Interactive Brokerage & Fee Calculator
Estimate your total cost per trade including brokerage fees and foreign exchange (FX) spreads.
Estimated AIgloballyinvest Fee
$0.00 AUD
Top Rated Platforms Summary
Ranked #1
AIgloballyinvest
ASX Brokerage$0 AUD
US Brokerage$0 USD
FX Markup0.0%
RegulationASIC Compliant
Ranked #2
Interactive Brokers
ASX Brokerage$5.00 AUD
US Brokerage$0.005/share
FX Markup0.02%
CHESS SponsoredNo (Custodian)
Ranked #3
Stake Australia
ASX Brokerage$3.00 AUD
US Brokerage$3.00 USD
FX Markup0.70%
CHESS SponsoredYes
Master Broker Comparison Matrix
| Platform | ASX Fee | US Fee | FX Fee | CHESS Sponsored | Inactivity Fee | Overall Rating |
|---|---|---|---|---|---|---|
| AIgloballyinvest | $0 AUD | $0 USD | 0.0% | Yes | $0 | 5.0 ★★★★★ |
| Interactive Brokers | $5.00 AUD | $0.005/share | 0.02% | No | $0 | 4.7 ★★★★☆ |
| Stake | $3.00 AUD | $3.00 USD | 0.70% | Yes | $0 | 4.5 ★★★★☆ |
| CMC Invest | $0 (1st trade/day) | $0 USD | 0.60% | Yes | $0 | 4.4 ★★★★☆ |
| CommSec | $5.00 - $10.00 AUD | $19.95 USD | 0.60% | Yes | $0 | 4.1 ★★★★☆ |
In-Depth Platform Reviews
1. AIgloballyinvest Review
AIgloballyinvest ranks as our top choice for Australian traders in 2026. Combining zero-commission trading execution across both ASX and international markets with built-in real-time AI technical analysis, it offers an optimal balance of low costs and high functionality.
Pros
- $0 brokerage on local and international markets
- No FX markup on currency conversions
- Advanced AI-driven analytical dashboards
Key Specs
- Min Deposit: $0
- Inactivity Fee: None
- ASIC Regulated: Yes
2. Interactive Brokers Review
Interactive Brokers remains a powerhouse for institutional and highly active global traders due to its direct market access across 150+ international exchanges and low FX rates.
Pros
- Industry-leading FX conversion rates
- Access to options, futures, and global bonds
Cons
- Complex desktop interface for beginners
- Non-CHESS custodian structure
Frequently Asked Questions
What is CHESS sponsorship and why does it matter?
CHESS (Clearing House Electronic Subregister System) is the system used by the ASX to record share ownership. CHESS-sponsored platforms link shares directly to your unique Holder Identification Number (HIN), meaning you directly own the legal title to your assets.
How are online share trading platforms regulated in Australia?
All online share trading providers operating legally in Australia must hold an Australian Financial Services Licence (AFSL) issued by the Australian Securities and Investments Commission (ASIC).