Set your sights on long-term financial goals with Pearler.
Pearler is an investment platform designed for long-term wealth accumulation. It will appeal to retail investors who are looking to set themselves up financially.
Pearler is a set and forget investment platform that is best suited to long-term investors.
As its own adverts say, this is not an app for traders.
Instead, it will allow you to trade on the US- or ASX-listed shares, ETFs and LICs. The broker differentiates itself from the competition by having a long-term focus with features such as wealth tracking as well as a micro-investment feature to help newer investors get started.
It also helps those at the start of their investing journey through community trading, allowing you to see what others think about a company, to help grow your own knowledge.
Not only can you auto trade, but Pearler also offers copy and paste templates to help those who are less familiar with investing get started.
Pearler is an investment platform designed to encourage long-term investing rather than short-term market speculation. It allows users to invest in ASX shares and ETFs and offers access to US markets.
Pearler offers competitive brokerage on share trades and some free ETF trades, plus an auto-invest option to help you build a bigger investment portfolio. The platform is well worth checking out if you want to automate your investments, but it may not be suitable for experienced traders.
| Type of broker | Online |
| ASX products | Shares, Exchange traded funds |
| Available markets | ASX, USA |
| Standard brokerage fee | $6.50 |
| Support | Phone, Email, Live chat |
| More Info |
Based on Pearler share trading platform scores in Finder's 2024 Customer Satisfaction Awards.
Pearler received the following awards in the 2024 Product Awards:
Pearler is designed for beginner and long-term investors:
Pearler is a user-friendly platform designed to make share investing easy. The sign-up process is straightforward. It's quick to create an account online.
When you're ready to start investing, you can choose specific assets yourself or use a template portfolio. You also have the option to turn on the Autoinvest feature, which offers a choice of 3 investment strategies based on your financial goals.
Pearler does not charge investors maintenance or monthly account-keeping fees.
Instead, investors are charged a flat brokerage fee of $6.50 per trade for Australian and US stocks.
Investors can also buy Pearler prepaid, which will see the fees per transaction fall.
Pearler offers the following key features to Australian investors:
Founded in 2017, Pearler is an Australian fintech startup. Pearler Investments Pty Ltd, trading as Pearler, is an authorised representative of Sanlam Private Wealth Pty Ltd, which holds an Australian financial services licence.
Pearler also works with a handful of technology partners to help manage your account and holdings. These include broker OpenMarkets, which is responsible for your CHESS holdings, and US broker DriveWealth. Customer cash funds are held with Macquarie Bank.
On top of its share trading platform, Pearler also has a micro-invest fund.
For a small monthly fee, you can build your own portfolio from Pearler's list of ETFs.
You can choose to invest in just one ETF for $1.70 per month or multiple ETFs for $2.30 per month.
The main benefits of the micro fund include the following:
You can create an account with Pearler by clicking the "Sign up" link on the Pearler website and completing an online application. You'll need to provide the following information to open an account:
You'll also need to provide the details of an ID document to undergo online ID verification via the Australia Post Digital iD service.
If you have a question about your account, you can contact Pearler via a live chat feature. For general enquiries, phone and email support are available from 9am to 5pm Monday to Friday.
Pearler offers an online help centre where you can find answers to frequently asked questions as well as guides on how to use the platform's features.
If you're searching for a low-cost auto-investing platform, there are plenty of good reasons to take a closer look at Pearler. It offers very competitive brokerage fees, including access to a range of free ETFs, while the Autoinvest feature is a simple way to help you build a bigger investment portfolio. The platform's focus on investing for the long term is also commendable.
That said, Pearler is still being developed. Features such as minor custodial accounts are not yet available, but there are plans to introduce them in the near future. With its focus on long-term investing, Pearler also isn't designed for active traders.
Ultimately, it's up to you to decide whether Pearler has everything you want in an investment service. Consider your financial goals and compare a wide range of investment platforms before deciding on the best option for your needs.
Cameron Finder
Writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.