Online Trading With Your Bank

Online stock trading is an appealing proposition to many would-be investors, and now many of Australia's largest and most popular banks are offering customers the chance to purchase stocks online on the Australian stock market. The advantages to online trading are numerous, and apart from the low brokerage fees, many people feel that stock markets are simply more accessible online.

One large bank that is offering online stock trading is the Commonwealth Bank. It has just given customers the opportunity to open an account that gives great interest rates, all the usual access to funds such as debit cards and online banking, and a dedicated stock trading account that you can start trading with from as little as $500 (plus brokerage fees).

The CommSec account is virtually fee free, and for those of us interested in online trading, you have access to a variety of stock tips, stock market news and stock market software that can be used to chart and collate stock market information. As statistics show that online trading often attracts new investors that don't fully understand how a stock exchange works, this extra information and service could prove useful.

Another bank offering a premium online trading service is St George with its DirectShares product. All you need to start online stock trading with St George is an applicable account and the funds necessary to invest. With brokerage fees beginning from as little as $21.95, it's easy to see why people are beginning to sway towards online stock brokers.

St George DirectShares also offers an appealing array of stock market software and information tools that all levels of investors can access to further assist their stock trading decisions. St George boasts individual care from real people, so just because you are trading online, does not mean your service will be compromised.

These are just two online stock brokers combining your daily banking with your potential investment needs, and there are plenty of competitive products out there to suit a range of requirements. Just be sure to do your research thoroughly, and utilise a financial professional if you are uncertain to avoid losing your hard-earned investment money.