Micro-investing apps are a type of trading platform designed to make investing more accessible for beginners.
With features like auto-investing, fractional shares, round-ups and more, micro-investing is suitable for anyone looking for a convenient and affordable way to start building an investment portfolio.
The best micro investing apps in Australia
These are the best trading apps for micro-investing in 2025:
How we picked these apps This list is based on the results of the most recent Finder Share Trading Platform Awards, which involves analysis of 105 features and 4,000+ data points across 40 trading platforms and uses Finder's proprietary algorithm. Learn more about our methodology here.
While other trading platforms and brokers offer low-fee investing options, we're focusing on platforms that are specifically designed around making small investments ($50 or less) and aimed at beginner or hands-off investors.
You can read our guide to the best share trading platforms if you're looking for a fully-featured investing app.
Tiger was our highest rated trading platform for micro-investing because it has low fees, you can invest from as little as a few cents into stocks and ETFs and it has an auto-invest feature that let's you set up recurring trades. Its easy to use mobile app also makes it great for new or casual investors that want to buy Australian (CHESS-sponsored) and US shares.
Invest in US, Australian and Hong-Kong shares
You can invest from a few cents into US equities
Auto-invest feature lets you set recurring trades
Australian shares are CHESS-sponsored
Low trading fees
You can only auto-invest into US equities
Minimum trade size for Australian equities is $500
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
Webull is a great all-round trading platform that also lets you purchase US shares from as little a few cents at a time and pay $0 brokerage for ETF purchase orders. Like Tiger Brokers, you can set recurring trades and it also offers Australian (CHESS-sponsored) equities, though you'll need a minimum $500 to invest. While Webull should appeal to most investor types, total beginners may be a little overwhelmed.
No minimum investment for US equities
Auto-invest feature
No brokerage fees for ETF purchases
Australian CHESS-sponsored equities available
May be overwhelming for new investors
Minimum $500 investment for Australian equities
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
3. Raiz (Most recommended app - Finder Customer Satisfaction Awards)
Raiz is an investing app that rounds up the spare change from your daily purchases and invests the excess into one of several investment portfolios. There are 9 different portfolios to choose from based on your appetite for risk and it lets you set up recurring payments or make lump sum instalments. Depending on which portfolio you select, you'll need to pay a monthly maintenance fee of between $5.50 - $6.50. Balances of $26,000 and above attract a monthly fee equal to 0.275% of your balance.
Rounds up spare change from purchases to invest
Offers portfolios of ETFs, stocks, property and cryptocurrencies
Invest via Raiz's portfolios or buy stocks directly
Offers shopping rewards via the app
Easy to use app
You can only directly buy a limited number of stocks
Monthly subscription fee on the higher side if you have a small portfolio
Brokerage fee per trade: AU stocks: $0 US stocks: Not available UK stocks: Not available Other markets available: Details here ETF brokerage fees: AU stocks: $0 US stocks: Not available UK stocks: Not available Other markets available: Details here Options: ASX: Not available US: Not available Inactivity fee: $0.
Easy Equities is not as well known here as some of the other platforms but we like that it has low fees, no minimum trade size and an auto-invest feature. Plus, you can invest in European stocks and ETFs, alongside Australian and US markets, a rare feature of low-cost investing platforms.
Invest from a few cents
Auto-investment feature
Access Australian, US or EU shares and ETFs
Low fees
No CHESS-sponsored shares
No live chat
Minimal features
Brokerage fees AU stocks: 0.10% of the trade size US stock: 0.25% of the trade size Inactivity fee: $0 Currency conversion fee: 2.50%
Pearler goes beyond traditional share trading and into micro-investing through its Micro platform. Like Raiz, Pearler lets you round up your spare change and invest into ready made (or self directed) ETF portfolios. Pearler charges $2 per month to use their micro-invest platform.
