Side-by-Side Comparison Independent Updated Jun 14, 2026
Raiz Invest vs Westpac Share Trading 2026: Which Broker is Better?
Compare Raiz Invest and Westpac Share Trading side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Raiz Invest
Westpac Share Trading
VS
| Raiz Invest | Westpac Share Trading | |
|---|---|---|
| BrokerRank Score | 3.0/5 ✓ | 2.8/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | ASIC | ASIC |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
Westpac Share TradingRaiz Invest
Best for Low Fees
Raiz InvestWestpac Share Trading
Best for Regulation
Raiz InvestWestpac Share Trading
Best Overall
Raiz InvestWestpac Share Trading
Quick Answer
Raiz Invest is the better choice overall, scoring 3.0/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Raiz Invest offers lower spreads (0 pips).
See full side-by-side comparison belowRaiz Invest vs Westpac Share Trading: Key Differences
Feature
Raiz Invest
WinnerWestpac Share Trading
Our Rating
3.0 / 5
2.8 / 5
Min. Deposit
$5
$0
Spread From
0 pips
0 pips
Commission
None
$19.95/lot
Platforms
Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Stocks, Etf
Founded
2016
1817
Headquarters
Sydney, Australia
Sydney, Australia
Score
2 / 3
1 / 3
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Find my matchFees Comparison
Fee
Raiz Invest
Lower feesWestpac Share Trading
Spread From
0 pips
0 pips
Commission
None
$19.95/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Raiz Invest scores 3.04/5 while Westpac Share Trading scores 2.75/5 in our independent rating.
Raiz Invest edges ahead overall, but Westpac Share Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Raiz Invest
3.0/5
Choose Raiz Invest if you want…
- Higher overall rating (3.0/5)
- No per-trade commission
Westpac Share Trading
2.8/5
Choose Westpac Share Trading if you want…
- No minimum deposit
- More established (est. 1817)
- More platforms (2 supported)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Raiz Invest & Westpac Share Trading are available in
Frequently Asked Questions
1Is Raiz Invest better than Westpac Share Trading?
Raiz Invest scores higher overall on our independent rating system. Raiz Invest holds a 3.0/5 rating vs Westpac Share Trading's 2.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Raiz Invest or Westpac Share Trading?
Raiz Invest offers spreads from 0 pips, while Westpac Share Trading starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Raiz Invest vs Westpac Share Trading?
Raiz Invest requires a minimum deposit of $5. Westpac Share Trading requires $0.
4Which broker is safer, Raiz Invest or Westpac Share Trading?
Raiz Invest is regulated by ASIC, while Westpac Share Trading holds licences from ASIC.
5What trading platforms do Raiz Invest and Westpac Share Trading support?
Raiz Invest supports Proprietary Mobile. Westpac Share Trading supports Proprietary Web, Proprietary Mobile.
6Can I use both Raiz Invest and Westpac Share Trading?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Raiz Invest
Capital at risk · T&Cs apply