19.95 to 9.90...
AUSTRALIA'S online stockbroking industry is set for a major shake-up, with CMC Markets slashing its brokerage fee as it chases market share.
The stockbroking firm yesterday revealed it was cutting its online stockbroking fee from $19.95 to $9.90, making it Australia's lowest brokerage rate for online share trading.
CommSec and E-Trade, which control an estimated 80 per cent of the online broking market, charge $19.95 and $32.95, respectively
and i just signed with e-trade