Find The Cheapest Stock Brokerage In Australia

brokerage fees comparison

Remember, Computershare is not a brokerage, but an agent by which an investor can access specific stock plans which are, for the most part, intended to be held for a longer-term. Although Computershare itself does not charge a transaction fee, an investor will be charged a purchase and a sales fee directly from the holding company. The minimums for initial stock purchases will also vary according to the limits determined by each company. However, you can easily be exempted from the charge, if you do deal at least three times using your share trading or CFD accounts during the same quarter.

The brokerage charges for equity, commodities and currency derivative trading for ICICIdirect are explained as below. ICICIdirect offers stock trading account and Demat account services.

All Edward Jones Fees

For others investors, the steady payout of a DRIP is seen as a hindrance to the stock’s performance, possibly holding it back from even bigger potential gains. Try out any share trading platform you are considering using to work out how easy it is to use daily. Most providers offer free demo accounts to help you sample their services. The brokerage fees for shares listed overseas can be more or less than what you’d pay for ASX-listed stocks depending on the country of choice and the platform you’re using. You can expect to pay anywhere between AUD$0 and AUD$60 per trade for US-listed shares.

  • ICICIdirect fee structure and trading commission rates are explained as below.
  • ICICI Direct Prepaid Plan offers a reduced brokerage rate when you buy a prepaid plan.
  • In this plan, they charge 0.55% brokerage for equity delivery trades and 0.275% for intraday.
  • Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.

Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile. Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.

What Is Eatm In Icici Direct?

Computershare offers Direct Stock Purchase Plans and Dividend Reinvestment Plans on behalf of a large but limited number of U.S. and international companies. Computershare does ​not ​offer general stock market trading, exchange traded funds , mutual funds, certificate of deposits , bonds, IRAs or other retirement accounts. With the online brokerages, investors can instantly access these products . With Computershare, however, the investor only has the ability to purchase and sell Dotbig testimonials stock from specific companies that are uniquely managed ​by ​Computershare. From time to time, some online share trading providers will offer special deals to help you save on brokerage fees or possibly avoid them altogether. For example, Bell Direct regularly offers free ETF trades for each month for a year for new customers. While brokerage fees are the major cost you need to consider when comparing share trading platforms, you should also be aware that other fees may apply.

brokerage fees comparison

For example, AT&T stock which is available on Computershare, has a one-time purchase fee of $10 + $.05 per share along with selling fees of $10-$20 per transaction + $.10 per share. This means that an order to buy 100 shares of AT&T stock will cost a client $15, 1,000 shares will cost $60.

Edward Jones Account Closing Fee And Acat Transfer Cost In 2022

Some brokers charge a monthly or annual fee if you don’t hit a certain number of trades each month. Basically, every time you buy or sell a share online, you’ll need to pay a specific amount to the broker in return Dotbig for using its service. Pay zero brokerage on US stocks and all ETFs and just $5 to trade Australian shares from your mobile or desktop. Compare your options to find the lowest cost brokers in the market.


By default, ICICI Direct customers have an I-Secure plan. In this plan, they charge 0.55% brokerage for equity delivery trades and 0.275% for intraday. For these shareholders, Computershare provides stock plans from 16,000 clients , which include many well-known companies such as McDonald’s, Johnson & Johnson, Coca-Cola, and AT&T.