares. This gives an extra layer of security for stock traders in the Australian market.

Pros

  • Low spreads across various instruments
  • Regulated by multiple authorities, enhancing credibility
  • Extensive educational resources for traders of all levels

Cons

  • Limited stock offerings compared to some specialised stock brokers
  • Advanced traders might find some customization options lacking

Criteria Evaluation

  • User Interface: 4/5
  • Available Markets: 4/5
  • Fees and Commissions: 4.5/5
  • Security: 4.5/5
  • Research Tools: 4/5
  • Customer Support: 4.5/5
  • Mobile Functionality: 4/5

Community Reviews and Expert Recommendations

Users rate GO Markets generally positively, particularly heaping praise on its reliable execution and competitive spreads. However, while most users mention the range of features, some would appreciate more extensive stock options or specialised tools. 

“I have used Go Markets, C-Trader for 3 months already. I’m personally very satisfied. No problem with withdrawal. I tested withdrawal a few times already. Good and nice contact with the support team. Everything works well … Broker seems to be very honest, transparent”Harold via Trustpilot 

“Great broker, great customer service; would highly recommend” Bill via Trustpilot 

Industry experts recommend GO Markets for beginners and intermediate traders in particular. Anyone interested in forex and CFDs in particular will find this app useful. 

Pricing

GO Markets offers 0.0 pips spreads on its raw spread accounts. Standard accounts have slightly higher spreads but no commissions. Specific pricing varies by account type and instrument traded.

Webull

The Low-Cost Global Trader

Another on our list for best trading app is Webull. This app is very popular across Australia. It offers low-cost trading with access to not only Australian markets but US and Asian ones too. I found the platform very easy to use and the mobile app was fast and intuitive. 

One thing which stands out is the attractive pricing structure, which makes it a great choice for budget-conscious traders.

With Webull as one of the best trading apps in Australia, you have access to US options, among others. Source: Webull

Key Features

Webull is one of the best stock trading apps for access to US options. This app is very easy to use and provides access to real-time market data. There is also a range of analytical tools, along with low brokerage fees. In addition, Webuss offers CHESS sponsorship for ASX shares, to provide an additional layer of flexibility. 

I recommend this app for beginner and advanced traders, as it’s a very cost-effective way to trade in different instruments.

Pros

  • Very competitive pricing structure
  • Good range of markets, including US and Asian stocks
  • Excellent mobile app experience with robust features

Cons

  • Limited access to global markets beyond US and Asia
  • Research and educational resources may be less comprehensive than some competitors

Criteria Evaluation

  • User Interface: 4.5/5
  • Available Markets: 4/5
  • Fees and Commissions: 5/5
  • Security: 4.5/5
  • Research Tools: 4/5
  • Customer Support: 4/5
  • Mobile Functionality: 4.5/5

Community Reviews and Expert Recommendations

Users rate Webull for its low-cost trading conditions and user-friendly app. Competitive pricing and access to US markets are also two things many users appreciate. However, some users mention that the platform doesn’t offer very extensive research tools. 

“I’ve been trading for over two years and Webull is one I’ve stuck with since I started. They’re always improving things and their charts and general setup is much cleaner and easier to use than the others. They lack a few indicators and tools to help chart but they seem to always add them eventually.” Customer via Trustpilot 

“I’ve tried a dozen services/online brokers and am very happy with Webull, Not perfect yet but seems they have everything needed to be a decent retail trader. Well above Robinhood services especially when it comes to the news links. Really astonishing what they offer considering it’s free basic trading in cash account and margin account. Having a margin account lets you trade more than your availability as well as do sell orders, options are also available. And with 25k minimum you can trade all day if you like no issues.” Jeremy Pellicano via Trustpilot 

Industry experts recommend Webull for traders interested in US stocks and options in particular. They also praise its cost-effective approach to trading. 

Pricing

Webull offers $4.9 minimum brokerage for ASX trades and $0 brokerage for the first 30 days. US stock trades are commission-free, with other fees varying by market and instrument

Selfwealth

The Flat-Fee ASX Specialist

Selfwealth is one of the best trading app choices due to its easy to understand, flat-free structure. This covers ASX and US stock trading. The clear, transparent pricing structure is combined with CHESS sponsorship for ASX shares. I’d highly recommend this app for Australian investors looking for cost-effective, simple trading options.

The Selfwealth homepage showcases why it’s among the most popular low cost trading platforms in Australia.
Selfwealth offers cost-effective trading conditions. Source: Selfwealth

Key Features

Selfwealth’s simple and transparent pricing structure is its standout feature and the reason it’s so popular. It also offers access to US markets and many research tools. However, these tools do come at an extra cost, as part of their premium plan. The platform is very easy to use and the app is intuitive and straightforward. 

I would recommend Selfwealth for novice and experienced investors, especially those focused on US and Australian stocks.

