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FAQs

Need answers?

Spectrum Live has just launched Spectrum University.
This exciting section features many short videos for you to discover exactly how to use and get the most out of the Spectrum Live Trader.

How do I open an account?

Download and read all the documents listed below:

Account Applications

Spectrum Live Dealing Application Form

Spectrum Live Certificate of Foreign Status of Beneficial Owner for US Tax Withholding (W-8BEN)

Spectrum Live SSI Banking Details

Spectrum Live Additional Facitlities Form

Product Disclosure Statements & FSG

Spectrum Live Financial Services Guide

Spectrum Live Trading Account Terms

Spectrum Live Product Disclosure Statement for Contracts For DIfferences

Spectrum Live Product Disclosure Statement for Futures Contracts For Difference

Spectrum Live Product Disclosure Statement for Futures & Derivatives

Spectrum Live Product Disclosure Statement for Foreign Exchange & Commodities

 

Please Note

  • All NEW accounts must fill in W-8BEN Form to trade in United States Stocks.

  • All NEW Clients MUST have ALL documentation Certified.

For Individual Applications:

  • a copy of your signed and valid passport or driver's License and

  • proof of residency such as a copy of (ANY one):

- a utility bill

- ATO statement

- a bank statement or utility bill issued in the last 6 months

For Corporate/Trust Applications:

certificate of incorporation

copies of Trust Deeds

copies of passports or drivers licenses belonging to:

- authorized signatories to verify signatures and - proof of residency such as a copy of (ANY one):

- a utility bill

- ATO statement

- a bank statement or utility bill issued in the last 6 month

Print off the Spectrum Live Dealing Account Application, fill it out and mail with copies of identification to -

Accounts Department

Spectrum Live Pty Limited

PO Box 1461Queen Victoria Building NSW 1230

Please be sure to note to your referrer on the application form in order to receive their brokerage rate.

 

What is the minimum account size?

The recommended initial deposit when opening an account with Spectrum Live is AUD $3,000.

 

   

What are your trading costs and spreads?

Full details of our trading costs, commissions and charges for all the products we trades can be seen in our Commissions, Charges and Margin Schedule.

You can also find these on our brokerage page - Click here

 

   

What products will I be able to trade?

Spectrum Live offers a comprehensive range of trading products, including:

  • Margin Foreign Exchange - competitive margin trading on 120+ Forex currency crosses. We offer a full range of Forex investment products including spot Forex on live tradable prices, options and forwards
  • CFDs - Contract for Difference stock’s from 23 major stock exchanges
  • Traditional stocks - from 22 major stock exchanges
  • International futures- for over 200 futures contracts on 17 Exchanges
  • Index CFD’s – Trade on 11 of the largest Indices over 9 International Exchanges

 

   

How do I trade Spectrum Live products?

All Spectrum Live products can be traded through our Spectrum Live Trading Platform. In addition to live trading and direct access to your account, Spectrum Live offers a wealth of trading information such as real-time quotes, charts and analysis from our own in-house analysts to help you make successful trading decisions.

If you need assistance making a virtual trade, your are best to open up your Spectrum Live Trader click “OK” to any upgrades and then press “F1”. This will immediately take you to the support desk where you can watch the “Client Station Walk-through”. This will demonstrate for you exactly how to make a trade.

 

   

How secure is trading through Spectrum Live?

Spectrum Live authentication relies on an RSA 1024-bit key generated and stored on the client workstation.  Data traffic between Spectrum Live and the bank is encrypted using a RC4 128-bit session key. Spectrum Live provides a highly secure trading environment using state-of-the-art encryption for communications with the bank.
   

What service will I receive as a Spectrum Live client?

Even though most trading is done online, we take pride in the level of personal service that we offer our clients. As a new client, you are assigned an Account Executive when you first open an account to help you to get trading as quickly as possible.

There is also a 24 hour / 6 days a week, support desk which you can take advantage of. If you need assistance whilst your making a trade, our “Live Trading” desk will be very helpful to you.

Click here to read some of our testimonials referring to the quality of service that we offer.

   

I am having problems downloading the live chart and news on the platform, what do i do?

There are 2 reasons for this!

1) You do not have JavaScript installed on your computer. To install JavaScript, go to… http://www.java.com/en/download/manual.jsp and click the download button. By doing this you will be able to now see the live charts provided on the platform.

2) This challenge occurs due to your Firewall or Anti-Virus settings. It is recommended, that to allow this content to download onto your computer screen that you minimize your security settings on your virus protection software.

 

   

I have added and deleted some of the window on my screen, and would look to go back to my original settings

It is very easy to go back to your original default settings. The first step is to click on "File" in the top left hand corner. Then go down to where it says "1 SpectrumLiveDefault.wsp"

As soon as you click on this, you will be taken back to your original default settings and you can begin your "Virtual" or "Actual" trading again.