Just spent way too much time comparing trading apps in Australia and honestly, it's a mess out there. Everyone's claiming they're the best, but it really depends on what kind of trader you are. Like, if you're just starting out, you need something simple. If you're day trading constantly, fees will destroy your profits even if they seem tiny.

So here's what I found after testing a few. For beginners or people who want flexibility with global markets, Mitrade keeps coming up. Zero commission, 700+ assets to trade, and they've got a free demo account so you can practice without risking anything. That's actually huge because most apps don't let you do that. They're ASIC regulated too, which matters if you're in Australia. The catch is it's CFD trading only, so you don't own the actual shares, and overnight fees apply.

If you want something super straightforward for long-term investing, Stake is solid. Low fees, simple interface, good for DCA strategy. But honestly, their market selection is limited compared to others. eToro is famous for copy trading, which appeals to beginners who want to follow experienced traders. Interactive Brokers is the powerhouse if you're serious—lowest fees globally and access to 150+ markets, but it's complicated as hell for newcomers.

Tech traders swear by Webull because of the charting tools and indicators. Real-time data, advanced analysis, but again, not beginner-friendly at all.

The real question isn't which is objectively best—it's which fits your style. Occasional trader? Stake. Active day trader? Mitrade because commissions will kill you. Want global exposure? Interactive Brokers. New to this? Start with a demo account first, seriously. I can't stress that enough.

One more thing: don't get fooled by 'zero commission' claims. Check for hidden costs like FX spreads, withdrawal fees, overnight charges. That's where they get you. And obviously, make sure whatever app you pick is regulated by ASIC. Client fund protection matters.

Anyone else have experience with these? Curious what's working for people actually trading in Australia right now.