Saving money on brokerage fees can be an important way to get ahead when investing. Not only can high fees erode some of your returns, it also means you can invest less money.
Cheapest share trading platforms: Our picks
According to Finder's latest analysis of brokerage fees, inactivity fees and foreign exchange fees, the cheapest brokers in Australia are:
CMC Invest was rated our best low-cost broker in Finder's latest Share Trading Awards because of its $0 brokerage offer, whether you're an active or passive trader of global or local stocks.
In terms of the cheapest CHESS-sponsored trades, CMC offers $0 brokerage for ASX buy orders of $1,000 or less (per equity, per day), Tiger Brokers now offers $3 brokerage and Stake and moomoo are also competitive at $3 per trade.
If you don't care about CHESS-sponsored brokers, Betashares Direct and IG now offer $0 brokerage on a range of ASX stocks, Superhero charges $2 brokerage on trades, while eToro offers US$2 brokerage.
When it comes to trading global and US stocks and ETFs, there are several brokers in Australia with a $0 brokerage offering on some international stocks, including CMC Invest, IG and Bendigo Invest Direct. Webull charges US$1 or less for US equities trades (up to US$1,000), Interactive Brokers is US$0.0035 cents per US share, while moomoo charge US$0.99.
However, brokerage fees on global shares is just one part of the equation, as you'll need to pay a currency conversion fee on every buy and sell order. The brokers with the lowest currency conversion fees are Interactive Brokers (0.03%, min $3), Totality (0.25%) and Webull (0.50%).
Meanwhile, for Australian ETFs, Webull, Betashares Direct, IG, CMC Invest and Vanguard offer the lowest fees, charging a flat $0 brokerage fee on some or all ETF investments (buy orders only, other conditions may apply).
CMC Invest was the winner of our latest award for best low-cost broker because of its competitive fees on Australian and global shares. When trading $1,000 or less on the ASX, CMC is the cheapest CHESS-sponsored broker, with $0 commission trades. It's worth noting that this rate only applies to 1 buy order, per equity, per day; You pay $11 (or 0.11%, whichever is higher) on subsequent trades and any sell orders.
$0 brokerage fees on ASX purchases under $1,000
$0 brokerage on US, Canadian, Japanese and UK stocks
High-quality research tools
CHESS-sponsored ASX stocks
Only 4 global markets are commission-free to trade, others cost $59.00 in brokerage
ASX stock brokerage not the cheapest out there
Brokerage fees: AU stocks: $0 brokerage (for buy orders up to $1,000) and $11 or 0.10% (whichever is greater) for all other buy and sell orders. US stocks: US$0 UK stocks: £0 ETF brokerage fees: AU ETFs: $0 brokerage for trades up to $1,000 (applied to the first buy order per ETF per day). $11 fee for trades up to $10,000. $15 fee for trades equal to or greater than $15,000. US ETFs: US$0 Options: ASX: $33/contract US: Not available Other markets available: Details here Inactivity fee: $0 Currency conversion fee: 0.60% of trade value
We’ve rated Webull as one of Australia’s best overall mobile trading apps, with high customer ratings, helpful trade tools and low fees for both ASX and US equities. We like that it has a recurring investment feature for passive investors along with useful tools for active traders, such as technical and probability analysis tools.
As well as being named the best overall trading apps in Australia, Webull also has the highest scores for auto-investing and day-trading at this year’s Finder Share Trading Awards.
Cheap brokerage ($0 for ETFs)
In-built news platform and educational resources
Allows you to trade fractional shares
Trade stocks from ASX, US and Hong Kong
Limited markets
Limited order types
Not the cheapest for ASX trades
Brokerage fee per trade: AU stocks: $0.0003 X trade value (min $1.00) US stocks: US$0.00025 X trade value (min $1.00) UK stocks: Not available Other markets available: Details here ETF brokerage fees: AU stocks: $0 US stocks: US$0 UK stocks: Not available Other markets available: Details here Options: ASX: Not available US: US$0.50 Inactivity fee: $0 Currency conversion fee: 50 bps of trade value
Interactive Brokers’s mobile app IBKR Mobile has one of the most impressive suites of trading tools on the market while still managing to keep its fees low. It charges $6 commission for ASX shares and as low as $1 for US stock trades, plus $0 brokerage for a selection of US ETFs. Where it really stands out is with its currency conversion fee of just 0.03%, by far the lowest on the market to date.
