Another question, recently I opened up a trading account with etrade but found out that they charge $ 33 for every trade, which I found a bit too expensive. Meanwhile, I've been shopping around I found netwealth
They seem not bad and they only charge only $17.95 for trade up to $5000 and
$23.50 for trade up to $10000
I reckon they might be good for a small trader for me to start with.
Also how do I access IPO, is certain IPO only open to certain broker ?