SelfWealth's Core Offering
SelfWealth is an ASX-listed Australian brokerage that provides access to ASX-listed shares and ETFs at a flat $9.50 per trade. There are no monthly account fees, no inactivity fees, and no percentage-based fees that penalise larger trades. All holdings are CHESS-sponsored — your shares are registered in your name on the ASX's CHESS system. SelfWealth also offers US shares trading with a $9.50 US brokerage fee plus a 0.60% FX conversion fee.
The Fee Advantage: When SelfWealth Wins
For a $10,000 trade, CommSec charges $19.95. SelfWealth charges $9.50 — a saving of $10.45 per trade. For investors making regular, large ETF purchases — the primary use case for long-term wealth builders — SelfWealth's flat fee is a clear advantage over the major banks' percentage-based structures.
SelfWealth Community Feature
SelfWealth's community portfolio comparison tool allows users to see how their portfolio performance compares anonymously to other SelfWealth investors. You can view portfolio performance percentiles and see the most commonly held stocks and ETFs. Use it as a reference point, not a driver of investment decisions.
SelfWealth for ETF Investors: The Ideal Use Case
SelfWealth is particularly well-suited for the classic Australian long-term ETF investor making regular, substantial purchases. Someone investing $1,000–$2,000 per month in VAS and VGS pays $9.50 per purchase. The absence of autoinvest (you must manually initiate each purchase) is the platform's main limitation for automation-focused investors.
SelfWealth 2025 Verdict
SelfWealth remains one of the best-value Australian brokers for investors making regular, medium-to-large ETF purchases. The flat $9.50 fee, CHESS sponsorship, and no ongoing account fees make it highly competitive.
Rating: 4/5 — Excellent value for regular ETF investors making substantial purchases.