$2000 to $500,000 with penny miners.

Discussion in 'Stocks & Derivatives' started by Wy So Lo, Mar 20, 2016.

  1. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

    Joined:
    Jan 4, 2010
    Messages:
    1,372
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Perth
    I use St George Direct Shares and CommSec, soon just CommSec once I sort out paperwork for shares transfer.
     
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    I use Interactive Brokers for ASX and international shares, ETFs, CFDs and binaries but their platform is not really suited to investors new to trading and requires a minimum balance of $10,000 USD to be maintained.

    I use FXTM for trading forex
     
  3. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Etrade (ANZ)
     
  4. johnw

    johnw Member Silver Stacker

    Joined:
    Apr 6, 2011
    Messages:
    101
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    BNE
    Has anyone used BOOM.HK? Their site looks a little dated but I've heard good things.
     
  5. Highonsilver

    Highonsilver Active Member Silver Stacker

    Joined:
    Nov 28, 2013
    Messages:
    332
    Likes Received:
    33
    Trophy Points:
    28
    Location:
    Melbs
    Now my orders been filled I can say yep... PIO :)
     
  6. markc

    markc Member

    Joined:
    Apr 30, 2011
    Messages:
    347
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Brisbane
    I use Commsec
     
  7. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    I did look in to boom but i ended up with Etrade. Ask yourself what you need and then start going through the reviews. I got a bit snowed under comparing all the options bet eventually settled on Etrade Bit expensive and useless for heavy trading but ok for getting and holding a position. The broker reviews will help. If you have more than $10,000 look in to Interactive brokers
     
  8. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Your international securities are held by a custodian (including through a sub-custodian) on your behalf. You retain beneficial ownership (but not legal ownership) of your international securities. This means that the name of the custodian or our nominee, ETR NOMINEES PTY LTD, rather than your name, will appear at the share registry. In providing you the Global Shares service, we have selected Citibank, N.A. to manage the custody of your international securities.
    On the upside i have worked out how to access TSX
     
  9. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Placed order to sell 8000 ARU and transfered some more funds. aiming to buy $600+ silver play later today. Fairly sure i am happy to risk Silver Mines ASX. Account is up almost $90 EXU doing well.
     
  10. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    479
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    toowoomba
    Asx: Try- positive news on debt and hedging.
     
  11. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    sold 8,000 @ ARU for small loss Etrade is down so cant say exactly. This frees up plenty of cash, to get silver mines or klondike silver . I have around 4,000 left in ARU to hold (about $200).
     
  12. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Just went to buy a TSX stock and etrade has a $2000 min per trade on foreign stock. I wish that had been pointed out before, i would have gone elsewhere for a broker. so its all ASX.
     
  13. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    I am looking at Investigator res, Argent minerals, santana minerals, Genisis, Apollo and Musgrave. Any warnings ? Oh and Azure
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    These are all poke and hope companies?
     
  15. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Order 5:1365815:7 to Buy 13,500 AZS Shares has executed. 13,500 Shares have filled @ 0.045. This order is complete. A contract will be directed to you shortly.Your order has been completed as detailed above.
     
  16. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    How much of your $2000 dollars has been spent on trade fee's so far WSL ?
     
  17. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    4x $19:95 Still in front though i think.
     
  18. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Yes thats the plan. High risk blue sky. I am still waiting for my sound company to come off vol suspension Silver Mines LTD LOL
     
  19. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    I joined Commsec early last week so I can buy some Brazil Resources Inc shares off the TSX and I'm still waiting for my account to be opened. Meanwhile I've been watching BRI share price slowly increase. How long does it take for commsec to activate an account?
     
  20. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    I dont know with comsec but i think it took over a week for mine to set up after all details were provided. It took three or four days for the initial funding to show up on my balance sheet. Now it usually comes in within the day. Rocket , could yo let me know what is the minimum value share purchase on foreign stock <. Etrade is $ 2000 so that cuts me out for now. Pissed, there are so many promising silver miners in TSX.
    edit It is nail biting when your watchlist stock wont wait for you BRI.
     

Share This Page