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ANZ Share Investing

Looking for a reliable broker to help you in your online trading journey? ANZ Share Investing might be exactly what you need.

anz share investing

Read on to find more about the broker. ANZ Share Investing is an online trading broker that offers a wide variety of financial instruments including ETFs, managed funds and shares—both Australian and international.

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It is owned by the Australia and New Zealand Banking Group, a member of the big four Australian banks. ANZ Share Investing was established in 1998 as a trading platform called E*Trade Australia. Over the years, the platform has grown become one of Australia’s leading online trading platforms.

Details
Type of broker Online only
Available markets Hong Kong Stock Exchange, ASX, London Stock Exchange, New York Stock Exchange, Tokyo Stock Exchange, and NASDAQ
ASX products Shares, ETOs, , warrants, and IPOs

Regulation

ANZ Share Investing is a regulated broker by the Australian Securities and Investments Commission. It is recognized as a financial service provider with a license to operate in Australia. As such, you are assured it is legit, and your funds will be safe.

How to join ANZ Share Investing

You need to be over 18 years old and be an Australian or New Zealand permanent resident to be eligible to trade on ANZ Share Investing. To get started, visit the company’s website on your browser and navigate to the click on the green Apply Now icon.

If you’re an existing ANZ customer, you’ll be asked to provide your customer reference number, and the application will be auto-filled. You’ll also be given an option to choose how you want whether you want to trade i.e. either with cash or with ANZ an investment loan.

ANZ shares

On the other hand, if you’re a new customer without an existing ANZ account, you’ll be asked to provide your personal information including contact details, bank account details, email address, and tax file number. You’ll also be required to verify your identity by submitting a copy of either your Medicare card, passport or even driver’s licence.

Features of ANZ Share Investing

Here are some of the key features traders on ANZ share investing get:

Market research

Here is an area where ANZ share investing does well. Customers get access to the expert-recommended trading ideas, trading charts and analysis from industry-leading analysts like Intelligent Investor and Morningstar. The platform also has a filter to help you quickly find stocks you’re interested in as well as stocks that are commonly traded by other traders.

Account access

You can access your account and execute trades by using the online platform or use the ANZ application. Active traders have an option to upgrade to the Pro package that comes with advanced resources and tools.

Alerts

Even the best traders occasionally forget to make trades at the opportune time. To avoid this inconvenience, ANZ share investing sends SMS and emails alerts to its customers when specific trading conditions are met.

Linked ANZ cash settlement account

Upon joining ANZ share investment account, customers get a linked ANZ cash investment account through which they can fund their trading accounts. Dividends are also paid to this investment account. The investment account has an interest policy as well that’s based on a tiered system.

SMSF Management & Tax Reporting

SMSF get the best environment to manage their investment here. The tax tool provides a brief of all activities and events in a financial year for easy reporting.

Markets

ANZ Share Investing offers the following instruments that customer can trade:

  • Australian shares
  • International stocks on 11 overseas markets spread across North America, Asia, and Europe
  • Margin lending
  • Exchange Traded Funds
  • Australian and international Managed funds
  • IPOs
  • Warrants
  • Options

ANZ Share Investing service levels

The company has two service levels, each with different features. Your account service level determines the access you get to tools & resources like charting tools, share quotes, company announcement and market depth.

The lower basic account is available for all customers, however, it lacks access to market depth and real-time price quotes. The standard account costs a quarterly fee of $19.95 for customers that don’t meet the qualification criteria, but it is free for those that do. It comes with access to all trading tools and resources.

Trading Platforms

ANZ Share Investing has two trading platforms – standard and pro.

The standard platform is much suited to beginners as it easy to use. It has a comprehensive suite of trading tools as well. On the standard platform, customer can carry out research, analyze their performance and access real-time and dynamic live market data.

