Equity ASA
Equity ASA
Feb 23, 2021
Kylie Purcell - The New World of Mobile Investing Apps
Play • 20 min

Kylie Purcell is the investments editor at Finder. She has a background in business and finance news with her work featured on sites including Yahoo Finance, Sky Business and the Adviser Magazine. She held previous roles at SBS, Your Money, TVNZ, CTGN, Switzer Group and Momentum Media. Kylie has a Masters in International Journalism and a Graduate Diploma in Economics. She is currently working towards ASIC RG146 compliance certificates for Financial Advice and Securities and Managed Investments. When she's not writing about the markets you can find her hunting for a good travel bargain.

"There are so many new platforms that are popping up these days. The newest brokers focus on US stocks. So now we've got a whole bunch of zero brokerage, US trading platforms out there. You might have seen eToro, we've got Stake, which launched a couple of years ago - that was the first in Australia to launch zero brokerage trading. So that's very low fees and you can invest smaller amounts with US stocks. They tend to be focused towards that kind of younger audience, that kind of Wall StreetBets audience that we see in the US. The Robin Hood investors where it's very minimalist design offering quick trades on your phone. They tend to be optimised for mobile, and that's the angle they tend to push. You want to trade GameStop or, or Facebook or whatever, you can make a quick trade so fast."



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