Share Trading comparison
eToro vs Totality Wealth
The biggest practical difference is ownership structure. eToro holds your ASX shares in a custodian model under a managed investment scheme — you don't get a HIN and can't vote or participate in rights issues. Totality Wealth offers CHESS sponsorship with an individual HIN, meaning you own ASX shares directly on the register. That distinction shapes everything else about these two platforms.
Choose
eToro
if…
- ›You want zero brokerage on ASX and US trades — eToro charges $0 commission on real (non-leveraged) shares and ETFs
- ›You want to buy fractional shares on the ASX or in US stocks, which Totality doesn't offer
- ›You want a low $50 minimum to start and the ability to deposit via credit card, PayPal, Skrill or POLi
- ›You want auto-invest / DCA functionality with multiple levels of automation
- ›You want to trade crypto alongside shares in the same account
Choose
Totality Wealth
if…
- ›You want your ASX holdings under your own HIN via CHESS sponsorship, giving you direct share ownership on the register
- ›You need options trading, bond trading or a proper desktop trading platform
- ›You want dividend reinvestment plans (DRPs) — eToro doesn't support them
- ›You want phone support during Sydney business hours and access to free research reports
- ›You plan to hold for the long term and want to avoid eToro's $10 monthly inactivity fee
Where they differ
| Fact | eToro | Totality Wealth |
|---|---|---|
| ASX brokerage | $0 | $3 minimum + 0.08% on trades over $3,750 |
| CHESS / HIN | Custodian model — no individual HIN | CHESS sponsored — individual HIN available |
| Fractional shares | Yes (ASX and US) | No |
| Inactivity fee | $10/month after 12 months of no login | $0 |
| Options & bonds | Not supported | Options and bonds both supported |
Verdict
Choose eToro for cheap, fractional, automated trading; choose Totality for direct CHESS ownership, bonds, options and long-term holding.
Cost calculator
What would eToro vs Totality Wealth actually cost you?
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 | eToro | Totality Wealth |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | mixed |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | United States, United Kingdom, Germany, France, Hong Kong, Italy, Spain, Netherlands, Sweden, Belgium, Denmark, Norway, Finland, Switzerland, Portugal | US, GB, HK, JP, DE, FR, CA, SG, CH, NL, IT, ES, BE, AT, DK, SE, NO, FI |
| Fractional shares (ASX) | Yes | No |
| Fractional shares (US) | Yes | No |
| Options trading | No | Yes |
| CFDs supported | Yes | Yes |
| Crypto trading | Yes | — |
| Managed funds | No | No |
| Bonds supported | No | Yes |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.75% | 0.45% |
| FX spread (other currencies) | — | 0.45% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | No |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | eToro passes through cash dividends from non-leveraged real positions (debit/credit to wallet). It does not facilitate participation in rights issues, share purchase plans (SPPs), DRPs or shareholder votes because shares are held in a managed investment scheme by the custodian, not in the user's name. No explicit fee, but corporate action access is materially restricted. | Custodian processes corporate actions; proxy voting subscription EUR 30/year + EUR 5 per vote; new instrument requests USD 200 for Platinum / free for VIP legacy tiers; reporting fee USD 50 for Classic email reports. |
| costs visible | ||
| ASX brokerage minimum | $0 | $3 |
| ASX brokerage percentage | 0% | 0.08% |
| ASX brokerage threshold | — | $3,750 |
| ASX free trade conditions | Zero commission applies to all non-leveraged (real) ASX share and ETF purchases. Leveraged / short positions are executed as CFDs and incur 0.15% open/close spread plus overnight financing. | — |
| US brokerage minimum | US$0 | US$1 |
| US brokerage percentage | 0% | 0.08% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $10 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | — | $50 |
| identity and trust | ||
| Legal entity name | eToro AUS Capital Limited | Totality Wealth Limited (formerly Saxo Capital Markets (Australia) Pty Ltd) |
| AFSL number | 491,139 | 280,372 |
| AUSTRAC registration | Yes | — |
| Year founded | 2,017 | 2,012 |
| Parent / ownership | eToro Group Ltd (NASDAQ: ETOR) — listed 14 May 2025; originally founded in Israel by Yoni and Ronen Assia. eToro AUS Capital Limited is a wholly-owned Australian subsidiary. | DMA (Johannesburg, South Africa) 80.1% / Saxo Bank A/S (Denmark) 19.9% |
| Country of incorporation | Australia | AU |
| Public company status | public | private |
| money movement | ||
| Minimum initial deposit | $50 | $0 |
| Minimum subsequent purchase | $50 | $0 |
| Deposit methods | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking | bank_transfer, BPAY, credit_card, debit_card, PayPal, Wise |
| Settlement period | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) | T+2 ASX, T+1 US |
| Withdrawal time | 1-2 business days for eToro processing; total 2-10 business days end-to-end depending on payment method (bank transfer longer than card) | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | Yes | No |
| Free research reports | No | Yes |
| 2FA support | SMS + authenticator app | app |
| Customer support channels | Live chat (Club members only), Email / web ticket, Help centre | phone, email, live_chat |
| Support hours (AU time) | — | Mon-Fri 08:30-17:30 Sydney time |
| Education content | video + courses | extensive |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| Distribution component breakdown | — | No |
| CGT calculator / report | Yes | 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 | Yes | No |
| Auto-invest sophistication | multiple | none |
| DRP (dividend reinvestment) | No | Yes |
| After-hours / overnight trading | No | No |