ASX 200 mining share BHP Group Ltd (ASX: BHP) was the most traded ASX share last month among investors using the Selfwealth trading platform.
Just under 70% of BHP shares transactions were buys, and about 30% were sells. The trading activity came amid a continued decline in the iron ore price and the release of the miner's FY24 results.
The BHP share price fell 3.62% over the month, closing at $40.77 on 30 August.
Machine learning data solutions and services provider Appen Ltd (ASX: APX) was the third most traded share last month.
Appen shares skyrocketed 33.33% over the month, closing at $1 on 30 August.
The stock took a hit on 30 August upon the release of the company's half-year results.
Let's review the other ASX shares making up the 10 most traded stocks last month.
Top 10 most traded ASX shares in August
Here are the top 10 most traded ASX shares in August by volume (incorporating both buy and sell orders), according to Selfwealth Ltd (ASX: SWF) data.
We have also included the percentage of buy orders, which can indicate investors' conviction on each ASX share.
| Rank | Top ASX shares by trading volume | Percentage of buy orders |
| 1 | BHP Group Ltd (ASX: BHP) | 69.3% |
| 2 | Fortescue Ltd (ASX: FMG) | 73.7% |
| 3 | Appen Ltd (ASX: APX) | 55.6% |
| 4 | Woodside Energy Group Ltd (ASX: WDS) | 70.2% |
| 5 | DroneShield Ltd (ASX: DRO) | 64.1% |
| 6 | Zip Co Ltd (ASX: ZIP) | 53.5% |
| 7 | ANZ Group Holdings Ltd (ASX: ANZ) | 46.2% |
| 8 | Pilbara Minerals Ltd (ASX: PLS) | 48.9% |
| 9 | Commonwealth Bank of Australia (ASX: CBA) | 53.3% |
| 10 | Qantas Airways Limited (ASX: QAN) | 43.9% |
Top 10 most traded US stocks in August
NVIDIA Corp (NASDAQ: NVDA) was the most traded US stock by Selfwealth clients in August.
The graphics processing units (GPUs) chip maker released its second-quarter earnings last month.
Here are the top 10 most traded US stocks in August among Selfwealth investors.
| Rank | Top US stocks by trading volume | Percentage of buy orders |
| 1 | NVIDIA Corp (NASDAQ: NVDA) | 70.2% |
| 2 | Tesla Inc (NASDAQ: TSLA) | 66% |
| 3 | Amazon.com Inc (NASDAQ: AMZN) | 76.7% |
| 4 | Alphabet Inc Class A (NASDAQ: GOOGL) | 71.2% |
| 5 | Apple Inc (NASDAQ: AAPL) | 44.2% |
| 6 | Microsoft Corp (NASDAQ: MSFT) | 66.3% |
| 7 | Crowdstrike Holdings Inc (NASDAQ: CRWD) | 66.7% |
| 8 | Advanced Micro Devices, Inc. (NASDAQ: AMD) | 70.1% |
| 9 | MARA Holdings Inc (NASDAQ: MARA) | 70.1% |
| 10 | Intel Corp (NASDAQ: INTC) | 78.9% |
