BellDirect can place a trade in under a second so you know you’ll always get the price you want.
BellDirect offers an award winning online share trading platform you can use to trade equities on the Australian Securities Exchange (ASX). BellDirect also lets you trade managed funds, options, warrants and IPOs.
BellDirect charges a competitive flat brokerage fee. The more you trade the less you’ll pay in brokerage. BellDirect also guarantees your trade is executed on time, market to limit orders are processed in under a second or you pay no brokerage fee for the trade.
There are a few different membership tiers which cater to the first time user through to the serious trader. The top membership tier gives you access to the dynamic market updates through the BellDirect webIRESS trading platform.
Why use BellDirect for your next trade?
- Smart investor blue ribbon awards - best online broker the past three years in a row.
What can I trade with BellDirect?
Trade Australian shares on the ASX
BellDirect provides an online platform you can use to trade on the Australian Securities Exchange (ASX). You can make these types of trades using BellDirect.
ASX listed equities
Trade stocks from thousands of companies listed on the ASX. Place orders up to $250,000 in value online. A $15 brokerage fee applies to trades up to $10,000 in value, $25 for trades $10,000 - $25,000 in value and 0.1% for trades greater than $25,000. BellDirect guarantees to execute you trade within a second of you placing a market to limit order or your trade is made for free. BellDirect provides educational tools and resources such as market updates, announcements and ASX quotes. BellDirect can also set up watch lists so you can keep track of specific shares.
Increase your investment power by opening a margin lending account. You can borrow against the value of your existing portfolio without selling off assets, which is a tax effective way to access the equity in your investments and increasing your investment power allows you to reduce the inherent risk of a particular asset class by diversifying your investment portfolio.
- Trades can be conducted either online or over the phone.
- There is no minimum variable rate loan size, balance or drawdown.
- You’re required to keep a 10% buffer to prevent a margin call.
You can also carry out these types of trades with BellDirect:
- Options (ETOs and Company Options).
- Warrants (endowment and instalment).
What are the best things about BellDirect share trading?
Implement your self-managed super fund (SMSF) investment strategy using the BellDirect online trading platform.
Get access to the minds of the brokers at Bell Financial Group and Morningstar for free when you open a BellDirect trading account. BellDirect provides recommendations from 20 of its brokers, free Morningstar research details stock rankings and analysis, company financials and forecasts, ASX announcements, business news and more.
Get suggestions on bear and bull trades from BellDirect everyday in your email inbox.
BellDirect provides a convenient end of year report which provides details about your account and transactions for the financial year as well as estimated dividends.
BellDirect offers a mobile optimised web based trading platform so you can make trades anywhere using your smartphone.
Free conditional orders
You can place advanced orders for trades to execute when your trigger conditions are met.
1 second trade
BellDirect guarantees market to limit orders are placed within one second otherwise your trade is free.
Cash trust account
Buy stocks using funds from your Bell Cash Trust Account opened on your behalf upon application with BellDirect. Any funds in your Cash Trust Account will accrue interest.Back to top
BellDirect offers the following service levels
Depending on your trading requirements, BellDirect offers different membership tiers for different cost points.
|Silver||Prices and data is delayed by 20 minutes.||Free|
|Gold||Static live data||$10 a month (free after 5 trades in a month)|
|Platinum||Streaming live data on browser based platform — no need to refresh your screen to see market changes.||$27.50 a month|
|WebIRESS (dynamic data)||Free gold membership accessIntegrated to the BellDirect trading platformLive market data and updates||$79 a month|
|WebIRESS & Platinum (dynamic data)||Free gold membership accessIntegrated to the BellDirect trading platformLive market data and updates||$106.50 a month|
What support and information is available with BellDirect?
Market insights from BellDirect trading experts
BellDirect offers a range of educational services to help you stay informed with what’s happening in the market. The list includes demos on how to use their tools and insights into the market about different industries. There’s a range of blogs and videos to help you learn, whatever your learning style is.
BellDirect TV gives you insights, updates and trading demonstrations, including daily market wraps and interviews with expert traders and CEOs.
You can get in touch with BellDirect on the phone, fax, email or postal address. It’s contact centre is available 8am to 7pm Monday to Friday (Eastern Standard Time).Back to top
What are BellDirect brokerage fees?
BellDirect offers a straightforward fee schedule for trades conducted online (trades executed over the phone attract higher fees). The more you trade, the less you pay in brokerage.
For the first 10 trades each month, brokerage fees increase with the value of the transaction.
- Pay $15 brokerage for trades under $10,000 in value.
- Pay $25 brokerage for trades $10,000 - $25,000 in value.
- Pay 0.1% brokerage for trades greater than $25,000 in value.
Pay $13 brokerage for your 11th to your 30th trade, and then pay $10 brokerage after your 31st trade.
Different brokerage charges apply to ETO and mFund trades. Consult the product disclosure statement for a full list of brokerage fees.Back to top
What are the pros and cons of using BellDirect for my next trade?
- One second trade guarantee on market limit orders
- Tiered brokerage for your first 10 trades each month. The more you trade the cheaper it gets.
- Winner of the AFR Smart Investor Blue Ribbon Awards Best Online Broker three years running.
- Free conditional orders.
- Limited to trading Australian securities.
- Phone orders are expensive.
What you need to know to apply for a trading account with BellDirect
Apply online to take advantage of the award winning BellDirect online share trading platform. You must be 18 years or older, have an Australian residential address, a valid email address, mobile phone number and bank account to apply.
Once you’ve registered your details, you’ll need to verify your identity to complete the registration process. You can do this by sending a photo of your driver’s licence or passport and bank statement or utility bill to the email address provided to your during the application. Once BellDirect receive all your information, your account will be opened within three business days.