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.
On Commsec you can trade shares like Apple, Netflix, Tesla etc that are listed on U.S stock exchanges. But while it may sound cool to dive in and start buying these shares, there are fees you need to be aware of. I’m going to break down the different Commsec fees that are charged and compare them to other brokers so you can get the best deal for buying U.S listed shares.
Are you looking to start building a portfolio of stocks but have been put off by the high commissions or fees charged by some platforms? Well thanks to some new platforms in Australia, it’s now possible to buy stocks and not pay any commissions. Here are the platforms that I’ve tried and found to work well:
