How much do you need?

Most brokers would require the first trade to be at least $500 which would be referred to as the ‘minimum marketable parcel of shares’. The size of increments or additional purchases afterwards would be at the individual broker’s discretion.

The ASX suggests you should “start your share investing with at least $2,000” as a general guide. Understanding the costs involved should help you decide how much you want to invest.

CommSec Pocket allows you to invest with as little as $50 in 10 themed ETFs, including the biggest 200 companies. For a broader range, CommSec Aussie Shares offers access to over 2,000 Australian shares and ETFs, requiring $500 for the first trade and $100 in the same investment after…