CommSec brokerage, CHESS sponsorship and licence
- Website
- commsec.com.au/
- Product
- Australian Shares account
- Legal entity
- Commonwealth Securities Limited
- ASX shares
- No restriction stated: over 2,000 ASX-listed shares and ETFs
- Your shares
- CHESS-sponsored
- Executes ASX orders
- Commonwealth Securities Limited
- Clears and settles
- Commonwealth Securities Limited
- International shares
- Yes
- Account fee
- None
- Documents
- Rates and fees · Financial Services Guide · Australian Shares
- Record re-read by hand
- 15 October 2026
Australian Shares accounts are CHESS-sponsored by CommSec; FSG note 6 makes CHESS Participant Sponsorship a condition of the standard online rates.
Brokerage
| Trade value | Brokerage |
|---|---|
| Up to $1,000 | $5.00 |
| Over $1,000 to $3,000 | $10.00 |
| Over $3,000 to $10,000 | $19.95 |
| Over $10,000 to $25,000 | $29.95 |
| Over $25,000 | 0.12% |
Online and settled to a CDIA or CommSec Margin Loan: $5 up to $1,000, $10 up to $3,000, $19.95 up to $10,000, $29.95 up to $25,000, then 0.12% of trade value. Prices include GST.
- Settlement to a CDIA or CommSec Margin Loan is required for these rates (FSG note 6 also makes CHESS Participant Sponsorship a condition).
- Online trades settled into a bank account of your choice cost $29.95 up to $9,999.99 and 0.31% from $10,000.
Brokerage at common trade sizes
| Trade | Brokerage | Of trade |
|---|---|---|
| $500 | $5.00 | 1.00% |
| $1,000 | $5.00 | 0.50% |
| $2,000 | $10.00 | 0.50% |
| $5,000 | $19.95 | 0.40% |
| $10,000 | $19.95 | 0.20% |
| $25,000 | $29.95 | 0.12% |
| $50,000 | $60.00 | 0.12% |
| $100,000 | $120.00 | 0.12% |
What the broker says
Brokerage
“Trade online (via website, mobile apps or other platforms) and settle your trade to a CDIA or CommSec Margin Loan $5.00 (Up to and including $1,000) $10.00 (Over $1,000 up to $3,000 (inclusive)) $19.95 (Over $3,000 up to $10,000 (inclusive)) $29.95 (Over $10,000 up to $25,000 (inclusive)) 0.12% (Over $25,000)”
Source: www2.commsec.com.au/media/57221/fsg.pdf · Confirmed on the broker's page on 13 November 2026 (the words are split across a table there).
Holding
“CommSec Australian Shares Accounts give you access to buy and sell over 2,000 ASX listed shares and ETFs, with CHESS-sponsored holdings.”
Source: commsec.com.au/products/australian-share-trading.html · Confirmed on the broker's page on 13 November 2026.
Execution
“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.”
Source: www2.commsec.com.au/media/57221/fsg.pdf · Not found on the broker's page on 13 November 2026: the broker may have changed it, and this is being re-read.
What can be traded
“CommSec Australian Shares Accounts give you access to buy and sell over 2,000 ASX listed shares and ETFs, with CHESS-sponsored holdings.”
Source: commsec.com.au/products/australian-share-trading.html · Confirmed on the broker's page on 13 November 2026.
Licence
- AFS licence
- 238814 · COMMONWEALTH SECURITIES LIMITED
- ABN
- 60067254399
- Licensed since
- 1 December 2003
- Principal business
- Sydney NSW 2000
- Authorised to
- Buy and sell securities for clients (retail clients)
- Hold assets for clients (custody) (retail clients)
- Advise on securities (retail clients)
- Make a market (retail clients)
- Deal in securities as principal (retail clients)
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
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