Funding your trades

In order to trade via NAB OnLine Trading, you will need to establish a trading account and nominate the cash account from which you will fund your trades.  Your cash account is the account from which funds are withdrawn to pay for your share purchases and the account into which the proceeds of any sales are deposited.  GST, brokerage and other service fees will also be deducted from your cash account. 

You can choose from three options:

Option 1 - Use your existing eligible NAB cash account
Option 2 - Open an NAB Cash Manager account
Option 3 - Fund your trades via a NAB Equity Lending Facility

Option 1 – Use your existing eligible NAB account

You can use the following:

  • NAB Cash Manager account
  • NAB Business Cheque account
  • NAB Business Investment account
  • NAB Business Management account
  • NAB Cash Management Accelerator account
  • NAB Cash Management account
  • NAB Cheque account
  • NAB Cheque account other bearing interest
  • NAB Corporate Cheque account
  • NAB Everyday Savings account
  • NAB Farm Management account
  • NAB Flexi account
  • NAB FlexiPlus Mortgage
  • NAB Investment Cash Manager account
  • NAB Portfolio Facility (excluding Fixed Rate Loan accounts)
  • NAB Professional Funds account
  • NAB Smart Access account
  • NAB Smart Direct account
  • NAB Staff account
  • Private Portfolio Package (excluding Fixed Rate Loan accounts)

Option 2 – Open a NAB Cash Manager account1

If you do not have an eligible NAB bank account already, NAB OnLine Trading can open a NAB Cash Manager account on your behalf.

Why choose the NAB Cash Manager account

The NAB Cash Manager is a powerful cash management account that allows you to manage your cash they way you want to. With a competitive rate of interest and no monthly account service fee, you can make the most of your money until you're ready to invest.

To open a NAB Cash Manager account simply complete the relevant section in the NAB OnLine Trading Application.

Option 3 – Use a NAB Equity Lending Facility

If you already have a NAB Equity Lending Facility you can use it to fund your trades. You should also advise your margin lender that you are appointing AUSIEX as an authorised broker on your facility.

If you use a NAB Equity Lending Facility to fund your trades, you will still be required to nominate an eligible NAB cash account or open a NAB Cash Manager account. This will allow you to make payment for a range of services such as the Premium or Professional Information Services and SMS and email alerts if you choose to receive them. Your NAB Equity Lending Facility cannot be used for the payment of these.

If you do not have a NAB Equity Lending Facility, it may be worth your consideration.

NAB Equity Lending

A margin loan from NAB Equity Lending2  is a flexible investment loan that can be used for investment purposes such as investing in shares and managed funds.  Borrowing to invest provides you with more money to invest, which can improve your returns and help to reach your goals sooner.

Why choose a NAB margin loan

  • Competitive interest rates with rate discounts available for loans greater than $250,000
  • Broad investment choice – an extensive list of approved shares and managed funds
  • Low minimum loan amount of $20,000
  • Prompt loan approval
  • Support from a dedicated, personal Account Manager

Buying and selling shares, warrants and ETOs

Trading your existing shares, warrants and ETOs

Investing in managed funds

Accessing your NAB OnLine Trading account

Return to NAB OnLine Trading homepage

 

1 National Australia Bank Limited (‘NAB’) is the issuer of the NAB Cash Manager. An investment in a NAB Cash Manager account represents a bank deposit with NAB and has the benefit of the depositor protection provisions in the Banking Act 1959.

Anyone wishing to acquire the financial products will need to complete the Application that is in, or accompanying, the Terms and Conditions. We will complete this on your behalf. There are proof of identity requirements for the NAB Cash Manager account under Australian Government regulations. If you are a new customer to the NAB, you and any other person authorised to sign the account who has not yet done so will need to complete a 100 point check at any NAB branch.

You should obtain a copy of the Terms and Conditions or other disclosure document relating to the NAB Cash Manager and consider that disclosure document before making any decision about whether to acquire or continue to hold the product. A hard copy of the NAB Cash Manager Terms and Conditions may be obtained by calling the Client Service Centre on 13 13 80 or by calling the NAB Cash Manager Service Centre on 1800 036 171.

This advice is intended to provide general information only and has been prepared by National Australia Bank Limited without taking into account any particular persons objectives, financial situation or needs. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain financial advice specific to their situation before making any financial investment or insurance decision.

2 The NAB Equity Lending Facility and the NAB Equity Lending Cash Management account (CMA) are offered by National Australia Bank Limited ABN 12 004 044 937 (“NAB”). Investors should obtain and consider the NAB Equity Lending Facility Terms and the CMA Product Disclosure Statement (both of which are available via NAB’s website at nab.com.au/marginlending or by calling NAB Equity Lending on 1300 135 145) before making any decision about whether to acquire or continue to hold either of these products.