Commsec Pocket vs nabtrade
CommSec Pocket and nabtrade sit at opposite ends of the investing spectrum. Pocket is a stripped-back, ultra-cheap ETF-only app built for small, regular buys — trades cost as little as $2. nabtrade is a full-service broker covering ASX shares, US stocks, options, managed funds and bonds, but you'll pay a minimum $9.95 per trade and $19.95 a month for market data. The real question is whether you need the extra firepower or just a simple way to drip-feed into ETFs.
- ›You want the lowest possible cost for small ETF trades — $2 on trades up to $1,000 and 0.2% above that
- ›You plan to invest regularly with auto-invest (DCA) at a single ETF level from as little as $50 per buy
- ›You're happy sticking to ASX-listed ETFs and don't need US shares, options, bonds or managed funds
- ›You want zero monthly fees — no market data charges, no platform fees, no inactivity fees
- ›You already bank with CBA and want instant transfers from your CommBank account
- ›You need access to US and international shares (UK, Germany, Hong Kong) in one brokerage account
- ›You trade options, buy IPOs, or want managed funds and bonds alongside your shares
- ›You want free real-time ASX data and research reports included in the platform
- ›You need joint, company, trust, SMSF or minor account structures — Pocket only offers individual accounts
- ›You place conditional or stop-loss orders and want phone trading as a backup option
Where they differ
| Fact | Commsec Pocket | nabtrade |
|---|---|---|
| ASX brokerage (minimum) | $2 | $9.95 |
| Market data fees | $0/month | $19.95/month |
| Minimum initial deposit | $50 | $500 |
| US & international shares | Not supported | US, UK, Germany, Hong Kong |
| Account types | Individual only | Individual, joint, company, trust, SMSF, minor |
Pick CommSec Pocket if you're a low-cost ETF investor; pick nabtrade if you need a full brokerage with global markets and diverse account types.
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Commsec Pocket | nabtrade |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | chess | chess |
| Individual HIN | Yes | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | No | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | Yes |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | United Kingdom (LSE), Germany (Xetra), Hong Kong (HKEx) | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | No |
| Options trading | No | Yes |
| CFDs supported | No | No |
| Managed funds | No | Yes |
| Bonds supported | No | Yes |
| IPO access | No | Yes |
| costs hidden | ||
| FX spread (AUD/USD) | — | 80% |
| FX spread (other currencies) | — | 80% |
| Holds USD account | — | No |
| Market data fees | $0/month | $19.95/month |
| Conditional order fees | — | $0 |
| Phone trade surcharge | — | $59.95 |
| Corporate action fees | Corporate actions (rights issues, SPPs, takeovers) are administered via the underlying ETF issuers/share registries since holdings are CHESS-sponsored under the investor's HIN; CommSec does not charge a separate corporate action fee. | — |
| costs visible | ||
| ASX brokerage minimum | $2 | $9.95 |
| ASX brokerage percentage | 0.2% | 11% |
| ASX brokerage threshold | $1,000 | $20,000 |
| ASX free trade conditions | Promotional $0 brokerage offer on Pocket ETF trades from 20 April 2026 to 17 July 2026 inclusive, available to all CommSec Pocket customers. | — |
| US brokerage minimum | — | US$9.95 |
| US brokerage percentage | — | 11% |
| Monthly platform fee | $0/month | — |
| Annual platform fee | $0/year | — |
| Inactivity fee | $0 | — |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | $54 | $55 |
| identity and trust | ||
| Legal entity name | Commonwealth Securities Limited | WealthHub Securities Limited |
| AFSL number | 238,814 | 230,704 |
| Year founded | 2,019 | 2,012 |
| Parent / ownership | Commonwealth Bank of Australia (CBA) | National Australia Bank Limited (ASX: NAB) |
| Country of incorporation | AU | AU |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | $50 | $500 |
| Minimum subsequent purchase | $50 | $0 |
| Deposit methods | Linked CBA transaction account (CDIA, Smart Access, Streamline Basic, NetBank Saver, etc.) - direct debit | Direct credit / EFT, BPAY, Internal transfer from linked NAB account |
| Settlement period | T+2 | ASX T+2; US T+1; UK/Germany/HK T+2 |
| Withdrawal time | 1-2 business days | Instant to linked NAB accounts; 1 business day to other Australian banks |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | No |
| Free real-time market data | No | Yes |
| Free research reports | No | Yes |
| 2FA support | SMS + PIN | SMS + PIN |
| Customer support channels | phone, email, in-app messaging | Phone, Email, Secure messaging (via NAB Internet Banking) |
| Support hours (AU time) | Mon-Fri 8:00am-6:00pm AET (phone) | Mon-Fri 8am-6pm AEST/AEDT (contact centre typically 9am-5pm) |
| Education content | structured courses | structured |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | No | No |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | No | Yes |
| Conditional orders | No | Yes |
| Auto-invest / DCA | Yes | No |
| Auto-invest sophistication | single asset | none |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | No | No |