You control the percentage you pay in brokerage fees
Dollar-cost averaging works really well for auto-investors. You can set up an automatic payment from internet banking and get the benefits of dollar-cost averaging the exchange rate.
Our exchange fee or brokerage fee is 0.5%, which means you can deposit as much or as little as you like at a time, without being penalised in additional fees. We have no deposit minimums so you can deposit as much or as little as you like, even if it's $1.
💡 Note: If your cumulative deposit total (current deposit included) is over $100,000 NZD, deposits over $50,000 NZD will be eligible to receive a discount on the exchange fees.
$100,000+ NZD deposits: 0.45% exchange fee (instead of the standard 0.5%)
$250,000+ NZD deposits: Even lower at 0.4% exchange fee
Individual Hatch accounts: $3 USD to buy or sell
If you want to keep fees below 1% of your order, create an auto-investment for $300 USD or more. We’ve added some examples to show you different ways to get your fees under 1%. The examples below assume an exchange rate of around $0.61 USD, be aware that this changes over time.
Automatic payment amount (NZD) | Auto investment frequency | Trade fee % |
$50 weekly | ~$400 USD Quarterly | 0.76% |
$200 weekly | ~$520 USD Monthly | 0.57% |
$1,000 monthly | ~$600 USD Monthly | 0.49% |
💡 Note: If a share price drops enough that you wind up buying over 300 shares in one order, you'll get more shares for your money (yay!) and our pricing will switch to $0.01 a share (e.g. $3.01 to buy 301 shares).
Kids Accounts: $0.50 USD to buy or sell
Because we've lowered our brokerage fees for Kids Accounts to $0.50 (to buy or sell up to 50 shares), it's even easier to auto-invest small amounts regularly while still keeping your fees around 0.5%. The examples below assume an exchange rate of around $0.61 USD, be aware that this changes over time.
Automatic payment amount (NZD) | Auto investment frequency | Trade fee % |
$12 weekly | ~$100USD Quarterly | 0.53% |
$35 weekly | ~$100 USD Monthly | 0.54% |
$140 monthly | ~$85 USD Monthly | 0.59% |
💡 Note: If a share price drops enough that you wind up buying over 50 shares in one order, you'll get more shares for your money (yay!) and our pricing will switch to $0.01 a share (e.g. $0.51 to buy 51 shares).