share trading

CommSec

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 minimum
Minimum dollar fee per single ASX trade in AUD.
$5
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ASX brokerage percentage
Percentage fee charged on ASX trades, where applicable.
0.12%
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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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US brokerage minimum
Minimum dollar fee per single US trade.
US$5
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US brokerage percentage
Percentage fee on US trades.
0.12%
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Monthly platform fee
Recurring monthly account or platform fee.
$0/month
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Annual platform fee
Recurring annual account fee, where applicable.
$0/year
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Inactivity fee
Fee charged if the account is inactive for a defined period.
$0
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Withdrawal fee (AUD)
Fee to withdraw AUD to an Australian bank account.
$0
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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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FX spread (other currencies)
Margin on other currency pairs (GBP, EUR, HKD, JPY).
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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Market data fees
Cost of real-time market data subscriptions, where not free.
$0/month
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Conditional order fees
Fee for stop-loss, take-profit, or other conditional orders.
$0
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Phone trade surcharge
Additional fee for placing trades over the phone vs. online.
$59.95
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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

ASX shares supported
Whether the platform supports trading of ASX-listed equities.
Yes
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ASX ETFs supported
Whether the platform supports ASX-listed ETFs.
Yes
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US shares supported
Whether the platform supports trading of US-listed equities.
Yes
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US ETFs supported
Whether the platform supports US-listed ETFs.
Yes
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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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Fractional shares (ASX)
Whether ASX shares can be purchased in fractional units.
No
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Fractional shares (US)
Whether US shares can be purchased in fractional units.
Yes
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Options trading
Whether platform supports exchange-traded options.
Yes
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CFDs supported
Whether platform offers contracts for difference.
No
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Managed funds
Whether platform offers unlisted managed funds.
Yes
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Bonds supported
Whether platform offers direct bond trading.
Yes
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IPO access
Whether platform provides access to IPO subscriptions.
Yes
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How shares are held

CHESS sponsorship, custodian, account types

CHESS sponsorship model
Whether ASX shares are held under CHESS sponsorship (in user's name with own HIN), custodian (held in trust by broker), or mixed.
chess
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Individual HIN
Whether CHESS-sponsored shares are held under user's own individual HIN (vs. pooled HIN).
Yes
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Individual account
Whether platform supports individual (single-name) accounts.
Yes
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Joint account
Whether platform supports joint accounts (typically two parties).
Yes
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Company account
Whether platform supports company (Pty Ltd) accounts.
Yes
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Trust account
Whether platform supports family / discretionary trust accounts.
Yes
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SMSF account
Whether platform supports self-managed super fund accounts.
Yes
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Kids / minor account
Whether platform supports investing for children (under 18).
Yes
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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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Limit orders
Whether platform supports limit orders.
Yes
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Stop loss orders
Whether platform supports stop-loss orders.
Yes
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Conditional orders
Whether platform supports advanced conditional / contingent orders.
Yes
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Auto-invest / DCA
Whether platform supports automatic recurring investment.
No
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Auto-invest sophistication
How sophisticated the auto-invest feature is.
none
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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 initial deposit
Minimum amount required for first ASX share/ETF purchase.
$500
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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

iOS app
Whether platform offers an iOS app.
Yes
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Android app
Whether platform offers an Android app.
Yes
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Desktop platform
Whether platform offers an installable desktop application (vs. web only).
No
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Demo account
Whether platform offers a demo / paper trading account.
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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2FA support
Type of two-factor authentication supported.
SMS + authenticator
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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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AFSL number
Australian Financial Services Licence number issued by ASIC.
238,814
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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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Country of incorporation
Country where the operating entity is incorporated.
AU
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Public company status
Whether the platform or its parent is publicly listed.
public
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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.