Selfwealth
Australian flat-fee broker with transparent pricing
Ready in 2 minutes
* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
Key Features
Stocks
Stocks trading available
ETFs
ETFs trading available
Selfwealth Web
Trading Platform
Selfwealth App
Trading Platform
Advantages
- Transparent flat-fee structure
- Commission-free US stock trading
- Community features for performance comparison
Disadvantages
- Only available for Australian customers
- Limited product range (stocks and ETFs only)
- Few advanced trading features
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
About Selfwealth
Selfwealth was founded in 2012 in Melbourne and is an Australian flat-fee broker distinguished by its transparent pricing. As an ASIC-regulated provider, Selfwealth offers a uniform flat fee of AUD 9.50 per trade on the ASX and commission-free US stock trading. The community features for performance comparison make Selfwealth unique. The product range focuses on stocks and ETFs on the Australian Securities Exchange (ASX) as well as US stocks. There is no minimum deposit, and the transparent fee structure without hidden costs makes Selfwealth particularly attractive for cost-conscious investors. Selfwealth stands out for its unique community features that allow investors to compare their portfolio performance with other users. The platform is particularly suitable for Australian retail investors seeking a cost-effective, transparent alternative to established brokers like CommSec.
Selfwealth FAQ
What does a trade cost at Selfwealth?
What are the community features at Selfwealth?
Can I trade options at Selfwealth?
Is Selfwealth cheaper than CommSec?
Popular Strategies to Try
Concrete example trades you can replicate after opening your account at Selfwealth.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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