Westpac Share Trading brokerage, CHESS sponsorship and licence
- Website
- westpac.com.au/personal-banking/share-trading/
- Product
- —
- Legal entity
- Westpac Securities Limited Trades as Westpac Share Trading.
- ASX shares
- No restriction stated
- Your shares
- CHESS-sponsored
- Executes ASX orders
- Australian Investment Exchange Limited (AUSIEX)
- Clears and settles
- Australian Investment Exchange Limited (AUSIEX)
- International shares
- Yes
- Account fee
- None
- Documents
- Rates and fees · Financial Services Guide · News and updates · FAQs
- Record re-read by hand
- 15 October 2026
Stock sponsorship is with AUSIEX; holdings sit on a HIN. Issuer-sponsored sales cost $15 on top of brokerage. International shares go through AUSIEX with Saxo Bank A/S as custodian.
Brokerage
| Trade value | Brokerage |
|---|---|
| Up to $1,000 | $4.95 |
| Over $1,000 to $3,000 | $9.95 |
| Over $3,000 to $10,000 | $19.95 |
| Over $10,000 to $28,000 | $29.95 |
| Over $28,000 | 0.11% |
Settled via Westpac Cash Investment Account or Online Investment Loan: $4.95 up to $1,000, $9.95 up to $3,000, $19.95 up to $10,000, $29.95 up to $28,000, then 0.11%. Prices include GST.
- Settling to another bank account costs $29.95 or 0.29%.
- Issuer-sponsored sales cost $15 on top of brokerage.
Brokerage at common trade sizes
| Trade | Brokerage | Of trade |
|---|---|---|
| $500 | $4.95 | 0.99% |
| $1,000 | $4.95 | 0.50% |
| $2,000 | $9.95 | 0.50% |
| $5,000 | $19.95 | 0.40% |
| $10,000 | $19.95 | 0.20% |
| $25,000 | $29.95 | 0.12% |
| $50,000 | $55.00 | 0.11% |
| $100,000 | $110.00 | 0.11% |
What the broker says
Brokerage
“$4.95 (up to and including $1,000) $9.95 (over $1,000 up to and including $3,000) $19.95 (over $3,000 up to and including $10,000) $29.95 (over $10,000 up to and including $28,000) 0.11% (over $28,000)”
Source: westpac.com.au/personal-banking/share-trading/support/rates-fees/ · Confirmed on the broker's page on 13 November 2026.
Holding
“CHESS sponsored shares are shares registered with a broker such as Westpac Share Trading and are linked to a Holder Identification Number (HIN), which generally starts with an ‘X’.”
Source: sharetrading.westpac.com.au/Public/ContactAndSupport/Learn-Support/Faqs.aspx · Confirmed on the broker's page on 13 November 2026.
Execution
“AUSIEX is a market participant of the ASX Limited and Cboe Australia Pty Ltd, a clearing participant of ASX Clear Pty Limited and a settlement participant of ASX Settlement Pty Limited. Under this arrangement, your trading, clearing, settlement and stock sponsorship arrangements are directly with AUSIEX.”
Source: sharetrading.westpac.com.au/media/34837/securitiesblanket.pdf · Confirmed on the broker's page on 13 November 2026.
What can be traded
“Invest in the companies you know and trust on the Australian Securities Exchange (ASX).”
Source: westpac.com.au/personal-banking/share-trading/investments/ · Confirmed on the broker's page on 13 November 2026.
Licence
- AFS licence
- 233723 · WESTPAC SECURITIES LIMITED
- ABN
- 39087924221
- Licensed since
- 9 February 2004
- 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)
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
Sources
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