Alternatives to Marketech Focus
Marketech Focus is a CHESS-sponsored ASX broker known for low-cost ASX trading at $5 brokerage, though it charges a $20 monthly platform fee and doesn't offer US shares. If you're paying that monthly fee without trading enough to justify it, or you want access to US markets, fractional shares, or automated investing, there are solid alternatives. We've picked six platforms that each address a different limitation of Marketech Focus, from fee-free options to brokers with broader market access.
No monthly fee, US shares from $0.99, and options trading — all with CHESS sponsorship on ASX.
- ASX brokerage minimum
- $3(Marketech Focus: $5)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
ASX trades from $3 with no monthly fee, plus US fractional shares for global diversification.
- ASX brokerage minimum
- $3(Marketech Focus: $5)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Marketech Focus: chess)
Auto-invest and kids accounts with no platform fee, ideal for long-term passive investors.
- ASX brokerage minimum
- $6.5(Marketech Focus: $5)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Marketech Focus: chess)
Flat $9.50 brokerage with no monthly fee, plus auto-invest and kids accounts included.
- ASX brokerage minimum
- $9.5(Marketech Focus: $5)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed(Marketech Focus: chess)
ASX trades from $1 and zero-commission US shares, all CHESS-sponsored with no monthly fee.
- ASX brokerage minimum
- $1(Marketech Focus: $5)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
No monthly fee, CHESS-sponsored, and backed by CBA with access to both ASX and US shares.
- ASX brokerage minimum
- $5
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
Common questions
Is Marketech Focus worth the $20 monthly fee?
It depends on how often you trade. If you make several trades a month, the low $5 brokerage can offset the fee. But if you trade infrequently or hold long-term, a broker with no monthly fee will likely work out cheaper.
Can I trade US shares with Marketech Focus?
No, Marketech Focus only supports ASX, Cboe and NSX trading. If you want US shares, you'll need a broker that offers international trading, which many alternatives provide with competitive brokerage rates.
Does Marketech Focus support automatic investing?
No, Marketech Focus does not offer auto-invest or dollar-cost averaging features. If you want to set up regular automated investments, look for a broker that includes this feature as part of its standard offering.
What does CHESS sponsorship mean and does Marketech Focus have it?
CHESS sponsorship means your ASX shares are registered in your name on the exchange's settlement system, giving you direct ownership. Marketech Focus is fully CHESS-sponsored, so your holdings are protected even if the broker fails.