• expired

NABTrade - 100 Free Trades and Premium Research

1700
AGM2018

I was searching for a deal on NabTrade and it looks like they have done one better this time as previous deals offered only 20 free trades.

Open a nabtrade account before 5pm AEDT on Thursday 31 January 2019 and receive:

  • 100 free trades (valid for 90 days), and
  • Six months free access to Morningstar Premium investment research reports (valued at $210).

Simply use the promo code AGM2018 when completing your application form to receive the offer.

Full Terms and Conditions:

To be eligible for this offer you need to open a new nabtrade account before 5pm AEDT on Thursday 31 January 2019, using promo code AGM2018. For the avoidance of doubt a new nabtrade account means an account opened by a legal entity which does not already have an existing nabtrade account. This free trade offer is restricted to online trades only and excludes SRN sales, mfunds and option trades. Accounts opened for Deceased Estates are also not eligible for this offer. 100 free trades will expire 90 days from the date the account is opened. Free brokerage is valid up to $100 per trade. Please allow 48 hours from account activation for the Morningstar Premium subscription to be applied. This offer is not to be used in conjunction with any other offers. You will be prompted to read, understand and agree to the nabtrade Financial Services Guide and nabtrade Client Agreement when opening your account. Our standard fees and charges and account opening requirements will apply.

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closed Comments

    • +37

      I've met a cypto millionaire once. Before he got into Cypto he was a billionaire.

        • +5

          seems you also don’t know what you’re* doing :)

          • -7

            @Your Friend: I just copied and pasted the exact comment with +7 upvotes in this thread by furiousgeorge :)

        • +1

          I am not the millionaire.

          But i agree with you, he was long cypto. If he shorted all that stuff he would be multi billionaire.

          I think you're on to something ;)

    • +5

      I think this bloke is just baiting. He's a chronic Maasterbaiter.

  • +8

    profits are out of this world

    profits and losses are out of this world

    • Ethereum up 50% in a week :) Great swing trades.

      • +1

        Why is someone who can make 50% in a week lurking on this site?

        • -1

          I like deals

        • +3

          Because they probably lost more than that when crypto crashed in January ;)

          • @badmedicine: It's called shorting, can make great money during crashes too ;)

            • +1

              @[Deactivated]: If you have a crystal ball, why don't you just play the lottery?

              • -1

                @ihbh: Technical analysis is a learned skill

                • @[Deactivated]:

                  Technical analysis is a learned skill

                  or a few rules any basic algo can perform with little effort.

                  • @cloudy: lol algos…

                    You'll make more on an index fund following the market than those algos that claim to make you rich :)

                    If it were that easy, anyone could do it

                    • +6

                      @[Deactivated]: if tech analysis isnt just following some rules, then i assume you need to 'interpret' the charts. A bit like the palm readers that read my hand, right?

                      • @cloudy: Need TA and FA together, mindless bot won't help you there

                        • +1

                          @[Deactivated]: Owww, so fundamental analysis is required.

                          Ok, so why don’t you go on to explain how cyroto can be fundamentally analysed given anyone can create a new coin whenever?

                          A reminder of a fact, in 2017 over 700 ICOs were offered. That implies a new coin was created every 12 hours. Doesn’t sound like the type of thing that’s hard to re create.

                          • @cloudy: Ofc, I thought that was common sense?

                            In crypto it's easy to ride 'pumps' following news, milestones, marketing campaigns and market management.

                            Common to find a coin that's up 200% in a week. E.g. WAVES went from $1 to $4 in a few weeks after launching their new campaign along with some MM.

                            Not all coins are created the same my friend, I don't play with small time random no name shitcoins with zero liquidity, zero market cap and not on major exchanges

                            • @[Deactivated]: How is any of that FA? You're engaging in TA only.

                              • @kipps: Because I don't buy any coin just because it's oversold on the RSI…

                                There are shitcoins and major coins

                              • @kipps: If you tell yourself the sky is red for long enough, you will believe the sky is red.

                            • @[Deactivated]: so fundamental anaylysis, correct me if i'm mistake from your reply, is riding pumps of news, milestones and marketing?

