Share Trading comparison

Commsec Pocket vs Stake

CommSec Pocket is a stripped-back ETF-only app from the Commonwealth Bank, designed for simple, low-cost ASX investing with a $50 minimum. Stake, by contrast, is a dual-market broker that lets you trade both ASX and US stocks (including fractional US shares) under one account. The biggest practical difference: Pocket is for Australians who only want ASX ETFs, while Stake opens the door to US markets without needing a separate US broker.

Choose
Commsec Pocket
if…
  • You want the cheapest ASX trades — $2 brokerage on trades up to $1,000, dropping to 0.2% above that
  • You're a CBA customer who wants instant deposits from your linked CommBank account
  • You want a dead-simple ETF-only portfolio with auto-invest (DCA) and zero platform fees
  • You prefer CHESS sponsorship with your own HIN for every trade, giving you direct share ownership
  • You're starting small — the minimum initial deposit is just $50
Full breakdown of Commsec Pocket
Choose
Stake
if…
  • You want to trade US stocks and ETFs from a single Australian account, with fractional US shares available
  • You need access to company, trust, or SMSF account structures — Pocket only offers individual accounts
  • You want free real-time market data and research reports without paying extra
  • You trade larger ASX parcels — Stake's brokerage caps at $3 once your trade exceeds $30,000
  • You value after-hours trading and stop-loss orders, which Pocket doesn't offer
Full breakdown of Stake

Where they differ

FactCommsec PocketStake
Markets availableASX only (ETFs)ASX + US (shares, ETFs, bonds)
ASX brokerage (small trade)$2 up to $1,000$3 up to $30,000
US brokerageNot available$3 USD per trade (0.01% above $30k)
CHESS sponsorshipFull CHESS — your own HINMixed — CHESS for ASX, custodian for US
Auto-invest / DCAYes (single ETF level)No
Verdict

Choose CommSec Pocket for cheap, simple ASX ETF investing with auto-invest; choose Stake if you want US stocks too.

Cost calculator
What would Commsec Pocket vs Stake actually cost you?

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All data points side-by-side

Every verified fact for both platforms. Differences are highlighted.

FieldCommsec PocketStake
account structure
CHESS sponsorship modelchessmixed
Individual HINYesYes
Individual accountYesYes
Joint accountNoNo
Company accountNoYes
Trust accountNoYes
SMSF accountNoYes
Kids / minor accountNoNo
asset coverage
ASX shares supportedYesYes
ASX ETFs supportedYesYes
US shares supportedNoYes
US ETFs supportedNoYes
Other markets supportedUnited States
Fractional shares (ASX)NoNo
Fractional shares (US)NoYes
Options tradingNoNo
CFDs supportedNoNo
Managed fundsNoNo
Bonds supportedNoYes
IPO accessNo
costs hidden
FX spread (AUD/USD)0.55%
Holds USD accountYes
FX currency switch trickYes
Market data fees$0/month$0/month
Conditional order fees$0
Corporate action feesCorporate 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.Corporate actions (dividends, SPPs, rights issues, takeovers) are passed through where mandatory; Stake does not provide a DRP — investors must elect DRP directly with each company's share registry. No published per-event fee.
costs visible
ASX brokerage minimum$2$3
ASX brokerage percentage0.2%0.01%
ASX brokerage threshold$1,000$30,000
ASX free trade conditionsPromotional $0 brokerage offer on Pocket ETF trades from 20 April 2026 to 17 July 2026 inclusive, available to all CommSec Pocket customers.No free-trade promotion ordinarily offered; brokerage waived for 12 months on transferred ASX holdings worth A$1,000+
US brokerage minimumUS$3
US brokerage percentage0.01%
Monthly platform fee$0/month$0/month
Annual platform fee$0/year$0/year
Inactivity fee$0$0
Withdrawal fee (AUD)$0$0
Off-market transfer fee$54$0
identity and trust
Legal entity nameCommonwealth Securities LimitedStakeshop Pty Ltd
AFSL number238,814548,196
Year founded2,0192,017
Parent / ownershipCommonwealth Bank of Australia (CBA)Privately held (Stakeshop AFSL Pty Ltd group); investors include AGL Energy's former CEO and various private investors
Country of incorporationAUAU
Public company statuspublicprivate
money movement
Minimum initial deposit$50$500
Minimum subsequent purchase$50$20
Deposit methodsLinked CBA transaction account (CDIA, Smart Access, Streamline Basic, NetBank Saver, etc.) - direct debitBank transfer (Osko/PayID), Apple Pay, Google Pay, Debit card, Credit card
Settlement periodT+2T+2 for ASX; T+1 for US
Withdrawal time1-2 business days1-2 business days for AUD (Stake AUS); 2-3 US business days for USD (Stake Wall St)
platform ux
iOS appYesYes
Android appYesYes
Desktop platformNoNo
Demo accountNoNo
Free real-time market dataNoYes
Free research reportsNoYes
2FA supportSMS + PINauthenticator app
Customer support channelsphone, email, in-app messagingEmail, In-app chat, Help centre
Support hours (AU time)Mon-Fri 8:00am-6:00pm AET (phone)Business hours AEST/AEDT (approximately Mon-Fri); chat/email response varies
Education contentstructured coursesstructured courses
tax and reporting
Australian tax statementYesYes
Distribution component breakdownNoNo
CGT calculator / reportYesYes
Sharesight / Navexa integrationYesYes
trading mechanics
Market ordersYesYes
Limit ordersYesYes
Stop loss ordersNoYes
Conditional ordersNoNo
Auto-invest / DCAYesNo
Auto-invest sophisticationsingle assetnone
DRP (dividend reinvestment)YesNo
After-hours / overnight tradingNoYes

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