You Could Reach Your Investment Goals with Strategies from Nabtrade

Information verified correct on December 10th, 2016

Trading in the stock market can be easy if you open a nabtrade account

WealthHub Securities, a wholly owned subsidiary of National Australia Bank Limited, provides the nabtrade Global Market Trading service. The National Australia Bank (NAB) group has more than 12 million customers that it serves through around 1,700 branches and 42,000 employees globally.

Businesses in New Zealand, Asia and the UK complement the group’s major Australian financial services franchises. You can access personal banking products that the group offers through various channels such as NAB, UBank, NAB Broker and nabtrade.

As per the 2015 second half Investment Trends Australia Online Broking Report, nabtrade offered best value brokerage amongst the Big Four banks, as rated by clients. Opening and operating a nabtrade account is easy. You can do so online in minutes.

This guide gives you all the information you need surrounding the nabtrade service.


What can I trade with nabtrade?

You get multiple trading alternatives through your nabtrade account. Your options include:

Australian and international shares

You get real-time access to more than 10,000 securities from the world over, using your computer, tablet or smartphone. Real-time streaming of ASX prices is free for all nabtrade clients, so you don’t have to refresh price quotes periodically.

Exchange traded funds

If you’re looking at diversifying your investment portfolio, investing in exchange traded funds (ETFs) using nabtrade can work well for you. You get access to different managed portfolios, hard and soft commodities as well as indices.

Exchange traded options

If you wish to protect your portfolio, leverage your position or generate income, you can invest in exchange traded options (ETOs).

Warrants

Companies issue warrants, so they’re not instruments of the stock market. You can take short or long positions when you trade in warrants. You can use them as means to protect your portfolio by employing a suitable risk mitigation strategy.

Listed investment companies

All nabtrade clients get access to leading portfolio managers through whom they can get exposure to Australian and international listed investment companies (LICs).

Hybrid securities

Investors typically turn to hybrid securities for income generation. They tend to come with elements of debt and equity securities. Like debt securities, they usually promise to pay a fixed or floating rate of interest until a given date.

Real estate investment trusts

By investing in listed Australian real estate investment trusts (REITs), you get exposure to property based assets.

Fixed income or bonds

Fixed income investments give you the ability to add more diversity to your portfolio. Through nabtrade, you can access high credit rating alternatives such as Australian Government Bonds.

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What are the features of nabtrade?

Market data

You get access to dynamic data for free. What you get to see are real-time streaming dynamically updated ASX prices, provided using technology by Reuters. You get to make custom watchlists, the Global Scanner tool lets you scout for opportunities and you can setup alerts as per your needs.

Research

The Markets Today section brings to you the latest market news from Australia and overseas. Trading Central gives you access to technical analysis as well as expert outlooks on ASX-listed companies. The Research Team tool gives you the ability to understand conflicting recommendations so you can delve deeper into probable opportunities. Partnerships with research providers such as Wise-owl and Morningstar bring insightful market related information to your table.

Access

Access to nabtrade comes in different ways. While you can trade online at anytime, you also have the option of trading over the phone.

Order types

You can place limit orders and markets orders through nabtrade. Placing conditional orders is also an option.

Available markets

The markets you have access to include Australian Stock Exchange (ASX), Chi-X, New York Stock Exchange (NYSE), AMEX, NASDAQ, London Stock Exchange (LSE) and Xetra.

High interest account

To trade with nabtrade you should have a nabtrade Cash Account. The nabtrade High Interest Account comes with a competitive interest rate for balances up to $1,000,000.

What support and/or information is available with nabtrade?

You can get in touch with a nabtrade representative over the phone from 8am to 8pm, Monday to Friday. If you contact one via email, you should get a response within two business days. The nabtrade website answers most popularly asked questions about getting started, using the online platform and managing your account.</p>

The Insights and Ideas section gives you the ability to stay up-to-date with the latest happenings in the stock market. In the Stocks to Watch section, you can see which stocks hold promise. The website also gives users access to a range of articles surrounding topics such as ETF fundamentals, transacting in mFunds, placing international trades and mistakes to avoid.

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What are the fees when using nabtrade?

The fees you have to pay when you use nabtrade depend on the kind of trades you carry out. Here’s what you need to know:

Australian listed securities, mFunds, warrants and exchange traded funds (ETFs)

Trade amountFees
OnlineUp to $5,000$5,000 to $20,000Over $20,000$14.95$19.950.11% of trade value
Over the phoneAll$59.95 or 0.55% of trade value (greater of the two)

Exchange traded options (ETOs)

Trade amountFees
OnlineUp to 10,000Above $10,000$34.950.35% of the trade value
Over the phoneAll$49.95 or 0.55% of trade value (greater of the two)
ASX Clear transaction fee (equity options)$0.13 (plus GST) per contract
ASX Clear exercise or assignment fee (equity options)$0.05 (plus GST) per contract
Equity trade from option exercise or assignment$59.95 or 0.11% of trade value (greater of the two)
ASX Clear transaction fee (index options)$0.45 (plus GST) per contract
ASX Clear exercise or assignment fee (index options)$0.35 (plus GST) per contract

To get email and SMS alerts, you have to buy credit alert bundles of $11, $22 or $33. These bundles have alert credits. One alert credit values at $0.11. An email alert costs one alert credit and an SMS alert costs two alert credits.

