Side-by-Side Comparison Independent Updated Jul 31, 2026
Westpac Share Trading vs Sharesies 2026: Which Broker is Better?
Compare Westpac Share Trading and Sharesies side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Westpac Share Trading
Sharesies
VS
| Westpac Share Trading | Sharesies | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 3.2/5 ✓ |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | ASIC | ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
Westpac Share TradingSharesies
Best for Low Fees
Westpac Share TradingSharesies
Best for Regulation
Westpac Share TradingSharesies
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, Westpac Share Trading offers lower spreads (0 pips).
See full side-by-side comparison belowWestpac Share Trading vs Sharesies: Key Differences
Feature
Westpac Share Trading
Sharesies
WinnerOur Rating
2.8 / 5
3.2 / 5
Min. Deposit
$0
$1
Spread From
0 pips
0 pips
Commission
$19.95/lot
$0.5/lot
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Indices
Founded
1817
2017
Headquarters
Sydney, Australia
Wellington, New Zealand
Score
1 / 3
2 / 3
Still deciding between Westpac Share Trading and Sharesies?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Matching for:Travelling or on a VPN? Change it.
Find my matchFees Comparison
Fee
Westpac Share Trading
Sharesies
Lower feesSpread From
0 pips
0 pips
Commission
$19.95/lot
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Westpac Share Trading scores 2.75/5 while Sharesies scores 3.18/5 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?
Westpac Share Trading
2.8/5
Choose Westpac Share Trading if you want…
- No minimum deposit
- More established (est. 1817)
Sharesies
3.2/5
Choose Sharesies if you want…
- Higher overall rating (3.2/5)
Also consider
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.
Both Westpac Share Trading & Sharesies are available in
Frequently Asked Questions
1Is Westpac Share Trading better than Sharesies?
Sharesies scores higher overall on our independent rating system. Westpac Share Trading holds a 2.8/5 rating vs Sharesies's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Westpac Share Trading or Sharesies?
Westpac Share Trading offers spreads from 0 pips, while Sharesies starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Westpac Share Trading vs Sharesies?
Westpac Share Trading requires a minimum deposit of $0. Sharesies requires $1.
4Which broker is safer, Westpac Share Trading or Sharesies?
Westpac Share Trading is regulated by ASIC, while Sharesies holds licences from ASIC.
5What trading platforms do Westpac Share Trading and Sharesies support?
Westpac Share Trading supports Proprietary Web, Proprietary Mobile. Sharesies supports Proprietary Web, Proprietary Mobile.
6Can I use both Westpac Share Trading and Sharesies?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Sharesies
Capital at risk · T&Cs apply