Personal Account: Designed for individual investors, this account requires a certified ID for setup. It provides access to the full range of trading services, including shares, options, warrants, and more.
Self-Managed Super Fund (SMSF) Account: Tailored for individuals managing their own retirement funds, this account type requires a certified copy of the trust deed, certified IDs for the trustees, and a company extract if a corporate trustee is involved.
Company Account: This account is meant for corporate entities and requires a company extract and IDs for the directors and majority shareholders. It enables companies to engage in trading activities through Sequoia Direct Online.
Sequoia Direct Online Fees Review
Sequoia Direct Online offers a competitive fee structure with affordable rates for trading ASX shares and warrants, exchange traded options, and additional software and data services, ensuring cost-effective solutions for various traders.
ASX Shares and Warrants:
Exchange Traded Options (ETO):
Software and Data Fees:
EQUIX Click2Refresh: Free
EQUIX Live Data: $50.00 per month
Iress ViewPoint: Contact Sequoia Direct for a tailored quote based on specific access requirements.
Sequoia Direct Online App Review
Sequoia Direct Online offers robust and versatile trading platforms tailored to meet the needs of various traders through the Morrison Platform and Iress ViewPoint.
Iress ViewPoint
The Iress ViewPoint platform is designed to provide a powerful yet user-friendly trading experience. It offers real-time market data streams, allowing users to receive instant updates on quotes, market depth, and trades as they happen.
The platform provides in-depth stock data, including many information on dividends, historical corporate actions, company profiles, and advanced charting tools for thorough analysis.
Traders can customize their interface with a wide range of widgets, creating a personalized trading environment without needing additional plug-ins. These features make ViewPoint suitable for traders seeking a high level of control and detailed market insights.
Morrison Platform Mobile Applications
The Morrison Platform mobile app offers flexibility and convenience, enabling users to trade on the ASX, Chi-X, and Options markets directly from their smartphones. The app includes live dynamic data, customizable watchlists, indices data, and robust charting functions.
It ensures integration from portfolio management to market execution, providing free alerts to help users never miss an opportunity. Users can view orders, portfolios, and cash balances, and place trades easily with just a few taps. The app is designed to offer trading experience on the go, making it ideal for active traders who need to stay connected to the markets anytime, anywhere.
Research & Education
Sequoia Direct Online provides extensive research and educational resources to support its clients in making informed trading decisions. The platform features a “Latest Market News” section that offers timely updates on market movements, such as notable events impacting major indexes like the Nasdaq and Dow Jones. Articles cover a range of topics including significant stock rallies, market reactions to economic data, and corporate earnings reports.
In addition to market news, Sequoia Direct Online hosts CEO and expert interviews, offering insights from industry leaders and financial experts. These interviews provide valuable perspectives on market trends, investment strategies, and future economic outlooks.
The platform also includes company news, keeping traders updated on developments within Sequoia and other relevant corporations. For those seeking deeper understanding, the support section features software documentation, a trading glossary, frequently asked questions, and downloadable documents, ensuring that users have access to all the necessary information to effectively utilize Sequoia Direct Onlines trading tools and services.
Customer Service
Sequoia Direct Pty Ltd is a Corporate Authorised Representative (No. 1247917) of Sequoia Wealth Management, holding an AFS Licence No. 472387 (ACN 002 314 310).
You can visit them at Level 7, 7 Macquarie Place, Sydney, NSW 2000, Australia. For assistance, call 1300 363 766 or email tradingdesk@sequoia.com.au. Also, users can connect with them on LinkedIn.
Conclusion
Sequoia Direct Online is a convenient trading platform that offers a wide range of account types, competitive fee structures, robust trading tools, and extensive research and educational resources.
Regulated by ASIC, it ensures a secure trading environment while providing exceptional customer support through multiple channels. With its user-friendly platforms and commitment to empowering traders, Sequoia Direct Online is a reliable choice for both novice and experienced investors.
FAQs
Question: What types of accounts does Sequoia Direct Online offer?
Answer: Sequoia Direct Online offers Personal Accounts, SMSF Accounts, and Company Accounts, each with specific documentation requirements.
Question: What is the trading fee for ASX shares and warrants?
Answer: The trading fee for ASX shares and warrants is $12.00 or 0.08%, whichever is greater, plus GST.
Question: How can I contact Sequoia Direct Online customer support?
Answer: You can contact customer support via phone at 1300 363 766 or email at tradingdesk@sequoia.com.au.
Question: What trading platforms does Sequoia Direct Online provide?
Answer: Sequoia Direct Online provides the Iress ViewPoint platform for desktop users and the Morrison Platform Mobile Applications for mobile trading.
Question: What educational resources does Sequoia Direct Online offer?
Answer: Sequoia Direct Online offers market news updates, CEO and expert interviews, company news, software documentation, a trading glossary, and frequently asked questions to support traders.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.