If you prefer having your shares registered directly in your name for added security, you’ll want a broker that offers CHESS sponsorship.
To make things easy, we’ve highlighted some top share trading platforms from the 2024 Mozo Experts Choice Awards, each offering CHESS ownership and a whole lot more.
Best CHESS-sponsored broker for casual ETF investors
Moomoo, a CHESS-sponsored broker, has earned its place as one of the most cost-effective choices for ETF investments and those making smaller, infrequent trades in ASX shares.
Therefore, it’s no surprise that it took home two awards in the Casual ASX Investor and Casual ETF Investor categories at the 2024 Mozo Experts Choice Awards.
But that’s not all—here’s what else makes Moomoo a standout:
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Advertiser disclosure
This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We may also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Sometimes we may choose to advertise certain products more prominently, either by showing them as ‘Promoted’ at the top of a table or by selecting a set of specific products to feature on a page. Otherwise our comparison tables typically sort according to estimated repayments for loans and interest rates for deposits, and they show products that meet the criteria in the filters. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Moomoo share trading account
CHESS-sponsored shares
No monthly account-keeping fees (other fees may apply)
Trade Australian shares and ETFs starting at $3 brokerage per order
Access to US shares and ETFs starting at US$0.99 brokerage per order (other fees apply)
Moomoo offers a robust trading platform with affordable fees for both ASX and US stocks. In Australia, trades start at A$3 or 0.03% of the order value, whichever is higher. For US stocks, there’s a flat fee of US$0.99 per trade.
Moomoo also has a great mobile share trading app, packed with plenty of useful features for beginners and smart data tools for those who know what they’re looking for. It’s perfect for those wanting global market access and real-time data, and keeps you updated with news from Bloomberg, Dow Jones, Benzinga and more.
Keep in mind that purchasing shares from foreign exchanges with AUD involves a foreign exchange fee, which is included in the exchange rate. Be sure to review the full Financial Services Guide for more details.
Best CHESS-sponsored broker for active investors
CMC Invest has built a strong reputation with its competitive costs and powerful trading tools. Active investors looking for frequent short-term trading opportunities will appreciate why it won the Online Share Trader of the Year for Active Investors at the 2024 Mozo Experts Choice Awards.
And if you’re into international stocks, you’ll be glad to know CMC Invest is also among the lowest-cost platforms for U.S. trades, earning it the Casual US Trader award too.
Let’s have a closer look:
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
Important disclosures
Advertiser disclosure
This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We may also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Sometimes we may choose to advertise certain products more prominently, either by showing them as ‘Promoted’ at the top of a table or by selecting a set of specific products to feature on a page. Otherwise our comparison tables typically sort according to estimated repayments for loans and interest rates for deposits, and they show products that meet the criteria in the filters. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Share Investing (Standard)
CHESS-sponsored shares
$11 or 0.10% brokerage fee on trades over $1,000 (whichever is higher)
$0 brokerage on first buy order up to $1,000 (limited to one stock per trading day)
CMC Invest is highly regarded among active traders for its dynamic trading tools and competitive cost structure. They have a straightforward pricing model: $11 or 0.10% on Australian trades over $1,000. Plus, they throw in your first trade each day for free up to a $1,000 cap, limited to one stock per day.
CMC Markets also stands out for its wealth of educational support through guides and resources, including articles, ebooks, podcasts and videos.
Ideal for active traders looking for a robust platform with extensive market access, CMC Invest also offers insights from industry leaders and up-to-the-minute global market data.
Best CHESS-sponsored broker for casual investors
Saxo Markets stands out as the top choice for CHESS-sponsored brokerage for casual investors, earning the prestigious title of Online Share Trader of the Year for Casual Investors at the 2024 Mozo Experts Choice Awards.
This recognition reflects its wins across several key categories, including Casual ASX Investor, Casual ETF Investor and Casual US Investor.
For the casual investor—someone who invests infrequently and with a long-term focus—Saxo Markets certainly delivers value across a variety of investment types.
Let’s see what makes it so special:
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
Important disclosures
Advertiser disclosure
This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We may also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Sometimes we may choose to advertise certain products more prominently, either by showing them as ‘Promoted’ at the top of a table or by selecting a set of specific products to feature on a page. Otherwise our comparison tables typically sort according to estimated repayments for loans and interest rates for deposits, and they show products that meet the criteria in the filters. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Saxo Markets Classic
CHESS-sponsored shares
23,500+ stocks
Access to live data and market updates
Access to 50+ exchanges including ASX, NYSE, and Hong Kong
Saxo Markets makes investing accessible for casual investors with its user-friendly platform and low fees. There's no monthly fee, and commissions start at just $3 AUD per trade or 0.08% of the trade value (whichever is higher) on the Classic tier. For Platinum and VIP tiers, commissions decrease to a flat rate of 0.05% and 0.03% of the trade value, respectively.
Saxo makes it easy to invest globally with access to over 50 exchanges and more than 23,500 stocks. However, please note that trading international stocks involves a currency conversion fee. Make sure you review the full Financial Services Guide for more details.
Best CHESS-sponsored broker with a great mobile share trading app
A previous winner of Share Trading Platform of the Year (Casual) in the 2023 Mozo Experts Choice Awards, Stake continues to impress in 2024. This CHESS-sponsored broker is recognised for its low costs, earning top spots in the Casual ASX Investor and Casual ETF Investor categories.
Stake’s ASX Share Trading account is easily accessible through its sleek, minimalist mobile app—making it an excellent choice for those who love the mobile trading experience.
