Share trading fees in Australia, September 2026

1. 🏦

   1
   $0on a $5,000 ASX trade
   Betashares$0 at $1,000 · $0 at $50,000
   Go to site
2. 🌳

   2
   $0on a $5,000 ASX trade
   IG$0 at $1,000 · $0 at $50,000
   Go to site
3. 🏦

   3
   $1.50on a $5,000 ASX trade
   Webull$1 at $1,000 · $15 at $50,000
   Go to site

Brokerage on a single buy at each size, from each broker's published schedule; where a tier is quoted in US dollars it is converted at 0.7132 AUD/USD (ECB reference rate, 2026-09-16). Account, data and inactivity fees are not included here.

1. 1
   🏦
   Interactive Brokers$1.40 brokerage + 0.03% FX$2.90Site
2. 2
   🏦
   Webull$0 brokerage + 0.50% FX$25Site
3. 3
   🏦
   Moomoo$1.39 brokerage + 0.50% FX$26.39Site
4. 4
   🏦
   Saxo$4 brokerage + 0.45% FX$26.50Site
5. 5
   ⬆️
   Superhero$2.80 brokerage + 0.50% FX$27.80Site
6. 6
   🏦
   Bell Direct$0 brokerage + 0.60% FX$30Site
7. 7
   🏦
   CMC Invest$0 brokerage + 0.60% FX$30Site
8. 8
   🏦
   Tiger Brokers$2.80 brokerage + 0.55% FX$30.30Site
9. 9
   🏦
   Pearler$6.50 brokerage + 0.50% FX$31.50Site
10. 10
    🏦
    Stake$4.21 brokerage + 0.55% FX$31.71Site

The currency conversion usually costs more than the brokerage on a US trade, so this is the number that matters. FX cost is the broker's published spread applied to the trade value.

• 🏦
  $10
  CommSecBank avg $16.21 · others $5.14
• 🏪
  $14.95
  nabtradeBank avg $16.21 · others $5.14
• 🏦
  $19.95
  CommSecBank avg $16.21 · others $5.14
• 🏢
  $19.95
  WestpacBank avg $16.21 · others $5.14

CommSec, nabtrade, Westpac Share Trading and ANZ Share Investing, the brokers owned by the Big 4 banks, ranked on a $5,000 ASX trade.

1. 1
   🏦
   Bell Direct1.45%Site
2. 2
   🏢
   Westpac1.20%Site
3. 3
   🏦
   CommSec0.65%Site

Interest the broker pays on cash sitting in the trading account. A rate that moves with the RBA, so it appears in the changes below when it does.

1. 1
   🏦
   BetasharesEarn up to $1,000 to invest when you transfer your portfolio to Betashares Direct$0Site
2. 2
   🏦
   Tiger BrokersNew users: minimum brokerage waived on up to 4 ASX/US share or option trades a month and zero FX spread on up to A$2,000 a month (first deposit after 12 Dec 2024)$3Site
3. 3
   🏦
   Selfwealth$0 brokerage on your first 3 trades ($28.50 value), valid for 30 days$9.50Site
4. 4
   🏦
   CommSec$0 brokerage on Pocket ETFs for a limited time (T&Cs apply)$10Site
5. 5
   🏦
   CommSecNew international accounts get 30 free trades across 13 global markets (T&Cs apply)$19.95Site

Ordered by everyday ASX brokerage, so a good offer on an expensive broker does not float to the top. Offer terms are the broker's; check them before joining.

No pricing changes were recorded this month.

A change is recorded when a broker's brokerage schedule, FX spread, account or inactivity fee, cash interest rate or joining offer differs from the last value stored. Schedules are compared as published; only the fee on a $5,000 trade is shown here.

Data

Each broker's own pricing page, read and verified by hand, plus admin corrections. No broker publishes a data feed. A change is recorded whenever a tracked fee differs from the last value stored.

Figures

This is the current month, so the tables show live pricing. Changes compare the last value before the month with the last value within it. 28 history entries fall in this month. Tracking began in September 2026.

Scope

Online share-trading platforms open to Australian retail investors, as listed on BankMate. Not financial advice. Methodology · Today's full ranking