Best Feature-Packed Online Brokers
GOLD WINNER COMMSEC
Strong support and a range of tools help investors spot opportunities and make the right decisions
Australia’s biggest online broker, CommSec, has taken out this award for 11 years straight. “CommSec has continued to set the standard for the best feature-packed online broker award with its internet-preferred online share-trading platform,” says Emily Horton, research analyst with Canstar. In judging the award Canstar considered more than 100 features.
“CommSec provides support and tools to assist traders, with a strong market information offering including daily market reports, live quotes, buy/sell signals, company financial reports, company news and announcements, economic research and forecasts, and technical analyst reports,” says Horton.
Customers can access realtime updates and live charting tools that can be organised into a personalised watch list to help them make informed decisions. And they have unlimited free access to customisable SMS and email alerts to help spot market opportunities, says Horton.
came in second for the fifth consecutive year. Again it was a close finish.
“Westpac continues to provide superior functionality via a dynamic trading platform and access to reporting, charting and company information,” says Horton. “The trading ideas section on its website highlights interesting insights and market trends to help investors explore new trading opportunities. Customisable charting tools and alerts help customers easily find the information that they require.”
Other features include broker recommendations, up-to-date news and customisable alerts regarding market changes, economic insights and technical analyst reports.
Nabtrade came third for the second year in a row. “It offers free online tutorials, live online help during market hours and other helpful education materials including trading tips and strategies to provide insight for investors at every stage,” says Horton. “Investors also gain access to broker recommendations on 1500 ASX-listed companies.”