Buying shares in Australia is still pretty expensive compared to similar platforms in the US. For example, those in the US can trade using Robinhood (a popular platform) and pay zero commissions!
Thankfully we’re starting to see some more competition in Australia. As a result, the price of buying and selling shares is starting to come down.
Here are the cheapest share trading platforms in Australia:
Are you looking to start investing? Here are the best investing apps for beginners that are available in Australia.
All of these apps let you start investing with a small amount of capital. And many of them have automated portfolios, so you don’t need to be a stock expert (or have any financial expertise) to get started.
Do you want to start investing but don’t have a huge amount of money? The good news is you don’t need to be rich to start investing. In fact you can even start investing with as little as $5.
So why invest? When you invest, you’re putting your money into vehicles that have a potential to generate returns and grow your wealth.
While 2020 is not quite over, I thought I would share an update on how my eToro performance has been going. 2020 has been a crazy year. We had a massive market crash earlier on this year due to Coronavirus. We’ve also had more volatility with Brexit and the US election. Luckily my eToro portfolio has so far managed a really good return and it’s been my best year yet…
Every day I use products from Apple, Google, Netflix etc. So it would make sense that I’d want to invest in them. Many of these shares are listed on US exchanges.
Until recently, investing in US shares was expensive with most brokers charging more than $20 per trade in commissions. But thankfully there are some new brokers available to Australians which don’t charge any commissions at all!
Here are the best ways to invest in US shares from Australia:
I’ve been using eToro for the last 5+ years for Copy Trading. What is Copy Trading? It’s where you automatically copy trades made by more experienced traders. It’s a great way to learn more about trading as well as tapping into the knowledge and experience of some of the world’s best investors.
Here is my guide on how to get started with eToro copy trading
I’ve been using Spaceship Voyager for the last few years. Spaceship is an app for investing in a broad portfolio of stocks. But how does it compare to other micro-investing apps and is it worth investing in? Here are my experiences with the app.
Here are some of the best investing apps that I’ve tried in 2020. I expect we will continue to see more and more innovate fintech apps launch throughout the year, and I’ll keep this post updated.
