Birchal vs OnMarket: fees, minimums and deal flow compared
Birchal and OnMarket are both equity crowdfunding platforms based in Australia and listed under CSF. The minimum investment is set per raise, typically A$50–1,000 on Birchal and set per raise, usually A$250–500 on OnMarket. Right now Birchal has 2 live raises on Raise Sonar and OnMarket has 0. We tracked 2 raises closing on Birchal and 3 on OnMarket in the last 12 months.
Side by side
| Birchal | OnMarket | |
|---|---|---|
| Regulation |
CSF A crowd-sourced funding intermediary under Australia’s Corporations Act 2001. Source (opens in a new tab) Checked |
CSF On-Market BookBuilds Pty Ltd holds Australian Financial Services Licence 421 535 and says it is supervised and regulated by ASIC. Source (opens in a new tab) Checked |
| Countries |
Based in Australia Live raises from Australia Source (opens in a new tab) Checked |
Based in Australia Source (opens in a new tab) Checked |
| Minimum |
Set per raise, typically A$50–1,000 Source (opens in a new tab) Checked |
Set per raise, usually A$250–500 Source (opens in a new tab) Checked |
| Fees |
The investor fees of Birchal and OnMarket, as each publishes them, are shown with a free account. Create a free account or log in to see them. |
|
| Live raises now |
2 and 5 upcoming |
0 and 5 upcoming |
| Raises in the last 12 months |
4 2 live, 2 closed |
3 0 live, 3 closed |
| Median raise |
Too few to say Shown from 5 closed raises stating it |
Too few to say Shown from 5 closed raises stating it |
| % hitting target |
Too few to say Shown from 5 closed raises stating it |
Too few to say Shown from 5 closed raises stating it |
| Open to foreign investors |
Open from abroad. Subject to your local law. Source (opens in a new tab) Checked |
Open from abroad. Not every offer. Source (opens in a new tab) Checked |
Raise Sonar began reading Birchal on 11 October 2026 and OnMarket on 19 October 2026, so the 12-month figures count only the raises tracked since, not a full history.
Targets and amounts are as the platform or the filing last stated them, so a nominal target counts as stated. Withdrawn raises, and raises that left a listing with no close date, are not counted.
Which suits whom
- If a small first ticket matters, compare them raise by raise: Birchal’s minimum is set per raise, typically A$50–1,000, OnMarket’s is set per raise, usually A$250–500.
- If you invest outside Australia, the two put it differently. Birchal: Subject to your local law. OnMarket: Not every offer.
- If you want a raise open right now, only Birchal has any: 2 live on Raise Sonar, and none on OnMarket.
These restate the table. They are not a recommendation, and Raise Sonar does not give investment advice.
See each platform
Questions about Birchal and OnMarket
What is the minimum investment on Birchal and OnMarket?
The minimum investment on Birchal is set per raise, typically A$50–1,000. The minimum investment on OnMarket is set per raise, usually A$250–500.
What fees do Birchal and OnMarket charge investors?
The investor fees of Birchal and OnMarket, as each publishes them, are shown with a free account.
How many raises are live on Birchal and OnMarket?
Birchal has 2 live raises on Raise Sonar right now, and 5 upcoming. OnMarket has 0 live raises on Raise Sonar right now, and 5 upcoming.
Can non-residents invest on Birchal and OnMarket?
Birchal: Yes. Birchal accepts investors from outside Australia: subject to your local law. OnMarket: Yes. OnMarket accepts investors from outside Australia: not every offer.
How are Birchal and OnMarket regulated?
Birchal: A crowd-sourced funding intermediary under Australia’s Corporations Act 2001. OnMarket: On-Market BookBuilds Pty Ltd holds Australian Financial Services Licence 421 535 and says it is supervised and regulated by ASIC.
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