Summary: Unfortunately NAB account holders cannot buy stocks directly on the NAB platform. The most secure and fastest way to buy shares with an NAB account is by going through a broker.
If you are looking to get started quickly, we recommend using eToro because it offers instant AUD deposits from NAB to trade thousands of assets including National Australia Bank Ltd. shares (ASX:NAB).
How to buy Shares with NAB online
The best way to buy Shares with a NAB Bank account is through an Australian Securities and Investments Commission (ASIC) licensed stock broker. We generally recommend the eToro platform for NAB Bank account holders because they offer fast and free AUD deposits via bank transfer.
Their platform currently offers over 8,000 stocks, ETFs, commodities, cryptocurrencies and other assets. The eToro exchange charges zero trading fees and has tight spreads that average at 0.5% across their available assets.
Follow the simple guide below to get started:
- Sign up to eToro and complete verification.
- Select 'Deposit Funds' in your side bar and enter your NAB credit/debit card details and the amount of AUD you would like to invest.
- Search for the stock you want to buy (we use google as an example).
- Enter the amount you want to buy and tap 'Set Order'.
Can I buy NAB Shares?
Yes, you can buy NAB Shares (NAB.ASX) on the eToro platform. They allow you to buy National Bank of Australia (NAB) shares with Australian Dollars for zero fees and up to 10x leverage.
What is National Australia Bank
NAB was founded in 1858 as the National Bank of Australasia. NAB has grown to become a major player in the Australian banking and financial services industry with over 12 million customers. It operates more than 1,700 branches and service centres across Australia, New Zealand and Asia.
The banking institution is now one of the big four banks in Australia. NAB offers a range of banking and financial services including personal banking, business banking, superannuation, insurance and investment products. It's committed to providing excellent customer service and offers a wide range of digital channels for customer support including online banking, mobile banking and 24/7 customer service.
Fees and Charges to buy Shares with NAB
When you buy stocks on a traditional brokerage platform like Degiro, you will be subject to pay multiple fees including monthly admin fees, ticketing fees and brokerage fees. But on eToro you don't have to pay any fees including deposit or broker fees. Meaning it's virtually free to buy stocks on eToro (depending on what asset and the amount of it you're buying).