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How do I open an SMSF Trading Account and CDIA with CommSec?

If you don’t have a CommSec Share Trading Account for your SMSF, you can choose one of the options below:

  • Opening a new trading account & CDIA
  • Opening a new trading account using an existing SMSF cash account (includes existing CDIA)
  • Opening a new SMSF cash account (CDIA) for an existing SMSF trading account

Opening a new trading account & CDIA

  1. Navigate to Portfolio > Offers & Apply > Application or click here
  2. Choose ‘Add a new Trading and Commonwealth Direct Investment Account (CDIA)’ and click ‘Apply Now’
  3. Select 'SMSF' for ‘Which account type would you like to open'
  4. Complete your application and provide any required information to us.

Opening a new trading account using an existing SMSF cash account (includes existing CDIA)

  1. Navigate to Portfolio > Offers Apply > Application or click here
  2. Choose ‘Add a new trading account using your own cash account’ and click ‘Apply Now’
  3. Select 'SMSF' for ‘Which account type would you like to open'
  4. Complete your application and provide any required information to us.

Although you must chose the trade from $29.95 option, you will receive the lower brokerage rate for linking your existing CDIA account, when your trading account is set up.

Opening a new SMSF cash account (CDIA) for an existing SMSF trading account

  1. Navigate to Portfolio > Offers & Apply > Application or click here
  2. Choose ‘Add a Commonwealth Direct Investment Account (CDIA) for trading’ and click ‘Apply Now’
  3. Select the SMSF trading account that will be linked to your CDIA account for settlement
  4. Complete your application and provide any required information to us

Please note:

  • Where you don’t have an existing SMSF share trading account with CommSec, you will be asked to open an account as an Individual Trustee or Company Trustee. Please ensure you choose the trustee type that is consistent with your most recent SMSF trust deed.
  • The ABN for your SMSF is mandatory for all SMSF applications.
  • Further instructions will be sent to you and other applicants to finalise the application.

Once finalised, we will endeavour to establish your account within 2 to 5 business days. You will be notified by email of your Client ID to access your new account.

If you need help completing the application, please call CommSec on 13 15 19 (Monday to Friday, 8am to 6pm, Sydney time).

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© Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

The information on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.

CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions.

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