Macquarie Online Trading

Macquarie Online Trading is closed to new applications from Wednesday 22 January 2025.

After Saturday 22 February 2025, Macquarie Online Trading will transition to Bell Direct for retail clients and Desktop Broker for advised clients – online share trading platforms offered by us, Bell Financial Group (Bell).

Importantly, the online trading experience will remain largely the same. You will gain access to some additional digital features which will further enhance your online trading experience, including a dedicated Bell mobile app and access to trade on US markets.

Here’s what you need to know

What's changing?

Macquarie Online Trading has been powered by Bell’s technology platform for a number of years but branded by Macquarie. This arrangement is ending after Saturday 22 February 2025, and your trading account will be provided directly by Bell. This means you’ll become a Bell client for your trading account.
Your online trading experience will become Bell branded and you’ll gain access to some additional features which will further enhance your online trading experience.
Once the transition is complete, retail clients will be able to view their trading balance and access their account via the Bell website at www.belldirect.com.au. Clients with an adviser appointed on their account can view their account at www.desktopbroker.com.au.
After Saturday 22 February 2025, Macquarie Online Trading accounts will no longer be visible when you log into Macquarie Online or the Macquarie Mobile Banking app.

What's not changing?

Brokerage fees on your online trading account will remain the same. You can view Bell Direct fees at belldirect.com.au/fees/mot. Please speak to your adviser for more information about your Desktop Broker fees.
Your Macquarie Cash Management Account, and any other accounts you have with Macquarie, won’t change and you can continue viewing your account, by logging into Macquarie Online or the Macquarie Mobile Banking app.
Under your new Bell product, your existing direct debit and/or transactional authorities won’t change and will stay with Third Party Platform Pty Ltd (wholly owned by Bell). Any other third party authorities you’ve previously approved will also remain in place.
If clients have a margin loan, it will be retained as part of the transition to Bell and will continue to act as the primary settlement account.

What if I have an adviser linked to my account?

You’ll be transitioned to Bell Financial Group’s Desktop Broker product, which is an online share trading platform. Your adviser will be notified of this transition and will continue to be linked to your account.

What new features will I get access to?

Most of the product functionality, including the online navigation and trading screens, will remain similar to Macquarie Online Trading, but it will be branded by Bell, not Macquarie.
In addition to this, you’ll gain access to some additional digital features which will further enhance your online trading experience, including a dedicated Bell mobile app and access to trade on US markets. Bell will be in touch with further information on their product.

Will my fees change?

Your brokerage fees will remain the same. You can view Bell Direct fees at belldirect.com.au/fees/mot. Please speak to your adviser for more information about your Desktop Broker fees if you have an adviser linked to your trading account.
You can view the current Macquarie Cash Management Account interest rates here.

How do I view account information online?

Once the transition is complete, retail clients will be able to view their trading balance and access their account via the Bell website at www.belldirect.com.au, and advised clients can view their account at www.desktopbroker.com.au
Your Macquarie Cash Management Account, and any other accounts you have with Macquarie, won’t change and you can continue viewing your account, by logging into Macquarie Online or the Macquarie Mobile Banking app.
After Saturday 22 February 2025, your Macquarie Online Trading account will no longer be visible when you log into Macquarie Online or the Macquarie Mobile Banking app.
If you have a margin loan, it will be retained as part of the transition to Bell and will continue to act as the primary settlement account.
Bell will send you a welcome communication after Saturday 22 February 2025 with details about your new Bell account and how to view your account online.

How do I change my account details?

From Friday 21 February 2025, Bell will be able to support your trading account. For any questions about your Macquarie accounts, including your Macquarie Cash Management Account, please contact us via live chat through Macquarie Online or the Macquarie Mobile Banking app.

For all enquiries regarding Bell Direct, please contact:

Phone: 1300 786 199 (within Australia) or +61 3 8663 2700 (international) from 8am – 7pm Monday to Friday (Australian Eastern Standard Time).

Email: [email protected]

Live Chat: go to www.belldirect.com.au and click on the ‘Help’ button on the bottom-right corner.

