ASB charge $125 every six months for operating a margin lending facility. This is waived if the interest charged to the client exceeds $400 for that period. I was recently charged $125 because the interest was only $388, a shortfall of $12. I wrote to ASB saying that the charge was iniquitous, particularly as the previous 6 months interest was about $1,600. They reversed the fee but warned me that this was a 'one-off' and that they might not be so generous for the next six months. So much for the many thousands of dollars ASB have earned over the past decade from me for interest and share transaction fees ($30 up to $10,000 then increasing after that depending on share value).

I'm now feeling unloved at ASB so would appreciate hearing what other brokers charge for trading and margin lending fees. Can I do better?