The Australian broker has more than 20 years of experience in shares trading. It is under control of Commonwealth Bank of Australia. The broker is well-known in its home country. The reviews note that it suits experienced and new traders. The WebiRESS trading platform is used, which has intuitive interface and is easy to use. The platform has all the necessary instruments for the market monitoring, free data channels, and research for the securities. However, some of the information is available only on the subscription base

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  • Fouded

    1995

  • Min deposit

    50$

  • Min withdrawal

    50$

  • Withdrawal fee

    no

  • Inactivity fee

    no

  • Min bet

    0.01 lots

  • Max. leverage

    1:500

  • Withdrawal of funds

    1-5 working days

  • Asset type

    Forex, Stocks, Options, ETFs, CFDs

  • Regulated

    ASIC

  • Deposit with credit card

    Bank transfer, Local Bank Transfers

  • Withdrawal

    Bank transfer, Local Bank Transfers

  • Avalaible plamform

    CommSec WebTrader, CommSecIRESS, Web, IOS, Android

  • Company registration

    COMMONWEALTH SECURITIES LIMITED SYDNEY NSW 2000

Pros

  • User-friendly

    No inactivity fee (ASX account only)

    News and research

    Data and monitoring tools

Cons

  • Broker fees for global stocks on the expensive side

    WebIRESS charting isn't free

    No live chat support