Why trade with Bendigo Invest Direct

Easy

Simple to use online platform offering access to both domestic and international markets.

Value

Choose from a wide range of options and features that best suit your trading needs and budget. Find out more about our Frequent Trader Program.

Trusted & secure

Backed by Bendigo and Adelaide Bank - committed to helping customers and communities achieve success for more than 150 years.

APPLY NOW CONTACT US

Learn about Bendigo Invest Direct

Trading with confidence

Bendigo Invest Direct is all about confidence, providing customers with the market leading research, sophisticated analytics tools, speed and access they need to execute trades as they identify opportunities.

Superior research and charts

Access powerful stock trading tools, research and analysis that will help you make better informed investment decisions.

Tax and porfolio reporting

Receive free comprehensive tax and portfolio tracking and reporting from Sharesight™.

Trades executed through BID flow instantly into Sharesight automatically incorporating corporate actions such as share splits and dividends.

Trailing stop loss

Create sophisticated entry and exit strategies for every trade with linked orders at no additional cost.

Improve your risk management by limiting your losses, whilst protecting your gains.

Live chat support

Quicker than a phone call and more convenient than an email, have your queries answered in real-time by one of our client service representatives.

Available:
Monday - Friday 7.00am - 6.00pm (Sydney time).

International trading

BID enables you to diversify your portfolio and capitalise on investment opportunities from around the world with direct access to international markets from the same account.

And with live news feeds with the latest breaking financial news from around the globe, as well as live streaming data for US exchanges, you will have the ability to monitor markets and act quickly all from the one place.

For more on International Trading read our FAQs.

Options trading

Protect, grow and diversify your portfolio. BID provides access to all the tools to create and execute your options strategies.

ASX mFunds

ASX mFunds are fully integrated with the BID platform and a new way to access unlisted managed funds. Using your BID account, you can buy, hold and sell units in unlisted managed funds through a process similar to that of buying and selling shares.

Access

With BID you can trade and manage your investments anywhere, anytime from any device.

Built for the investor on the go, BID offers:

  • Instant access to your stockbroking account to view and manage orders
  • Advanced order ticket with market limit good till cancelled and conditional order types
  • Quick access to watch lists, market news, research and pricing
  • Support for both cash and margin loan funded accounts

Frequent trader program

The frequent program provides you with different options and features so that you can decide the best fit for your needs and budget. Each level provides you with complimentary access to different features and tools based on the volume of trading activity.

Classic

  • <10 trades per month
  • Brokerage
    $19.95
    per trade

Premium

  • 10-34 trades per month
  • Brokerage
    $19.95
    per trade

Trading with purpose

Our customers are helping change lives and save lives simply by trading with us.

When you apply for a Bendigo Invest Direct account, enter a Community Bank® branch of your choice and you will be contributing to your local community with every trade.

APPLY NOW CONTACT US

What level of trader are you?

The frequent trader program provides you with different options and features so that you can decide the best fit for your needs and budget.

Classic

  • <10 trades per month
  • Brokerage
    $19.95
    per trade

    OR
    0.11%
    where value of shares >$22,000
  • Includes:
    theScreener stock level analysis
    Free tax and portfolio reporting with Sharesight™ (up to 10 holdings)
  • Add ons:
    Live data for $10/mth
    Dynamic data for $41.25/mth

Premium

  • 10-34 trades per month
  • Brokerage
    $19.95
    per trade

    OR
    0.11%
    where value of shares >$22,000
  • Includes:
    theScreener stock level analysis
    Free tax and portfolio reporting with Sharesight™ (up to 10 holdings)
    Free live data
  • Add ons:
    Dynamic Data for $41.25/mth

Frequent trader program FAQs

How do I know what level I am on?

Each time you qualify for a new level for the first time, you will receive an alert on the BID platform and an email.

Every other time you change levels, you will receive an email only.

If you qualify for the Premium or Platinum level – a badge will appear beside your account. Black indicates Platinum and red indicates Premium.

What happens if I am unable to trade for a month, will I automatically drop down a level?

Going on holiday or taking a break from trading? No problem, give us a call on 1300 788 982 and we will arrange for your current account package to be maintained.*

*Subject to fair use.

How do I qualify for the benefits?

Some benefits will require you to opt-in.

You will qualify for the benefits based on the levels in which your trading accounts fall. Your highest levelled trading account (classic, premium, platinum) will determine the benefits to which you are entitled.

For Sharesight, you will need to opt-in to create a Sharesight portfolio. You can do this via the Tax and Portfolio Reporting page of the platform.

