Australian online Stock broker comparison – Share trader accounts

Are you looking for the best online broker Australia that suits your trading or investment needs? We can help…

I don’t believe there is a ‘single’ best stock broker that would meet everyone’s needs. Same as there is no single indicator or share trading style that is best for everyone, nor is there simply one best ASX equities brokerage firm suited to all online traders and investors. Online trading is a very personal endeavour, with differing available capital, risk tolerance, trading methods, styles and requirements.

ASX stock quotes used for trading sharesIt can also be difficult for traders to know who are the reputable online stock brokers in the industry. It’s for this reason I have reviewed1 in detail and compiled the ASIC regulated stockbroker list below for 2020 covering a variety of features traders & investors often look for when trading the Australian share market.

Our comparison table below includes some of the top Australian brokers for stock trading online.

Online Share Trading Comparison for Australia

This online share trading comparison for 2020 covers a discount broker & cheapest online share trading account (for those looking for the cheapest stock broker in Australia), best integrated platform solution (allowing you to also trade derivatives in addition to ASX shares from the one platform), Self Managed Super Fund (SMSF) brokerage account for trading the stock market, their online share trading platform and more.

To view our detailed broker review and ratings1, simply click on the star rating in the tables below.

Compare Stock (Share) Brokers
  • Key Difference

    Key Difference
  • Editor Rating 1
  • ASIC Regulated

    ASIC Regulated
  • Deposits Held

    Deposits Held
  • Instruments Available

    Instruments Available
  • ASX Shares (CHESS/HIN)
  • Ongoing Monthly Fee
  • Live ASX Prices

    Live ASX Prices
  • Stop Loss Orders

    Stop Loss Orders
  • Phone Trading Available
  • Free HIN Switching
  • Can Link Margin Loan

    Can Link Margin Loan
  • WebIRESS Option

    WebIRESS Option
  •  

     
FP Markets
FP Markets
  • Key Difference

    Integrated Solution
    Cheapest Non-Advisory Phone Broker
  • ASIC Regulated

  • Deposits Held

    CBA
  • Instruments Available

    ASX listed equities, Australian & International DMA CFDs, ETFs, Indices, Futures, Commodities and STP ECN Forex/FX
  • 0.11% with $14.95 min.
  • $ 0
  • Live ASX Prices

    (Included)
  • Stop Loss Orders

    (Free)
  • (No additional charge)
  • Can Link Margin Loan

  • WebIRESS Option

    ($77 per month)
  •  

    FP Markets Review
    FP Markets Website
Amscot Stockbroking
Amscot Stockbroking
  • Key Difference

    Cheapest ASX Share Trading for Active and/or High Trade Value Equity Traders
  • ASIC Regulated

  • Deposits Held

    NAB
  • Instruments Available

    ASX listed equities (inc. preference shares, convertible or converting notes), Company Option, Managed Funds via mFund and Warrants
  • 0.077% with $9.90 min.
  • $ 11
  • Live ASX Prices

    (Included)
  • Stop Loss Orders

    (Free)
  • ($38.50-$49.50 or 0.165%)
  • Can Link Margin Loan

  • WebIRESS Option

    ($77 per month)
  •  

    Amscot Review
    Amscot Stockbroking Website
Bell Direct
Bell Direct
  • Key Difference

    SMSF Focused
    ASX Broker Research Available for Clients
  • ASIC Regulated

  • Deposits Held

    Bell Potter
  • Instruments Available

    ASX listed equities, ETFs, Warrants, Interest rate securities, Options, Managed Funds via mFund, and IPOs
  • 0.10% with $15.00 min.
  • $ 0
  • Live ASX Prices

    Optional ($27.50 per month)
  • Stop Loss Orders

    (Free)
  • ($60 or 0.2%)
  • Can Link Margin Loan

  • WebIRESS Option

    ($79 per month)
  •  

    Bell Direct Review
    Bell Direct Stock Broker Website


* awarded No. 1 by investors – most reliable website, Investment Trends Online Broking Survey 2016.

1 Broker ratings quoted in the above stock trading account comparisons are an overall average rating. The calculation is based on the six review criteria displayed on all stock broker’s individual review pages:

  • pricing (based on spreads, commissions and other costs or fees),
  • range of instruments,
  • speed of execution,
  • trading platform features,
  • overall ease of use, and
  • customer support

The individual rating breakdown for the above criteria can be easily accessed by simply clicking the review rating in the above tables or clicking the “read our full review” button.

Online Brokers Australia aim to regularly update information on this web site and provide a “last updated” date at the bottom of every page to ensure you know when the last update was made to the review page. However, you should always click on the “view website” button and review the information on the stockbrokers site first to confirm the details and ensure they will suit your online trading needs.

A full stockbrokers Australia list can also be found on our OnlineBrokersDirectory.com.au partner site, including:

RISK NOTICE:
Reviews and comparisons for best stockbroker are conducted independently, however Share Brokers or products included on this page may not suit your personal objectives, financial situation or needs. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement and/or other offer document/s prior to making any financial decision.
If you are unsure of the risks, or have any doubt whether you have sufficient financial resources or experience to trade these stock broker Australia products, you should take professional advice before trading online.
Last Updated: 27th August, 2020
Your capital is at risk. Forex & CFD trading can result in losses that exceed your initial deposit. Please ensure you fully understand the risks involved.
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