Does CommSec allow copy trading?

Not automatically through TrueFills today. CommSec supports a read-only connection, which means a record held at CommSec can be read and verified, but no order can be placed in the account. You can still follow a strategy and place its trades yourself, and you can publish a verified record of your own CommSec trading.

Does TrueFills see my CommSec password?

No. The sign-in happens on CommSec’s own page, and TrueFills receives a connection rather than your credentials. You can revoke it at CommSec or here, independently.

Where does my money sit?

In your own CommSec account, throughout. TrueFills never takes custody of funds and cannot move money out of a brokerage account. A trading connection can place orders; it cannot withdraw.

Following a strategy is free during beta once a brokerage account is connected, or $29 a month without one. Listing a strategy and keeping its record is free.

Copy trading on CommSec

With your CommSec account, TrueFills can

Verify your record.

Trades are read from the CommSec account itself and sealed daily into a public chain, so your CommSec trading becomes a track record anyone can check rather than a screenshot anyone can make. It is free, it is what a prop firm asks for, and your money never moves: the connection reads the account and nothing else.

A strategy cannot place orders in your CommSec account yet. CommSec supports a read-only connection, which is the brokerage's side of the integration rather than a setting here.

Connect CommSec Compare every brokerage

What the connection can do

reported by CommSec, not by us

Verify a record held hereYes

Trades are read from the CommSec account itself and sealed daily into a public chain, so a track record built there is checkable by anyone rather than taken on your word.

How current the record isLive

The connection reports the account as it changes, so a day's trades are sealed the day they happen.

What it holdsStocks and ETFs

Equities and funds, which is what the strategies here trade.

Connection statusGenerally available

A fully released integration, not a preview.

Place a strategy's tradesNot yet

CommSec currently supports a read-only connection. TrueFills can see the account and its trades, and cannot place an order in it. This is the brokerage's side of the integration, not a setting you can turn on.

Fractional sharesNot published

CommSec has not published whether it accepts fractional orders, so TrueFills treats it as whole shares only. Whole shares work everywhere; fractional does not.

What you can do today

A read-only connection is worth having on its own, and it is the whole of what CommSec allows today.

Publish a verified record

Connect CommSec read-only and your own trading becomes a broker-sourced record, sealed daily. Free, and it is what a prop firm asks for.

Follow and place by hand

Subscribe to a strategy and take its trades yourself. The record stays checkable either way.

Automate somewhere else

If you want a strategy to trade for you, it has to be an account at a brokerage that supports a trading connection.

Whichever you do, the record behind it is read from the brokerage account that placed the trades, sealed daily into a hash chain published in full, and recomputable in your own browser. Recompute a chain or read how a record is verified.

Questions about CommSec

Does CommSec allow copy trading?: Not automatically through TrueFills today. CommSec supports a read-only connection, which means a record held at CommSec can be read and verified, but no order can be placed in the account. You can still follow a strategy and place its trades yourself, and you can publish a verified record of your own CommSec trading.
Does TrueFills see my CommSec password?: No. The sign-in happens on CommSec’s own page, and TrueFills receives a connection rather than your credentials. You can revoke it at CommSec or here, independently.
Where does my money sit?: In your own CommSec account, throughout. TrueFills never takes custody of funds and cannot move money out of a brokerage account. A trading connection can place orders; it cannot withdraw.
What does it cost?: Following a strategy is free during beta once a brokerage account is connected, or $29 a month without one. Listing a strategy and keeping its record is free.

All supported brokerages Copy trading on Alpaca Paper Copy trading on AJ Bell CommSec’s own site

TrueFills is not affiliated with CommSec. Capabilities are reported by the brokerage connection and can change. Trading involves risk of loss, and past performance, live or simulated, does not guarantee future results.