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Indytrader1988

6,093 Posts.

921

06/05/20

14:44

Post #: 44466017
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Originally posted by frankieV: ↑

I recently signed up with IG and cancelled, then I signed up with FPmarkets and cancelled them. Both are well regarded by successful traders in Australia that I have talked to but just wasn't going to work for me.

FPMarkets equities looks good on the advertising site but if you read the fine print (as I recall) it was $10 per trade + some percentage + plus you had to pay for ASX data which was $20 per month (rebate if you spent over $80 p/m).
As I might only do about 10 trades a month, those numbers for me barely made it worth it to get into the shady world of CFDs.

Long story short I still think it's pretty hard to beat Commsec in my opinion - but I think I am in the minority in saying that.

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Have u looked at Interactive brokers? %0.05 on asx cfds. Platform is a bit complicated but once u get used to it it works for what u need.
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