A good trading platform will keep your costs low and help you build a portfolio of Australian or global stocks. But not all platforms are created equal. New investors may prefer a simple user interface or lower brokerage fees, while active traders will prioritise trading tools and the range of markets available.More info :theinvestorscentre.com

If you want to start small and invest in ready-made stock or ETF portfolios, look for a micro-investment app like Raiz Invest or Spaceship that lets you invest a small amount regularly into an established portfolio. You can also buy shares on a platform with no minimum deposit and lower brokerage fees, such as Selfwealth or Webull. However, you won’t get access to the same copy or social trading features that eToro offers.

Best Trading Platforms in Australia: Features and Comparisons

eToro’s reputation as the best online broker in Australia stems from its reasonable fees, a large selection of tradeable assets and intuitive user interface. But its key differentiator is its copy trading feature, which saves beginner investors time by allowing them to defer stock-buying decisions to more experienced traders with a track record of success.

Another option for beginners is CMC Markets, which has been around for 30 years and offers a wide range of trading tools on desktop, app and mobile. It has a large client base of intermediate and advanced traders, and its Global Trader app is designed for beginners and is free to use for your first 30 days.