Hatch gives you simple, fair and transparent pricing. No monthly fees, inactivity fees, or complicated hidden extras. Just pay for what you use.
Why not $0 brokerage?
There's no such thing as free lunch so beware $0 commissions touted in marketing campaigns. Learn why we're sticking with transparent fees and why price shouldn't be the main consideration when trusting your money to an investing platform.
Why not percentage brokerage?
Because we believe in giving Kiwis a fair go. It may be attractive to pay a percentage fee when buying smaller amounts, but the goal is for those shares to increase in value. We don't believe we should take a cut of your returns when you sell your shares. With Hatch, you pay just $3 USD to buy up to 300 shares. If those 300 shares increase in value, you'll still just pay $3 USD to sell them.
For example, let's say you bought 17.26519 Apple shares for $500 USD on 30 December 2016. Back then, Apple's share price was $28.96. Four years later, Apple's share price has increased to $134.87 and you want to sell your shares. Here's how the fees would work:
0.5% brokerage fee
$3 USD fee
Buy 17.26519 Apple shares
Sell 17.26519 Apple shares
With percentage fees, the more your shares increase in value, the more you'll have to pay to sell your shares. With Hatch's flat fees, you're not penalised for growing your money when you sell your shares.
We know a lot of new investors want to start small, which is why we have no minimum deposits. You can set up a regular payment into Hatch and that money will sit in a Money Market Fund, earning you dividends, until you're ready to invest it.
Transfer your US shares to us!
We’d love you to transfer your existing US shares to Hatch and will help cover any fees. The fee to transfer shares out of Hatch depends on your new broker and fractional shares can’t be transferred.