Now that your account is established, the final step is to complete the quick connection authorisation form, below, using the new account details emailed to you by your broker. To reset them, you will need to contact your broker directly.
Once completed you should then be connected within the day, though usually within an hour or so.
The key purposes of this page:
1) To provide an outline of IU’s fees for the provision of the MSP service
2) For you to authorise your account connection, by completing the below online form
This is the final step in the process. You’ll receive an email confirmation, once completely set up, and your account will be receiving orders from then onwards.
For clarification on any points, chat is available in the lower corner.
There are two fee-structure choices. Clients choose a single structure only. Option 1 (brokerage only) is the preferred/default.
Option 1: Pay for your trades only. A mark-up is applied to the broker’s standard costs:
For Shares CFDs: 0.15% of the trade value (no minimum fee)
▸ Example: A trade on Google, to the value of $10,000 AUD, would incur a total brokerage cost of $30 AUD ($15 entry + $15 exit)
For non-Shares CFDs: 13 points, in the underlying currency equivalent (no minimum fee)
▸ Example: A trade on AUDUSD, to the value of $10,000 AUD, would incur a total commission cost of $1.30 AUD ($0.65 entry + $0.65 exit)
This model (Option 1) requires an account with a broker that IU is partnered with.
Option 2: Pay a quarterly subscription only. Pay your broker’s standard costs only.
The subscription cost is based upon the size of your account.
For this option, a subscription will need to be purchased. Please note that this model is slightly more expensive than Option 1, though offers the benefits of capped fees, and wider choice of brokers.
Any compatible broker can be used, as long as they offer a MT4/5, cTrader, or Trading Station platform.
ACCOUNT-CONNECTION AUTHORISATION FORM:
