ASX Trading
The Selfwealth Adviser Platform ASX brokerage fee is $9.50 per $70,000 block. For example, a $70,000 trade will incur brokerage of $9.50 until it moves into the next block of $70,000 ($70,001 - $140,000) where it will incur a total rate of $19.00. A trade size of $141,000 - $210,000 will incur brokerage of $28.50 and so on. This model offers advisers and their clients a very cost-effective service for managing investment portfolios.
The below comparison table gives examples of different trade sizes and what the brokerage cost will be in comparison to other providers in the market.
|
Trade size |
Selfwealth |
AUSIEX |
NabTrade |
BellDirect |
CMC |
|
$5,001 |
$9.50 |
$5.50 |
$14.95 |
$30.00 |
$11.00 |
|
$10,001 |
$9.50 |
$11.00 |
$19.95 |
$30.00 |
$11.00 |
|
$50,000 |
$9.50 |
$55.00 |
$55.00 |
$110.00 |
$50.00 |
|
$100,000 |
$19.00 |
$110.00 |
$110.00 |
$220.00 |
$100.00 |
|
$250,000 |
$38.00 |
$275.00 |
$275.00 |
$550.00 |
$250.00 |
|
$500,000 |
$76.00 |
$550.00 |
$550.00 |
$1,100.00 |
$500.00 |
*Prices as at Feb 2022
International Trading
For international trades, brokerage fees are capped at US$9.50 (US markets) or HK$88.00 (Hong Kong markets) per trade, no matter how large the transaction size is.
Some international trades may also incur small fees charged by the local exchange or regulator. For more information on these charges please click here (US trading) or here (Hong Kong trading).
Does Selfwealth charge any other fees?
Selfwealth does not charge any administration or transaction fees, and there is no fee based on the total of your Funds under Administration (FuA).
Some one-off requests such as DvPs or Off-Market Transfers may incur an administrative fee. You can find further details on one-off fees by clicking here.