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What this guide is for
Find out how to place an order to buy or sell shares and manage your order through the CommSec website. This guide does not cover trading international shares.
What you’ll need
- A CommSec trading account
- Access to a computer to log on to the CommSec website
- How to sell shares
What’s covered in this guide
How to buy shares
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Keep in mind
An Off Market Transfer Fee of $54 applies per stock. It’s charged to the recipient’s account.
Transferring stocks could have tax consequences. Please make sure you’ve considered the tax implications before proceeding. Visit the ATO website for more information and seek independent, professional tax advice. CommBank and CommSec are not registered tax (financial) advisers under the Tax Agent Services Act 2009 and are unable to provide tax advice in relation to transferring shares.
Tips on some of the options
Share Registry - e.g. Computershare, Link Market Services, or Boardroom.
Other broker account - another broker like nabtrade, CMC Markets, etc.
Summary comparison
| Limit | At Market | |
|---|---|---|
|
The condition you're setting |
Buys – setting the highest price you’re willing to pay |
Buys – setting the highest price you’re willing to pay Sells – setting the lowest price you’re willing to sell at .
|
|
Price entered |
Your limit price in dollars and cents |
Not Applicable |
|
Accepted |
All the time |
Not online |
Limit orders
An order with a Limit price means:
- For buys, the highest price you’re willing to pay for a share
- For sells, the lowest price you’re willing to sell a share
