CommSec Share Trading Account

A CommSec Share Trading Account gives you a fast, simple and affordable way to buy and sell Australian shares. You can place orders without a deposit1, so you can take advantage of investment opportunities when they arise. And you can place them however suits you best — online, on the go via our App or over the phone.

To settle your trades, you can choose an existing cash account, or access our lowest brokerage rates with a Commonwealth Direct Investment Account2. With our seamless cash integration, you can make real-time cash transfers, and login just once via either NetBank or CommSec to manage your cash and trading accounts.

Convenience, flexibility and great value aren’t all a CommSec Share Trading Account offers. On the CommSec website you’ll find everything you need to invest with confidence, whatever your level of experience — free real-time quotes, market depth, live announcements and live charting, no conditions attached.

Apply now and you could be trading today.

Products you can invest in with this account

Australian shares

Invest in Australian companies listed on the ASX, with brokerage from as low as $10.002 per trade. Use our free research, live quotes and trading tools to help you invest with confidence.

Exchange Traded Funds

Exchange Traded Funds are funds that trade on a stock exchange like ordinary shares. They combine the investment advantages of managed funds with the ease and cost-effectiveness of share trading.

Warrants

Warrants trade on the ASX and provide leveraged exposure to underlying shares, indices, currencies, commodities and listed managed investments.

MINIs

MINI trading warrants (MINIs) are a type of trading warrant that provide the potential for a high return for a relatively small capital investment. 

Partly Paid Securities

Partly Paid Securities do not require full payment upfront; you make a small initial investment to acquire the security and pay additional instalment(s) over time.

Company Options

Company Options are issued by a company to raise capital and trade on the ASX. They provide the holder the right but not the obligation to buy additional shares in the company at a specified price.

How it works

Use a CommSec Share Trading Account to invest in a range of ASX-listed securities, including Australian shares, using our award-winning trading platform. View free real-time share and market prices, and settle your trades through the cash account of your choice or a CDIA for brokerage from as low as $10.00 per trade2.

  • Get informed with our extensive range of free trading tools, industry research and market news. 
  • Place orders up to $25,000 - online, via our App or over the phone - without a deposit1.
  • Settle trades to the cash account of your choice. 
  • Stay in touch with your portfolio and monitor its performance 24/7. 

Already an experienced trader? You may qualify for premium support and benefits via CommSec One. Click here to find out more.

 

Rates and fees

Trade Execution

Brokerage fee amount by transaction value1

Trade online and settle your trade to a CDIA or CommSec Margin Loan2

$10.00 (Up to and including $1,000)

$19.95 (Over $1,000 up to $10,000 (inclusive))

$29.95 (Over $10,000 up to $25,000 (inclusive))

0.12% (Over $25,000)

Trade online and settle into a bank account of your choice

$29.95 (Up to and including $9,999.99)

0.31% ($10,000 and above)

Share Trades over the Phone3

$59.95 (Up to and including $10,000)

0.52% (Over $10,000 up to $25,000 (inclusive))

0.49% (Over $25,000 up to $1,000,000 (inclusive))

0.11% (Over $1,000,000)

CommSec Share Packs online4

$66 per pack of 6 stock (equates to $11 per stock5)

CommSec Share Packs over the phone4

$181.50 per pack of 6 stock (equates to $30.25 per stock5)

Trades requiring settlement through a third party6

$99.95 (Up to and including $15,000)

0.66% (Over $15,000)

One Off Trades

$66.00 (Up to and including $10,000)

0.66% (Over $10,000)

Deceased Estates

$59.95 (Up to and including $10,000)

0.52% (Over $10,000 up to $25,000 (inclusive))

0.49% (Over $25,000 up to $1,000,000 (inclusive))

0.11% (Over $1,000,000)

1 For GST rounding reasons, the final brokerage fee may vary from the stated or expected brokerage fee by a couple of cents.

2 To be eligible, you must trade online, be CHESS Participant Sponsored with CommSec and settle your trades through either a Commonwealth Direct Investment Account (CDIA) or a CommSec Margin Loan.

3 Brokerage charged (shares, warrants and listed managed investments): Brokerage at these rates applies each time you buy or sell a stock, warrant or listed managed investment.

4 Normal brokerage will apply when a stock acquired through CommSec Share Packs is subsequently sold.

5 Amount per share will be noted as brokerage on each confirmation issued. There will be no substitution should a stock have a trading halt placed on it.

