With the rise of micro-investing apps, it’s no surprise that nearly one in five Australians now use an online investing platform. However, it’s worth remembering that not all platforms are equal. Top Investment Apps Australia offers different features and investment options, which come with varying risk profiles and rates of return. So, before you sign up to the “best investment app”, or even the one an online ’fin-fluencer’ strongly vouches for (they might be getting paid to do so), make sure the platform and what it offers is right for your investing goals.

The good news is that there’s plenty of choice when it comes to using an investing app – in fact, the most common platforms used by Aussies are CommSec Pocket, Raiz and Spaceship. Among the 25-34 age group, Spaceship is also the most widely known platform, with awareness of the app sitting slightly ahead of CommSec Pocket and Raiz.

Top Investment Apps in Australia for Android & iOS

Certified B-Corp Sharesies is another popular option in the country, offering low-cost and convenient access to shares through a managed portfolio of Australian and US companies that are seen as having potential for growth or making a positive impact. Sharesies’ auto-invest feature allows you to invest small amounts regularly, and you can set a target FIRE (financial independence, retire early) date or just choose a slow and steady buy-and-hold strategy.

If you’re looking for a more comprehensive trading experience, IG is one of the country’s leading apps that provides an advanced trading platform with a wide range of markets and instruments, plus educational resources and research tools. However, the brokerage fees can add up if you trade more frequently, as they’re charged on all buy and sell orders.