When you register for share trading with ASB Securities, we’ll open an ASB Cash Management Account for you. This will be your default account for settling your trades, which means whenever you buy or sell shares, funds will be automatically debited from, or credited to, your account.
You can use your ASB Cash Management Account to trade in any market, but if you trade regularly in an overseas market it may be more convenient to settle your trades using an ASB Foreign Currency Account for share trading.
ASB Cash Management and ASB Foreign Currency for share trading accounts are the only accounts you can use to settle your trades when trading through ASB Securities.
|
Credit balances
|
Interest rate
|
|---|---|
|
$0 - $49,999.99 |
0.00%
|
|
$50,000+ |
1.00%
|
Account fees
There are no account fees for the ASB Cash Management Account, but standard service charges and foreign exchange fees may apply.
A monthly fee for an overdraft exceeding $20.00 where there is no arranged limit in place.
Unarranged overdrafts will be charged a penalty interest rate for every day the account is overdrawn.
Are you ready to join ASB Securities?
Email us if you'd like help to get started.
Contact the ASB Securities team from 7am to 6pm NZT, Monday to Friday.
DIY share trading is easy and convenient with Online Share Trading. It offers a powerful set of tools to help you make informed decisions, buy and sell shares and monitor performance.
If you're looking to trade shares in an international market, the ASB Foreign Currency Account can provide a simple, cost-effective way for you to settle your international trades.
Buying and selling shares is easy with ASB Securities. Trade New Zealand and Australian shares online or access international markets through our broker team.
Exchange traded funds, or ETFs, can provide a simple and affordable way to get an investment in multiple companies, bonds and other investment types - all in one go.
ASB Securities Limited is an NZX firm. When you trade on the NZX markets through ASB Securities you must comply with NZX rules as outlined in the ASB Securities Trading Conduct for Online Share trading. ASB Securities terms and conditions apply. Pricing data supplied by ASX and/or NZX. ASB Cash Management Account, ASB Foreign Currency Account, ASB Margin Lending and ASB Term Deposits are provided by ASB Bank Limited. ASB term's apply. Rates and fees may change. Refer to asb.co.nz for other fees and charges. This page does not have regard to the financial situation or needs of any reader. As individual circumstances differ, you should seek appropriate professional advice. See the ASB Securities glossary for share trading and investment terms or Morningstar for research terms.
