Margin lending comparison table
2015 Margin Loans
Last updated: 24/06/2015
Company
Interest Rate
Wealth Focus
Negotiated Rate
1 yr pre-paid / fixed
rate
Further discount with WF for
new or existing loans
No. of
No. of
approved approved
funds
securities
Min. loan size
4.7% $500k - $1Mill
4.6% >$1Mill
XX
XX
$500,000
Preferred
trading
platform
Notes
Wealth Focus negotiated rate from one of Australia's leading
margin lenders
ANZ Investment
Lending
Bell Direct
5.45%
4.70%
779
1028
$20,000
E*Trade
7.30%
433
-
$20,000
Bell Direct
Will lend 50-70% on most managed funds
Bell Potter
7.85%
4.95% <$250k
4.80% $250k - $500k
4.65% $500k - $1Mill
4.50% > $1Mill
4.95% <$250k
4.80% $250k - $500k
4.65% $500k - $1Mill
4.50% > $1Mill
433
-
$20,000
Bell Potter
Will lend 50-70% on most managed funds
BT Margin
Lending
7.37%
6.49%
435
1905
$20,000
Westpac
Online
CommSec Adviser
Services
7.24%
6.95%
576
1819
$20,000
CommSec
CommSec
7.13%
576
1819
$20,000
CommSec
Leveraged
Equities
7.35%
6.95%
6.35% < $100k
5.99% $100k - 250k
5.85% $250k - $500k
5.59% $500k - $750k
5.35% $750k - $1Mill
5.09% > $1Mill
611
2255
$20,000
0.15%
Good admin. Largest range of approved funds. Generally
very accomodating on adding new securities.
Macquarie
Prime
Lowest Variable Rate, high LVRs. One of the few providers to
allow short positions. Short positions are offset against
negative funds balance
Macquarie Prime
7.85%
6.25%
778
0
No min.
Morgan Stanley
Margin Lending
7.84%
6.99%
344
152
No minimum
7.65% < $250k
7.4% $250k - $1Mill
7.15% >$1Mill
7.4% < $250k
7.20% $250k - $500k
7.00% $500k - $1Mill
6.80% >$1Mill
6.99% < $250k
6.74% $250k - 500k
6.49% > $500k
5.95% <500k
5.85% >500k
513
1093
$20,000
National Online
Trading
Typically offer competitive rates
438
1970
Min. loan size
Direct Shares
Westpac ownership provides financial strength.
415
1600
$20,000
ShareTrade
(run by CMC
markets)
NAB Equity
Lending
St George Margin
Lending
Suncorp Margin
Lending
7.93% < $250k
7.68% $250k - 500k
7.43% > $500k
7.74% <500k
7.69% >500k
Typically offer very competitive rates, good administration
Disclaimer: This comparison is a summary only and should not in any way be construed as providing securities advice or an endorsement or recommendation of any security or product. Wealth Focus has not taken into consideration
your investment objectives or your investment needs and make no representation as to the suitability or otherwise of any product, or security, to you. Before making any investment decision or purchase, you should fully satisfy yourself
as to the suitability of any security or product you are considering, to your own particular circumstances, read the PDS, and if necessary seek professional investment and tax advice. We recommend that you read our Financial Services
Guide. Although Wealth Focus makes every effort to ensure that the information is correct at the time of publishing, Wealth Focus takes no responsibility for the accuracy of the information supplied.