yeh, I agree, I think SRN/HIN really just minimises the counterparty risk. if users trust the platform and don't mind the counterparty risk, $0 brokerage does seem attractive. one thing to correct regarding my last post. I think freetrade only charges FX fee on US trades which is 0.45%. but with standard free service they offer limited stocks to trade from.
Freetrade claims that they don't profit from orderflow, so I could only assume they adopt an internal settlement mechanism to minimise transaction cost. otherwise I don't know how they could breakeven from just monthly account fee.![]()
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.86M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $16.29K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 265901 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 111722 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 265901 | 0.115 |
3 | 274545 | 0.110 |
3 | 81000 | 0.105 |
4 | 51980 | 0.100 |
1 | 23500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 111722 | 3 |
0.130 | 64594 | 3 |
0.135 | 10125 | 4 |
0.140 | 297517 | 9 |
0.145 | 201501 | 4 |
Last trade - 15.11pm 06/09/2024 (20 minute delay) ? |
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