Thinking about investing in some Aussie stocks for buy & hold or long term trading, but also a broker who has a good Cash Management rate when funds are parked. Which brokers would you recommend for doing this?
I'm thinking of maybe Amscot as funds sit with Macquarie Cash Management @ 2.5% & brokerage is $14.85 for up to $17k trades.
Also considering CMC Markets as brokerage is $11 but Cash Management rate is only @ 1%
and also HSBC - $15.95 per trade, not sure of Cash Management rate though.