Brokerage & fees
All fees and charges are listed in our Financial Services Guide.
Brokerage rates are typically negotiated between the client and his advisor.
Generally, the brokerage rate is 1.1% (including GST) of the transaction value, subject to a minimum charge.
Cash Management Accounts
Most of our clients operate their State One account with a linked Cash Management Account (CMA).
Our staff can access these accounts to settle all trades on your behalf. The CMAs are held primarily with one of Macquarie, Adelaide Bank, NAB or St George.
The rates of interest paid to the client is variable, and reasonably competitive. No minimum balance or initial investment is required.
How to Pay
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Telephone Internet Banking BPAY |
Call your bank, credit union or building society to make this payment from your cheque or savings account. The BPAY Biller code is 14720 and please contact the State One office for your BPAY Reference Number. Please note that the payment cannot be made from a credit card. For more information please view www.bpay.com.au. | ||||||||
| Direct Credit |
You can transfer funds directly to the State One Stockbroking Ltd. Trust Account The account details you require are:
Please attach your Client Account Number to the deposit to enable us to identify the funds and allocate them to your account. |
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| Direct Debit | Please complete and return a Direct Debit Authority form to your State One Advisor. All purchases will be deducted from your nominated cheque or savings account. | ||||||||
| In Person or by Mail | Fill in the deposit Slip on the reverse side of your Confirmation Note and either deposit a cheque in person at any National Bank Branch, or mail both the cheque and Deposit Slip to State One Stockbroking Ltd. Please note that we do not accept cash deposits at either the National Australia Bank Branch or at our office. The National Australia Bank will charge a cash-handling fee and this will be passed onto the client. |
Non-Australian Resident Accounts
State One currently operates many accounts for Non-Australian Residents, who typically enjoy the benefits of not being subject to Australian Capital Gains Tax or GST.
These accounts are opened on a case by case basis, dependent always upon the location of the client and their ability to meet our compliance checks. State One reserves the right to reject any such application.
Please note that at all times it is the responsibility of the client to ensure that they are legally entitled to operate an Australian equities trading account from their particular domicile.
Non-resident State One accounts must have an attaching active direct debit facility from an Australian bank account.
If you have any specific questions relating to operation of a State One Non-Resident Account please contact us.