How to buy ANZ (ANZ) shares

By   |   Verified by David Boyd   |   Updated 27 Sep 2023

The Australia and New Zealand Banking Group Limited (ASX: ANZ), commonly known as ANZ, is an Australian multinational banking and financial services company. It is headquartered in Melbourne. ANZ was founded in London in 1835 and began operating in Sydney in that year as the Bank of Australasia.

Are you interested in buying ANZ shares? Here's how.

About the company

ANZ overview

ANZ operates in 32 markets globally, including Australia, New Zealand, Asia, the Pacific, the Middle East, Europe and America. It is one of the ‘Big Four’ banks in Australia and is the largest in New Zealand. ANZ is among the world's top 50 banks.

Subsidiaries of the bank include ANZ Bank New Zealand and ANZ Share Investing, among others.

Unsure about what trading platform to use?

Where to buy ANZ shares


On website


  • Trade and invest in top financial instruments, including a wide selection of stocks.
  • eToro is regulated by CySec, FCA, and ASIC.
  • Your funds are protected by industry-leading security protocols.
  • Earn up to 5.3% annual interest on your balance.
Saxo Markets

On website

Saxo Markets


  • Invest in 23,500+ stocks from ASX, New York, Hong Kong, and 50+ other global markets.
  • No platform fees, no inactivity fees, and no FX fees on each trade.
  • Analyse, improve and manage your risk using intuitive trading tools.

On website


  • Enjoy low, transparent fees.
  • An option to Autoinvest. Set-and-forget your investment strategy.
  • Simply invest into any ETF from one of Pearler's ETF managers for at least one year, and it's free.
  • Clearing House Electronic Sub-register System (CHESS) sponsored.

On website


  • Open an account with just $100 and start investing today with a $5 flat-free brokerage ($0 on US shares) on share trades.
  • Buy and sell US shares & ETFs with $0 brokerage plus trade unsettled funds.
  • Fund your account in minutes with PayID and enjoy realtime FX transfers for fast US share trading.
Tiger Brokers

On website


  • Available for ASX, US & HK stocks trading, ETFs, and US options trading.
  • Free market data for ASX and US stocks.
  • More accessible investment to all with a demo account.

On website



  • Trade AU & US stocks, ETFs, and Options with $0 commission for the first 30 days.
  • Provides intuitive and powerful advanced charts, multiple technical indicators, and premier Level 2 Advance (Nasdaq TotalView).
  • Regulated by ASIC.


  • Invest from as little as US$5.
  • No deposit or withdrawal fees.
  • Allows you to trade fractional shares.
  • Access to advanced trading tools.


  • Scarcity of instructional resources for investors.
  • Supports AU and US markets only.

On website



  • Trade blue-chip stocks in AU and US markets.
  • Trade multi-markets and multi-products with a lower commission. No custodian fee.
  • Regulated by the Australian Securities and Investments Commission (ASIC).

Compare online brokers on Finty. Research fees, commissions, tradable assets, markets, etc.

First time buying?

How to buy ANZ shares

Step 1: Choose a broker

In order to buy shares online, you use a broker. You can choose from dozens of online brokers.

When selecting an online broker, here are some key features to consider.

Low-cost brokerage

In recent years, brokerage costs have plummeted, following the introduction of online share trading. There are many online platforms offering very competitive brokerage rates. It's a good idea to shop around.

You should consider brokerage costs in relation to the other services the online trader may or may not offer.

Free trades

There are some online brokers who offer free trades if you sign up with them, often for a limited period or with a monthly cap, and this may be an important factor when you buy your ANZ shares.

Easy-to-use trading platform

Investing in shares doesn't have to be complicated, so look for a platform that's easy to use. Demo trading accounts and educational guides (preferably in video form) are other useful features for new investors.

Research and reporting

Find a platform with a solid research and reporting section that can provide valuable information about ANZ, such as company overview, price history, recommendations, and forecasts.

Step 2: Fund your trading account

Money needs to be added to most to your trading account before it can become fully active. Note that it could take several days for the funds to clear before you can begin trading.

Step 3: Decide how much you want to invest

Plan your investments based on what you can afford. Consider ANZ's current share price and make a judgment, and remember you can always buy more when it drops.

Step 4: Shares or an ETF?

You'll need to decide whether to invest in shares or ETFs. ETFs (Exchange Traded Funds) are considered a less risky option since they invest in a group of companies or market indices rather than rely on the performance of a single share. This means less volatility, and you win if the market wins, but this option is less interesting for those looking to actively manage their investments.

For exposure to ANZ in an ETF, options include iShares MSCI Australia ETF (EWA), Franklin FTSE Australia ETF (FLAU), and JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX).

Step 5: Decide your order type

You place orders with online brokers to tell them what kind of trades you want to make and how you want your money to behave.

Market order

An order to buy shares at the current market price is called a market order. These prices may change as you make the trade in fast-moving markets. Let’s say you place an order for ANZ's shares at $30, but by the time it executes the share price has dropped to $28. You will get your shares at a lower price. The same situation applies if the share price goes up while your order is being executed.

Limit order

With a buy limit order, your trade will only execute when the share price reaches the price, or lower, that you nominate. Let’s say you decide you only want to buy ANZ shares at $29.50 or lower. Once the price drops to $29.50, your limit order will kick in.

Stop limit

This is when you nominate a price range within which to buy or sell your shares. When that price range is reached, your order is executed, but only to the extent that it can be completed within your price range. For example, you decide you want to sell your ANZ shares if they fall to $30, but not if the price drops below $28. If the price falls to $30, your stop limit order executes, but not all of your shares may be sold if the price continues to drop and falls below $28.

Stop loss

You nominate a price at which you decide to sell your shares. If the share price drops significantly, for example, the stop loss means you automatically sell out before your shareholding suffers too much damage.

You might decide to set a stop loss at $25. If your ANZ shares hit this price, the order executes and they are sold.

Step 6: Place your order

Once you have a strategy and funds in place, it's time to invest. On most platforms, placing an order is as simple as configuring a few options and clicking a button.

After you buy

What moves ANZ's share price

No matter whether you invest to gain from speculation on share price fluctuations or as a long-term investment, you should keep an eye on the company and its share price movements.

Track ANZ’s performance

You have to keep track of business fundamentals, company performance and share price movements. ANZ is a dividend-paying stock. Therefore, you also need to watch dividend levels. ANZ reduced its dividend payments in 2020 as a result of the drastic pandemic-induced decline in revenues and profits.

Keep an eye on how it performs post-pandemic. The trend seems positive.

Watch for developments in the banking and financial services sector

The Australian banking and financial services sector is highly competitive. Traditional banks like ANZ are not just competing with each other, both online and offline, but also with financial technology (fintech) startups in Australia and elsewhere.


ANZ is competing with the other top banks in Australia including Commonwealth Bank of Australia (ASX: CBA), Westpac (ASX: WBC), National Australian Bank (ASX: NAB), Bank of Queensland (ASX: BOQ) and Macquarie Bank (ASX: MQG), among others.

Disclaimer: We put our customer’s needs first. The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.