Australia

Best online investment services in Australia

Baron Barnett

08 Feb 2025 — 1 min read

By 'best' I mean lowest cost to you as an investor. Diferent brokers charge various fees on the ASX and US markets for shares and ETFs. Therefore I've highlighted the best broker(s) for each of these four categories.

Best for U.S. Shares

Service	% fees*
Interactive Brokers	$1000 - 0.14% $2000 - 0.07% $3000 - 0.05% $5000 - 0.03% $10000 - 0.03% $50000 - 0.03%

*Percentage costs take into account brokerage AND foreign currency (FX) conversion fees

Best for Australian shares (ASX)

Service	% fees
Betashares Direct*	0%

*300+ Australian shares

Best for Australian based (ASX) ETFs

Service	% fees
Betashares Direct	0%
Webull	0%

Best for U.S. based ETFs

Service	% fees
Webull	0%

💡

I've based my recomendations on the excellent data gathered by Passive Investing Australia. However Passive Investing Australia in no endorses my recommendations and we are not affiliated in any way.

Dividend Imputation

Dividend imputation and franking credits available on shares in Australia

Financial planning gone bad

You are the only person responsible for your financial future. If it all goes belly up the buck ultimately stops with you. Even if you have been given dodgy advice from a financial manager, it’s your responsibility to do your homework and take responsibility for your investment choices. No

Save your retirement with the investment fees calculator

Did you know that a seemingly small fee of just 1% on your investments can result in you losing more than 20% of your balance over 40 years, and that a 1.5% fee can result in you being deprived of around 30% of your investment over the same time!

The great superannuation rip-off

Recently the Murray Report found that Australian’s are paying double the fees of other Western countries for their retirement. That’s costing us $20 billion dollars each year! Why are Aussies being so badly ripped-off? Well we could blame the funds for slugging consumers with hidden high fees and