The cheapest share trading on a $50,000 trade.
- FirstFreeon a $50,000 tradeBetashares DirectBetasharesCustodialGo to site
- SecondFreeon a $50,000 tradeIG Share TradingIGCustodial · US sharesGo to site
- Third$2.85per $50,000 tradeeToro AustraliaeToroCustodial · US sharesGo to site
Ranked by brokerage on a $50,000 ASX share trade, lowest first; ties go to the broker that is cheaper on a $5,000 trade. Leaves out brokers whose published fee ladder does not cover a $50,000 trade. Compares 21 brokers, not the whole market.
The other 19 brokers
Ranked by brokerage on a $50,000 ASX share trade, lowest first; ties go to the broker that is cheaper on a $5,000 trade.
| # | Broker | Shares held | US shares | Large trades | Links |
|---|---|---|---|---|---|
| 4 |  | Custodial | Yes | $5.00per $50,000 trade | Go to site |
| 5 |  | CHESS | Yes | $5.00per $50,000 trade | Go to site |
| 6 |  | Custodial | Yes | $6.00per $50,000 trade | Go to site |
| 7 |  | CHESS | Yes | $6.50per $50,000 trade | Go to site |
| 8 |  | Custodial | No | $9.00per $50,000 trade | Go to site |
| 9 |  | CHESS | Yes | $9.50per $50,000 trade | Go to site |
| 10 |  | CHESS | Yes | $15per $50,000 trade | Go to site |
| 11 |  | CHESS | Yes | $15per $50,000 trade | Go to site |
| 12 |  | CHESS | Yes | $15per $50,000 trade | Go to site |
| 13 |  | Custodial | Yes | $40per $50,000 trade | Go to site |
| 14 |  | Custodial | Yes | $44per $50,000 trade | Go to site |
| 15 |  | CHESS | Yes | $50per $50,000 trade | Go to site |
| 16 |  | CHESS | Yes | $50per $50,000 trade | Go to site |
| 17 |  | CHESS | Yes | $55per $50,000 trade | Go to site |
| 18 |  | CHESS | Yes | $55per $50,000 trade | Go to site |
| 19 |  | CHESS | Yes | $55per $50,000 trade | Go to site |
| 20 |  | CHESS | Yes | $55per $50,000 trade | Go to site |
| 21 |  | CHESS | Yes | $60per $50,000 trade | Go to site |
| 22 | | CHESS | No | $100per $50,000 trade | Go to site |
- 4Superhero$5.00per $50,000 tradeCustodial · US shares
- 5Stake AUS$5.00per $50,000 tradeCHESS sponsored · US shares
- 6Sharesies Australia$6.00per $50,000 tradeCustodial · US shares
- 7Pearler Investing$6.50per $50,000 tradeCHESS sponsored · US shares
- 8Vanguard Personal Investor$9.00per $50,000 tradeCustodial
- 9Selfwealth Share Trading$9.50per $50,000 tradeCHESS sponsored · US shares
- 10Webull Securities Australia$15per $50,000 tradeCHESS sponsored · US shares
- 11Moomoo Australia$15per $50,000 tradeCHESS sponsored · US shares
- 12Tiger Brokers Australia$15per $50,000 tradeCHESS sponsored · US shares
- 13Totality Share Trading$40per $50,000 tradeCustodial · US shares
- 14IBKR AustraliaInteractive Brokers$44per $50,000 tradeCustodial · US shares
- 15CMC Invest Share Investing$50per $50,000 tradeCHESS sponsored · US shares
Every figure is for a $50,000 trade. Percentage-based brokers charge more on bigger parcels; flat-fee brokers do not.
Rank them on your answers
Ranked here on one trade size. The questions price a year of your trading: how much, how often and on which markets.
Start 6 quick questions · 2 minOr see every one at once
Every broker in one list with every figure. Sort and filter it yourself.
As of 1 November 2026, the cheapest brokerage on a $50,000 ASX trade tracked by BankMate is Free at Betashares. How we rank