Proudly in their sixth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians.
Now well established in the banking and general insurance space, in 2019 the Mozo Experts turned their attention to finding the best value platforms for online share trading. Only the top 10% of winners in each category received the Mozo experts’ seal of approval.
“If you’re trading in shares, you want a platform that’s low on brokerage costs and packed full of useful features. But with so many out there, finding the right online share trading platform can be stressful.”
“The winners of the Mozo Experts’ Choice Awards for Online Share Trading are a great starting guide to finding the ideal platform that meets your needs.” said Mozo money expert, Peter Marshall.
For details on how we crunched the numbers and determined the award winners see our methodology report or get more info about our judging criteria and read our FAQs.
If you trade infrequently, you’ll want to make sure your potential earnings aren’t getting eaten up by hefty brokerage fees. Our experts found the best value options for traders who don’t make many trades per month, or deal mostly in smaller amounts.
This category awards the best options for those who trade regularly, but not so much that they’d consider themselves professionals. Our panel of experts considered both the brokerage costs and the functionality available; such as live price data, market depth data, independent broker reports and SMS alerts.
If you’re the type that lives and breathes shares, you’ll want a feature-rich platform that lets you stay on top of the market and take advantage of opportunities as they arise. So, when picking the winner in the Active Trader category, our experts put more stock in the range of features on offer than brokerage fees alone. Along with the functionality considered in the Active Trader category, platforms had to offer webIRESS, the ability to trade options, warrants, ETFs, and access to international markets.
Anyone who’s serious about share trading needs a quality app to make sure they’re always on top of the market. When considering which apps were deserving of our Exceptional Share Trading App award, our experts looked at order management, watchlists, alerts, charting tools, frequency of updates to market data, research tools, and more.
The Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers and have been running since 2014.
See our methodology report for more detailed information on how we performed the price comparisons and determined the final winners list.
In carrying out the Mozo Experts Choice Awards in Online Share Trading, we analysed 61 share trading platforms from 23 providers. The analysis is based on data contained in Mozo’s product database as at 28 February, 2019. We aim to include most online share trading providers in the market in the Mozo Experts Choice Awards. However, not every share trading product on the market will be included in our review. Any online share trading product we review must be available in the market at the time of our analysis and any offers included must be available to the general public on the provider’s website.
The Mozo Experts Choice Awards analysis is overseen by AJ Duncanson, Mozo’s Data Services Director. AJ is a data scientist and actuary, and has worked in financial services and product comparison for almost 3 decades. Together with our Product Data Manager, Peter Marshall, the team has over 50 years of financial services experience.
Please get in touch with us to discuss by emailing or phoning our account management team on 02 9037 4368.