For live or dynamic market data, you’ll need to opt-in by subscribing to a market data package via the full site – to do this, hover over the settings cogwheel in the top left hand corner of your screen, click on “Market Data” and follow the prompts.

All invoicing for data is done in arrears, so in months where you qualify for free data, you will not be charged.

What other benefits do you offer frequent traders?

If you have an account which is trading 10 or more times per month, you are entitled to benefits other than free market data.

Trade 35 or more times per month (on one account) to gain complimentary access to a package from Sharesight, our tax and portfolio reporting partner, for up to 3 portfolios. You’ll also be entitled to research reports from theScreener.

Some benefits require you to opt-in, see below for more information.

How can I get free market data?

Free data is available when you exceed trade levels. If you place 10 or more trades in a month and subscribe to a live data package, we will not charge you. If you subscribe to a delayed data package, it will always be free, with live prices available on the order ticket where you really need them.

Will I be eligible for the benefits if I trade in large values, but don't trade 10 or more times per month?

Yes, if you generate at least $200 in brokerage you will be eligible for the Premium level. If you generate at least $600 in brokerage you will be eligible for the Platinum level.

Can't find what you are looking for?

CONTACT US

Rates and fees

A Bendigo Invest Direct trading account is free to open with no monthly maintenance fees.

Domestic

Build and grow your investments by accessing all exchange traded securities on the ASX.

ONLINE

Brokerage*
$19.95
per trade

OR

0.11%
where value of shares > $22,000

PHONE

Brokerage*
$69.95
per trade

OR

0.40%
where value of shares > $22,000

* Classic and Premium. Platinum level brokerage is $17.95 per trade - up to $22k.

International

Diversify your portfolio and capitalise on investment opportunities from around the world with direct access to international markets.

  • ONLINE

    Brokerage (US/Canada)
    $29.95 per trade
    (up to $5,000) 
    OR
    $39.95 per trade
    ($5,001 - $10,000)
    OR 
    0.41%
    where value of shares > $10,000

    Brokerage (Other markets)
    $69.00 per trade 
    OR
    0.69%
    where value of shares
    > $10,000
  • PHONE

    Brokerage (US/Canada)
    $52.95 per trade
    (up to $5,000) 
    OR
    $62.95 per trade
    ($5,001 - $10,000)
    OR 
    0.41%  + $23.00
    where value of shares > $10,000

    Brokerage (Other markets)
    $92.00 per trade 
    OR
    0.69% + $23.00
    where value of shares
    > $10,000

Exchange traded options

Protect, grow and diversify your portfolio with access to all the tools to create and execute your options strategies.

ONLINE

Brokerage^
$42.95
per trade

OR

0.45%
for all share values

^ Brokerage is the greater of the $ value or the % shown.

mFunds (unlisted managed funds)

You can buy, hold and sell units in unlisted managed funds through a process similar to that of buying and selling shares.

ONLINE

Brokerage^
$40.00
per trade

OR

0.20%
for all share values

^ Brokerage is the greater of the $ value or the % shown.

Data

Update your trading experience with these add on data options.

Live data

Real-time market data at your fingertips refreshed with just one click.

$10.00 per month

Dynamic data

Direct feed real-time market data with automatic updates to your screen.

$41.25 per month

How do you want to trade?

A Bendigo Invest Direct trading acount is free to open with a simple online application process and fast verification.

You can either purchase shares using your own funds or using a margin loan.

Trade with your own cash

Settle your trades, hold funds deposited from dividends, and potentially earn interest using our Bendigo Cash Settlement Account.

  • Opened on your behalf once a Bendigo Invest Direct trading account is established.
  • No monthly account service fee or transaction fees.
  • Earn interest on your account between investments (interest is calculated daily and paid monthly)

    Under $20,000         0.00%
    $20,000 - $49,999   0.05% 
    $50,000 - $99,999   0.10%
    $100,000 +               0.15%

APPLY NOW CONTACT US

Trade with borrowed funds

A margin loan can be used to unlock equity in your portfolio to further grow and diversify your investments.

  • A margin loan gives you access to more funds to trade, gain additional exposure to dividends, franking credits and potentially accelerate investment returns in a tax effective way.
  • Trade with an existing margin loan or open a margin loan with Leveraged - the bank's specialist margin loan provider.
  • A Leveraged margin loan is fully integrated with BID, so you can view loan details and trade seamlessly on the one platform.

To find out how you can borrow to invest, call Leveraged on 1300 307 807 or visit Leveraged.

APPLY NOW CONTACT US

Bendigo Invest Direct top FAQs

How do I start trading with Bendigo Invest Direct?

