eToro is an online trading platform and social trading network. In Australia, you can trade stocks without any broker commissions, which makes it a cost effective way to start investing. This is my getting started guide for trading on eToro:
Coinbase is a popular cryptocurrency exchange. Coinbase is based in the U.S but supports Australian customers.
In Australia you can buy Bitcoin and other cryptos from Coinbase but unfortunately you can't sell. There are better Coinbase alternatives, but for those using Coinbase, here is how you can withdraw from Coinbase in Australia.
I've used both platforms with real money and personally I prefer eToro vs Plus500 and in this post I'll explain why:
eToro is an accessible trading platform that lets Australians buy U.S listed stocks. Unlike many traditional brokers, you don't need thousands of dollars to get started.
So how much money do you need to get started buying stocks on eToro? In this post I'm going to break down the eToro deposit minimums so you can get a better idea of whether this platform is right for you.
The most annoying thing about brokers in Australia are their high commissions. But did you know that you can buy real stocks with zero commissions? Thanks to some innovative trading platforms you can now trade stocks from all over the world and save a fortune in fees.
Here are the cheapest ways to buy stocks in Australia:
While Coinbase is available in Australia, it isn’t the best place to buy crypto. You can’t sell crypto on Coinbase and they only accept credit cards. This means you’ll pay a lot in fees. Here are my top Coinbase alternatives for Australians: CoinSpot – The Best Coinbase Alternative CoinSpot is my goto alternative to Coinbase. … Read more
I don't think Plus500 is a very good option for trading in Australia. If you've been thinking about joining Plus500 make sure you read this post. There are better alternatives available for trading stocks, buying crypto or whatever else you're using Plus500 for.
Here are my top Plus500 alternatives:
Day Trading platforms allows you to rapidly open and close trades, as well as trade using unsettled funds. Platforms like Commsec aren’t the best for day trading – but there are still plenty of great options for day trading in Australia. Here are some of the platforms that I’ve used and found to work for … Read more