Introducing EBROKING

EBROKING is a Share Trading Platform established by ESUPERFUND for its clients.  In the past clients of ESUPERFUND were required to execute all Share Trades using the CommSec Trading Platform.  In order to offer additional choice to our clients, ESUPERFUND now offers clients the ability to use EBROKING as an alternative Trading Platform.

Exclusive to ESUPERFUND Clients

The EBROKING Share Trading Platform is offered exclusively to ESUPERFUND Clients to trade ASX Listed Securities, Options and Warrants for their SMSF.  Only clients who have established a SMSF with ESUPERFUND can trade using the EBROKING Platform.   

Cheaper Brokerage Rates

In addition to offering ESUPERFUND clients more choice, the primary purpose for the introduction of the EBROKING Trading Platform is to offer clients lower Brokerage Fees, resulting in additional fee savings to clients who wish to trade in their SMSF.  A review of clients trading reveals that a significant proportion of client trades are under $10,000.  The EBROKING Brokerage Fees have been set with this in mind.  Whilst Brokerage Fees under the CommSec and EBROKING Trading Platforms are identical for trades over $10,000, there is a significant fee saving for trades under $10,000 using the EBROKING Trading Platform.  That is for trades under $10,000 the EBROKING Platform offers Brokerage Fees of $19.95 compared to the CommSec Brokerage Fees of $29.95.  This equates a $10 saving per trade or a 33% saving.  Based on a typical SMSF Trader with ESUPERFUND who may do up to 100 trades over the course of a year under $10,000, this equates to a huge saving $1,000 each year!  Every year!

EBROKING is the Default Broker

When you apply to establish a SMSF you will be given a choice of which Trading Platform you wish to use to trade ASX Listed Securities.  Given the lower Brokerage Fees applicable, the default Broker for each SMSF established by ESUPERFUND is the EBROKING Trading Platform unless the CommSec Trading Platform is specifically selected in our SMSF Online Application.

Bankwest Settlement Account

When you select EBROKING as your preferred Trading Platform, ESUPERFUND will automatically establish a Bankwest Settlement Account for your SMSF which will be used to settle trades for your SMSF.  The cash in the Bankwest Settlement Account is held with Bankwest (wholly owned by the Commonwealth Bank).  You will be notified of the details of the Bankwest Settlement Account on the establishment of your SMSF.  Balances in the Bankwest Settlement Account of up to A$250,000 in total are guaranteed by the Federal Government without charge. 

BUYING ASX Listed Securities

To place a BUY Trade under the EBROKING Trading Platform you simply need to click "Trade" and then "Buy" when you are logged in to your EBROKING Trading Account.  When you BUY ASX LIsted Securities, the Trade will settled from the Bankwest Settlement Account (see above).  Importantly when you place a trade, the funds are accessed automatically from the Bankwest Settlement Account to settle trades.  Trades are settled under the T+3 settlement system.  That is, trades are settled 3 days after placing your trade.  It could not be easier. 

BUY Trade Confirmations

When you execute a BUY trade using the EBROKING Trading Platform, trading confirmations will be forwarded via email. Confirmations can also be viewed and downloaded by clicking "Shares" and then "Confirmations" when you are logged in to your EBROKING Trading Account.  Similarly you can view your Trading History by clicking "Shares" and then "Order History" when you are logged in to your EBROKING Trading Account.

SELLING ASX Listed Securities

To place a SELL Trade under the EBROKING Trading Platform you simply need to click "Trade" and then "Sell" when you are logged in to your EBROKING Trading Account.  When you SELL ASX Listed Securities, the settlement proceeds will be automatically deposited into your Bankwest Settlement Account.  Trades are settled under the T+3 settlement system.  That is, trades are settled 3 days after placing your trade.  It could not be easier. 

SELL Trade Confirmations

When you execute a SELL trade using the EBROKING Trading Platform, trading confirmations will be forwarded via email. Confirmations can also be viewed and downloaded by clicking "Shares" and then "Confirmations" when you are logged in to your EBROKING Trading Account.  Similarly you view your Trading History by clicking "Shares" and then "Order History" when you are logged in to your EBROKING Trading Account.

Deposits into the Bankwest Settlement Account

To deposit monies into the Bankwest Settlement Account you must first deposit monies into the ANZ V2 Plus Account.  Once the monies have cleared in the ANZ V2 Plus Account, you can then transfer monies to the Bankwest Settlement Account in order to settle share purchases.  Importantly you can view your Bankwest Settlement Account Balance conveniently online when you login to your EBROKING Trading Account.  Deposits into the Bankwest Settlement Account can be made by way of BPAY, EFT Transfer or Fax Authority.  These options are discussed below. 

BPAY Deposits into the Bankwest Settlement Account

Details to make a BPAY Deposit into the Bankwest Settlement Account from the ANZ V2 Plus Account are provided as follows:

BPAY Biller Code:	9340
Customer Reference No.:	This can be obtained from the EBROKING Trading Platform. Under 'Preferences', select the 'Trading Accounts' tab and click on 'BPAY Details' at the bottom of the page.
Amount:	Enter Amount to Transfer.
Transfer Limit:	No Limit.