Pros

  • Simple, transparent fee structure
  • CHESS sponsorship for added security on ASX shares
  • Good range of research tools (premium feature)

Cons

  • Limited global market access beyond Australia and US
  • Premium features come at an additional cost

Criteria Evaluation

  • User Interface: 4/5
  • Available Markets: 3.5/5
  • Fees and Commissions: 4.5/5
  • Security: 4.5/5
  • Research Tools: 4/5
  • Customer Support: 4/5
  • Mobile Functionality: 4/5

Community Reviews and Expert Recommendations

Most users give Selfwealth positive reviews, especially where transparent pricing is concerned. Another common mention is its simple approach to stock trading, along with CHESS sponsorship. However, some users mention that it may not be the ideal option for investors who want access to global markets. 

“Easier to save a whole lot more on large orders rather than the % based fees of the banks. Haven’t had poor support when trying to get holdings transferred. Exceptional service. They even considered smaller things via email. Love that they are very transparent with a “roadmap” burger style plan. SelfWealth is shaping up to become something very big. Catchy name.” – DaModernDaVinci via Trustpilot 

“Moving my trading over to selfwealth from Amscot was the best move for me, already saving heaps on brokerage at only $9.50 per trade, Amscot did let me do centre point trades which is the only negative for Selfwealth as they do not, otherwise full thumbs up.” Amanda via Trustpilot 

Most experts recommend Selfwealth for investors particularly interested in ASX stocks and cost-effective trading. 

Pricing

Selfwealth charges a flat fee of $9.5 per trade for both ASX and US stocks, regardless of the trade size. This simple pricing structure applies to all users without tiered pricing or hidden fees.

CMC Invest

The Commission-Free Global Trader

My penultimate choice for the best stock trading app award is CMC Invest. This app offers commission-free trading on global stocks. It also offers very competitive rates for ASX trades. I found the pricing structure particularly pleasing and easy to understand.

Also, there are many markets available, which made it easy for me to diversify my portfolio.

CMC Invest is a trading app in Australia that has a transparent pricing structure and multiple available markets. Source: CMC Markets

Key Features

CMC Invest are popular due to their low-cost ASX trading and $0 brokerage on global stocks. In addition, there are a wide range of order types available, along with in depth information on markets. The platform has many advanced trading tools available, along with research resources. 

I would recommend this app for beginner and experienced traders, particularly those interested in global markets. However, it’s important to go slowly when learning the platform, as it may be overwhelming at first.

Pros

  • Very competitive pricing, especially for global stocks
  • Good range of global markets accessible from one platform
  • Advanced trading tools and research resources

Cons

  • Some global markets have higher fees compared to local trading
  • Platform might be overwhelming for absolute beginners

Criteria Evaluation

  • User Interface: 4.5/5
  • Available Markets: 4.5/5
  • Fees and Commissions: 5/5
  • Security: 4.5/5
  • Research Tools: 4.5/5
  • Customer Support: 4/5
  • Mobile Functionality: 4.5/5

Community Reviews and Expert Recommendations

CMC Invest has received many positive reviews from users. The most commonly mentioned aspect is competitive pricing and the wide number of available markets. Most users also state that they enjoy trading global stocks without commission. 

“This is actually the best investing app that I’ve found so far. The trade executions are reliable (unlike Freetrade) and there is now even the option for Limit orders. The interface is also very attractive and easy to use.” Ian via Trustpilot

“The CMC app is so easy to use and keeps tabs on your investments in real time. Super easy to add funds and invest in your chosen companies. Only just started myself but already enjoying the very smooth and hassle free process.”Dean Watson via Trustpilot  

Industry experts recommend CMC Invest for traders seeking cost-effective conditions, along with access to international markets. 

Pricing

CMC Invest offers $0 brokerage on global stocks and $0 on one ASX trade per day up to $1,000. Additional ASX trades and larger trade sizes may incur fees, which are competitive within the Australian market.

Ooma Tiger Brokers

The Feature-Rich Multi-Market App

My last suggestion for the best trading app is Tiger Brokers. This app is very popular as it is packed with features and gives access to Australian, US, and Asian markets. It offers competitive prices along with advanced trading tools. With the multi-market access, it’s a great choice for all traders, including beginners.

Tiger Brokers is a trading app in Australia that offers low brokerage fees and advanced trading and research tools.
Tiger Brokers offers multiple market access and cost-effective trading conditions. Source: Tiger Brokers

Key Features

Tiger Brokers’ main features include CHESS-sponsored ASX stocks and 24/5 US trading. They also offer low brokerage fees, along with advanced trading and research tools. This is an app for traders who are serious about gains. I found the platform very easy to use and it offers real-time market data, along with customisable charts. The app itself is very intuitive and functional for on-the-go trading.

