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Overall Rating

4.5/5

CommSec Review

CommSec's features have seen continuous improvement over time, which is commendable. However, it's worth noting that alongside these enhancements, there has been an increase in fees. Initially attracted by a free trading offer, many users, especially those who trade frequently, may find the current fee structure less appealing. While the platform is suitable for beginners, those engaged in frequent trading might want to consider alternative options due to the higher costs.

Price
3/5
Features
3/5
Customer Reviews
4.5/5
Convenience
4/5
Trust
3.5/5

About CommSec

CommSec is Australia’s leading online trading platform, providing users with no monthly account-keeping or subscription fees. It features a standard minimum initial trade of $500 and offers access to both the ASX and 25 international markets.

Pros & Cons

International markets

Access to international markets

Trading Fees

High international trading fees

Account Fees

No account fees

Conversion Fees

Currency conversion fees

Share trades

CHESS-sponsored share trades

Discount

Limited intro-offer discounts

Key Features

Loan Types

Commonwealth Bank offers both variable-rate and fixed-rate personal loans.

Loan Amounts

Borrowers can apply for personal loans ranging from $4000 to $50000.

Repayment Terms

Loans can be repaid over one to seven years with options for weekly fortnightly or monthly instalments.

Additional Repayments

Additional repayments of up to $1000 can be made per year without a fee.

Customer Service at CommSec

Customers looking to contact Commonwealth Bank customer service can send an online enquiry form or pop into a branch.

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