Share Trading comparison
Totality Wealth vs Webull
The biggest practical difference is that Webull offers zero-brokerage US trades and near-zero ASX brokerage, while Totality Wealth charges a flat 0.08% on both markets but gives you access to 18 global exchanges plus bonds and CFDs. Webull is a CHESS-sponsored broker with your own HIN; Totality uses a mixed custody model where you can choose CHESS sponsorship or nominee holding. Both charge no monthly or inactivity fees.
Choose
Totality Wealth
if…
- ›You want to trade on 18 global markets including London, Hong Kong, Tokyo, and European exchanges from one account
- ›You need bonds, CFDs, or options alongside standard shares and ETFs
- ›You want a demo account with extensive educational content to learn before trading
- ›You prefer to deposit via BPAY, PayPal, or credit/debit card — not just bank transfer
- ›You want integrated research reports from the platform at no extra cost
Choose
Webull
if…
- ›You want zero brokerage on US stocks and ETFs, and just 0.03% (min $1) on ASX shares with free ASX ETF trades
- ›You want to buy fractional US shares — Totality doesn't offer them
- ›You want automatic dollar-cost averaging with a weighted auto-invest feature
- ›You want after-hours trading on US markets
- ›You want a built-in CGT calculator and Australian tax statement to simplify tax time
Where they differ
| Fact | Totality Wealth | Webull |
|---|---|---|
| US brokerage | $1 minimum or 0.08% | $0 (free) |
| ASX brokerage minimum | $3 | $1 |
| CHESS sponsorship | Mixed (CHESS or custodian) | CHESS (own HIN) |
| Fractional US shares | Not offered | Available |
| Market data fees | $0/month | $49.99/month |
Verdict
Choose Webull for ultra-low-cost US and ASX trading with CHESS sponsorship; choose Totality for multi-market access, bonds, and CFDs.
Cost calculator
What would Totality Wealth vs Webull 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 | Totality Wealth | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | mixed | chess |
| 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 | No | 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 | US, GB, HK, JP, DE, FR, CA, SG, CH, NL, IT, ES, BE, AT, DK, SE, NO, FI | Hong Kong, China (A-shares) |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | Yes | Yes |
| CFDs supported | Yes | No |
| Crypto trading | — | Yes |
| Managed funds | No | No |
| Bonds supported | Yes | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.45% | 0.5% |
| FX spread (other currencies) | 0.45% | 0.5% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $49.99/month |
| Conditional order fees | $0 | $0 |
| 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 | $3 | $1 |
| ASX brokerage percentage | 0.08% | 0.03% |
| ASX brokerage threshold | $3,750 | $3,333 |
| ASX free trade conditions | — | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | US$1 | US$0 |
| US brokerage percentage | 0.08% | 0% |
| 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 | — |
| identity and trust | ||
| Legal entity name | Totality Wealth Limited (formerly Saxo Capital Markets (Australia) Pty Ltd) | Webull Securities (Australia) Pty Ltd |
| AFSL number | 280,372 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,012 | 2,022 |
| Parent / ownership | DMA (Johannesburg, South Africa) 80.1% / Saxo Bank A/S (Denmark) 19.9% | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $0 | $500 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | bank_transfer, BPAY, credit_card, debit_card, PayPal, Wise | PayTo, Bank transfer (EFT), International wire |
| Settlement period | T+2 ASX, T+1 US | T+2 for ASX; T+1 for US |
| Withdrawal time | 1-3 business days | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | No | No |
| Free research reports | Yes | No |
| 2FA support | app | authenticator |
| Customer support channels | phone, email, live_chat | Phone, Email, In-app chat |
| Support hours (AU time) | Mon-Fri 08:30-17:30 Sydney time | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | extensive | structured |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| 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 | Yes |
| Auto-invest sophistication | none | weighted |
| DRP (dividend reinvestment) | Yes | No |
| After-hours / overnight trading | No | Yes |