Commonwealth Securities

WikiFX | 2025-06-04 10:35

摘要：　　Commonwealth Securities Limited runs CommSec, which has been around since 1995 and is one of Australia's best online brokers. It has a lot of different products, such as Australian and international stocks, ETFs, options, margin loans, and micro-investing tools like CommSec Pocket. This makes it a good choice for both new and seasoned investors.

CommSec Review Summary
Founded	1995
Registered Country	Australia
Regulation	ASIC
Trading Products	Shares, Options, ETFs
Demo Account	❌
Trading Platform	CommSec Web Platform, CommSec Mobile App
Minimum Deposit	0
Customer Support	Phone: 13 15 19 (within Australia)
Customer Support	Phone: +61 2 8397 1206 (outside Australia)

CommSec Information

Commonwealth Securities Limited runs CommSec, which has been around since 1995 and is one of Australia's best online brokers. It has a lot of different products, such as Australian and international stocks, ETFs, options, margin loans, and micro-investing tools like CommSec Pocket. This makes it a good choice for both new and seasoned investors.

Pros and Cons

Pros	Cons
Wide range of products and services	International and phone trade are costly
Strong regulatory backing (ASIC)	No demo accounts available
User-friendly web and mobile platforms

Is CommSec Legit?

Yes, CommSec is regulated. It works under the licensed company Commonwealth Securities Limited, which is overseen by the Australia Securities & Investment Commission (ASIC). ASIC is in charge of the rules, and the license type is Market Maker (MM). The license number is 000238814.

What Can I Trade on CommSec?

CommSec has a wide range of goods and services, such as Australian and foreign shares, ETFs, options, and more. This makes it a good choice for both new and experienced investors. It also has tools like margin loans, SMSF management, and even investment alternatives for youngsters and small investors.

Trading Instruments	Supported
Shares	✓
Options	✓
ETFs	✓
Forex	×
Commodities	×
Indices	×
Cryptocurrencies	×
Bonds	×

CommSec Fees

CommSec's prices are usually fair and reasonable compared to other brokers, especially for online trading within Australia. However, overseas trades and phone trades can be more expensive. For modest trades in Australia, fees start at $5. For foreign and options trading, there are minimum dollar or percentage fees.

Type	Fee Details
Australian Shares (online via CDIA)	$5 (≤$1,000), $10 (>$1,000–$3,000), $19.95 (>$3,000–$10,000), $29.95 (>$10,000–$25,000), 0.12% (>$25,000)
Australian Shares (online, non-CDIA settlement)	$29.95 (≤$9,999.99), 0.31% (≥$10,000)
Phone Trades	$59.95 (≤$10,000), 0.52% (>$10,000–$25,000), 0.49% (>$25,000–$1M), 0.11% (>$1M)
CommSec Pocket App	$2 (≤$1,000), 0.20% (>$1,000)
International Shares (basic account)	US: $5 or 0.12%; Canada: C$40 or 0.40%; Europe: €12 or 0.40%; Hong Kong: HK$130 or 0.40%; UK: £12 or 0.40%
Foreign Exchange Conversion Fee	0.55% per currency conversion
Margin Lending Rates (variable)	~9.15% p.a. (monthly), fixed rates (1–5 years: ~7.49–7.69% p.a.)
Exchange-Traded Options (online)	$34.95 (≤$10,000), 0.35% (>$10,000)
Exchange-Traded Options (phone)	$54.60 (≤$10,000), 0.54% (>$10,000)
ETO Contract Fees	Equity options: $0.13 per contract (open/close), $0.05 (exercise); Index options: $0.45 (open/close), $0.35 (exercise)

Non-Trading Fees

Non-Trading Fees	Amount
Application Fee (individual/company)	$0
Trust Deed Investigation Fee	Minimum $200
PPSR Registration Fee (govt fee)	Government fee (if applicable)
Account Maintenance Fee	$0
Printed Contract Notes (by mail)	$1.95
Dishonour Fee	$30
Rebooking Fee	$25
Off-market Transfer Fee	$54
Government Taxes/Duties	Passed on at cost
Account Closure Fee (early loan payoff)	Depends on loan amount and interest rate movements
Deposit/Withdrawal (CDIA accounts)	Unlimited free electronic withdrawals; SMSF CDIA allows monthly free assisted withdrawals
Late Settlement Fee (Buy/Short Sell)	$100
SRN Query or Rebooking Fee	$25
Market Data (live snapshots)	$1 USD complimentary per month, then $0.01 per US equity quote, $0.03 for others
U.S. Tax Form Fee	$0
Funds Transfer Rejection Fee	$0
Instant Buying Power	$0
U.S. ACATS Transfers In/Out	$0
U.S. DRS Transfers In	$25 per settled transaction; rejected transactions $100
Canada DRS Transfers In	$30 CAD per settled transaction plus third-party fees
U.S. DRS Transfers Out	$5 per settled transaction

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
CommSec Web Platform	✔	Web browser (desktop, laptop)	Active investors, portfolio managers
CommSec Mobile App	✔	iOS, Android	On-the-go traders, mobile users