International share trading platforms allow you to buy and sell securities in companies listed on some of the world’s largest stock markets.
Canstar has evaluated 14 international share trading platforms from nine providers on our database and have announced three 5-Star rated products to help narrow your search for a platform that provides outstanding value.
This is the second year Canstar has rated international share trading platforms since launching the Star Rating for that category last year.
And for the second year running, IG, Interactive Brokers Australia and Saxo Capital Markets are the three providers of international share trading platforms to receive a 5-Star Rating for offering outstanding value.
Here are the key reasons why they were standouts within the market:
IG has been awarded a 5-Star Rating for outstanding value due to its competitive brokerage fees and excellent trading platform features.
The platform provides consumers access to four main markets: US (S&P 500, DOW 30, NASDAQ 100 and many other small cap US stocks), UK (FTSE 100, FTSE 250 and many other small cap UK stocks), Germany (DAX, HDAX, MDAX) and Ireland (ISEQ).
On US trades, IG’s brokerage is $US35 cheaper compared to the market average and £46 cheaper than the market average for the UK.
IG does not charge ongoing fees in either market, which is particularly beneficial for investors trading in low amounts.
IG provides a range of research tools that gives investors access to company and market information, including trading alerts and automated trading where investors can design and action their own buy or sell strategies.
Canstar Research also made mention of IG’s mobile optimised features, designed to help investors identify and respond to opportunities.
Interactive Brokers Australia
Interactive Brokers Australia won a 5-Star Rating for having the lowest brokerage fees for Australian-based investors playing stock markets in the US or UK.
The platform gives investors access to 120 stock exchanges across 22 overseas markets, including market data provided 24 hours a day, six days a week.
Investors can trade live directly from the platform and have access to more than 40 technical indicators and drawing tools, including integrated charts.
Interactive Brokers’ platform also provides access to news and analysis from its in-house experts and third-party providers.
Saxo Capital Markets
Saxo Capital Markets provides a platform with excellent accessibility and service functionality for users.
Investors can trade live from the platform, have access to integrated charts and can use more than 40 technical indicators and drawing tools.
It also provides news and analysis from in-house experts and third-party providers and gives investors access to 36 stock exchanges worldwide.
It comes with competitive brokerage fees in the UK market while also using a per-share brokerage structure in the US market.
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