Pay as you go, or choose a plan
Get pay as you go access to investing, spending, saving, insurance, and the Sharesies KiwiSaver Scheme, or work towards your goals with one of our plans.
Bring your wealth together with pay as you go
NZ, US, and Australian shares, with transaction fees from less than 1¢ up to the fee cap:
$5 USD for US shares
$15 AUD for Australian shares
$25 NZD for NZ shares
Cryptocurrencies, including Bitcoin and Ethereum
The Sharesies KiwiSaver Scheme, offering more choice
On-call Save and PIE Save accounts, with no limits
A Spend account earning Investback™ for $25 per year
Insurance for your car and pets
Or work towards your goals on a plan
$3 plan
$3 per month, or $32.40 annually
Benefits
Transaction fees covered on share orders:
$500 NZD of buy and sell orders per month, and
$1,000 NZD of auto-invest orders per month
Coming soon: a Spend account earning Investback for $12 annually (usually $25)
Capped transaction fees apply to any orders over your coverage.
$7 plan
$7 per month, or $75.60 annually
Benefits
Transaction fees covered on share orders:
$1,000 NZD of buy and sell orders per month, and
$3,000 NZD of auto-invest orders per month
Earn Airpoints Dollars™
Coming soon: a Spend account earning Investback for $12 annually (usually $25)
Capped transaction fees apply to any orders over your coverage.
$15 plan
$15 per month or $162 annually
Benefits
Transaction fees covered on share orders:
$5,000 NZD of buy and sell orders per month, and
$10,000 NZD of auto-invest orders per month
Earn Airpoints Dollars™
NZX market depth
US live data
Coming soon: a Spend account earning Investback for $12 annually (usually $25)
Capped transaction fees apply to any orders over your coverage.
Wealth tailored to you
If you’re managing over $1 million on Sharesies, get in touch to find out how we can support you.
Pay as you go
A 1.9% transaction fee applies on the amount invested (or sold), up to a fee cap:
$5 USD for US shares (orders over $264 USD)
$15 AUD for Aussie shares (orders over $805 AUD)
$25 NZD for NZ shares (orders over $1,316 NZD)
There’s no transaction fee on orders for managed funds (funds not listed on an exchange).
How we calculate transaction fees
For market orders, limit orders, and trigger buy orders placed in dollars, the transaction fee is calculated on the amount to invest (the net amount) and deducted from the order amount you enter (the gross amount).
Your transaction fee won’t be higher than the capped fee amount per order for each market.
Example: Buy order below fee cap
If you place a $100 buy order, the amount that’ll be invested ($98.14) is used to calculate the transaction fee amount ($98.14 x 1.9% = $1.86), which is deducted from your order amount ($100 - $1.86 = $98.14).
Example: Buy order above fee cap
If you place a $1,500 buy order for NZ shares, a 1.9% transaction fee would work out to be $27.97 ($1472.03 x 1.9%). But, because the capped fee amount for NZ shares is $25 per order, you’re only charged a $25 transaction fee and the amount invested is $1,475.
Fee examples are in NZ dollars (NZD).
For limit buy orders in whole or fractional shares, the transaction fee is calculated on the amount to invest (the net amount). You set the amount to invest by selecting the highest price to pay per share and the number of shares to buy.
The order amount you’re charged is the amount to invest plus the transaction fee. Your transaction fee won’t be higher than the capped fee amount per order for each market.
When you place a limit buy in shares, an estimated fee amount is shown. When your order fills, the fee is recalculated on the actual amount invested.
Example: Limit buy order below fee cap
If you place a limit buy order, your amount to invest will be $100 at most if you set:
the highest price to pay per share at $10, and
the number of whole shares to buy at 10.
From the amount to invest, a $1.90 transaction fee (1.9% × $100 = $1.90) is calculated and your total order amount is estimated to be $101.90.
Example: Limit buy order above fee cap
If you place a limit buy for US shares, your amount to invest will be $500 USD at most if you set:
the highest price to pay per share at $10 USD, and
the number of whole shares to buy at 50.
A 1.9% transaction fee applied to the amount to invest ($500 USD) would work out to be $9.50 USD (1.9% × $500 USD = $9.50 USD). But, because the capped fee amount for US shares is $5 USD per order, you’re only charged a $5 USD transaction fee and your total order amount is estimated to be $505 USD.
