THIS SERVICE IS CURRENTLY IN BETA LAUNCH AND AVAILABLE TO PARTICIPATING CLIENTS ONLY
OpenMarkets international share trading service offers access to trade major US stocks on NYSE and NASDAQ at just $13.95 or 0.07% per trade! Available only on our new Equix trading platform, you can now invest in stocks like Amazon, Google and Netflix alongside your ASX investments, with trades settling from the same linked cash account.
For more information on how to apply and how trading US stocks through Equix works please see our Frequently Asked Questions below.
To trade US shares at OpenMarkets you will need to apply for US trading access on your OpenMarkets account by clicking here and signing up to participate in our OpenMarkets Equix beta launch.
Please note: before US trading access can be enabled, you will be required to submit a W-8 Form and submit to OpenMarkets. Learn more about W-8 forms here.
Our international share trading service is only available through our new OpenMarkets Equix trading platform and shortly our mobile app (coming soon on the App Store and Google Play).
The service is not currently available through WebTrader, Pulse or the Iress trading platforms.
Currently our international share trading service provides you with access to major US stocks on the New York Stock Exchange (NYSE) and Nasdaq Stock Exchange. This includes popular stocks like Amazon, Google, Cisco and Netflix.
We expect to add major European and Asian markets in 2019.
Our brokerage cost per international share trade is just AUD$13.95 or 0.07% per trade (ex GST).
A foreign exchange fee of 0.60% is also charged at the time of trade.?The exchange rate is calculated at the time of execution and is based on the best available bid/offer exchange rates made available to OpenMarkets via the international broker.
There are no custody fees involved with OpenMarkets International share trading service.
To place an order in OpenMarkets Equix:
Click on the menu icon and select Order Pad
Enter US stock code in the appropriate field (and see the previous day’s closing price)
Select either the Buy or Sell button
Enter a Limit Price and desired quantity of shares. The Order Pad will calculate the total trade value including brokerage. (For Buy orders it will apply a 5%?FX buffer to protect against currency movements.) Please note Limit Order will purge after 30 days.
Hit the Buy (green) or Sell (red) button to submit your order
Enter your Security PIN to confirm your order