rates
our rates (all prices are quoted inclusive of GST)
amscot brokerage costs as little as 0.088%
including GST. That's about one tenth the brokerage of most full service
brokers.
| Internet Brokerage Value Rate |
Trade Value |
Fee |
| $0 to $5,000 |
$14.85 |
$5,001 to $22,500 |
$19.80 |
Over $22,500 |
0.088% |
|
|
| Internet Brokerage DayTrader Rate |
Trade Value |
Fee |
$0 to $200,000 |
$33 |
$200,001 - $1,000,000 |
$33 + 0.0275% above $200,000 |
$1,000,001 + |
$253 + 0.044% above $1M |
|
|
|
Fee Structure
amscotOnline DayTrader
Rate
Trading on this fee structure is aimed at helping active clients. It is structured
around total dollar value rather than a per transaction basis.
Many clients wish to spread their orders throughout the day,
rather than placing one order. Another advantage for active
traders is the ability to trade a stock multiple times throughout
the day for a flat fee.
As a result all trades on one stock are collated at the end
of the day and issued as one transaction, all for the low
flat fee of $33.
Trade values up to $200,000 are charged $33 per confirmation.
Trade values between $200,001 and $1 million are charged
$33.00 plus .0275% of the value over $200,000 per confirmation.
Trade values greater than $1 million are charged $253 plus
.044% of the value over $1 million per confirmation.
Confirmation notes are issued at the end of a trading day
for a buy or sell in an individual stock (the order may not
be complete). If the balance of the order is filled the next
day then a new confirmation will be issued and an additional
confirmation charge is applied.
|
| Telephone Brokerage |
| Trade Value |
Fee |
| Less than $5,000 |
$29.70 |
| $5,000 - $14,999 |
$38.50 |
| $15,000 - $54,999 |
$59.40 |
| $55,000+ |
0.11% |
|
|
| One-Off Sales* |
| Trade Value |
Fee |
| Less than $5,000 |
$49.50 |
| $5,000 - $14,999 |
$60.50 |
| $15,000 - $54,999 |
$82.50 |
| $55,000+ |
0.15% + $14.30 |
*Please note, One-Off Sales are not applicable on the Internet.
Estate Account Brokerage will be charged at $16.50 extra
per brokage fee up to $54,999 after this charged at 0.18%
+ $22.
|
|
| Other Fees and Charges (Including GST) |
| Fee Description |
|
| Online access for trading - Premium |
$77 per month debited from your trading account (this amount will be rebated to your trading account once more than 15 trades are completed in a calendar month) |
| Fail fees (failure to settle trade in the required time) |
Greater of $110 per day or 0.11% (maximum cap fee is $5,000 per security) |
| SRN (Issuer Sponsored Shares) Request |
$27.50 per holding |
| Cheque dishonour fee |
$27.50 per cheque |
| Cancellation of Cheque fee |
$16.50 per cheque |
| Direct Debit dishonour fee |
$27.50 for first occurrence otherwise $49.50 per day |
| Mailed Contract Note |
$3.85 per contract note |
| Emailed Contract Note |
$nil |
| ASX Data Fees |
$nil |
| Off market transfer fee |
$55 per stock |
| Overseas Electronic Funds transfers |
$28.20 plus bank clearance fees |
| BPay® Deposits from savings or cheque a/c |
$nil |
Terms and Conditions
- "month" means the period from the first day in a calendar month to the last day in that calendar month, inclusive.
- "trade" is a fully filled order or the first trade of a partially filled order.
- "order" is defined as an instruction to purchase or sell a particular class of securities or an instruction to amend or cancel a prior instruction to purchase or sell a particular class of securities to the extent that the instruction has not been executed in part or in full.
- "on-line trading" is the facility offered by amscot Discount Stockbroking
to place orders directly in to the market via the amscot website.
This service is subject to the client agreement details as stated in the trading rules of the amscot Account Application Form.
For more information please contact 1300 308 305.
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