My current online broker of choice is Moomoo.

Here are 5 reasons why I like them:

1. CHESS Sponsorship

CHESS sponsorship means your shares are registered directly in your name on the ASX. This provides better security if your broker goes out of business, as your shares are easily identifiable and transferable to another broker. Not all online brokers offer this feature, some use a custodial model where they hold your shares under the broker's name instead.

2. Low Brokerage Fees

They charge very low fees for Australian and US stocks. Australian stock trades start at just $3, while US stock trades start at 99 cents which is among the lowest rates in Australia.

3. Easy-to-Use Platform

The platform is intuitive and user-friendly, even for beginners. It offers all the essential features plus some advanced tools for more experienced investors. The simple interface makes it easy for everyone to use even if you’re not tech saavy.

4. Auto-Invest Feature

Their auto invest feature lets you automatically purchase your favorite stocks or ETFs on a fortnightly or monthly basis. It's perfect for those who want to follow a dollar cost averaging strategy. Simply set up your recurring investments and let it run.

5. Premium Research Tools

They offer one of the best collection of research tools, making it an all-in-one platform for investing. You can analyse company financials, operating data, and analyst ratings straight from the app.

And the best part is their sign up bonuses:

If you sign up using the link below, you'll receive:

1. Up to 12 free random stocks when you make a qualified deposit and maintain a minimum account balance for 30 days.

2. $0 brokerage fees for 30 days which lets you test the platform completely for free.

If you decide it's not for you, you can simply withdraw your money and keep the free stocks. That’s a pretty sweet deal.

Use this special link to sign up: https://j.moomoo.com/00A1xQ

Enjoy!