StudentSavings
The number of investing apps available in Australia is increasing every month. There are now options for every Australian no matter if you’re just starting out with $5 or looking to grow your wealth.
I like to test out most investing apps in Australia and these are the ones that I’ve found to be the most exciting in 2021. I’ll be keeping this page updated with all the latest apps that become available in Australia over the coming year.
Shopback is a cashback site for online shopping. Basically if you click-through to an online shopping site using Shopback, they’ll give you anywhere from 0.1%-15% cashback on your purchases. If you are thinking of joining Shopback, here is how you can get $5 free using a promo code.
Here is how to get a bonus $5 when you signup to Shopback
You don’t need to signup and go shopping right away. Just remember to use Shopback the next time you’re buying something online.
Update – Here is the latest spaceship referral code for May 2021. The current bonus will give you $5 for free!
I’ve been using the Spaceship Voyager app for the past couple of years. It’s one of my favourite investment products. They are currently running a promo where you get $10 free when you sign up to use the app and enter the spaceship referral code: S8IHEFDYYE . It’s a great way to start your saving and investing journey. Read on to find out how to get the bonus:
Spaceship Voyager is a new way to save and invest money. You can start investing with as little as $5 and then setup either scheduled investments of invest one off lump sums. Your money gets invested in a diverse portfolio of stocks. You can choose one of three portfolios – one is made up of the companies Spaceship thinks will be important in the future. The second is the “earth” portfolio made up of sustainable companies. And the third is an index portfolio made up of 200 of the worlds largest companies.
Update: I’ve updated this post with the latest referral code for Raiz in 2021.
Looking to sign up to the micro-investing app Raiz? Before you do, make sure you take advantage of this raiz invite code (V9FYBD).
You’ll get a little extra cash invested into your account. While it may not seem like a huge amount, every little bit adds up – and besides, who doesn’t like free money!
Commsec is one of the most popular share trading platforms in Australia. But is it really the best option? Commsec can be an expensive way to trade. I think there are better commsec alternatives available. Here are some of the platforms that I use and recommend as good alternatives for trading shares in Australia:
Stake (hellostake.com) is a share trading platform for Australians. Using Stake you can buy U.S stocks without any commissions! I’ve been testing it out, and think it’s a great way to buy stocks in the U.S.
Before signing up make sure you enter this referral code: anthonyf346 to get a bonus stock.
Here is my Australian guide to investing in eToro for the long term. On eToro you can buy shares and ETFs and hold them for the long term without paying any commissions.
eToro can be used both as a short term trading platform (to profit off the movement of trades over a day) or for long term investing (growing your wealth over time). Day trading is complex and difficult. It’s not for most people. If you’re looking for long term gains on eToro, then here is a potential strategy for inspiration. Remember this isn’t investment advice – always do your own research.
You can check out my eToro portfolio performance for 2020 here. I’ve always put together a complete guide to eToro here.
eToro has announced plans to become a public company via an SPAC. eToro will be merging with Fintech Acquisition Corp V and is expected to have an estimated implied equity value of $10.4 billion.
I’ve been an eToro customer for the past few years and have used the platform to invest in US shares and trade via copy trading. I’m excited to see this next chapter for eToro.
Did you know you can earn interest on your cryptocurrency!? BlockFi is one of the most popular and trusted platforms for earning interest on crypto and pays unto 9.3% per annum.
Before signing up, make sure you use this Blockfi referral code to get a bonus $10 In your account – absolutely free!
eToro is a trading platform that is available in Australia. You can trade stocks, currencies, cryptocurrencies, commodities and ETFs. But is it a good option for investing and trading? We break down the pros and cons.
eToro is an online trading platform. You can buy and sell shares (both real shares and CFDs), forex (currency like the AUD), cryptos (like bitcoin) and commodities (such as Gold and Oil). It’s also a “copy trading platform”. This means you can copy trades made by more experienced traders. Whenever they make a trade, your account also makes a trade.
I currently use eToro to invest in a portfolio of tech companies.
