CMC Markets Invest is our 2023 champion because it offers the whole package. Along with a top-tier user interface, it has powerful trading and research tools and an impressive range of available assets. CMC has nailed the balancing act between sophisticated functionality while keeping fees low, giving users a first-class trading experience.
Finder’s 2023 Share Trading Platform Awards
Our experts compared 39 platforms, 115+ features and brokerage fees for dozens of terms and conditions to help you find the best trading accounts for 2023.
Best Overall Platform (2023): CMC Markets Invest
Interactive Brokers was our runner-up for this year’s best overall platform. It delivers on several fronts, offering a range of platform options suitable for beginners through to advanced traders. It scored especially well for its long list of available global markets and high quality trading tools.
eToro was a top contender for the best overall platform award this year thanks to its very low fees, extensive asset library and its unique mix of trading features. eToro also stands out for its educational resources and research tools.
Best for Global Stocks: Interactive Brokers
eToro comes highly commended with a smorgasbord of global stocks on a platform that's easy to use. Its low fees and social trading feature takes things up a notch, making eToro an undeniably worthy adversary in the global stocks arena.
CMC nabs a highly commended title for its array of global stocks and competitive pricing. It's not just about the breadth of their offerings, but also the quality of their platform. It's reliable, easy to navigate, and simplifies global trading, cementing CMC as a global stocks powerhouse.
Best for Australian Equities: CMC Markets Invest
Stake comes highly commended for Australian Equities by offering the lowest fees in the market for ASX CHESS-sponsored stocks. It's all about simplicity and low-cost access to Australian equities, securing Stake a top spot in this category.
Having only launched Australian stocks in 2023, eToro already comes highly commended. The platform pairs a user-friendly trading experience with an impressive range of trading tools and low fees on Aussie stocks. eToro gets extra points for being the first platform to offer unconditional $0 brokerage trades on Australian equities.
Best for Active Traders: Interactive Brokers
Tiger Brokers earns its stripes in this category by providing a comprehensive suite for active traders. The platform combines in-depth analytics with low-fee stock and options trades. It’s also one of the only platforms out there to offer OTC stocks.
CMC proves its mettle again, achieving a commendation for Active Traders. The platform's access to margin products, range of assets and intuitive design work together to create a platform that's efficient and effective. In short, it's a top pick for traders on the go.
Best for Long Term Investing: Superhero
CMC scores again, being highly commended for Long Term Investing. The platform’s $0 brokerage offering for small trades, research tools and equity filters make it a reliable companion for investors planning for the long haul.
Stake grabs another commendation, this time for Long Term Investing. Its commitment to simplicity and cost-effectiveness makes it an attractive option for those looking to invest for the long haul.
Best for Beginners: Douugh
Superhero lands another commendation, this time for our beginners category. Its user-friendly platform, straightforward fee structure and auto-invest feature make it a safe bet for those taking their first trading steps.
Pearler shines in the beginners category with its simplicity and educational resources. This platform isn't just about getting started, it's about learning and growing as an investor. Pearler's commitment to educating new traders and its beginner-friendly auto-invest and micro-investment tools makes it a stand out.
Best for US Stocks: eToro
CMC earns a commendation for US stocks because it offers an expansive US portfolio, great research tools and competitive pricing. CMC's ability to streamline US trading at a low price point makes it a standout in this category.
IG receives a commendation with its low-cost entry into US markets. Coupling this with a versatile trading platform and extensive educational resources, IG is a strong contender for those eyeing the US markets.
Best Mobile App: Douugh
CMC strikes again, earning a high commendation for their mobile app. Its high customer review app rating, user-friendly design and wealth of features provide a high-quality trading experience, right in the palm of your hand.
Stake's mobile delivers a sleek, easy-to-use interface coupled with low fees and all the essential trading tools you'll need on the move. It's an efficient and reliable option for those who prefer trading at their fingertips.
Low Costs: IG
eToro achieves a commendation thanks to their low-cost structure, offering $0 brokerage for Australian and global stocks. Coupled with their user-friendly platform and extensive offerings, eToro proves that trading doesn't have to break the bank.
CMC Markets bags a commendation for their cost-effective approach to investing. Their competitive pricing, alongside a comprehensive platform and wide-ranging assets, makes it a pocket-friendly choice for traders. Of particular note is their $0 brokerage offering for Australian stocks and ETFs.
Best ETF Broker: CMC Markets Invest
Pearler earns a commendation with its focused approach to ETFs. Combining easy-to-use features, comprehensive ETF offerings and $0 brokerage ETF trades, Pearler is a strong player in the ETF field. Pearler is also notable thanks to its low-cost auto-invest feature into ETFs and ETF portfolios.
Superhero swoops in for another commendation, this time for ETFs. With a solid array of ETFs and features that make ETF investing easy to understand, Superhero proves it's got what it takes to be a top ETF broker. Superhero also stands out as one of Australia’s first brokers to offer $0 brokerage ETF trades.
Meet our experts
Senior Editor, Investments
Kylie is Finder's investments expert. She is responsible for selecting the awards criteria we use to determine the winners.
Insights Analyst, Finder Awards
Saranga is responsible for analysing the data that fuels the Finder Awards. He ensures our winners are based on facts, not biases.
AJ is Finder's investments publisher. He works closely with the editorial team and makes sure you get to hear about all of the winners.
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