50% Off Brokerage in December!
|With more than 20 years of experience in non-advisory share trading, we know what active traders expect. Our core aims are Value, Service & Performance. Low brokerage, Australian based service desk and a timely execution during trading is what keeps us at the top with our competitors. For a limited time, we are giving 50% off brokerage costs in December if you sign up for a trading account with us now! It will take you just 5 minutes and you can do it on your mobile devices!|
Terms & Conditions
The offer of 50% off brokerage cost in December 2019 is available only to new Amscot customers opening a new Amscot Internet Brokerage Account under the selection of Value Rate and Trader Rate before 30 November 2019, 11:59pm (AEST). “Client” or “you” refers to the new Amscot customer in application of a new account. “We” or “Us” refers to Amscot Stockbroking. Sign up for this promotion is applicable from 01st September 2019 to 30th November 2019 via the online account opening process only. Clients who apply for a new amscot trading account during the calendar month, December, in 2019 will not participate in the promotion above. All new clients will need to sign up for a Macquarie CMA account and have that tagged to their trading account. Existing Macquarie CMA accounts maybe linked to your new trading account. All trades will be traded online via the IRESS platform (HTML or Web IRESS) and held CHESS-sponsored by State One Stockbroking Ltd. Charges are applicable for the use of HTML IRESS and Web IRESS. Please refer to our Financial Services Guide (FSG) for the fees and charges. Clearing and settlement will be completed by our parent company, State One Stockbroking Ltd. Applicants must be 18 years or over. This offer is not valid to existing customers or staff. Brokerage of $11.00 or 0.088% for Value Rate and $33.00 or 0.066% for Trader Rate will be charged on all trades done by the client during the period 01st September 2019 to 30th November 2019. Brokerage discount will be effective from 01st December to 31st December 2019 only. Brokerage discount is based on trades below $12,500, will be charged $5.50 and trades of $12,500 and above will be charged 0.044% for Value Rate. For clients under the Trader Rate, brokerage discount is based on trades below $50,000, will be charged $16.50 and trades of $50,000 and above, will be charged 0.033%. This offer is not redeemable for cash and is not transferrable. This offer is not offered to Issuer Sponsored (SRN) orders. Our Terms and Conditions apply unless otherwise specified here. amscot Stockbroking reserves the right to terminate this offer or amend Terms and Conditions at any time without notice. For more enquires on this amazing offer, contact us at 1300 308 305. Kindly refer to our Financial Services Guide (FSG) for our complete Terms and Conditions.
amscot has online broking products to suit every level of share trader or investor. All of our products can be combined with your choice of trading platform and commission rate plan to create a tailored package that suits your trading style.
amscotOnline is for clients who want to place their own orders into the stock market, requiring only an internet connection and a web browser to run the trading platform. We offer several flavours of trading platform catering to everyone from the casual investor right through to the active or professional trader. Our online share trading products are supplied by IRESS Market Technology who have proven themselves to be the leaders in share market and wealth management systems in Australia.
We offer a choice of two rate plans that can be paired with any of the online trading platforms - the ValueRate which is better value for casual traders and investors whose trade values are typically less than $35,000 and is calculated against the trade value on a “per order” basis; and the TraderRate which is more attractive at trade values of $37,500 or more - specifically designed for the highly active or professional trader. View the amscotOnline brokerage rates and comparisons
amscotPhone offers a convenient service for those who do not have the time or confidence to place orders themselves. Our Perth based phone desk offers one of the most effective phone trading desks in Australia. The desk is staffed from 9:15am to 5:30pm Eastern Standard Time on all trading days. Our team is trained to provide you with prompt, efficient and courteous service, whether you are a casual or a regular local trader.
Our phone rates start from $57.00 (inclusive of GST) for a trade of up to $5,000. You will not be able to find a cheaper rate for telephone trading from any other established stockbroker. Our scale of brokerage rates is structured to be highly competitive at all size of trades - to view, please click here.
Our dealers are more than happy to spread and feed large orders into the market for our phone trading clients, a service that most other stockbrokers do not offer. At the end of each trading day, contracts are emailed directly to you.
amscot Advisor Services is a comprehensive and competitively priced third party equities trading, clearing & settlement service offered to holders of an Australian Financial Services Licence (AFSL).
It is the most competitive third party equities settlement service in Australia. It provides you with back office support and online tools, while you maintain the client relationship.
Trade confirmations can be on amscot letterhead or carry your own branding and style.
Your own customised client area on the website providing all of the features required for you and your clients to manage your exchange share trading activities.
Account opening forms; Portfolio performance reports; Real time portfolio valuations; Client Ledgers & Trading history reports; Brokerage collection and rebates; Daily adviser reports
Online Execution can be done by the Dealer or by his Client.
Our Bulking feature lets you bulk multiple trades in one stock to just one contract note for big savings.
All trades are on a strict cash & stock vetting basis, i.e. if the client has cleared funds in a Cash Management Account they can buy; if they have stock on the State One HIN they can sell it.
We use the market leading and fully dynamic IRESS trading platform with State One’s highly customised back-end. For further information on IRESS click here.
amscot Advisor Services clients have access to our phone desk when required.