Easy to use mobile app
Choose to micro-invest or buy shares directly
Low monthly fee and no brokerage to micro-invest
Invest in ASX or US equities
Brokerage fee to directly buy shares higher than others
You can't micro-invest directly into ASX shares
Brokerage fees AU stocks: $6.50 US stocks: US$6.50 Subscription to Pearler Micro – $2 / month Inactivity fee: $0 Currency conversion fee: 0.50% of trade value
Sharesies lets you invest in a variety of Australian, New Zealand and US stocks and ETFs with no minimum investment amount. It also offers flexible tiered pricing plans for those looking to make regular investments, or a flat pay-as-you-go rate for individual trades. You can also set up auto-investing and round-ups to automatically invest your spare change into your portfolio.
Trade fractional Australian, US and NZ stocks
Flexible pricing plans
No minimum investment amounts
Pricing might not be most competitive depending on how often you invest
Brokerage fees Sharesies offers 2 fee structures to choose from - ‘pay as you go’ and ‘monthly’ plans.
Pay as you go: 1.9% transaction fee on investments, capped. Aussie Shares: $6 AUD per transaction US Shares: US$5 per transaction NZ shares: NS$25
Monthly Plans: $5/month: Covers up to $500 orders with fees included. $10/month: Covers up to $1,000 orders with fees included. $20/month: Covers up to $3,000 orders with fees included.
Other markets: Details here Inactivity fee: $0 Currency conversion fee: 0.60% of trade value
Douugh lets you buy US stocks from as little as $1, with competitive monthly pricing plans (and no fees if you make no trades that month). You can also invest in Bitcoin and a handful of pre-built investing portfolios. Douugh also offers a novel 'Stockback' option that lets you earn 7% cashback using your Douugh card which is then invested for you once you reach $10 in rewards.
Trade US stocks from US$1
Low cost pricing plan
Auto-investing
Only offers US stocks
Brokerage fee per trade: AU stocks: Not available US stocks: $4.99/28 days with unlimited trades ($0 if you make no trades) UK stocks: Not available Inactivity fee: $0 Currency conversion fee: 0.99% of trade value
Other micro investing apps to consider
This is a list of the other leading micro investing apps available in Australia:
Spaceship Voyager is a robo-advice platform that lets you transfer small amounts into an investment portfolio without the need to pay for a financial adviser.
There are 5 portfolios to choose from – Spaceship Earth, Universe and Origin, Explorer and Galaxy – with all 5 investing your funds into a mix of Australian shares, global shares and cash.
You can set up regular top-ups each week, fortnight or month, plus there are no contribution, brokerage, withdrawal or exit fees charged on your portfolios.
There is a 0.15-0.50% management fee on each portfolio, as well as a $2-3 a month fee on portfolios with a balance of $100 or more.
You can also invest in individual US stocks and ETFs from as little as $10 through Spaceship.
CommSec Pocket
CommSec Pocket is CommSec's answer to micro-investing apps and does away with the higher fees and high minimum trades associated with the regular CommSec platform.
With CommSec Pocket, you can invest as little as $50 at a time into an ETF of your choice with a brokerage fee of just $2.
There are 10 pre-built ETFs you can invest in, themed around sectors like Australian companies, emerging markets and tech stocks.
Like other micro investing apps, you can either set it to make regular monthly or fortnightly payments, or you can make one-off payments as you like.
Brokerage. AUD$6.50 flat fee per transaction to buy or sell AUD and US shares.
Subscription to Pearler Micro – $2.00 a month to invest in 1 fund, $2.30 if you invest in multiple (on balances over $100).
$5
Invest directly in over 2,000 ASX and 4,000 US shares. For its micro-investing product, choose from 10 different ETFs.
Doough
Subscription. $3.99 every 28 days for portfolio investing (on balances above $50) or $5.99 for share trading.
$1
Invest in 6 pre-built portfolios, or buy shares directly, including fractional shares and autopilot investing.
Fractional share trading apps
Fractional share trading apps don't fall under the traditional banner of "micro-investment", but they do allow you to invest as little as a few dollars at a time into stocks (depending on the platform you use).
Fractional share trading is where you invest in fractions of shares rather than whole shares. For instance, instead of buying a single Facebook stock for $260, you could buy one-tenth of a stock for $26 or even one-hundredth of a stock for $2.60.
While it's a popular trading feature in the US, only a few share trading apps offer the service in Australia.
Among online brokers that offer fractional share trading are eToro (minimum $10), Stake (minimum $10), Interactive Brokers (no minimum) and Douugh ($1 minimum).
