Capitalise on investment opportunities from around the globe with direct access to 11 international markets from the one BID account.
Why go international?
Invest in markets across the world and in best known brands such as Amazon, Apple, and Google.
Diversify your portfolio and access industry sectors and businesses that may not be available in Australia.
Invest internationally through a variety of investment options - listed securities, ETFs, listed investment companies, exchange traded options and mFunds.
|United Kingdom||Hong Kong|
Direct access to all markets from the one account
Select a country from the drop-down menu in the top right hand side of the home page and you will see stock information relevant to that market. You can also search all trading instruments across all markets by using the search bar on the top left of the screen. Simply type in the instrument code and then select your preferred match. We’ve included the country’s flag next to the instrument code to help make this selection easier.
Please note: This feature is not available for phone only or margin lending accounts.
BID makes it easy
Easy to trade
Simply open an order ticket in the usual way, enter the stock code, select Buy or Sell and fill in the information as you would for domestic stocks.
Be in the know
Access live news feeds and breaking financial news from around the globe and get live streaming data for US exchanges.
Finger on the pulse
Stay on top of stocks you are interested in by saving them to a watchlist and monitor them on the go through the BID app.
International trading FAQs
All new and existing BID accounts with a linked cash account have this feature enabled.
Please note: this feature is not available for phone only or margin lending accounts.
Yes, to accommodate international trading we have made some changes to the way you navigate the platform and to some of the platform features:
- A new drop-down menu in the top right-hand side of the homepage lists available country views. After you select a country, it will show stock information relevant to that market
- A new ‘Products’ menu replaces the previous ‘Markets’ menu
- A new intuitive search feature enables you to:
- filter queries by keywords, code, company name and much more
- create and save queries for future use
- The ability to add domestic and international stocks to the same watchlists
- The ability to view the FX rate and FX buffer from a Buy ticket when you purchase a foreign stock.
Please note: this feature is not available to phone only or margin lending accounts.
Placing an international shares order is much like placing one for domestic shares.
Simply open an order ticket in the usual way, enter the stock code, select either Buy or Sell and fill in the required information as you would for domestic stocks.
For further assistance you can contact our Client Services support team online with live chat.
Our international shares offering gives you access to trade on major exchanges in eleven different countries, including the USA, Canada, UK, Japan, Germany and Hong Kong.
No, international shares are available and automatically enabled for all new and existing BID accounts with a linked cash account. Simply log in to the platform and search for an international stock.
The W-8BEN form is a legal document applicable to non-US residents who invest in US shares. It is required by the IRS (Internal Revenue Service) in order to declare your tax status.
If you do not complete the form, you may be subject to the US Treasury withholding tax on US investments held on your share trading account.
The W-8BEN allows foreign investors to claim special tax treaty benefits, including a reduced rate of withholding tax.
The BID platform offers an integrated online solution provided by Thomson Reuters that enables eligible account holders to complete and lodge a W-8BEN form.
Yes, BID provides four different forms through our online solution.
Depending on your account type and your responses to initial questions, Thomson Reuters will automatically select the appropriate form:
- W-8BEN – to be completed by individuals. A separate form is required for each account owner in the case of joint accounts
- W-8BEN-E – to be completed by a company, complex trusts (e.g. superfund accounts) where the recipient entity is the beneficial owner of the dividend
- W-8IMY – to be completed by entities where investment income is received in an intermediary capacity and is subsequently distributed to beneficiaries (e.g. Discretionary trusts)
- W-9 – to be completed by US Persons.
All international share orders placed on our stockbroking platform are executed by Morgan Stanley.
International securities are held on behalf by BID appointed sub-custodians detailed in the table below.
|Local Jurisdiction||Specified Sub-Custodian|
|Belgium||BNP Paribas Securities Services, Brussels/Paris|
|Canada||RBC Investor Services, Toronto|
|France||BNP Paribas Securities Services, Paris|
|Germany||BNP Paribas Securities Services, Frankfurt|
|Hong Kong SAR||BNP Paribas Securities Services, Hong Kong|
|Japan||Hong Kong and Shanghai Banking Corp Limited, Tokyo|
|Netherlands||BNP Paribas Securities Services, Amsterdam/Paris|
|Singapore||BNP Paribas Securities Services, Singapore|
|Switzerland||BNP Paribas Securities Services, Zurich|
|UK||BNP Paribas Securities Services, London|
|USA||BNP Paribas, New York|
A custody fee is for:
- Holding your international shares and maintaining a consolidated international portfolio on your behalf; and
- Issuing distributions that result from mandatory corporate action events for your shares (such as dividends and bonus issues); and
- Providing statements that reflect these events.
