Sequoia Direct caters to self directed investors looking for a fast and secure execution only service for buying or selling Australian Shares from as little as $14.50.
Through our Bourse trading platforms you can place your own orders online and we execute them into the market real-time. Alternatively you can place your orders over the phone by phoning 1300 130 545
Trading shares through Sequoia Direct is affordable, simple and flexible. When you combine our Sequoia Direct execution services with our Bourse trading software and market analyser tools you get an unparalleled trading and investment experience.
You can buy shares online or over the phone to your linked investment account. You can choose to have your account linked to your nominated cash account or alternatively linked to your nominated Margin Loan proved.
You can only sell shares you currently hold on CHESS or alternatively hold within your margin loan account.
Amend and Cancel Orders
You can amend or cancel an open order either online or through our phone service.
Confirmations – Active Traders
One of the advantages of using Sequoia Direct is our support for active traders. On completion of each trading session all your trades executed for each share are aggregated and booked at the average price. Confirmation is then emailed to you detailing the type, quantity and costs associated with this via a contract note. This service is automatically applied to all clients of Sequoia Direct & depending on how active you are at trading could save you greatly on the brokerage you pay.
Each of your trades are settled on the basis of the trade date plus two business days. Significant fees apply if a buy order does not settle correctly when the funds are requested from your account. Please see our fees for further information.