High customer ratings
Low trade fees on global trades
Portfolio tracking, live updates and company notifications
Extensive charting tools
Fee structure is relatively complex
May be overwhelming for new investors
No CHESS-sponsorship
Not the cheapest for ASX stocks
Brokerage fee per trade: AU stocks: $5 or 0.08% (whichever is greater) for trade values up to $3,000,000 US stocks: US$0.0035 cents per share capped at 1.0% of trade value UK stocks: £1.00 or 0.050% (whichever is greater) for trade values up to £40,000,000 Options: AU: $0.33/contract, min $1.10 US: US$0.25 - US$0.65/contract, min US$1.00 Inactivity fee: $0 Currency conversion fee: 0.20% (Flat US$2 for transactions below $10,000 or 0.2% for amounts above $10,000)
moomoo offers competitive brokerage across both ASX and US stocks and ETFs, as well as US options contract fees from US$0.50 per contract. It charges $3 per trade for ASX (Chess-sponsored) stocks and US$0.99 for US stocks.
Low brokerage fees
US options
CHESS-sponsored
Only ASX, US and Hong Kong markets available
Brokerage fees: AU stocks: $3 or 0.03% of transaction value (GST inclusive), whichever value is larger US stocks: US$0.99 UK stocks: Not available ETF brokerage fees: AU ETFs: $3 or 0.03% of transaction value (GST inclusive), whichever value is larger US ETFs: US$0.99 Options: ASX: Not available US: US$0.5 for fixed plan and US$0.35-$0.65 for tiered plan Inactivity fee: $0 Currency conversion fee: 55 pips or 0.0055 AUD/USD
Since August 2024, Tiger Brokers has become one of the most competitive brokers around for ASX and US trades, along with a range of additional features like free market data, trading tools and even an AI assistant. It charges $3 brokerage for ASX (Chess-sponsored trades) and US$2 per trade for US equities.
$3 brokerage on CHESS-sponsored ASX trades
US$2 brokerage on US trades
No inactivity fees
Only 3 markets available
Brokerage fees: AU stocks: $3 per trade up to $10,000, 0.03% of trade amount after that US stocks: US$2 for trades of up to 200 shares, US$0.01 per stock after that UK stocks: Not available Other markets available: Details here ETF brokerage fees: AU stocks: $3 per trade US stocks: US$2 UK stocks: Not available Other markets available: Details here Options: ASX: Not available US: Fixed Brokerage Plan • US$3 for up to 4 contracts • US$0.75 per contract for 5 or more contracts
Tiered Brokerage Plan (Monthly Contract Volume) • US$0.90 per contract for the first 50 contracts • US$0.75 per contract for the 51st–100th contract • US$0.55 per contract for the 101st–300th contract • US$0.50 per contract for the 301st–500th contract • US$0.45 per contract for the 501st–1,000th contract • US$0.40 per contract for the 1,001st–10,000th contract • US$0.35 per contract for the 10,001st–50,000th contract • US$0.25 per contract for the 50,001st–100,000th contract • US$0.15 per contract for 100,001 or more contracts Inactivity fee: $0 Currency conversion fee: 55 pips
Superhero allows you to trade US markets for US$2 brokerage and $2 for Australian markets. Key points are: You can start investing from $10, it offers US and ASX trading from $2 brokerage up to $20,000 and it has no monthly account-keeping or inactivity fees.
Low brokerage on ASX and US stocks
Lets you start trading from $10
$2 brokerage fees on ETF purchases
Only lets you trade the US and Australian markets
Few trading tools
Too basic for advanced traders
Brokerage fees: AU stocks: $2 for trades up to $20,000, 0.01% for trades over $20,000 US stocks: US$2 UK stocks: Not available ETF brokerage fees: AU ETFs: $2 for trades up to $20,000, 0.01% for trades over $20,000 US ETFs: US$2 Inactivity fee: $0 Currency conversion fee: 65 bps
IG gets a high score because it has low trade fees while still offering plenty of tools to keep you satisfied. As of mid 2025, it charges $0 commission fees when you trade Australian, US, UK, German and Irish equities, making it the cheapest platform for local and global trades at the time of writing. Plus, you can practice placing trades using IG’s demo account with 20K of virtual funds and you get extended trading hours on US stocks.