                              If its so easy to $1 coins that go to $4 in a few weeks, I reckon you'd probably beat the best investors in the world. Even if you started with the most modest of capital, lets call it, $100. Id say you should be a millionaire within a year, and a billionaire within a few years. (off the top of my head compounding, though my head hurts thinking about what you write)

                              • @cloudy: Close..I did start from very little but not that little ;)

                                You wouldn't understand my FA regarding sharding, blockchain technology, staking, crosschain tech, singular framework with unprecedented encryption, censorship-resistance,centralised vs decentralised.

                                one investment i made purely on FA gave me x50 in a couple months

                                • @[Deactivated]: If you made 50x in a couple of months you didn’t make it due to FA. Lol.

                                  • @cloudy: Mate it's a bit of everything. Can't pinpoint one reason.

                                    • @[Deactivated]:

                                      one investment i made purely on FA gave me x50 in a couple months

                                      Mate it's a bit of everything. Can't pinpoint one reason

                                      Hmm, just saying, hmmm

                                      • @cloudy: Well i did invest in that because of the tech….but the market management and heavy marketing helped. I knew all of those going in to it, heavy research. FA.

                • +2

                  @[Deactivated]: Buffett explored TA in his youth, and guess what? He ditched it.

      • +1

        BIT in asx up 400% in 10 days. I made over $100k profit in single trade.

        Crypto only for millenials who dont understand trades.

        Cryptos are like ps4 or xbone while stock trades are like pc master race.

        • I gambled one hand for $250k at crown once.

        • Stocks are for old people..It's like your grandma's clothes.

          Crypto is the way for the future and internet 2.0

        • +2

          I just checked out ASX:BIT. Doesnt seem to have gone up 400% in 10 days….

          I'd be interested to hear how you research investments Blaccdong

          • @cloudy: Asx:bit is a company called biotron. I was expecting some sort of crypto etf…

            • @driveahardbargain: I know the company. I’m saying it hasn’t moved nearly as much blacc has claimed.

              Looking back at prior comments from blacc, I am not surprised.

    • +25

      Just means you don’t know what your doing.

      • -7

        Lol so u figured out how to beat the market? ASX is a basket case

        • +5

          You don't need to 'beat the market' to get return on an investment

        • Been in market for 20 years since asian financial crisis. Always paid >$50k cgt each year. Maybe I 'beat' the market.

  • All markets ?

  • +3

    Probably good timing the market is down atm good time to throw some money into the market

    • +1

      Hold onto your cash, methinks it has way to go down yet. I suspect it will wander lower for the next few months and accelerate downwards when Labour get elected in May. Not investment advice, DYOR.

      • -1

        Hmm how about JB Hifi… on Boxing Day , at least 150 people were waiting for Payment/ Billing in many JB hifi stores throughout the day. If that does not meet expectations then best of luck :)

        • It's Christmas time. If those lines of people were there the rest of the year round then you would have a good point. :)

      • time in the market, not timing the market, they say ;)

  • -2

    if they give me 1 year free trade i will take it :P

    • True. That would be far less than 100 for an investor

  • If I am not a customer of NAB at the moment, do I even have enough time to get approved for a trading account before the 31st?

    • 31st of Jan? Surely

    • +1

      If you're a regular Australian citizen with your name on an electoral role and a drivers licence it takes however long it takes you to enter your information.

  • +3

    NAB has the second best platform behind Commsec IMO. 100 free trades is awesome but 90 days isn't long enough to utilise.

    • -1

      Hence it's a marketing gimmick.

      CommSec is definitely the best platform and customer service.

      • +1

        Seriously? I tried for years just to get thier ipo alert system to email me, and just finally gave up.
        I've also had problems with missed payments and various technical issues and found support incompetent.

        It is the only platform I've used, and just presumed it was the worst. Doesn't say much for the rest of them if commsec is best.

    • what makes commsec the best? how does it compare to cheaper option like CMC?

  • +1

    Never been into shares, do you have to pay tax if you profit on each trade or just when you withdraw from account? I’m obviously planning on success! Lol

    • At the EOFY, whatever your total profit/loss (from July 1 - June 30) gets added on top/subtracted from your income.

      • +2

        Not entirely correct, please refer to a tax specialist.

