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OpenInvest

www.openinvest.com.au
At a glance
Monthly platform fee
$7/month
CHESS sponsorship model
custodian
ASX ETFs supported
Yes
Auto-invest / DCA
Yes

What it costs

Brokerage, account fees, withdrawal fees

Monthly platform fee
Recurring monthly account or platform fee.
$7/month
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What you can buy

Markets, ETFs, options, crypto

ASX shares supported
Whether the platform supports trading of ASX-listed equities.
Yes
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ASX ETFs supported
Whether the platform supports ASX-listed ETFs.
Yes
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US shares supported
Whether the platform supports trading of US-listed equities.
No
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US ETFs supported
Whether the platform supports US-listed ETFs.
No
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Fractional shares (ASX)
Whether ASX shares can be purchased in fractional units.
No
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Fractional shares (US)
Whether US shares can be purchased in fractional units.
No
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Options trading
Whether platform supports exchange-traded options.
No
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CFDs supported
Whether platform offers contracts for difference.
No
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Managed funds
Whether platform offers unlisted managed funds.
Yes
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Bonds supported
Whether platform offers direct bond trading.
Yes
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IPO access
Whether platform provides access to IPO subscriptions.
No
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How shares are held

CHESS sponsorship, custodian, account types

CHESS sponsorship model
Whether ASX shares are held under CHESS sponsorship (in user's name with own HIN), custodian (held in trust by broker), or mixed.
custodian
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Individual HIN
Whether CHESS-sponsored shares are held under user's own individual HIN (vs. pooled HIN).
No
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Individual account
Whether platform supports individual (single-name) accounts.
Yes
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Joint account
Whether platform supports joint accounts (typically two parties).
Yes
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Company account
Whether platform supports company (Pty Ltd) accounts.
Yes
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Trust account
Whether platform supports family / discretionary trust accounts.
Yes
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SMSF account
Whether platform supports self-managed super fund accounts.
Yes
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Trading features

Auto-invest, conditional orders, after-hours

Market orders
Whether platform supports market orders (buy/sell at current best price).
No
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Limit orders
Whether platform supports limit orders.
No
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Stop loss orders
Whether platform supports stop-loss orders.
No
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Auto-invest / DCA
Whether platform supports automatic recurring investment.
Yes
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Auto-invest sophistication
How sophisticated the auto-invest feature is.
rebalancing
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DRP (dividend reinvestment)
Whether platform passes through DRP elections to issuers.
No
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Tax & reporting

Statements, capital gains, integrations

Australian tax statement
Whether platform provides an Australian-format annual tax statement.
Yes
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Distribution component breakdown
Whether tax statement breaks down trust distributions into income / capital gains / franking components.
Yes
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CGT calculator / report
Whether platform provides realised capital gains/losses calculation.
Yes
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Money in & out

Minimum deposits, methods, withdrawals

Minimum initial deposit
Minimum amount required for first ASX share/ETF purchase.
$20,000
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Platform & support

Apps, education, security

iOS app
Whether platform offers an iOS app.
No
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Android app
Whether platform offers an Android app.
No
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Desktop platform
Whether platform offers an installable desktop application (vs. web only).
No
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Demo account
Whether platform offers a demo / paper trading account.
No
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Customer support channels
Support channels offered (phone / email / live chat / in-app).
phone, email
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Support hours (AU time)
Hours customer support is available in AET.
8:00am-6:00pm AET, business days
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Education content
Quality and depth of platform-provided educational content.
structured
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Trust & regulation

Entity, AFSL, parent

Legal entity name
Full registered legal name of the entity providing the platform.
OpenInvest Limited
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AFSL number
Australian Financial Services Licence number issued by ASIC.
504,155
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Year founded
Year the platform first offered services to Australian retail investors.
2,017
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Parent / ownership
Ultimate parent company or owner of the platform.
Privately owned (founder-led)
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Country of incorporation
Country where the operating entity is incorporated.
AU
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Public company status
Whether the platform or its parent is publicly listed.
private
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Every fact above came from www.openinvest.com.au. Click "source" to see the exact page and quote we extracted from. Pricing changes often — verify on the platform before you commit.