The cheapest share trading, category by category.
- FirstFreeon a $5,000 tradeBetashares DirectBetasharesCustodialGo to site
- SecondFreeon a $5,000 tradeIG Share TradingIGCustodial · US sharesGo to site
- Third$1.50per $5,000 tradeWebull Securities AustraliaWebullCHESS sponsored · US sharesGo to site
Ranked by brokerage on a $5,000 ASX share trade, lowest first; ties go to the broker that is cheaper on a $30,000 trade. Leaves out brokers whose ASX brokerage schedule has not yet been read from their own pricing page. Compares 21 brokers, not the whole market.
The other 19 brokers
Ranked by brokerage on a $5,000 ASX share trade, lowest first; ties go to the broker that is cheaper on a $30,000 trade.
| # | Broker | Shares held | US shares | Cheapest ASX trade | Links |
|---|---|---|---|---|---|
| 4 |  | Custodial | Yes | $2.00per $5,000 trade | Go to site |
| 5 |  | Custodial | Yes | $2.87per $5,000 trade | Go to site |
| 6 |  | CHESS | Yes | $3.00per $5,000 trade | Go to site |
| 7 |  | CHESS | Yes | $3.00per $5,000 trade | Go to site |
| 8 |  | CHESS | Yes | $3.00per $5,000 trade | Go to site |
| 9 |  | Custodial | Yes | $4.00per $5,000 trade | Go to site |
| 10 |  | Custodial | Yes | $6.00per $5,000 trade | Go to site |
| 11 |  | CHESS | Yes | $6.50per $5,000 trade | Go to site |
| 12 |  | Custodial | Yes | $6.60per $5,000 trade | Go to site |
| 13 |  | Custodial | No | $9.00per $5,000 trade | Go to site |
| 14 |  | CHESS | Yes | $9.50per $5,000 trade | Go to site |
| 15 |  | CHESS | No | $10per $5,000 trade | Go to site |
| 16 |  | CHESS | Yes | $11per $5,000 trade | Go to site |
| 17 |  | CHESS | Yes | $15per $5,000 trade | Go to site |
| 18 |  | CHESS | Yes | $15per $5,000 trade | Go to site |
| 19 |  | CHESS | Yes | $20per $5,000 trade | Go to site |
| 20 |  | CHESS | Yes | $20per $5,000 trade | Go to site |
| 21 |  | CHESS | Yes | $20per $5,000 trade | Go to site |
| 22 | | CHESS | Yes | $20per $5,000 trade | Go to site |
- 4Superhero$2.00per $5,000 tradeCustodial · US shares
- 5eToro Australia$2.87per $5,000 tradeCustodial · US shares
- 6Stake AUS$3.00per $5,000 tradeCHESS sponsored · US shares
- 7Moomoo Australia$3.00per $5,000 tradeCHESS sponsored · US shares
- 8Tiger Brokers Australia$3.00per $5,000 tradeCHESS sponsored · US shares
- 9Totality Share Trading$4.00per $5,000 tradeCustodial · US shares
- 10Sharesies Australia$6.00per $5,000 tradeCustodial · US shares
- 11Pearler Investing$6.50per $5,000 tradeCHESS sponsored · US shares
- 12IBKR AustraliaInteractive Brokers$6.60per $5,000 tradeCustodial · US shares
- 13Vanguard Personal Investor$9.00per $5,000 tradeCustodial
- 14Selfwealth Share Trading$9.50per $5,000 tradeCHESS sponsored · US shares
- 15CommSec Pocket$10per $5,000 tradeCHESS sponsored
- 16CMC Invest Share Investing$11per $5,000 tradeCHESS sponsored · US shares
- 17nabtrade$15per $5,000 tradeCHESS sponsored · US shares
- 18Bell Direct$15per $5,000 tradeCHESS sponsored · US shares
- 19Bendigo Invest DirectBendigo Bank$20per $5,000 tradeCHESS sponsored · US shares
- 20St.George Directshares$20per $5,000 tradeCHESS sponsored · US shares
- 21Westpac Share Trading$20per $5,000 tradeCHESS sponsored · US shares
- 22CommSec Share Trading$20per $5,000 tradeCHESS sponsored · US shares
Every figure is for a $5,000 trade. Percentage-based brokers charge more on bigger parcels; flat-fee brokers do not.
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Ranked here on one trade size. The questions price a year of your trading: how much, how often and on which markets.
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As of 13 October 2026, the cheapest brokerage on a $5,000 ASX trade tracked by BankMate is Free at Betashares. How we rank →