Kickstart their financial future
Set your kids up for a more secure financial future - open an individual Minor Trust Account for each child or open one Minor Trust Account and list each child as a separate beneficiary.
Invest for your kids
Give your little ones a head-start - invest on behalf of your kids or grandkids with a CommSec Minor Trust Account.
Kickstart their financial future
Foster their investing knowledge
Involve your child in their investment journey - help foster early financial literacy and habits to help them build a positive relationship with money in the future.
Market-leading research
Free access to the latest market news, expert insights and research from Morningstar.
Here’s how it works
A Minor Trust is an informal trust, which allows investments to be held ‘on behalf of’ or ‘in trust’ for someone else, known as the beneficiary, until they turn 18. Minor Trust Accounts work in the same way as a regular CommSec Share Trading Account.
- Easy to access and manage - keep track of your investments using the CommSec website and app.
- Access industry-leading features - enjoy all the same features as a regular CommSec Share Trading Account, including free live data and quotes and market-leading research and brokerage fees from just $5.
- Flexibility over how you manage your investments - once your child turns 18, you can choose to transfer the shares in the trust to their own Share Trading Account using an Off Market Transfer (OMT) (fees may apply).
- Be aware of tax implications - there may be tax implications associated with opening a Minor Trust Account. Please seek professional tax advice before making a decision.
Super-size your little one’s financial future
Investing for your kids is a great way to set them up for success. And it’s easier than you might think. Here’s how.
Start them young – interactive fun for budding investors
Teach your kids about investing with this fun and colourful worksheet.
Set your loved ones up for success
Discover how you could help set up your family for long-term success.
Invest anytime, anywhere
Everything you need, all in the palm of your hand - monitor the markets, keep an eye on your portfolio and invest in Aussie and international stocks.
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Our rates and fees
Opening a CommSec account is free and there are no ongoing account-keeping fees.
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Trade amount |
Cost1 |
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Up to $1,000 (inclusive) |
$5 |
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Over $1,000 up to $3,000 (inclusive) |
$10 |
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Over $3,000 up to $10,000 (inclusive) |
$19.95 |
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Over $10,000 up to $25,000 (inclusive) |
$29.95 |
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Over $25,000 |
0.12% |
Signing up is easy
Here’s what you need to get started.
✔ Your personal details
You’ll need your full name, residential and postal address to verify your identity.
✔ Your contact details
You’ll need your mobile number and email address to receive notifications and application updates.
✔ Your tax residency details
You’ll need to supply your tax residency to complete your account application.
Joining CommSec is free - sign up for instant access to our full range of trading tools, news and stock data.
If you’re not already a CommSec customer, you can get $0 brokerage on your first 10 Aussie trades up to $1,000.
Your questions, answered
Find the answers to your questions about investing with CommSec.
A Minor Trust Account must be opened by an adult, who can be a parent, guardian, grandparent or other family member over 18 years of age. A child cannot create an account on their own, nor can they access or trade through the account themselves.
- Start a Minor Trust Account application
- When asked how you want to trade, select ‘With my own money’
- You will be asked to select the account type you wish to open. Select Trust or Minor, then, when asked if you’d like to open a Minor Trust Account, select Yes.
- Once your application has been successfully processed, you’ll receive an email with your account details and Client ID. This account will be CHESS-sponsored with its own HIN. If there are any issues with your application, we’ll contact you.
The ‘legal ownership’ of the shares held in the Minor Trust Account remains with the trustee (e.g., parent) until they choose to transfer them to the child’s own individual account after they turn 18.
Minor Trust Accounts may have tax implications for the trustee. You may wish to consult a tax professional for advice before proceeding.
Once your buy order is partially or fully executed with CommSec, settlement will take place two (2) business days after its execution (T+2).
To pay for your shares:
We will automatically direct debit from your Commonwealth Direct Investment Account (CDIA) on T+2.
To view the details of your CDIA account, select Portfolio > Accounts after you have logged into your CommSec account.
When you have bought and sold shares on the same day and the next trading day, your payment may be partially or wholly offset. For more information refer to the New Client Guide.
CommSec does not offer recurring or “auto investments” for Minor Trust Accounts. These types of investments can be made through our CommSec Pocket offering; however, it is not currently available for Minor Trust Accounts. The minimum amount needed for the initial purchase of any particular shareholding is $500.
Help when it matters
Find the support you need, when you need it.
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Send us your question Fill in our online form and hear from one of our experts within two business days |
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Call us 13 15 19 for calls within Australia |
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Reach out to us on X Tag @CommSec in your question on X |
1 Cost is based on trades placed online via the CommSec website, mobile app or other CommSec platforms. Cost is based on trades that settle in a CDIA. Trades linked to a settlement account from another financial institution and trades placed over the phone incur additional fees. See our rates and fees for more information.
The Commonwealth Direct Investment Account is issued by Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. This product is administered by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec), a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia.
You can view the Trading Terms and Conditions, Best Execution Statement and Financial Services Guide, and should consider them before making any decision about these products and services.
CommSec accepts no responsibility for any connectivity delays, errors or disruptions caused by your phone service provider that may affect the performance of the CommSec mobile applications. CommSec accepts no responsibility for any fees that your phone service provider charges, such as fees for SMS, data services, or any other fees that your phone service provider may charge. Mobile App Terms of Service apply.
"$0 brokerage on your first 10 trades" offer only available to new CommSec customers opening a new individual Australian Share Trading Account & Commonwealth Direct Investment Account (CDIA) between 1st February 2025 and 30th April 2025 via the ‘Join now’ link at www.commsec.com.au/offer or through the CommBank App. Offer applies if you trade online, are CHESS-sponsored by CommSec and settle your trade through your CDIA. This offer does not apply to CommSec Pocket trades, International Share trades, Exchange Traded Options or Margin Lending. Offer not valid in conjunction with any other offer and not open to existing CommSec customers. As part of the offer, you will receive $0 brokerage on your first 10 Australian share trades, up to a maximum trade value of $50,000 each for orders placed on or before 31st July 2025. Standard CommSec brokerage charges apply for orders placed or amended after 31st July 2025. Trades above $50,000 will incur brokerage charges. For CommSec standard brokerage charges, see the CommSec Financial Service Guide. No brokerage fee will be shown on the CommSec Confirmation Contract Note issued in respect of applicable trades under this offer. This offer is not redeemable for cash and is not transferable. CommSec Share Trading Terms and Conditions apply unless otherwise specified here. Applicants must be 18 years or over. We reserve the right to terminate this offer or amend these terms and conditions at any time without notice. For any queries on this offer, please contact us on 13 15 19.