Totality Wealth vs Webull
The biggest practical difference is that Webull offers zero-brokerage US trades and near-zero ASX brokerage, while Totality Wealth charges a flat 0.08% on both markets but gives you access to 18 global exchanges plus bonds and CFDs. Webull is a CHESS-sponsored broker with your own HIN; Totality uses a mixed custody model where you can choose CHESS sponsorship or nominee holding. Both charge no monthly or inactivity fees.
- ›You want to trade on 18 global markets including London, Hong Kong, Tokyo, and European exchanges from one account
- ›You need bonds, CFDs, or options alongside standard shares and ETFs
- ›You want a demo account with extensive educational content to learn before trading
- ›You prefer to deposit via BPAY, PayPal, or credit/debit card — not just bank transfer
- ›You want integrated research reports from the platform at no extra cost
- ›You want zero brokerage on US stocks and ETFs, and just 0.03% (min $1) on ASX shares with free ASX ETF trades
- ›You want to buy fractional US shares — Totality doesn't offer them
- ›You want automatic dollar-cost averaging with a weighted auto-invest feature
- ›You want after-hours trading on US markets
- ›You want a built-in CGT calculator and Australian tax statement to simplify tax time
Where they differ
| Fact | Totality Wealth | Webull |
|---|---|---|
| US brokerage | $1 minimum or 0.08% | $0 (free) |
| ASX brokerage minimum | $3 | $1 |
| CHESS sponsorship | Mixed (CHESS or custodian) | CHESS (own HIN) |
| Fractional US shares | Not offered | Available |
| Market data fees | $0/month | $49.99/month |
Choose Webull for ultra-low-cost US and ASX trading with CHESS sponsorship; choose Totality for multi-market access, bonds, and CFDs.
Common questions
How do Totality Wealth and Webull compare on us brokerage?
Totality Wealth: $1 minimum or 0.08%. Webull: $0 (free). Webull charges zero commission on US trades; Totality charges a minimum of $1 USD.
How do Totality Wealth and Webull compare on asx brokerage minimum?
Totality Wealth: $3. Webull: $1. Webull's ASX trades start at $1 vs Totality's $3 minimum.
How do Totality Wealth and Webull compare on chess sponsorship?
Totality Wealth: Mixed (CHESS or custodian). Webull: CHESS (own HIN). Webull is fully CHESS-sponsored by default; Totality lets you choose between CHESS and nominee.
When is Totality Wealth the better choice over Webull?
Pick Totality Wealth if you want to trade on 18 global markets including London, Hong Kong, Tokyo, and European exchanges from one account; you need bonds, CFDs, or options alongside standard shares and ETFs; you want a demo account with extensive educational content to learn before trading; or you prefer to deposit via BPAY, PayPal, or credit/debit card — not just bank transfer.
When is Webull the better choice over Totality Wealth?
Pick Webull if you want zero brokerage on US stocks and ETFs, and just 0.03% (min $1) on ASX shares with free ASX ETF trades; you want to buy fractional US shares — Totality doesn't offer them; you want automatic dollar-cost averaging with a weighted auto-invest feature; or you want after-hours trading on US markets.
Totality Wealth or Webull — what's the verdict?
Choose Webull for ultra-low-cost US and ASX trading with CHESS sponsorship; choose Totality for multi-market access, bonds, and CFDs.
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 | Totality Wealth | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | mixed | chess |
| 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 | 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 | US, GB, HK, JP, DE, FR, CA, SG, CH, NL, IT, ES, BE, AT, DK, SE, NO, FI | Hong Kong, China (A-shares) |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | Yes | Yes |
| CFDs supported | Yes | No |
| Crypto trading | — | Yes |
| Managed funds | No | No |
| Bonds supported | Yes | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.45% | 0.5% |
| FX spread (other currencies) | 0.45% | 0.5% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $49.99/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 | $3 | $1 |
| ASX brokerage percentage | 0.08% | 0.03% |
| ASX brokerage threshold | $3,750 | $3,333 |
| ASX free trade conditions | — | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | US$1 | US$0 |
| US brokerage percentage | 0.08% | 0% |
| 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 | $50 | — |
| identity and trust | ||
| Legal entity name | Totality Wealth Limited (formerly Saxo Capital Markets (Australia) Pty Ltd) | Webull Securities (Australia) Pty Ltd |
| AFSL number | 280,372 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,012 | 2,022 |
| Parent / ownership | DMA (Johannesburg, South Africa) 80.1% / Saxo Bank A/S (Denmark) 19.9% | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $0 | $500 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | bank_transfer, BPAY, credit_card, debit_card, PayPal, Wise | PayTo, Bank transfer (EFT), International wire |
| Settlement period | T+2 ASX, T+1 US | T+2 for ASX; T+1 for US |
| Withdrawal time | 1-3 business days | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | No | No |
| Free research reports | Yes | No |
| 2FA support | app | authenticator |
| Customer support channels | phone, email, live_chat | Phone, Email, In-app chat |
| Support hours (AU time) | Mon-Fri 08:30-17:30 Sydney time | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | extensive | structured |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| 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 | No | Yes |
| Auto-invest sophistication | none | weighted |
| DRP (dividend reinvestment) | Yes | No |
| After-hours / overnight trading | No | Yes |