Me again, before you read this... No I don't have any relationship with these guys at all! Just sounds like a good deal, especially for day traders.
Just spoke to a very helpful guy in Melbourne named Tom. Trader Dealer is a subsidiary of MDS Financial so seems they are nt going to disappear.
It is $33 flat fee per contract note per stock. But what might be of interest is that you can trade a single stock eg BHP up to 12 times per contract note in a single day up to total of $200K in trades. Therefore buy in 12 times at different prices and it's still only one contract note at the end of the day so it's $33.
The Market Analyser seems extremely robust software to me, and I particularly like the scanning analysis across the entire market on many recognised buy signals, as well as the proprietary scans they have prebuilt as well.
It costs $90 a month for live data and the software "rental". No contracts, you don't pay anything if you don't log in for a whole month, and if you trade 3 times in a month the software is free, if you trade 8 times in a month the whole $90 is waived.
Other fees at http://traderdealer.com.au/What-We-Charge.aspx
I'm in. If anyone finds anything bad or good let me know ASAP!
Kook
- Forums
- ASX - Day Trading
- saving on brokerage (trader dealer)
Me again, before you read this... No I don't have any...
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