amscot phone trading

As an alternative to online trading, amscot also provides phone trading to clients who are more comfortable speaking to a dealer to conduct their trading. Just call our 1300 308 305 number and you will be attended to promptly by our team of experienced dealers.

amscot phone trading platform has been awarded a Gold Medal by Money Magazine for 3 straight years for being the cheapest phone based non-advisory stockbroker. Our rates start from $29.70 (inclusive of GST) for a trade of less than $5,000. You will not be able to find a cheaper rate over the telephone with other established stockbrokers. Our dealers are more than happy to spread and feed large orders into the market for our phone clients, a service that most other stockbrokers are not offering. At the end of each trading day, contracts are emailed directly to you, saving you the hassle of dealing with paper contracts received through the post.

Payment for any share purchases could not be any easier. You can set up a Direct Debit facility on your existing bank account for us to draw funds to pay for any buys upon settlement which is currently T+3. Alternatively, you can pay via BPay with our Biller Code and an exclusive Customer Reference Number allocated to you. If you so choose, you may also deposit the funds by cheque or transfer it electronically to our bank account.

amscot Phone Account Opening Forms
amscot Phone Rates