Which is better CommSec or 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.
What are nabtrade brokerage fees?
Domestic shares & mFunds
Trade size |
Brokerage (inc. GST) |
Up to $5,000 |
$14.95 |
$5,000.01 - $20,000.00 |
$19.95 |
Over $20,000.00 |
0.11% of trade value |
Over the phone |
$59.95 or 0.55% of trade value (whichever is greater) |
Does nabtrade have inactivity fees?
Inactivity fees.
Both CommSec and nabtrade charge inactivity fees on international trading accounts. CommSec's inactivity fee is $25 annually, nabtrade's inactivity fee is 0.50% of the average daily international holding balance monthly.
Is nabtrade any good?
Dependable platform, good customer service
I have been trading on Nabtrade for over 2 years and found them to be reliable, great customer support when I call, prompt pickup. Sure, the platform could be a bit clunky at times but at least they are actively trying to improve their technology.
How do I set up a NAB trade account?
How do I open a nabtrade trading account? Simply click 'Join' in the main navigation of our website to begin the application process. If you are a NAB customer, please ensure that you have your NAB ID (you can find your NAB ID on the back of any personal cards above the black magnetic strip) with you.
Which share trading account is best in Australia?
Best share trading platforms in Australia
- Best overall broker: CMC Markets.
- Best low-cost broker: Superhero.
- Best for US stocks: eToro.
- Best for Australian share trading: SelfWealth.
- Best for international share trading: Interactive Brokers Australia.
- Best for beginners: Sharesies.
- Best for active traders: Interactive Brokers.
Can I use nabtrade without a NAB account?
All NAB customers will also be able to see their nabtrade account information through NAB Internet Banking, and transfer cash between nabtrade and NAB in real-time. But, you don't have to be a NAB customer to enjoy the nabtrade platform.
How do I log into nabtrade?
HELPFUL HINT: If you are a NAB Internet Banking customer you can log into nabtrade via Internet Banking. Simply log into internet banking and select nabtrade under the Investments and superannuation heading.