Brokerage, software fees & other charges.
ASX, Chi-X, NSX & SIM VSE markets
$28 or 0.14%
Bought Puts/Calls & Covered Calls only
BROKING FEES & CHARGES
|Service||Fee (including GST)||Minimum||Above Minimum|
|Online Trading - Australian Residents||Min. $13.95 or 0.07% per trade||$13.95 up to $20,000 transaction value||0.07% above $20,000|
|Online Trading - Overseas Residents||Min. $20.00 or 0.1% per trade||$20.00 up to $20,000 transaction value||0.10% above $20,000|
|One-Off Sales||Min. $200.00 or 1.5% per trade||$200.00 up to $15,000 transaction value||1.5% above $15,000|
BROKERAGE ON OPTIONS
|Service||Fee (excluding GST)||Minimum||Above Minimum|
|Online Trading||Min. $28.00 or 0.14% per trade,|
exercise or assignment
|$28.00 up to $20,000 transaction value||0.14% above $20,000 transaction value|
^ASX Clear charges a registration fee of $0.143 per equity option contract, including GST. If you exercise or are assigned on an equity option position, ASX Clear charges an exercise fee of $0.055 per contract, including GST. In the case of index options, ASX Clear charges a registration fee of $0.495 per contract and an exercise fee of $0.385 per contract (both inclusive of GST). The exact cost of your transaction will be disclosed on your confirmation.
Please refer to our Financial Services Guide for more information about our fees.
|International Account Opening||$200 per account||If you are based outside Australia and wish to establish a trading account with OpenMarkets|
|International Telegraphic Transfer||$100 per transaction||When you request that OpenMarkets pays funds into an international bank account in your name|
|Off Market Transfer||$27.50 per transfer||If you wish to transfer securities between other entities and your OpenMarkets CHESS account. These fees will not apply to any securities transferred when establishing your trading account.|
|SRN Query/lookup||$27.50 per search||If you wish to transfer an Issuer sponsored holding to your HIN but have not provided an accurate Securities Reference Number (SRN). In which case, OpenMarkets would need to look up the SRN on your behalf.|
|Settlement Fail - Buy||$110 per day or 0.1% (whichever is greater)||If you place a Buy order but withdraw funds out of your cash account before settlement date (T+2) that renders your account balance insufficient to cover the cost of the trade, a fee will be charged each day until sufficient funds are available.|
|Retail (Traders)||Professional (Advisers)|
|Pulse||$125 per month|
**FREE if you trade 45 times per quarter or to the value of $600 in brokerage. Otherwise fees will be debited from your linked cash account on a quarterly basis.
|$180 per month
|IRESS Trader||$160 per month|
**FREE if you trade to the value of $600 in brokerage per quater. Otherwise fees will be debited from your linked cash account on a quarterly basis.
|$242 per month|
|IRESS Professional||$1000-$1200 per month||$1000-$1200 per month|