Australia’s next evolution stockbroker
OpenMarkets is a technology-driven stockbroker that specialises in execution-only brokerage services for trading on the Australian markets. We power traders, advisers and intermediaries with high quality trading solutions that’s at the forefront of innovation.
Unlike a conventional broker, our technology is open to third party integration, with the aim of bringing a more connected world for our traders.
Our growing network of partners include banks, ‘robo’ advisers, administration platforms and software developers, who are working with us to help make trading the financial markets more powerful than ever.
Our collaborative approach, open technology and pioneering attitude allows us look beyond tradition and think about what’s next – making OpenMarkets the broker of the future and ideal partner for the wider financial services industry.
See Company News for the latest on OpenMarkets developments.
What makes us different?
We are passionate about bringing innovation and service back into this industry. With 80% of the industry controlled by the banks, it’s no wonder online investing hasn’t advanced as much in Australia as it has overseas. Being independently-owned means we’re not incentivised to sell cash or lending products but rather to develop our services in the best interests of the end investor – and we’re excited about that.
Our web and desktop platforms are built with cutting-edge trading and market analysis tools, designed to support the demands of all levels of investors, including financial advisers and intermediaries.
Our infrastructure is hosted in the Amazon Cloud with Tier 1 hosting in the ASX Liquidity Centre – giving us the power to handle the busiest of trading days while providing split second execution of your trades.
We don’t pool assets like some other brokers. Everything is registered and held in your own name: securities, managed funds and cash. So you have complete ownership and control of your assets at all times.
Our trading systems have been built with the latest technology, allowing us to improve efficiencies and ultimately reduce the cost of trading. Not only low, our fees are simple and easy to understand – with no hidden fees or complex schedules – so you’ll always be clear about your costs before you trade.
We don’t believe in offshore call centres or automated voice recordings. When you call, we pick up. When you email, we respond. We provide direct, local support from experienced, friendly staff. Contact Us
Our partnership with investment software company, Paritech, puts us in control of our development and affords us an agile approach, removing any dependence on third party vendors.
The old days of working in silos is gone. Today it’s all about integration. That’s why our technology is open to connect with other leading financial services software, to help make managing your wealth smarter and more convenient. Our collaborative approach is aimed at shaping a new world for the self-directed investor, bringing smarter capabilities than ever before.