SelfWealth Voted Cheapest Online Broker for the Third Year in a Row!

SelfWealth Voted Cheapest Online Broker for the Third Year in a Row!

For the third year running, SelfWealth has taken out the Money Magazine ‘Best of the Best Cheapest Online Broker’ award for 2020. With great delight, SelfWealth adds this award to a growing collection that recognises our rise as Australia’s fastest-growing retail share trading platform, offering the lowest flat-fee brokerage of any Australian broker. 

Money Magazine’s Best of the Best Awards compare thousands of financial products and services from hundreds of different businesses, ultimately leading to a selection of gold-winning products within various categories.

Now in its 19th year, this prestigious award from Australia’s longest-running and most-read personal finance magazine is a significant achievement for SelfWealth. The trifecta of awards from Money Magazine represents expert validation that SelfWealth has been able to create an industry-disruptive and innovative trading account separate from that of any other Australian share trading platform. 



With no commissions, members may buy and sell shares for a flat fee of $9.50 per trade, regardless of the size of the trade. It is this unparalleled value proposition that also helped SelfWealth lay claim to Money Magazine’s 2018 and 2019 Best of the Best Awards for Cheapest Online Broker.

Since then, the improvements have kept on coming, with the SelfWealth trading platform seeing a host of upgrades that continue to drive new and experienced investors to join our community. There are now more than 20,000 members with SelfWealth share trading accounts, with many investors applauding its ease of use and the one-of-a-kind peer-to-peer portfolio management tools SelfWealth offers. 

Beating a field of contenders to claim top honours for 2020, the award comes at an exciting time for SelfWealth following the debut of the SelfWealth SMSF Leaders ETF (SELF) earlier this month, and the launch of SelfWealth Adviser Platform in September, Australia’s first percentage-fee-free non-custodial platform. 

Since SelfWealth was formed in 2012, our goal has been to revolutionise the way Australians invest in the stock market. Being recognised as the cheapest online broker is the sort of praise that affirms that objective, while also motivating the SelfWealth team to continue adding value to a product that helps investors trade smarter, every time.


For more information on the award or any other questions about our share trading platform, please contact


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SelfWealth Ltd ACN 52 154 324 428 (“SelfWealth”) (Australian Financial Services Licence Number 421789). The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Taxation, legal and other matters referred to on this website are of a general nature only and should not be relied upon in place of appropriate professional advice.

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