Sharesies

Sharesies is an online investment platform, primarily operating in New Zealand and Australia, that allows users to invest small amounts of money (sometimes as little as NZD/AUD $0.01) in a range of companies, exchange-traded funds (ETFs), and managed funds. The platform is designed to make investing more accessible to individuals who may be new to the market or have limited capital.

Sharesies operates on a fractional share ownership model, meaning users can buy a portion of a share rather than a whole share. This removes a significant barrier to entry for those who might not be able to afford the price of a full share in some companies.

The platform offers a user-friendly interface and educational resources aimed at helping beginners understand investment concepts. It typically charges fees based on the size and type of transaction, though specific fee structures may vary and are subject to change.

Sharesies has contributed to increased retail investment activity, particularly among younger demographics, by providing a simplified and affordable pathway to participate in the financial markets. It is regulated by the relevant financial authorities in the jurisdictions in which it operates.