For all enquiries regarding Desktop Broker, please contact:

Phone: 1300 726 177 (within Australia) or +61 3 8663 2771 (international) from
8am – 5:30pm Monday to Friday (Eastern Standard Time)

Email: [email protected]

What happens to my trades that haven't settled by the transition date?

All inflight trades will continue to be settled. No further action is required.

Will my account number change?

Your account number will stay the same, but the first three letters (MOT) will be removed.

Will my existing third party authorities be transferred to my Bell Direct or Desktop Broker account?

Yes, any third party authorities that you’ve previously appointed will be transferred to your Bell Direct or Desktop Broker account.

What happens if I have a margin loan on my account?

You don’t need to do anything. Your existing margin loan with Bell Direct will be retained on the account.

Fees and Rates

When you settle your trades via the Macquarie Cash Management Account

Macquarie Cash Management Account

Trading Fees

Any trade value

$19.95 or 0.12%

Whichever is greater

For current interest rate, please visit the Macquarie website here.

Equities and Warrants

Equities & Warrants	Rates
Internet/mobile device equity and warrant trades of any trade value	$19.95 or 0.12% of the value of the trade (whichever is greater).
Phone equity and warrant trades	$49.95 or 0.30% of the value of the trader (whichever is greater).

Phone trading

mFund trades – per Application or Redemption

Online	$30 0r 0.1%, whichever is greater
Phone	$60 or 0.2%, whichever is greater

ETO Trades

Exchange Traded Options (ETO)	Rates
Internet/mobile device ETO trades	$29.95 or 0.30%, whichever is greater + ASX clear transaction fee
Phone ETO trades	$59.95 or 0.40%, whichever is greater + ASX clear transaction fee
ASX clear transaction fee - equity options	A fee of $0.06 up to $0.31 + GST per contract. ASX larger volumes rebate will reduce the fees by 50% after the $1,300 + GST threshold is met each month. Refer to https://www2.asx.com.au/markets/market-resources/asx-schedule-of-fees/cost-of-trading-options for further information

SMS Alert Fees

All SMS charges will be billed directly by your mobile provider

SMS alters (service registration messages are complimentary)

Trade alerts: $0.55 per SMS

Price and company announcement alerts:
$0.55 per SMS

Live and dynamic data fees

Live and dynamic data fees	Rates
Gold (static live data)	$10 per calendar month or FREE after 5 trades per month
Platinum (dynamic data)	$27.50 per calendar month
Silver (20 minute delayed data)	Free
WebIRESS & Platinum (dynamic data)	$106.50 per calendar month
WebIRESS (dynamic data)	$79 per calendar month

Service Fees

Email alerts	FREE
Conditional orders	FREE
Real broker research	FREE, after you've placed your first trade
Comprehensive tax time reports	FREE
Delayed live data (20 minutes)	FREE
Live data per month (FREE after 5 trades per month)	$10.00
Live streaming data per month	$27.50
WebIRESS per month	$79.00
One Second Guarantee	A one second guarantee does not apply when orders are settled via the Macquarie Cash Management account. For eligible market-to-limit orders settled via your Direct investment Account, we guarantee to submit your order within one second. If we fail to do so, you won't pay any brokerage fees.

Other fees & charges

Contract note delivery	Email: Free Post: $3.30
Off market transfer	$55 per stock
SRN query	$16.50
CHESS statement report	$16.50
Fail fees	$110 or 0.16% per day, whichever is greater

We are apart of Bell Financial Group (ASX:BFG) a leader in the Australian stockbroking industry since 1970

Why experienced investors choose secure platforms.

We’ve been around since 2007 and we’re part of the Bell Financial Group, which has over 860 employees operating across 13 offices in Australia, as well as offices in New York, London, Hong Kong and Kuala Lumpur.

Your shares belong to you

When you join Bell Direct, you’ll get or use your own individual HIN, so you have legal ownership of the shares you buy, no questions asked, and no asterisks.

That’s more secure than many of the newer “low-cost” broker platforms, which operate under a custodial or nominee model that pools everyone’s shares, and sometimes cash, together. This means investors do not have legal ownership over their shares. In the event of bankruptcy, or collapse of the platform, investors have limited claim to their shares.