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Side-by-Side Comparison Independent Updated Oct 27, 2026

Sharesies vs Westpac Share Trading 2026: Which Broker is Better?

Compare Sharesies and Westpac Share Trading side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Sharesies

Westpac Share Trading

Higher ratedSharesies logo

Sharesies

3.2/ 5
Visit Sharesies →Full review
VS
SharesiesWestpac Share Trading
BrokerRank Score3.2/5 ✓2.8/5
Min. Deposit$1$0 ✓
Spread from0 pips0 pips
Max Leverage1:11:1
RegulationASICASIC
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Westpac Share TradingSharesies
Best for Low Fees
SharesiesWestpac Share Trading
Best for Regulation
SharesiesWestpac Share Trading
Best Overall
SharesiesWestpac Share Trading
Quick Answer

Sharesies is the better choice overall, scoring 3.2/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Sharesies offers lower spreads (0 pips).

See full side-by-side comparison below

Sharesies vs Westpac Share Trading: Key Differences

Feature

Sharesies

Winner

Westpac Share Trading

Our Rating
3.2 / 5
2.8 / 5
Min. Deposit
$1
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.5/lot
$19.95/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Stocks, Etf
Founded
2017
1817
Headquarters
Wellington, New Zealand
Sydney, Australia
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Sharesies

Lower fees

Westpac Share Trading

Spread From
0 pips
0 pips
Commission
$0.5/lot
$19.95/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Sharesies scores 3.18/5 while Westpac Share Trading scores 2.75/5 in our independent rating.

Sharesies edges ahead overall, but Westpac Share Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Sharesies

Sharesies

3.2/5

Top pick

Choose Sharesies if you want…

  • Higher overall rating (3.2/5)
Westpac Share Trading

Westpac Share Trading

2.8/5

Choose Westpac Share Trading if you want…

  • No minimum deposit
  • More established (est. 1817)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Sharesies & Westpac Share Trading are available in

Frequently Asked Questions

1

Is Sharesies better than Westpac Share Trading?

Sharesies scores higher overall on our independent rating system. Sharesies holds a 3.2/5 rating vs Westpac Share Trading's 2.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Sharesies or Westpac Share Trading?

Sharesies offers spreads from 0 pips, while Westpac Share Trading starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Sharesies vs Westpac Share Trading?

Sharesies requires a minimum deposit of $1. Westpac Share Trading requires $0.

4

Which broker is safer, Sharesies or Westpac Share Trading?

Sharesies is regulated by ASIC, while Westpac Share Trading holds licences from ASIC.

5

What trading platforms do Sharesies and Westpac Share Trading support?

Sharesies supports Proprietary Web, Proprietary Mobile. Westpac Share Trading supports Proprietary Web, Proprietary Mobile.

6

Can I use both Sharesies and Westpac Share Trading?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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BrokerRank Research

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