Market volumes down - bad for all brokers. Most of them joined the race during/after the COVID peak, which has pulled back significantly now.
So Stake was forced to raise fees? Though relatively minorly. More-so cutting down on loss-making large trades.
SWF can afford to ignore the cost of large trades, since the fixed fee is more able to cover it.
Superhero - lost their SwyftX deal, and might be in a tough spot. Raising fees might not solve it.
When IG introduced their 'inactive account fee', it was enough to make me leave them. Though they cancelled the fee a couple of years later.
Superhero / Swyftx, page-27
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 (20min delay)
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 257336 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 150073 | 6 |
View Market Depth
| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| SWF (ASX) Chart |
Day chart unavailable