$0 brokerage for ASX stock trades
$0 brokerage for US and global stock trades
Low currency conversion fee
No inactivity fee
Appeals more to active traders than casual or new investors
Fewer global markets than some other brokers
Brokerage fee per trade: AU stocks: $0 US stocks: US$0 UK stocks: £0 Other markets available: Details here ETF brokerage fees: AU ETFs: $0 US ETFs: US$0 UK ETFs: £0 Other markets available: Details here Inactivity fee: $0 Currency conversion fee: 0.70% of trade value
Methodology: How do we rate Australia's cheapest brokers?
For more information about our methodology, head to our share trading platform ratings page. Bear in mind that the brokers displayed on this page may not always be best for you and we encourage you to do your own research.
Expert insight
"Fees play a critical role in determining an investment's long-term returns. High fees, like those associated with actively managed funds, will eat into an investor's profits and erode the value of their portfolio over time. Most investors should just focus on low-cost, passive investment strategies, such as index funds or ETFs, that offer broad market exposure at a fraction of the cost of actively managed funds."
We currently don't have that product, but here are others to consider:
How we picked these
Finder Score for share trading platforms
We've scored over 30 share trading platforms assessing them for their core features, fees, customer experience and accessibility. Our experts give each platform a score out of 10.
Important: The standard brokerage fee displayed is the trade cost for new customers to purchase $1,000 of either Australian or US shares. Where a platform charges different fees for both US and Australian shares we show the lower of the two. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.
What are brokerage fees?
A brokerage fee (also called commission) is what your stockbroker charges whenever you buy or sell a share.
Basically, you'll need to pay a specific amount to the broker in return for using its service.
This fee is based on the size or value of the trade. It could be a flat fee or an amount calculated as a percentage of the transaction value. The fee is charged both when you buy and sell a share.
Brokerage fees are one of the largest expenses associated with online share trading and can have a big impact on the affordability of your investments.
If you're a frequent trader and you're paying a brokerage fee of $30 every time you buy or sell a parcel of shares, this can quickly add up to a substantial amount and eat away at your trading profits.
That's why it's essential for anyone thinking of getting started in the share market to compare brokerage fees charged by online share trading platforms and shop around for the cheapest option.
Did you know?
You could save $1,046 a year on average in brokerage fees by switching to a more suitable online broker, according to Finder research. You might even save money by having more than one platform, especially if you are investing both in Australia and internationally.
How much will you need to pay for stock brokerage?
Brokerage fees are far from identical from one provider to the next, so comparing fees is important.
Brokerage can range from $0 to around $60 per trade for online share trading platforms.
Full-service brokers such as Morgans or Morgan Stanley start fees at around $80 per trade, usually charged as a percentage of the amount being traded.
Some providers have simple fee structures and others have quite complex arrangements. Brokers calculate fees using the size or value of the trade, how often you trade and in which country the stocks are listed.
Different brokerage fees often apply to phone trades and other unique trading options, so it's worth reading the fine print to find out how much extra it will cost every time you make a trade.
Free trading platforms in Australia*
While share trading platforms haven't reached the lows of some other countries, there is an emergence of "free" brokerage offers in Australia. However, although you don't need to pay a commission, this doesn't mean they're free.
Instead, you're typically charged a foreign exchange fee (global stocks only) to convert Australian dollars to the required global currency. Other fees you could be charged include account maintenance fees, account top-up fees, inactivity fees or fees to trade other types of products on the platform.
Here's our list of "free" trading platforms at the time of writing:
*Free in this case refers to brokerage or commission fees (T&Cs apply).
Trading platform deals for Nov 2025 (T&Cs apply)
Platform
Deal information
End date
Moomoo
Sign up to be a Finder member for free to get a $100 Reward when you create a Moomoo account, deposit at least $1,000 and execute 1 buy order within 30 days. T&Cs and limits apply.
