Marketech the only Australian recipient of a Canstar ‘Share Trading Platform’ award in 2024
Canstar, Australia’s oldest and most trusted financial comparison site, has released their eagerly anticipated ‘Share Trading Platform’ awards for 2024.
Like most industries, enormous technological change has swept through the online trading sector. This has led to the emergence of several new global giants, leaving many of the ‘old guard’ looking dated and expensive in comparison – at least according to Canstar’s assessment.
As highlighted by the Canstar awards list, those platforms have seemingly given way to new offshore heavyweights with multi-billion dollar valuations, such as NASDAQ-listed Interactive Brokers and soon-to-be-listed WeBull, and LSE-listed IG Group and CMC Markets.
Sitting comfortably in this ‘Land of the Giants’, is Perth-based market technology developer, Marketech Limited, whose Focus platform received Canstar gold, in the top-rated ‘Trader’ category, for the second year in a row.
In addition to being the only award winner with a valuation of less than a billion dollars, Marketech was also the only Australian owned and operated company to receive a Canstar ‘5-star Outstanding Award’ in ANY of the three share trading categories.
Marketech CEO, Travis Clark, is understandably pleased with the outcome, stating, “Just ahead of the last bull market, we saw this enormous opportunity to offer a much better market information and trading platform, specifically targeted at serious and active traders, and at a much lower cost.
“At that point, unlike many of our high-profile contemporaries, we prioritised getting the platform right, over scaling-up user numbers. Now that the bull market is over, that decision is paying off, as we continue to grow and a number of the simpler platforms are starting to struggle. This Canstar award is recognition of that, and I think our clients would agree, that we made the right choice!”
Marketech’s Focus platform offers a unique combination of professional-styled, data rich, layout, with live-streaming data, on any device, at low-cost.
“Our platform has been designed specifically for serious and active traders of Australian equities, and includes a range of fully-integrated third-party services and content embedded directly into the platform, such as HIN-based trading functionality, AI-generated recommendations, and company specific articles and streaming videos.”
“We’re delighted to be recognised again by Canstar, and we’re delighted for our early-stage investors that we are being directly compared to companies worth 100-times more than Marketech. So, we’ll continue to grow our client base, as we prepare for our own IPO on the same Aussie exchange that our clients are focussed on, and we’ll scale-up from there.”
For more information about Marketech and the various Focus platform options, including a free 3-day trial of the combined ASX & CBOE market data, visit: www.marketech.com.au/focus
