Etrade is ok but comsec shites all over them for on hand info such as course of sales and bid/offer list's etc.
Who are the best for brokerage fees ....... Cheapest buying and selling and are their websites easy to navigate ??
Don't know if you mean etrade or comsec or the others, others mentioned, but for me I prefer having them linked to my aus accounts for ease of deposit withdrawal and also think that brokerage is all tax deductible as a cost anyways. For me comsec is a bar above etrade on the points mentioned above, they also now have T2 settlement.
I'm quite pissed about not buying AUZ yet, it was 0.8c then a newsletter recommended it as buy last week and is now sitting at 1.4c. My other stock (LSR) also got a mention and went up also but still would've liked to have AUZ in my pocket before the newsletter induced spike.
Lovingthesilver Always hard when you have an opportunity and miss it. AUZ is an unusual chart and i have no idea what its potential is If it still has any of the features it had a few years ago then it could go to the moon, but it looks like it has suffered structural damage. Loadstar may well pull back to fill the gap before continuing up.
Comsec vs etrade. I am not one to hold a grudge, but when comsec took over TDWaterhouse i closed my account because of several reasons not the least of them being the tripling of fees . I may do 20 trades a day when i was scalping. So i waited and asked them when would they release my money. I was eventually advised that they had opened an account in my name at Adelaide Bank whom i had nothing to do with. So armed with the details i trotted off to Adelaide Bank and asked them to hand it over. Their response was ok lets have a look. very sorry mr Lo but this account can only be accessed by the entity that set it up. WTF. Back to comsec We are sorry and we understand but it is beyond our control. Long story short, with a specific threat of violence and a timeframe in place, i eventually got my money. With etrade i can trade NYSE and TSX albeit at a cost, and the brokerage on ASX is pretty good. I spent a lot of energy researching brokers and etrade came out the best option. If i set up an account for my super, i will look in to the banks but i am concerned about the bail in legislation. Dont forget the banks drafted it.
Caput Got to say great list. Put Primary and Crater straight on the list I like CTO and Manas. The more expensive ones as you say are a great SMSF lowish risk trade. Thanks.
I have been frantically trying to gather all the information but my head does not process numbers very well. Etrade were recommended for penny stocks because of their flat rate fees. Capital19 were ok as was CMC markets. Banks are usually non competitive. When i was with TDWaterhouse the fees were $5.95 with almost no hiddens, by comparison comsec was $19.95 from memory. That meant everything because at my most frantic i was placing 90 trades in an hour, yes i know, what was i thinking.
I might set up a demo account and post updates every fortnight or so to see how picks go. GTE had a good day, SFA on sellers side.
I managed to buy a parcel of LSR @ 0.045 during the pull back last week. Today it had a nice 19% rise to 0.056 with drilling results due any day now.
What's everyone thoughts on strategy of plonking down a few K each on a dozen penny miners and hoping one goes to the moon in 5 years? Even if 11 went broke, one moon shot could easily pay for the losers? Of course you could just end with a dozen turkeys
I'm doing that with some spare cash. Don't have high expectations but I would only need one to be a winner to offset the rest of the losers. There's a few microcaps on the ASX that have the potential to be 50+ baggers on a $2000 or more gold price that have proven reserves. They just need that higher price to raise the capex to get their projects off the ground.
Trading halt today, hopefully the results are better than the last. Had a spike then a retrace today just before the halt.
