Share Trading comparison
SelfWealth vs Totality Wealth
The biggest practical difference between SelfWealth and Totality Wealth comes down to cost versus capability. SelfWealth is a straightforward, low-cost broker with CHESS-sponsored ASX trades at $9.50 and a flat US$9.50 for US stocks. Totality Wealth undercuts on brokerage — ASX trades from just $3 and US trades from US$1 — but it's a custodian model with access to 18 global markets, options, CFDs and bonds, making it a far more sophisticated platform for active and international investors.
Choose
SelfWealth
if…
- ›You want CHESS sponsorship and your own HIN for direct ASX share ownership
- ›You prefer a simple, no-frills platform with zero monthly or inactivity fees
- ›You want to set up auto-invest / DCA strategies with multiple levels
- ›You need a kids / minor account for investing on behalf of children
- ›You want a flat $9.50 brokerage on US stocks without percentage-based fees
Choose
Totality Wealth
if…
- ›You trade frequently on ASX and want brokerage as low as $3 per trade
- ›You want access to 18 global markets including the US, UK, Japan, Europe and Canada
- ›You need options trading, CFDs or bonds — instruments SelfWealth doesn't offer
- ›You want to fund your account via credit card, debit card, PayPal or Wise
- ›You value a desktop trading platform and a demo account to test strategies first
Where they differ
| Fact | SelfWealth | Totality Wealth |
|---|---|---|
| ASX brokerage minimum | $9.50 | $3.00 |
| US brokerage minimum | $9.50 USD | $1.00 USD |
| CHESS sponsorship model | CHESS (own HIN) | Mixed (custodian with HIN available) |
| Markets available | ASX, US, Hong Kong | 18 markets including US, UK, Europe, Japan, Canada, Singapore |
| Auto-invest / DCA | Yes (multiple levels) | No |
Verdict
Choose SelfWealth for simple, CHESS-sponsored ASX investing; choose Totality Wealth for ultra-low brokerage and global market firepower.
Cost calculator
What would SelfWealth 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 | SelfWealth | Totality Wealth |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | mixed | mixed |
| Individual HIN | Yes | Yes |
| Individual account | Yes | Yes |
| Joint account | Yes | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | Yes | 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 | HK | US, GB, HK, JP, DE, FR, CA, SG, CH, NL, IT, ES, BE, AT, DK, SE, NO, FI |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | No |
| Options trading | No | Yes |
| CFDs supported | No | Yes |
| Managed funds | No | No |
| Bonds supported | No | Yes |
| IPO access | — | No |
| costs hidden | ||
| FX spread (AUD/USD) | 60% | 0.45% |
| FX spread (other currencies) | — | 0.45% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | — | No |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | — | 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 | $9.5 | $3 |
| ASX brokerage percentage | — | 0.08% |
| ASX brokerage threshold | — | $3,750 |
| 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 | US$1 |
| US brokerage percentage | — | 0.08% |
| 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 | $27.5 | $50 |
| identity and trust | ||
| Legal entity name | SelfWealth Pty Ltd | Totality Wealth Limited (formerly Saxo Capital Markets (Australia) Pty Ltd) |
| AFSL number | 421,789 | 280,372 |
| Year founded | 2,012 | 2,012 |
| Parent / ownership | Syfe (Svava Pte Ltd, Singapore) | DMA (Johannesburg, South Africa) 80.1% / Saxo Bank A/S (Denmark) 19.9% |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $500 | $0 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | OSKO, BPAY, EFT/bank transfer | bank_transfer, BPAY, credit_card, debit_card, PayPal, Wise |
| 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 | No |
| Free research reports | No | Yes |
| 2FA support | authenticator app | app |
| Customer support channels | live chat, email, phone | phone, email, live_chat |
| Support hours (AU time) | 10am-4pm AET, Monday-Friday (closed public holidays) | Mon-Fri 08:30-17:30 Sydney time |
| Education content | basic articles | extensive |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| Distribution component breakdown | — | No |
| CGT calculator / report | No | No |
| Sharesight / Navexa integration | Yes | 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) | Yes | Yes |
| After-hours / overnight trading | Yes | No |