• expired

NABtrade 20 Free Trades for 90 Days

1170
20FREE90

I signed up for an NABtrade account and went in search of a coupon code. I found this older code that still works, which will waiver the cost of 20 trades (normally from 14.95 each) for a period of up to 90 days. I cannot find any website promoting this deal, as it may be ongoing or alternating with other codes floating around the series of tubes, but this one works now at least. Enjoy!

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closed Comments

  • +10 votes

    Thanks Alf.

  •  

    Is this for current customers too, if anyone knows?

    • -1 vote

      Probably not unfortunately. I found the code after seeing a coupon field in the sign up process, but I doubt there's a way to add a code after sign up.

    •  

      This is a sign-up bonus for new account applications only, and the code is applied during the account application process. When you make your first 20 trades during the initial 90-day period, the brokerage fee automatically shows as $0. There's no option to put in a code to get free brokerage during the buy/sell transaction.

  • +4 votes

    Struth bloody alf the dungeon master trying to hock off NAB warez

    • +6 votes

      No bargains in the diner.

      •  

        Haha! I didn't know those are so mainstream to end up referenced in the comments here!

      •  

        That's a flamin outrage!

  • +1 vote

    Have never traded shares before, so I've got a dumb question: When you want to buy shares, what is the process like? For example, if i wanted to buy a tub of Conniseur from Woolworths, I know at any point in time what the price is. If it is half price at $4.79, I'll see it and I'll buy. Is buying shares the same (i.e. you see price changes in real time and when you lock in final price, you will know exactly what it is)? Note that in the Woolworths example, I didn't have to bid or do anything, I just wait for the price I want and buy it when it comes.

    • +1 vote

      You can do that or you can place a bid in a price your willing to pay. Then you wait for someone else to sell at your chosen buy price. And vice versa if you want to sell. If you buy a stock where there aren't many sellers then you may have to wait.

      •  

        Can't you just set it to automatically buy Apple shares when they dip at least $10, and then automatically sell them when they go up at least $10? And then just keep feeding all your earnings back into the system and then subscribe to a boating magazine and start living the highlife in other ways.

    • +7 votes

      Select the company code of the stock (e.g., WOW for Woolworths) you want to buy and the number of shares you want to buy.

      Select "At Market" or "At Limit" - To buy "at market" means you will buy at the level the lowest seller is currently listed. To buy "at limit" means you enter the maximum price you are will to pay and your trade will be place up to that limit. If you pass through enough sellers before hitting that level, then your entire trade will be complete. If you do not, then the remainder of your trade will remain at you specified limit price. If you set "Good for Day", it means your order will be valid for the rest of that day only. "Good until Cancelled" means your trade will stay in the market until it either a) transacts, or b) you cancel the order.

  •  

    Good timing. My friend whose a stock broker says CBA shares go up $80 this week, so might get into it!

    • +6 votes

      gonna be rich with that 4.4% roi

      • +1 vote

        Wow. Does a single CBA share cost that much? What's the smallest fraction of a share you can buy? I've never had enough money to think about buying a share. I don't even have $80 in any of my bank accounts as I type this actually…

        •  

          you can buy penny stock that is much more volatile but take that as buying lottery ticket

    • +7 votes

      Take his advice with grain of salt. NO ONE knows the direction.

  • +1 vote

    Does this include international shares as well?

    •  

      I'm not sure if it includes international shares as well. And even if it does, you'll still be liable for additional fees like:

      0.0027% Transaction Levy, 0.005% Trading Fee and 0.1% Stamp Duty for trades on the Stock Exchange of Hong Kong (SEHK)

      Stamp duty of 0.5% (subject to additional local exchange fees) may apply to buy trades for the London Stock Exchange

      SEC fee (0.00184%) for sell trades for the NYSE, ARCA, AMEX & NASDAQ

    • +1 vote

      I didn't use this coupon code, but I used one a few months ago. It does include international shares. but remember there is a "custodian" fee to maintain an international share trading account so if you don't do any trades every 12 months you will get hit with fees

  •  

    Anyone got their eye on something great?

    • +2 votes

      Eneloops to make a comeback…

      Or not.

