Open a single Bellmont DMA Trading Account and choose the service that best fits your needs.
Choose between the following options:
Most new Safety in the Market clients start out using ABC Trade Management which allows them to place SITM style orders with Bellmont.
Some clients choose to trade online managing the trade themselves and also enjoying lower brokerage rates.
With your single Bellmont DMA Account you can swap between the two services at any time.
You are welcome to place your orders over the phone at no additional cost.
If you would like to amend the trade (e.g. Adding or changing a milestone) simply call or email our Sydney team.
Feel more comfortable placing your orders over the phone? No problems, Bellmont offers telephone placement of ABC Style Orders.
For those clients wishing to manage the trade online themselves, Bellmont DMA provides brokerage rates from $10 or 0.10% (plus GST), which is one of the cheapest online rates for Direct Market Access in Australia.
With free desktop and mobile trading platforms Bellmont DMA has you covered. For the professional trader Bellmont DMA Trader Pro offers the same functionality that we use in here on the dealing desk for a small monthly cost (rebated if you place 14 trades per month).
Bellmont DMA provides Direct Market Access to Australian stocks (CFDs), as well as many other overseas markets including US Stocks, European Stocks, Asian Stocks, Currencies (FX Market), Indices such as the SPI 200 and Gold & Oil. Trade all of these from a single platform.
Unlike many other brokers with Bellmont DMA your funds are held here in Australia in a NAB bank account. Why take the risk with brokers who send your money offshore.
Does Bellmont Offer Direct Market Access (DMA) Trading?
– Yes. That’s why we called our platform Bellmont DMA.
What is Direct Market Access Trading?
– CFD providers using a Direct Market Access (DMA) model, quote prices identical to what is observed in the underlying market. There is never an additional spread, meaning no hidden costs. There is more information at the bottom of this page.
Where can I download the Mobile Trading Platforms From?
– Our mobile platform is available on the iPhone & Android app store. Search “IRESS”.
Can I use more than 1 Trading Platform?
Can I place Orders Over the Phone?
– Yes at no extra cost.
Does Bellmont Offer Paper Trading?
– Yes please contact us for more information.
Click on the below link to open an account with access to ABC Trade Management services.
This is where you place an order with Bellmont (including entry, stops, milestones and a final profit target) and we are responsible for managing the trade from entry to exit. Orders are created using Bellmont Order Builder (demo here) and are emailed or phoned.
$25 or 0.25% plus GST
Please note that you can swap to the online trading rates anytime you like once the account is open.
Click on the below link to open an account with online trading rates.
This is where you manage the trade yourself and can place trades online (mobile or desktop) or over the phone. You are responsible for entry and exit as well as moving your stop losses. It’s the cheapest way of placing orders with Bellmont and you are in full control of the trade.
$10 or 0.10% plus GST
Please note that you can swap to ABC Trade Management anytime you like once the account is open.
“I’ve been a client of Bellmont for many years. I’ve found the staff to be friendly, helpful and always follow through with all enquiries made. I’d recommend them to any SITM client.”
Peter H – Client since 2009
“I’m still learning the art of trading and Bellmont Securities have been great. All the people at the dealing desk are very patient and do their best to make sure you understand everything. The fact they have the order builder makes it very straight forward for SITM clients as it mirrors exactly how we’re taught to trade. I look forward to growing my trading with Bellmont.”
Michelle S. – Client since 2012
At Bellmont we offer Direct Market Access (DMA) CFDs and are often asked to explain the difference between DMA vs Market Maker CFDs. The following page outlines the main differences and as you will see Direct Market Access has major advantages over the older Market Maker model.
1. Real Market:
CFD providers using a Direct Market Access (DMA) model, quote prices identical to what is observed in the underlying market. There is never an additional spread. This is a very important fact given that technical traders use real market prices when calculating their entry and exit levels and therefore should also trade at real market prices. It also means that there are no hidden costs attributable to an additional spread.
2. No Requotes:
CFD providers using a Direct Market Access (DMA) model will never requote prices when a trader places an order. The prices quoted only change when the underlying market changes and will at all times remain identical to the underlying market.
3. 100% Hedging Methodology:
CFD providers using DMA hedge every position that you as a client places. This means that when you place a buy order they place a corresponding buy order in the real underlying market instantaneously. This methodology means that the DMA CFD provider has no interest in your trading results, ie: they do NOT make a profit when you make a loss and vice versa.
4. Full access to opening and closing market auctions:
CFD providers using DMA allow clients to have full participation in opening and closing market auctions. This can be an important source of both liquidity and price movement.
5. Clients can be price takers and price makers:
This means that limit orders that are placed are simultaneously placed on the underlying market and hence the trader has the opportunity for other traders to hit, and fill their order.
1. Synthetic Market:
Under a market maker model the CFD provider creates a synthetic market which resembles, but is NOT the actual underlying market. The example above illustrates the additional costs that traders incur under the market maker model, which is essentially hidden brokerage.
CFD providers can manipulate the spread on a particular stock or tradable contract after a trader (you) places an order. For example if a CFD provider using a market maker model is quoting a spread on WBC of 25.48 BID 25.53 OFFERED and you placed an order to buy 2000 at 25.53, they may tell you that the offer is now 25.54 and that you have to pay an extra cent. Again this may not appear to be significant, however it does add up. You will never be faced with requotes under a Direct Market Access CFD provider. Your order will always go through at the prices quoted on the underlying contract.
3. Alternative Hedging Methodology:
CFD providers using a market making model do NOT always hedge your position, which means that when you make a loss they may make the corresponding profit and vice versa. Clearly this creates a conflict of interest as your broker and CFD provider has an interest in you making a loss. Traders should be sceptical of this because not only does the broker take the other side of your position they also set the prices at which you can trade.
4. No access to opening and closing market auctions:
CFD providers using a market making model do not allow clients to participate in the opening and closing market auctions.
5. Clients can only be price takers:
CFD providers using a market making model only allow clients to be price takers. This means limit orders that are placed cannot be seen by other traders in the market, reducing the likelihood of having your limit order filled. The client always trades against the CFD provider.