Best CHESS Sponsored Brokers in Australia
CHESS sponsored brokers register shares directly in your name via a Holder Identification Number (HIN). Below we explain how CHESS sponsorship works and what to compare.
Risk Warning
Trading financial products involves risk. CFDs, forex and crypto-related products can be highly volatile and may not be suitable for all investors. TradeRadarNews Australia provides general educational information only and does not consider your objectives, financial situation or needs. Consider seeking independent advice before investing.
CHESS sponsored brokers used by Australians
| Platform | Best for | Markets | AUD deposits | ASX access | CHESS / Custodial | Crypto / Forex / CFD | Key fees to check | Safety notes | Review |
|---|---|---|---|---|---|---|---|---|---|
| CMC Markets Invest | ASX & global shares | ASX, US, Australia, EU shares & ETFs | Yes | Yes | CHESS sponsored | Shares, ETFs; CFDs via separate entity | Brokerage, FX conversion | AFSL holder — verify on ASIC Connect | Verify with provider |
| Selfwealth | Flat-fee ASX trading | ASX, US shares | Yes | Yes | CHESS sponsored | Shares & ETFs only | Flat brokerage, FX conversion (US) | AFSL holder — verify on ASIC Connect | Verify with provider |
| Stake | US share access | US shares, ASX shares | Yes | Yes (ASX product) | CHESS sponsored (ASX product) | Shares & ETFs | Brokerage, FX, subscription tiers | AFSL holder — verify on ASIC Connect | Verify with provider |
Information may change. Always verify provider details directly. General information only — not personal financial advice.
How to compare CHESS sponsored brokers
- Verify the company name and ABN on ASIC Connect.
- Check whether the platform holds an Australian Financial Services Licence (AFSL) or is appropriately authorised.
- Review the product disclosure statement (PDS) and target market determination (TMD).
- Compare AUD brokerage, FX conversion, deposit and withdrawal fees.
- Understand whether shares are held under CHESS sponsorship or in a custodial model.
- Read independent reviews and search for recurring withdrawal complaints.
- Check whether risk warnings are clearly displayed and that no returns are promised.
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Our editorial team researches trading platforms, market education topics and scam warning signs for Australian readers. Our content is general information only and does not consider your personal objectives, financial situation or needs.
General information only. Trading involves risk and may not be suitable for all Australians.
