The latest investment apps have made it possible to buy shares and track stock prices with just a smartphone app. But, with many differing features and fees, it’s essential to assess whether the platform fits your type of investing, investment goals and budget. It’s also important to note that micro-investing apps should be regulated by the Australian Securities and Investments Commission (ASIC). And, because these platforms link to your bank account, they should offer strong security features such as encryptions and two-factor authentication (2FA).More info :https://theinvestorscentre.com/au/investing/best-investment-apps-australia/
Best Investment Apps in Australia: A Complete Review
Choosing a share trading app should be tailored to your individual goals and how hands-on you want to be. For instance, you’ll find Raiz and Spaceship are great for beginners with their user-friendly interfaces and micro-investing options, while CommSec Pocket is ideal for those who value the reliability of an app backed by the Commonwealth Bank.
Other popular platforms include eToro, which has gained worldwide popularity due to its simplicity and commission-free trading (although this feature is only available for US markets). Selfwealth allows users to trade Australian and US shares for a flat fee of $9.5 per trade, while CMC Markets caters to advanced traders with access to MT4 and a range of assets including stocks, ETFs, managed funds, commodities, treasuries, indices and crypto. Its industry-first ‘Autopilot’ feature also lets Aussie investors automate investments that align with their financial goals and budget — no more scheduling meetings with a suit-and-tie stockbroker.…