About your account
When we open your account, you will be issued with a Common Shareholder Number (CSN)
if you don’t have one already. You need to have a CSN in order to trade shares on
the NZX. If you wish to trade on the ASX, click here for more information
We’ll also set up your Cash Management Trust Account (CMT) free of charge. Your
CMT operates like a bank account. Any funds you deposit will earn interest and will
be held in your account until your orders are settled or you otherwise instruct
us to distribute the funds.
Before you can invest with Direct Broking, you’ll need to make sure you have sufficient
funds in your CMT. If you do not have sufficient funds in your CMT to cover your
investment, you will be charged additional fees
How to transfer funds to your CMT arrow_forward
Learn more about the Direct Broking CMT arrow_forward
2. Invest
When your account has been activated and is ready for investing, you will receive
an email with all your account details. Simply click the link in the email and follow
the instructions to log in to your Direct Broking account.
Once logged in, you will have access to real time market data for both the NZX and
ASX, as well as the latest insights from ShareClarity, our digital equity research
partner. ShareClarity provides research regarding more than 270 companies listed
in New Zealand, Australia and Hong Kong.
When you’re ready to invest, simply place your order directly from your online account
You can also place an order over the phone by calling us toll free on 0800 805 777.
Have your client account number ready. Please note,
additional charges will apply.
3. Manage your investment portfolio
Any shares or bonds you purchase with Direct Broking will be added to your online
portfolio and automatically updated over time
You can manually add any shares or bonds purchased elsewhere to your Direct Broking
online portfolio, to view a more complete picture of your investments
You can also connect your Direct Broking account to Sharesight, an online portfolio
management system that tracks dividends, investment performance and generates tax
reports. Sharesight integrates with Xero accounting software.
Got questions about investing with Direct Broking?
Take a look at our FAQs or contact our Client
Support Team toll free on 0800 805 777
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