Summary: ANZ Bank used to offer a share investing feature on its platform but recently stopped taking new applicants. Since this feature is no longer available, we show investors how to buy stocks with the funds in their accounts through a share brokerage platform.
This guide shows ANZ bank account holders how to buy stocks and ETFs through the eToro platform. On eToro users can invest in stocks, ETFs, currencies, commodities, indices and cryptocurrencies.
Can I buy stocks on ANZ?
No, unfortunately ANZ no longer offers its users the ability to invest in stocks. Not to worry, there are safe alternative methods to investing in stocks with an ANZ bank account. To buy stocks in Australia you can simply use a regulated and licensed share brokerage platform.
We recommend using eToro, it offers free and instant AUD deposits for ANZ bank account holders and 0% commissions on stocks. Making it the most affordable place to buy stocks in Australia. eToro operates in accordance with ASIC and holds an Australian Financial Services Licence (AFSL), number 491139 issued by the Australian Securities and Investments Commission.
How to buy Stocks and ETFs with ANZ Bank
In this method we show ANZ bank account holders how to buy stocks via credit/debit card deposit. You can also deposit via Bank Transfer, Klarna, Skrill, PayPal and Neteller. Follow the steps below to get started.
- Sign up to eToro and verify your identity.
- Select ‘Deposit Funds’ and click ‘Credit/Debit card’ then enter your details and the amount of AUD you want to deposit.
- Search for the stock you want (we use Amazon as an example).
- Enter the amount you want to spend and press ‘Set Order’.
What is ANZ Bank?
ANZ Bank is a leading Australian and New Zealand banking group, with operations in 32 countries around the world. ANZ offers a comprehensive range of banking products and services to more than 8 million customers, including personal and business banking, corporate and institutional banking, wealth management, insurance, and investment products.
ANZ is one of the four major banks in Australia and New Zealand, along with Commonwealth Bank of Australia, National Australia Bank, and Westpac. ANZ is the largest bank in New Zealand by assets and market capitalisation, and the second largest bank in Australia.
The bank was established in 1835 as the Bank of Australasia in London. The bank opened its first branch in Sydney in 1838, followed by Melbourne in 1839 and Adelaide in 1840. In the same year, the bank opened branches in Auckland, New Zealand and London. The bank expanded rapidly across Australia and New Zealand in the late 19th century, opening branches in every major city and town.
In 1951, ANZ merged with The Royal Bank of Australasia to form The Australian and New Zealand Banking Group Limited (ANZBANK). The merger created a banking powerhouse with more than 1,000 branches across Australia and New Zealand. ANZ Bank is a publicly listed company on the Australian Securities Exchange (ASX: ANZ) and the New Zealand Stock Exchange (NZX: ANZ). The group has a total market capitalisation of A$93 billion as of June 2022.
ANZ Bank Stock Price in AUD
Below you can find the live price of the ANZ Bank stocks in Australian dollars.