SWF selfwealth limited

It could be a better option for people with large portfolios, at...

  1. 7,118 Posts.
    lightbulb Created with Sketch. 1811
    It could be a better option for people with large portfolios, at least.

    People with just $1-2k might be better off with the free-trade websites.

    SWF: $10k USD trade = $9.50 USD + 0.6% = 0.7% cost.
    Free competitor: $10k USD trade = $0.00 + 1.0% = 1.0% cost.

    $2500 USD trade = equal cost at 1.0% each.

    So <$2500 USD, free option is better if their spread is 1.0%.
    >$2500 USD, SWF is better.

    But that takes some calculating, so people might assume the 'free trades' option to be cheaper...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.