We have a business relationship with Moomoo, which offers a global investment and trading platform for shares. With Moomoo Share Trading, it is possible to invest in Australian and International Shares.
As part of our relationship with Moomoo, for all Funds who only hold a Moomoo and Macquarie bank account, we charge a lower annual fee of $82.50 per month or $990 per year. When submitting an application for a new SMSF through our website, please list in the notes of the application that this is your intention.
For more guidance on shares and related investments using your SMSF, see our share investment page.
Using the Macquarie Cash Management Account and the linked broker account may be a good option as this is tailor-made for SMSF’s (your choice to use is, though). You can now link your Macquarie Cash Management Account (CMA) with Macquarie’s Online Trading. This is an online trading platform to buy and sell Australian shares.
Macquarie Online Trading allows your Fund to trade Australian equities and ETFs from your computer, mobile or tablet. When you trade, the Online Trading is linked to your Fund’s Macquarie CMA. The brokerage fees is charged at the greater of $19.95 or 0.12% of the trade value. Trustees that prefer to speak to a broker can do so, but there is an extra fee involved.
Benefits of Online Trading:
- Competitive fee
- Account can be viewed by us
- Account can be downloaded to BGL
- Mobile trading platform
