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Cheapest ASX Trade
Brokerage on a $5,000 ASX share trade, lowest first. Ties go to the broker that stays cheaper as trades get bigger.
#1
#1
🏦
Betashares
Betashares Direct · Custodian
Free
on a $5,000 trade
Details
🏦
Betashares
Betashares Direct · Custodian
Free
on a $5,000 trade
+
🎁 Earn up to $1,000 to invest when you transfer your portfolio to Betashares Direct
Pricing
ASX brokerage
Any trade sizeFree
Account feeFree
Live ASX pricingNot stated
Transfer out$9.50
Markets
Australia (ASX)
Features
✕CHESS sponsored
✓Recurring buys
✓Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Part of BetasharesChecked 13 Sept 2026
#2
#2
🌳
IG
IG Share Trading · Custodian
Free
on a $5,000 trade
Details
🌳
IG
IG Share Trading · Custodian
Free
on a $5,000 trade
+
Pricing
ASX brokerage
Any trade sizeFree
US brokerage
Any trade sizeFree
FX spread0.70%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United StatesUnited KingdomEuropeJapan
Features
✕CHESS sponsored
✕Recurring buys
✕Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of IG GroupChecked 13 Sept 2026
#3
#3
🏦
Webull
Webull Securities Australia · CHESS-sponsored
$1.50
per $5,000 trade
Details
🏦
Webull
Webull Securities Australia · CHESS-sponsored
$1.50
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$1.00 or 0.03%
US brokerageUSD
Any trade sizeFree
FX spread0.50%
Account feeFree
Live ASX pricing$50/mo
Markets
Australia (ASX)United StatesHong KongChina (A-shares)
Features
✓CHESS sponsored
✕Recurring buys
✓Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Webull CorporationChecked 13 Sept 2026
#4
#4
⬆️
Superhero
Superhero · Custodian
$2.00
per $5,000 trade
Details
⬆️
Superhero
Superhero · Custodian
$2.00
per $5,000 trade
+
Pricing
ASX brokerage
Up to $20,000$2.00
Above $20,0000.01%
US brokerageUSD
Up to US$20,000US$2.00≈ $2.81
Above US$20,0000.01%
FX spread0.50%
Account feeFree
Live ASX pricingNot stated
Transfer out$20
Minimum trade$10
Markets
Australia (ASX)United States
Features
✕CHESS sponsored
✓Recurring buys
✓Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Checked 13 Sept 2026
#5
#5
🏦
eToro
eToro Australia · Custodian
$2.81
per $5,000 trade
Details
🏦
eToro
eToro Australia · Custodian
$2.81
per $5,000 trade
+
Pricing
ASX brokerageUSD
Any trade sizeUS$2.00≈ $2.81
US brokerageUSD
Any trade sizeUS$2.00≈ $2.81
FX spread0.75%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United StatesUnited KingdomEuropeHong Kong
Features
✕CHESS sponsored
✓Recurring buys
✓Fractional shares
✕Dividend reinvestment
✓Pre-built portfolios
✓Conditional orders
✕Desktop platform
✕Tax reporting
Part of eToro GroupChecked 13 Sept 2026
#6
#6
🏦
Stake
Stake AUS · CHESS-sponsored
$3.00
per $5,000 trade
Details
🏦
Stake
Stake AUS · CHESS-sponsored
$3.00
per $5,000 trade
+
Pricing
ASX brokerage
Up to $30,000$3.00
Above $30,0000.01%
US brokerageUSD
Up to US$30,000US$3.00≈ $4.21
Above US$30,0000.01%
FX spread0.55%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United States
Features
✓CHESS sponsored
✓Recurring buys
✓Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✕Desktop platform
✓Tax reporting
Checked 13 Sept 2026
#7
#7
🏦
Moomoo
Moomoo Australia · CHESS-sponsored
$3.00
per $5,000 trade
Details
🏦
Moomoo
Moomoo Australia · CHESS-sponsored
$3.00
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$3.00 or 0.03%
US brokerageUSD
Any trade sizeUS$0.99≈ $1.39
FX spread0.50%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United StatesHong Kong
Features
✓CHESS sponsored
✕Recurring buys
✓Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Futu HoldingsChecked 13 Sept 2026
#8
#8
🏦
Tiger Brokers
Tiger Brokers Australia · CHESS-sponsored
$3.00
per $5,000 trade
Details
🏦
Tiger Brokers
Tiger Brokers Australia · CHESS-sponsored
$3.00
per $5,000 trade
+
🎁 New 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)
Pricing
ASX brokerage
Up to $10,000$3.00
Above $10,0000.03%
US brokerageUSD
Any trade sizeUS$2.00≈ $2.81
FX spread0.55%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United StatesHong KongChina (A-shares)
Features
✓CHESS sponsored
✕Recurring buys
✓Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of UP FintechChecked 13 Sept 2026
#9
#9
🏦
Saxo
Saxo Australia · Custodian
$4.00
per $5,000 trade
Details
🏦
Saxo
Saxo Australia · Custodian
$4.00
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$3.00 or 0.08%
US brokerageUSD
Any trade sizeUS$1.00 or 0.08%≈ $1.40
FX spread0.45%
Account feeFree
Live ASX pricingNot stated
Transfer out$50
Markets
