Best CHESS-sponsored brokers for Share Trading Platforms | Mozo

In the world of share trading, having your shares registered directly in your name for added security is a top priority. This is where CHESS-sponsored brokers come into play, offering a level of ownership and protection that many investors seek.

To make things easier for investors, the 2024 Mozo Experts Choice Awards have highlighted some of the best share trading platforms that offer CHESS sponsorship. Among the top brokers recognized for their excellence are Moomoo, CMC Invest, Saxo Markets, and Stake.

Moomoo, a CHESS-sponsored broker, has been recognized for its cost-effective options for ETF investments and smaller trades in ASX shares. With awards in the Casual ASX Investor and Casual ETF Investor categories, Moomoo stands out for its affordability and user-friendly platform.

CMC Invest, on the other hand, is known for its competitive costs and powerful trading tools, making it a popular choice among active investors. With awards for Online Share Trader of the Year for Active Investors and Casual US Trader, CMC Invest offers a robust platform for those looking for frequent trading opportunities.

Saxo Markets has been named the top choice for casual investors, winning the title of Online Share Trader of the Year for Casual Investors. With access to over 50 exchanges and more than 23,500 stocks, Saxo Markets is ideal for those looking to invest infrequently with a long-term focus.

Lastly, Stake continues to impress with its low costs and accessibility to US markets. With a flat brokerage fee for ASX trades and access to over 2,000 ASX stocks and ETFs, Stake is a solid option for investors looking to reduce their costs and streamline their trading experience.

Before making any decisions, investors are encouraged to compare online share trading platforms and consider factors such as brokerage fees, special offers, and platform features. With the right broker, investors can navigate the world of share trading with confidence and security.