A guide to stockbrokers in Perth

If you're looking to buy shares from Perth, there are a few options available to you.

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If you're looking to invest in the stock market from Perth, you have 2 main options available to you. You can buy stocks with a full-service stockbroker or go through an online broker.

A full-service stockbroker does all the trading for you and may give you financial advice. You can phone or email your personal stockbroker and they'll buy or sell stocks upon your request. Firms that offer full-service broker services include Morgans, Goldman Sachs and Morgan Stanley.

With an online broker or share trading platform you do all the trading yourself. This means you could do it from any city or country, so long as you have an Internet connection. Because it's much cheaper than using a full-service broker, this option is better if you're only planning to invest small amounts.

Stockbrokers located in Perth

If you prefer speaking face-to-face with a stockbroker, it may be best to sign up with a broker in your city. According to the Yellow Pages, there are more than 20 brokers located in Perth. You can compare some of the most popular ones in the table below:

NameAddress
Amscot Discount StockbrokingPerth WA 6000
ArgonautLevel 30 Allendale Square, 77 St Georges Tce, Perth WA 6000
Bell Potter Securities LimitedLevel 37 Exchange Tower, 2 The Esplanade, Perth WA 6000
Blackswan EquitiesLevel 18 Alluvion, 58 Mounts Bay Rd, Perth WA 6000
CPS Capital GroupLevel 45, 108 St Georges Tce, Perth WA 6000
Cunningham SecuritiesLevel 45, 108 St Georges Tce, Perth WA 6000
Euroz Securities LimitedLevel 18 Alluvion, 58 Mounts Bay Rd, Perth WA 6000
Indian Ocean CapitalPerth WA 6000
KOSECPerth WA 6000
Morgans Financial LimitedLevel 20, 140 St Georges Tce, Perth WA 6000
Sanford Securities LimitedLevel 7, 141 St Georges Tce, Perth WA 6000
Sentinel Financial Group Pty LtdLevel 21, 221 St Georges Tce, Perth WA 6000

Online brokers

The online brokers in the table below allow you to buy and sell shares from your computer or smartphone from anywhere in Australia.

If you're not sure if this is the right choice for you, you can sign up to any of these platforms for free and take a look around before deciding. It's not uncommon for someone to have both a full-service broker and an online broker for smaller trades.

Name Product Standard brokerage fee Inactivity fee Markets International
eToro (global stocks)
US$0
US$10 per month if there’s been no login for 12 months
Global shares, US shares, ETFs
Yes
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
$8
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
Yes
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
$5
No
ASX shares, US shares
Yes
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
$8
No
ASX shares
No
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets before 31 December 2021(T&Cs apply). $8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
No
Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until 31 Dec 2021, when you join Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Yes
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
$10
$0 for ASX shares, US$25 for global
ASX shares, Global shares, Options trading, ETFs
Yes
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
CMC Markets Invest
$11
No
ASX shares, Global shares, mFunds, ETFs
Yes
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
SelfWealth (Basic account)
$9.5
No
ASX shares, US shares
Yes
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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Compare up to 4 providers

Important: Share trading can be financially risky and the value of your investment can go down as well as up. Standard brokerage is the cost to purchase $1,000 or less of equities without any qualifications or special eligibility. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

Why use a local stockbroker?

Although online brokers are cheaper, there are some good reasons you may prefer to use a local full-service broker. Customers that may be better suited to a full-service broker include:

  • People looking to get financial advice catered to their personal circumstances
  • Self managed super fund (SMSF) holders who may require extra assistance managing their portfolio
  • People wanting to invest large amounts
  • Those wanting financial planning or accountancy services
  • Those making the move into retirement that require advice on their superannuation
  • People with large or complicated investment portfolios

How to compare Perth stockbrokers

If you're looking for a local stockbroker, there are a few things you should consider before signing up:

  • Fees: These include the costs of placing an investment order, such as brokerage fees and any annual or monthly account fees.
  • Services: These differ between stockbrokers. Depending on what you need, check whether they offer personal advice, financial planning and accounting.
  • Customer care: How will you communicate with your broker? Can you phone them regularly for advice or will it take a few days to get back to you? Check if they offer phone, email or in-person services.
  • Products: Check what investment or trading options they offer, such as stocks, bonds, warrants, options, forex and commodities.

Whether you go with a local stockbroker or an online broker comes down to how much you'll be investing and what services you need. Some people choose to use both – a broker for small trades and a full-service broker to manage their larger portfolio.

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