You can open an account by simply completing our online application form. Most applicants can be identified online and will not need to send in any paperwork.

When we’ve confirmed your ID or if you're identified electronically, we’ll process your application and open your account within 2-4 days. You can then begin trading over the phone or online immediately (you’ll need funds and/or shares in your account to place orders).

Please note: we can only accept applications from clients permanently residing in Australia.

Can I trade using my margin loan with you?

You can use a margin loan from any margin lending provider. If your margin loan is with Leveraged, you can enjoy a seamless fully integrated trading experience on the BID platform.

For more information about Leveraged click here.

To link your existing margin loan account to your Bendigo Invest Direct account click here.

How do I do a one-off sale?

Bendigo Invest Direct offers a one-off sale at a competitive rate for shareholders without opening a stockbroking account. Please complete the one-off sale form.

We will send the sale proceeds to you after the two-day settlement period (T+2).

How do I pay for my shares?

Online orders
You need to have enough funds in your BID Cash Settlement Account. You can also trade online using a margin loan.

Telephone orders
Please discuss payment with the dealer taking your order.

Once I complete my application, when can I start trading?

When we’ve confirmed your ID, or you are electronically identified, we’ll process your application and open your account. This process is usually completed with 2-4 days. You can then begin trading over the phone or online immediately (you’ll need funds and/or shares in your account to place orders).

Please note that funding is done overnight and share transfers take longer to process.

How do I move my holdings from another broker?

To transfer holdings held with another broker, please complete the Transfer CHESS Holdings form.

If you want to transfer holdings held with the Issuer, please complete the Issuer to Chess transfer form.

What is your brokerage?

Online brokerage starts from $19.95. Telephone orders start from $69.95 for share trade value up to $22,000.

Frequent Traders can enjoy complimentary access to different features and tools.

For more information on brokerage click here and the frequent trader program click here.

If you are a Bendigo & Adelaide Bank Shareholder, you can enjoy discounted brokerage as part of the shareholder privileges programme. For more information on the programme click here.

Can I trade options?

Yes, Bendigo Invest Direct provides access to all the tools to create and execute your options strategies.

What type of securities can I trade?

Australian SharesBuy part ownership of a listed company on the ASX.
OptionsFlexible tools that appeal to active investors. Used wisely, options have the power to protect, grow or even diversify your position.
WarrantsAn alternative way to gain exposure to some of Australia's leading companies and a variety of other underlying assets.
Exchange Traded Funds (ETFs)A simple way to buy a diversified portfolio of investments, offering all the benefits of index funds and the flexibility to buy and sell on the ASX.
mFundsA cost-effective way to invest in unlisted managed funds through the mFund Settlement Service brought to you by the ASX, via our online platform.
Interest rate securities and bondsInvesting in bonds and interest rate securities allows you to diversify your portfolio and lend money to the issuer. This loan is paid on a fixed or floating rate of return.

Listed Investment Companies (LICs)

Similar to managed funds and ETFs, LICs invest in a diverse and professionally managed portfolio of Australian and international assets.
International SharesYou can further diversify your portfolio and access a growing number of international markets with your BID account.

Documents and forms

Bendigo Invest Direct documents and forms you can download:

  • Disclosure documents
  • Account applications forms
  • Margin lending account application forms
  • Warrants and options
  • One off sales and partly paid securities
  • Administration forms
  • CHESS forms

Can't find what you are looking for?

CONTACT US

International trading FAQs

How do I access international shares?

All new and existing BID accounts with a linked cash account have this feature enabled.

Please note, this feature is not available to phone only or margin lending accounts.

Has the platform changed?

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 that 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.

How do I place an international shares order?

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.

Which exchanges can I trade on?

Our international shares offering gives you access to trade on major exchanges in eleven different countries, including the USA, Canada, Switzerland and Hong Kong.

Do I need to create a new account to trade international shares?

No, international shares are available and automatically enabled for all new and existing BID clients. Simply log in to the platform and search for an international stock.

Who are my international orders executed with?

All international share orders placed on our stockbroking platform are executed by Morgan Stanley.

How are my international securities held?

International securities are held on behalf by BID appointed sub-custodians detailed in the table below.

Local JurisdictionSpecified Sub-Custodian
USABNP Paribas, New York
CanadaRBC Investor Services, Toronto
SwitzerlandBNP Paribas Securities Services, Zurich
Hong Kong SARBNP Paribas Securities Services, Hong Kong

Why would I get charged a custody fee?

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.

What is the minimum number of shares per order?

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.

What is the minimum transfer amount for international shares?

