In today’s fast-paced digital economy, mobile trading apps are no longer just a convenience—they’re essential tools for modern investors. Whether you're trading stocks during your lunch break or checking your crypto portfolio while commuting, Australians in 2025 have access to some of the most powerful, feature-rich trading apps on the market.
This blog post dives into the top 5 mobile trading apps for Australian investors, comparing their features, fees, and usability so you can choose the right platform for your investment goals.
Why Mobile Trading Matters More Than Ever
Australians are increasingly managing their investments through smartphones. According to the Australian Securities and Investments Commission (ASIC), over 60% of new retail investors in 2024 preferred mobile-first platforms. The rise of micro-investing, cryptocurrency, and younger investor demographics has made mobile platforms not only relevant—but necessary.
But with so many apps out there, which ones are actually worth your time?
1. SelfWealth
Best for: Low-Cost Australian Share Trading
SelfWealth is a top-rated app for ASX investors who value low, flat-fee pricing and simplicity. It offers $9.50 flat-rate trades with no ongoing account fees, making it attractive to frequent traders.
Pros:
- Flat-fee trades (no percentage-based commissions)
- Access to both ASX and U.S. markets
- Clean, intuitive mobile interface
- Regulated by ASIC
Cons:
- No access to crypto or advanced technical analysis tools
- No real-time chat support on mobile
Perfect for: Budget-conscious investors who want transparency and reliability.
2. CommSec
Best for: Integrated Banking and Trading
As one of Australia's largest and most trusted platforms, CommSec (by Commonwealth Bank) is widely used by retail investors. Its mobile app offers full-featured trading and is especially appealing to those who already bank with CommBank.
Pros:
- Strong reputation and regulatory trust
- Seamless integration with CommBank accounts
- Robust research tools and company data
Cons:
- Higher trading fees compared to low-cost platforms
- App design feels slightly outdated compared to newer players
Perfect for: Conservative investors who want an all-in-one solution from a major bank.
3. Stake
Best for: Commission-Free U.S. Stock Trading
Stake revolutionised access to the U.S. stock market for Australians, and its app continues to lead in commission-free U.S. trades. It also recently expanded into ASX trading, adding more flexibility.
Pros:
- Commission-free trades on U.S. stocks
- Sleek, modern mobile interface
- Instant funding and fractional shares available
- Now includes Australian stocks (with a separate pricing model)
Cons:
- ASX trades are not commission-free
- Limited in-app research tools
Perfect for: International investors and younger traders looking to build a U.S.-focused portfolio.
4. eToro Australia
Best for: Crypto + Copy Trading
eToro combines traditional investing with social trading features, allowing users to copy top-performing traders. It also supports cryptocurrency, making it one of the most versatile mobile apps in the space.
Pros:
- Trade stocks, ETFs, crypto, and commodities
- Social/copy trading features
- User-friendly mobile interface
Cons:
- Fees on crypto withdrawals and currency conversion
- Spread-based pricing (less transparent than flat fees)
- Limited ASX exposure
Perfect for: Investors interested in crypto and passive strategies like copy trading.
5. Superhero
Best for: ASX & U.S. Stocks with Low Fees
Superhero is a newer player that’s quickly gained traction thanks to its $0 brokerage on ETFs and low-cost trades on ASX and U.S. shares. The app is designed for beginner-to-intermediate investors and offers a smooth, minimalist mobile experience.
Pros:
- $0 brokerage on ASX ETFs
- $5 flat fee for ASX trades; $0 for U.S. shares
- Intuitive app with portfolio performance tracking
Cons:
- Limited access to advanced order types
- Fewer research tools compared to CommSec
Perfect for: Investors who want a modern, low-fee app without the clutter.
What to Consider When Choosing a Mobile Trading App in Australia
Before committing to a platform, consider the following:
- Regulation: Always choose ASIC-regulated platforms for investor protection.
- Fees: Review both brokerage fees and any hidden costs like FX conversion or inactivity fees.
- Markets Available: Do you want ASX-only? Or also U.S., crypto, ETFs, and commodities?
- Usability: A smooth app interface matters if you plan to trade often on-the-go.
- Support & Education: Good customer service and learning resources can make a big difference, especially for beginners.
Conclusion: Which App Is Right for You?
There’s no one-size-fits-all answer. If you’re focused on Australian shares, SelfWealth or Superhero are great low-cost choices. Want to dive into U.S. stocks? Stake is a clear winner. Interested in crypto or copy trading? Try eToro. And if you already bank with CommBank and prefer a traditional route, CommSec offers depth and security.
No matter your level of experience, the right trading app can save you money, improve your decision-making, and give you control—all from your pocket.
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