There are a wide range of investment apps available for Australian investors. They range from traditional online brokers to start-ups and robo-advisors. The best investment apps combine ease-of-use with educational tools to help you build your investing confidence and become a better trader. When choosing an investing app, it’s important to know your investment goals, timeframe and risk tolerance. This will determine the type of investments you want to make and which app offers the most flexibility and features for your needs. How to Choose the Best Investment App in Australia.

eToro is an international, multi-asset brokerage with low fees and a great user experience. It’s popular with beginners and experienced traders alike. Its platform allows you to trade shares, ETFs, currencies and commodities. It also provides research and analysis tools.

How to Choose the Best Investment App in Australia: Key Criteria

CMC Markets is a well established app and desktop broker. They offer a full suite of trading services and are one of the top stockbrokers in Australia. Options, managed funds and forex are all available along with a comprehensive range of charts and research tools.

SelfWealth is a favourite with young investors and one of the lowest-cost share trading apps. It offers a flat fee of AUD $9.50 per trade for Australian and US shares, plus earn Qantas points. It’s been around for a few years and is simple to use.

Superhero is the newest Australian investment app, launched in 2020. It’s an all-in-one online bank, with savings, lending and investing features built in. It even has a “pay later” function, which lets you invest with money you’ve already saved, rather than from your paycheck.