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
Important disclosures
Advertiser disclosure
This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We may also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Sometimes we may choose to advertise certain products more prominently, either by showing them as ‘Promoted’ at the top of a table or by selecting a set of specific products to feature on a page. Otherwise our comparison tables typically sort according to estimated repayments for loans and interest rates for deposits, and they show products that meet the criteria in the filters. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Best known for providing low-cost access to US markets, Stake only charges a foreign exchange fee when you convert money to and from USD, not when you buy and sell. It’s also a solid option for investors looking to buy and sell Australian stocks, offering access to over 2,000 ASX stocks and ETFs through its ASX Share Trading option.
With brokerage set at just A$3 per trade (for trade values up to $30,000), Stake could be a platform worth exploring if you’re looking to reduce your costs as much as possible.
Just be aware that Stake doesn't offer an automated settlement account; instead, you have to manually transfer funds to your Stake account following specific instructions each time you want to fund it.
Before you make up your mind, compare online share trading platforms and keep an eye out for brokerage fees, special offers, and more, or have a look at the featured brokers below.
Share account comparisons on Mozo
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Last updated 13 April 2025Important disclosures
Disclaimer
Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.
Share Investing
Standard
Small trade brokerage
Monthly fee
$0.00
$0.00
CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Australian and US shares from $0 brokerage (T&Cs apply - see website for full details).
CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Australian and US shares from $0 brokerage (T&Cs apply - see website for full details).
Monthly fee
$0.00
Monthly fee waiver
-
Special offers
-
Brokerage details
$0 for trades up to $1,000. Greater of $11 and 0.1% for trades over $1,000.
Trade more than 22,000 shares, ETFs and options across the Australian, US and Hong Kong markets on the moomoo Australia platform. And only pay from A$3 for local CHESS-sponsored trades and US$0.99 for all US trades. Other fees apply.
Trade more than 22,000 shares, ETFs and options across the Australian, US and Hong Kong markets on the moomoo Australia platform. And only pay from A$3 for local CHESS-sponsored trades and US$0.99 for all US trades. Other fees apply.
Monthly fee
$0.00
Monthly fee waiver
-
Special offers
Ongoing free access to real-time US market data.
Brokerage details
ASX trades are 0.03% the transaction amount, minimum $3.00 per order. US trades from $0.99 USD, other fees apply.
Settle from any bank account
Settlement account offered
Customer funds held in segregated trust accounts with HSBC.
CHESS ownership available
Share pack
Independent broker reports
International markets
Options
Warrants
IPOs
Live data
Market depth data
Real time charting
Other restrictions
Additional regulatory pass-through fees apply for US trades. Options are available for US markets only.
Mozo special offer for new users only: Get 4x zero brokerage trades (brokerage fees waived up to 2 USD per trade for US stocks, up to 3 AUD per trade for AUS stocks, and up to 3 USD per trade for US options) and zero FX fees for exchanging up to AUD 2,000 every month between AUD⇆USD with the first deposit of any amount. Other fees may apply. Plus AUD 60 cash vouchers with an accumulated net deposit of at least AUD 2,000 within 7 days of the first deposit. Trading conditions and withdrawal restrictions apply to the withdrawal of the AUD 60 cash – for full details, go to the Tiger Brokers website.
Mozo special offer for new users only: Get 4x zero brokerage trades (brokerage fees waived up to 2 USD per trade for US stocks, up to 3 AUD per trade for AUS stocks, and up to 3 USD per trade for US options) and zero FX fees for exchanging up to AUD 2,000 every month between AUD⇆USD with the first deposit of any amount. Other fees may apply. Plus AUD 60 cash vouchers with an accumulated net deposit of at least AUD 2,000 within 7 days of the first deposit. Trading conditions and withdrawal restrictions apply to the withdrawal of the AUD 60 cash – for full details, go to the Tiger Brokers website.
Monthly fee
$0.00
Monthly fee waiver
-
Special offers
New accounts get 4 zero brokerage trades (up to 2 USD for US stock trades, up to 3 AUD for AUS stock trades) and no FX fee on exchanges between USD and AUD up to AUD 2,000 every month. T&Cs apply – for full details, go to the Tiger Brokers website.
6000+ stocks and 20 exchanges, all on the eToro app. Invest in ETFs and stocks with just US$2 per trade. Join the world’s leading social trading platform, trusted by 35+ million users worldwide. Small trade brokerage conditions: $2 USD brokerage fee for stock trades, 0.5% FX fee applies.
6000+ stocks and 20 exchanges, all on the eToro app. Invest in ETFs and stocks with just US$2 per trade. Join the world’s leading social trading platform, trusted by 35+ million users worldwide. Small trade brokerage conditions: $2 USD brokerage fee for stock trades, 0.5% FX fee applies.
Monthly fee
$0.00
Monthly fee waiver
-
Special offers
-
Brokerage details
$2 USD brokerage fee for stock trades, 0.5% fee is applied to all funds paid into or taken out of the USD settlement account
Settle from any bank account
Settlement account offered
Customer funds are held in a Trust Account managed by JP Morgan Chase and Co
CHESS ownership available
Share pack
Independent broker reports
International markets
Options
Warrants
IPOs
Live data
Market depth data
Real time charting
Other restrictions
$5 USD withdrawal fee applies and a $10 monthly inactivity fee is charged after 12 months with no login activity.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
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This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We may also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Sometimes we may choose to advertise certain products more prominently, either by showing them as ‘Promoted’ at the top of a table or by selecting a set of specific products to feature on a page. Otherwise our comparison tables typically sort according to estimated repayments for loans and interest rates for deposits, and they show products that meet the criteria in the filters. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Disclaimer
Who we are and how we get paid
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.