Looking at Day Trading ASX & U.S.

[kokonut]

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

 

[greggles]

I only trade the ASX but a lot of people here seem to use Interactive Brokers for international markets.

 

[kokonut]

I only trade the ASX but a lot of people here seem to use Interactive Brokers for international markets.

Hey

Thanks for the reply I'll have a look into them, I assume they have the more civilised fees for trading.

 

[greggles]

Thanks for the reply I'll have a look into them, I assume they have the more civilised fees for trading.

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.

 

[Qtrader]

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 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.

 

[Cam019]

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.