Direct share trading

Direct share trading




Direct share service



Direct share trading is available in the Wealthtrac Portfolio Service and Wealthtrac Superannuation.

Key features:

  • Individual HIN: Each client will have an individual HIN, enabling full entitlement to corporate actions and participation in a Dividend Reinvestment Plan (at the account level only, not asset).
  • Settlement will be applied from the investor's cash account.
  • Contra-trading supported: proceeds from sales can be used to fund purchases before the settlement money is received.
  • Online broker: $39 or 0.1% brokerage, whichever is greater*.
  • Market at limit orders.


Share trading in the Wealthtrac portfolio service



To activate your account for share trading please complete the Share Trading Authority form to set up your individual HIN. Once the facility has been set up, your share trade instructions may be submitted to the Wealthtrac help desk by fax (02) 4224 1901 for placement.


Share trading in Wealthtrac Superannuation Master Trust



To activate your account for share trading please complete the Share Trading Authority form to set up your individual HIN.

To trade shares directly from your online account, please complete the Investor Share Trading Access form to establish the share trading facility. Once the facility has been set up, you will be able to trade shares via your standard investor login.

Important information
Adviser authority: Please note that although the Share Trading Authority form provides 2020 DIRECTINVEST with the authority to trade, 2020 will not be processing client transactions on behalf of clients.
Market at limit orders: A market at limit order is submitted to be executed at the current market price. If the order is only partially filled, the remainder of the order will remain open as a limit order with the limit price being equal or lower to the price at which the filled portion of the order is executed.


To visit the 2020 DIRECTINVEST website, click here.