Finder Awards 2020 Best Low-Cost Brokerage
We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder.
Best Low-Cost Brokerage
With brokerage fees that are the lowest in the market for both Australian and global shares this platform released $0 commission trading for all global stocks, including US and Europe, while fees for Australian shares start from just $5.
Methodology: Best Low-Cost Brokerage
Here's how our expert analysts assessed the Best Low-Cost Brokerage 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
The focus here is primarily on broker fees at every level of trading – regardless of how often you trade or the trade size. Broker fees for both Australian and global share trading is also taken into account, along with inactivity fees.
More guides on Finder
Finder Daily Deals: The 5 best online deals in Australia today
Today's best online deals in Australia, hand-picked by Finder's shopping experts.
Financial Fitness Challenge Week 4: Make your savings and investments work harder for you
This is the final week of our 4-week financial fitness challenge, where we help you understand your savings, super and investments.
How to invest in the MyDeal IPO
The online retailer is expected to raise $40 million as it launches onto the ASX. Here's what you need to know.
Why Afterpay’s share price jumped and Zip’s fell
The BNPL stocks took off after new product and partnership announcements.
How to buy shares in Adore Beauty
Everything you need to know about Australia's biggest IPO of 2020.
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.
Apple iPad 2020 review
Apple's entry-level iPad has really only had a processor update this year, but it remains the best tablet that you can buy.
Superhero launches zero commissions for ETFs
The latest update sets Superhero as one of the only zero brokerage platforms for ASX-listed products.
What are the best US blue chip stocks of 2020?
Looking to buy blue chips? These are the best performing so far this year.
Snowflake shares fly at IPO – is it a good investment?
SPONSORED: Warren Buffet is a supporter, but is it too late to get on board?