Betashares Direct referral codes

The Betashares Direct "Invite Friends" program uses a dual-incentive reward system. When a new user signs up using a valid referral link, they receive an initial $20 bonus to invest upon completing registration. Once that new user makes a single qualifying deposit of $50 or greater into their account, the person who referred them is awarded a $40 bonus to invest. Both rewards are designated to be invested directly into Betashares ETFs or Portfolios. This current promotional offer runs until 1st July 2026.

No, Betashares Direct does not operate on a standard CHESS-sponsored model, meaning you will not be issued an individual Holder Identification Number (HIN) for your platform investments. Instead, it utilizes a highly secure custodial model, where your assets are legally held on a pooled basis by their designated institutional custodian (Citigroup Pty Ltd). Crucially, you maintain 100% full beneficial ownership of your investments, ensuring you receive all eligible distributions, dividends, and asset protection, while benefiting from fractional share investing and simplified, consolidated end-of-year tax reporting.

Betashares Direct is able to sustain its $0 trading brokerage model by utilizing two primary structural revenue streams. First, the platform retains a portion of the interest earned on uninvested cash balances sitting inside your main Cash Wallet. Second, while standard self-directed trading is entirely free, they charge minor flat or percentage-based management fees if you choose to utilize their automated AutoPilot portfolios (which offer pre-built or custom diversified managed funds). There are no monthly account-keeping fees for holding a regular self-managed account.