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Investing | Betashares Direct 4+
Zero brokerage investing
Betashares
-
- Free
iPhone Screenshots
Description
Betashares Direct is the investing platform designed to help you build wealth, your way. Built by Betashares, one of Australia's leading ETF managers.
Invest in all ETFs and 300+ shares traded on the ASX with zero brokerage. Set recurring orders into up to 5 Betashares ETFs with Auto-invest, access professionally constructed pre-built portfolios or build your own custom portfolio.
- Zero brokerage on all ETFs and 300+ shares traded on the ASX -
Break free from brokerage and invest in any ASX-traded ETF - whether Betashares or other manager - and 300+ ASX shares with zero brokerage.
Minimising costs helps to maximise your investment returns. Invest brokerage-free in all ETFs and 300+ shares traded on the ASX.
*Refer to the PDS for information on interest retained by Betashares on cash balances.
- Auto-invest -
Auto-invest allows you to set up recurring investment in up to five Betashares ETFs, brokerage free, making it simple to automate your dollar cost averaging (DCA) investing strategy.
- Managed Portfolios -
Access low-cost diversified portfolios. Constructed from ASX-traded ETFs. ETF selection, portfolio weightings and rebalancing managed by our investing experts. Set up automatic investments via direct debit or make a one off investment. Zero brokerage and low monthly portfolio fees.
*Refer to the PDS for information on interest retained by Betashares on cash balances.
- Custom Portfolios -
Build your own custom portfolio in a few simple steps. Choose from all ETFs and 300+ shares traded on the ASX and determine how they are weighted in the portfolio. Set up automatic investments or make a one off investment. Zero brokerage and low monthly portfolio fees.
*Refer to the PDS for information on interest retained by Betashares on cash balances.
- Transfer your portfolio -
Moving your holdings to Betashares Direct from another account or online broker is simple. No transfer fees charged by Betashares to transfer your holding to Betashares Direct. No CGT implications*. We handle the transfer for you.
*Assuming there is no change in beneficial ownership. You should consult your tax adviser before making any investment decision.
- Choose your account type-
As well as individual accounts, Betashares Direct accounts are available to self-managed super funds (SMSFs) and trusts. Easily switch between accounts on a single login. Kids, joint and company accounts coming soon.
- Tools and reporting-
Betashares Direct includes personalised tax and performance reporting alongside a range of powerful yet intuitive tools that help you be a better investor. Real time performance reporting and pre-filled EOFY tax statements.
- Fractional investing and automatically reinvested distributions -
Invest the exact amount you want (for market orders only). Similarly, distributions are reinvested in full, with no cash component left sitting uninvested. Choose to have distributions on ETFs reinvested or taken in cash (for holdings outside Managed Portfolios).
- Local support -
Access support your way: whether it be live chat, email, or phone, our expert Australian-based support team is here to help.
- Account protection -
We use the latest open banking technology to protect your account, as well as Biometrics (Face ID) and multi-factor authentication (MFA) via email and SMS.
- Built by Betashares -
Betashares Direct is built by Betashares, one of Australia's leading ETF managers. We've been helping Australians to financially progress for over a decade, currently serving over 1 million investors and managing over $40 billion in assets.
Betashares Capital Limited (ABN 78 139 566 868, AFSL 341181) is the issuer of Betashares Invest, the IDPS-like scheme available via Betashares Direct. Read the Product Disclosure Statement and the Target Market Determination, available at www.betashares.com.au, to consider whether the product is right for you. Investing involves risk.
What’s New
Version 2.1.7
• Bug fixes and optimisations
Ratings and Reviews
Great start but still needs more updates
Great app and service. Very user friendly, easy to use, Autopilot very well laid out and clearly updates are rolling out frequently to improve the app which is nice to see (most recently adding in 2FA which should of been in from the start). As of right now I have two main criticisms.
- Autopilot Portfolio, needs to display the amount of units held somewhere, currently only displays total dollar value. I know I can calculate it manually but that is annoying.
- Autopilot Portfolio, if you elect to not have your portfolio rebalanced annually or quarterly, there needs to be a rebalance button to trigger a manual rebalance request. Currently the only way to manually trigger a rebalance is to change your portfolio allocation weighting which is inconvenient. To add to this, it would be nice if the app shows the current weighing of your portfolio so you can see in real time how much your portfolio has deviated due to market movements from your elected allocations.
Developer Response ,
Thanks so much for the feedback! I have passed this to our product team to consider for Autopilot enhancements. Glad you're enjoying the app.
More comparison tool
Really like the UI and extra information on explaining different terms. Nice and easy for investment beginners. Would love to have some tool of comparison or filter in the watchlist if possible. Things like percentage of price drop, percentage of management fees etc. or if we can select what criteria we want to use for filtering or sorting.
Best way to buy ETF’s
I find the app very easy to trade on, I can buy 1 share of an ETF or just a small amount of money each day into an ETF and no fee!
Recently started Auto pilot where I can add up to 10 ETF’s which is great and set it up to buy each week set and forget.
I can also add more money as I wish and it automatically buys a set percentage of each ETF as I have requested them to be bought each time I add funds.
I turned off rebalancing to avoid any tax impact of capital gains and to avoid selling a percentage of an ETF performing well just to have a neat looking portfolio of percentages.
If a particular ETF going well then let it rip to the upside!
It’s still a new app so look forward to any new features, one thing would be nice is daily profit as only shows total profit but I have another portfolio app I can track my gains with as I add the details which this app provides great detail of your purchases.
But overall I recommend this and its so easy to trade for free, unless you use autopilot but the fee is low considering the time you save by setting and forgetting and no buy / sell fees which are $3 each minimum on other apps.
👍
App Privacy
The developer, Betashares, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer's privacy policy.
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- User Content
- Identifiers
- Usage Data
- Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- Betashares Holdings PTY LTD
- Size
- 54.8 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 15.0 or later.
- iPod touch
- Requires iOS 15.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © 2024 Betashares Holdings Pty Ltd
- Price
- Free