Features & Benefits
CommSec website DNA enhanced with adviser features
Enjoy the experience and innovation of the leading CommSec online trading platform plus additional features for advisers trading on behalf of clients.
Dedicated adviser support
Benefit from the support of our dedicated adviser services team and Transition Services team to assist you to migrate your clients.
Straight through processing
Get trades to market faster with straight through processing.
Execute more trades in less clicks
Save time and trade efficiently with ‘Multi-Stock, Single Client’ or ‘Single Stock, Multi-Client’.
Integrate your business
Integrate CommSec Adviser Services Trading with your planning software via
data feeds.
- Adviser logic
- BGL
- COIN
- Class Super
- Midwinter
- Platform Plus
- Xplan
Flexible Subscription Packages
Customise research and market data services to suit your needs with our enhanced subscription packages.
View access for clients
Let clients keep track of their own portfolio while you stay in control of their investments.
Customisable for your business
Add your branding to client confirmations and reports, tailor brokerage and customise the homepage to suit your needs.
Free Day Book Report Emails
Subscribe to a daily report on completed and pending trades, upcoming settlements and other useful information to manage whole-of-book positions efficiently.
Other Fees and Charges
| Commsec Adviser Services Information and Reporting |
Price |
| Fail Fees - Buys1 |
$55 or 0.11% per day plus 15%(p.a.) calculated daily on outstanding amounts per day |
| Fail Fess - Sells |
$27.50 per day plus ASX fail fees (greater of $110 or 0.11% per fail per day to a maximum of $5,500 per day) |
| Invalid online SRN Sale |
$27.50 |
| Cancelled Confirmation |
$27.50 |
| Off Market Transfer |
$27.50 per line |
| SRN Request |
$16.50 |
Notes
1 Base price, $ or % value applies dependent on whichever is the greatest.
Payment of Fees
Fees including but not limited to those listed above may be offset against amounts payable to your dealer group on your behalf, as set out in your dealer group agreement.
Fees and charges include but are not limited to those charges listed above. For more information on fees and charges please contact 1800 252 351 or your Business Development Manager.
About CommSec Adviser Services Trading
Who is it designed for?
- Dealer groups, advisers, stockbroking firms and other intermediaries looking for an out of the box direct trading solution.
What features do you receive?
- Branded confirmation notes & reports
- Dial Up/Down brokerage
- Basis of advice capture
- Access levels to suit your business model
- Data feeds including XPLAN; BGL; VisiPlan; COIN; Class Super
- Conditional orders
- Watchlists and Alerts
- Real-time market data and news
- Upgrade your experience with a range of additional subscriptions including dynamic data with MarketPro
How do we support you?
- Dedicated adviser desk for phone trading and support
- Dedicated relationship manager
- Business development assistance
- Assistance with business transition to CommSec Adviser Services
- Client and Adviser account origination and maintenance services
- Reporting at client, adviser and Dealer Group level
- Billing and invoicing
- Direct Debit; BPAY®; Cheque; Third Party Margin Lenders; Delivery Versus Payment (DVP) and Custodial settlement facilities
- Algorithmic trading support for large or complex orders
BPAY is registered to BPAY Pty Ltd ABN 69 079 137 518
Products
The CommSec Adviser Services Online Trading platform offers a wide range of trading products and services so you can offer your clients a complete service. Whatever your clients’ trading needs, we have a solution. Learn more about these and other features with the CommSec Adviser Services User Guide (PDF).
Options
Options are suitable for experienced investors looking for more sophisticated investment alternatives. They can offer a powerful and flexible tool that can be used to enhance a portfolio in a number of ways:
- Profit from a view, no matter whether the market is moving up, down or sideways
- Access the underlying stock for a fraction of the cost of a direct investment
- Earn extra income from a portfolio by writing Options and receiving a premium
- Protect (or ‘hedge’) existing investments by guaranteeing the sale price, regardless of market movements
Options strategies range from the simple to the complex and can be tailored to suit investment goals and appetite for risk. Like any derivative product, Options can involve risk, and all investors and advisers must have a clear understanding of this before trading.
To trade Options on behalf of your clients:
- Download and read the ASX Booklet Understanding Options Trading (PDF)
- Download, read, complete and sign the "Exchange Traded Options Product Disclosure Statement (PDS) and Application" located under the Forms tab above
- To take up Tier 2 Options trading you will need to complete the ”Trading Level Upgrade” form found within the “Exchange Traded Options Application PDS and Application” or located under the Forms tab above.
Warrants
Warrants are unique trading instruments that are issued by banks and other institutions and traded on the ASX and Chi-X. Warrants are 'non-standard' - in other words, each one is different and will offer different features. Depending on the features of the individual warrant, you can use them to:
- Gain leveraged exposure to an underlying share
- Diversify your portfolio
- Generate income through dividends and franking credits
- Protect your portfolio
You need to read the Product Disclosure Statement provided by the issuer of a warrant to assess its features and whether it meets your trading and investment purposes, before you decide to invest.
To start trading Warrants on behalf of your clients:
IPOs
IPOs through CommSec Adviser Services provide the opportunity to get priority access and provide a value add for clients. Access IPOs for your clients and subscribe to alerts, so you’ll know about new offers as soon as they're available.
Conditional orders
Conditional orders2 allow you to specifically implement trading strategies on behalf of your clients. Below is a brief description of the conditional orders we offer:
- Falling sell: Instruction to place a sell order on the market at a limit price when the security price falls to or below a pre-determined price you have established as a trigger price.
- Falling buy: Instruction to place a buy order on the market at a limit price when the security price falls to or below a pre-determined price you have established as a trigger price.
- Rising sell: Instruction to place a sell order on the market at a limit price when the security
price rises to or above a pre-determined price you have established as a trigger price.
- Rising buy: Instruction to place a buy order on the market at a limit price when security price rises to or above a pre-determined price you have established as a trigger price.
- Trailing sell: Instruction to place a sell order at a Market price when the security price rises to or above a level you have set as your trail start price; and then experiences a fall equal to or greater than the trail stop value you have set.
- Trailing buy: Instruction to place a buy order at a Market price when the security price falls to or below a level you have set as your trail start price; and then experiences a rise equal to or greater than the trail stop value you have set.
Please read the Share Trading Terms & Conditions for important information and risks regarding conditional orders.
2Triggers for conditional orders are limited to prices on the ASX.