To trade online with BOQ Trading, you can open a BOQ Money Market Deposit Account for settlement of your trades. Then you’ll be able to:
- Streamline settlement of your share transactions
- Earn competitive interest on your cash between trades
- Trade with lower brokerage costs than settling to any account
- View your trading details and cash balance online
You can open a BOQ Money Market Deposit Account as part of your application for BOQ Trading.
About the Money Market Deposit Account
The BOQ Money Market Deposit Account is issued by Bank of Queensland Limited (BOQ). DDH Graham Limited's Money Market Division administers the BOQ Money Market Deposit Account as an agent for BOQ, so any deposit you make in this account represents a deposit with BOQ. Deposits are subject to depositor protection provisions under the Banking Act 1959 (Cth).
What you get
- Safety of a bank investment
- Competitive interest rates for at-call deposits
- Monthly capitalisation of interest, calculated daily
- No entry or exit fees
- Online access to view account details
- Dividends or interest payments can be electronically credited to the account
- Direct debit and periodic payment facilities available
- Telephone redemptions to your nominated account
- Cheque book available with at-call account option (subject to conditions and some fees)
- No bank fees or government charges for standard transactions
- Can be linked to your BOQ Trading account
- Monthly statements for at-call accounts detailing all transactions and interest paid
View the current interest rates for the BOQ Money Market Deposit Account for BOQ Trading customers, along with our other Savings and Investment accounts.
Secure online access to your accounts.
Access maintenance forms relevant to your BOQ Money Market Deposit Account.
For more information about the Money Market Deposit Account, or on interest rates available, please contact DDH Graham.
Apply for a BOQ Trading account and linked Money Market Deposit Account in minutes by completing an application form online.
Alternatively, you can contact the BOQ Trading Helpdesk for assistance on 1800 748 977 or via e-mail at helpdesk@boqtrading.com.au.
BOQ Trading is a service provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL No. 246381 ("CMC Markets Stockbroking"), a Participant of the ASX Group and made available at the request of Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616 ("BOQ"). This material may contain general advice. This material has been prepared without taking account of your objectives, financial situation or needs. Before deciding whether to acquire or to continue to hold any financial product referred to in this material, please consider the applicable Product Disclosure Statement, Product Guide, Financial Services Guides (FSG) or other relevant disclosure documents. A copy of these materials can be obtained from boqtrading.com.au, by calling the BOQ Trading Helpdesk on 1800 748 977 or via email at
helpdesk@boqtrading.com.au. Neither CMC Markets Stockbroking nor BOQ are representatives of each other. To the extent permitted by law, BOQ will not guarantee or otherwise support CMC Markets Stockbroking’s obligations under the contracts or agreement connected with the BOQ Trading service.