Pros

  • Competitive pricing across multiple markets
  • Feature-packed app with advanced trading tools
  • Good range of markets including Australia, US, and Asia

Cons

  • Cons
  • Limited to AU, US, and Asian markets compared to some global brokers
  • May be complex for absolute beginners due to advanced features

Criteria Evaluation

  • User Interface: 4.5/5
  • Available Markets: 4/5
  • Fees and Commissions: 4.5/5
  • Security: 4.5/5
  • Research Tools: 4.5/5
  • Customer Support: 4/5
  • Mobile Functionality: 4.5/5

Community Reviews and Expert Recommendations

Overall, Tiger Broker has received positive reviews from users. Most mention its feature-rich platform and its competitive pricing structure. Additionally, many users appreciate the advanced tools, particularly for experienced traders. 

“Great. however it is quite laggish when executing trades via tradingview. Unable to set stop loss level on trading view.”Nexxtrade via TradingView

“I like the seamless integration with TradingView, perfect for me since I have been a Trading View user for quite some time. I am new to Tiger Broker but had many years experience of trading on the Malaysian market. Now I am doing US Stock, mainly intraday.. being able to use Tiger with TradingView is perfect.. I just hope improvements are ongoing and this will make the platform even better.”Affnan via TradingView

Industry experts believe Tiger Broker is a quality option for advanced traders. They particularly rate it for traders looking for multi-market access.

Pricing

Starting at $24.95 per user per month for the Office Pro Plus plan.

Notable Mentions

Interactive Brokers

Interactive Brokers is a quality stock trading app that offers access to a wide range of global markets. This app has competitive pricing, and caters to more experienced traders.

CommSec

CommSec is operated by Commonwealth Bank and provides a comprehensive trading platform. This app contains extensive research tools and market analysis, making it a top choice for advanced traders. 

Stake

Stake is a quality app focused on providing commission-free access to US stocks and ETFs. This is particularly appealing to Australian investors interested in the US market.

FAQs

What should I look for in a trading app?

When choosing the best stock trading app, it’s important to consider specific factors. These include how easy the app is to use, available markets, fees, commission, security, research tools, customer support, and functionality. It’s also important to check the app is ASIC regulated. 

Are these trading apps safe to use?

All the trading apps I’ve reviewed are generally safe to use. Reputable financial authorities like ASIC regulate them. However, it’s important to remember that trading is always risky in itself. Remember to use a strong password, two-factor authentication, and be cautious about sharing personal information. We offer a range of resources on online safety. Check out our is eToro safe’ in-depth guide as one example. 

How do I choose the best trading app for my needs?

Think carefully about your trading goals, experience level, and the markets you prefer. If you’re a beginner, look for apps that feature educational content and demo accounts. Experienced traders should look for apps with advanced tools and competitive pricing. 

What are the costs associated with using these trading apps?

Costs vary between the different reading apps I’ve mentioned in this feature. These include brokerage fees, inactivity fees, spreads, and currency conversion charges. There are some apps that offer commission-free trading on specific markets. Do your homework on each app to decide the best one for you and your budget. You can also check out our post on the best trading platforms with the lowest fees

Can I use these apps for both short-term trading and long-term investing?

Most of the apps mentioned in this feature are suitable for short-term trading and long-term investing. However, some apps may be more focused toward active trading, with features like advanced charting. Others might be better for buy-and-hold strategies. It’s important to carefully assess the features of each one before making a decision based on your goals. On top of that, you need to figure out how to begin financial trading properly before jumping into anything. 

Final Thoughts

We’ve covered the ten best small business phone systems in Australia, along with a few honourable mentions. What we’ve learned is that while there are many commonalities, each provider offers something different. The best phone solution for one small business might not be the best fit for the next. We strongly encourage businesses to do their due diligence and research before committing. 

Here are a few key takeaways from our roundup: 

  • Small businesses have unique needs when it comes to business phone systems. 
  • Consider features like integration capabilities, cost, and plan options. 
  • VoIP is something to consider, even if a business isn’t using it currently. 
  • Most plans are priced per user, per month. This can quickly add up for larger teams. 
  • Be aware of added costs for upgrades and integrations. 

Choosing a business phone system means finding the one that best fits business needs and goals. The phone systems providers on our list offer flexibility and range of features and tools to meet diverse small business needs. When researching phone systems, we also invite you to read some of our other guides for small businesses: 

Let us congratulate you on your growing small business. 

We’ve covered a lot of ground in this guide and now  we know the best trading apps in Australia. However, it’s important to remember that there is no one-size-fits-all answer. It’s important to carefully assess each app’s pros and cons before making a final decision. 

Whether you’re a beginner, an advanced trader, or something in between, there is a trading app out there for you. It takes time and patience to narrow down your choice, but it’s a worthwhile process. 

However, it’s important to remember that choosing the best trading app isn’t the whole story. You also need to focus on strategies to ensure a smooth and profitable experience. Here at Privacy Australia, we have a range of resources to help you do just that. As a starting point, check out our ‘what is day trading,’ and ‘how to begin financial trading’ resources. 

Additionally, we’ve got resources to protect your digital assets online. Be sure to look at our guides on VPNs, antivirus software, privacy tools, and more to keep you safe.

After all, the more information you have, the better your trading experience.

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