What Account Types and Fees Does Bell Potter Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Personal Investment Account |
Individual investors |
Supports trading in Australian shares, international stocks, and ETFs |
Can be paired with superannuation planning services |
| Corporate Account |
Corporate clients |
Provides IPOs, equity financing, and merger & acquisition consulting |
Requires customized applications |
| Institutional Account |
Fund companies and asset management institutions |
Offers trade execution and research coordination |
Designed for high-volume trading |
| Intermediary Services Account |
Financial planners |
Enables client-based trading with research support |
Custom seminars available for clients |
Account Opening Process
To open an account with Bell Potter, applicants must follow several steps. Initially, individuals will need to submit personal information, including full name, contact details, and date of birth. Following this, employment and financial information are required to assess suitability and compliance with regulations. Identity verification is crucial, which includes providing an identification document and proof of address. Additionally, account flexibility is available; clients can upgrade to a professional account later, depending on their trading activity and experience level.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Standard spreads for major pairs |
| CFDs (Stocks) |
Variable |
0.1% or $10 per trade |
Depends on stock price |
| CFDs (Indices) |
0.5 |
$0 (ECN: $3.0/lot) |
Common indices available |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
Additional fees associated with Bell Potter accounts include deposit and withdrawal fees, which may vary based on the method used. An inactivity fee is applied to accounts that remain dormant for an extended period. Platform usage fees are not explicitly mentioned; however, clients should verify if any apply. Overnight interest, also known as swap rates, may be charged on positions held overnight. Lastly, currency conversion fees apply for international transactions, affecting withdrawals in currencies other than AUD.
