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Looking at Day Trading ASX & U.S.

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kokonut

Joined
20 June 2013
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Hi All,

Apologies if this is in the wrong spot, I'm interested in day trading the ASX & International markets using Australian brokerage firms online. I was wondering what the majority here use to day trade the ASX and International markets ?

Thanks in advance
 
I only trade the ASX but a lot of people here seem to use Interactive Brokers for international markets.
 
kokonut said:
Thanks for the reply I'll have a look into them, I assume they have the more civilised fees for trading.
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I don't use them myself but they seem to get good reviews around here. If you do a forum search for "Interactive Brokers" you will find a number of threads about them.
 

I use Tradezero.co to trade the USA market. As Australians we can't get a margin account with IB therefore if you ever want to short sell you can't. Also IB require a 10k min deposit to open an account. TZ a definitely worth a look IMO.
 
Have you considered DMA CFD providers @kokonut? One I have been having a good look at recently is FP Markets. You can go long or short which would eliminate the above issue mentioned by Qtrader. Minimum deposit is only $1,000 to open an account. As always, do your own research.
 
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