What are the fees for Marketech?

Access to live data incurs a cost from the ASX (and Cboe), which we need to cover so we decided that, unlike most of our competitors, if we charge a flat rate to cover the data cost, then we can pass the cost of brokerage straight on to our clients. That way, you get the best possible brokerage rate, and we get to concentrate on building the best possible trading platform.

We have a range of platform access options available to suit all needs – from casual market observers to active traders. Access to our platform is available at no cost via our  FocusLite , enabling all traders to take advantage of our market analysis tools, ASX data on a 20-minute delayed basis. If you are trading a couple of times a month and only infrequently viewing the live markets, then FocusPlus  should be more than sufficient, with live click-to-refresh ASX data, market analysis tools, and low brokerage fees.

Our most popular FocusPro  tier is available for $45 per month, delivering live-streaming price data, market analysis tools, and low brokerage fees as well as additional features such as multi-chart and multi-screen functionality, unlimited watchlists and unlimited news/price alerts.

Marketech aims to be the best value platform for trading (ie highest functionality at the lowest cost) in the market.  For both FocusPro  and FocusPlus users the brokerage rate is $5/0.02% ie for trades of $25,000 or less the charge is $5; trades over $25,000 are charged at 0.02%.  For most traders who trade more than 4 times per month, the cost of the subscription is more than outweighed by the lower brokerage fees compared to most other online brokers, meaning that the overall cost to trade is significantly lower.  For FocusPro  and FocusPlus users who want to view the full market depth, and select all market order destinations, they can also elect to subscribe to Cboe data as an optional extra, for $20 per month.

We utilise Openmarkets for our settlement and trade service.  For a list of administration costs (e.g for off-market transfers etc) from Openmarkets, please refer to Part 2 of our FSG.

# Not likely to be trading this month? FocusLite is designed to provide you the ability to maintain access to your trading account, and the market, for free.  Then when you’re ready simply upgrade again to start trading.”

* All orders automatically check the Cboe market when placed, however only Cboe listed ETF orders can be placed directly into the Cboe market, unless optional Cboe data upgrade is selected.

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• Is there a fee to open an account?

  There are no fees associated with opening a trading account (or linked cash account) with Marketech however, you must have a current subscription to our Marketech Focus trading platform to be able to trade. Click here for information on our trading ...

• Are there any fees associated with the Macquarie CMA?

  There are no account keeping or transaction fees incurred by the client on the Macquarie CMA.

• Are shares purchased through Marketech CHESS sponsored?

  Yes, all shares bought through Marketech are CHESS sponsored in your account name.

• Why is the ASX news delayed 20 minutes?

  The ASX has put a premium on live news articles and at this time, is not feasible at the platforms current price point. However, this is a feature that we will look to add on in the near future.

• Can I place conditional orders on Marketech Focus?

  Conditional orders are those which will only be placed in the market if/when certain price criteria (Trigger Price) are met. We offer Conditional Orders (including Conditional/Stop Orders and Trailing Stop Orders) for FocusPro subscribers only. While ...