A fee of 0.50% p.a. is applied monthly based on your foreign asset holdings value excluding cash.
The minimum number of shares per order can vary across different markets. If an order is unacceptable to the relevant exchange, you will be notified on the order ticket of the changes you need to make to process the order.
The minimum transfer amount for international shares is AU$10,000.
If you currently hold international shares with another broker, we can transfer those shares to your BID account if the value of the shares are over AU$10,000.
All share certificates will need to be dematerialised (where physical records are replaced with a paperless computerised system) prior to being transferred in.
We cannot accept share certificates.
Buy orders will also incur an additional 2% buffer* from the time of order placement as a protection against currency movements. Any excess buffer will be unlocked on order execution.
This ensures that you will have sufficient funds in your account to cover any foreign exchange fluctuations from the time your order is placed to when it is filled in the market.
Please note: we will only debit the final foreign exchange amount from your account once the order has filled in the market.
*The FX buffer currently applied to international share orders is 2% of the trade value and is subject to change.
|Online orders||Phone orders|
$29.95 per trade
Up to $5,000
$39.95 per trade
$5,001 - $10,000
$52.95 per trade
Up to $5,000
$62.95 per trade
$5,001 - $10,000
0.41% + $23.00 >$10,000
|Other markets||Other markets|
|$69.00 per trade
|$92.00 per trade
0.41% + $23.00 >$10,000
The exchange rate for international transactions is calculated at the time of execution and is based on the best available bid/offer exchange rates, plus a spread of just 0.60%.
International trading appendix
|Country||Transaction Tax||Stamp Duty||Trading fee||Clearing Fee||Security Fee||GST|
|Belgium, Canada, Germany, Japan, Netherlands, Switzerland, USA||-||-||-||0.0231% Sell orders (US Markets only)||-|
|France||-||-||0.3% Buys only||-||-|
|UK||-||0.5% Buys only||-||-||-|
|Service||Fees & Charges (incl. GST)|
|Electronic transfer (in)||$20 per holding|
|Physical transfer (in)||$50 per holding|
|Transfer (out)||$100 per holding|
|Custody fee||0.50% p.a. minimum $10|
|Currency conversion||Displayed on platform|
|FX spread||Up to 0.60%|
|FX buffer on buy orders||2% or as displayed on the platform|
|Account documentation fee (applied to relevant accounts that have not supplied a W-8 or W-9 form)||$50|
|US Markets SEC fee||0.00231% on sell orders|
|Stamp Duty||Displayed on the platform if applicable|
|Exchange||Code||Local time at exchange|
|Hong Kong Stock Exchange||HKEX||12.00 - 13.00|
|Singapore Exchange||SGX||12.00 - 13.00|
|Tokyo Stock Exchange||TSE||11.30 - 12.30|
Dedicated customer support
We operate Monday to Friday, 7.30am - 5.30pm Sydney time (excl. public holidays).
Potential risks associated with international trading
International shares are converted to and from the local currency (foreign exchange fees apply) when you buy and sell, so movements in currency could enhance or reduce returns.
Shares can drop in value, meaning you will make a loss if you sell your shares at a lower price than what you purchased them for.
Income from foreign investments is treated differently to Australian investments, so you may need professional tax advice.
The international trading feature is not available for phone only or margin lending accounts.
Bendigo Invest Direct
Bendigo Invest Direct is a service provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL No. 246381 (“CMC Markets Stockbroking”), a Participant of the ASX Group (Australian Securities Exchange), SSX (Sydney Stock Exchange) and Chi-X (Chi-X Australia) at the request of Bendigo and Adelaide Bank Ltd ABN 11 068 049 178, AFSL 237879 (“Bendigo"). This is general advice only and does not take your personal objectives, financial situations or needs into account. For a copy of the terms and conditions relating to the Bendigo Invest Direct services and the Financial Services Guides (FSG) for CMC Markets Stockbroking or Bendigo (or other relevant disclosure documents), contact us on 1300 788 982 or via email at firstname.lastname@example.org. Neither CMC Markets Stockbroking nor Bendigo are representatives of each other. To the extent permitted by law, Bendigo will not guarantee or otherwise support CMC Markets Stockbroking’s obligations under the contracts or agreement connected with Bendigo Invest Direct.