Who is Interactive Brokers Group?

When she's not writing about the markets you can find her demoing the latest trading app. Interactive Brokers Group was launched in the United States over 40 years ago and opened offices in Australia in 1997. Today, it’s one of the oldest share trading platforms on the market, servicing 125 global markets.

What are the best online brokers in Australia?

And now, let's see the top international online brokers for 2023 for residents in Australia in detail one by one, starting with the winner, Interactive Brokers. AFSL 491139. Capital at risk. See PDS and TMD. Which is the cheapest broker in Australia? There is no such thing as the cheapest broker in Australia.

Is Interactive Brokers better than Westpac?

Interactive Brokers is our top pick for professionals because of its institutional-grade desktop trading platform. Professionals aside, Interactive Brokers also appeals to casual investors thanks to its Client Portal web trading platform. Read full review Westpac is a more expensive option for Australians.

Who oversees brokers in Australia?

Brokers operating in Australia are overseen by the Australian Securities & Investments Commission (ASIC). ASIC is Australia's corporate, markets and financial services regulator. It is an independent Australian Government body.