BrokAIr Reviews

CommSec Review

"CommSec is proving to be an increasingly popular online brokerage, but its fees and commissions are drawing some criticism from users." Is CommSec's pricing too high for the average investor?

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Overview of CommSec

CommSec is an online brokerage service founded in 1995. It is a well-known and highly esteemed Australian brand that offers a range of trading and investing services, such as stocks, options, exchange-traded funds, and managed funds. CommSec is part of the Commonwealth Bank of Australia (CBA) Group, Australia's largest financial institution. CommSec is one of the most popular and reliable online brokerages in Australia.

Pros and Cons of CommSec

Founders of CommSec

CommSec was founded in 1995 by John Macdonald and Bruce Grieve, two former stockbrokers. Since then, the company has grown to become one of the leading online brokerages in Australia.

Public Opinion of CommSec

CommSec has generally been well-received by the public. According to a review from Canstar, CommSec offers competitive fees and commissions, a wide range of investment products, comprehensive trading tools, and a highly experienced customer service team. Many customers have also praised the secure trading environment that CommSec provides.

Newsworthy Events Around CommSec

In 2019, CommSec launched its new trading platform., which was designed to make investing easier and more accessible for Australians. The platform was built on the latest technology and features a sleek design with intuitive navigation. In addition, the platform includes features such as real-time data analysis, personalized portfolio analysis, and automated portfolio rebalancing.

In 2018, CommSec launched its first mobile app in Australia., which allowed customers to access their accounts on the go. The app was designed to provide customers with secure access to their accounts and up-to-date market information.