Selfwealth in their reporting documentation were clearly hoping...

Selfwealth in their reporting documentation were clearly hoping to get a major portion of their revenue from the pooled funds in their bank account, cause you have to have cash in their account to trade. With such historically low interest rates nowadays, they can't make any real money on that. They never would have launched years ago, I reckon, were they to not make money on funds held. I remember the guy who started it on the radio a good 6 or 7 years ago (ex CBA exec). The idea is sound. I've started using it. Clunky compared to Commsec. I just wonder whether they should get some money via % of sale, with a % set at a tenth of Commsec. Given Selfwealth suits occasional and/or more deliberate trading, that way they'll always be heaps cheaper than Commsec. I'm thinking of transfering my big winners from Comsec to selfwealth to avoid the Commsec 0.12% tax on my gains.