Choose the version of this product that suits you best
| ||Platinum + IRESS Trader|
Platinum + IRESS Trader
The nabtrade share trading account and digital platform allows Australian investors to trade shares, ETFs and other securities on the ASX and and other international markets, while also providing a range of useful features including access to live data, charting tools as well as ongoing insights and news. Nabtrade’s Silver tier was even named a 2021 Mozo Experts Choice Award winner in the best Regular Trader category.
nabTrade has a number of different tiers or ‘service levels’, each of which comes with varying requirements, features and fees. These include: Bronze, Silver, Gold, Platinum and Platinum + IRESS Trader.
Charting tools, broker reports, market news as well as other insights and information are available to all nabTrade users, though live data can only be accessed with a Silver level or higher. There are also much more comprehensive analytics tools and features on offer at the Platinum and Platinum + IRESS Trader tiers for active investors.
No matter the tier, online brokerage with nabTrade is consistent depending on the value of your trade across Australian securities such as shares, ETFs, warrants and mFunds:
$14.95: Trades up to $5,000
$19.95: Trades between $5,000.01 – $20,000
0.11%: Trades over $20,000
The same brokerage rates apply to international trades, but there may be additional market fees to take into account as well as a foreign exchange fee of up to 3% of the trade value. Trades can also be made over the phone but at a higher cost.
What about access? Well, you can trade or monitor your investments with nabTrade via the online platform or through the nabTrade mobile app which is available on Apple and Android devices.
The nabTrade share trading account and digital platform could be an option to consider for investors looking to access both Australian and international markets, especially more regular traders who will be able to meet the requirements to access live data for free.
While the brokerage costs with nabTrade are comparable to the other major banks, there are other share trading platforms on the market with much lower brokerage which may be worth considering - especially for smaller trades.
This product is not currently reviewed.