16 Best Stock Trading Apps In Australia For 2026 Compared

eToro ASX Trading Fee

Cost per side for ASX trades on eToro

Interactive Brokers ASX Transaction Fee

$6.60

Minimum charge for ASX transactions on Interactive Brokers

eToro Tradable Instruments

3000+

Number of tradable instruments available on eToro across global exchanges

§ 01 Executive Snapshot

What: Comparison of the 16 best stock trading apps in Australia for 2026.
Who: The article features eToro and Interactive Brokers as key trading platforms.
Why it matters: Understanding the features and fees of these platforms is crucial for Australian investors seeking efficient trading solutions.

eToro offers low ASX trading fees of $2 per side and a ~0.75% currency conversion fee for US stocks.
eToro supports over 3000 tradable instruments across 17 global exchanges, including equities, ETFs, and cryptocurrencies.
Interactive Brokers charges $6.60 for ASX transactions or 0.088% of trade value, whichever is higher.

The rise of mobile trading applications has changed how investors interact with stock markets, making trading more accessible.
The competitive landscape among trading platforms emphasizes low fees, user-friendly interfaces, and advanced features like copy trading to attract users.

Immediate consequence: Traders can choose platforms based on their specific needs (e.g., low fees vs. advanced features).
Long-term implication: Increased competition among trading apps may lead to further innovations and improved services for users.

Potential risk: Regulatory changes could impact the operations and fee structures of trading platforms.
Potential risk: User reliance on app features like copy trading may lead to uninformed investment decisions.

Forward signal: Observing how trading platforms adjust their fee structures in response to competitive pressures will be critical.
Forward signal: The adoption rates of new features like copy trading will indicate user preferences and market trends.