Pricing

Brokerage

INTERNET

  • From $0 - $9,999.99 = $19.95 (inc. GST)
  • From $10,000 - $29,999.99 = $29.95 (inc. GST)
  • From $30,000 - $ Max = 0.11% (inc. GST)

PHONE

  • From $0 - $29,999 = $59.95 (inc. GST)
  • From $30,000 - $79,999.99 = $89.95 (inc. GST)
  • From $80,000 - $ Max = 0.11% (inc. GST)

OPTIONS (PHONE ONLY) From To Fee inc. GST

  • From $0 - $7,999.99 = $44.00 + ACH (inc. GST)
  • From $8,000 - $ Max = 0.55% + ACH (inc. GST)

CFD INTERNET

  • From $0 To $Max = $10 or 0.10%, whichever is greater

CFD PHONE

  • There is no additional charge for those wanting to trade over the phone. This service is suitable for infrequent traders (a few trades per month).

Rivkin Securities CFD clients have the option to trade only over the phone or via WebIRESS. WebIRESS is charged at $99 per month, including GST. This includes unlimited dynamic price data from the ASX.

WebIRESS is a third-party trading platform which is charged for each calendar month, regardless of when your account is opened. For instance, if you open your account on December 1, you will be charged $99 for December. If you open your account on December 25, you will be charged $99 for December. IRESS administer it this way and we have no control over that. If you are a frequent trader, this $99 fee will be waived if you trade 16 or more times during the calendar month; i.e., eight buys and eight sells, for instance.

Fees
Most of our clients pay no fees apart from brokerage, however some specialised services attract the following fees:

MISCELLANEOUS FEES AND CHARGES

  • Telegraphic Transfer Fee (to overseas bank account) = $35.00
  • Bank Cheque = $20.00
  • Dishonoured Cheque = $30.00
  • Foreign Currency Bank Draft = $35.00
  • Fail Fee = $55.00 + ASX fee
  • Off Market Transfers = $55.00
  • Deceased Estates Share Transfers = $55.00
  • Change of Trustee Fee = $110.00
  • Scrip Borrowing Fee = $38.50
  • SRN 12a Fee = $16.50
  • Replacement CHESS statement fee = $22.00
Compare to other brokers

SHARE TRADING: ONLINE ORDERS

Order Value $12,500
Rivkin Securities: $29.95
E*Trade*: $32.95
CommSec: $29.95 (internet preferred rate) or $38.75 (standard internet rate)

Order Value $45,000
Rivkin Securities: $49.50
E*Trade*: $49.50
CommSec: $54.00 (internet preferred rate) or $139.50 (standard internet rate)

Order Value $120,000
Rivkin Securities: $132.00
E*Trade*: $132.00
CommSec: $144.00 (internet preferred rate) or $372.00 (standard internet rate)

SHARE TRADING: PHONE OR FACE TO FACE ORDERS

Order Value $12,500
Rivkin Securities: $59.95
E*Trade*: $69.95
CommSec*: $64.80

Order Value $45,000
Rivkin Securities: $89.95
E*Trade*: $180.00
CommSec*: $202.50

Order Value $120,000
Rivkin Securities: $132.00
E*Trade*: $420.00
CommSec*: $480.00

*Prices sourced from competitor websites at 12pm, Monday 4 May 2009