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View Full Version : Brokers - which one do you use and why?



jkool
31st-July-2004, 07:57 AM
Hello everybody,

I am only just new here so pls be patient with me as I am pretty slow starter:)

So yeah I have been trading shares for about a year now and have not achieved any spectacular results YET:)

Anyway I was wondering guys what broker do you use and why? I personally looked around a bit at the beginning and ended up with ComSec mainly because I found them one of the cheaper ones around with very decent online trading facility.
Having said that I am always on a lookout for somethin better so if anybody can suggest a good broker who wont break my tiny financial budget charging excessive fees I am open to ideas.

Thanks

JetDollars
31st-July-2004, 09:30 AM
I also had an account with ComSec a while back when I was speculating the tech boom. Since then I haven't start trading yet, but I hope I can start soon.

I only reason I am still using comsec because the online trading is cheap ie. $19.95 per trade if you open CDIA account with them.

jkool
31st-July-2004, 12:08 PM
Yeah that 19.95 per trade certainly is a beauty. I do not qualify for this however because, as far as I can recall, I would need to open an ordinary account with CBA first (not banking with them currently) and fees related to it would I think exceed whatever I was gonna save on trades.

still_in_school
31st-July-2004, 12:45 PM
Hi Guys,

use both comsec and etrade

Cheers,
sis

GreatPig
31st-July-2004, 02:18 PM
I don't have any yet but am considering using NAB, primarily because that's where my bank accounts are.

Anyone got any pros or cons for using NAB?

Cheers,
GP

stockGURU
31st-July-2004, 02:24 PM
I use etrade and have been continuously since 1998.

I am happy with the features they offer and the quality of the service they provide.

wayneL
31st-July-2004, 02:39 PM
Here's where you can compare them all:

www.brokerchoice.com.au

stefan
1st-August-2004, 01:44 AM
I'm using Westpac for trading and other sites for research. I was considering a few other solutions but I haven't found the ultimate one so I might just as well stick with what I have until then.

Westpac is offering a good, reliable and fast platform so I never had a reason to switch.

Happy trading

Stefan

greggy
9th-December-2006, 09:49 AM
I'm using Westpac for trading and other sites for research. I was considering a few other solutions but I haven't found the ultimate one so I might just as well stick with what I have until then.

Westpac is offering a good, reliable and fast platform so I never had a reason to switch.

Happy trading

Stefan
I have recently joined E-Trade, but have found their service to be absolutely pathetic. They have not lived up to their promise of 10 free trades (ie. I was charged brokeragte on my last trade when it wasn't even close to 10) and their call centre waiting time is worse than ComSec. When I finally get through I get lousy service. They also do not respond to emails.
If they don't improve soon I'll take my business to another broker not that E-Trade could give a damn. Are there any better brokers out there (please don't mention ComSec, I was with them for years and got sick of their incompetence)?