CommSec: settlement-linked brokerage, Pocket, international fees and legal entities
A permanent Australian reference to CommSec’s domestic brokerage tiers, CDIA settlement effect, Pocket ETF route, international trading costs, platforms and the separate broker and banking companies.
By Editorial deskOperating status: ActiveSources checked Published Updated
This profile covers Australian retail brokerage and the associated CDIA settlement route. International custody, banking and margin lending use additional terms.
ASX brokerage is lowest when eligible trades settle through CDIA or a CommSec margin loan; external settlement uses a higher schedule.
CommSec Pocket is a separate ten-ETF mobile route with A$2 standard brokerage to A$1,000 and a time-limited October 2026 offer.
Commonwealth Securities Limited supplies brokerage, while Commonwealth Bank supplies the CDIA banking product under a separate licence.
CommSec is Commonwealth Bank of Australia’s Australian brokerage platform, but the lowest domestic share-trading price depends on settling through a Commonwealth Direct Investment Account or an eligible margin loan. Customers who settle through another bank account use a different brokerage schedule.[1][3]
The service spans Australian shares, international markets, exchange-traded options, margin lending and the simplified CommSec Pocket ETF product. Those routes use different interfaces, custody arrangements and fee units, so a single “CommSec brokerage” number is incomplete.[2][4][6]
Australian purchases create a settlement obligation even where a trading limit allowed the order before cash arrived. CommSec says an overdue payment can attract A$100, suspend further purchases and lead to review of trading-limit privileges. This domestic share-trading charge is distinct from Pocket’s own late-settlement schedule.[11]
ContextNo regular CDIA account-keeping fee on the cited page.Source 3
MeasureWithdrawals
ValueA$0 from CommSec/CBA schedule
ContextOther bank or transfer conditions can still apply.Source 3
MeasureInterest
ValueVariable tiered rate
ContextThe applicable cash rate can change and should be checked at funding.Source 3
MeasureSettlement use
ValueAutomatic trade settlement
ContextThe CDIA is used to debit purchases and credit sales and income.Source 3
Reference table09
International money movement
International money movement
Subject
Published terms
Practical scope
SubjectRequest route
Published termsPortfolio → International Shares Account → Transfer Funds
Practical scopeSelect International Wallet to deposit or Bank Account to withdraw.Source 9Source 10
SubjectStandard transfer entry
Published termsEnter the requested amount in AUD
Practical scopeThe linked bank account is debited or credited.Source 9Source 10
SubjectCash available to move
Published termsUse Transferable funds rather than portfolio market value
Practical scopeOpen purchase orders and unsettled activity affect available balances.Source 9Source 10
The international guide distinguishes tradable funds from funds transferable to the linked CDIA. A withdrawal that leaves insufficient tradable funds for resting buy orders can cause those orders to be cancelled. Account value, buying capacity and cash available to withdraw therefore answer different questions.[10]
CommSec directs closure requests for both Australian Shares and International Shares accounts to 13 15 19, with International Support handling the latter. A securities transfer and an account closure are separate requests. The feedback process permits escalation to Customer Relations and then eligible referral to the Australian Financial Complaints Authority; AFCA time limits apply.[12][13]
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.