BT Margin Loan

As market leaders in margin lending, BT has the expertise to help you make the most of your money by using gearing to leverage your equities exposure.

Borrow to invest

Borrow to invest over a wide universe of shares and managed funds, including mid and small cap stocks.

Diversify your portfolio

Fees and performance

No application or establishment fees for individual or company borrowers. No transaction fees.

View interest rates

Apply for a BT Margin Loan

Download the application booklets. We recommend that you read our margin lending brochure, PDS and FSG before you apply.

Features and benefits

With a BT Margin Loan you can borrow to invest, helping you to diversify your investments and build your wealth so you can prepare for the best in the future. A margin loan is available to Australian residents, companies and trusts. Borrowing to invest increases your potential gains, and your potential losses. Please refer to the PDS for more information on the key risks.

Flexible repayments, no fees

The facility is an open-ended revolving line of credit with no set principal repayment schedule. Part or full repayments can be made at any time.

Flexible loan structure

There are no transaction limits, no minimum amounts for cash advances, loan draw-downs or repayments. Hold securities in your name or that of a third party.

Around the clock access

View and manage your account 24/7 online.

Choice of acceptable securities

Choose from over 2,100 shares and managed funds with LVRs between 35% – 75%.

Servicing wholesale clients

A streamlined margin loan application process, for investors who satisfy the definition of a wholesale investor. Find out more about being a wholesale investor

Call options

BT Margin Lending customers can sell covered call options against shares held on their margin loan. Options accounts can be linked by obtaining the services of any of the following approved stockbrokers for options trading. View approved options brokers

Risks associated with BT Margin Loan:

  • Like any investment, there are some risks.

  • Borrowing to invest can increase your potential returns; it can also increase potential losses.

  • The value of securities may not go up, or, if they go up, the increase in value may not be sufficient to cover the costs of the investment.

  • You need to ensure that you can fund your obligations under your loan including any interest, fees and charges. If you can’t, the securities will be sold to satisfy these obligations.

  • You should also consider the taxation consequences and seek independent professional tax advice.


As of 1 July 2019 some terms in our facility agreement have been amended to accommodate the introduction of the Banking Code of Practice and to comply with Unfair Contract Terms legislation.

 1. Banking Code of Practice: The Banking Code of Practice (the 'Code') is a set of obligations developed by the banking industry to ensure we meet the community's expectations and deliver great service to our clients. The Code holds us to account. The 2019 version of the Code came into effect on 1 July 2019. The Code applies to individual and small business customers, and their individual guarantors. Where the Code applies, it is a legally-binding agreement between us and our customers. Read the Banking Code of Practice.

2. Unfair Contract Terms: As part of our focus to continually improve the products and services we provide to our customers, we have reviewed our contracts and updated the existing unfair contract term protections for consumers and small business. 

For more information

If you are an investor
Call BT Customer Relations on 1800 816 222 Monday-Friday 8.30am-5.30pm (Sydney time)
Email us at

If you are a financial adviser
Call BT Adviser Relations on 1800 671 409 Monday-Friday 8.30am-5.30pm (Sydney time)
Email us at

Find the support, product disclosure statements, and forms you need to grow and manage your BT investments.

For help changing contact details, establishing a regular investment plan, using Bpay, providing a TFN and much more. 

Prices and performance information for BT financial products - unit prices, distributions, management costs and fund performance.

BT Securities Limited ABN 84 000 720 114, AFSL No. 233722 and Westpac Banking Corporation ABN 33 007 457 141, AFSL No. 233714 (Westpac) are together the issuers of the BT Margin Lending Margin Loan - Product Disclosure Statement (PDS), a copy of which can be obtained by calling 1800 816 222 or from the BT Margin Loan downloads. This information has been prepared without taking into account your personal objectives, financial situation or needs.

For this reason, before acting on the information you should consider its appropriateness to your objectives, financial situation and needs and consider the disclosure documents which include the PDS. The PDS and other disclosure documents are relevant when deciding whether to acquire or hold this product.

Neither Westpac nor any of its respective directors, officers, employees, associates or its subsidiaries guarantee or give any assurance in regard to the capital value, income return or performance of any securities or investments acquired through or in relation to a BT Margin Loan.

Any reference to taxation matters is a general statement only and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and proposed announced tax amendments. The individual situation of investors may differ and investors should seek independent professional tax advice on any taxation matters.