If SelfWealth were to go into liquidation, your funds would still be safe as they are part of a closed trust at ANZ.

Also was the 250K backed by the government in reference talking only in regards to the Anz account you will have to create to deposit funds ?1. This means when you sign up for a trading account with SelfWealth, you'll also automatically receive a cash account with ANZ to settle your trades through. In March 2020, SelfWealth implemented the option for you to apply for additional trading accounts under your login. With SelfWealth, it is possible to transfer your existing share portfolio with them. You will have a separate cash balance for each trading account you hold. An interesting medium for an online share trading broker.On of the key features spoken about at the top of this review is the fact that SelfWealth offers flat fee, cheap brokerage costs of just $9.50 per trade, no matter the size.All funds are held in a SelfWealth trust account, within an ANZ bank account. You can find some useful information on transferring shares I am looking at investing in ETFs and am trying to decide on a broker. We encourage you to use the tools and information we provide to compare your options.Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.

They offer a suite of online tools which helps to compare the performance of your investment portfolio with other investors of similar size.Through the SelfWealth share trading platform, traders are able to access a number of features that make their experience unique. I hope all is well with you. Cheap, flat-fee brokerage.

Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. Start saving now! You are also not required to place a certain number of trades each month to avoid an account inactivity fee. To change which cash account you would like your membership fee to be deducted from click on the drop down arrow located in the Portfolio information box. Only $9.50 per online trade. Read on to learn more about some of the features and costs that trading with SelfWealth offers, as well as helping you apply in just a few simple steps.

This fee is charged to you directly by OpenMarkets, on your authority they will debit the fee directly from your SelfWealth cash account. Please note that transfers take 1-2 business days. Check out our international share trading guide if you're interested in buying international shares from Australia.Yes, you're able to create a SelfWealth account with your self managed super fund. Give your savings the boost they need. I hope all is well with you. Once the ETF closes, your fund should be liquidated already. You should consider whether the products or services featured on our site are appropriate for your needs. Compare some of these key features against other share trading platforms and weigh up which aspects are most meaningful to you.SelfWealth are known for their flat-fee brokerage service. If this were to happen, it would be a simple matter of contacting ANZ and organizing for your funds to be transferred into your personal account.

Nicknames are used for your name and dollar amounts are shown as percentages when displayed in this section.Yes, all shares purchased through SelfWealth are CHESS sponsored.No, international share trading is not currently available.

That means if SelfWealth were to go bankrupt your shares remain safely stored and you could take your HIN and holdings and transfer them to another broker.2. However, we aim to provide information to enable consumers to understand these issues.Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. On the other hand, Issuer Sponsored Shares are managed by the issuer of those shares via the issuer's share registry. The home of Australia's cheapest share brokerage.

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