      • +1 vote

        Close . There's a lot of buzz around upcoming lithium mines due to China and India announcing they will only allow electric cars in the not to distant future plus the buzz around Tesla . Take a look at the charts for AGY, AVZ, GXY

        •  

          Something close to my heart worth a read. SPL

    •  

      GGG one of the largest rare earths and uranium projects in the world, waiting for mining approval

    • +1 vote

      I got my eyes on catapult. A leader in sports analytics whose share price been under pressure as they are still loss making. Will need to cope with a lot of volatility, potential multi bagger. check this post back in a year. DYOR.
      If you prefer boring shares, go with an ETF like the nasdaq beta shares or a fund manager like wilson asset managers.

      •  

        Looking at all above cheers. Anyone know of a super company where you can pick the % and exact share you want?

        •  

          I'm with hostplus. Can only buy from asx 300. It's fine by me I am still young and investing for the long term

    •  

      Anything tech related really but that kind of goes without saying. Look at nvidia last year.

  •  

    Since its only free for 90 days, I suppose if you keep them for longer then you're going to have to pay the $14.95 (or whatever the price is at that time) to sell the shares? Or can you sell them using another broker/platform (since you own them)?

    •  

      You have 90 days to use your 20 free trades. Definitely don't have to pay after the 90 days is up unless you plan to buy more shares.

      •  

        So if you want to cash out after 90 days, you'll have to pay $14.95? And if you used all 20 free trades to buy different shares, then you'll need to pay $14.95 times 20 to sell them all again?

        Or you could buy 10 shares and then use the last 10 trades to sell them, but then how can you know which shares are going to go up in the next 90 days?

        Or am I completely misunderstanding how this works..

    • +2 votes

      Both are true.

      But ideally the $14.95 shouldn't be an issue when it comes time to sell…

  •  

    I know nothing about the stock market. How hard is it to get into and how much is a the best amount to get started?

    •  

      It is easy to get into the stock market, just don't expect to make huge profits, if any. Read up more about stocks on business/ investment websites and maybe start with 2k (or whatever amount you're ok to lose). Minimum amount to buy is usually $500 iirc.

      •  

        You would've made x4 of your
        investment if you got bitcoin 10 months ago :). But you probably can't buy bitcoin via nab

        •  

          Likewise if you bought gold in early 2002 and sold it all today, you'd get well over 400% return. I might sell my house and buy 500k in gold now, and then sell it for over two million in 2032.

        • +1 vote

          @AustriaBargain:

          And possibly only be able to buy a house the fraction of the size in 2032! I'd sell me shares for a crystal ball…

          Note, I have zero shares.

    • +2 votes

      I just read the barefoot investor (or at least the audiobook via an ozbargain deal) and started sorting myself out financially. Only a bit of the book is on investing but the whole thing is worth a read. Besides that I've found some useful insights in the finance forums of ozbargain and whirlpool. I plan on starting out with low fee index funds and reading around a bit before doing anything riskier.

      •  

        Sounds like a plan mate.
        Invest for the long term and let compound do its magic.

  • +1 vote

    Here is the current code -

    Simply open a new online nabtrade account before 30 September 2017 using the promo code SHA2017.

    https://www.nabtrade.com.au/shareholder2017

    •  

      note site lists this current code as valid for 60 days from 1st sign up

      •  

        Also this code is for targeted at NAB shareholders.

  •  

    Is there a minimum age or minimum trading amount for this?

    •  

      Over 18 years

      •  

        Ah damn. Thanks @jm48

  • +1 vote

    How much does it cost to transfer holdings to another broker?

    • +5 votes

      Nothing, when I did it, it took one off market transfer form.

    •  

      Not completely sure though I'm guessing it could be the transfer cost for computershare/link market services/share registry cost which is around $69 dollars?

      https://cda-au.computershare.com/Content/4e61e773-6d2a-4e95-...

      •  

        Should be fine, that form is only for non CHESS sponsored holdings

  •  

    I miss where the code goes.

    • +1 vote

      Its on the signup where you fill in your name and address details.
      Near the end under a heading called Promotion.

  •  

    How does this compare to micro investing such as Acorns? I am looking at getting into something that will give me a better return if possible.

    •  

      Minimum order value is $500.

