Rates & Fees

For a full list of fees and charges, please refer to our Financial Services Guide

Australian Shares

Trade execution	Brokerage fee amount by transaction value^1,2,3,4
Trade online and settle your trade to a CDIA⁵ or CommSec Margin Loan⁵	$10.00 (Up to and including $1,000) $19.95 (Over $1,000 up to $10,000 (inclusive)) $29.95 (Over $10,000 up to $25,000 (inclusive)) 0.12% (Over $25,000)
Trade online and settle into a bank account of your choice	$29.95 (Up to and including $9,999.99) 0.31% ($10,000 and above)
Trades over the phone and deceased estates⁶	$59.95 (Up to and including $10,000) 0.52% (Over $10,000 up to $25,000 (inclusive)) 0.49% (Over $25,000 up to $1,000,000 (inclusive)) 0.11% (Over $1,000,000)
Trades requiring settlement through a third party⁶	$99.95 (Up to and including $15,000) 0.66% (Over $15,000)
¹Different brokerage rates apply to CommSec Pocket trades executed through CommSec Pocket App or CommBank App. ²Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under clause 22 of CommSec's Share Trading Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG. ³Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades. ⁴Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative. ⁵To be eligible, you must trade online, be CHESS Participant Sponsored with CommSec and settle your trades through either a Commonwealth Direct Investment Account (CDIA) or a CommSec Margin Loan. ⁶Includes CommSec Margin Lending and Geared Investments Lending Trades and where the Commonwealth Bank exercises its rights under the loan terms and conditions.

CommSec Pocket

Trade execution	Brokerage fee amount by transaction value^1,2
Trade through Pocket App or CommBank App	$2.00 (up to and including $1,000) 0.20% (Over $1,000)
Late settlement fee	$10.00

¹ If additional services are required through the CommSec website or over the phone then fees will be as outlined in the CommSec FSG.

² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

International Shares

Markets	Brokerage Fee¹	Other Costs
North America New York Stock Exchange NASDAQ American Stock Exchange Includes equities, foreign denominated bonds and managed funds	USD $19.95 for trades up to USD $5,000 USD $29.95 for trades up to USD $10,000 0.31% for trades above USD $10,000^2,3
US Exchange Traded Options Note: We are no longer accepting new applications for this product	USD $65.00 or 0.75%, whichever is greater^2,3	USD $1.10 per contract applies to US Option trades
Canada	USD $39.95 or 0.40%, whichever is greater^2,4,5,6	Taxes and market fees put through at cost
Asia Pacific Japan Hong Kong	USD $39.95 or 0.40%, whichever is greater^2,4,5,6	Taxes and market fees put through at cost
Singapore	USD $39.95 or 0.40%, whichever is greater^2,4,5,6	Taxes and market fees put through at cost
Europe and Middle East London Stock Exchange (LSE)	USD $39.95 or 0.40%, whichever is greater^2,4,5,6	A stamp duty of 50 basis points may apply to buy trades executed on the LSE
France Germany Italy The Netherlands Norway Sweden Switzerland	USD $39.95 or 0.40%, whichever is greater^2,4,5,6	Taxes and market fees put through at cost
¹Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under clause 23 of CommSec’s International Securities Trading Terms and Conditions. ²For all limit and market orders which are not fully executed in the same trading day, normal brokerage will be charged for the total portion executed per day. Brokerage charges may be converted and applied in the local currency. This may result in variances in the US dollar equivalent brokerage applied. Unless otherwise indicated, where a fee is expressed as a percentage, it refers to a percentage of the transaction value. ³Brokerage is charged on an aggregated (averaged out) basis for trades in the same stock, on the same account, on the same day and in the same direction (buy/sell). That is, brokerage is charged as if a single trade took place combining and averaging out each of these trades. Each such aggregation/combination will attract a separate brokerage charge. ⁴May be subject to additional local exchange fees. ⁵Brokerage is applied individually for each trade regardless of whether multiple trades in the same stock occur. ⁶Where an amendment is made to a partially executed order, the amended order is treated as a new order and normal brokerage will be charged upon execution.