EFT Transfers into the Bankwest Settlement Account

Details to make an EFT Transfers into the Bankwest Settlement Account from the ANZ V2 Plus Account are provided as follows:

BSB:	306089
Account Number:	This can be obtained from the EBROKING Trading Platform. Under 'Preferences', select the 'Trading Accounts' tab.
Amount:	Enter Amount to Transfer.
Transfer Limit:	$1,000. Can be increased to $10,000 on request.
Account Name:	Your SMSF Name

Fax Authority Transfers into the Bankwest Settlement Account

Alternatively a Fax Authority can be used to transfer funds into the Bankwest Settlement Account from the ANZ V2 Plus Account. There are no transfer limits with the Fax Authority.  Details to complete the Fax Authority are as follows:

Fax Authority:	Download here
BSB:	306089
Account Number:	This can be obtained from the EBROKING Trading Platform. Under 'Preferences', select the 'Trading Accounts' tab.
Amount:	Enter Amount to Transfer.
Transfer Limit:	No Limit.

Withdrawals from the Bankwest Settlement Account

As detailed above, the Bankwest Settlement Account is automatically linked to your ANZ V2 Plus Account on the establishment of your SMSF by ESUPERFUND.  This means to access monies from your Bankwest Settlement Account you must first transfer the monies to the ANZ V2 Plus Account.  You cannot withdraw monies directly from the Bankwest Settlement Account.  To withdraw monies from the Bankwest Settlement Account you will need to login to your EBROKING Trading Platform, click Shares then Cash Balances and finally the Cash Transfer Button.

Trading Platform Video Tour

The EBROKING Trading Platform has been designed to make trading ASX Listed Securities simple.  Prior to selecting EBROKING as the Trading Platform for your SMSF we encourage you to view our Video Tour which highlights the extensive features and benefits of trading using the EBROKING Trading Platform.  To view our Video Tour click here. 

Fees and Charges

For full details on the Fees and Charges applicable under the EBROKING Trading Platform click here.

FREE Equities Research

EBROKING provides its clients with valuable Equities and Research Information, absolutely FREE.  Details can be found at the EBROKING Website here.

FREE Live Data

Live Pricing Data is absolutely FREE with EBROKING.  This is a major saving to you compared to other Discount Brokers who only provide 20 minute delayed Share Price Data and charge if you actually require Live Data, typically in excess of $100 annually.

Is Trading with EBROKING Safe?

Yes.  All Shares purchased through EBROKING are CHESS Sponsored and owned in the name of your SMSF under its unique HIN.  This is a very important point and gives you peace of mind that your SMSF is the direct owner of all Shares purchased.  Neither ESUPERFUND nor EBROKING own any of your SMSF Shares and have absolutely no access to your Shares or in fact any SMSF Asset.  So in the very unlikely event ESUPERFUND or EBROKING cease to operate or become insolvent all your SMSF Assets including Share Holdings are totally protected because your SMSF is the direct owner of the Assets.

Straight Through Processing

All Trades executed through the EBROKING Trading Platforms are executed using Straight Through Processing (STP).  Straight Through Processing is where your order is sent directly to the ASX Market, without any human intervention.  Some online brokers use a system whereby your order is sent to a dealer who then has to approve or reject it and manually enter it into the market.  Obviously in times of market turbulence, this could cause significant delays in getting the order on the market.  The EBROKING Trading Platform approves or rejects the order and place it directly on the market.

Trade Execution by CMC Markets

EBROKING 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 ESUPERFUND and on behalf of EBROKING  a registered business name of ESUPERFUND Pty Ltd.  It is important to understand that CMC Markets is simply the entity that is executing the trades for your SMSF.  Importantly all Shares purchased through EBROKING are owned directly by your SMSF ensuring your SMSF Share and Fund Assets are completely safe. 

Accessing Information by ESUPERFUND

At the end of each financial year, EBROKING will send to ESUPERFUND an annual data file of all your SMSF Trades and Transactions.  This enables our office to attend to your SMSF's annual compliance obligations.  No records are required from you each year as we already have access to the data.  It is important to understand that only electronic data files are provided to ESUPERFUND.  As detailed above we have absolutely no access to your Trading Platform and cannot actually login to your Trading Account to access the required data.

EBROKING Account Queries

If you have any queries about your EBROKING Share Trading Account please contact EBROKING directly on 1300 557 561.  This is a dedicated number for ESUPERFUND clients giving you priority service.  Please do not contact ESUPERFUND directly in relation to queries about your EBROKING Account as unfortunately we will be unable to assists with your queries.

EBROKING Login

To login to the EBROKING Trading Platform click here.

Disclosures

To view the EBROKING Product Disclosure Statement including Terms and Conditions click here.