Share Trading comparison
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.
Choose
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.
- ›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.
Choose
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.
- ›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 |
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.
Cost calculator
What would Commsec Pocket vs moomoo actually cost you?
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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 |