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Should I use nabtrade for my next trade?

Pros

  • Linked high interest account. When you open a nabtrade trading account you also have to open a nabtrade cash account. This ensures that your trades take place seamlessly. The fact that the money in your cash account earns competitive interest is a plus.
  • Multiple trading options. You can use your nabtrade account to trade in Australian and international shares, ETOs, ETFs, managed funds, warrants, LICs, hybrid securities, real estate investment trusts, bonds and initial public offerings (IPOs).
  • Mobile trading. The nabtrade IRESS Trader app, available on iOS, gives you the ability to trade at anytime, no matter where you are.

Cons

  • No round-the-clock support. If you wish to get in touch with a nabtrade representative, you can do so only during working hours on weekdays. This broking service provider does not offer 24/7 support.

How do I apply for nabtrade?

You can apply for a nabtrade account as an individual, a joint account holder, a company, an organisation, a trust, a self managed mutual fund or even a minor. To apply as an individual you should be over 18 years of age and an Australian resident.

Click on the ‘Apply Now’ button if you wish to submit an online application. This will take you to the secure nabtrade website. At the beginning on the application, you have to mention if you want to settle trades using a cash account or an NAB margin loan.

Completing the application successfully requires that you provide your complete name, a valid email address, your residential address and your phone number

Need more assistance?

How can I add funds to my nabtrade cash account?

You can pull funds through a linked NAB bank account. You can initiate a funds transfer using an NAB or non-NAB bank account. Another option is to use BPAY.

When do I qualify for dividends?

You qualify for dividends only if you buy shares during or before the cum-dividend period. You also have to hold them until the ex-dividend date.

Do I have to meet any eligibility criteria to trade in international shares through nabtrade?

Yes. You should be a resident of Australia for taxation purposes, you should have Australian residential and mailing addresses, you should provide details from your Australian driver’s licence or passport and you must provide your tax file number or a relevant exemption code.

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10 Responses to You Could Reach Your Investment Goals with Strategies from Nabtrade

  1. Default Gravatar
    G | September 12, 2016

    I just want to make sure I understand the fees, any trade online over $20,000 incurs a fee of 0.11% eg $70,000 trade would incur a fee of $77, is that correct ?

    • Staff
      Shirley | September 19, 2016

      Hi G Kirkup,

      Thanks for your question.

      That’s the case if you’re trading international shares. If you’re trading Australian shares, the brokerage fee is $19.95 for a trade size of $20k.

      Hope this helps.

  2. Default Gravatar
    Alan | September 8, 2016

    Hi There
    Keen to progressively invest in global equities, not trade.
    I see live market depth is available. Any charge for this?

    Are the fees for conditional orders only charged on execution?

    What is your minimum investment transaction?

    Many Thanks, Alan

    • Staff
      Shirley | September 19, 2016

      Hi Alan,

      Thanks for your question. We recommend that you get in touch with nabtrade directly with your questions.

      nabtrade’s insights and ideas section is free to access.

      You can trade warrants / international shares from $14.95 for transaction sizes up to and including $5,000. The minimum investment transaction will depend on the stock exchange you’re wishing to invest in.

      Hope this helps.

  3. Default Gravatar
    Alan | August 26, 2016

    We hold existing shares ; brocker sponsored: I use dividends to pay for retirement. I now only make two to three trades a year, mainly small top ups. The need for a full brocker is now not so needed . Would it be hard to shift our portfolio to Nab trade .is there a cost involved.
    Alan.

    • Staff
      Shirley | September 6, 2016

      Hi Alan,

      Thanks for your question. It shouldn’t be too difficult, I’ve highlighted the steps below. There is no cost to do so.

      Please see below for the transfer steps:

      1. Log into nabtrade using your customer number and password
      2. Hover over the Admin tab from the main navigation bar and select Permissions
      3. Click on the Apply link next to Broker Sponsored Transfer and follow the onscreen prompts
      4. After pressing the ‘Submit’ button, print the form (PDF) and complete any outstanding information
      5. Send the form to us at enquiries@nabtrade.com.au or via mail to: nabtrade, GPO Box 4545, Melbourne VIC 3001

      Hope this helps.

  4. Default Gravatar
    fred | June 15, 2016

    Hi,
    Is there a promotion offer, like free brokerage to open nabtrade account?

    Thanks

    • Staff
      Clarizza | June 16, 2016

      Hi Fred,

      Thanks for getting in touch.

      Unfortunately, there isn’t a current promotion offer on opening a nabtrade account.

      Clarizza

  5. Default Gravatar
    Billy | June 12, 2016

    where is the promotion code. The 20 free trades does not work

    • Staff
      Clarizza | June 15, 2016

      Hi Billy,

      Thanks for your query. I have sent you an email regarding this.

      We have now updated our copy.

      Cheers
      Clarizza

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