what is commsec pocket used for?

@patrinova_athenia - 7 months ago - Forex Brokers

was scrolling through the google playstore and i saw the commsec pocket mobile app and i'm a bit confused. What is commsec pocket and is it different from the commsec investing platform used in Australia?

@andy_colgate_nottinghill - 7 months ago

Commsec pocket is a product offered by commsec stockbrokers and it is tailored for beginner investors to help them invest small amounts as little as $50.

Commsec pocket also has a mobile app which you can download to your phone for easy access to your investment portfolio.

On Commsec pocket, investing is simplified by creating themed investment portfolios so you can easily select the one you want with the click of a button. You do not need to be an expert stock picker to use commsec pocket so this makes it suitable for beginners.

For example you can invest in ETFs of Australian companies by clicking on the "Aussie Top 200" icon, you can narrow down your investment to only Australian companies that pay dividends by clicking on the "Aussie Dividends" icon etc. This simplified investing approach is what differentiates commsec pocket from the regular commsec platform which you are used to.