All Questions Answered

Absolutely! Our sophisticated in-house technology allows data feeds via API for products such as Bank/TFN details to the share registry, XPLAN, Class Super and more.

Yes, of course. We can provide each advisor with an Iress ViewPoint Premium login, making it simple and easy to trade on behalf of your clients. On the other hand, we are more than happy to place trades on your behalf too.

We will first need to establish who holds the AFSL and if there will be a Corporate Authorised Party (CAR) underneath with any advisors attached. Once we have the basic information, we will be happy to chat and send you the required forms to fill out.

Depositing funds is easy! Online accounts can simply deposit funds into their Macquarie CMAs. There is no need to deposit funds for Phone accounts, as we have a direct debit in place. However, you may transfer funds into our trust account, where we will credit your Amscot account. To withdraw funds, please login to your Amscot account and Request a Funds Transfer.

Online accounts will need to have a Macquarie CMA, in order for your cash balance to be uploaded to Iress each day. Phone accounts may use any Australian bank (must allow direct debit).

EOFY reports can be downloaded by logging into your Amscot account. Please click ‘Tools’ and select the relevant report type to download and date range.

• If your shares are held with another broker, you will need to fill out the Broker to
  Broker transfer form
• If your shares are held with the Share Registry, you will need to fill out the
  Issuer Sponsor to CHESS Sponsor form
• This transfer is free of charge, as long as your details (i.e. account name) match exactly. Otherwise, you will need to fill out the Off Market Transfer form ($55 per holding)

If you would like to change these details, please fill out the Change of Personal details and/or Change of Account details form.

Head over to this link, where you can view the type of plan to best suit your investing needs…

Your order may be purged from the ASX market for several reasons: (1) it is a day order that remains unfilled at the end of the trading day, (2) it is a Good-Till-Date (GTD) order that has reached its specified expiry date, (3) a corporate action, such as a stock split or merger, affects the terms of the order, or (4) the stock is suspended from trading or delisted. This list is non-exhaustive, and other factors may also result in your order being purged.

You are eligible to trade fully paid ordinary shares, company options, exchange-traded bonds, and warrants, as listed on the Australian Securities Exchange and Cboe. Please be aware that trading warrants requires additional documentation, as these derivative products carry significant risks for the client.

No, you are only charged brokerage if a trade goes through.

You’ll only pay brokerage fees based on the value of the executed part of your order. If your order exceeds a price threshold, additional brokerage applies.

Straight Through Processing (STP) enables you to enter orders into the stock market without manual intervention, subject to specific filters. Orders should be placed with caution, as breaches may lead to review or rejection.

Once your order has been executed, it will generally settle on a T+2 (Trade + two business days) basis. Please ensure you have sufficient funds available on settlement day to avoid fees.

The default lifetime, ‘Date’, on the ASX is 45 business days. However, your order may purge if the stock has gone ex-entitlement, stock has suspended or there is a reconstruction.

The minimum marketable parcel you must purchase, excluding brokerage, is $500 if you do not already own shares in the security. Following that, you can grow your stake by buying shares for minimum of $100. This rule does not apply to Sells.

Trades during Pre-Open phase may be entered/amended/cancelled, but no executed. Regular trading occurs during Market Open phase between 10:00am-16:00pm (AEST). During Pre-CSPA, same rules apply as Pre-Open. There are other phases until Pre-Open, however, no trades may be entered into the market.

This depends on your type of plan. Phone plans will need to call the Amscot Team and we will assist you by providing market information and executing the order for you. With Iress plans, there are a few options. The easiest way to trade is through the ‘Quick Trade’ widget.