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: Share trading can be financially risky and the value of your investment can go down as well as up. “Standard brokerage” fee is the cost to trade $1,000 or less of ASX-listed shares and ETFs without any qualifications or special eligibility. If ASX shares aren’t available, the fee shown is for US shares. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.
Finder survey: What features matter most to Australians when choosing a robo-advisor or micro-investment app?
Response
Easy to use app
67.14%
Auto-investing
51.43%
Available markets (e.g. Australian or US stocks or ETFs)
34.29%
Spare change round ups
32.86%
Good range of available products or portfolios
21.43%
Risk profiling
20%
Ethical options
12.86%
Security and regulation
11.43%
Budgeting or savings tools
10%
Real advice
10%
Other
2.86%
None of the above
1.43%
Source: Finder survey by Pure Profile of 1145 Australians, December 2023
Micro investing fees
Be aware that there are costs to micro-investing which may eat into what you're saving or getting back in returns. It's important to double-check fees with the performance of the app's chosen investment portfolio. For example, if you're only investing $5 per month, the total fees are $2.50 per month and the returns are less than 1% per month, you might be better off sticking to a savings account.
The fees. There is any number of fees that a micro-investment app may charge. Some of the most common include:
Brokerage fees. The cost each time you invest or make a transaction.
Subscription or management fees. An ongoing monthly or yearly fee to keep the account open.
Other fees. Additional costs may include cancellation fees, withdrawal fees, transaction fees and account opening fees.
That said, you don't need to be a millennial to take advantage of the benefits of micro-investing. Anyone who thinks they might benefit from the convenience of an automatic investment plan should consider the benefits of this approach.
Expert insight: Why try micro-investing?
"Micro-investing is one way to start out and dip your toe into the world of investing. By allowing you to invest small amounts of money, it lowers the barrier to entry, making investing accessible even if you have limited funds."
Demetria Chelepy
Sharesies operating director
Benefits of micro-investing
It's easy
It's quick and simple to set up an account with a micro-investing platform and link it to your bank accounts. It then acts like a sort of electronic piggy bank for your spare change.
It's convenient
Micro-investing requires minimal input on your part. Because the entire process is automated, you can start building an investment balance without even realising it.
You can start a savings habit
By getting into micro-investing from a young age, you can create positive saving habits that will last a lifetime. It's an effective way for Australians who have never invested their money before to make a start.
Minimal investment required
You don't need a huge bank balance to take advantage of a micro-investing platform. You can start by investing your small change and then watch your balance grow.
Choose from diversified portfolios
The money in your investment fund can be balanced in a diversified ETF portfolio based on your financial goals and your appetite for risk. You don't need to be an investment expert or have specialised financial knowledge.
What are the risks of micro-investing?
No guarantee of returns
Like any investment strategy, there's no guarantee that the investment portfolio that you choose will perform as you hope. In fact, if the investors behind the app lose money, then your balance will fall. This is why it is important to align your goals and objectives with your risk tolerance.
Fee for service
It's worth noting that these platforms aren't free. You'll pay a management fee. This will either be a flat fee or calculated based on the percentage in your account. These fees may also differ depending on your account balance, so it's key to monitor your account regularly to make sure the fee structure continues to work in your favour.
Easy to set and forget your account
Many investors choose to micro-invest because it's easy to set and forget. This can be a good thing in a bull market as it stops you from trying to overly manage and gets rid of the temptation to overtrade. It also runs the risk that the investor doesn't regularly review the performance of the fund. As such, you could underperform your own expectations while still paying for a service that isn't living up to your expectations.
Is micro-investing right for me?
Micro-investing platforms can be a good option for those who are completely new to investing and want to get started as easily as possible. With a range of accessible features and low minimum investment requirements, they can be a great way to get into the habit of investing.
However, the ongoing fees of many micro-investing apps mean they're probably not the most cost-effective over the long term. While the monthly fees may seem relatively low, they can quickly add up over time and mean you have less money to actually invest.
Once you're more familiar with the process, it's probably worth moving to a low-cost share trading platform that gives you more investing options and flat fees that don't eat into your investments.
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.
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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.
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