Superhero charge $0 on ETFs. But that is without providing proper CHESS.
So 100 customers on their platform buy A200, they put all trades through together on their own company HIN for $5 brokerage, costing $0.05 per customer (which Superhero covers). Superhero try to make it back in $9 monthly fees, or non-ETF trades.
Commsec Pocket charge $2 for specific ETF trades, up to $1000. I think Pocket is actually CHESS sponsored.
So Australia might be able to get towards $0 brokerage, if throwing away CHESS (which most people would not like to do).
Superhero charge $0 on ETFs. But that is without providing...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $31.34M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.8¢ | $29.98K | 229.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57128 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 266130 | 7 |
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| SWF (ASX) Chart |