The pro platform is more advanced and thus suited to frequent traders. It comes with technical tools and upgraded functionality to help users adapt to changing conditions. Here you can access ASX announcements & Reuter’s news, identify market trends using professional charting package, and even customize view with multi-monitor display.

Deposit & Withdrawal

There are different ways to deposit funds into your account. You can use ANZ internet banking if you have an ANZ account, electronic credit through another financial institution, in-person at a bank, or through scheduled automatic deposit. Your deposited funds will be processed on the same day (if the transaction is made before 12:45pm AEST that day) and indicated in your account the next day.

You can only withdraw funds to an ANZ account of choice through ANZ internet banking. Withdrawals are also processed on the same day if requested before 12:45pm AEST. Note that there are a few restrictions in terms of the frequency and amount you can deposit or withdraw.  The initial deposit when joining is $1,000 and the minimum subsequent deposit is $100.

ANZ Share Investing brokerage fees

Here is a breakdown of brokerage fees at ANZ Share Trading:

Australian shares, warrants and ETFs

Online brokerage

  Fee
Trade value 1st order placed per calendar month 2nd and  subsequent orders
per calendar month
$0 to $5,000 $19.95 $19.95
$5,001 to $10,000 $24.95 $19.95
$10,001 to $18,000 $29.95 $19.95
$18,001 to $28,000 $29.95 $19.95 or 0.11% of
the trade value, depending on the greater amount
$28,000 and above 0.11% of the trade value 0.11% of the trade value

Telephone brokerage

Trade value Fee
$0 to $15,000 $69.95
$15,001 to  $55,000 0.40% of the trade value
$55,001 to $1,000,000 0.35% of the trade value
$1,000,000 and above 0.13% of the trade value

Telephone brokerage

Trade value Fee
$0 to $20,000 $66
$20,001 to $37,500 $90.75
$37,500 and above 0.22% of the trade value

International shares

Brokerage fee

Trade value Fee
$0 to $10,000 $59
$10,000 and above 0.59% of the trade value

Additional Fee

Fee type Amount
Electronic transfer in $20 per holding
Physical transfer in $50 per holding
Transfer out $100 per holding
FX Spread Up to 0.60% of the FX rate
US Markets SEC fee 0.00231% on sell orders

Options

Online brokerage

Options Premium Fee
Per leg $34.95 or 0.33% of the trade value, depending on the greater amount
Exercise/Assignment of Equity Options $19.95 or 0.11% of the trade value + ($0.55 multiplied by contracts exercised)

Telephone brokerage

Options Premium Brokerage fee
Single leg $38.50+ the tandard brokerage rate

 

Customer support

Customer support is available via telephone, email, fax, and mail. The support team is available on all weekdays between 8 am to 8 pm Australian Eastern Time.  You can contact ANZ Share Investing support team via 1300 658 355 or +61 3 8541 0458 (for international customers).

The platform also features a comprehensive and well-structured learning centre where you can access the FAQ section. The questions in this section are categorized based on their topic under the Table of Content. You can get solutions to the commonly asked questions, including the basics of how to trade shares and manage your account. The learning centre also has a Documents section where you can get articles on different topics.

Pros and Cons of using ANZ Share Investing

Pros

  • Has a wide range of markets including international ones where you can trade instruments in established overseas exchanges
  • Ideal for both beginners and experienced traders. Beginners can use the standard platform as it is user-friendly whereas experienced traders will feel home on the pro platform
  • Customers can use the standard ANZ application to place trades and manage their account

Cons

  • The platform lacks a dedicated phone application. Instead, users only get the standard ANZ application
  • Brokerage fees are high for phone trades which makes it inconvenient to execute trades on the phone

Conclusion

ANZ Share Investing is a good choice for anyone looking to get into online trading. It comes with all the essential features and tools that make trading a breeze. In addition, it offers a variety of markets to its customers. Customer support is also decent. As it is regulated and backed by one of the biggest banks in Australia, you can trade at peace, knowing your funds and profits are secure.