See further down for special charges associated with specific ASX- or US-listed stocks or funds.
ASX Trading
You will only ever pay $9.50 when an order on the ASX fills, or partially fills then expires.
- For a buy order, this will come out of the funds you are investing.
- For a sell order, this will come out of the funds you receive for selling.
If you have free trades in your account, they will be used first.
US Trading
For each order that fills, you will be charged $9.50 USD.
- For a buy order, this will come out of the funds you are investing.
- For a sell order, this will come out of the funds you receive for selling.
All sell orders on US exchanges, regardless of the broker you use, incur the following fees. These fees will be shown on the contract note and be subtracted from your sale proceeds.
| Securities and Exchange Commission (SEC) Fee | 0.00221% on sell orders |
| Trading Activity Fee (TAF) | Applicable only for sell trades at USD 0.000119 per share, subject to a maximum of USD 5.95. (With effect from 19th February 2018) |
Other Charges
Financial Transactions Tax (FTT)
Certain ASX- or US-listed stocks attract special charges, due to factors such as domiciled country or corporate structure.
International codes – please note that fees are charged at the time of order placement and are displayed as ‘other charges’ on the contract note (see attached)
URW – Aus code (fees are charged as per ‘current’ message below)
Please note all charges related to US Trading are available in the Phillip Capital Important Information Guide
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