Bendigo Invest Direct brokerage, CHESS sponsorship and licence
- Website
- bendigobank.com.au/personal/investing/share-trading/
- Product
- —
- Legal entity
- CMC Markets Stockbroking Limited Provides the service at the request of Bendigo and Adelaide Bank Ltd.
- ASX shares
- No restriction stated
- Your shares
- CHESS-sponsored
- Executes ASX orders
- CMC Markets Stockbroking Limited
- Clears and settles
- CMC Markets Stockbroking Limited
- International shares
- Yes
- Account fee
- None
- Documents
- Financial Services Guide · Bendigo Invest Direct Standard · Support
- Record re-read by hand
- 15 October 2026
ASX holdings are transferred in as CHESS-sponsored holdings (CMC is a CHESS participant; nominee only during the T+2 settlement period). International holdings carry a custody fee (0.50% p.a., waivable).
Brokerage
| Trade value | Brokerage |
|---|---|
| Up to $22,000 | $19.95 |
| Over $22,000 | 0.11% |
$19.95 per trade, or 0.11% where the value of shares is over $22,000. Prices include GST.
- Platinum tier (35+ trades a month) costs $17.95 or 0.11%.
- Online brokerage on US, UK, Japan and Canada shares is $0.
Brokerage at common trade sizes
| Trade | Brokerage | Of trade |
|---|---|---|
| $500 | $19.95 | 3.99% |
| $1,000 | $19.95 | 1.99% |
| $2,000 | $19.95 | 1.00% |
| $5,000 | $19.95 | 0.40% |
| $10,000 | $19.95 | 0.20% |
| $25,000 | $27.50 | 0.11% |
| $50,000 | $55.00 | 0.11% |
| $100,000 | $110.00 | 0.11% |
What the broker says
Brokerage
“$19.95 per trade OR 0.11% where value of shares >$22,000”
Source: bendigobank.com.au/personal/investing/share-trading/bendigo-invest-direct-standard/ · Confirmed on the broker's page on 13 November 2026.
Holding
“If you have CHESS Sponsored holdings with another broker and would like to transfer them to Bendigo Invest Direct, the ‘Transfer Chess Holdings”
Source: bendigobank.com.au/personal/investing/share-trading/support/ · Confirmed on the broker's page on 13 November 2026 (the words are split across a table there).
Execution
“Bendigo Invest Direct is a service provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL No. 246381 (CMC Markets Stockbroking), a Participant of the ASX Group (Australian Securities Exchange), SSX (Sydney Stock Exchange) and Cboe (previously known as Chi-X) at the request of Bendigo and Adelaide Bank Ltd (ABN 11 068 049 178, AFSL 237879) (Bendigo Bank).”
Source: bendigobank.com.au/personal/investing/share-trading/bendigo-invest-direct-standard/ · Confirmed on the broker's page on 13 November 2026.
Licence
- AFS licence
- 246381 · CMC MARKETS STOCKBROKING LIMITED
- ABN
- 69081002851
- Licensed since
- 1 March 2004
- Principal business
- Sydney NSW 2000
- Authorised to
- Buy and sell securities for clients (retail clients)
- Hold assets for clients (custody) (retail clients)
- Advise on securities (retail clients)
- Make a market (retail clients)
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
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