At a glance
- ASX brokerage minimum
- $5
- Monthly platform fee
- $0/month
- CHESS sponsorship model
- chess
- ASX ETFs supported
- Yes
- Auto-invest / DCA
- No
- Kids / minor account
- Yes
What it costs
Brokerage, account fees, withdrawal fees
ASX brokerage threshold
Trade value above which percentage pricing kicks in (or below which special pricing applies).
$25,000
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ASX free trade conditions
Description of any conditions under which ASX brokerage is waived.
Conditional: $5 minimum requires linked CDIA (Commonwealth Direct Investment Account) or CommSec Margin Loan as the settlement account AND CHESS sponsorship with CommSec. Without CDIA linkage, brokerage starts at $29.95 for trades up to $9,999.99 and 0.31% above. Promotional $0 brokerage offers occasionally run for new customers (e.g. 30 free trades up to $50,000 each, May–Nov 2026 offer for new sign-ups).
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Off-market transfer fee
Fee to transfer holdings to another broker via off-market transfer.
$54
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Hidden costs
FX spreads, market data fees, currency switch tricks
FX spread (AUD/USD)
Margin charged on AUD↔USD currency conversion, expressed as % of converted amount.
0.55%
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Holds USD account
Whether the platform allows holding balances in USD without forced conversion.
Yes
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FX currency switch trick
Whether platform calculates FX in foreign currency relative to base currency, inflating effective rate.
No
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Corporate action fees
Fees associated with rights issues, takeovers, share purchase plans.
Corporate actions (SPP, rights issue, takeovers, demergers, dividend payments) are not separately charged by CommSec. They are processed via the share registry/issuer. CommSec does not send trade confirmations for off-market events, so Sharesight/other tracker sync requires manual updates. Failed-settlement fees apply if payment is late ($10 minimum or 0.66% above $1,500).
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What you can buy
Markets, ETFs, options, crypto
Other markets supported
List of other international markets supported (UK, Europe, HK, Japan etc.).
United States, Canada, United Kingdom, France, Germany, Italy, Netherlands, Hong Kong, Japan, Belgium, Norway, Spain, Sweden
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How shares are held
CHESS sponsorship, custodian, account types
Trading features
Auto-invest, conditional orders, after-hours
Market orders
Whether platform supports market orders (buy/sell at current best price).
Yes
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Conditional orders
Whether platform supports advanced conditional / contingent orders.
Yes
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DRP (dividend reinvestment)
Whether platform passes through DRP elections to issuers.
Yes
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After-hours / overnight trading
Whether platform supports trading outside main market hours (e.g. 24-hour US trading).
Yes
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Tax & reporting
Statements, capital gains, integrations
Australian tax statement
Whether platform provides an Australian-format annual tax statement.
Yes
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Distribution component breakdown
Whether tax statement breaks down trust distributions into income / capital gains / franking components.
No
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CGT calculator / report
Whether platform provides realised capital gains/losses calculation.
No
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Sharesight / Navexa integration
Whether platform provides API or feed for portfolio tracker apps.
Yes
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Money in & out
Minimum deposits, methods, withdrawals
Minimum subsequent purchase
Minimum value for subsequent purchases of the same security.
$0
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Deposit methods
Methods accepted to fund the account.
BPAY, Direct debit, Bank transfer (CDIA), Cheque, Cash deposit (CBA branch/ATM)
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Settlement period
Settlement convention (e.g. T+2 for ASX, T+1 for US).
T+2 (ASX) / T+1 (US)
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Withdrawal time
Typical time from withdrawal request to funds in bank account.
Same-day to 1 business day (instant when funds in CDIA via real-time transfer)
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Platform & support
Apps, education, security
Desktop platform
Whether platform offers an installable desktop application (vs. web only).
No
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Free real-time market data
Whether real-time prices on ASX/US are free (vs. delayed or paid).
Yes
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Free research reports
Whether platform provides bundled professional research reports.
Yes
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Customer support channels
Support channels offered (phone / email / live chat / in-app).
phone, email, live chat (in-app), secure mail (in-platform), social media (X, Instagram)
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Support hours (AU time)
Hours customer support is available in AET.
Phone 8am-6pm Mon-Fri Sydney time (general & options); extended trading-hours support during ASX session. No 24/7 support.
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Education content
Quality and depth of platform-provided educational content.
structured courses
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Trust & regulation
Entity, AFSL, parent
Legal entity name
Full registered legal name of the entity providing the platform.
Commonwealth Securities Limited
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Year founded
Year the platform first offered services to Australian retail investors.
1,995
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Parent / ownership
Ultimate parent company or owner of the platform.
Commonwealth Bank of Australia (ASX: CBA)
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Every fact above came from www.commsec.com.au. Click "source" to see the exact page and quote we extracted from. Pricing changes often — verify on the platform before you commit.