What are CommSec shares?

CommSec is Australia’s largest online stockbroking firm. It is a subsidiary of the Commonwealth Bank. … In addition, CommSec also offers other peripherally related investment services, such as margin loan and cash accounts.

How do CommSec shares work?

A CommSec Share Trading Account gives you a fast, simple and affordable way to buy and sell Australian shares. You can place orders without a deposit1, so you can take advantage of investment opportunities when they arise. And you can place them however suits you best — online, on the go via our App or over the phone.

Is CommSec good for investing?

The verdict

CommSec Pocket, from Australia’s largest bank, helps newbie investors get started with investing using a small amount of money. If you want a flavour of stock market investing without the hassle of having to study company financial info and keeping track of share price movements, ETFs are a good way to go.

Is CommSec a share broker?

CommSec – Online Share Trading & Investing. Start trading today with Australia’s leading online broker.

What is CommSec used for?

CommSec International Trading gives you access to market news, sector analysis, stock news and indices information for US markets, plus international watchlist and portfolio capability.

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What is CommSec limit price?

Limit orders allow you to set a maximum purchase price for your buy orders, or a minimum sale price for your sell orders. If the market doesn’t reach your limit price, your order will not be executed.

How do I purchase shares?

The most common way to buy and sell shares is by using an online broking service or a full service broker. When shares are first put on the market, you can buy them via a prospectus. You can also buy through an employee share scheme, or invest indirectly through a managed fund.

Is CommSec good for beginners?

Yes, Commsec is good for beginners and is one of the easiest brokerage platforms to get started using.

Does Commonwealth Bank own CommSec?

Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (CBA Group).

Are CommSec fees high?

Commsec fees are more expensive than the discount online brokers but offer more features. … You can invest up to $1000 at a time, for $2 brokerage, again without paying management or inactivity fees. Most investors would be investing less than $10,000 at a time, making the $19.95 brokerage fee most relevant.

What is the minimum spend on CommSec?

Your initial purchase of any particular shareholding must be at least $500 worth of shares, known as a ‘minimum marketable parcel of shares’. CommSec may then allow you to purchase smaller amounts of shares to top up existing shareholdings.

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Is it free to join CommSec?

It’s free to join CommSec and you can be trading in as little as 5 minutes.

How do I deposit money into CommSec?

Australia’s leading online broker.

  1. The Markets. Find out what’s moving markets with our daily coverage.
  2. Executive Series. We interview leaders from a range of ASX-listed companies to help you uncover potential opportunities.

Are CommSec prices real time?

Yes. CommSecIRESS is a market-leading platform powered by IRESS market data which allows you to respond instantly to market movements. It offers real-time, dynamic market data streams and the ability to receive quotes and trade on equities and derivatives.

Is stake cheaper than CommSec?

No brokerage fees and minimal costs

Unlike CommSec (up to . 31% of your investment per trade) or Self Wealth ($9.50) you do not pay anything to buy or sell a US stock.

How do I sell shares on CommSec?

If you want to sell a shareholding through CommSec, you’ll need to open a CommSec Share Trading Account in the same name that the shares are registered under. Here’s how to find out what name your shares are registered under: Look for your latest dividend or holding statement for each share holding you want to sell.