iPhone Screenshots

Description

CommSec Pocket lets you invest anytime, anywhere, with as little as $50. Choose from seven themes to easily invest in something that appeals to you – like tech, sustainability leaders, or the biggest 200 companies on the Australian market.

AFFORDABLE START
Invest with as little as $50.

SIMPLE CHOICES
Take your pick from 7 investment options like tech, sustainability leaders, and more.

LOW COST
Pay just $2 for trades up to $1,000, and no ongoing account keeping fees, ever.

GROW YOUR INVESTING KNOWLEDGE
Gain real experience as a share investor and learn from handy tips and articles.

REGULARLY INVEST
Set automatic fortnightly or monthly investments and build your portfolio gradually.

INTEGRATED WITH NETBANK
View your CommSec Pocket portfolio via NetBank and the CommBank app.

QUICK AND EASY SETUP
Get started with your NetBank ID or CommSec ID in just a few taps.


Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945. This information is not advice and has been prepared without taking into account your objectives, financial situation or needs. You should consider its appropriateness for your circumstances. Investing carries risks. The value of your investment may go down as well as up. The minimum allowable size of your investment is subject to fluctuations in ETF unit prices. Brokerage is charged at $2 per trade, for trades up to $1,000 and 0.20% for trades above $1,000. Please consider the Financial Services Guide for fees and charges. To operate a CommSec Pocket account, you’ll need an eligible CommBank transaction account. Please consider the full terms and conditions which are available on request.

What’s New

Version 1.4.1

Various bug fixes and enhancements.

Ratings and Reviews

4.0 out of 5
206 Ratings

206 Ratings

Siiniste87 ,

Just my opinion

Great app works well no issues there, please fix Face ID for Apple I have to enter password in all the time STAKE and Spaceship use Face ID for fast log in. Other than that great platform for entry level investors. Maybe future give us breakdown of when dividends get paid so we know when to expect or option to reinvest or take dividends to bank account maybe an idea. If any changes made I’d go back to 5 stars any day for you.

Love the app so far.

Pruesta ,

Additional Monthly fees

To use this app you have to create a Commonwealth account which they charge an additional $4 per month account keeping fee. They don’t waive this for app users/investors or provide the ability to link to your own bank accounts. Just a gimmick to get people to open bank accounts rather than a worthwhile investment option. Not worth it unless they waive the fee.

Update: I managed to get it to work with the CommSec CDIA account which is advertised as being free, so have changed my review. (Hopefully not false advertising). The app looks quite nice & I found it quite easy to place my first trade. $2 per trade seems much more reasonable then $10+.

Developer Response ,

Hi Pruesta, thanks for taking the time to provide feedback.

You can use your existing CBA transaction account or set up a new one. Account keeping fees can be waived if you meet certain criteria. Many of these are fee free, you can find out more here:
https://www.commbank.com.au/banking/everyday-accounts.html

Happy investing!

Update: Updated to reflect that criteria must be met for fee waivers.

Kenith_6 ,

Brilliant initiative making investing simple

CommSec Pocket provides an easy, cheap way to start investing. The app is easy to use and makes the whole process simple. Aimed at getting people started which is often the hardest part.

I would have preferred to be able to set a limit price but to simplify the process I can see why this was excluded. Note that you will receive a new HIN number once set up. As an existing commsec user I would have preferred to combine with my existing.

Generally I think this app and idea is great. I’ll be recommending it to anyone who will listen

App Privacy

The developer, Commonwealth Bank of Australia, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer's privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Purchases
  • Financial Info
  • Contact Info

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Location
  • User Content
  • Browsing History
  • Identifiers
  • Usage Data
  • Diagnostics
  • Other Data

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Supports

  • Family Sharing

    Up to six family members will be able to use this app with Family Sharing enabled.

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