QuietGrowth vs Stockspot
QuietGrowth and Stockspot are both Australian robo-advisers founded in 2014, but they take very different approaches to custody. QuietGrowth operates as a custodian — you don't hold the underlying ETFs directly — while Stockspot is CHESS-sponsored, meaning the ASX lists you as the legal owner of the shares. That single difference ripples through fees, minimums, and account flexibility.
- ›You want zero monthly or annual platform fees — QuietGrowth absorbs all costs into its management fee with no separate account-keeping charge.
- ›You're comfortable depositing $3,000 to start and topping up at least $2,000 at a time.
- ›You prefer a fully automated experience with rebalancing included and no need to think about brokerage or trading fees.
- ›You don't need a kids' account or dividend reinvestment and are happy to keep things simple.
- ›You want CHESS sponsorship so the ASX records you as the direct owner of your ETFs.
- ›You want a lower entry point — $1,000 to start and $500 minimum for subsequent deposits.
- ›You need a kids / minor account or want dividend reinvestment (DRP) handled automatically.
- ›You prefer BPAY and direct debit as deposit options alongside standard bank transfer.
- ›You're happy to pay $1/month ($12/year) for the added transparency of CHESS ownership.
Where they differ
| Fact | QuietGrowth | Stockspot |
|---|---|---|
| CHESS sponsorship | Custodian model | CHESS-sponsored (direct ownership) |
| Monthly platform fee | $0/month | $1/month |
| Minimum initial deposit | $3,000 | $1,000 |
| Minimum subsequent purchase | $2,000 | $500 |
| Kids / minor account | Not available | Available |
Choose QuietGrowth for zero platform fees and simplicity; choose Stockspot for CHESS ownership, lower minimums, and family-friendly accounts.
Common questions
How do QuietGrowth and Stockspot compare on chess sponsorship?
QuietGrowth: Custodian model. Stockspot: CHESS-sponsored (direct ownership).
How do QuietGrowth and Stockspot compare on monthly platform fee?
QuietGrowth: $0/month. Stockspot: $1/month.
How do QuietGrowth and Stockspot compare on minimum initial deposit?
QuietGrowth: $3,000. Stockspot: $1,000.
When is QuietGrowth the better choice over Stockspot?
Pick QuietGrowth if you want zero monthly or annual platform fees — QuietGrowth absorbs all costs into its management fee with no separate account-keeping charge; you're comfortable depositing $3,000 to start and topping up at least $2,000 at a time; you prefer a fully automated experience with rebalancing included and no need to think about brokerage or trading fees; or you don't need a kids' account or dividend reinvestment and are happy to keep things simple.
When is Stockspot the better choice over QuietGrowth?
Pick Stockspot if you want CHESS sponsorship so the ASX records you as the direct owner of your ETFs; you want a lower entry point — $1,000 to start and $500 minimum for subsequent deposits; you need a kids / minor account or want dividend reinvestment (DRP) handled automatically; or you prefer BPAY and direct debit as deposit options alongside standard bank transfer.
QuietGrowth or Stockspot — what's the verdict?
Choose QuietGrowth for zero platform fees and simplicity; choose Stockspot for CHESS ownership, lower minimums, and family-friendly accounts.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | QuietGrowth | Stockspot |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | chess |
| Individual account | Yes | Yes |
| Joint account | Yes | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | Yes |
| asset coverage | ||
| ASX shares supported | No | No |
| ASX ETFs supported | Yes | Yes |
| US shares supported | No | No |
| US ETFs supported | No | No |
| Other markets supported | ||
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | — |
| Options trading | No | No |
| CFDs supported | No | No |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| Holds USD account | No | No |
| Market data fees | $0/month | $0/month |
| Corporate action fees | — | Corporate actions (DRP, dividends, distributions) are handled automatically and included in the management fee. No separate corporate action fees disclosed. |
| costs visible | ||
| ASX brokerage minimum | — | $0 |
| ASX free trade conditions | No brokerage/trading fees are payable on any ETF transactions executed by QuietGrowth on behalf of the client; all dealing costs are absorbed into the annual management fee structure. | No brokerage charged at all - all trades (rebalancing, buys, sells) included in the all-inclusive monthly management fee. |
| Monthly platform fee | $0/month | $1/month |
| Annual platform fee | $0/year | $12/year |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | QuietGrowth Pty Ltd (ACN 602 754 692) | Stockspot Pty Ltd |
| AFSL number | 505,929 | 536,082 |
| Year founded | 2,014 | 2,014 |
| Parent / ownership | Independently / privately owned (founders Dilip Sankarreddy and Krupakar Chinnasani); operates as Corporate Authorised Representative of Amplus Global Pty Ltd (AFSL 505929) | Independent / privately held (founder Chris Brycki; shares common major shareholder with Global X Australia) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $3,000 | $1,000 |
| Minimum subsequent purchase | $2,000 | $500 |
| Deposit methods | bank_transfer_eft | Bank transfer (EFT), BPAY, Direct debit (recurring) |
| Settlement period | T+2 (ASX standard) | T+2 (ASX standard) |
| Withdrawal time | — | Typically 2-5 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | No |
| Free real-time market data | No | — |
| Free research reports | No | No |
| 2FA support | — | authenticator-app |
| Customer support channels | email, phone, chat | phone, email |
| Support hours (AU time) | — | Monday-Friday 9am-5pm AEST |
| Education content | basic_articles | structured-articles |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | Yes | Yes |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | — | No |
| trading mechanics | ||
| Limit orders | — | No |
| Stop loss orders | — | No |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | rebalancing | weighted-rebalancing |
| DRP (dividend reinvestment) | No | Yes |
| After-hours / overnight trading | No | No |