Finder exclusive: Deposit any amount and receive $20 to trade in Tiger Brokers. Plus 4x zero brokerage trades and no FX fees on the first $2,000 you exchange every month. T&Cs apply.
Finder exclusive: Sign up with code ‘finder24’ and get US$10 of Nvidia stock when you fund your account with $100 or more within 30 days. T&Cs apply.
Ongoing
Syfe
Finder exclusive: All Finder customers get a $60 cash credit when they sign up to Syfe, deposit minimum $1,000 and use code FINDER60 (T&Cs apply).
Ongoing
nabtrade
Sign up with a nabtrade account using the promo code PROF1000 and get up to $1,000 in free brokerage.
Ongoing
Stake
Refer a friend to Stake and get $1 off your brokerage fees for 12 months. Refer 3 friends and pay $0 brokerage fees.
Ongoing
Totality Options Trading
Refer a friend to Totality and receive up to $500 in rewards. If you reward a customer who initially funds between $3,000 and 300,000 you will get $100, if they fund their account with $300,000 to 1.5 million you’ll get $200 and if they deposit $1.5 million or more you’ll get $500.
Ongoing
Tips for finding the cheapest share trading platform
If you're looking to find the cheapest share trading platform there are a few things you'll need to consider. Of course, it all comes down to how you're intending to use it.
Here are some of the key features to look at when comparing online share trading platforms:
Fees. Almost every platform will charge you a brokerage fee (also called a commission fee) when you transact. Generally, the lower the fee if it fits your needs the better.
Other fees. Some will also charge you additional fees such as monthly fees or inactivity fees. To see more about fees click here.
What can you trade? There's no point saving on fees if you're missing out on investing where you want. Some trading platforms will let you invest in multiple countries, others just Australia. There are also trade currencies, indices, cryptocurrencies and much more to consider. Find a broker that matches your needs.
Ease of use. Again saving money isn't useful if the app is difficult to use. You should look for a platform that allows you to make fast and precise trades with minimum fuss.
Access to data. Does the platform offer dynamic, real-time or delayed market updates? Some platforms offer research and broker analysis on individual stocks that can come in handy.
Order types. Can you place orders at market and/or at limit? Are other order types such as stop/loss orders an option to add more flexibility to your trading? These should be considered when choosing a broker.
Reporting. Check the reporting tools on each platform to help you track how your trades are performing, record dividends and pass on any relevant information to the Australian Taxation Office (ATO) at tax time.
Customer support. Look for phone, email and live online chat support. Does it offer customer service 24/7 if you're having trouble placing a trade?
Education. Some platforms also feature a range of educational tools and resources, such as how-to guides and webinars, to help you get more out of your trading account. If you haven't got access to the education you need through your broker it can become an additional cost, so keep that in mind.
5:33
Frequently asked questions
If you're trading under $1,000 then CMC Invest is your cheapest CHESS-sponsored ASX broker in Australia with a $0 brokerage deal.
For larger trades, Tiger Brokers charge $3 on all ASX trades, while moomoo and Stake charge $3. All 3 are also CHESS-sponsored brokers. eToro charges US$2, but does not offer CHESS-sponsored shares.
The answer continues to get a little more complicated if you're investing in ETFs or overseas.
If you're an ETF investor exclusively, the likes of CMC Invest, Webull, IG and Vanguard will let you purchase ETFs on a zero dollar commission.
There are also a host of free (zero commission) brokers for US market trades. These include IG, CMC Invest and Webull who all offer the cheapest brokerage.
According to the most recent Finder Share Trading Awards, CMC Invest is the best overall broker in Australia.
CMC Invest took out our award due to its strong research tools, long list of product choices and low brokerage fees that will suit most types of investors.
Although it is important to point out there's no one absolute overall best broker. You should find a broker that matches your personal needs.
Yes, some brokers let you start trading in Australia for $1 but they use a custodial model, meaning the shares are in the broker's name. These are usually as part of a fractional share.
If you want to buy Australian shares in your own name through CHESS sponsorship then you will need to invest $500 minimum.
You can buy shares listed overseas from $1 with certain brokers such as Revolut, Interactive Brokers and Douugh. Again, this means you may only own a fraction of a share.
There's nothing wrong with having multiple brokerage accounts, especially if you're taking advantage of different fees and services.
