Dabble aims to make the US market accessible & affordable for all investors
Xinja Bank will launch a share trading platform Dabble giving Australian investors access to over 3000 US shares and exchange-traded funds.
Dabble will operate alongside Xinja’s bank account and savings account ‘Stash’. It will provide quick and easy access to US shares, including Tesla, Facebook, Google, and Amazon.
For Dabble, a flat monthly subscription fee of $8 will be charged for unlimited trading on top of a competitive 1% FX fee per trade. Besides, there are no brokerage fees.
Along with that, Dabble also offers fractionalized trading. That means investors will be able to buy whole shares or a portion of a share depending on how much money they have and how much they want to invest.
We’ve reported that Lloyds Banking Group has announced a partnership with Form3 to accelerate its transformation and enhance customers’ digital experience.