Macquarie Online Trading Account

Investment products available

• Australian shares. Access around 2,200 companies listed on the Australian Securities Exchange (ASX).
• Exchange traded funds (ETFs). ETFs can track commodities, bonds, indices or baskets of assets. You can trade Australian ETFs through the ASX.
• mFunds. These refer to unlisted managed funds settled using ASX operating rules. You can use your Macquarie Bank trading account to invest through the mFund Settlement Service, which allows you to easily diversify your portfolio.

Features of Macquarie Online Trading

Fees	★★★★★ 3.6/5
Trading tools	★★★★★ 2.7/5
Research and education	★★★★★ 2.4/5
Available securities	★★★★★ 2/5
Customer support	★★★★★ 3/5
Available countries	★★★★★ 1.5/5

To learn how our star ratings are calculated, read the methodology here.

Market data and research

Macquarie Bank trading account holders get access to the latest news from Dow Jones as well as the most up-to-date company information from Morningstar. You also get access to ASX quotes, watchlists, consensus research reports, company data and more.

Access your account on-the-go

Trading and monitoring your account is easy. You can do this online using a computer, smartphone or tablet. You can also trade over the phone.

Available markets

When investing in shares, you get to buy and sell shares listed on the ASX.

Integrated cash account

Macquarie Online Trading is integrated with the Macquarie Cash Management Account, giving you full visibility of your finances and easy access to your funds when you need it.

Ideal for SMSFs

The Macquarie Online Trading Account gives you detailed investment reports, which is helpful if you have a self-managed super fund.

Four trading levels available

You can choose between four market data packages, each offering various levels of market data and charting. These vary in price, and more details on each level can be found below.

Brokerage fees

Standard brokerage rates

Online trading	Cost per trade: $19.95 or 0.12% (whichever is greater)
Phone trading	Cost per trade: $49.95 or 0.30% (whichever is greater)

mFunds

Per online application or redemption	$30 or 0.1% (whichever is greater)
Per over the phone application or redemption	$60 or 0.2% (whichever is greater)

What trading levels are available?

The Macquarie Bank online trading account lets you choose from different market data packages. Services levels vary in accordance. The corresponding table shows details of your options.

	Market data package cost	ASX quotes	Market depth and detail	Watchlists	News and company announcements	Charting
Silver	Free	20-minute delayed	20-minute delayed	20-minute delayed	Live	20-minute delayed
Gold	$10 per month	Live	Live	Live	Live	Live
Platinum	Up to $22 per month	Streaming	Streaming	Streaming	Streaming	Live
WebIRESS	$79 per month	Streaming	Streaming	Streaming	Streaming	Advanced content, real-time

With the Gold package, you simply have to click to refresh market data and prices. If you go the Platinum way, you have to pay the $22 monthly fee upfront, accrued at 6.6 cents per minute. You get a refund of the unused portion at the end of the month.

How to sign up

If you’ve decided to open a Macquarie Online Trading account you can click the green “Go to Site” button on this page to go directly to Macquarie’s site where you can apply securely online. You can open a Macquarie online trading account as an individual, a joint account holder, a trust, a self-managed super fund, a company, a business, an incorporated association or an incorporated body.

You need to be over 18 years old and have an Australian residential address to open an account. Plus, you will be asked to verify your identity as part of the application process, which you can do using your driver’s license, passport and/or birth certificate. Macquarie will contact you if they require any extra details.

Once your identity is verified and your application is complete, you will get a Macquarie Online Trading account and a linked Macquarie Cash Management account opened in your name. You can now start trading.

Customer support

Existing Macquarie Bank online trading account holders can speak to a customer service representative over the phone, 8:30am to 6pm, Monday to Friday (AEST). You can also get in touch via email.

All online trading account holders get access to after-market email watchlists and portfolio updates, consensus research reports as well as company data surrounding dividends, corporate actions and profiles. No matter which market data package you select, you can also get email and SMS alerts. New and seasoned traders can benefit by going through an array of online educational material.[/section]