Brokers will often come to market with their own specialisation. If you're looking to trade in multiple countries and across different products you can potentially save in fees through this. For example you could purchase free ETFs with Pearler and get access to free brokerage in the US markets with IG.
You can also save on commissions, margins, advanced trading strategies and get better research tools if you have multiple brokers.
Having more than one broker could also work for those with multiple investing goals. You can have an account for example if you're looking to invest for your kids and another for retirement.
Finally it can allow you to take advantage of specials offered by a broker. Brokers often compete for business, meaning they will reduce fees or have special offers.
Of course the downside of multiple brokers is it can be more confusing. Especially the tax implications on trading through each of the brokers. So it is important to keep track of each.
Fees on trading platforms differ greatly. When it comes to the ASX you're usually looking at somewhere between $5 and $19.95 per trade depending on who you sign up with.
If you're looking to buy US or global stocks, brokerage ranges from $0 to $60 per trade, depending on the broker.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options, digital asset or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs, cryptocurrency and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.
Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments. See full bio
Kylie's expertise
Kylie has written 206 Finder guides across topics including:
Tom Stelzer is a journalist with 6 years of experience covering personal finance, specialising in investment and cryptocurrency. With a Master of Media Arts and Production and a Bachelor of Communications in Journalism from the University of Technology Sydney, Tom provides expert analysis on digital assets and market trends, helping readers navigate the fast-evolving world of finance. See full bio
Do they all charge brokerage on sell orders? If so, should that be included? I’ve found some of them charge a lot more than the buy brokerage to sell a security?
Finder
KylieMarch 26, 2025Finder
Hi Greg,
Yes typically online trading platforms charge brokerage on sell orders – although this is usually the same cost as the brokerage fee to ‘buy’ equities. CMC Invest is one unusual case where it offers $0 brokerage on ASX buy orders (up to $1,000), but charges a fee ($11+) on sell orders. You make a great point though that if this fee is different, we should be highlighting that. We’ll look to review our products and update this where needed.
Thanks
CateJuly 11, 2023
I’m trying to compare ways/costs of selling deceased estate shares, is this something you have looked into ?
Finder
KylieJuly 14, 2023Finder
Hi Cate,
Selling inherited shares can be complicated and depending on the circumstances you may want to speak to a financial advisor. However, if you’re looking for some general information, you can read our guide to selling shares: https://www.finder.com.au/share-trading/how-to-sell-shares. In most circumstances, the shares will be registered with a share registry such as Computershare and you can contact them to discuss the sale or transfer of your shares to another broker. You can check which registry by searching for the stock on the ASX website and scrolling down to the ‘Share registry’ section.
Good luck.
DaveJuly 10, 2019
Your info on IG about fees is slightly incorrect. You quote 0 monthly fees however you should also advise potential customers that IG now charge $50 a quarter if you make no trades.
Finder
JoshuaJuly 11, 2019Finder
Hi Dave,
Thanks for getting in touch with Finder.
I’m sorry to hear about your experience with IG. Upon checking, I have confirmed that there’s a $50 subscription fee that you need to pay quarterly depending on your trading activity during the same quarter.
However, you can easily be exempted from the charge, if you do deal at least three times using your share trading or CFD accounts during the same quarter. Alternatively, if you hold no open positions in your share trading account at the end of the quarter, then you won’t get charged as well.
You may know more about IG by getting in touch with them or reviewing your terms and conditions.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
ThereseFebruary 7, 2019
Can I start in share market with a small budget of AU$10000 and which broker would accept me?
Finder
JoshuaFebruary 17, 2019Finder
Hi Therese,
Thanks for getting in touch with Finder. I hope all is well with you. :)
Yes, you can start trading with that budget. In most cases, you only need about $500 to start share trading.
Regarding your second question, the right broker for you is the one that meets your preferences, needs, and budget. You can choose a broker based on your trading knowledge and experience, the markets you can access, the fees involved, trading sources, and customer service. You can learn more about this from our guide to open a share trading account. On that page, you will how to open a share trading account and other helpful tips. It’s a good guide to read for beginners.
I hope this helps. Should you have further questions, please don’t hesitate to reach out again.
