ASB Securities vs Direct Broking

Updated 5 Aug 2022

ASB Securities
 
Direct Broking
 
Overview
Description
Trade international markets. Competitive brokerage fees.The only New Zealand platform to offer clients free access to real-time research on listed companies in NZ, AU and HK.
Basics
Account Funding Options
Bank transferN/A
Advisory Services
YesNo
Apps
Android, iOSAndroid, iOS
Minimum Deposit
$35.00$500.00
Minimum Trade
The minimum trade amount depends on the preferred marketNo minimum trade required
Regulator
FMAASIC
Signup Bonus Gift
NoneNone
Trading
Copy Trading
NoNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoNo
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoNo
Options Trading
NoNo
OTCBB / Pink Sheets
NoNo
Paper Trading
NoNo
Penny Share Trading
NoNo
Social Trading
NoNo
Share Trading
YesYes
Tradable Assets
ETFs, Fixed interests, Margin lending, SharesBonds, CMTA, ETFs, Shares,
Tradable Markets
ASX, LSE, NASDAQ, NYSE, NZX and moreASX, NZX
Fees
Broker Assisted Trades Fee
N/A$35.50
Brokerage Fee
$15.00$29.90
Domestic Wire Transfer Fee
$0.00$0.00
ETF Trade Fee
N/A$29.90
Funds Withdrawal Fee (Partial)
$0.00$100.00
Funds Withdrawal Fee (Full)
$0.00$100.00
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
N/AN/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
N/A$29.90
Order types
Order Type (Contingent)
YesN/A
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
N/AN/A
Order Type (One Triggers and One Cancels The Other)
N/AN/A
Order Type (One Triggers The Other)
N/AYes
Order Type (Stop)
YesN/A
Order Type (Trailing Stop)
N/AN/A
Customer service
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesYes