Online and Phone Trading in Shares, Options, Warrants and Futures at highly competitive rates.
Internet Trading:
If funds are held in Morrison Securities Trust Account:
Transaction Value
Brokerage (ex GST)
Clearing House Fee (ex GST)
$0.01 - $999,999
$25.00 FLAT
$1.02 per contract
If funds are held in a linked Macquarie/Adelaide Bank CMT Account or a linked Margin Lending Account:
Transaction Value
Brokerage (ex GST)
Clearing House Fee (ex GST)
$0.01 - $999,999
$30.00 FLAT
$1.02 per contract
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Phone Trading:
Transaction Value
Brokerage (ex GST)
Clearing House Fee (ex GST)
$0.01 - $8000.00
$8000.00+
$40.00
0.50%
$1.02 per contract
$1.02 per contract
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Trading Platform Subscription
WebIRESS
Number of Trades
Monthly Subscription
0 – 9
10+
$100
FREE
Note: GST would be charged in addition to the above charges
The above charges are payable in advance on the last day of the previous month and the appropriate rebate will be given at the end of the month
HTMLIRESS
Number of Trades
Monthly Subscription
1+
FREE
For access to htmlIRESS, a minimum balance of $5000 must be maintained in the trading account
The table below explains our standard commissions for SFE futures trading. If you are a frequent trader, please contact us for competitive rates on 1300 886 010
Number of Contracts
Brokerage (ex GST)
Exchange Fee (ex GST)
1-4 Contracts
5+ Contracts
$10.00 per Contract
$5.00 per Contract
$0.90 per Contract
$0.90 per Contract
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Trading Platform Subscription
webIRESS
Number of Trades
Monthly Subscription
0+
$150
Note: GST would be charged in addition to the above charge
The above charge is payable in advance on the last day of the previous month
Equities
Options
SFE Futures
ASX CFDs
Miscellaneous
Internet Trading:
If funds are held in Morrison Securities Trust Account
If funds are held in a linked Macquarie/Adelaide Bank CMT Account or a linked Margin Lending Account
Transaction Value
Brokerage (ex GST)
$0.01 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +
$20.00
$40.00
0.05%
Transaction Value
Brokerage (ex GST)
$0.01 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +
$30.00
$50.00
0.06%
Note: These commissions are for CHESS sponsored accounts only and are charged per order per day. GST would be charged in addition to the above charges
Phone Trading:
Transaction Value
Brokerage (ex GST)
$0.01 - $40,000.00
$40,000.00+
$40.00
0.10%
Note: GST would be charged in addition to the above charges
One-Off Sale or Deceased Estates:
Transaction Value
Brokerage (ex GST)
$0.01 - $50,000.00
$50,000.00+
$50.00
0.10%
Note: GST would be charged in addition to the above charges
Trading Platform Subscription
WebIRESS
Number of Trades
Monthly Subscription
0 – 9
10+
$100
FREE
Note: GST would be charged in addition to the above charges
The above charges are payable in advance on the last day of the previous month and the appropriate rebate will be given at the end of the month
HTMLIRESS
Number of Trades
Monthly Subscription
1+
FREE
For access to htmlIRESS, a minimum balance of $5000 must be maintained in the trading account
The table below explains our standard commissions for trading ASX CFDs. If you currently pay lower commissions than the ones listed below, please contact us on 1300 886 010 or morrison.admin@morrisonsecurities.com. We are confident that we will be able to match them!
Internet Trading:
Transaction Value
Brokerage (ex GST)
$0.01 - $12,500.00
$12, 500.00+
$10.00
0.08%
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Phone Trading:
Transaction Value
Brokerage (ex GST)
$0.01 - $40,000.00
$40,000.00+
$40.00
0.10%
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Interest:
Open Long Positions
You pay RBA Base Rate plus 1.5%
Open Short Positions
You receive RBA Base Rate minus 1.5%
Trading Platform Subscription
WebIRESS
Number of Trades
Monthly Subscription
0 – 9
10+
$100
FREE
Note: GST would be charged in addition to the above charges
The above charges are payable in advance on the last day of the previous month and the appropriate rebate will be given at the end of the month