No charges are applicable to open and maintain an Investment Account with MeDirect. For more information about fees please read our Tariffs & Charges Schedule for Investment Services.

You can fund your trades by depositing funds in your Investment Cash Account, either from another account you hold with MeDirect or from an external bank account. Money in your Investment Cash Account can be used to fund your buy orders on a cleared funds basis.

You can explore our universe of tradable securities on our online trading platform by clicking on ‘Trade’ and selecting ‘Place an Order’. You can search for individual securities by ISIN, ticker or name, or you can view securities with specific features, using our dedicated filters such as price, specific sector, etc..

If you wish to trade or transfer a security that is not currently available on our online trading platform, please call us on (+356) 2557 4400 or send us a secure mail and we will let you know whether it is possible for the requested security to be added to our universe of tradable securities.

For shares, the minimum order size is normally one share. For bonds the minimum order size ranges from 1,000 to 100,000 in the currency of denomination. For mutual funds there is no specific minimum order size. The minimum investment level will be disclosed to you in the order placement screen.

Once an order has been executed, you will receive a secure message through your Online Banking. You will also be able to download your contract note with all the details of the executed trade from the ‘Trade History’ section under ‘My Investments’.  Executed orders will be reflected in ‘My Investments Overview’, while pending trades will be shown by clicking on ‘Trade’ and selecting ‘Pending Trades’. Once executed, these trades will move into the ‘Overview’ section under ‘My Investments’.

You can purchase or sell securities on our Online Trading platform in accordance with the following rules: Orders to buy or sell bonds and equities listed on the Malta Stock Exchange are to be placed as limit orders. When submitting a limit order, you will have to provide a limit price. Buy orders will only be executed at a price equal to or lower than the limit price, while sell orders will be executed at a price equal to or higher than the limit price. Such orders will be left pending for up to 14 calendar days after the order was submitted. The part of the order not executed after 14 calendar days will be cancelled.  Orders to buy or sell international bonds can be placed as limit orders. When submitting a limit order, you will have to provide a limit price. Buy orders will only be executed at a price equal to or lower than the limit price, while sell orders will be executed at a price equal to or higher than the limit price. Orders for international bonds are Day orders and any part not executed will be cancelled at the end of the day. Orders to buy or sell international equities and ETFs can be placed as market orders or limit orders. If you place a market order, your order will be executed at the best available market price in accordance with our Best Execution Policy, which is included as Annex 2 of the Investment Services Terms and Conditions. All orders with be Good for Day, meaning they will automatically expire if not executed by the end of the day when the order was placed.  A “Good for Day” order is an order that is good for that day only, during which time, partial fills can take place. If it is not filled, the order (or any unfilled parts of the order) will be cancelled. When submitting a limit order, you will have to provide a limit price. Buy orders will only be executed at a price equal to or lower than the limit price, while sell orders will be executed at a price equal to or higher than the limit price. When placing limit orders, apart from Good For Day orders, you can also choose to place the order Good Till Date, where you can choose a date up to a maximum of 6 months later till when the order remains valid, or Good Till Cancelled, which means that your order will remain active until you cancel it yourself or until it expires automatically after 6 months. The part of the order not executed after the date chosen by yourself or the 6 months if Good Till Cancelled is chosen, will be cancelled.