Stats crunched by Mozo Experts
-
73Share Trading Accounts
-
31Share Trading Platforms
-
7Award Categories
In this year’s Awards our judges compared a long list of online share trading platforms to find those that stood out from the rest. So whether you’re a seasoned trader or recently delving into the online share market, the winners of this year’s awards are the ideal place to begin your search.
Standout Winners
Australia's Best Online Share Trading
Moomoo has earned recognition for its low brokerage fees on trading across ASX shares, ETFs, and US stocks, crowned this year’s Best Online Share Trading platform for 2025.
Moomoo is a winner in an impressive four categories: Online Share Trading Casual ASX Investor, Online Share Trading Casual ETF Investor, Online Share Trading Casual US Investor, and Online Share Trading Regular Investor. These four victories secured Moomoo the title of Australia’s Best Online Share Trading.
Congratulations to:
moomoo
-
Share Trading
- small trade brokerage
- $3.00
- monthly_fee
- $0.00
Highly Commended Online Share Trading
For the fourth consecutive year, CMC Invest has claimed this prestigious title. Their victories in both the Online Share Trading Regular and Active categories confirmed their position as the standout winner once again and one to consider for seasoned investors.
Congratulations to:
CMC Invest
-
Share Investing
Standard
- small trade brokerage
- $0.00
- monthly fee
- $0.00
-
Share Investing
ALPHA
- small trade brokerage
- $0.00
- monthly fee
- $0.00
Casual ASX Investor
For the Casual ASX Investor award, our judges assessed the pricing structures of 70 platforms, and determined the leading options for making smaller and infrequent trades on publicly listed companies on the ASX.
Congratulations to:
EasyEquities, moomoo, Saxo Invested, Stake, Superhero, and Tiger Brokers
-
Tiger Account
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
Share Trading
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
AUS Trading Account
- Monthly fee
- $0.00
-
Classic
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
ASX Share Trading
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
Share Trading Account
- Small Trade Brokerage
- $2.00
- Monthly fee
- $0.00
Casual US Investor
From the 46 platforms assessed, the Casual US Trader award recognises the lowest cost platforms for making smaller trades on US exchanges for Australian-based traders. To find the winners for this category our judges assessed the cost for trades totaling AUD $5,000, including foreign exchange margins on moving funds to US settlement accounts.
Congratulations to:
Interactive Brokers, moomoo, Saxo Invested, and Webull
-
Share Trading
- International Markets
- Monthly fee
- $0.00
-
Trading Account
- International Markets
- Monthly fee
- $0.00
-
Classic
- International Markets
- Monthly fee
- $0.00
-
Webull Share Trading Platform
- International Markets
- Monthly fee
- $0.00
Casual ETF Investor
This award considers the lowest cost platforms for investors interested in the convenience of Exchange Traded Funds. In addition to brokerage costs, it considers any ongoing fees including potential dormancy charges, as well as any ETF trading discounts.
Congratulations to:
EasyEquities, moomoo, Saxo Invested, Stake, Superhero, Tiger Brokers, and Webull
-
Tiger Account
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
Share Trading
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
AUS Trading Account
- Monthly fee
- $0.00
-
Classic
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
ASX Share Trading
- Small Trade Brokerage
- $3.00
- Monthly fee
- $0.00
-
Share Trading Account
- Small Trade Brokerage
- $2.00
- Monthly fee
- $0.00
-
Webull Share Trading Platform
- Small Trade Brokerage
- $4.90
- Monthly fee
- $0.00
Regular Investor
As trading frequency increases, so do brokerage costs and the need for greater information. Our judges awarded three platforms for performing the best in this category.
