Finder Awards 2020 Best Australian Share Trading Account
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Best Australian Share Trading Account
This platform is simple to use but has advanced features including CHESS-sponsored ASX shares, access to exchange traded funds (ETFs), managed funds (mFunds), warrants, options and IPOs.
It has a range of trading tools, including broker ratings, limit orders and company news and analysis. Plus, no subscription or inactivity fees.
Methodology: Best Australian Share Trading Account
Here's how our expert analysts assessed the Best Australian Share Trading Account category to pick the 2020 winner.
We use a proprietary algorithm that calculates the ranking of our share trading platforms based on fees, features, available markets and user experience. For more information about how we calculated our categories, see Finder's share trading ranking page.
Due to the complicated nature of broker fees, we set these assumptions:
- Where fees are priced in different global currencies, the rates are based on the exchange rate set as of 28 April 2020.
- Where fees are based on a dollar per share structure, we've used a nominal share price of $10 per share.
- In cases where fees are charged as a percentage of total holdings, we assume the total trade value per month is 10% of total holdings. For example, if you make 1 trade of $100 per month, the assumption is your total holdings equal $1000.
- In cases where the broker offers both CHESS and issuer sponsored shares, we have used the least expensive option in terms of broker fees.
Selection and weighting
Using our share trading algorithm, we prioritise the features that are key to specifically trading ASX-listed shares and exchange traded funds (ETFs). This includes brokerage and inactivity fees for Australian shares and the ability to access the ASX. We put less importance on international share trading features or products such as forex or CFDs.
More guides on Finder
Finder Innovation Awards 2020: Up, The ICONIC and TransferWise among winners
Australia’s most forward-thinking businesses have been recognised in the 2020 Finder Awards winners ceremony this afternoon.
CommSec vs SelfWealth
We rate the fees and features of both online brokers.
SelfWealth launches US stock trading – here’s how it compares
The broker is offering US shares for a flat $9.50 fee. So how does it stack up to CommSec or CMC Markets?
What are the best ASX blue chip stocks of 2020?
SPONSORED: Work (and play) from home stocks Kogan, Domino's and Breville are among the top performing large-cap Aussie stocks this year.
Tips to trade shares in a volatile market
SPONSORED: October is historically the most volatile month of the year – here's why this year might be the wildest yet.
What are the best US blue chip stocks of 2020?
Looking to buy blue chips? These are the best performing so far this year.
Dabble review: $0 brokerage US share trading
Dabble offers $0 brokerage on US stocks plus automated investments from as little as $1.
ThinkMarkets review Australia: ASX share trading
Trade ASX shares and ETFs with commissions starting at $8.
Superhero review: ASX share trading app
Trade ASX stocks and ETFs with a flat $5 brokerage fee and a low minimum investment of just $100.
CMC Markets has $0 brokerage on global shares – how does it compare?
CMC has become Australia's fourth broker to launch commission-free trading in 2020. Here's how it stacks up to the others.