Third Party Fees^{2, 6}

Foreign Exchange^{7, 8}

Fee Type	Amount
FX Fee on deposit and withdrawal⁷	0.60%
FX Fee per trade	NIL
⁷For trades in currencies to which certain restrictions apply, currency must first be transferred from USD and will incur a small additional spread.

Other Fees^1,12

Fee Type	Amount (USD)
Custody fee for inactive accounts⁸	$25.00 per year
⁸Custody fees are charged to accounts defined as inactive; that is, accounts holding a security position for a calendar year (1 January to 31 December) without generating a trade, or margin interest of USD $100 or more. Systematic reinvestment activity in mutual funds and/or exchange activity in mutual funds will be considered as a trade. However, dividend reinvestment activity is not considered a trade.

Fee Type

Amount (USD)

Custody fee for inactive accounts⁸

$25.00 per year

⁸Custody fees are charged to accounts defined as inactive; that is, accounts holding a security position for a calendar year (1 January to 31 December) without generating a trade, or margin interest of USD $100 or more. Systematic reinvestment activity in mutual funds and/or exchange activity in mutual funds will be considered as a trade. However, dividend reinvestment activity is not considered a trade.

Margin Lending

Margin Lending Interest Rates effective from 28 February 2025

	Paid Yearly in Advance	Paid Monthly in Arrears
Variable Rate	N/A	8.90% p.a.
1 Year Fixed Rate	8.49% p.a.	8.54% p.a.
2 Year Fixed Rate	8.64% p.a.	8.69% p.a.
3 Year Fixed Rate	8.74% p.a.	8.79% p.a.
5 Year Fixed Rate	8.99% p.a.	9.04% p.a.
Interest Rates are subject to change without notice. All rates are indicative only. Other fixed terms & firm rates available on application. Margin Loans and ETOs involve risk - see the Margin Loan and ETO Risk Disclosure, Disclaimer and Important Information. For a complete list of potential fees and charges that may apply to your account, please read our Financial Services Guide (PDF, 1539kb). Fees and charges are subject to change without notice.

Brokerage Rates

Trade execution	Brokerage fee amount by transaction value^1,2,3,4
Trade online and settle your trade to a CDIA⁵ or CommSec Margin Loan⁵	$10.00 (Up to and including $1,000) $19.95 (Over $1,000 up to $10,000 (inclusive)) $29.95 (Over $10,000 up to $25,000 (inclusive)) 0.12% (Over $25,000)
Trade online and settle into a bank account of your choice	$29.95 (Up to and including $9,999.99) 0.31% ($10,000 and above)
Trades over the phone and deceased estates⁶	$59.95 (Up to and including $10,000) 0.52% (Over $10,000 up to $25,000 (inclusive)) 0.49% (Over $25,000 up to $1,000,000 (inclusive)) 0.11% (Over $1,000,000)
Trades requiring settlement through a third party⁶	$99.95 (Up to and including $15,000) 0.66% (Over $15,000)
¹Different brokerage rates apply to CommSec Pocket trades executed through CommSec Pocket App or CommBank App. ²Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under clause 22 of CommSec's Share Trading Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG. ³Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades. ⁴Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative. ⁵To be eligible, you must trade online, be CHESS Participant Sponsored with CommSec and settle your trades through either a Commonwealth Direct Investment Account (CDIA) or a CommSec Margin Loan. ⁶Includes CommSec Margin Lending and Geared Investments Lending Trades and where the Commonwealth Bank exercises its rights under the loan terms and conditions.

