A one-off share sale allows you to sell issuer-sponsored shares on the Australian Securities Exchange (ASX) using your SRN (Security Reference Number), without opening a trading account with a stockbroker.
Many people end up with shares like this through events such as:
- Participating in an IPO (for example Telstra or Medibank)
- Demutualisations like AMP or NRMA (Insurance Australia Group)
- Employee Share Schemes
- Inheritance from a deceased estate
- Shares purchased many years ago without a broker account
Because these holdings are registered directly with a share registry rather than a broker, selling them through a traditional trading platform can feel complicated.
The good news is that you don’t need to open a trading account to sell them. With Unbroker, you can complete a one-off share sale quickly and move on.
Why People Choose One-Off Share Sale
Traditional brokers are designed for people who want to trade regularly and are seeking additional services. Opening an account usually involves paperwork, waiting for approvals, ongoing fees and learning a trading platform.
That process can take days or even weeks, which isn’t ideal if you simply want to sell a single parcel of shares.
A one-off sale is different. It’s designed specifically for people who:
- Only want to sell once
- Don’t want an ongoing trading account
- Prefer a simple online process
- Want the proceeds paid directly to their bank account
With Unbroker, the entire process is streamlined so you can submit your request online and have the sale handled for you.
How the One-Off Share Sale Process Works
Selling your shares through Unbroker is straightforward.
Step 1 – Submit the online application
Enter your shareholding details, shareholder information, and the bank account where you’d like the funds sent.
Step 2 – Complete identity verification
You’ll receive an email with a secure online ID check. This verifies your identity so we can process the transaction.
Most people complete these steps in around 5 minutes.
Once these steps are complete, we take care of the rest — including placing the trade and arranging payment.
What Happens After You Submit Your Request?
Once your request is submitted, the process follows three stages:
Verification – Your identity and shareholding details are checked. If we require any additional information to complete the sale, our team will contact you.
Execution – The shares are sold on the market.
Payment – After settlement, the proceeds are transferred to your nominated bank account.
Depending on the service selected, funds are paid either the following business day with Same Day Sale & Settlement, or approximately three business days later with our standard service.
What You’ll Need Before You Start
To complete a one-off share sale, you’ll need a few key details:
1. Your Holding Details
These can be found on your shareholding or dividend statement.
If you need help retrieving your SRN we may be able to assist here.
2. Identification
ID verification is completed securely using our 100-point verification process for each registered shareholder. More information on our ID verification process can be found here.
3. Your bank account details
This is where the proceeds from the sale will be transferred.
4. Supporting Documents (if applicable)
Fees for One-Off Share Sales
Unbroker makes selling your shares simple and cost-effective. You always know what you’re paying—and when your money will arrive.
Fees are based on either a flat rate for smaller parcels, or a percentage-based rate for larger holdings. The fee is deducted from the sale proceeds, so there are no upfront costs.
See our pricing & fees for more information.
Estimate the value of your issuer-sponsored ASX shares before you sell with our share value calculator.
When a One-Off Share Sale Makes Sense
A one-off share sale is ideal if:
- You inherited shares and want to cash them out
- You received shares years ago and never opened a broker account
- You were issued shares through an IPO or employee scheme
- You simply want to sell once and move on
Instead of setting up a full trading account, the sale can be completed through a single online process.
Ready to Sell Your Shares Without Opening a Trading Account
If you have issuer-sponsored shares and want a simple way to sell them, Unbroker is designed specifically for that situation.
There are no ongoing accounts, no trading platforms to learn, and no unnecessary delays — just a straightforward way to convert your shares into cash.
Start your one-off share sale with Unbroker today.
Frequently Asked Questions
Yes — if your shares are issuer-sponsored and registered in your personal name, you can sell them online without opening a trading account. For more information, click here.
Yes — shares registered in joint names can be sold online through Unbroker, as long as both shareholders complete the ID verification process. For more information on how to sell your joint holdings, click here.
100 points of ID is a document-based identity check used in Australia. You’ll need to provide certified copies of documents—like a passport, licence, or utility bill—that add up to 100 points. For more information on 100 points of ID click here.