    • +1 vote

      Same underlying possibilities, so return.

      Just different fees, and share selection.

  •  

    Thanks, my CommSec introductory promo finished up last month. I'll be transferring my shares over to nabtrade to take up this offer. I won't do >20 trades so in my case it's three more months of free trades. 😋

    •  

      Been wanting to transfer my shares over from CommSec as well.

      Do you just sign up to this first and then tell them you've got holdings with CommSec that you want transferred?

      EDIT: Found the answer in their FAQ!

  •  

    Is there a minimum amount to open the account? Is there a minimum share value for each trade?

  •  

    I am with nabtrade for a few years. The trades are cheaper than most of the other big banks. 14.95 compared to 19.95 for the others.
    The platform is ok but the app is just bad. I would still recommend going with NABtrade for shares.

  •  

    Is brokerage free irrespective of the trade size (i.e. over $5000)? Eg - trade size over $20k incurs brokerage of 0.11%. Or is the offer free for $14.95 trades only? Some T&C will be useful.

    •  

      Best thing to do before investing big money - confirm with NAB. I used a different code to register (no longer valid) and were told that "free" is capped at $29.99, which means a large trade will not be eligible.

  •  

    This promo code is giving 20 free alert credits. No free tades there 😐

    • -1 vote

      What makes you say that? Have you signed up with the right code and tried it?

      This is the message I got on entering the code: https://imgur.com/a/q0t7J
      It confirms that they are trades.

      Also here's a past deal where they mention the same code working: https://www.ozbargain.com.au/node/269477

      •  

        It showed the same message to me too but when I tried to trade, it still charged 14.95AUD.
        Then I checked my account which shows that I have 20 free alert credits.

        Is there a minimum limit to get the waiver? Or, NAB didn't want me trade for free, I wonder!!

        • -1 vote

          Are you sure your account was actually charged that amount?
          Alert credits are worth 11 cents each so I seriously doubt its worth $2.20

        •  

          @Dungeon Master:
          when I clicked on "Review Order" it showed the fee of 14.95 in the receipt so I didn't go ahead with it

        •  

          @rastoginimit:

          rastoginimit is correct, it showed the fee of $14.95 as the brokerage fee. So I don't want to go ahead as well.

  •  

    Has anyone tried to review the order? The brokerage is $14.95 not free, the free one is 20 alert credits.

    • -1 vote

      110 upvotes and only two people who didn't actually do the trade are saying "it wont work".

      •  

        same here… the brokerage showing $14.95

        • -1 vote

          Give up then, if you're chicken.

          cheep cheep cheep

      •  

        Hi Dungeon Master,

        Have you done any trade? Is it free brokerage for you? In the review order it is mentioned $14.95 for the brokerage.

        • -1 vote

          Yes I have and I have not been charged. I repeat. Not charged.
          If you're too scared, then just give up now, pipsqueak.

          Let me know when you muster the gumption to realise the deal stands.

        •  

          @Dungeon Master: it is not charged even though it said estimated brokerage for $14.95 and any more tips master?

        •  

          @Dungeon Master: Thanks a lot for your reply Dungeon Master. I tried it yesterday (first day) and the brokerage fee is charged for $19.95 but today (second day) the brokerage fee $19.95 is refunded back to my account. So, actually no charge for the brokerage fee for me.

          Thank you so much for your kindness and hard work. You are a legend.

  •  

    still works now, good deal thanks op

  •  

    not being charged, however it shows in the transaction. bit confusing but it works.
    made 500 bucks already …nice !

    •  

      that's good to know, I'm about to apply for an account now as well.
      if you don't mind me asking, which company shares made you 500 richer? :)

      •  

        afterpay (touchcorp), still has more legs at around $5.45 today and will continue to increase in the next few months.

  •  

    works guys

    3204 AUS
    Receive confirmations for trades via Email
    Additional options -
    Promotion code 20 Free Trades valid for 90 days

  • +1 vote

    used the previous code and offer expired on my account - any tips on getting more free brokerage?

  •  

    This code is accepted when you do the trade, but you are still charged the brokerage, and I was told it is not valid when I questioned nabtrade.

    •  

      Yep, code worked when I signed up, but still charged when I went to buy