Share Trading comparison
nabtrade vs Totality Wealth
The biggest difference between nabtrade and Totality Wealth comes down to custody versus ownership. nabtrade is a CHESS-sponsored broker, meaning you get an individual HIN and shares are held in your own name on the ASX register. Totality Wealth operates a mixed model — you can get a HIN for ASX trades, but it also uses a custodian structure for international markets, and its corporate-action fees are far more complex. On price, Totality is dramatically cheaper for frequent traders, while nabtrade is the safer bet if you want simplicity and full ownership.
Choose
nabtrade
if…
- ›You want CHESS sponsorship with your own HIN for every ASX trade — your shares, your name on the register.
- ›You need a kids / minor account, which Totality doesn't offer.
- ›You want managed funds, bonds, and IPO access all in one place.
- ›You value a big-bank parent (NAB) and straightforward fee disclosures with no hidden corporate-action charges.
- ›You want a free Australian tax statement and CGT report at tax time.
Choose
Totality Wealth
if…
- ›You trade frequently — Totality's ASX brokerage starts at just $3 (vs $9.95) and US trades from $1 (vs $9.95).
- ›You want zero market data fees and no monthly platform fee whatsoever.
- ›You trade global markets beyond the US and UK — Totality covers 18 countries including Japan, Canada, Singapore and Switzerland.
- ›You want a demo account to test the platform before depositing real money.
- ›You prefer paying via credit card, debit card, PayPal or Wise — not just bank transfer and BPAY.
Where they differ
| Fact | nabtrade | Totality Wealth |
|---|---|---|
| ASX brokerage minimum | $9.95 | $3.00 |
| US brokerage minimum | $9.95 USD | $1.00 USD |
| FX spread (AUD/USD) | 0.8% | 0.0045% |
| Market data fees | $19.95/month | $0/month |
| CHESS sponsorship model | CHESS (full HIN) | Mixed (HIN available but custodian for some markets) |
Verdict
Choose nabtrade for CHESS ownership and banking simplicity; choose Totality for far lower trading costs and global market access.
Cost calculator
What would nabtrade vs Totality Wealth 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 | nabtrade | Totality Wealth |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | chess | mixed |
| Individual HIN | Yes | 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 | No |
| 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 | United Kingdom (LSE), Germany (Xetra), Hong Kong (HKEx) | US, GB, HK, JP, DE, FR, CA, SG, CH, NL, IT, ES, BE, AT, DK, SE, NO, FI |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | No |
| Options trading | Yes | Yes |
| CFDs supported | No | Yes |
| Managed funds | Yes | No |
| Bonds supported | Yes | Yes |
| IPO access | Yes | No |
| costs hidden | ||
| FX spread (AUD/USD) | 80% | 0.45% |
| FX spread (other currencies) | 80% | 0.45% |
| Holds USD account | No | Yes |
| FX currency switch trick | — | No |
| Market data fees | $19.95/month | $0/month |
| Conditional order fees | $0 | $0 |
| Phone trade surcharge | $59.95 | — |
| Corporate action fees | — | Custodian processes corporate actions; proxy voting subscription EUR 30/year + EUR 5 per vote; new instrument requests USD 200 for Platinum / free for VIP legacy tiers; reporting fee USD 50 for Classic email reports. |
| costs visible | ||
| ASX brokerage minimum | $9.95 | $3 |
| ASX brokerage percentage | 11% | 0.08% |
| ASX brokerage threshold | $20,000 | $3,750 |
| US brokerage minimum | US$9.95 | US$1 |
| US brokerage percentage | 11% | 0.08% |
| Monthly platform fee | — | $0/month |
| Annual platform fee | — | $0/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | $55 | $50 |
| identity and trust | ||
| Legal entity name | WealthHub Securities Limited | Totality Wealth Limited (formerly Saxo Capital Markets (Australia) Pty Ltd) |
| AFSL number | 230,704 | 280,372 |
| Year founded | 2,012 | 2,012 |
| Parent / ownership | National Australia Bank Limited (ASX: NAB) | DMA (Johannesburg, South Africa) 80.1% / Saxo Bank A/S (Denmark) 19.9% |
| Country of incorporation | AU | AU |
| Public company status | public | private |
| money movement | ||
| Minimum initial deposit | $500 | $0 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | Direct credit / EFT, BPAY, Internal transfer from linked NAB account | bank_transfer, BPAY, credit_card, debit_card, PayPal, Wise |
| Settlement period | ASX T+2; US T+1; UK/Germany/HK T+2 | T+2 ASX, T+1 US |
| Withdrawal time | Instant to linked NAB accounts; 1 business day to other Australian banks | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | Yes | No |
| Free research reports | Yes | Yes |
| 2FA support | SMS + PIN | app |
| Customer support channels | Phone, Email, Secure messaging (via NAB Internet Banking) | phone, email, live_chat |
| Support hours (AU time) | Mon-Fri 8am-6pm AEST/AEDT (contact centre typically 9am-5pm) | Mon-Fri 08:30-17:30 Sydney time |
| Education content | structured | extensive |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| Distribution component breakdown | No | No |
| CGT calculator / report | Yes | No |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | No | No |
| Auto-invest sophistication | none | none |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | No | No |