Application Fee

Type of Application Fee	Fee Amount
Application fee for individual and company applicants	$0
Trust deed investigation fee	minimum $200
Personal Property Securities Register (PPSR) Registration Fee (Government fee payable when the Security Interest is registered, or registration is amended)	Amount of government fee (if applicable)

Account Maintenance Fee

Account Maintenance Fee Type	Fee Amount
Account Keeping Fee	$0
Printing and postage of contract notes (Electronic contract notes are free of charge)	$1.95
Dishonour Fee	$30
Rebooking Fee	$25
Off Market Transfer Fee	$54
Additional Statement Fee. We may charge this fee if you request an additional statement or a reprint of a loan statement.	$10 per statement
Government tax or duty	Amount of government tax or duty

Account Closure Fee

Account Closure Fee Type	Fee Amount
Early repayment adjustment and administrative fee on fixed rate loans	Depends on amount of loan and interest rate movements

Cash

Interest Rates - Accounts opened / migrated on or after 1 November 2012

All rates displayed in the table below are per annum.

Effective from 28 February 2025.

For interest rates applicable to the Standard Access CDIA, please refer to Interest Rates on Transaction, Savings and Investment Accounts *Option only available for self-managed superfunds (SMSF), that elect the SMSF CDIA option at account opening or have requested to switch onto the SMSF option.
Balance	Linked to CommSec Trading Account	SMSF*
$500,000 or more	2.50% p.a.	2.45% p.a.
$250,000 - $499,999	2.30% p.a.	2.45% p.a.
$100,000 - $249,999	2.00% p.a.	2.45% p.a.
$50,000 - $99,999	1.45% p.a.	2.45% p.a.
$20,000 - $49,999	1.20% p.a.	2.45% p.a.
$10,000 - $19,999	1.00% p.a.	2.45% p.a.
$5000 - $9,999	0.35% p.a.	0.35% p.a.
$0 - $4,999	0.35% p.a.	0.35% p.a

Interest Rates - Accounts opened on or before 31 October 2012#

All rates displayed in the table below are per annum.

Effective from 28 February 2025.

Balance	Accounts opened on or before 31 October 2012^#
$500,000 or more	1.70% p.a.
$250,000 - $499,999	1.70% p.a.
$100,000 - $249,999	1.20% p.a.
$50,000 - $99,999	1.20% p.a.
$20,000 - $49,999	0.35% p.a.
$10,000 - $19,999	0.35% p.a.
$5,000 - $9,999	0.35% p.a.
$0 - $4,999	0.00% p.a.

Withdrawal Fees

For accounts opened / migrated on or after 1 November 2012:

- CDIA accounts linked to CommSec Trading Account price option allows for unlimited fee-free electronic withdrawals
- SMSF CDIA price option allows for unlimited fee free electronic withdrawals and assisted withdrawals each month

For accounts opened on or before 31 October 2012: please refer to your Offer Confirmation Letter (available on NetBank) or for Standard Access (CDIA) accounts, please refer to Rates and Fees.

Other Fees and Charges

For a complete list of potential fees and charges that may apply, please read the Transaction, Savings and Investment Terms and Conditions

Fees and rates are subject to change.

Derivatives

Exchange Traded Options

Trade execution	Brokerage fee amount by transaction value^1,2,3
Exchange-Traded Options⁴ traded online⁵ (also charged on the subsequent share transaction⁶upon exercise or assignment of the option)	$34.95 up to $10,000 in premium 0.35% (above $10,000)
Exchange-Traded Options⁴ traded over the phone⁵ (also charged on the subsequent share transaction⁶ upon exercise or assignment of the option)	$54.60 up to $10,000 in premium 0.54% (above $10,000)
¹ Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under the General Conditions of Trade within the ETO PDS and Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG. ² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades. ³ Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative. ⁴ ETO contract fees also apply. See the “Other fees and charges” section of the CommSec FSG. ⁵ For ETO multi-leg orders, brokerage is charged on each individual options leg. The execution of an equity leg (an Australian listed share transaction), traded as part of an options multi-leg order will incur ‘Australian listed shares’ fees and charges as disclosed in the CommSec FSG. ⁶ Listed equities transactions that result from an exercise or assignment of ETO contracts are charged at the same rate of brokerage as the original ETO transaction. For this reason the brokerage charged on the listed equities transaction arising from an exercise or assignment of an ETO contract may differ from and overrides the default rates set out in the CommSec FSG.