Congratulations to:
CMC Invest, moomoo, and nabtrade
-
Share Investing
Standard
- Large Trade Brokerage
- 0.1%
- Monthly fee
- $0.00
-
Share Trading
- Large Trade Brokerage
- 0.03%
- Monthly fee
- $0.00
-
Bronze
- Large Trade Brokerage
- 0.11%
- Monthly fee
- $0.00
-
Silver
- Large Trade Brokerage
- 0.11%
- Monthly fee
- $0.00
-
Gold
- Large Trade Brokerage
- 0.11%
- Monthly fee
- $0.00
Active Trader
Access to international markets, advanced trading tools, and greater trade frequency and volumes were all factors considered to award the winner in the Active Trader category.
Congratulations to:
CMC Invest
-
Share Investing
CMC Pro Platform
- Large Trade Brokerage
- 0.1%
- Monthly fee
- $49.00
-
Share Investing
ALPHA
- Large Trade Brokerage
- 0.075%
- Monthly fee
- $0.00
What are the Mozo Experts Choice Awards?
Now in their twelfth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2025 Online Share Trading awards, we analysed 73 share trading platforms from 31 providers.
“There are many different online share trading services available, and part of maximising returns on your investments is ensuring that you're not paying more in fees than you need to,” Mozo Experts Choice Awards Judge Peter Marshall said.
“Whether you’re a casual trader or a seasoned pro, finding the right platform to trade on is imperative to get the best return on your investment. The winners of Online Share Trading Awards for 2025, are a great way to help you find the platform to best suit your trading needs.”
For details on how we crunched the numbers and determined our winners, see the 2025 Mozo Experts Choice Online Share Trading Awards methodology report.
Our Expert Judges
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
-
AJ Duncanson
-
Peter Marshall
-
Meredith Allan
-
George Hirst
-
Rumpa Saha
-
Afia Asha
FAQs
What is the best online share trading account?
There are so many different fees, features and options available with each different account, so the ‘best’ share trading account for you won’t be the same as it is for another investor, because every trader will have different needs and priorities.
If you’re after a share trading account that offers great value though, our 2025 Mozo Experts Choice Awards for Online Share Trading are an excellent place to start. In 2025, our experts analysed 73 different share trading platforms available in Australia from 31 providers to highlight outstanding options for casual, regular and active traders.
What are the different share trading orders?
A share trading order is how you buy or sell shares. There are a few different share trading orders which can be handy if you don’t have time to monitor your investments and market movements all day, every day. Here are three of the main types of orders:
- Market order: This means you’re buying or selling shares at the best possible price at the time your order reaches the market. Keep in mind that if the price of shares changes between the time you place the order and when your broker executes it, the price may be higher or lower than you were expecting.
- Limit order: This means that you’ve agreed to buy or sell shares once they reach a certain price point. For example, if you’re buying shares the order will only be executed once the price drops to the amount you’ve nominated - or lower - and vice versa for selling.
- Stop-loss order: As the name suggests, a stop-loss order is designed to limit the amount you could lose if shares you hold start falling in value. If your shares fall to a nominated value, then the stop-loss order is executed as an order to sell them at the best possible price.
What are ETFs, mutual funds and index funds?
- ETFs: An Exchange Traded Fund or ETF is a type of fund that contains a large number of shares and other investments. They are traded on an exchange, just like shares are, but they offer investors greater exposure to the market than a single share would.
- Index funds: A kind of ETF or mutual fund that’s designed to track a specific index (a benchmark which measures the performance of a particular market). That is, rather than trying to outperform the index, like many active investors set out to do, index funds try to replicate its performance. Because there’s less involvement with managing index funds, management fees are generally lower.
- Managed funds: A managed fund pools money from many people to invest in shares and other assets. They are operated by portfolio managers who decide which assets to invest in and monitor their performance. Unlike an ETF, mutual funds are not traded on an exchange, and trade only once a day.
What’s the Judging Criteria for the awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our Mozo Experts Choice Online Share Trading Awards methodology report for more detailed information on how we performed product comparisons and determined the final Online Share Trading Award winners for 2025.
Did you compare all online share trading providers in the market for these awards?
For the Mozo Experts Choice Awards, we aim to include most online share trading providers in the market. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.
Who are the Mozo Experts?
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a financial institution, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.