Macquarie Online Trading Account
Access Australian shares, ETFs and managed funds at home or on the go.
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Must read: Macquarie Online Trading Closure
Macquarie Online Trading has stopped taking new applications as of 22 January 2025. All retail clients have been transitioned to Bell Direct and advised clients to Desktop Broker as of 22 February 2025.
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 |
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| Available securities |
★★★★★ 2/5 |
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| Customer support |
★★★★★ 3/5 |
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| Available countries |
★★★★★ 1.5/5 |
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]
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When will Macquarie Prime have an application so I can trade on my iPhone?
Hi Stephen,
Thanks for your question.
Unfortunately we cannot speak for Macquarie Bank, this question is best direct at them.
Cheers,
Shirley
Can I trade international shares through a Macquarie Prime online share trading account?
Hi Viv,
Thanks for the question!
Macquarie Prime does not offer the ability to trade international shares at this current time; however, they do allow you to invest from over 2,000 Australian Securities Exchange (ASX) listed shares.
You can compare online platforms which allow international shares. As a reminder, it is always advisable to conduct a thorough research before investing as there are significant risks involved. Please also read through the Product Disclosure Statement/Terms and Conditions before making a decision on whether it is right for you. You may want to also consider speaking to a financial advisor who can guide you in share trading.
I hope this helps,
Marc