If your shares are issuer-sponsored and you have the SRN, you can sell them quickly online using Unbroker—no trading account required. To learn more about selling issuer-sponsored shares in Australia, click here.
Yes — if your shares are issuer-sponsored, you can sell them online through Unbroker without opening a trading account or using a full-service broker. For a quick guide to selling shares with Unbroker, click here.
Yes — if you're acting under a valid Power of Attorney, you can sell issuer-sponsored shares through Unbroker by providing the required documents and ID. To find out what’s required when selling shares under a Power of Attorney, click here.
An SRN identifies shares held directly with a share registry, while a HIN is used for shares held through a broker. Unbroker can only sell shares registered with an SRN. To learn more about the difference between an SRN and a HIN, click here.
Yes — if you’re acting as an executor or legal representative for an Estate, you can sell issuer-sponsored shares through Unbroker by providing the required estate documents and ID. For more information on selling shares belonging to an estate, click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
A one-off share sale lets you sell issuer-sponsored shares without opening a trading account or using a full-service broker — perfect for casual or one-time sellers.
Unbroker specialises in one-off share sales — no trading account, no upsells, and no ongoing fees. We're built for people who just want to sell and move on. For a detailed comparison, click here.
Most share sales settle within one to three business days — including ID verification, trade execution, and payment. Unbroker offers same-day sale and settlement, enabling you to receive your funds one business day after the sale. For more information on sales and settlement timelines, click here.
Yes — if you have your SRN and ID, you can sell issuer-sponsored shares through Unbroker without logging into the registry. Click here for more information.
Yes — if the shares are registered in the company’s name, they can be sold through Unbroker with the proper documentation and ASIC verification. Click here to see our full guide on selling shares held company.
Yes — if the shares are registered in the name of your trust or SMSF, you can sell them through Unbroker by providing the deed, trustees ID and any supporting documents. To learn more, see our full guide on selling shares held by a family trust or SMSF here.
Yes — if your ESS shares are issuer-sponsored and registered in your name, you can sell them through Unbroker without needing a trading account. For more information on selling shares from an ESS, click here.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID. For more information on our international ID requirements, click here.
We’re required by law to verify the identity of each registered shareholder before processing a sale — it helps prevent fraud and ensures compliance with ASIC and anti-money laundering regulations. For more information on ID verification, click here.
Your SRN is usually found on a holding statement or letter from the share registry — it’s required to sell issuer-sponsored shares through Unbroker. For more information about what an SRN is, click here.
Yes, it’s still possible to sell shares if you can’t find your SRN. In many cases, Unbroker can retrieve your SRN for you and handle the sale process without needing to contact the registry. For more information, click here.
Yes — as long as you're using a licensed and compliant provider like Unbroker. We verify all sales, protect your information, and never ask for upfront payments. For more details on how Unbroker keeps your transactions secure, click here.
Yes — as a parent or legal guardian, you can authorise the sale of shares held by a minor by providing certified ID and signing an authority form.
Yes — as long as your IPO shares are issuer-sponsored and no longer subject to escrow, you can sell them through Unbroker without needing a trading account. To get started today, click here.
If you’ve lost your holding statement, you’ll need to contact the share registry to request a replacement. Once you have your SRN, you can sell your shares through Unbroker.
Yes — as long as you can provide certified evidence of the name change (e.g. marriage certificate or name change certificate), Unbroker can help process your share sale. For more information, see our full guide on selling shares when your name has changed here.
Funds are paid one business day after settlement.
Depending on whether you choose Same Day Sale & Settlement or Standard settlement, you’ll receive your money within 1–3 business days. For more information, click here.
Yes — you don’t need a TFN to sell your shares through Unbroker.
However, if no TFN is recorded on your shareholding, the registry may withhold tax from any dividends you’ve received. This doesn’t affect the sale itself.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed. To find out what’s required when selling shares under a Power of Attorney, click here.
Yes — shares registered with an account designation can be sold through Unbroker, provided the authorised person completes the required verification process. Click here to learn how the process works.
