CBA 1.18% $116.59 commonwealth bank of australia.

Why doesn't CommSec offer stop losses?

  1. 7,726 Posts.
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    As the title states why doesn't CommSec offer stop losses?

    It seems like a blatant money grab to not offer stop losses,
    When nearly every other service does.

    Is this another way for CBA to fleece it's customers of their money?

    When often CommSec traders, are less experienced traders,
    where such a thing would help them during the learning process.

    And don't even get me started on their T2,
    Where any inexperienced trader can use $10 000 of the banks money to T2 with,
    When this goes wrong,
    As it usually does, they then owe the Bank a lot of $$$$ that they may not even have.

    Does CommSec actually look to see how many are T2's and do-not have the funds?
    Is this all part of the games on the ASX...
    And why such stocks get pumped only to get dumped when T2's are trapped?

    Even after the Royal Commission into Banking,
    Some still don't do the right thing by their customers,
    Unless forced to by law...
    Last edited by $$$$$$$$: 04/02/20
 
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