Compare Share Trading Platforms for Beginners in Australia

Share trading platforms for beginners

Compare the share trading platforms that are suitable for beginner investors.

Updated 28 Mar 2025 |

Comparing of 5 share trading platforms for beginners

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On website

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Featured

eToro

Highlights

Invest in a wide selection of shares, crypto, ETFs, and a number of other assets.
Set up a demo account so you can practice trading.
Trade like a pro with eToro's copy trading function.

Pros

Stock fees are low, helping you keep more of your returns.
Pricing is competitive, giving you good value for your trades.
Access to a wide range of markets.
The platform is simple to use, even if you’re new to trading.
Social trading lets you follow and learn from experienced investors.
Access to market news and trader insights.

Cons

Customer support is limited.
Advanced traders may find the analytical tools too basic.
Withdrawals come with a $5 fee, which can add up over time.
Only a few account base currencies are available, which may lead to extra conversion costs.

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On website

Superhero

Highlights

Trade shares and ETFs listed on the ASX and US markets.
User-friendly, mobile-first trading experience.
Earn Qantas points on eligible trades and transfers.

Pros

No monthly fees, keeping your costs predictable.
Live pricing ensures you have up-to-date market information when making trades.
Automated investing makes it easier to manage your portfolio without constant oversight.
The mobile interface is simple to use and easy to set up, so you can trade on the go

Cons

Foreign exchange fees are quite high.
Only offers basic data and stock reports.
Basic trading features.
You’re limited to trading in the US and ASX markets.

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Not available for application via this website

Stake

Highlights

Sign up and fund your account to get a free share worth up to US $150.
Invest in shares and ETFs listed on the ASX and US markets.
Excellent mobile app and web interface.

Pros

Regulated by ASIC and the UK’s FCA.
Low fees on stock and ETF trading.
No FX fees when buying and selling U.S. stocks.
Start trading with $50.
User-friendly trading platforms

Cons

Not an all-in-one platform.
Reports of slow response from its Customer service team.
Advanced tools are available with a paid Stake Black subscription, starting at $17.
Lacks educational resources.

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On website

Pearler

Highlights

Take advantage of dollar cost averaging with automated recurring buys.
Invest in shares, ETFs, and funds listed on the ASX and US markets.
Learn from a community of investors who share their tips and experiences.

Pros

Suitable for both beginners and experienced investors.
Encourages long-term investing, helping you build wealth over time
No hidden or disguised fees.
No account opening, maintenance, or inactivity fees.
A safe and secure platform protects your investments and personal information.

Cons

Lacks live data and research reports, which could limit in-depth market analysis.
It can take a few days before you can start trading.
Limited to AU and US markets.

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Not available for application via this website

Sharesies

Highlights

Invest in shares and ETFs listed on the ASX, NZ, and US markets.
Auto-invest makes it easy to invest regularly and dollar cost average over time.
Beautifully designed with new investors in mind.

Pros

Ideal for those looking to start their investment journey with a simple and accessible platform.
Flexible pricing plans: Based on your investment habits, you can choose from pay-as-you-go or one of the three subscription plans ($5, $10, or $15).
Mobile app available for on-the-go investing.

Cons

Focused on Australia, New Zealand, and the US only,
Limited investment products.
No CHESS sponsorship.