Broker comparison

CommSec vs.
Selfwealth

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

For plain ASX share trading Selfwealth is the cheaper and more transparent choice at a flat AUD 9.50 per trade, with US stocks from $0 commission. CommSec costs from AUD 10 (up to $1,000) or AUD 19.95 (up to $10,000), but is the only one of the two with ASX options, warrants and managed funds, plus Commonwealth Bank integration. Both are ASIC-regulated with no minimum deposit.

Australia's largest online broker by Commonwealth Bank

Australian flat-fee broker with transparent pricing

At a glance

The key differences

Criterion
PlatformsCommSec Web, CommSec AppSelfwealth Web, Selfwealth App
Product typesStocks, ETFs, Options, Warrants, Managed FundsStocks, ETFs
Options tradingYes, ASX options availableNo
Fee modelfrom AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000)AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Minimum deposit0 AUD0 AUD
RegulationASICASIC
More informationDetailsDetails

Platforms

CommSec

CommSec Web, CommSec App

Selfwealth

Selfwealth Web, Selfwealth App

Product types

CommSec

Stocks, ETFs, Options, Warrants, Managed Funds

Selfwealth

Stocks, ETFs

Options trading

CommSec

Yes, ASX options available

Selfwealth

No

Fee model

CommSec

from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000)

Selfwealth

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Minimum deposit

CommSec

0 AUD

Selfwealth

0 AUD

Regulation

CommSec

ASIC

Selfwealth

ASIC

More information

CommSec

Details

Selfwealth

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000)

Published fee
from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000)
Minimum deposit
0 AUD
See terms at provider

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Published fee
AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Minimum deposit
0 AUD
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at CommSec and Selfwealth, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioCommSecSelfwealth
ETF savings plan, ≈ €200 a monthA$2CommSec Pocket regular investing: A$2 per order up to A$1,000 × 1A$9.50Auto-Invest: flat A$9.50 per filled order × 1
10 stock buys of ≈ €1,000 a monthA$100Online, settled to CDIA: A$10 per trade (A$1,000–3,000) × 10A$95ASX: flat A$9.50 per trade × 10
Custody and account fee per yearA$0Account keeping fee $0, inactivity fee A$0A$0No account opening, inactivity or closure fees

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: commsec.com.au · help.selfwealth.com.au · selfwealth.com.au

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsWarrantsManaged Funds
StocksETFs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

CommSec Web · CommSec App

CommSec offers trading through CommSec Web and the CommSec App. The web platform is comprehensive, offering research tools, stock screeners, detailed market data, charting features, and access to ASX options trading. The mobile app enables quick trading and portfolio monitoring on the go with push notifications and watchlists. CommSec is seamlessly integrated with Commonwealth Bank online banking and enables instant transfers between accounts.

Explore platform

Selfwealth Web · Selfwealth App

Selfwealth offers trading through Selfwealth Web and the Selfwealth App. The web platform provides order placement, portfolio overview, community performance comparison, and market data. The mobile app enables trading and portfolio monitoring on the go. Both platforms are clearly designed and focused on simplicity but offer few advanced trading features like real-time charts or technical indicators.

Explore platform

Regulation & security

CommSec

Commonwealth Securities Limited (ABN 60 067 254 399, AFSL 238814), CBA subsidiary

Supervisor
ASIC
Investor compensation
ASX shares CHESS-sponsored under the client's own HIN; Australia has no general investor compensation scheme
Cash
Settles via a CDIA account at Commonwealth Bank; Financial Claims Scheme up to A$250,000 per bank

Selfwealth

Selfwealth Pty Ltd (AFSL 421789), 'Selfwealth by Syfe'

Supervisor
ASIC
Investor compensation
ASX shares CHESS-sponsored under the client's own HIN; Australia has no general investor compensation scheme
Cash
Cash held in a dedicated ANZ cash account in trust with the client as beneficiary, separate from company funds

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

For investors who often place smaller orders: cheaper than Selfwealth at low order sizes, plus ASX options and banking integration.

  • 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

For investors who want one flat fee regardless of order size — attractive for larger purchases. ASX shares are CHESS-sponsored under your own HIN.

  • Transparent flat-fee structure
  • Commission-free US stock trading
  • Community features for performance comparison
  • Only available for Australian customers
  • Limited product range (stocks and ETFs only)

Find the broker that fits

CommSec oder Selfwealth?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

CommSec and Selfwealth do not earn the same way

The table shows what they cost. These lessons show how they earn, which is what the difference is made of.

In-depth analysis

Entry and fees: Neither asks for a minimum deposit. After that the two cost models follow different logic. Selfwealth charges a flat AUD 9.50 per ASX trade regardless of order size, and trades US stocks from $0 commission. CommSec is tiered: from AUD 10 per trade up to $1,000 of order value and AUD 19.95 up to $10,000. On small orders the two sit close together; the larger the order, the clearer the advantage of the flat fee. If you are looking up CommSec fees, this is the direct comparison.

Products and platforms: This is the real difference. CommSec trades stocks, ETFs, options, warrants and managed funds, and is the only one of the two with ASX options. Selfwealth restricts itself to stocks and ETFs and offers no options. If you want to run an options strategy on the ASX, CommSec is the only route here. On platforms both offer web and app; CommSec brings comprehensive research and analysis tools, Selfwealth community features for comparing performance but, by its own profile, few advanced trading features.

Profile and verdict: CommSec (4.0/5 from 1,800 reviews) was founded in 1995, is based in Sydney and is tightly integrated with Commonwealth Bank. Selfwealth (3.9/5 from 550 reviews) was founded in 2012 and is based in Melbourne. Both are ASIC-regulated and available only to Australian customers. If you only buy stocks and ETFs, Selfwealth saves money; if you need options, warrants or funds, choose CommSec.

Your questions

Frequently asked questions

How do fees differ between CommSec and Selfwealth?
CommSec: from AUD $10 per trade (up to $1,000), AUD $19.95 (up to $10,000). Selfwealth: AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CommSec or Selfwealth?
CommSec offers Stocks, ETFs, Options, Warrants, Managed Funds. Selfwealth offers Stocks, ETFs.
How are CommSec and Selfwealth regulated?
The broker profiles list ASIC for CommSec and ASIC for Selfwealth. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CommSec or Selfwealth better for beginners?
CommSec lists a 0 AUD minimum deposit and offers CommSec Web, CommSec App. Selfwealth lists 0 AUD and offers Selfwealth Web, Selfwealth App. Compare usability, available products and costs for your intended use.
CommSec vs Selfwealth: Which broker is better overall?
The choice between CommSec (4/5, 1800 reviews) and Selfwealth (3.9/5, 550 reviews) depends on your needs. CommSec: Australia's largest online broker by Commonwealth Bank. Selfwealth: Australian flat-fee broker with transparent pricing.

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