Australia (ASX)United StatesUnited KingdomEuropeHong KongJapanCanadaSingaporeChina (A-shares)
Features
✕CHESS sponsored
✕Recurring buys
✕Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Saxo BankChecked 13 Sept 2026
#10
#10
🏦
Sharesies
Sharesies Australia · Custodian
$6.00
per $5,000 trade
Details
🏦
Sharesies
Sharesies Australia · Custodian
$6.00
per $5,000 trade
+
Pricing
ASX brokerage
Up to $3161.9%
Above $316$6.00
US brokerageUSD
Up to US$2641.9%
Above US$264US$5.00≈ $7.02
FX spread0.60%
Account feeFree
Live ASX pricingNot stated
Transfer out$50
Markets
Australia (ASX)United StatesNew Zealand
Features
✕CHESS sponsored
✓Recurring buys
✓Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Checked 13 Sept 2026
#11
#11
🏦
Interactive Brokers
IBKR Australia · Custodian
$6.00
per $5,000 trade
Details
🏦
Interactive Brokers
IBKR Australia · Custodian
$6.00
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$6.00 or 0.08%
US brokerageUSD
Any trade sizeUS$1.00≈ $1.40
FX spread0.03%
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)United StatesUnited KingdomEuropeHong KongJapanCanadaSingaporeChina (A-shares)
Features
✕CHESS sponsored
✓Recurring buys
✓Fractional shares
✕Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Interactive Brokers GroupChecked 13 Sept 2026
#12
#12
🏦
Pearler
Pearler Investing · CHESS-sponsored
$6.50
per $5,000 trade
Details
🏦
Pearler
Pearler Investing · CHESS-sponsored
$6.50
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$6.50
US brokerage
Any trade size$6.50
FX spread0.50%
Account feeFree
Live ASX pricingNot stated
Transfer outFree
Minimum trade$500
Markets
Australia (ASX)United States
Features
✓CHESS sponsored
✓Recurring buys
✕Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Checked 13 Sept 2026
#13
#13
🏦
Vanguard
Vanguard Personal Investor · Custodian
$9.00
per $5,000 trade
Details
🏦
Vanguard
Vanguard Personal Investor · Custodian
$9.00
per $5,000 trade
+
Pricing
ASX brokerage
Any trade size$9.00
Account feeFree
Live ASX pricingNot stated
Markets
Australia (ASX)
Features
✕CHESS sponsored
✓Recurring buys
✕Fractional shares
✓Dividend reinvestment
✓Pre-built portfolios
✕Conditional orders
✕Desktop platform
✓Tax reporting
Part of VanguardChecked 13 Sept 2026
#14
#14
🏦
Selfwealth
Selfwealth Share Trading · CHESS-sponsored
$9.50
per $5,000 trade
Details
🏦
Selfwealth
Selfwealth Share Trading · CHESS-sponsored
$9.50
per $5,000 trade
+
🎁 $0 brokerage on your first 3 trades ($28.50 value), valid for 30 days
Pricing
ASX brokerage
Any trade size$9.50
US brokerageUSD
Any trade sizeUS$9.50≈ $13
FX spread0.60%
Account feeFree
Live ASX pricingNot stated
Minimum trade$500
Markets
Australia (ASX)United States
Features
✓CHESS sponsored
✕Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✕Desktop platform
✓Tax reporting
Checked 13 Sept 2026
#15
#15
🏦
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
#16
#16
🏦
CMC Invest
CMC Invest Share Investing · CHESS-sponsored
$11
per $5,000 trade
Details
🏦
CMC Invest
CMC Invest Share Investing · CHESS-sponsored
$11
per $5,000 trade
+
Pricing
ASX brokerage
Up to $1,000Free
Above $1,000$11 or 0.1%
US brokerage
Any trade sizeFree
FX spread0.60%
Account feeFree
Live ASX pricingNot stated
Minimum trade$500
Markets
Australia (ASX)United StatesUnited KingdomEuropeJapanCanadaSingaporeHong KongNew Zealand
Features
✓CHESS sponsored
✕Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of CMC MarketsChecked 13 Sept 2026
#17
#17
🏪
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
#18
#18
🏦
Bell Direct
Bell Direct · CHESS-sponsored
$15
per $5,000 trade
Details
🏦
Bell Direct
Bell Direct · CHESS-sponsored
$15
per $5,000 trade
+
Pricing
ASX brokerage
Up to $1,000$5.00
$1,000 to $3,000$10
$3,000 to $10,000$15
$10,000 to $25,000$25
Above $25,0000.1%
US brokerageUSD
Any trade sizeFree
FX spread0.60%
Account feeFree
Live ASX pricing$10/mo
Transfer out$55
Interest on cash1.45% p.a.
Minimum trade$500
Markets
Australia (ASX)United States
Features
✓CHESS sponsored
✓Recurring buys
✕Fractional shares
✓Dividend reinvestment
✕Pre-built portfolios
✓Conditional orders
✓Desktop platform
✓Tax reporting
Part of Bell Financial GroupChecked 13 Sept 2026
#19
#19
🏢
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
#20
#20
🏦
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
These rankings rate every brokers on one figure. Answer a few questions to see the ones that fit you →
As of 16 September 2026, the cheapest brokerage on a $5,000 ASX trade tracked by BankMate is Free at Betashares. How we rank →