Brokerage, software fees & other charges
No complex schedules, no hidden fees. Just simple low fees for everyone. Australian equities and options trading.
Stocks, ETFs & Warrants
$13.95 or 0.07%*
PER TRADE (including GST)
ASX, Chi-X & NSX
Exchange Traded Options
$28 or 0.28%^
PER TRADE (including GST)
Bought Puts/Calls & Covered Calls only
*Wholesale rates available for active traders and financial intermediaries. Please contact sales@openmarkets.com.au or call 03 8199 7702 to discuss.
^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.
Trading Platforms & Software Fees
Fees and charges for the licensing of third party trading software.
WebTrader
Pulse
IRESS Trader
IRESS ViewPoint
IRESS Professional
Retail fees (inc GST)
FREE
$132
Per month
$215
Per month
$215
Per month
$1080
Per month
Professional/ Intermediaries fees (inc GST)
N/A
$305
Per month
$300
Per month
N/A
$1165
Per month
Other Fees
| FEE TYPE | FEE (including GST) | DESCRIPTION |
|---|---|---|
| One-Off Issuer Sales | $200 or 1.5% per trade | Brokerage charged per transaction on sell-only accounts of Issuer Sponsored holdings. |
| 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. |
| Macquarie loan fee (stock borrow facility) | $250 per stock | For settlement purposes to facilitate ASX obligations in relation to holding positions overnight. |
| Off Market Transfer | $27.50 per transfer | If you wish to transfer securities between other entities and your OpenMarkets CHESS account. |