Fee examples are in NZ dollars (NZD) unless otherwise specified.
For market sell orders, you set the number of shares to sell, and we calculate an estimated order amount using the estimated market price (for stop loss orders, we calculate an estimated order amount using the price you set to trigger a sell order). From the estimated order amount, we calculate an estimated transaction fee on the estimated amount you’ll receive.
When your order fills, the fee is recalculated on the actual amount you receive, and deducted from the sell order amount before it reaches your Wallet. Your transaction fee won’t be higher than the capped fee amount per order for each market.
Example: Market sell order below fee cap
If you place a sell order for 10 shares with an estimated market price of $10 per share, your estimated order amount will be $100.
From the estimated $100 order amount, we calculate an estimated $1.86 transaction fee on the estimated $98.14 amount you’ll receive ($1.86 = 1.9% × $98.14).
Example: Market sell order above fee cap
If you place a sell order for 150 NZ shares with an estimated market price of $10 per share, your estimated order amount will be $1,500.
From the estimated $1,500 order amount, a 1.9% transaction fee calculated on the estimated $1,472.03 amount to receive would work out to be $27.97 (1.9% × $1,472.03 = $27.97). But, because the capped fee amount for NZ shares is $25, you’d only be charged a $25 transaction fee and the estimated amount received is $1,475.
Fee examples are in NZ dollars (NZD).
For limit sell orders, you set the number of shares to sell and the lowest price to sell per share—this gives you an estimated order amount. From the estimated order amount, we calculate an estimated transaction fee on the estimated amount you’ll receive.
Example: Limit sell order below fee cap
If you place a limit sell order, your estimated order amount will be $100 if you set:
the number of whole shares to sell at 10, and
the lowest price to sell per share at $10.
From the estimated $100 order amount, we calculate an estimated $1.86 transaction fee on the estimated $98.14 amount you’ll receive ($1.86 = 1.9% × $98.14).
When your order fills, the fee is recalculated on the actual amount you receive, and deducted from the sell order amount before it reaches your Wallet. Your transaction fee won’t be higher than the capped fee amount per order for each market.
Example: Limit sell order above fee cap
If you place a limit sell order for NZ shares, your order amount will be $1,500 at most if you set:
the lowest price to sell per share at $10, and
the number of whole shares to sell at 150.
A 1.9% transaction fee applied to the estimated amount to receive ($1472.03) would work out to be $27.97 (1.9% × $1472.03 = $27.97). But, because the capped fee amount for NZ shares is $25, you’re only charged a $25 transaction fee and your total estimated amount to receive is $1,475.
When your order fills, the fee is recalculated on the actual amount you receive, and deducted from the sell order amount before it reaches your Wallet. Your transaction fee won’t be higher than the capped fee amount per order for each market.
Fee examples are in NZ dollars (NZD).
How we compare
| Amount to invest (NZD) | Sharesies | ASB Securities | Craigs IP | Hatch | Stake | Superhero** | Tiger Brokers |
|---|---|---|---|---|---|---|---|
| $5 | $0.10 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $50 | $0.95 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $100 | $1.90 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $200 | $3.80 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $500 | $9.50 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $1,000 | $19.00 | $15.00 | $75.00 | Not offered | Not offered | Not offered | $4.00 |
| $10,000 | $25.00 | $30.00 | $125.00 | Not offered | Not offered | Not offered | $30.00 |
| $25,000 | $25.00 | $75.00 | $312.50 | Not offered | Not offered | Not offered | $75.00 |
Updated 28 November 2025. Fee amounts are for a single order in displayed currency, and include transaction and currency exchange fees from an NZD deposit—other fees may apply. Sharesies pricing is compared against competitors’ standard pricing accessed from their websites. For the most up-to-date competitor info, visit their websites. On Sharesies, top-ups and withdrawals can only be made in NZD.
Other investing-related fees
You’re charged a 0.5% currency exchange fee when you exchange money.
The fee is calculated on the amount to exchange, and deducted from the amount you enter.
You can exchange money in Sharesies any time you like, or during the buy or sell process.
When you invest in an ETF or managed fund, you’re charged a management fee. This is charged by the fund provider—not Sharesies—and included in the unit price.
The fee pays for the fund’s management, distribution, and operational costs.
The management fee is different for each fund, so check the fund info before you invest.
