Share Trading comparison
Sharesies vs Tiger Brokers
The biggest practical difference between Sharesies and Tiger Brokers is ownership structure. Sharesies holds your ASX shares in a custodian arrangement, while Tiger Brokers is CHESS-sponsored — meaning you get your own HIN and shares are held in your name. That distinction shapes everything from account types to control over your holdings.
Choose
Sharesies
if…
- ›You want to start investing with as little as $1 and no minimum deposit
- ›You need a kids / minor account to invest on behalf of children
- ›You want fractional shares on the ASX (not just US stocks)
- ›You prefer a simple pay-as-you-go or low monthly subscription model over percentage-based brokerage
- ›You want auto-invest with multiple assets and a structured DCA plan
Choose
Tiger Brokers
if…
- ›You want your own HIN and CHESS sponsorship so ASX shares are registered in your name
- ›You need joint, company, trust or SMSF accounts
- ›You want to trade options or access IPO allocations
- ›You want a desktop trading platform, demo account and free real-time market data
- ›You plan to trade larger ASX parcels — Tiger's percentage brokerage is far cheaper above $3,000
Where they differ
| Fact | Sharesies | Tiger Brokers |
|---|---|---|
| CHESS sponsorship | Custodian (no individual HIN) | CHESS-sponsored (individual HIN) |
| ASX brokerage model | 1.9% capped at $6, or monthly plans from $5/mo | $3 minimum or 0.03% up to $10,000 |
| Fractional ASX shares | Yes | No |
| Minimum initial deposit | $1 | $500 |
| Account types | Individual, kids | Individual, joint, company, trust, SMSF |
Verdict
Choose Sharesies for micro-investing, kids accounts and fractional ASX shares; choose Tiger Brokers for CHESS ownership, advanced account types and serious trading.
Cost calculator
What would Sharesies vs Tiger Brokers 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 | Sharesies | Tiger Brokers |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | chess |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | No | Yes |
| Trust account | No | Yes |
| SMSF account | No | 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 | NZ | Hong Kong, China A-shares |
| Fractional shares (ASX) | Yes | No |
| Fractional shares (US) | Yes | Yes |
| Options trading | No | Yes |
| CFDs supported | No | No |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | Yes |
| costs hidden | ||
| FX spread (AUD/USD) | 0.6% | 0.55% |
| FX spread (other currencies) | 0.6% | — |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | No |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | No fee for receiving DRP shares ('You don't pay a Sharesies transaction fee when you receive shares through a DRP'). Sharesies handles corporate actions via the Voting & Corporate Actions Policy; specific fees for rights issues, SPP, takeovers not separately listed in pricing schedule. | — |
| costs visible | ||
| ASX brokerage minimum | $0 | $3 |
| ASX brokerage percentage | 1.9% | 0.03% |
| ASX brokerage threshold | $315.79 | $10,000 |
| ASX free trade conditions | Pay-as-you-go: 1.9% per buy/sell order, capped at AU$6 for ASX, US$5 for US, NZ$25 for NZ. Monthly plans cover transaction fees on a set volume: $5/mo plan ($54/yr) covers $500 AUD buy/sell + $1,000 AUD auto-invest; $10/mo plan ($108/yr) covers $1,000 AUD buy/sell + $3,000 AUD auto-invest; $20/mo plan ($216/yr) covers $3,000 AUD buy/sell + $8,000 AUD auto-invest. Kids plan $2/mo covers $500 buy/sell + $1,000 auto-invest. Once monthly cover used up, pay-as-you-go applies. No truly free trade option. | New clients receive zero-brokerage on up to 4 trades per month on ASX/US stocks, ETFs or options (minimum brokerage waived; third-party fees still apply). |
| US brokerage minimum | US$0 | US$2 |
| US brokerage percentage | 1.9% | 0.01% |
| 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 | $50 | $50 |
| identity and trust | ||
| Legal entity name | Sharesies Australia Limited | Tiger Brokers (AU) Pty Limited |
| AFSL number | 529,893 | 300,767 |
| Year founded | 2,021 | 2,020 |
| Parent / ownership | Sharesies Group Limited (New Zealand) | UP Fintech Holding Limited (NASDAQ: TIGR) |
| Country of incorporation | AU | AU |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $1 | $500 |
| Minimum subsequent purchase | $1 | $0 |
| Deposit methods | PayID, OSKO, direct credit, card | PayID, PayTo, Bank transfer (direct credit) |
| Settlement period | T+2 ASX/NZX, T+1 US | T+2 (ASX), T+1 (US) |
| Withdrawal time | 1-2 business days for settled funds; longer if recently sold (T+2 settlement plus 1-2 days reconciliation plus 1-2 days bank transfer) | 1-2 business days (Tiger review) plus bank processing; can arrive same day |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | No | Yes |
| Free research reports | No | — |
| 2FA support | authenticator_app | authenticator app |
| Customer support channels | email, in_app | phone, email, live chat, in-app |
| Support hours (AU time) | Monday to Friday, 6 AM to 4 PM AEST | Phone: 9am-5pm weekdays (AET). Live chat: 9am-8:30pm weekdays. Email: ongoing. |
| Education content | basic_articles | structured courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | Yes | — |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple_assets | single asset |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | Yes | Yes |