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Hingdog

23,689 Posts.

1498

17/02/21

02:50

Post #: 51056849
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Originally posted by ronstieb ↑

I switched from Comsec to Openmarkets(OM) about 2 or 3 years ago.
At first, OM brokerage was only 0.07%, compared to Comsec 0.12%.
Also, Comsec informed me that I couldnt use Iress anymore because I'm non resident (living overseas)
Soon thereafter, OM developed a new platform called Equix, which had constant outages, and was finally scrapped and replaced by the Opentrader platform
I signed up for the free trial of the Opentrader platform which seems to work ok, and is enough for me as I dont trade much.
As for the $99/mth version, it would need to be better than the free trial version to be worth $99/mth imo.
The only reason I stay with OM is because they accept my non resident status.

I think you need to find someone thats paying the $99/mth platform fee and ask for their opinion.

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Thanks, I tried the free trial of their platform and didn't like it but they offer IRESS viewpoint so am intending to use that if I go there. Cheers for the reply, appreciate it!
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