Canstar's 2023 International Share Trading

Outstanding Value – International Share Trading Award

Australia’s largest comparison site, Canstar, releases its
2023 International Share Trading Star Ratings and Awards.

Released: 19 October, 2023

About the International Share Trading Award

Canstar’s International Share Trading Awards recognise the providers that deliver outstanding value to its customers with top performing services available in Australia.

Learn more about our Award process in our methodology.

2023 International Share Trading logo

Numbers crunched by Canstar Researchers

  • 21 Providers assessed
  • 23 Products rated
  • 3 Award winners

Read our methodology →

View the full Star Ratings results →

View all Star Ratings and Awards →

Congratulations to the Award winners

(Winners are listed alphabetically)

Interactive Brokers

Outstanding Value Award – International Share Trading
Maintaining an Award this year, Interactive Brokers was found by Canstar Researchers to consistently deliver outstanding value through its highly competitive brokerage costs and some of the narrowest foreign exchange margins in the current market.
Established in 1977, Interactive Brokers provide direct-access trade execution and clearing services to investors, active traders and institutions. The platform offers investors access to a wide range of international stocks, as well as live updates and a versatile suite of research and trading tools.

Tiger Brokers

Outstanding Value Award – Tiger Trade
Tiger Brokers has retained its Award this year, which Canstar Researchers attributed to their competitive pricing. Tiger Brokers continues to offer competitive brokerage fees and FX margins.
Tiger Brokers started in 2014 and now claims to have 9 million users worldwide as a NASDAQ listed global company.

Webull

Outstanding Value Award – Webull
Webull achieved an Award for its high level of features offered as well as competitive brokerage costs. Canstar Researchers noted this combination makes Webull an accessible option to Australian investors, but also a good option for investors wanting to take it to the next level.
Launched in Australia in 2022, Webull is a trading platform that offers trading in US stocks, ETFs, options on American Depositary Receipts (ADRs) and fractional shares.


Does Canstar rate other products?

 

 

About Canstar

Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest ratesbuy now pay later (BNPL)business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.

FAQs

Canstar’s expert researchers review the overall value offered by a provider for its products in a financial services category. We consider metrics such as price and costs against features and functionality, with all of the competitors in a category compared using Canstar’s unique research methodology. The products or providers recognised as winners are those that offer the highest overall value proposition.

In addition to Canstar’s Star Ratings that appear in our comparison tables, Canstar gives Outstanding Value Awards that identify providers with high-performing products. Separately, Canstar’s Customer Satisfaction Awards reveal how content customers are with a particular financial institution or insurance provider.

Canstar recognises financial institutions with annual Awards for outstanding value across a wide range of product categories. These Awards are given to the providers whose products are the strongest overall performers in our Star Ratings over the award period.

Canstar’s Customer Satisfaction Awards are for providers, recognising institutions with the most satisfied customers overall based on consumer surveys.

As Australia’s biggest financial comparison site*, Canstar compares more than 775 brands across more than 30 finance categories. Each of Canstar’s Star Ratings and Awards uses a unique methodology that is brought together by our expert Research team, with products analysed based on price and features. The top 10% of products are recognised with a 5-Star Rating. You can find out more about how Canstar’s value-based rating system works.

For media enquiries, commentary or analysis about Canstar’s Star Ratings and Awards, including our Outstanding Value Awards or Customer Satisfaction Awards, please contact our Corporate Affairs team.


About: Josh Sale, Group Manager, Research & Ratings

Headshot of Josh Sale, Canstar

Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)

Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.

As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.

Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.

Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.

You can follow Josh on LinkedIn, and Canstar on Twitter and Facebook.


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