    • +3

      You only pay tax on realised profit. So it you made 100K for the year but have not sold any shares then no tax. Also (currently) if you hold shares for over 12 months then you get a 50% cut on capital gain tax though I think I read that labour were planning to screw that up as well as stealing the franked credits from low income people. Watch this space.

      Conversely, if you sell at a loss then you can can claim a capital loss for the year as well.

      • +2

        Replace "screw that up" with "fix it, a bit, but not properly". I'm broadly in favour of fixing the way capital gains are taxed, and Labor's policy is somewhat better, but still poor.

        Replace "for low income people" with "for people with a marginal tax rate under 30%" - which is pretty much all of us in super sure to the flat tax rate there. It's still usable for reducing the tax that you'd otherwise pay on the dividend but you won't get an outright refund for the tax over that.

        Replace "50% cut on the capital gains tax" with "a 50% cut on the capital gain on which tax is calculated", which (depending on your income and the amount of capital gains) may be more than a 50% deduction in the amount of tax paid.

        • +1

          "Replace "50% cut on the capital gains tax" with "a 50% cut on the capital gain on which tax is calculated"…"

          Thanks, that's what I meant. :)

          • +1

            @EightImmortals: Sometimes it makes a difference, sometimes it doesn't ;) Not in super with a flat tax structure, but if the drop in capital gains means it's being taxed in a different tax bracket then it can end up being much more than 50%.

  • Can we use the free transactions for buying/selling ETFs and LICs?

    • +2

      Yes.

      • if say you buy some shares lets say VGS in NABTrade, then buy some VGS in Commsec. Is there a way / tool where i can see my portfolio as a whole across different platforms, other than doing it manually?

        • +2

          Have a look at Sharesight; if you wire it up right then it should track it for you, but the free version limits the number of holdings that it tracks.

          The automation used to rely on having your broker trade notification emails get sent to them, which they'd automatically process. I assume that still works but they'd also rolled out a more "proper" integration with CMC Markets a couple of years back and they may have had some luck rolling that out more broadly since then.

  • +1

    Does anyone know how easy it is to utilise these free trades but still track in your preferred brokers platform (i.e. CommSec)?

    • Can you sell through NAB when all your stock is held through another platform?

      • Not sure about nabtrafe but any other broking platform I have dealt with the stock has to be broker sponsored through their hin to sell through them. Though a fairly easy task if the name and address matches perfectly

        • are u saying if i buy via nabtrade, i can see my holding and sell via cmc for example?

      • +1

        You can transfer if you can be bothered, a bit of paperwork and a few days IIRC Shan I did it a few years ago. The shares are generally held in your name anyway if the broker is CHESS sponsored (most are, not all - others the shares are in the broker's name and no idea how to go about transferring those).

  • Signed up! Hoping the offer includes overseas markets

  • +1

    Hey guys I just signed up. I've always been curious and wanted to trade however I've got no idea where and how to start. Do you know of any good online sources to read/watch?

    ta!

    • +1

      Google CNBC live stream.

    • +2

      Go back a year and read some trade recommendations that commentators on CNBC made. Compare the prices today to their recommendations

    • +8

      Sign up to Hotcopper/Topstocks and do some reading (don;t get sucked into any pump and dump hype and research the company first). If oyu don;t have time/experience to do that then look at investing into LIC's (Wilson asset management are well regarded in this area). Be aware that a lot of world markets are entering bear/recession territory and the problems that created the start of the GFC in 2008 have not been fixed, only papered over. Expect things to go down over the course of the year and use that time to research the markets and how to trade so when things get low enough you will be ready and confident to trade. NEVER invest what you can't afford to lose.

      My tip for 3 year + investment is Rotogro (RGI) otherwise, as I said the Wilson LIC's are trading a bit lower ATM so if you want to get in now and ride out the coming recession then look into WAM, WMI, WGB (new fund so trading lower than NTA)or WLE. They all pass the sleep at night test. :)

      • Thanks for the tip. Ill check out RGI

      • Cheers

      • I've made a lot of money in BIT thanks to HC p&d threads. Not to be confused with bitcoin.

      • i heard that WAM is expensive (?) and some people prefers other LICs like AFI, although being a n00b i dont know exactly why?
        also, i always wonder what it means when people say LIC is currently selling at premium / discount.
        Anyone cares to ELI5?

