Your capital is at risk. CFDs can result in losses that exceed your initial deposit. Please ensure you fully understand the risks involved.

Do you charge an annual management fee for a share trading account?

You’ll be charged a subscription fee of $50 per quarter if you hold assets on a share trading account at the end of each quarter. However, you will be exempt from the charge if you:

  • Trade three or more times across either of your share trading or CFD accounts before the quarter-end.

If a subscription fee is due, we’ll debit it from your share trading account. The fee will apply per client rather than per account, and share trading accounts (not applicable to CFD accounts) with assets may go into deficit as a result of the charge. If you want to avoid selling shares to pay the fee, please ensure that you have a minimum of $50 in your share trading account to avoid a negative balance. Please see our customer agreement for more information.

You can find details of all our fees and charges here.

Quarterly cycle

Month charged if you have not met the criteria

January - March

April

April - June

July

July - September

October

October - December

January

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