Best Investing Apps in Australia for Beginners (2025 Guide)
Best Investing Apps in Australia for Beginners (2025 Guide)
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Investing is one of the best ways to grow your wealth in the long run, yet it can look intimidating to begin with—especially if you’re a beginner. The good news, however, is that there are increasingly user-friendly investing apps available in Australia making it easier than ever to begin investing, even if you’re absolutely new to this.
In this guide, I’ll make it easy and divide the best investing apps for Australian newcomers into features, fees, advantages and disadvantages, and why they make the cut. Low fees? Robo-investing? Micro-investing? Stacking stocks? There’s an app for that!
Best Investing Apps in Australia for Newbies (2025)
| App | Best For | Sign-Up Bonus? | Fees | Sign Up |
|---|---|---|---|---|
| Raiz | Micro-investing & automated investing | ✅ $5 bonus | $3.50/month (for balances under $15,000) | Sign Up Here |
| Spaceship Voyager | High-growth portfolios with no hassle | ❌ No bonus | 0.10% – 0.05% p.a. management fee | Start Here |
| CommSec Pocket | Investing in ETFs with small amounts | ❌ No bonus | $2 brokerage fee (under $1,000) | Get Started |
| Pearler | Long-term investing with auto-invest | ❌ No bonus | $6.50 per trade (ASX) | Invest with Pearler |
| Stake | US stock trading with $0 brokerage | ✅ Free stock | Free ASX trades with a paid plan ($3 per ASX trade otherwise) | Get Your Free Stock |
| Superhero | ASX & US trading with low fees | ❌ No bonus | $5 ASX trades, $0 US trades | Join Superhero |
| eToro | Social trading & copy trading | ❌ No bonus | 1% fee on crypto & forex trades | Trade with eToro |
Okay, now let’s go a little deeper into each app and figure out which one is perfect for you!
1️⃣ Raiz – Best for Micro-Investing & Automated Savings
Perfect for: New buyers who desire to invest modest sums and construct their savings automatically.
Minimum deposit: $5
Charges: $3.50/month (on balances below $15K), 0.275% p.a. (on balances over $15K).
Join Raiz here and earn a $5 bonus!
Raiz simplifies investing by rounding up loose change from your daily spending and investing it automatically in a diversified ETF portfolio. It’s easy to build wealth without extensive market expertise.
Other Features:
Raiz Rewards: Get cashback rewards shopping with branded partners, invested automatically into your portfolio.
Personalized Portfolio Options: Invest in conservative, balanced, or aggressive options, and an ethical portfolio.
Recurring & Lump Sum Investments: Invest recurring deposits to grow your portfolio.
✅ Pros:
Completely automated investing—perfect for newbies.
Don’t have to worry about individual stocks.
Cashback rewards contribute to growing your savings.
❌ Cons:
Costly monthly fees with low balances.
Minimal investment choice control.
Pro Tip: If you’re new to investing, accumulating round-ups and a minimal recurring deposit can have your investments grow over time!
2️⃣ Spaceship Voyager – Perfect for High-Growth Portfolio Investing
Best for:
Hands-off investors looking to invest in growth-oriented portfolios.
Minimum Investment: $1.
Fees: 0.10% – 0.05% p.a. (portfolio size-based)
Invest with Spaceship
Spaceship Voyager has three portfolios to choose from:
Spaceship Origin (broadly diversified)
Spaceship Universe (high-growth tech-centric)
Spaceship Earth (sustainable investing)
✅ Pros:
No brokerage fees.
Low management fees.
Easy to use and ideal for long-term investors.
❌ Cons:
Fewer investment options – you can’t pick individual stocks.
Better for passive investors instead of active traders.
3️⃣ CommSec Pocket – Ideal for ETF Investing on a Low Budget
Ideal for: Investors who wish to invest in ETFs but lack plenty of cash. Minimum Investment: $50???? Charges: $2 per transaction (under $1,000)???? Try CommSec Pocket
CommSec Pocket makes it easy to start investing in seven theme ETFs with a minimum of $50.
✅ Pros:
Low entry point for ETF investing.
No annual fees, only a per-trade fee.
Supported by Commonwealth Bank, a reliable bank.
❌ Cons:
Restricted choice of ETFs.
$2 trading fee might be expensive for active use.
4️⃣ Pearler – Long-Term Investing & Auto-Investing Best
Good for: Investors seeking a “set-and-forget” long-term investment strategy.???? Minimum to Invest: $1???? Fees: $6.50 per ASX trade???? Invest with Pearler
Pearler offers auto-investing capabilities, and you can invest in ETFs and shares periodically.
✅ Pros:
Fosters long-term investing patterns.
Supports dollar-cost averaging.
Clean and simple interface.
❌ Cons:
No support for US stocks.
Has more brokerage charges than others.
5️⃣ Stake – Ideal for Commission-Free US Stock Trading
Best for: Australians who wish to trade US shares without a brokerage. Minimum Amount: $0? Charges: Free ASX trades if you have the paid plan, $3 per ASX trade otherwise Sign up to Stake today
✅ Advantages:
No commission US stock trading.
Simple interface.
Fractional investment is supported.
❌ Disadvantages:
There are fees for ASX trading if you do not have the paid plan.
There are currency conversion charges when you fund the account.
6️⃣ Superhero – Best for ASX & US Trading with Low Charges
Ideal for: Those seeking to purchase cheap access to the ASX and US markets.???? Minimum Invest: $100 (ASX) / $1 (US)???? Fees: $5 trades ASX, $0 US trades???? Open an account at Superhero
✅ Pros:
Low brokerage on the ASX.
No brokerage on US shares.
Simple funding through bank transfer.
❌ Cons:
Extremely limited access to higher end trading facilities.
No access to managed funds or ETFs.
7️⃣ eToro – Ideal for Social & Copy Trading
Best for: Newbies who aspire to copy successful traders. Minimum investment: $50 Commissions: 1% commission on crypto & forex trades. Trade on eToro
✅ Advantages:
Copy trading empowers you to duplicate mature investors.
Multiple assets, including stocks, crypto, and forex.
Easy-to-use platform with social aspects.
❌ Drawbacks:
Increased commission on crypto and forex trading.
Restricted access to ASX shares.
Final Thoughts: Choosing the Best Investing App for You
Investing has never been more accessible, and with the right app, you can start building wealth with ease—even as a beginner. Whether you prefer micro-investing with Raiz, long-term portfolio growth with Spaceship Voyager, or commission-free US stock trading with Stake, there’s an option to suit your financial goals and investment style.
Each platform has its own strengths, from automated savings to hands-on stock trading, so the best choice comes down to your personal preferences, budget, and risk tolerance.
Pro Tip: Start small, stay consistent, and focus on the long term—successful investing is about patience and discipline.
Now that you know the top investing apps in Australia, it’s time to take action. Pick the one that fits your needs and start your journey toward financial growth today!
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