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CommSec

CommSec

4(1800)

ASIC

VS
Lightspeed

Lightspeed

4.1(420)

SEC/FINRA

CommSec vs Lightspeed

Head-to-Head Comparison 2026

Our Verdict

Lightspeed has a higher rating of 4.1/5 compared to CommSec (4/5). CommSec offers 5 instrument types, while Lightspeed offers 4. The minimum deposit is lower at CommSec with 0 AUD. CommSec has been in the market since 1995, making it the more experienced provider.

Comparison Table

CriteriaCommSecLightspeed
Rating4/5 (1800 reviews)4.1/5 (420 reviews)✓
RegulationASICSEC/FINRA
Feesfrom AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000)Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract
Min. Deposit0 AUD10.000 $
InstrumentsStocks, ETFs, Options, Warrants, Managed FundsStocks, ETFs, Options, Futures
PlatformsCommSec Web, CommSec AppLightspeed Trader, Sterling Trader Pro, Eze EMS
Options TradingYes, ASX options availableYes, professional options trading
Founded19952006
HeadquartersSydneyNew York

Detailed Comparison

Fee Comparison

CommSec: from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000). Minimum deposit: 0 AUD.

Lightspeed: Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract. Minimum deposit: 10.000 $.

Product Range

CommSec (5 categories)

StocksETFsOptionsWarrantsManaged Funds

Lightspeed (4 categories)

StocksETFsOptionsFutures

Trading Platforms

CommSec

  • CommSec Web
  • CommSec App

Lightspeed

  • Lightspeed Trader
  • Sterling Trader Pro
  • Eze EMS

Regulation & Security

CommSec is regulated by ASIC (HQ: Sydney).

Lightspeed is regulated by SEC/FINRA (HQ: New York).

Who Is It For?

CommSec

Australia's largest online broker by Commonwealth Bank

✓ Australia's most well-known and largest broker

✓ Seamless integration with Commonwealth Bank

✓ Comprehensive research and analysis tools

✗ Higher fees than neobrokers

✗ Only available for Australian customers

Lightspeed

US broker for professional day traders with ultra-fast execution

✓ Ultra-fast order execution for day traders

✓ Very low fees for frequent traders

✓ Professional trading platforms

✗ Very high minimum deposit ($10,000)

✗ Not suitable for beginners

Frequently Asked Questions

Is CommSec or Lightspeed cheaper?
CommSec charges from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000). Lightspeed charges Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract. The minimum deposit is 0 AUD at CommSec and 10.000 $ at Lightspeed.
Which broker offers more products: CommSec or Lightspeed?
CommSec offers Stocks, ETFs, Options, Warrants, Managed Funds. Lightspeed offers Stocks, ETFs, Options, Futures.
Which broker is better regulated?
CommSec is regulated by ASIC. Lightspeed is regulated by SEC/FINRA.
Is CommSec or Lightspeed better for beginners?
CommSec has a minimum deposit of 0 AUD and offers CommSec Web, CommSec App as platforms. Lightspeed has a minimum deposit of 10.000 $ and offers Lightspeed Trader, Sterling Trader Pro, Eze EMS. CommSec has the lower entry barrier.
CommSec vs Lightspeed: Which broker is better overall?
The choice between CommSec (4/5, 1800 reviews) and Lightspeed (4.1/5, 420 reviews) depends on your needs. CommSec: Australia's largest online broker by Commonwealth Bank. Lightspeed: US broker for professional day traders with ultra-fast execution.
CommSec

CommSec

Australia's largest online broker by Commonwealth Bank

Open Account →

From 0 AUD min. deposit

Lightspeed

Lightspeed

US broker for professional day traders with ultra-fast execution

Open Account →

From 10.000 $ min. deposit

CommSec read review →Lightspeed read review →