Share Trading comparison
Halo Technologies vs SelfWealth
The biggest difference between Halo Technologies and SelfWealth comes down to cost versus capability. SelfWealth charges zero monthly or annual platform fees and costs $9.50 per ASX trade, while Halo charges a hefty $159/month ($2,508/year) plus $15 per trade. But Halo opens the door to 30 global exchanges, fractional US shares, and razor-thin FX spreads — features SelfWealth simply doesn't offer.
Choose
Halo Technologies
if…
- ›You want access to 30 global exchanges including the UK, Europe, Japan and Asia Pacific — not just the US and HK
- ›You want to trade fractional US shares, allowing you to buy partial positions in expensive stocks
- ›You want near-zero FX spreads (0.005%) for currency conversion, far cheaper than SelfWealth's 0.6%
- ›You want to invest in managed funds alongside your direct shares
- ›You're a high-volume or high-balance investor who can absorb the $159/month fee in exchange for global reach and tight FX
Choose
SelfWealth
if…
- ›You want zero monthly or annual platform fees — SelfWealth charges nothing to hold an account
- ›You want cheaper ASX trades at $9.50 per trade, compared to Halo's $15 minimum
- ›You want a CHESS-sponsored HIN in your own name, giving you direct ownership of ASX-listed shares
- ›You want OSKO instant deposits and BPAY as funding options, not just bank transfer
- ›You want a kids/minor account option, which Halo doesn't offer
Where they differ
| Fact | Halo Technologies | SelfWealth |
|---|---|---|
| Monthly platform fee | $159/month | $0/month |
| ASX brokerage | $15 per trade (or 0.12%) | $9.50 per trade |
| FX spread (AUD/USD) | 0.005% | 0.6% |
| CHESS sponsorship | Custodian model (no individual HIN) | CHESS-sponsored (individual HIN) |
| Global markets | 30 exchanges (US, UK, Europe, Japan, Asia Pacific) | US and Hong Kong only |
Verdict
Choose SelfWealth for low-cost, CHESS-sponsored ASX trading; choose Halo for global market access and fractional US shares if you can stomach the monthly fee.
Cost calculator
What would Halo Technologies vs SelfWealth actually cost you?
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 | Halo Technologies | SelfWealth |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | mixed |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | Yes | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | — | Yes |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | US (NASDAQ, NYSE), UK, Europe, Japan (NIKKEI), Asia Pacific, 30 exchanges total | HK |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | Yes | No |
| Options trading | — | No |
| CFDs supported | No | No |
| Managed funds | Yes | No |
| Bonds supported | — | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.5% | 60% |
| FX spread (other currencies) | 0.5% | — |
| Holds USD account | — | Yes |
| Market data fees | $19/month | $0/month |
| Conditional order fees | — | $0 |
| costs visible | ||
| ASX brokerage minimum | $15 | $9.5 |
| ASX brokerage percentage | 0.12% | — |
| ASX brokerage threshold | $12,500 | — |
| ASX free trade conditions | Promotional offer: $0 brokerage on trades up to $250,000 (per landing page /0-brokerage-on-trades-up-to-250000); standard FSG schedule remains $15/0.12%. Conditions not fully disclosed publicly. | Selfwealth Premium subscribers ($29/month or $240/year) receive 10 complimentary trades annually; otherwise no free-trade conditions. |
| US brokerage minimum | US$15 | US$9.5 |
| US brokerage percentage | 0.12% | — |
| Monthly platform fee | $159/month | $0/month |
| Annual platform fee | $2,508/year | $0/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | — | $0 |
| Off-market transfer fee | — | $27.5 |
| identity and trust | ||
| Legal entity name | HALO Technologies Pty Ltd (ABN 54 623 830 866); ultimately wholly owned by HALO Technologies Holdings Limited ABN 73 645 531 219 | SelfWealth Pty Ltd |
| AFSL number | 484,264 | 421,789 |
| Year founded | 2,017 | 2,012 |
| Parent / ownership | HALO Technologies Holdings Limited (ASX:HAL) — ultimate parent; publicly listed | Syfe (Svava Pte Ltd, Singapore) |
| Country of incorporation | AU | AU |
| Public company status | public | private |
| money movement | ||
| Minimum initial deposit | — | $500 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | AUD bank transfer / direct credit (to HALO trust account) | OSKO, BPAY, EFT/bank transfer |
| Settlement period | — | T+2 |
| Withdrawal time | — | 1-2 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | — | No |
| Demo account | — | No |
| Free real-time market data | No | No |
| Free research reports | No | No |
| 2FA support | — | authenticator app |
| Customer support channels | phone, email, live chat | live chat, email, phone |
| Support hours (AU time) | — | 10am-4pm AET, Monday-Friday (closed public holidays) |
| Education content | basic articles | basic articles |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | — | No |
| Sharesight / Navexa integration | — | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | — | Yes |
| Auto-invest / DCA | — | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | — | Yes |