6 Includes third party Margin Lending, and where the Commonwealth Bank exercises its rights under the loan Terms and Conditions.

Other fees may apply. Please see the CommSec Financial Services Guide

$0. There are no monthly fees associated with a CommSec Share Trading account.

Get started

Open a CommSec Share Trading Account

Be up and running in as little as 5 minutes. Start by choosing one of the options below:

Trade from $10.00

Buy and sell shares using a CommSec Share Trading Account and settle with our Commonwealth Direct Investment Account (CDIA). With a CDIA, you can seamlessly settle trades, transact and earn interest.
Join now >

Trade from $29.95

Buy and sell shares using a CommSec Share Trading Account with your existing bank account.
Join now >

Frequently asked questions

Important: The shares you wish to transfer (whether held with another broker or the share registry) must have identical registration details (both name and address) to your CommSec Share Trading Account. If registration details differ by even one character, you will need to change these details before completing the form.


Shares held with the share registry
To transfer shares held with the share registry into your CommSec share trading account you will need to submit an Issuer to CHESS transfer request. You can do this online by logging in and navigating to Portfolio > Accounts (select account) > Transfers. 

For the transfer to be successful the name and address registered on your issuer holdings must match your CommSec account. 

Your request will be completed within 72 hours.


Please note: If your shares are held in another entity, for example yourself in trust for a super fund, you need to complete an Off Market Transfer form.

Once your buy order is partially or fully executed with CommSec, settlement will take place two (2) business days after its execution (T+2)3.
There are two options available for paying for your shares:

  • Automatic direct debit from a linked nominated bank account is the recommended option. We will automatically direct debit from your nominated bank account on T+2. To view the bank account you nominated on your application form, select Portfolio > Profile after you have logged into your CommSec account.
  • In addition to your nominated bank account for settlement, you can deposit funds for your buy trades via BPay. A clearance time of up to two (2) business days may apply, so it is important to organise payment early to ensure funds are clear and available on settlement date. Your payment may be partially or wholly offset under the CommSec contra policy. For a BPay payment reference number go to Portfolio > Accounts > Account details.

When you have bought and sold shares on the same day and the next trading day, your payment may be partially or wholly offset. For more information refer to the New Client Guide.

CHESS (Clearing House Electronic Sub-register System) is the system used by the ASX to record shareholdings and manage the settlement of share transactions.
If you are CHESS sponsored by CommSec you can automatically keep track of your portfolio and its market value online, it’s easy to buy and sell shares (because all the required information is available, so you don't have to ask the company’s share registry to provide it) and you can even place a buy order without a deposit if you have sufficient holdings sponsored by us.
For your holdings to be registered in the CHESS Settlement Facility, you need to be sponsored by a Settlement Participant of the ASX Group, such as CommSec. Broker sponsored holdings are allocated a Holder Identification Number (HIN).
To become CHESS sponsored with CommSec, download the form from Support > Forms & Brochures > ‘Broker to Broker CHESS sponsorship’ form.

Your initial purchase of any particular shareholding must be at least $500 worth of shares, known as a 'minimum marketable parcel of shares'. CommSec may then allow you to purchase smaller amounts of shares to top up existing share holdings. For example, if you hold $500 worth of shares in XYZ you may be able to purchase a smaller amount of XYZ to increase your existing holding.

The CDIA is a Commonwealth Bank cash account specifically designed for CommSec share traders, allowing you to trade, save and transact, when and where it suits you. For more information about the CDIA, click here.

Knowing where to start can be quite a challenge but there are ways to narrow down the possibilities.

Once you’ve defined your investment goals, think about companies you know and have a relationship with — whether it’s a company you work for, shop at, travel with or something else. Do those companies meet your investment criteria? You can use CommSec’s research tools and CommSec Learn to obtain more information to get more ideas.

Alternatively, you may prefer to try one of our share packs. These are diversified portfolios of leading companies chosen by the CommSec Investment Management Team.

You can trade with CommSec with brokerage from as low as $10.002. Brokerage is charged when your order results in a trade.

The CommSec app is a mobile application that you can use to view your portfolio and place trades, wherever you are. You can download it to your iPad, iPhone or Android device (excluding Android tablets) from the iTunes App Store or from Google Play. For more information, click here.

