If I was running the show at Selfwealth the first thing I would do is offer a trading account with a 5% interest rate. This would make people like me seriously question why they would be keeping funds in high interest savings accounts with other banks. It would make it much easier, and more attractive to buy and sell shares with Selfwealth. As the daily transfer limits and time it takes to transfer money from high interest savings accounts to trading accounts varies greatly and in turn costs the trader lost interest as soon as they transfer making the decision to transfer to a trading account a lot harder in a high inflationary environment with dramatic share price changes every minute during trading hours. For me interest is currently worth $50 per day 7 days a week in various savings accounts with up to $250,000 in any one account for the government guarantee. At $9.50 per trade and a 5% interest rate in a SW trading account, I would be back trading with Selfwealth again. Stake would be left in the dust at $3 per trade up-to 30k because they offer zero interest on trading accounts and a subscription for the other features Selfwealth has for free.
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13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $30.18M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $63.23K | 504.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40451 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 422269 | 5 |
View Market Depth
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2 | 38871 | 0.120 |
3 | 83091 | 0.115 |
2 | 200250 | 0.110 |
7 | 340815 | 0.105 |
6 | 261002 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 422269 | 5 |
0.135 | 211606 | 9 |
0.140 | 169177 | 4 |
0.145 | 179913 | 5 |
0.150 | 443275 | 6 |
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