How Bigwig Works

Step 1 - Sign in to Bigwig

Step 2 - Open a Bigwig Trading Account

Step 3 - Transfer some money to your new Macquarie Cash Management Account linked to Bigwig

Step 4 - Choose an ETF or a portfolio of ETF's and click "Buy"

Step 5 - Monitor your portfolio on your personal Bigwig portfolio report.

Step 1 - Sign into Bigwig.

Using your email, Facebook or Google account.

Step 2 - Open a Bigwig Trading Account.

In the members menu click "Open a Bigwig Trading Account".

You will need your drivers license and it's best if you have your Tax File Number handy.

Fill in the form. We use this information to create some very important things for your investment strategy:

- a Macquarie Bank Cash Management Account - this is your account, a place where you put the funds that are available for investment. It's also the place where we will put the funds when you sell or when you receive a dividend or a distribution from your investments.

- a trading account with our stock exchange partner Open Markets.

If you have any problems with the form or any questions at all you can always contact us at jc@accument.com.au.

After you submit the form you will receive an email from Macquarie Bank. Follow their instructions to complete your Cash Management Account opening.

We will be in touch when your account is ready to use. This may take up to 48 hours.

Step 3 - Transfer some money to your new Macquarie Cash Management Account (CMA) linked to Bigwig.

The CMA is your account. You can transfer money in and out whenever you like as you would with any bank account. You do need to ensure that when you purchase an ETF using Bigwig that you have the funds available in the CMA to cover the purchase.

When you sell and ETF the funds from that sale will automatically be transferred to this account and you can withdraw those funds when the trade settles (date of the trade plus two working days).

Many ETF's pay regular dividends. These dividends will also be paid into your CMA.

Step 4 - Choose an ETF or a portfolio of ETF's and click "Buy"

Do some reading first. Have a look at articles in our blog about understanding what sort of an investor you want to be. This will help you to decide which ETF's to buy. Or you can use our portfolios as a guide and just use the same ETF's in your own portfolio in the same %'s.

When you have decided which ETF or ETF's are right for you just head to the "Buy and Sell" tab in the members area and click "Buy". Enter your email address, your customer number, the code of the first ETF you want to buy and the dollar value you would like to invest in that ETF. Mostly we recommend that you buy "at market", that is just the best price we can get for you at the time, but if you wish you can place a limit on the order. That means you can say I want to buy XYZ ETF but only if the price is less than $xx.xx. If you order does not get filled you will need to place the order again the next day.

When you have placed an oder, we will confirm it with you and then let you know when and if the order is completed on the market.

Step 5 - Monitor your portfolio on your personal Bigwig portfolio report.

When you have purchased an ETF or several we will provide you with an investment report. The report will give you a snapshot of your investments and is available any time.