nabtrade at a glance
nabtrade is the online broking service of National Australia Bank, operated by WealthHub Securities Limited, offering Australian and international shares, ETFs, fixed income, options and managed investments.
nabtrade reports a founding year of 5 April 2011 and a head office in Melbourne, Australia. It lists 1 regulator and 3 trading platforms.
BrokerBazaar verdict
Bank-owned Australian broker with a broad listed-investment range.
Legal entities, regulation and licences
nabtrade operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
nabtrade states that it accepts clients from Australia. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Australian Shares, International Shares, ETFs, Bonds, Warrants, Listed Options, Managed Funds. Platforms: nabtrade Web Platform, nabtrade Mobile App, IRESS ViewPoint. Account types: Individual, Joint, Company, Trust, Self-Managed Super Fund (SMSF).
Best-for tags assigned by our team: Australian Shares, International Shares, ETFs, Long-Term Investing, Active Trading, Fixed Income, Global Markets, SMSF Investing, Bank-Backed Platform.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is A$500 minimum first ASX trade. Spreads start from N/A — exchange-traded secu… and commission is Not supplied. Maximum leverage is Not supplied, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Electronic Funds Transfer (EFT), Transfers from linked eligible NAB accounts, Pay Anyone. Withdrawal methods: Electronic Funds Transfer (EFT), Transfers to linked eligible NAB accounts.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
None of the recorded entities holds an active licence to keep client accounts, so no regulator's client-money rules can be assumed.
Introducing entity: WealthHub Securities Limited (ABN 83 089 718 249) (ASIC). It is licensed to introduce, promote or advise, and opens accounts with the group entity above. Client money is held by that entity under its regulator's rules, not under the introducer's licence.
Complaints and dispute process
nabtrade has not published a complaints procedure to BrokerBazaar. Regulated entities must operate one; ask support for the formal complaints address.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: ASIC-licensed (AFSL 230704)
- Strength: Wholly owned by National Australia Bank
- Strength: Wide range including fixed income and hybrids
- Limitation: Brokerage schedule not supplied to BrokerBazaar
- Limitation: Licence status not yet independently checked against the ASIC register by BrokerBazaar
Who this broker suits, and who it does not
nabtrade is most relevant to traders looking for: Australian Shares, International Shares, ETFs, Long-Term Investing, Active Trading, Fixed Income, Global Markets, SMSF Investing, Bank-Backed Platform.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
nabtrade change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for nabtrade yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about nabtrade
Data sources. Broker submission, the regulator registers linked above, nabtrade terms of use; ABN history, web-archive and domain records, and third-party traffic data. Last register check 2026-09-28. External ratings: Google Play 4.5/5; Apple App Store 4.6/5; Trustpilot 1.6/5; WikiFX 1.53/10; ProductReview.com.au 1.5/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with nabtrade through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.