CommSec Fees

[xen88]

Are fees below when you sell your shares so that means if you want to sell over $25,000 and above it will cost x0.12%? Which is $3000 of fees? Isn’t that really high? So that means if you want to avoid the high fee you have to make sure you don’t profit more than $25000?

“Trade online and settle your trade to a CDIA or CommSec Margin Loan:
$10.00 (Up to and including $1,000)

$19.95 (Over $1,000 up to $10,000 (inclusive))

$29.95 (Over $10,000 up to $25,000 (inclusive))

0.12% (Over $25,000)

Also, how do you see a list of details In your commsec account that shows how much brokerage fees they charged you etc..

 

[boofhead]

I think you got your calculation wrong. 1% is 0.01. 0.12% is 0.0012 so $30 for $25k

 

[xen88]

Oh ok, thank you

I think you got your calculation wrong. 1% is 0.01. 0.12% is 0.0012 so $30 for $25k

 

[barney]

I think you got your calculation wrong. 1% is 0.01. 0.12% is 0.0012 so $30 for $25k

Yep

Also, how do you see a list of details In your commsec account that shows how much brokerage fees they charged you etc..

Click the "Trading" tab near the top of the page … then Confirmations. Brokerage will be listed.

 

[xen88]

Oh I see, I have to log into the browser.. cause I use the app and there’s no option for that. Thanks for your help!

Yep



Click the "Trading" tab near the top of the page … then Confirmations. Brokerage will be listed.
View attachment 102430

 

[barney]

No worries. I don't use the phone app. but it seems unusual there would be no access to your trade confirmations/brokerage fees etc. Maybe under a Portfolio tab or Tools or Statements tab??

The above would be "post" trade of course …… When you are placing a trade, the fees involved should be listed on that same page. Someone else might confirm?? Cheers.

 

[cutz]

The above would be "post" trade of course …… When you are placing a trade, the fees involved should be listed on that same page. Someone else might confirm?? Cheers.

I don't normally use the app, I don't like it but I did a test order and I can confirm it shows fees in the preview screen.

 

[xen88]

Sorry I meant I know you can see the fees when you sell or buy the shares, but where can I see the record of the fees afterwards?

 

[cutz]

Sorry I meant I know you can see the fees when you sell or buy the shares, but where can I see the record of the fees afterwards?

Hi.

There's not much on the app, you'll get a contract note with all the details emailed to you when the trade executes, or refer to the website per Barney's reply post #4.

Regards.