Rates & fees
Exceptional value, with no hidden catches
Some brokers have complicated rates that can leave you paying more than you expect, depending on how often you trade or how much you invest. But at InvestSMART, we give you exceptional value every time you trade, with easy to understand pricing and online trades from just $19.95.
Shares and warrants
|
Trade value |
Brokerage |
| Internet trades |
Up to $20,000 |
$19.95 |
| Over $20,000 |
0.11% |
| Phone trades |
Up to $20,000 |
$59.95 |
| $20,001 to $37,500 |
$82.50 |
| Over $37,500 |
0.22% |
| One-off share trades |
Up to $30,000 |
$55 |
| Over $30,000 |
0.22% |
Cash rates
| Account balance |
Interest rate |
| $0 to $9,999 |
0.05% |
| $10,000 to $19,999 |
0.05% |
| $20,000 to $49,999 |
0.10% |
| $50,000 to $199,999 |
1.85% |
| $200,000 to $499,999 |
2.45% |
| $500,000 and above |
2.70% |
| Current on 9 May 2013. Read the Product Disclosure Statement for current rates. |
Other services
| Email alerts |
11 cents |
| SMS alerts |
22 cents |
| Broker call |
33 cents |
| Dynamic data |
$41.25 per month or free when you spend more than $235 a month in brokerage |
| Telegraphic transfer to overseas bank account |
$35 |
| Bank cheque |
$20 |
| Dishonoured cheque |
$30 |
| Cheque stop payment |
$20 |
| Any other form of bank statement |
$11 |
| Customer trace fee |
$25 |
| Real Time Gross Settlement (RTGS) payments (domestic) |
$35 |
| Foreign currency bank draft |
$35 |
| Failure to settle a trade (options and shares) |
$55 plus ASX fee per failed day* |
| Off market transfers |
$55 per stock |
| Late settlement fee |
$55 + 0.1% of value of trade fee per failed day |
| Deceased estate share transfers |
$55 per stock |
| Change of trustee off market |
$110 for portfolio |
| Shareholder Reference Number (SRN) request to share registry |
$16.50 |
| Postage of confirmation contract note |
$2.42 per note |
* 0.11% up to $5,000, or $110. Current on 16 May 2011. Please refer to the CMC Markets Stockbroking Financial Services Guide for current fees.
How we compare
Here’s how we compare with some other popular online brokers.
| Trade value |
CommSec online |
E*Trade online |
InvestSMART online |
| $10,000 |
- Internet preferred: $19.95
- Standard online trade: $29.95
|
- First trade for the month: $24.95
- Second and later trades: $19.95
|
$19.95 |
| $20,000 |
- Internet preferred: $29.95
- Standard online trade: $62
|
- First trade for the month: $29.95
- Second and later trades: $19.95
|
$19.95 |
Current on 1 September 2012.
Next steps
