daytrade diaries... february 9, page-24

Stockmaster, 19.95 is the standard brokerage on trades up to 20K with commsec if you open a CDIA (a commonwealth direct investment account). This is the account thw funds are taken from or deposited into from each trade and the amount in the account also goes into the calculation of how much they will allow you to trade with each day. It is then 29.95 up to 30K then increases with trade amount after that.