Best online share trading platforms in Australia – July 2025

Man share trading on share trading app online

Share trading has exploded in popularity in recent years, particularly among younger Australians who are looking for ways to grow their wealth beyond the conventional means.

Whether you’re learning the ropes or are a seasoned pro, access to a quality trading platform, or even a share trading app for mobile, is essential. For those who don’t know where to start, the Mozo Experts Choice Awards for Share Trading 2025^ can help you find the right platform. 

This will depend on what you value as an investor. We hope to make your search easier by including information on a range of share trading platforms, some of which have won awards.

For a deeper dive into online share trading, including a full FAQ, keep scrolling.

Mozo Experts Choice Awards 2025 winners

Mozo Experts Choice Awards badge

In 2025, Mozo’s data analysts reviewed 73 online share trading platforms from 31 providers to uncover the top performers in the market. Platforms were assessed on features, functionality and overall value, with only the top 10% in each category earning a Mozo Experts Choice Award.

Below, we’ve highlighted some of the standout winners across key categories. These picks represent excellent value for Australian investors – whether you're just starting out or already building a diversified portfolio. For more on how the awards were decided, check out the Mozo Experts Choice Awards^ methodology report.

Australia's best online share trading provider

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Important disclosures
moomoo share trading account
  • No monthly fee
  • Trade Australian shares starting at $3 per order (or 0.03% the transaction amount)
  • Access to US shares and ETFs starting at USD $0.99 brokerage per order

The moomoo share trading platform offers customers access to ASX and US stocks, including ETFs. Trading Australian shares with moomoo starts at A$3.00 or 0.03% per order (whichever is larger). Trading US shares and ETFs will cost you USD $0.99 cents per order (there are a range of other fees so be sure to check the full T&Cs).

Trading with moomoo also gives users access to real-time global market data and analysis tools, so they can stay up-to-date and informed when trading. Through moomoo, investors can also stay in the loop with news from Bloomberg, Dow Jones, Benzinga, and other sources.

New clients receive $0 brokerage for 30 days on US and ASX shares and up to 12 free stocks (conditions apply).

Highly commended online share trading provider

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Important disclosures
CMC Markets - Standard
  • $11 or 0.10% brokerage fee on trades over $1,000 (whichever is higher)
  • $0 brokerage on first buy order up to $1,000 (limited to one stock per trading day)
  • Easy access to 15 international markets
  • Multiple 2025 Mozo Experts Choice Awards^ winner

CMC Markets offers a comprehensive service that will appeal to beginner and more experienced traders alike. You’ll be charged $11 or 0.10% on trades (whichever is higher), and $0 on your first buy order each day up to $1,000 (this is limited to one stock per day). CMC Markets picked up awards for Casual Trader, Regular Trader, and Active Trader categories and was also named our 2025 Online Share Trading Platform of the Year (Active Investor)^.

Best for casual traders

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Important disclosures
Tiger Brokers
  • 2025 Mozo Experts Choice Award Winner^ - Casual ETF and ASX Investor
  • Worldwide access with one account: ASX, US & HK stocks, EFTs and US Options
  • Mozo special offer: 4 free trades and no FX fee on exchanges up to $2,000 each month (T&Cs apply)
  • Small trade brokerage fee $3.00

Tiger Brokers provides an online platform for investors who want to keep their brokerage costs to a minimum. Mozo’s readers can access a brokerage fee of 0.03% of the trade value, with a minimum brokerage of A$3.00. 

Get worldwide access with one account, access to the Tiger Academy where you can participate in learning programs to help with your investment decisions and a $100,000 USD free demo account to practice with before you begin trading.

Mozo special offer for new users only:

Get 4x zero brokerage trades (brokerage fees waived up to US$2 per trade for US stocks, up to AU$3 per trade for AUS stocks, and up to US$3 per trade for US options) and zero FX fees for exchanging up to AU$2,000 every month AUD⇆USD with the first deposit of any amount. Other fees may apply.

Plus, AUD 40 cash vouchers with an accumulated net deposit of at least AUD 2,000 within 7 days of the first deposit. Trading conditions and withdrawal restrictions apply to the withdrawal of the AUD 40 cash – for full details, go to the Tiger Brokers website.

Superhero share trading
  • Winner of 2025 Mozo Experts Choice - Casual ASX Investor and Casual ETF Investor
  • Choose from 9,000+ securities to invest in, with as little as US$10 or AU$10.
  • Award-winning in-app experience with an easy-to-use digital dashboard for managing your portfolio
  • Invest instantly with PayID. No waiting for deposits to transfer or extra fees.

Superhero Trading allows you to invest in over 9,000 ASX and Wall Street shares and ETFs with brokerage from just $2 a trade. 

Sign up with code ‘mozo25’ and get US$10 of Nvidia stock when you fund your account with $100 or more within 30 days. T&Cs apply.

Mozo Editor's Pick: Best online share trading platforms

Mozo Editor's Pick badge

Here's some of the top deals available right now, as selected by our editors. You can also visit our share trading hub for more detailed product reviews and guides.

Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
eToro Share Trading
  • $2 USD brokerage fee for stock trades
  • 1.5% fee is applied to all funds paid into or taken out of the USD settlement account
  • Access to 6000+ stocks and 20 exchanges
  • $100,000 free demo account

The eToro Share Trading account is the world's leading social trading platform and is trusted by 35 million users worldwide. It's free to open an account and you get access to 6000+ stocks and 20 exchanges, all on the eToro app.  There’s even a free $100,000 demo account for beginners to practice trading with and the eToro Academy provides free professional financial education for all levels. A $2 USD brokerage fee for stock trades and 1.5% FX fee applies.

