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Compare share trading apps & platforms in New Zealand

Find the best share trading platforms to trade US, NZ and international shares and funds.

Promoted for Low costs

  • Intuitive, user-friendly platform
  • Low investing fees
  • Access to NZ, AU and US markets

Share Fee

$25

Monthly Fee

$0

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Promoted for Global stock trading

  • Access 80+ global markets
  • Extended trading hours
  • 24/6 locally based support

Share Fee

$9.00 (NZ Shares)

Monthly Fee

$0

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Promoted for US stock trading

  • Get $20 when you deposit $100+
  • Low fees
  • No minimum investment

Share Fee

$3.00

Monthly Fee

$0

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Compare share trading platforms

Name Product Min. Monthly Fee Available Investment Types Available Markets Offer
BlackBull Markets Share Trading
$0
Shares, ETFs
US, NZ, AU, Funds with exposure to multiple markets
Sharesies
$0
Shares, ETFs, Managed Funds, Index Funds
US, NZ, AU, Funds with exposure to multiple markets
OFFER
Hatch
$0
Shares, ETFs
US
OFFER
Tiger Brokers
$0
Shares, ETFs, Options
US, AU, Funds with exposure to multiple markets
OFFER
Stake
$0
Shares, ETFs
US
Rockfort Markets Share Trading
$20
Shares, ETFs
US, AU, Funds with exposure to multiple markets
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How to compare share trading platforms

Before signing up for a share trading app or platform, consider these factors:

  • The fees. Most online trading platform will charge you a brokerage fee when you buy or sell shares. However, fees may be calculated as a percentage of the transaction amount for larger trades and may also be lower depending on how frequently you trade. Some providers also charge ongoing subscription or inactivity fees on top of this, especially with the more feature-dense platforms.
  • Available securities. Some trading platforms will not only give you access to New Zealand shares but also US and other international shares. Others will also allow you to trade a range of other instruments so look for this functionality if it’s important to you.
  • Research tools. Beginners may want an app with educational resources, while active traders will need robust analytics tools.
  • Mobile support. Apps typically aren’t as robust as some desktop versions of the same platform. (Note: Not all apps also offer a corresponding desktop trading platform.) Check feedback in Google Play and the App Store.
  • Customer feedback. Explore customer feedback in places like the Better Business Bureau and Reddit to find out what investors really think about the platform.

Benefits and risks of share trading platforms

Benefits

  • Control your investments. Online brokers give you the ability to take charge of your finances and invest your money in a range of local and global financial instruments.
  • Convenient. You can trade shares and boost your investment balance all from the comfort of your own home. Trading shares online can require much less legwork than for example, investing in property.
  • Affordable. The online share trading sector is becoming increasingly competitive, which is great news for consumers because it means better features and lower fees. The cost of buying and selling shares online has dropped markedly over the past couple of decades.
  • Information at your fingertips. Many share trading platforms give you access to a wealth of market news and company information to help you make informed trading decisions.

Risks

  • Lack of knowledge. The fact that you get to take full control of your investments can be a double-edged sword. While it allows you to take charge of your finances, it also means that you must rely on your own know-how to buy and sell shares. If you don’t know what you’re doing you can lose a significant amount of money.
  • Temptation to take risks. When you’re able to buy and sell shares in just a few quick clicks, it can be easy to forget that you’re dealing with real money and not just playing a game. Remember, these are serious financial decisions you are making and all trading carries a degree of risk.
  • Error. A simple typo and a failure to proof-read any buy or sell orders before you place them could cost you a lot of money. Review your orders closely before you submit them.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of stocks, ETFs or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Stocks and ETFs trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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