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The recommended initial deposit when opening an account with Spectrum Live is AUD $3,000 and for Spectrum Live Options Trader USD $5,000.
Funding Your Account
To fund your Spectrum Live trading account, you must first make a direct deposit in Australian Dollars to the Australian Financial Market Services Limited FX Trust Account (details below) where it will be held on trust for you.
You may deposit funds by direct deposit or using BPAY. Should you wish to fund your account with another currency, please contact your advisor.
Your Spectrum Live Reference is 7000XXXX
Your Spectrum Live Options Trader Reference is UXXXXXX
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Direct Deposit Account Name: Australian Financial Markets Services Limited FX Trust BSB: 083-004 Account: 176820205 Reference No: 7000XXXX |
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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.
Spectrum Live offers a comprehensive range of trading products, including:
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.
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.
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.
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 that you minimize your security settings on your virus protection software.
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"
To obtain account statements for your Spectrum Live Account please follow the below instructions.
Spectrum Live Trader Statements (Platform)
· Multiple statements can be generated but the statements of most relevance for tax purposes and records are "Account Statement", "Financial Statement" and "Trades Executed".
Or alternatively account statements can be obtained from the below website
Spectrum Live Trader Statements (www.onlinewebconnect.com)
Spectrum Live Options Trader Statements
