about us

amscot Discount Stockbroking is the non-advisory division of State One Stockbroking Ltd (AFSL 247100), a full trading and clearing Participant of the ASX Group. amscot was created in late 2002 to provide Australia's best non-advisory broking service. In achieving this, we focus on three core aims.

Firstly, amscot aims to offer the most competitive brokerage rates in Australia, and our success here has been recognised by both 'Money' Magazine and 'Personal Investor' Magazine for our internet and phone-based services. Importantly, our pricing is highly competitive across all contract values, not just at the price points used for award ratings.

Secondly, amscot aims to offer 'full service minus advice'. We seek to re-personalise an increasingly de-personalised industry. Discounted brokerage should not equate to discounted service. Whether you are trading on the phone or online, we understand that traders require a high quality service, with prompt response being critical at all times. amscot does not utilise machines - you are at all times greeted quickly by a professional Australian-based dealer.

Thirdly, amscot aims to be totally trader friendly. Our dealers are not just order takers. They are highly trained professionals who add value to your trading activity. For phone traders, amscot dealers are happy to spread and feed large orders as instructed by you.

amscotOnline offers traders one of the best trading platforms available. It can be tailored to the unique needs of professional and high activity traders, or to low volume private home traders. amscotOnline offers a totally dynamic price feed, portfolio and cash position. amscotOnline utilises the market-leading IRESS trading platform to give clients direct access to the market with the same speed as direct ITS access used by ASX participants. The IRESS trading platform is supported by State One's sophisticated trade administration system.

The amscotPhone service offers one of the most effective dealing desks in Australia. Our team is trained to provide you with prompt, efficient and courteous service, whether you are a regular local trader or a one-off sale client.

amscot offers you user-friendly account opening procedures, regardless of the type of account you require.

For more information please contact 1300 308 305 or discount@amscot.com.au.