Trade execution

Brokerage fee amount by transaction value^1,2,3

Exchange-Traded Options⁴ traded online⁵ (also charged on the subsequent share transaction⁶upon exercise or assignment of the option)

$34.95 up to $10,000 in premium
0.35% (above $10,000)

Exchange-Traded Options⁴ traded over the phone⁵ (also charged on the subsequent share transaction⁶ upon exercise or assignment of the option)

$54.60 up to $10,000 in premium
0.54% (above $10,000)

¹ Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under the General Conditions of Trade within the ETO PDS and Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG.

² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

³ Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative.

⁴ ETO contract fees also apply. See the “Other fees and charges” section of the CommSec FSG.

⁵ For ETO multi-leg orders, brokerage is charged on each individual options leg. The execution of an equity leg (an Australian listed share transaction), traded as part of an options multi-leg order will incur ‘Australian listed shares’ fees and charges as disclosed in the CommSec FSG.

⁶ Listed equities transactions that result from an exercise or assignment of ETO contracts are charged at the same rate of brokerage as the original ETO transaction. For this reason the brokerage charged on the listed equities transaction arising from an exercise or assignment of an ETO contract may differ from and overrides the default rates set out in the CommSec FSG.

ETO Contract fees (per contract)	Amount per contract⁷
Equity Option Contract (Open/Close)	$0.13 (GST exclusive)
Equity Option Contract (Exercise/Assignment)	$0.05 (GST exclusive)
Index Option Contract (Open/Close)	$0.45 (GST exclusive)
Index Option Contract (Exercise/Assignment)	$0.35 (GST exclusive)
⁷ ETO Contract fees have been set out on a GST exclusive basis as the total GST may be rounded in accordance with the GST law. Fees and rates are subject to change

Other fees and charges	Amount
Late settlement fee⁸	$100
Rebooking fee	$25 per rebooking
⁸ Please note that CommSec requires all clients to ensure cleared funds are available to meet settlement obligations. Multiple direct debit rejections may lead to trading restrictions being imposed on your account. A direct debit rejection will be treated as a late settlement.

Other Fees

Description	Fee*
Printing and postage of contract notes	$1.9576
Reprinting and postage of CHESS statement	$16.50 per stock
Late settlement fee – Buy or Short Sell	$100
SRN query, rebooking fee	$25.00
Off market transfer fee	$54.00 per transfer
*All of the above fees include GST Fees and rates are subject to change

"$0 brokerage on your first 10 trades" offer only available to new CommSec customers opening a new individual Australian Share Trading Account & Commonwealth Direct Investment Account (CDIA) between 1st May 2025 and 31st July 2025 via the ‘Join now’ link at www.commsec.com.au/offer or through the CommBank App. Offer applies if you trade online, are CHESS-sponsored by CommSec and settle your trade through your CDIA. This offer does not apply to CommSec Pocket trades, International Share trades, Exchange Traded Options or Margin Lending. You are not eligible for this offer if you have closed an Australian Share Trading Account on or after 1st May 2025. Offer not valid in conjunction with any other offer and not open to existing CommSec customers. As part of the offer, you will receive $0 brokerage on your first 10 Australian share trades, up to a maximum trade value of $50,000 each for orders placed on or before 31st October 2025. Standard CommSec brokerage charges apply for orders placed or amended after 31st October 2025. Trades above $50,000 will incur brokerage charges. For CommSec standard brokerage charges, see the CommSec Financial Service Guide. No brokerage fee will be shown on the CommSec Confirmation Contract Note issued in respect of applicable trades under this offer. This offer is not redeemable for cash and is not transferable. CommSec Share Trading Terms and Conditions apply unless otherwise specified here. Applicants must be 18 years or over. We reserve the right to terminate this offer or amend these terms and conditions at any time without notice. For any queries on this offer, please contact us on 13 15 19.

Rates and Fees !!