Pricing
Sharesies has competitive pricing whether you’re investing in NZ or the US. We charge a subscription fee to use the service, and then a transaction fee for companies in NZ, and for companies and ETFs in the US. There’s also a small currency exchange fee for US trades.
Subscription fee
Choose to pay your subscription monthly or annually. Your first month is free!
A Kids Account is half the price of an adult subscription.
Find out more in our help centre.
Monthly
The price is based on your Portfolio value.
This is the best value if you’re looking to invest less than $3000 over the next year.
| Portfolio value |
Price |
| $50 or less |
Free |
| $50 to $3000 |
$1.50 /month |
| $3000+ |
$3 /month |
Annually
The sky's the limit! This is best value if you’re looking to have over $3000 in Sharesies for a year or more.
$30/yr
for Portfolio value over $50
You’ll automatically be signed up to pay monthly—you can change this at any time. For more info about how pricing is calculated check out our help centre.
Transaction fees
Sharesies charges a transaction fee when you buy and sell shares in companies.
These are also known as ‘brokerage fees’. We charge the same brokerage fee for US companies and ETFs—but charged in US dollars.
We charge a transaction fee based on the dollar-value you buy or sell:
For example
If you made an order of $6,000 in a company, this would include a $18 transaction fee.
$15 for the first $3,000 (0.5% x $3,000), and $3 on the remaining $3,000 (0.1% x $3,000).
$30
in Company A
0.15c
+
No fee
=
0.15c
$29.85
$3,000
in Company B
$15
+
No fee
=
$15
$2,985
$6,000
in Company C
$15
+
$3
=
$18
$5,982
|
Fee (0.5%)
Up to $3,000
|
+ |
Fee (0.1%)
For amounts
over $3,000
|
= |
Total fee
per order
|
$ amount
invested
after fees
|
$30
in Company A
|
0.15c |
+ |
No fee |
= |
0.15c |
$29.85 |
$3,000
in Company B
|
$15 |
+ |
No fee |
= |
$15 |
$2,985 |
$6,000
in Company C
|
$15 |
+ |
$3 |
= |
$18 |
$5,982 |
If you buy shares in more than one company they’re treated as separate orders and have separate transaction fees.
Exchange fees
You can only trade on the US markets with US dollars.
We charge a 0.4% exchange fee when you change NZ dollars into US dollars, and US dollars into NZ dollars. You do this currency conversion in Sharesies before you buy or sell shares, or during the buy or sell process.
Management fees
There’s a management fee built into the price of ETFs and managed funds.
These are charged by the fund manager, not Sharesies. Some fund managers also charge a buy or sell fee that they include in the price. The fees are different for each fund, so please check the fund info before you invest.
How Sharesies makes money
We make money in a few different ways:
- We charge a subscription fee for using Sharesies
- You pay a transaction fee when you buy or sell some investments
- Fund providers might pay us (also known as a rebate) to have their funds on Sharesies
- We earn interest from the money in your Wallet
- We make a small amount when you convert currency