Whenever an order you have placed results in a trade, you will receive a Confirmation Contract Note by email, post or both, depending on the preference you have selected. Confirmation Contract Notes are generated on the day of the trade. You can access up-to-date information on the status of your orders on the CommSec website at any time.

No, your CommSec Trading Account allows you to place orders of up to $25,000 without deposit1. That limit applies to leading stock, and you can also buy up $7,500 of non-leading stock within that amount. If you have cash in your linked Commonwealth Direct Investment Account or have shares in your CommSec Trading Account, you may be able to increase this amount. The funds will be direct debited from your linked cash account in full on the settlement date, which is two (2) business days after your trade has taken place (T+2)3.

Yes. CommSec offers a 'One Off Trade' (OOT) service for clients who do not wish to open a trading account but have an issuer sponsored holding they wish to sell. In order to sell your shares via the One Off Trade service you must have an existing account with the Commonwealth Bank or a CommSec trading account. The shares you wish to sell must be held in a different name to your existing trading account.

To complete a One Off Trade:

  1. Download the form from below or by navigating to Support > Forms & Brochures: Shares > Australian Shares > One Off Trade Form.
  2. Complete the form and attach the latest holding statement or dividend statement of the shares you wish to sell. Each parcel of stock will have a separate Shareholder reference number (SRN) and holding statement and will therefore require a separate trade. Please include holding details for each stock you wish to sell.
  3. Return your completed form and statement/s via one of the below methods:

            Fax: 1300 703 210 (Attention: One Off Trades)            
            Email: OneOffTrades@commsec.com.au
            Post:                
            Attention: One Off Trades    
            CommSec
            Locked Bag 22
            Australia Square NSW 1215

Your shares will be sold within approximately two (2) business days after receipt of your request at the prevailing market price at the time the order is placed. A Confirmation Contract Note will be issued the same day. You should retain the Confirmation Contract Note for tax purposes, as it details the price your shares were sold at and the brokerage paid.

Brokerage and settlement
Brokerage for a One Off Trade is $66 per trade up to $10,000 OR 0.66% of the value of the trade if greater than $10,000. It is deducted from the proceeds of the trade.
The net amount will be posted to you as a cheque on the second business day after your order is executed (T+2). Please ensure that your registration details with the share registry are up to date and accurate. We will post the Confirmation Contract Note and cheque to the registered address of your shareholding.

Important information
CommSec cannot execute a One Off Trade unless you have an existing account with the Commonwealth Bank or CommSec. Where you wish to sell shares that are held in the name of a trust or company you must have an existing Commonwealth Bank account or credit card in the same name as the registered name on the shares.
Any Commonwealth Bank or CommSec account details provided by you on the One Off Trade Form are for identification purposes only, and proceeds will be credited in the form of cheque only.
Warrants cannot be sold using this form and no early settlement is available.
Download One Off Trade Form here
CommSec Financial Services Guide

Before you obtain any products or services from CommSec, you must view the most recent Financial Services Guide (FSG).

To receive the CommSec Financial services Guide (FSG) and relevant Product Disclosure Statement (PDS) by mail contact us on 13 15 19.

I agree to be given the FSG and PDS by downloading these documents from this website.

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Financial Services Guide

Financial Services Guide Icon FSG

The Financial Services Guide ("FSG") provides information about Commonwealth Securities to help you decide whether to use the financial services we offer.

Share Trading Terms and Conditions

Product Disclosure Statement PDS

For a complete outline of what your obligations are when you buy or sell shares through CommSec please review the Share Trading Terms and Conditions document.
Download the Share Trading Terms and Conditions
CommSec Document Download Acceptance

Before you obtain any products or services from CommSec, you must view the most recent Financial Services Guide (FSG).

By clicking YES below I am agreeing to be given the FSG and PDS electronically by downloading these documents from this website.

 

 

Note: If you would like to receive the CommSec Financial services Guide (FSG) and relevant Product Disclosure Statement (PDS) by mail  please contact us on 13 15 19.

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Disclaimer

1 The trading limit is up to $25,000 for leading stock and this includes $7,500 for non-leading stock. You are able to trade up to these amounts without any deposit requirements, but funds must be available on the morning of the settlement date.

2 To be eligible, you must trade online, be CHESS Participant Sponsored with CommSec and settle your trades through either a Commonwealth Direct Investment Account (CDIA) or a CommSec Margin Loan.

3 Exceptions will occur when the stock is tracking under a Deferred Settlement basis.

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