We’ve done the hard work and compared a long list of online share trading platforms for this year’s awards. So if you’re keen to delve into the share market or are already trading, then you’ve come to the right place to begin your search for a share trading platform that could meet your trading needs.
A well-deserved congrats to Stake, who wowed the judges and scooped the coveted award as the best overall Share Trading platform for casual traders in 2022. Stake offers low brokerage charges for trading on the ASX for both shares and ETFs. They also facilitate trading US stocks with no brokerage charge, and offer an app that has a range of useful features.
Congratulations to:
Stake
For serious day and regular traders, CMC Markets scooped our top award. They recently revamped their product range and the new offers saw them take out awards in both the Regular and Active Trader categories.
Congratulations to:
CMC Markets
For the Casual ASX Trader award, our judges assessed the pricing structures of 68 online share trading platforms, and determined the leading options for making smaller or infrequent trades on publicly listed companies on the ASX.
Congratulations to:
Interactive Brokers, Saxo Markets, Stake, Superhero, and Tiger Brokers
From the 38 online share trading platforms assessed by our judges, the Casual US Trader award recognises the lowest cost platforms from those considered for making smaller trades on US exchanges for Australian based traders.
Congratulations to:
Interactive Brokers and Revolut
Invest from as little as US$1 in global companies through fractional shares.
For this award, our judges considered some of the lowest cost share trading platforms for investors interested in the convenience of Exchange Traded Funds (EFTs). In addition to brokerage costs it considers any ongoing fees including potential dormancy charges, as well as any ETF trading discounts.
Congratulations to:
CommSec, EasyEquities, Pearler, Stake, and Superhero
As trading frequency increases, so do the brokerage costs and the need for greater stock insights and market information. Our judges awarded three platforms for this category.
Congratulations to:
Bank of Queensland and CMC Markets
Access to international markets, advanced trading tools and greater trade frequency and volumes were considered by our judges to award the winner in the Active Trader category.
Congratulations to:
CMC Markets
This year, our judges assessed the mobile apps of share trading providers, from the perspective of a casual or regular trader in Australian shares. Two apps were deemed by our judges to offer leading mobile app solutions.
Congratulations to:
CommSec and Westpac
Now in their ninth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2022 Online Share Trading awards, we analysed 68 share trading platforms from 31 providers.
“As at call savings rates have dwindled in the past few years, activity in the share market has surged during the pandemic and is showing no signs of slowing down,.” said Mozo Experts Choice Award judge, Peter Marshall.
“Whether you’re a casual trader or a seasoned professional, finding the top platform to trade on is imperative in getting the most return for your money. The winners of Online Share Trading Awards for 2022, are a great way to set you in the right direction in searching for a platform which could best suit your needs.”
For details on how we crunched the numbers and determined our winners, see the 2022 Mozo Experts Choice Online Share Trading Awards methodology report.
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
There are so many different fees, features and options available with each different account, so the ‘best’ share trading account for you won’t be the same as it is for another investor, because every trader will have different needs and priorities.
If you’re after a share trading account that offers great value though, our 2022 Mozo Experts Choice Awards for Online Share Trading are an excellent place to start. In 2022, our experts analysed over 68 different share trading platforms available in Australia from 31 providers to highlight outstanding options for casual, regular and active traders.
A share trading order is how you buy or sell shares. There are a few different share trading orders which can be handy if you don’t have time to monitor your investments and market movements all day, every day. Here are three of the main types of orders:
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our Mozo Experts Choice Online Share Trading Awards methodology report for detailed information on how we performed product comparisons and determined the final Online Share Trading Award winners for 2022.
We analysed 68 share trading platforms from 31 providers for the 2022 awards. We aim to include most online share trading providers in the market in the Mozo Experts Choice Awards. However, not every financial institution or product in the market will be included in our review. Any product we review must be available to the general public and in the market at the time of our analysis.
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.
Please get in touch with us to discuss by email should you have any queries.