Online trading s australia stocks
Trade on our feature rich standard platform and access theScreener stock level analysis and free tax and portfolio reporting with Sharesight TM up to 10 holdings. More on Frequent Trader Program. Our standard and Pro platforms combine innovative trading tools and charting with intuitive mobile solutions, so you can trade when and how it suits you.
More on investment products. Take greater control of your share trading with unlimited conditional orders, such as trailing stop loss and take profit, at no extra cost. Simply select the level that will trigger the purchase or sale of shares online whenever you like our usual low online brokerage applies.
More on conditional orders. There are two ways you can choose to fund your trades. Or alternatively you can gear your share trading with a linked margin loan from Leveraged, Suncorp Bank or St. We work with industry leaders to bring you a completely integrated stockbroking experience. More on news and analysis. More on CFD trading.
Our charity partner works in collaboration with schools, early childhood settings and parents to help children with learning disabilities and difficulties. Options trading What is an mFund? Learn forex trading What is forex?
Benefits of trading forex? Trading guides What is options trading? Is there any support on the platform? How do I fund my account? How can I reset my password? Where can I find my account number? How do I do a one-off sale? You don't actually need a broker to buy shares in a float.
All you do is send the application form in the prospectus and your cheque to the company. Many popular floats are oversubscribed, which means you may get only a proportion of the shares you applied for, or in some cases, no shares at all. Keep this in mind when sending off your application cheque, because your money can be tied up for a couple of months before you will get a refund.
For more information, see prospectuses. You can buy shares indirectly by buying units in a managed share fund.
For more information, see choosing a managed fund. Some companies offer their employees the opportunity to purchase shares in the company. The shares might be offered without a brokerage or at a discount to the market price. For more information, see employee share schemes. Whether you buy shares through a broker, IPO, employee share scheme or through a managed fund, at some stage you may want to sell them. If you hold the shares directly you can sell them by placing a trade online or contacting your broker.
When your trade is executed you will be charged a brokerage fee, just like when you buy shares. When you sell shares the legal title of ownership is exchanged. Once settlement is completed, the money for the sale of the shares is transferred into your designated bank account.
If you hold shares indirectly through a managed fund you can sell the shares by selling your units in the managed fund. Before you sell units in a managed fund it's important to check if there are any withdrawal costs. For more information see how to buy and sell managed funds. When you sell your shares or units in a managed fund make sure you keep a copy of the trade confirmation or receipt for tax purposes.
When you buy or sell shares through a broker there are different types of orders you can use. It's important to know how each order works and the impact different orders could have on the price when you buy or sell.
A market order is an order to buy or sell shares at the best available price at the time the order reaches the market. These orders are generally executed very quickly once you send them to your broker, however, the price the market order is executed at is not guaranteed. If the share price moves from when you submit the order, to when it is executed, the final trade price could be higher or lower than you expect.
Most shares traded on the ASX are 'ordinary' shares. Ordinary shares carry no special or preferred rights. A debt security refers to money borrowed that must be repaid that has a fixed amount, a maturity date s , and usually a specific rate of interest. ETFs are a type of security which combine features of both stocks and mutual funds. Each ETF is designed to track an index and owns a number of stocks. Trade instructions are executed by OpenMarkets.
OpenMarkets will assign you a Holder Identification Number HIN and will execute, clear, settle and keep record of your holdings and your share investment activity.