        • WAM has been good to me in the past, and have bought some again recently as it dropped significantly. It's "expensive" because it trades at a premium to NTA (net tangible assets, the value of the shares and assets that each share of WAM represents).

    • +6

      Please please please don’t start trading just coz of this bargain.

      This is a bargain, but it isn’t one that everyone try to avail unless you know what you are doing.

      Nothing worse than saving $10 in brokerage and losing much more in losses.

      Please read up lots and lots and lots before you start.

      And then you will probably realise you should stick to your day job and not pursue this.

      • +1

        And yet those who persist (without blowing all their money)learn how it's done and can do quite well. There are also many different instruments to trade (options, CFD's, FOREX, etc etc). All can wipe you out quickly or all can be learned if you take a long term view and are dedicated to lifelong learning about trading.

        • What’s doing quite well?

          If most of the best money managers out there aim for for a few basis points of out performance, what capital do you need to do well to justify trading for a living?

          I’d love to hear your story.

          • @cloudy: Depends on your chosen vehicle I guess. If you have small capital you need to take the long term view and invest in companies you have studied, ETF's or LIC's. If you have little capital then you need to build it up (obviously) by using higher risk vehicles. I ended up in forex after doing shares for a few years. I spent the first 12-18 months learning and demo-trading (no money lost) then the next 12 months or so trading 10c lots and slowly increasing lot sizes from there. Doing quite well means earning enough to live on so you don't have to go to that job you hate and can replace the income by 'working' 12-20 hours a week trading instead.

            If you treat it as a 4-5 year learning period, like an apprenticeship or a university degree the by the end of that period you should be on track.

            • @EightImmortals: And how much capital?

              What’s your target return? 20% 30% 50%

              • @cloudy: The market gives and market takes, if you think you can impose your expectations on it then that might be part of the reason you have no luck so far. Trading is 90% psychological and 10% mechanics. Profit targets should only be used (IMO) as part of your overall strategy for a particular trade.

          • @cloudy: Its a scalable industry where asset managers with the most money under management make bank because their renumeration is a percentage fee based not a flat fee.

  • +2

    This is not advice, but with markets where they are, better to buy now than September, could go down further, but that's how you make money, buying an asset 'cheaper'

  • I want to sign uo but Do they run a credit check?

    • Dont think so

    • No, they're not extending you any credit. Commsec may, as they let you trade without funds - you just have to deposit before the trade settles.

      • +1

        Afaik commsec doesn't, or at least doesn't hard check as it doesn't show up on my credit report.

  • +6

    Good deal, but probably worth transferring your shares elsewhere after the 90 days or 100 trades is up if you intend to buy and sell much, as Nabtrade brokerage is high, their website is dated, and their mobile app (on Android at least) is awful according to reviews.

    CMC markets ($10 IIRC) and IG ($8) are half or under the price for smaller trades for essentially the same service. Both have delayed pricing information (optional paid extra), but you can just keep the NABTrade account open for the live prices or (as I do) have a Commsec one as the app is decent.

    IG's site and app are also a bit clunky and miss some reasonably basic features (can't place an order with expiry longer than the current day, wtf?) but it's adequate for me given the price. Shares aren't CHESS sponsored, so the registed holder is not you, if this is a concern; apparently it's the norm internationally and there are no tax implications etc although I can imagine it makes it difficult to transfer shares to another broker (and selling and buying with a new broker has cost, tax, and a risk implications).

    CMC Markets had a more modern web interface and no app when I used it last; seems they have an app now but, like NABTrade, the reviews are poor. They also have a nice tie in with Sharesight, which is a nice portfolio tracking tool (free for small holdings, small monthly cost for larger) - this can also be set up for other brokers using emails but it's a bit more work.

    Commsec, like NAB and other large banks, offers expensive brokerage, but includes live market data for free. Their site and app are very usable - and I do use them (mainly the app) for the live date, but place actual orders through IG.

    • +4

      Selfwealth too is getting a bit of popularity - chess sponsored and $9.50 flat fee trades. Can't comment on platform tho as I don't use.

      • Cool, I'll have to have a look. Hard to go past $8 on IG though!

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