Have a wonderful day!
Cheers,
Joshua
JimiAugust 28, 2018
As a small investor with an vestment less than (10k) ,What is the cheapest platform to buy stock and hold them for 3 years?
Most platform overhear will have a quarterly $50 dollar inactivity fee , in addition to the Broker fee ( IG is one example )!
Finder
JoshuaAugust 29, 2018Finder
Hi Jimi,
Thanks for getting in touch with finder. I hope all is well with you. :)
Generally, most share trading platforms come with inactivity fees. This encourages users to stay actively using their account or motivate them to close their account instead of taking up the platform’s resources.
While we don’t have a page that specifically lists share trading platforms that don’t charge inactivity, you may still check our list on this page. You will find inexpensive stock trading platforms that might be able to meet your needs. Click on the “Go to site” green button of your desired provider and it should redirect you to their site. From there, you can know more about whether they charge inactivity or not.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
$1,000 is a great place to start investing – these are your options.
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Do they all charge brokerage on sell orders? If so, should that be included? I’ve found some of them charge a lot more than the buy brokerage to sell a security?
Hi Greg,
Yes typically online trading platforms charge brokerage on sell orders – although this is usually the same cost as the brokerage fee to ‘buy’ equities. CMC Invest is one unusual case where it offers $0 brokerage on ASX buy orders (up to $1,000), but charges a fee ($11+) on sell orders. You make a great point though that if this fee is different, we should be highlighting that. We’ll look to review our products and update this where needed.
Thanks
I’m trying to compare ways/costs of selling deceased estate shares, is this something you have looked into ?
Hi Cate,
Selling inherited shares can be complicated and depending on the circumstances you may want to speak to a financial advisor. However, if you’re looking for some general information, you can read our guide to selling shares: https://www.finder.com.au/share-trading/how-to-sell-shares. In most circumstances, the shares will be registered with a share registry such as Computershare and you can contact them to discuss the sale or transfer of your shares to another broker. You can check which registry by searching for the stock on the ASX website and scrolling down to the ‘Share registry’ section.
Good luck.
Your info on IG about fees is slightly incorrect. You quote 0 monthly fees however you should also advise potential customers that IG now charge $50 a quarter if you make no trades.
Hi Dave,
Thanks for getting in touch with Finder.
I’m sorry to hear about your experience with IG. Upon checking, I have confirmed that there’s a $50 subscription fee that you need to pay quarterly depending on your trading activity during the same quarter.
However, you can easily be exempted from the charge, if you do deal at least three times using your share trading or CFD accounts during the same quarter. Alternatively, if you hold no open positions in your share trading account at the end of the quarter, then you won’t get charged as well.
You may know more about IG by getting in touch with them or reviewing your terms and conditions.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
Can I start in share market with a small budget of AU$10000 and which broker would accept me?
Hi Therese,
Thanks for getting in touch with Finder. I hope all is well with you. :)
Yes, you can start trading with that budget. In most cases, you only need about $500 to start share trading.
Regarding your second question, the right broker for you is the one that meets your preferences, needs, and budget. You can choose a broker based on your trading knowledge and experience, the markets you can access, the fees involved, trading sources, and customer service. You can learn more about this from our guide to open a share trading account. On that page, you will how to open a share trading account and other helpful tips. It’s a good guide to read for beginners.
I hope this helps. Should you have further questions, please don’t hesitate to reach out again.
Have a wonderful day!
Cheers,
Joshua
As a small investor with an vestment less than (10k) ,What is the cheapest platform to buy stock and hold them for 3 years?
Most platform overhear will have a quarterly $50 dollar inactivity fee , in addition to the Broker fee ( IG is one example )!
Hi Jimi,
Thanks for getting in touch with finder. I hope all is well with you. :)
Generally, most share trading platforms come with inactivity fees. This encourages users to stay actively using their account or motivate them to close their account instead of taking up the platform’s resources.
While we don’t have a page that specifically lists share trading platforms that don’t charge inactivity, you may still check our list on this page. You will find inexpensive stock trading platforms that might be able to meet your needs. Click on the “Go to site” green button of your desired provider and it should redirect you to their site. From there, you can know more about whether they charge inactivity or not.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua