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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12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $29.02M |
Open | High | Low | Value | Volume |
12.3¢ | 12.5¢ | 12.0¢ | $3.793K | 31.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138875 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 28919 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138875 | 0.125 |
3 | 240107 | 0.120 |
1 | 30000 | 0.115 |
2 | 200250 | 0.110 |
6 | 205000 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 28919 | 3 |
0.135 | 215220 | 10 |
0.140 | 161501 | 3 |
0.145 | 179913 | 5 |
0.150 | 398275 | 3 |
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