Is CommSec owned by Commonwealth Bank?
Is CommSec owned by Commonwealth Bank?
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, and a participant of the ASX Group and Chi-X Australia.
How do I contact CommSec?
CommSec – Contact us – 13 15 19.
Can you buy international shares with CommSec?
You can buy international shares directly through some online brokers, such as CommSec. A lower cost option is to invest in international shares through exchange traded funds (ETF).
Is CommSec better than Nabtrade?
For example, if you intend to trade just a few hundred dollars each time, CommSec has a cheaper option at $10 brokerage, compared to nabtrade’s fee of $14. Alternatively, if you trade anything above $1000, nabtrade has a better brokerage deal in many cases.
Is CommSec worth using?
Final verdict. CommSec Pocket was simple and fairly enjoyable to use. It offers new investors an easy way to start saving and getting involved in the share market. However, it pays to work out how often you plan to invest per year, what your fees will be and how much that will impact your investments.
How do I put money on CommSec?
If you are logged into the CommSec website, switch into NetBank by selecting ‘NetBank’ from the tab in the top-left corner of your screen. Go to the ‘Transfers’ tab then select ‘Transfer money’. In the ‘From’ account drop-down menu, select your CDIA.
Do I need a Commonwealth Bank account for CommSec?
Launching in 1995, CommSec is one of Australia’s oldest share trading platforms for the retail market. You don’t need to be a banking customer of the Commonwealth Bank to open a CommSec Share Trading Account, but it does allow you to easily view and move between banking and trading accounts with a single login.
How long does it take to sell shares CommSec?
The transfer usually takes 24-48 hours. You will see your shares in your CommSec portfolio once they are successfully transferred.
How do I sell shares through 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.
How do I deposit money into CommSec International?
How to transfer funds to or from your International Trading…
- Go to Portfolio, locate your international account and select “Transfer Cash”; or.
- Go to Portfolio > Accounts, then select your international account from the dropdown menu; or.
- Go to Trading > International > Transfer Funds.