Share Trading comparison
easyMarkets vs SelfWealth
easyMarkets and SelfWealth are fundamentally different products. easyMarkets is a CFD and options broker — it doesn't support ASX or US shares at all. SelfWealth is a traditional CHESS-sponsored share broker for ASX and US equities. If you want to own actual shares on the ASX under your own HIN, SelfWealth is your only option here.
Choose
easyMarkets
if…
- ›You want to trade CFDs, options or forex rather than buy physical shares
- ›You're happy with a minimum deposit of just $25 and want to use deposit methods like crypto, Skrill or credit card
- ›You want a demo account and structured educational courses to learn trading
- ›You need 24/5 phone and live chat support during market hours
- ›You're trading from a company entity and don't need joint, trust or SMSF accounts
Choose
SelfWealth
if…
- ›You want to buy and own real ASX or US shares under your own HIN (CHESS-sponsored)
- ›You need a broad range of account types — joint, trust, SMSF and kids accounts are all available
- ›You want auto-invest / DCA with multiple investment levels and dividend reinvestment (DRP)
- ›You need integration with Sharesight or Navexa for portfolio tracking and tax reporting
- ›You prefer a flat $9.50 brokerage on ASX and US trades with no inactivity or withdrawal fees
Where they differ
| Fact | easyMarkets | SelfWealth |
|---|---|---|
| Product type | CFD and options broker — no share ownership | CHESS-sponsored share broker — you own the shares under your HIN |
| ASX & US shares | Not supported | Supported (ASX and US, plus Hong Kong) |
| Minimum deposit | $25 | $500 |
| Inactivity fee | $25 | $0 |
| Auto-invest / DRP | Not available | Auto-invest (multiple levels) and DRP both supported |
Verdict
Choose easyMarkets for CFD/options trading; choose SelfWealth if you want to own real ASX or US shares under your own HIN.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | easyMarkets | SelfWealth |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | mixed |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | Yes |
| asset coverage | ||
| ASX shares supported | No | Yes |
| ASX ETFs supported | No | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | HK | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | No |
| Options trading | Yes | No |
| CFDs supported | Yes | No |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | — |
| costs hidden | ||
| FX spread (AUD/USD) | — | 60% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| ASX brokerage minimum | — | $9.5 |
| ASX free trade conditions | — | Selfwealth Premium subscribers ($29/month or $240/year) receive 10 complimentary trades annually; otherwise no free-trade conditions. |
| US brokerage minimum | — | US$9.5 |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $25 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | — | $27.5 |
| identity and trust | ||
| Legal entity name | easyMarkets Pty Ltd | SelfWealth Pty Ltd |
| AFSL number | 246,566 | 421,789 |
| Year founded | 2,003 | 2,012 |
| Parent / ownership | Blue Capital Markets Ltd (private, Cyprus-headquartered easyMarkets group) | Syfe (Svava Pte Ltd, Singapore) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $25 | $500 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | Credit/Debit Card (Visa, Mastercard, Amex), Bank Wire Transfer, BPAY, Skrill, Neteller, POLi, Crypto (BTC, ETH, USDT) | OSKO, BPAY, EFT/bank transfer |
| Settlement period | — | T+2 |
| Withdrawal time | 1 business day to process; 3-10 business days for funds to arrive depending on method | 1-2 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | No |
| Demo account | Yes | No |
| Free real-time market data | Yes | No |
| Free research reports | Yes | No |
| 2FA support | SMS + authenticator | authenticator app |
| Customer support channels | phone, email, live chat | live chat, email, phone |
| Support hours (AU time) | 24/5 (Monday to Friday, around the clock during market hours) | 10am-4pm AET, Monday-Friday (closed public holidays) |
| Education content | structured courses | basic articles |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | No |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | No | Yes |
| Auto-invest sophistication | none | multiple |
| DRP (dividend reinvestment) | No | Yes |
| After-hours / overnight trading | Yes | Yes |