Best online share trading platforms in Australia – July 2025
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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

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
Highly commended online share trading provider
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
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.
Mozo Editor's Pick: Best online share trading platforms

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 People's Choice Awards 2025 winners

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.
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Share Investing
- Standard
- Small trade brokerage
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$0.00
- Large trade brokerage
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0.1%
- Monthly fee
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$0.00
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).
- Brokerage details
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$0 for trades up to $1,000. Greater of $11 and 0.1% for trades over $1,000.
- Small trade brokerage
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$0.00
- Small trade brokerage conditions
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Trades up to $1,000
- Large trade brokerage
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0.1%
- Large trade brokerage conditions
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The greater of $11 or 0.10% for trades over $1,000
- Monthly fee
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$0.00
- Monthly fee waiver
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- CHESS ownership available
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- Settle from any bank account
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- Settlement account offered
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ANZ Cash Account
- Special offers
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- Independent broker reports
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- International markets
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- Options
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- IPOs
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- Live data
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- Market depth data
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- Real time charting
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- Other benefits
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- Other restrictions
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Read reviews and learn more about CMC Invest share accounts
Go to site -
Mozo experts choice awards won:
- Casual ASX Investor - 2025
- Casual ETF Investor - 2025
Share Trading Account
- Small trade brokerage
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$2.00
- Large trade brokerage
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0.01%
- Monthly fee
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$0.00
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
- Brokerage details
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- Small trade brokerage
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$2.00
- Small trade brokerage conditions
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Flat $2 fee brokerage on trades up to $20,000 for all Aussie shares, $10 minimum per trade. US$2 for US share trades up to US$20,000, US$10 minimum. 0.01% for trades larger than $20,000.
- Large trade brokerage
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0.01%
- Large trade brokerage conditions
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Flat $2 fee brokerage on trades up to $20,000 for all Aussie shares, $10 minimum per trade. US$2 for US share trades up to US$20,000, US$10 minimum. 0.01% for trades larger than $20,000.
- Monthly fee
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$0.00
- Monthly fee waiver
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- CHESS ownership available
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- Settle from any bank account
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- Settlement account offered
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Superhero Wallet is a cash management account built into Superhero Account (held under NAB)
- Special offers
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- Independent broker reports
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- International markets
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- Options
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- IPOs
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- Live data
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- Market depth data
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- Real time charting
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- Other benefits
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1000 Qantas Points when you link your QFF account and make an eligible trade within 30 days of signing up. 25 Qantas Points per ASX-listed shares traded.
- Other restrictions
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Additional fees may apply for sell US trades. US shares transfer fee 65bps applies.
Read reviews and learn more about Superhero share accounts
Go to site -
Share Trading
- Small trade brokerage
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- Large trade brokerage
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%
- Monthly fee
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$0.00
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.
- Brokerage details
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$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
- Small trade brokerage
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- Small trade brokerage conditions
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$2 USD brokerage fee for stock trades, 1.5% FX fee applies.
- Large trade brokerage
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%
- Large trade brokerage conditions
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$2 USD brokerage fee for stock trades, 1.5% FX fee applies.
- Monthly fee
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$0.00
- Monthly fee waiver
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- CHESS ownership available
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- Settle from any bank account
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- Settlement account offered
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Customer funds are held in a Trust Account managed by JP Morgan Chase and Co
- Special offers
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- Independent broker reports
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- International markets
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- Options
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- IPOs
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- Live data
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- Market depth data
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- Real time charting
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- Other benefits
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- Other restrictions
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$5 USD withdrawal fee applies and a $10 monthly inactivity fee is charged after 12 months with no login activity.
Read reviews and learn more about eToro share accounts
Go to site
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:
- Choose a platform: Compare fees, markets offered, and tools.
- Open an account: Sign up and complete identity verification.
- Add funds: Transfer money into your trading account.
- Do your research: Explore stocks, ETFs, or other listed assets.
- 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.