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Best from the Big Banks
The bank-owned brokers — CommSec, nabtrade, Westpac and ANZ — ranked on a $5,000 ASX trade.
#1
#1
🏦
CommSec
CommSec Pocket · CHESS-sponsored
$10
per $5,000 trade
Details
🏦
CommSec
CommSec Pocket · CHESS-sponsored
$10
per $5,000 trade
+
🎁 $0 brokerage on Pocket ETFs for a limited time (T&Cs apply)
Pricing
ASX brokerage
Up to $1,000$2.00
Above $1,0000.2%
Account feeFree
Live ASX pricingNot stated
Minimum trade$50
Markets
Australia (ASX)
Features
✓CHESS sponsored
✓Recurring buys
✕Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Part of Commonwealth BankChecked 13 Sept 2026
#2
#2
🏪
nabtrade
nabtrade · CHESS-sponsored
$15
per $5,000 trade
Details
🏪
nabtrade
nabtrade · CHESS-sponsored
$15
per $5,000 trade
+
Pricing
ASX brokerage
Up to $1,000$9.95
$1,000 to $5,000$15
$5,000 to $20,000$20
Above $20,0000.11%
US brokerage
Up to $1,000$9.95
$1,000 to $5,000$15
$5,000 to $20,000$20
Above $20,0000.11%
FX spread0.80%
Account feeFree
Live ASX pricingNot stated
Minimum trade$500
Markets
Australia (ASX)United StatesUnited KingdomHong KongJapanCanadaSingapore
Features
✓CHESS sponsored
✕Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of National Australia BankChecked 13 Sept 2026
#3
#3
🏦
CommSec
CommSec Share Trading · CHESS-sponsored
$20
per $5,000 trade
Details
🏦
CommSec
CommSec Share Trading · CHESS-sponsored
$20
per $5,000 trade
+
🎁 New international accounts get 30 free trades across 13 global markets (T&Cs apply)
Pricing
ASX brokerage
Up to $1,000$5.00
$1,000 to $3,000$10
$3,000 to $10,000$20
$10,000 to $25,000$30
Above $25,0000.12%
US brokerageUSD
Any trade sizeUS$5.00 or 0.12%≈ $7.02
FX spread0.55%
Account feeFree
Live ASX pricingNot stated
Interest on cash0.65% p.a.
Minimum trade$500
Markets
Australia (ASX)United StatesUnited KingdomEuropeHong KongJapanCanadaSingapore
Features
✓CHESS sponsored
✕Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Commonwealth BankChecked 13 Sept 2026
#4
#4
🏢
Westpac
Westpac Share Trading · CHESS-sponsored
$20
per $5,000 trade
Details
🏢
Westpac
Westpac Share Trading · CHESS-sponsored
$20
per $5,000 trade
+
Pricing
ASX brokerage
Up to $1,000$4.95
$1,000 to $3,000$9.95
$3,000 to $10,000$20
$10,000 to $28,000$30
Above $28,0000.11%
US brokerageUSD
Any trade sizeUS$4.95 or 0.11%≈ $6.95
FX spread0.65%
Account feeFree
Live ASX pricingNot stated
Transfer out$50
Interest on cash1.20% p.a.
Minimum trade$500
Markets
Australia (ASX)United StatesUnited KingdomEuropeHong KongCanadaSingapore
Features
✓CHESS sponsored
✕Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of WestpacChecked 13 Sept 2026
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As of 16 September 2026, the cheapest bank-owned brokerage on a $5,000 ASX trade tracked by BankMate is $10 at CommSec. How we rank →