There has been a dramatic transformation in the financial markets in Australia. The trading platforms available to investors have evolved and it’s now possible to trade multiple asset classes via a single interface. The technology has improved and it’s much easier to access all types of market data with ease. As a result, it’s easier than ever before to manage investments effectively. There are many trader platforms in Australia, it is difficult to choose the best one for you.
The Traders union has announced the Best Trading Platform Australia for the year 2021. The trader union has identified the top trading platforms in Australia for the year 2021 and this will help you trade smartly, as well as save your hard-earned money. The traders union is a platform that has all the latest information about the best trading platforms in Australia for the year 2021.
Trader union provides the best services like a free demo trading account, free training, and an education center. You can find here reviews about all the forex trading platforms. It gives you full support facility to their traders. So choose the best trading platform in Australia from traderunion.com.
Top 12 Trading Platform Australia 2021
1. Interactive Brokers Australia
2. eToro
3. IG Markets
4. Tastyworks
5. ThinkMarkets
6. Stake
7. TradeStation
8. CMC Markets
9. IC Markets
10. Saxo Bank
11. Swissquote
12. Questrade
Interactive Brokers Australia
A leading global online broker, Interactive Brokers Australia’s forex trading division offers all the tools and services that a trader would expect from a premium provider. Its award-winning trading platform provides access to more than 50 markets around the world, including all major currency pairs, precious metals, and CFDs on indices, stocks, and commodities.
eToro
eToro is the good social trading and investing broker. The platform enables users to follow top-performing traders, copy their trades automatically, and benefit from their investment strategies.
eToro is an ideal platform for novice traders of Australia because of its user-friendly copy trading and social trading platforms. It has a huge library of educational content in the form of webinars, podcasts, videos, and ebooks. The initial minimum deposit in eToro is 200$ afterward it is 50$ only.
IG markets
IG markets are one of the top trading platforms in Australia. It offers a demo account that can be used for free by traders who are just starting out. IG markets are suitable for both novice and professional traders. It is worth noting that IG markets do not provide CFD trading services which are instead provided by IG Group.
Tastyworks
Tastyworks offers its clients a variety of trading options including stocks and ETFs. It also allows them to trade options contracts on stocks and ETFs. Tastyworks is a discount broker that does not charge any commission on stocks and ETFs. It does, however, charge $1 per contract or a maximum of $10 per leg for options on stocks and ETFs trading.
ThinkMarkets
ThinkMarkets, a leading online stockbroking firm in Australia, announced yesterday that it would provide 10 free ASX promotional shares to people who open the trading account on its platform and link their bank account. In order to claim the free shares, investors will have to open an account with ThinkMarkets.
Stake
Stake’s mission is to ensure that all Australian investors have access to U.S stock markets. It seeks to achieve this by providing them with a platform that offers commission-free trading in 6,000 U.S stocks and ETFs. Stake also offers a wide range of features and benefits to its clients. Some of these features include real-time streaming quotes, market data and charting tools, advanced trading features, and portfolio analysis tools.
TradeStation
TradeStation is a leading online trading platform for professional traders. It is also the only online trading platform in Australia that allows customers to trade in US stocks and ETFs.
TradeStation has launched a new pricing model that charges $5 per trade for up to 10,000 shares. The charges above 10,000 are $0.005 per share.
CMC Markets
CMC Markets is one of the world’s largest and most diverse online trading platforms. Trusted by individual investors and financial institutions, CMC provides a suite of services. Clients can trade in over 35,000 shares, ETFs, and warrants on the Australian Securities Exchange (ASX). There are no commissions.
IC Markets
IC Markets is a leading commission-free broker in Australia. IC Markets is the only Australian share broker that provides all its services without any commission fees and with an execution speed of 0.04 seconds. This includes real-time trading, portfolio management, charting, news, signals, and access to a research library.Check out IC Markets review at Traders Union.
Saxo Bank
Saxo Bank, a leading multi-asset trading and investment specialist, has announced the launch of Saxo Markets, a new service offering access to a wide range of financial instruments directly on the SaxoTraderGO platform. Saxo Markets will enable investors and traders to trade equities, options, futures, and other asset classes from a single account on SaxoTraderGO.
Swissquote
Swissquote has a diverse portfolio of products and services. It offers foreign exchange (FX) trading, commodity trading (including precious metals) and is one of the few brokers that allows clients to trade in individual stocks. The broker covers over 150 countries. It has a majority of clients from Australia, Singapore, Hong Kong, and the United Kingdom.
Questrade
Questrade Inc. is a Canada-based online investment broker that offers self-directed investors a wide range of investment services and products. The company provides brokerage services for the purchase and sale of equities, options, mutual funds, ETFs, bonds, GICs, and foreign currency. In addition, it offers online trading platforms, order entry tools, market analytics tools, and research reports.