Commsec Pocket vs moomoo
CommSec Pocket is a stripped-back ETF-only app from the Commonwealth Bank, designed for small, regular investing on the ASX. Moomoo is a full-featured trading platform that gives you US stocks, options, Hong Kong markets and advanced order types. The real difference is scope: Pocket does one thing simply, while moomoo does almost everything.
- ›You want the lowest possible entry point — minimum trades start at just $50 and ASX brokerage is $2 on trades up to $1,000.
- ›You only want to buy ASX ETFs and don't care about individual shares, US stocks or anything offshore.
- ›You're a CBA customer who wants trades to debit directly from your CommBank account with no extra steps.
- ›You prefer a dead-simple app with no desktop platform, no demo mode and no bells and whistles.
- ›You want a limited-time promotional $0 brokerage offer on ETF trades between April and July 2026.
- ›You want to trade US stocks and ETFs with zero commission and a tiny 0.003% FX spread — plus fractional US shares are available.
- ›You need advanced order types like stop-loss and conditional orders, or you want to trade US options.
- ›You want real-time market data, free research reports, and a demo account to test strategies before committing real money.
- ›You need a desktop trading platform alongside the mobile app, or you want to trade after hours and overnight.
- ›You're setting up a company, trust or SMSF account — moomoo supports entity types that CommSec Pocket doesn't.
Where they differ
| Fact | Commsec Pocket | moomoo |
|---|---|---|
| Markets available | ASX only (ETFs and shares) | ASX, US, Hong Kong |
| ASX brokerage (small trade) | $2 flat on trades up to $1,000 | $3 flat on trades up to $10,000 |
| US stock support | Not supported | Supported (0% commission, $0.99 min) |
| Minimum initial deposit | $50 | $500 |
| Account types | Individual only | Individual, company, trust, SMSF |
Choose CommSec Pocket for ultra-simple, low-cost ASX ETF investing; choose moomoo if you want US shares, options and a proper trading toolkit.
Common questions
How do Commsec Pocket and moomoo compare on markets available?
Commsec Pocket: ASX only (ETFs and shares). moomoo: ASX, US, Hong Kong.
How do Commsec Pocket and moomoo compare on asx brokerage (small trade)?
Commsec Pocket: $2 flat on trades up to $1,000. moomoo: $3 flat on trades up to $10,000.
How do Commsec Pocket and moomoo compare on us stock support?
Commsec Pocket: Not supported. moomoo: Supported (0% commission, $0.99 min).
When is Commsec Pocket the better choice over moomoo?
Pick Commsec Pocket if you want the lowest possible entry point — minimum trades start at just $50 and ASX brokerage is $2 on trades up to $1,000; you only want to buy ASX ETFs and don't care about individual shares, US stocks or anything offshore; you're a CBA customer who wants trades to debit directly from your CommBank account with no extra steps; or you prefer a dead-simple app with no desktop platform, no demo mode and no bells and whistles.
When is moomoo the better choice over Commsec Pocket?
Pick moomoo if you want to trade US stocks and ETFs with zero commission and a tiny 0.003% FX spread — plus fractional US shares are available; you need advanced order types like stop-loss and conditional orders, or you want to trade US options; you want real-time market data, free research reports, and a demo account to test strategies before committing real money; or you need a desktop trading platform alongside the mobile app, or you want to trade after hours and overnight.
Commsec Pocket or moomoo — what's the verdict?
Choose CommSec Pocket for ultra-simple, low-cost ASX ETF investing; choose moomoo if you want US shares, options and a proper trading toolkit.
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Commsec Pocket | moomoo |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | chess | chess |
| Individual HIN | Yes | Yes |
| Individual account | Yes | Yes |
| Joint account | No | No |
| Company account | No | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | — |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | Hong Kong | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | No | Yes |
| CFDs supported | No | No |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | — | 0.3% |
| FX spread (other currencies) | — | 0.3% |
| Holds USD account | — | Yes |
| FX currency switch trick | — | No |
| Market data fees | $0/month | $0/month |
| Conditional order fees | — | $0 |
| Corporate action fees | Corporate actions (rights issues, SPPs, takeovers) are administered via the underlying ETF issuers/share registries since holdings are CHESS-sponsored under the investor's HIN; CommSec does not charge a separate corporate action fee. | — |
| costs visible | ||
| ASX brokerage minimum | $2 | $3 |
| ASX brokerage percentage | 0.2% | 0.03% |
| ASX brokerage threshold | $1,000 | $10,000 |
| ASX free trade conditions | Promotional $0 brokerage offer on Pocket ETF trades from 20 April 2026 to 17 July 2026 inclusive, available to all CommSec Pocket customers. | No standard free trade conditions on ASX. Promotional sign-up rewards have offered free brokerage for limited periods to new clients. |
| US brokerage minimum | — | US$0.99 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | $54 | $55 |
| identity and trust | ||
| Legal entity name | Commonwealth Securities Limited | Futu Securities (Australia) Ltd |
| AFSL number | 238,814 | 224,663 |
| Year founded | 2,019 | 2,022 |
| Parent / ownership | Commonwealth Bank of Australia (CBA) | Futu Holdings Ltd (NASDAQ: FUTU) |
| Country of incorporation | AU | AU |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | $50 | $500 |
| Minimum subsequent purchase | $50 | $0 |
| Deposit methods | Linked CBA transaction account (CDIA, Smart Access, Streamline Basic, NetBank Saver, etc.) - direct debit | PayID, Bank transfer (OSKO/NPP) |
| Settlement period | T+2 | T+2 ASX; T+1 US |
| Withdrawal time | 1-2 business days | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | No | Yes |
| Free research reports | No | Yes |
| 2FA support | SMS + PIN | sms |
| Customer support channels | phone, email, in-app messaging | Phone, Live chat, Email, In-app |
| Support hours (AU time) | Mon-Fri 8:00am-6:00pm AET (phone) | 24/5 during US trading days; 9:30am-9:30pm AET weekends and holidays |
| Education content | structured courses | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | No | Yes |
| Conditional orders | No | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | single asset | multiple |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | No | Yes |