Interactive Brokers has the lowest broker fees and lowest margin interest rates (.50% to 1.50%). Also low rates for shorts borrowed stock usally around .25%.
ASX listed companies flat rate .08% of trade value, minimum fee is $6
US stocks is only .005% minimum fee $1
I can buy 100 shares of Apple at $500 a share ($50,000)only costs $2.50 in brokerage.
Compare that to how much it would cost to buy 100 shares via Aus Bank broker.
Kat.
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