When you sell shares in Australia, brokerage is charged as a percentage of the transaction value with a minimum amount. A surcharge of $50 or 0.5% (whichever is greater) applies if the shares are held by a company, trust or deceased estate. Our rates and service levels are as follows:
We will beat the price of a publicly published equivalent service. Equivalence takes into account the main features of the service, including (a) time to complete, (b) onboarding process and (c) settlement options. Contact us if you would like to apply for a price beat.
His shares are sold at the best available market price, which is $6.32 per share in this example
The total trade proceeds (number of shares x share price)
2,000
Joe Citizen wants to sell shares in XYZ Limited
His shares are sold at the best available market price, which is $6.32 per share in this example
$12,640
The total trade proceeds (number of shares x share price)
$12,500.96
This is the amount that is paid to Joe via Cheque after brokerage
If it is absolutely imperative that your shares are sold on the same day, we recommend calling us once you have returned your documents.
No stock broker required. Same day sale at the best rates with no hidden fees. Cash deposited directly into your bank account.
100% Online & completed in four simple steps.
Sell My Shares was founded in 2013 by 2 stockbrokers who noticed that people who just wanted to sell their shares with minimum fuss had few options outside of opening a fully fledged stockbroking account.
We decided to love this type of business, and these clients, and that’s what we do – very well.
