Alternatives to Totality Wealth
Totality Wealth (formerly Saxo Markets) is an Australian broker offering CHESS-sponsored and custodian ASX trading from $3, US shares from $1, options trading, and SMSF accounts. It's known for competitive forex-style pricing and a solid global markets offering. But you might want an alternative if you're after lower US brokerage, auto-invest features, kids accounts, or a simpler fee structure. Some investors also prefer a platform with full CHESS sponsorship on all trades rather than a mixed model. We've picked 6 alternatives worth considering.
Full CHESS sponsorship on all ASX trades, US brokerage from $0.99, plus auto-invest and fractional shares.
- ASX brokerage minimum
- $3
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess(Totality Wealth: mixed)
ASX trades from just $1 and zero-commission US shares, with full CHESS sponsorship and options trading.
- ASX brokerage minimum
- $1(Totality Wealth: $3)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess(Totality Wealth: mixed)
Built-in auto-invest and kids accounts for $6.50 per trade, with a community-focused investing approach.
- ASX brokerage minimum
- $6.5(Totality Wealth: $3)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed
Access to 30+ global markets with low US brokerage from $1 and advanced trading tools.
- ASX brokerage minimum
- $6(Totality Wealth: $3)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian(Totality Wealth: mixed)
ASX trades from $3 with a percentage-based fee model that can save on larger trades.
- ASX brokerage minimum
- $3
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- mixed
Commission-free US shares, full CHESS sponsorship, and support for kids accounts and auto-invest.
- ASX brokerage minimum
- $11(Totality Wealth: $3)
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess(Totality Wealth: mixed)
Common questions
What are the main differences between Totality Wealth and other Australian brokers?
Totality Wealth uses a mixed CHESS model (some trades are CHESS-sponsored, some are custodian-held). Many alternatives offer full CHESS sponsorship on every ASX trade. Totality also charges percentage-based brokerage, while some competitors use flat fees or offer zero-commission US trading.
Does Totality Wealth support auto-invest or regular savings plans?
No, Totality Wealth does not offer auto-invest or dollar-cost averaging features. If you want to set up regular automated investments into ETFs or shares, you'll need to look at a broker that includes this feature as part of its standard offering.
Can I open a kids or minor account with Totality Wealth?
No, Totality Wealth does not offer minor or kids accounts. If you're looking to invest on behalf of children, you'll need a broker that specifically supports minor accounts or trust structures for under-18 investors.
Is Totality Wealth good for US share trading compared to other brokers?
Totality Wealth offers US shares from $1 brokerage with a percentage fee, which is competitive. However, some brokers offer zero-commission US trading or flat fees that can work out cheaper depending on your trade size and frequency.