Brokerage, software fees & other charges
Stocks, ETPs & 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
Brokerage
Australian Shares, ETPs and Warrants
| Trade Execution | Brokerage Fee (including GST) | Minimum | Above Minimum |
|---|---|---|---|
| Online Trading (Australian Residents) | Min. $13.95 or 0.07% per trade | $13.95 up to $19,930 transaction value | 0.07% above $19,930 |
| Online Trading (Overseas Residents) | Min. $20.00 or 0.10% per trade | $20.00 up to $20,000 transaction value | 0.10% above $20,000 |
| One-Off Sales (Issuer Holdings) | Min. $200.00 or 1.5% per trade | $200.00 up to $15,000 transaction value | 1.5% above $15,000 |
*Wholesale rates available for active traders and financial intermediaries. Please contact sales@openmarkets.com.au or call 03 8199 7702 to discuss.
Exchange Traded Options
| Trade Execution | Brokerage Fee (including GST) | Minimum | Above Minimum |
|---|---|---|---|
| Online Trading - Exchange Traded Options | Min. $28.00 or 0.28% per trade, exercise or assignment | $28.00 up to $20,000 transaction value | 0.28% 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.
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
$185*
Per month
$185*
Per month
$985*
Per month
Professional/ Intermediaries fees (inc GST)
N/A
$305
Per month
$185*
Per month
N/A
$985*
Per month
*Base fee. For additional add-on features please see below.
Add-on features
| Additional features available on IRESS platforms: | License fees (including GST) |
|---|---|
| AAP Newswire | $55 per month |
| ASX CommNews | $38.50 per month |
| ASX 24 (Futures) Depth | $96.80 per month |
| Dow Jones Newswire | $55 per month |
| Dow Jones International Newswire | $82.50 per month |
| International Markets Live | $82.50 per month |
| Mobile App Access | $55 per month |
| OTW Order Pad (fast order pad) | $275 per month |
Other Fees
| FEE TYPE | FEE (including GST) | DESCRIPTION |
|---|---|---|
| Account opening fee for foreign residents | $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. |
| IPO settlement handling fee | $33 per transaction | Fee charged for handling the settlement of an IPO on your behalf, upon request. |
| Stock loan fee | $250 per stock | For settlement purposes to facilitate ASX obligations in relation to holding positions overnight. |
| Settlement Fail - Buy or Sell | $110 or 0.1% per day (which ever is greater) | If you do not settle a trade or supply holder information by the required time, fail fees will be charged to your account. |
| Off Market Transfer | $27.50 per transfer | If you wish to transfer securities between other entities and your OpenMarkets CHESS account. |
| One-Off Issuer Sales | $200 or 1.5% per trade (which ever is greater) | Brokerage charged per transaction on sell-only accounts of Issuer Sponsored holdings. |
Please refer to our Financial Services Guide for more information about our fees.
