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
Broker comparison
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonSummary
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
| Criterion | ||
|---|---|---|
| Platforms | CommSec Web, CommSec App | Selfwealth Web, Selfwealth App |
| Product types | Stocks, ETFs, Options, Warrants, Managed Funds | Stocks, ETFs |
| Options trading | Yes, ASX options available | No |
| Fee model | from 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 deposit | 0 AUD | 0 AUD |
| Regulation | ASIC | ASIC |
| More information | Details | Details |
CommSec Web, CommSec App
Selfwealth Web, Selfwealth App
Stocks, ETFs, Options, Warrants, Managed Funds
Stocks, ETFs
Yes, ASX options available
No
from 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
0 AUD
0 AUD
ASIC
ASIC
Product access and costs depend on market, account and permissions.
Detailed comparison
Compare total costs, not just the order fee.
The relevant costs depend on market, currency, order size and trading style.
Worked out
Typical months at CommSec and Selfwealth, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | CommSec | Selfwealth |
|---|---|---|
| ETF savings plan, ≈ €200 a month | A$2CommSec Pocket regular investing: A$2 per order up to A$1,000 × 1 | A$9.50Auto-Invest: flat A$9.50 per filled order × 1 |
| 10 stock buys of ≈ €1,000 a month | A$100Online, settled to CDIA: A$10 per trade (A$1,000–3,000) × 10 | A$95ASX: flat A$9.50 per trade × 10 |
| Custody and account fee per year | A$0Account keeping fee $0, inactivity fee A$0 | A$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
Order type, venue and liquidity affect execution.
Check the provider’s execution policy and available order types for your account.
Provider informationCheck the provider’s execution policy and available order types for your account.
Provider informationCategories come from broker profiles. Check specific markets and permissions before deciding.
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 platformSelfwealth 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 platformCommSec
Commonwealth Securities Limited (ABN 60 067 254 399, AFSL 238814), CBA subsidiary
Selfwealth
Selfwealth Pty Ltd (AFSL 421789), 'Selfwealth by Syfe'
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
For investors who often place smaller orders: cheaper than Selfwealth at low order sizes, plus ASX options and banking integration.
For investors who want one flat fee regardless of order size — attractive for larger purchases. ASX shares are CHESS-sponsored under your own HIN.
Find the broker that fits
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
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
Your next step
Australia's largest online broker by Commonwealth Bank
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Open accountRead reviewThe guides worth reading before your first trade, whichever of the two you choose.