It is easy way to invest in shares online through Westpac website Onlineinvesting.westpac.com.au. Types of trading accounts of Westpac Online Investing with features are provided here.

If you want to invest in shares, then online investing of Westpac will help you. Onlineinvesting.westpac.com.au is the online investing website of Westpac where one can get the entire information of investment. The website provides facility of buying and selling shares, ETFs, options and CFDs to the new investor and most experienced investor. Information of different types of trading accounts is also mentioned at the Westpac' website.

Screenshot of www.onlineinvesting.westpac.com.au

About Westpac

Westpac is a multinational financial services company, after it took over St.George Bank, became the largest bank in Australia (by market capitalization) and the second-largest bank in New Zealand. The bank is one of the Australian 'big four' banks, joining NAB, ANZ, and the Commonwealth Bank. The Dow Jones Sustainability Index recognized Westpac as the most sustainable bank in the world for five years running, until ANZ who shared the title in 2007 was solely awarded in 2008.

As the Bank of New South Wales with a single office in Macquarie Place, Sydney, on 8 April, 1817, trading was begun by Westpac. Its name was changed to Westpac Banking Corporation with the merger of the Commercial Bank of Australia in 1982. The registration was made as a public company under the Australian Corporations Act (2001) by Westpac on 23 August 2002.

Westpac Online Investing

By presenting better functionality, exciting new features and simpler, smarter navigation, a great new trading platform are being brought to you by Westpac. With the help of the online investing website of the Westpac, by using 4-minute profiler, you can know that what kind of investor you are. With Westpac Online Investing, you can also keep your eye on other investors including what shares they are watching and other information.

Features of Westpac Online Investing Website

• Trade from any bank account: Unlike most trading platforms, you can pay for and settle trades from any bank account not just Westpac accounts.
• Personal support: You can send them mail at securities@westpac.com.au or call on13 13 31 Monday to Friday, 7am to 7pm or follow the interactive how–to guides on their website, if you require help for placing an order, for using a tool, or have a technical question.
• Access market insights: Knowledge is power. Customize your homepage, create dynamic charts and choose how you watch the market with email and SMS alerts.
• Independent research: With the advice of buy/hold/sell, complimentary independent research can be enjoyed. For more detailed packages including more recommendations, forecasts and portfolio modeling from researchers like Morningstar and Aegis, you can subscribe.
• Rewards for every trade: Reward Points on an Altitude credit card can be earned to you by every trade. Complimentary access can be received to research packages and dynamic trading platform Trader Pro, if you trade often.
• Straightforward fees: If you use an eligible Westpac bank account or BT margin loan, then trades will cost you $24.95 each or 0.11% of trade value (whichever is greater). Or, you will be cost $29.95 or 0.15% of trade value (whichever is greater) by each trade, if you use another bank account. There are no account keeping or setup fees.

Types of trading accounts

For paying your trades you will have to select either an integrated account or a standard account. The detailed information about the account is as under:

Integrated accounts

If you want to settle your trades by an eligible Westpac cash account or BT Margin Loan, then preferred brokerage rates, from $24.95 and a 0.20% discount on your margin loan will be received by you. For eligible Westpac cash accounts the table is given below, with the help of the table you can understand better.

You will need to link it to an existing Online Investing account if you already have an eligible Westpac cash account, or you have just opened an account. You will have to complete the Direct Debit Request (DDR) form by Forms and Brochures. If you have new cash account, then before completing the DDR form, you need to ensure that you have received your BSB and account number from Westpac.

Standard Accounts

You are allowed to settle to any bank account and trade from $29.95 by a standard account. By selecting following two payment options:

Direct debit: Through direct debit, on the day of the settlement, trades will be automatically settled. You need to nominate the bank account you want these payments made from on your application form. For security purposes, this nominated bank account must be in the same name as your Online Investing account. Sell proceeds are also paid to this bank by them.

BPAY ®: To pay your trades, phone or Internet can be used by BPAY. You can easily link it to Westpac Securities, if you are an existing Westpac customer and already registered with Westpac Online Banking.

An external margin lending account - if you already have a margin loan with a lender other than BT Margin Lending, then you can link it to your Online Investing account and by phone only. Please note: higher brokerage charges apply.

Login to Westpac online investing website

The option of the login will be given on the right side of the page at the online investing website onlineinvesting.westpac.com.au. For login, you need to enter the user name and id.

After login to your account, you are presented with the Online Investing home page. This page can be customized to your own needs. To do this, click on ‘show’ in ‘Manage My Home Page’ menu. If you want to find a quote or quickly navigate to Market Depth, Course of Sales, Company Research, Options Series and Charting, then go to “Quotes & Research > Quotes”. Click on the magnifying glass to perform a search if you do not already know the stock code.

Go to Trading -> Alerts -> View Alerts from the left hand navigation menu of website for using alerts. Up to 25 alerts can be created by you and be notified via SMS or email. You can be notified on criteria such as when your security trades at a certain price, time or volume, or when the ASX releases a company announcement that may affect the price of your security.

• Time Alerts: Time Alerts allows you to chose up to 6 selected stocks for each daily time alert. You can set up to maximum of 5 time alerts.
• Price Volume Alerts: You are allowed to specify a trigger price any given stock by Price Volume Alerts. At the time when stock reaches either above a high trigger price or at below a low trigger price an alert is triggered.
• Company Announcement Alert: For ASX listed companies, you can receive company announcements and select the information you want for any particular stock.
• Option Price Volume Alert: You can choose the bid, offer, or last traded price as the trigger price. An alert is triggered when the option reaches either high trigger price or at or low trigger price. You can also choose a minimum volume for the best bid or best offer price, or minimum volume traded at the last price from the same day the price alert triggers.

Source: https://onlineinvesting.westpac.com.au

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