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.

What is a W-BBEN form?

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.

Why do I need to complete a W-BBEN form when I place an order on a US exchange?

The W-8BEN allows foreign investors to claim special tax treaty benefits, including a reduced rate of withholding tax.

Can I transfer my share certificates?

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.

What is an FX buffer

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 that 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.

What are the relevant brokerage rates for international share trading?

Online ordersPhone orders
US/CanadaUS/Canada
Brokerage
$29.95 per trade
Up to $5,000

$39.95 per trade
$5,001 - $10,000

0.41% >$10,000 

Brokerage
$52.95 per trade
Up to $5,000 

$62.95 per trade
$5,001 - $10,000

0.41% + $23.00
>$10,000

Other marketsOther markets
$69,00 per trade
 
OR
 
0.69% >$10,000 
$92.00 per trade
 
OR
 
0.41% + $23.00
>$10,000

What is the exchange rate for my international trade?

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/tables

What exchange fees will be shown on the order ticket?

CountryTransaction TaxStamp DutyTrading feeClearing FeeGST
USA-----
Hong Kong0.0027%0.10%0.0050%--
Canada--0.15%--
Switzerland-----

What other fees are involved when trading international shares?

ServiceFees & Chages (incl. GST)
Electronic transfer (in)$20 per holding
Physical transfer (in)$50 per holding
Transfer (out)$100 per holding
Custody fee0.50% p.a. minimum $10
Currency conversionDisplayed on platform
FX spreadUp to 0.60%
FX buffer on buy orders2% or as displayed on the platform
Account documentation fee (applied to relevant accounts tha have not supplied a W-8 or W-9 form)$50
US Markets SEC fee0.00231% on sell orders
Stamp DutyDisplayed on the platform if applicable

Do any exchanges break during lunch hours?

ExchangeCodeLocal time at exchange
Hong Kong Stock ExchangeHKEX12.00 - 13.00
Singapore ExchangeSGX12.00 - 13.00
Tokyo Stock ExchangeTSE11.30 - 12.30

Education

Learn how to navigate the platform and expand your trading and market knowledge with our Investing IQ educational modules. This free program is designed to help you master the fundamentals and build you market knowledge and trading confidence.

  • Introduction to investing
  • Creating your strategy
  • Fundamental analysis
  • Technical analysis
  • Using derivatives
  • Advanced strategies

Tutorials and guides

Learn how to use the Bendigo Invest Direct platform with the Quick Start Guide and video tutorials.

See how the platform works

Place a trade

Accessing analysis and reporting through theScreener

Create a watchlist

Setting up alerts

Ready to get started?

A BID trading account is free to open with no monthly maintenance fees.

Sign up in minutes with a simple online application process and fast verification.

Dedicated customer support

We are here to help, so if you would like to get in touch please contact our dedicated support team via the contact details below.
We operate Monday to Friday, 7.30am - 5.30pm Sydney time (excl. public holidays).

Contact us

Send us an online enquiry, or email us, if you have any questions.

Call us

Call us now on 1300 788 982

Fax (+61) 2 9221 9365

Write to us

Postal address:

Bendigo Invest Direct
GPO Box 5351
Sydney NSW 2001

At a branch

Find your nearest Bendigo Bank branch

Additional information

Deakin promotion terms and conditions

^To receive the Special rate of $17.95 per trade, please include “Deakin” in the Community Bank® field in your online application. This rate is available to Deakin students/staff/alumni new to Bendigo Invest Direct - Australian residents only.

Leveraged

Margin loans are provided by Leveraged Equities Limited (ABN 26 051 629 282 AFSL 360118) as Lender and as a subsidiary of Bendigo and Adelaide Bank Limited (ABN 11 068 049 178 AFSL 237879). Please consider your personal circumstances, consult a professional investment provider and read the PDS and Product Guide, available to download from Leveraged before making an investment decision.

Bendigo Invest Direct

Bendigo Invest Direct is a service provided by CMC Markets Stockbroking Limited (ABN 69 081 002 851 AFSL No. 246381), a Participant of the ASX Group (“CMC Markets Stockbroking”) at the request of Bendigo and Adelaide Bank Ltd (ABN 11 068 049 178, AFSL 237879) (“Bendigo"). For a copy of the terms and conditions relating to the Bendigo Invest Direct services and the Financial Services Guides for CMC Markets Stockbroking or Bendigo (or other relevant disclosure documents), contact us on 1300 788 982 or via email at info@bendigoinvestdirect.com.au. 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.

Information is general advice only and doesn't take into account your personal objectives, financial situation, or needs. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.