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Best stock brokers & investing apps in Australia

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Australia, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Stocks in Australia at a glance

  • 8 stock brokers & investing apps with a verified licence serve residents of Australia: 8 hold a local licence (ASIC).
  • Top pick by Coinish Score: moomoo (77/100, Editor Rating 3.8/5).
  • $0 commission on US stocks: moomoo, IG, Webull and Trading 212.
  • No minimum deposit: Webull.

Stocks in Australia

Local licence required

Brokers need an Australian financial services (AFS) licence.

Regulator sources (1)
  • “If you want to run a financial services business, you generally need to be authorised under an AFS licence”

    asic.gov.au · Oct 5, 2026

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

  1. 1
    moomoo logo
    Top pick

    moomoo

    Moomoo Securities Australia Ltd · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $0

    Instruments

    –

    Min. deposit

    –

    77

    Coinish Score

    3.8/5 rating79 signal
  2. 2
    IG logo

    IG

    IG Australia Pty Ltd · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $0

    Instruments

    17,000+

    Min. deposit

    –

    76

    Coinish Score

    4.1/5 rating71 signal
  3. 3
    Webull logo

    Webull

    Webull Securities (Australia) Pty. Ltd. · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $0

    Instruments

    –

    Min. deposit

    $0

    75

    Coinish Score

    4.5/5 rating58 signal
  4. 4
    eToro logo

    eToro

    eToro AUS Capital Limited · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $2

    Instruments

    10,000+

    Min. deposit

    –

    73

    Coinish Score

    3.8/5 rating71 signal
  5. 5
    Interactive Brokers logo

    Interactive Brokers

    Interactive Brokers Australia Pty. Ltd. · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $1

    Instruments

    –

    Min. deposit

    –

    71

    Coinish Score

    4.1/5 rating61 signal
  6. 6
    Trading 212 logo

    Trading 212

    Trading 212 AU Pty Ltd · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $0

    Instruments

    9,000+

    Min. deposit

    –

    68

    Coinish Score

    4.0/5 rating56 signal
  7. 7
    Tiger Brokers logo

    Tiger Brokers

    Tiger Brokers (AU) Pty Limited · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $2

    Instruments

    19,000+

    Min. deposit

    –

    64

    Coinish Score

    3.8/5 rating52 signal
  8. 8
    Stake logo

    Stake

    Stakeshop AFSL Pty Ltd · ASIC (Tier 1)

    Locally licensed

    US stock fee

    $3

    Instruments

    11,000+

    Min. deposit

    A$10

    58

    Coinish Score

    3.7/5 rating43 signal

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