Orders for managed funds (funds not listed on an exchange) aren’t charged our transaction fee. But, we do charge the managed fund provider a fee, which you can expect to make up some part of the management fee they charge.
Managed funds may charge a transaction fee when you buy and sell units. This is also known as a ‘spread fee’.
The fee is added to the price when you buy, and deducted from the price when you sell. This is charged by the fund, not Sharesies.
When you invest in an American depositary receipt (ADR), you may be charged depositary fees. These are charged by the depositary bank that issued the ADR, not Sharesies.
The fees cover the depositary bank’s costs for managing the ADR, and are based on how many receipts you hold. Generally, the fee is less than $0.10 USD per receipt annually.
The depositary fee can be charged a couple of ways:
if the ADR pays dividends, the fee will be deducted from any dividends on the ex-dividend date before they’re paid into your Wallet
if the ADR doesn’t pay dividends, the fee will usually be deducted from your Wallet balance during the year.
Sometimes, it could be a mix of both—part of the fee deducted from your dividends and the rest deducted from your Wallet during the year.
When you transfer shares, you may be charged a fee depending on the type of transfer you make.
NZ shares
To transfer shares listed on the New Zealand Stock Exchange (NZX) into Sharesies, we don’t charge a fee.
To transfer NZX-listed shares out of Sharesies, it costs $15 NZD per investment you transfer.
Australian shares
To transfer shares listed on the Australian Securities Exchange (ASX) into Sharesies, we don’t charge a fee.
To transfer ASX-listed shares out of Sharesies, it costs $50 NZD per investment you transfer.
US shares
To transfer US shares into Sharesies, we don’t charge a fee.
Fees for US share transfers out
DriveWealth partner transfer
For share transfers from Sharesies to another DriveWealth partner (for example, Hatch or Stake), you’re charged per transfer request. Our share transfer fee is $100 USD to transfer out of Sharesies. You can transfer any number of investments within a request.
Depository Trust Company (DTC) transfer
For share transfers from Sharesies to a broker that isn’t a DriveWealth partner, our share transfer fee is $50 USD per investment you transfer within a request.
Direct Registration System (DRS) transfer
For share transfers from Sharesies to transfer agent (for example, Computershare or Equiniti), our share transfer fee is $100 USD per investment. Only one investment may be transferred in each request.
Account-to-account transfers
There’s a fee for transferring shares from one NZ Sharesies account to another NZ Sharesies account. It costs $50 NZD to transfer up to 25 investments, then $2 NZD for each additional investment in the share transfer request after the first 25.
Platform fees
Each time you make an instant bank transfer, you’re charged a transfer fee. This fee will be 0.95% of the value of the transfer—up to a maximum amount of $3 per transfer.
If you use an instant bank transfer for your first ever Wallet top-up, your transfer fee will be covered.
You’re not charged this transfer fee for regular bank transfers, but the money might take a bit longer to appear in your Wallet.
You’re charged a card processing fee when you top up a Sharesies Wallet, buy a Sharesies Gift, or pay for a plan with a debit card, credit card, Apple Pay, or Google Pay.
This fee is calculated on the amount you enter to top up or buy. You’ll see how much the fee will be before you confirm your order.
If you use a card for your first ever Wallet top up by card (for an amount up to $100 NZD), your card processing fee will be covered.
When you request to withdraw money that hasn’t settled, you have the option to pay a fee to receive your withdrawal in one business day.
The fee is 1.9% of the unsettled amount, and is deducted from your total withdrawal amount.
For example, if you request to withdraw $500 and $200 of that is unsettled, you could pay a $3.80 fee (1.9% of $200) to receive your withdrawal faster. The withdrawal amount you’d receive in your bank account would be $496.20 ($500 minus the $3.80 faster withdrawal fee).
A $15 NZD account closure fee may be charged (or deducted from the remaining Wallet balance, if less) if your account is closed because:
it hasn’t complied with our anti-money laundering and countering financing of terrorism (AML-CFT) obligations
other inappropriate behaviour.
We also earn interest from any money in your Wallet or Spend account, and money from external partnerships, including:
revenue from Cove for insurance policies bought through Sharesies
fees from companies to distribute info or offers (such as capital raises), or for providing services (such as Staff Shares and Sharesies Open)
fees from fund providers if they pay us to have their funds on Sharesies.
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