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OpenMarkets wins CANSTAR five-star rating

Congratulations to our partner OpenMarkets which has been awarded a five star rating by CANSTAR for Outstanding Value in Online Share Trading. CANSTAR praised OpenMarkets, saying that OpenMarkets is the “price leader across all profiles”.

Direct investors who register for digital financial advice from Ignition Direct by Ignition Wealth open an online broking account with our partner OpenMarkets. OpenMarkets is Australia’s fastest online broker with an average monthly turnover of almost $3 billion.

“Congratulations to all the team at OpenMarkets for their five star CANSTAR award. Ignition Wealth seeks out professional partners to provide a high level of service both to our business clients and the consumers we serve through Ignition Direct.”

Mark Fordree, CEO, Ignition Wealth.

Every year CANSTAR evaluates thousands of products from hundreds of financial institutions. Researchers compare products on the basis of their price and features to evaluate their value.

“Congratulations to OpenMarkets for providing outstanding value to traders with their IRESS Trader service. A five-star rating is a fantastic achievement and we look forward to seeing how OpenMarkets will continue to enhance their value to investors over the next year.”

Josh Callaghan, General Manager of Wealth, CANSTAR.

OpenMarkets’ model as a non-advisory, execution-only online broker gave the company a natural advantage in the Trader category, where market analysis tools, platform quality, execution speed and price take precedence over recommendations and research.

“We are extremely pleased to be recognised for delivering great value to share traders. We believe it is our excellent client service and drive for innovation, combined with high quality execution technology and trading platforms, that sets us apart. The rating reflects all the great work by the OpenMarkets team over the past 18 months.

“We look forward to delivering even more features to traders and investors. We’ve got some exciting new developments in the pipeline this year including a live-streaming mobile app and integration with two global third-party trading platforms.”

Rick Klink, CEO, OpenMarkets.