How to Buy Google Shares
Buy and sell CFDs on Alphabet (Google) shares in Australia without commission when you open an account with one of these brokers.
Brokers we recommend
- LiteFinance Best for Copy Trading
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5 or cTrader without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
We've traded through this broker's MT5 Raw account and can vouch for its low spreads and reliable trading environment. Its Raw account is designed for day traders and scalpers, and its Standard account will suit all others.
We also like the breadth of instruments available through its platform. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros and Aussie dollars. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Fund your account to get access to trading signals from Trading Signal and Autochartist. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
- CFDs on 250+ instruments.
- FxPro accepts all trading styles on MT4/5 and cTrader.
- Trade on fixed or floating spreads, with or without commission.
- Many deposit methods, including crypto and broker-to-broker transfers.
- Get daily trading signals from Trading Central.
- You cannot trade CFDs on ETFs or government bonds.
- Copy trading isn't available.
It's hard to find fault with FxPro, a broker with a 20-year track record. We've traded through FxPro's Raw account and enjoy the razor-thin floating spreads and low commissions. This account, which comes with a $1,000 minimum deposit, will appeal to experienced traders.
If you're new to trading, you could also open a Standard account with a low $100 deposit. You'll enjoy a more predictable trading environment with fixed, albeit wider, spreads. In short, FxPro is a platform you can grow into as you gain experience.
The educational content available on FxPro.com also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.
- Over 750 financial instruments on MT4/5.
- Get free daily trading signals.
- Easily copy professional traders.
- No fees on deposits or withdrawals.
- Get one-on-one assistance when you deposit US$1,000.
- You cannot trade on raw spreads.
- Quarterly and annual inactivity fees.
The breadth of assets available to trade through its platform sets AvaTrade apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.
AvaTrade supports the MT4 and MT5 platforms, available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. AvaTrade's spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Its customer service is excellent too. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. AvaTrade support is available five days a week through various channels, including WhatsApp.
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your balance.
- All trading strategies are allowed.
- Get free daily technical and fundamental analysis.
- Receive up to 2.5% interest on used funds.
- Copy trading accounts are also available.
- Withdrawals fees are somewhat high, especially card withdrawals.
We have been trading through LiteFinance's ECN account for over 3 years on raw spreads plus a commission of $5 per lot, per side, and we enjoy its unrestricted trading environment.
Their customer service team is responsive, even on weekends. Our withdrawals have always been processed as quickly as possible. However, their withdrawal fees are a bit high, especially card withdrawals.
LiteFinance publishes a lot of educational content in the form of webinars and articles on its blog, often focused on technical analysis. However, you might find yourself lost if you are new to trading.
Understand how to buy or sell Google stocks online with this step-by-step guide.
Step 1: Get started
Before you place your first trade, you'll need to decide what it is that you are buying. You can either buy shares outright, in which case you'll become a registered shareholder, or speculate on changes in Google's share price through instruments known as CFDs (or Contracts for Difference).
CFDs are also popular with investors like you because they allow you to trade on margin for a fraction of a stock's price. For example, you could buy a CFD on Google stock valued over $100 with a modest US$ 10 deposit through FxPro.com, simply by borrowing the difference from the broker. If Google's share price rises by $10, you'd double your investment. However, you could also stand to lose if Google's share price fell.
Most CFD brokers charge no commission. Instead, they earn a living through the bid-ask spread, helping you save substantial amounts of money vs. traditional brokers. The bid-ask spread is the difference between the price at which you can buy and sell securities from them. Some brokers, such as FxPro, charge a fixed spread at all times, whilst others, like AvaTrade, charge a spread that varies based on market conditions.
Step 2: Open an account online
Visit FxPro.com or AvaTrade.com and open an account online. It's helpful to have a copy of proof of address and proof of identity documents at hand; as most brokers will require that you upload these documents prior to placing your first trade. If you are in a hurry to trade, we suggest funding your account through a debit card, credit card or an electronic wallet. Bank wire transfers can be particularly slow and costly to complete.
Step 3: Place your first trade
Placing your first trade may seem daunting, but it need not be. All brokers in our panel allow you to trade directly from their website or a smartphone app. Click a button to 'buy' and another to 'sell' (or 'short') Google shares directly from the charts. Nowadays, you no longer need to pick up the phone to trade through a dealing desk. Visit FxPro.com and AvaTrade.com to start trading.
As always, be mindful that investing is risky. You could lose the entirety of your investment if your predictions about market movements are incorrect. Leverage will increase both your potential profits and losses, and could reduce your balance to zero. That's why it's important to learn about risk management before placing your first trade, and remember never to invest more than you can afford to lose.
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About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.