No, you generally cannot open a CommSec account if you live overseas.
Why CommSec Accounts Require Australian Residency
CommSec operates under an Australian Financial Services Licence (AFSL) and adheres to the regulations set forth by the Corporations Act 2001 (Cth). These regulatory frameworks specifically limit CommSec to providing financial products and services only to customers who reside within Australia.
This restriction is a fundamental aspect of their operating license and the legal obligations they must meet. Therefore, if you are not residing in Australia, you will not be eligible to open a CommSec account.