IG Share Trading
  • Sign up and start trading in three easy steps
  • Trade across multiple platforms
  • Access to over 11,000 shares across ASX, US and international markets
  • 24-hour customer support

IG offers access to over 11,000 shares across the ASX, US and international markets, with no commission fees on trades. The platform supports extended trading hours on selected shares and provides 24-hour customer support. A 0.7% FX fee applies to international trades, with other charges potentially applying.

Mozo People's Choice Awards 2025 winners

Mozo People's Choice Award badge

We didn’t just ask Mozo’s Experts about the best share trading accounts in Australia – we also conducted a national survey of 1,303 Aussie share traders to uncover the winners of the Mozo People’s Choice Awards 2025^, showcasing the share trading platforms customers loved.

These awards recognise the highest customer satisfaction, best service, and other qualities.

Here’s a look at the Mozo People’s Choice Award-winners and which categories they won in:

  • CMC Invest: Depth of Data, Excellent Customer Service, Most Recommended, Outstanding Customer Satisfaction and Settlement Speed
  • Westpac: Easy to Use, Most Recommended and Outstanding Customer Satisfaction
  • Pearler: Easy to Use, Most Recommended and Outstanding Customer Satisfaction
  • Stake: Easy to Use, Most Recommended
  • Superhero: Easy to Use, Value for Money
  • Bendigo Bank: Depth of Data
  • HSBC: Excellent Customer Service
  • eToro: Depth of Data

See the Mozo People’s Choice Awards 2025^ methodology report for more details.

  • Share Investing

    • Standard
    Small trade brokerage
    $0.00
    Large trade brokerage
    0.1%
    Monthly fee
    $0.00
    Go to site

    CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Australian and US shares from $0 brokerage (T&Cs apply - see website for full details).

  • Share Trading Account

    Small trade brokerage
    $2.00
    Large trade brokerage
    0.01%
    Monthly fee
    $0.00
    Go to site

    Superhero Trading allows you to invest in over 9,000 ASX and Wall Street shares and ETFs with brokerage from just $2 a trade. Sign up with code ‘mozo25’ and get US$10 of Nvidia stock when you fund your account with $100 or more within 30 days. T&Cs apply. 1Awarded-Winner: Best for Mobile Experience in the WeMoney Investment Awards 2023

  • Share Trading

    Small trade brokerage
    -
    Large trade brokerage
    %
    Monthly fee
    $0.00
    Go to site

    6000+ stocks and 20 exchanges, all on the eToro app. Invest in ETFs and stocks with just US$2 per trade. Join the world’s leading social trading platform, trusted by 35+ million users worldwide. Small trade brokerage conditions: $2 USD brokerage fee for stock trades, 1.5% FX fee applies.

ONLINE SHARE TRADING INFORMATION

How to start trading shares in Australia

Getting started with share trading is easier than you might think. Here's a step-by-step guide:

  1. Choose a platform: Compare fees, markets offered, and tools.
  2. Open an account: Sign up and complete identity verification.
  3. Add funds: Transfer money into your trading account.
  4. Do your research: Explore stocks, ETFs, or other listed assets.
  5. Place your first trade: Buy or sell shares online in just a few clicks.

Share trading platforms vs traditional brokers

Modern online platforms have changed the way Australians invest. Here’s how they compare with full-service brokers:

Feature Online trading platform Traditional broker
Brokerage fees
Low – often under $10
Higher – may charge $50+
Control
Self-directed
Broker-assisted
Research tools
Built-in or add-ons
Often comprehensive
Best for
DIY investors
Those seeking advice

What to look for in a share trading platform

Before signing up, consider these key features:

  • Brokerage fees: Look for low or no-commission options.
  • Market access: Can you trade ASX and international shares?
  • Research tools: Are charts, news and analyst insights included?
  • Mobile app: Is there a user-friendly app for on-the-go trading?
  • Ease of use: A clean interface can make or break your experience.

Also check minimum deposit requirements and ongoing fees.

How much does it cost to trade shares online?

Share trading costs can include:

  • Brokerage fees: Charged per trade, flat rate or percentage-based.
  • Currency conversion fees: For buying international shares.
  • Inactivity or subscription fees: Some platforms charge for access or inactivity.

Costs vary widely. Low-cost platforms can charge as little as $2 per trade, while full-service options may charge significantly more. Always compare the total cost based on how frequently you plan to trade.

Online share trading FAQs

What is a share trading platform?

A share trading platform is an online service that allows you to buy and sell shares, ETFs and other securities on the stock market.

Can beginners use online share trading platforms?

Yes. Many platforms cater to beginners with low fees, user-friendly apps and educational resources.

How do I choose the right platform?

Compare based on your goals, preferred markets (ASX, US, global), trading frequency and budget. Look for platforms with low fees and tools that match your experience level.

Are online trading platforms safe?

Reputable platforms in Australia are regulated by ASIC and use encryption to protect your data and funds.

How much money do I need to start trading?

Minimum investment amounts vary. Some platforms let you start with as little as $50, while others may require more. You’ll also need enough to cover brokerage fees.

Why trust Mozo for online share trading comparisons?

Mozo has been comparing financial products for over 15 years, helping Australians cut through the complexity to make confident money moves.

Our experts analyse share trading platforms based on brokerage fees, features, trading tools, usability and overall value. Whether you’re investing for growth or managing a diverse portfolio, our insights help you find a platform that suits your strategy.

Can I trade international stocks?

Most platforms offer access to major markets like the US, UK and Asia. Check whether foreign exchange fees or other charges apply.

What fees should I watch out for?

Beyond brokerage, watch for FX fees, inactivity charges and any premium subscription costs for advanced features.

Do I pay tax on share trading?

Yes. Profits made from selling shares may be subject to capital gains tax. It’s a good idea to speak with a tax advisor about your obligations.


Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.