Alternatives to Halo Technologies
Halo Technologies is known for offering access to 30 global exchanges alongside ASX and US trading, but it charges a $159 monthly platform fee and uses a custodian model rather than CHESS sponsorship. If you're paying that monthly fee but only trade a handful of times per month, or if you prefer direct CHESS ownership of your ASX shares, switching could save you money. We've listed 7 alternatives that offer different approaches — from zero-fee brokers to CHESS-sponsored platforms — so you can compare what fits your situation.
CHESS-sponsored ASX trades from $6.50 with no monthly fee, plus auto-invest and kids accounts built in.
- ASX brokerage minimum
- $6.5(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Halo Technologies: custodian)
CHESS-sponsored ASX trades from $3 and US shares with fractional ownership, zero monthly platform fee.
- ASX brokerage minimum
- $3(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Halo Technologies: custodian)
Custodian-held trades from $2 with no monthly fee, but no CHESS sponsorship if that matters to you.
- ASX brokerage minimum
- $2(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian
Access over 30 global markets with US trades from $1 and no monthly platform fee.
- ASX brokerage minimum
- $6(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian
CHESS-sponsored ASX and US trades from $9.50 with no monthly fee, plus DRP and SMSF support.
- ASX brokerage minimum
- $9.5(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Halo Technologies: custodian)
CHESS-sponsored ASX trades from $11 plus commission-free US shares across 14 global markets.
- ASX brokerage minimum
- $11(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess(Halo Technologies: custodian)
Zero brokerage on ASX shares and Vanguard ETFs with no platform fee, ideal for long-term investors.
- ASX brokerage minimum
- $0(Halo Technologies: $15)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian
Common questions
Why would I switch from Halo Technologies?
The main reason is the $159 monthly platform fee. If you don't trade frequently or across many global markets, that fee can eat into your returns. Many alternatives charge no monthly fee and offer lower per-trade brokerage.
Does Halo Technologies use CHESS sponsorship?
No. Halo is a custodian-held broker, meaning shares are held in Halo's name on your behalf. If you want direct ownership of ASX shares under your own HIN, you'd need a CHESS-sponsored broker instead.
Are there brokers with lower fees than Halo Technologies?
Yes, plenty. Several Australian brokers charge zero monthly platform fees and offer ASX trades from as low as $1 to $9.50. Some even offer zero brokerage on US shares or certain ETFs.
Can I still trade US and international shares without Halo's monthly fee?
Absolutely. Several brokers offer US share trading with no monthly fee, and some provide access to 14 or more global markets. You'll pay per-trade brokerage instead of a flat monthly charge.