Share Trading comparison

Commsec Pocket vs Superhero

The biggest difference between CommSec Pocket and Superhero is ownership structure: Pocket is CHESS-sponsored (you get your own HIN and shares are held in your name), while Superhero is a custodian model (shares are held in the platform's name). That distinction matters for everything from corporate actions to peace of mind. Superhero also offers US shares and fractional US trading; Pocket is ASX ETFs only.

Choose
Commsec Pocket
if…
  • You want CHESS sponsorship and your own HIN — your name on the ASX register, not the platform's
  • You're happy sticking to ASX ETFs and don't need US shares or individual stocks
  • You want to start small with a $50 minimum trade and a $50 minimum initial deposit
  • You bank with CommBank and want seamless direct debit from your CBA transaction account
  • You value structured educational content to build investing confidence
Full breakdown of Commsec Pocket
Choose
Superhero
if…
  • You want to trade US stocks and ETFs from a single AUD account with no separate USD wallet needed
  • You want fractional US shares — buy $50 worth of Apple or Tesla, not a whole share
  • You need account types beyond individual: trust, company, SMSF, or kids/minor accounts
  • You want stop-loss orders to manage downside risk on your ASX holdings
  • You prefer a custodian model where Superhero handles all the admin (corporate actions, tax statements) on your behalf
Full breakdown of Superhero

Where they differ

FactCommsec PocketSuperhero
CHESS sponsorship modelCHESS-sponsored (your own HIN)Custodian model (no individual HIN)
US shares supportedNoYes
Fractional shares (US)Not availableYes
ASX brokerage structure$2 or 0.2% (whichever is lower, min $2)$2 or 0.01% up to $20,000 (min $2)
Account typesIndividual onlyIndividual, company, trust, SMSF, kids/minor
Verdict

Choose CommSec Pocket for CHESS-sponsored ETF investing with CBA convenience; choose Superhero for US shares, fractional trading, and broader account types.

Cost calculator
What would Commsec Pocket vs Superhero actually cost you?

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All data points side-by-side

Every verified fact for both platforms. Differences are highlighted.

FieldCommsec PocketSuperhero
account structure
CHESS sponsorship modelchesscustodian
Individual HINYesNo
Individual accountYesYes
Joint accountNoNo
Company accountNoYes
Trust accountNoYes
SMSF accountNoYes
Kids / minor accountNoYes
asset coverage
ASX shares supportedYesYes
ASX ETFs supportedYesYes
US shares supportedNoYes
US ETFs supportedNoYes
Other markets supported
Fractional shares (ASX)NoNo
Fractional shares (US)NoYes
Options tradingNoNo
CFDs supportedNoNo
Managed fundsNoNo
Bonds supportedNoNo
IPO accessNo
costs hidden
FX spread (AUD/USD)0.5%
Holds USD accountNo
Market data fees$0/month$0/month
Conditional order fees$0
Corporate action feesCorporate 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$2
ASX brokerage percentage0.2%0.01%
ASX brokerage threshold$1,000$20,000
ASX free trade conditionsPromotional $0 brokerage offer on Pocket ETF trades from 20 April 2026 to 17 July 2026 inclusive, available to all CommSec Pocket customers.
US brokerage minimumUS$2
US brokerage percentage0.01%
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
identity and trust
Legal entity nameCommonwealth Securities LimitedSuperhero Securities Limited
AFSL number238,814430,150
Year founded2,0192,020
Parent / ownershipCommonwealth Bank of Australia (CBA)Independent (founder-controlled). Previously merged into Swyftx in 2022; demerger completed December 2022 returning ownership to co-founders John Winters and Wayne Baskin.
Country of incorporationAUAU
Public company statuspublicprivate
money movement
Minimum initial deposit$50$100
Minimum subsequent purchase$50$100
Deposit methodsLinked CBA transaction account (CDIA, Smart Access, Streamline Basic, NetBank Saver, etc.) - direct debitPayID, BPAY, bank transfer
Settlement periodT+2T+2 for ASX, T+1 for US
Withdrawal time1-2 business days1-3 business days
platform ux
iOS appYesYes
Android appYesYes
Desktop platformNoNo
Demo accountNoNo
Free real-time market dataNoYes
Free research reportsNoNo
2FA supportSMS + PINSMS
Customer support channelsphone, email, in-app messagingemail, in-app chat
Support hours (AU time)Mon-Fri 8:00am-6:00pm AET (phone)Monday-Friday 9:00am-5:00pm AEST
Education contentstructured coursesbasic
tax and reporting
Australian tax statementYesYes
Distribution component breakdownNo
CGT calculator / reportYesYes
Sharesight / Navexa integrationYesYes
trading mechanics
Market ordersYesYes
Limit ordersYesYes
Stop loss ordersNoYes
Conditional ordersNo
Auto-invest / DCAYesYes
Auto-invest sophisticationsingle assetmultiple
DRP (dividend reinvestment)YesNo
After-hours / overnight tradingNoNo

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