I'm changing share brokers - CommSec vs CMC

Time stamps:
0:00 - Intro
0:21 - Why and what I considered
1:45 - My investing numbers
2:42 - CommSec vs CMC
3:59 - vs Selfwealth Stake Pearler
5:07 - Things to consider

Links to the share brokers:

Join me on other social channels:

Great books for sorting out your money:

My setup (Australian Amazon Affiliate links):

Useful links:

Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you. There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.

[IbrahimIsabella-]

Bullish or bearish, AI stocks will still dominate 2025, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[TrainMePlease]

I am with CMC and I used to pay 11$ every few months to buy ETFs. I have now been paying 0$ for quite a while. I simply buy the positions over a few days instead of in one single day.

[lucyorange]

Great to see an Aussie tailored channel. Thanks Sanjee.

[swankykoala]

Extra notes on CMC Markets, it is $0 brokerage up to $1, 000 per stock per trading day (e.g. buying $500 VAS and $500 VGS on the same day is $0 brokerage). Brokerage when you sell is $11 or 0.10%.

Pearler is currently the only broker to have an autoinvesting feature, so the $5.50/$6.50 brokerage can be worth it for people who find value in that feature.

[_Murky_]

Thanks for the update Sanjee, with Pearler I bought their credits when they were promoting them at a 33% discount which I use to pay for purchasing fees. After they dropped their fees to $6.50 Pearler then locked in my remaining credits to a lower investment fee of $4.33. Which should last me 34 months in monthly automatic reinvesting.

[shashikaru]

Brilliant. So clear and concise. Thanks Sanjee!

[chngg]

has anyone switched from Vanguard personal investor to cmc? did you have to pay to have your shares transferred and any CGT?

[woodsman]

How do you actually move your portfolio from CommSec to CMC?

[Thrillhouse]

Jumped from CommSec to Stake. I buy $600-$1200 parcels don’t wanna get smashed. Free brokerage for a year is nice

[xfire]

Surprised you didn't mention the biggest pro of Commsec which is T+2 settlement.
CMC is great though, the 0$ trades are a new promotion but $11 trades has been around for a long time. I switched to them because they've been in Aus since 2007 unlike some of these newer companies.

[chiropracticstudent]

how come you don't use stake. Or did you explain that it another video that I didn't watch

[VV-lrxe]

Hi Just like chess sponsered asx shares you bought can we buy US stocks to your name in australia? rather keeping it as a custodial accounts that has no our name for share holdings . ? thanks

[railasnail]

Are you still with cmc? Do you know if there still safe to use to invest in us stocks and bitcoin?

[jb]

Hey 😊 what is better for me from Germany, DPS or CVDs ?
The question is : ist this two different Products or Liquidity Pools ? There is different Fees or Cost ?
Thanks

[THICCTHICCTHICC]

Commsec Pocket bro.
$2 fees. Downside is they only have 7 ETFs which sucks.
Bonus though is everything is still all in my Commbank account.

[mrlijine]

Only issue I find with CMC is that, the money takes 1-2 day to arrive that for which is very slow, if you want to buy it quick.

[lengerer]

Can you look at HVST and YMAX etfs? Maybe compare to VHY
Also, little mention of SYI

[tee]

I've been trading with Commsec since 2002. Due to brokerage costs I too am now exploring the other options.

[Hoges]

Does CMC Markets have live pricing data during trading hours??

[phillipbyrnes]

Iam with comsec I do 26 trades per year at just under $1000 per trade=$260 brokerage a year, that amount comes off the tax when I sell eventually.very reasonable I think.