Money reveals the Best Feature-Packed Online Broker for 2021
This is the 14th consecutive year CommSec has won this award, setting the bar for user experience, support and a slew of other features that assist investors of all levels. Trading starts from $19.95 for Aussie shares for transaction values over $1000 and up to $10,000.
Customers have access to global markets such as the New York Stock Exchange, NASDAQ, London Stock Exchange and listed companies in Asia Pacific and Europe.
Jumping from third to second place this year, nabtrade has moved up the ladder thanks to a range of products (over 10,000 securities) and investor education features.
Trading Aussie shares and mFunds, ETFs, warrants, bonds as well as global stocks in the UK, US, Germany and Hong Kong (for up to $5000) incurs $14.95 in brokerage fees. Nabtrade's cash management offering allows customers to transfer funds in real time between their nabtrade and other NAB accounts. A nabtrade High Interest Account offers a competitive variable interest rate of 0.75%pa.
Customers can stay up to date with the latest expert insights, ideas and market commentary via the news hub, webinars and fortnightly podcast that aim to help build, manage and protect wealth.
Westpac Share Trading debuted in third place in this year's award. Brokerage fees start from $19.95 or 0.11% trade value (whichever is greater). With more than 2200 of investment options on offer, customers have access to the ASX and Chi-X, 25 global markets, options, ETFs and bonds.
For investors interested in new, up-and-coming companies, the Westpac Share Trading IPO and Investment Centre provides information and access to initial public offerings.