• 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

        • Don't they now charge account maintenance fees?

          • @blighst: Good point, I'd forgotten about that as it was easily avoided; you could consider it an $8/month fee if you're not otherwise active (which is half the $50 quarterly fee they'd otherwise charge).

            Your share trading account that holds shares or ETFs could be subject to a subscription fee from 30 November. However, you will be exempt from the charge if you:

            • Deal at least three times across either of your share trading or CFD accounts during the quarter,
            OR
            • Hold no open positions in your share trading account at the end of the quarter.

        • I was with IG for the $8 trades, but just got out of them as isn't designed for people like me who like to buy and hold. They charge you something like $50 per 3 months that you don't make a certain amount of trades. Do you research.

          • @NoDiggerty: Yes, that's what @blighst above was mentioning. It's a new charge, but definitely not buy-and-hold friendly. CMC markets doesn't have this charge, is CHESS sponsored, and is still pretty cheap.

      • +2

        Selfwealth is simple and great! Highly recommended

        • whats the pro and cons between selfwealth and cmc?

  • +2

    Nab has shittest app ever. Not even native. So clunky

    • Pro traders use commsec. At least that's what my broker data shows.

  • Can you use this deal to just 'buy shares'? In my name?

    • +1

      Yes, that's what it is. They're CHESS sponsored, so the shares are in your name.

  • Looks like with CMC one needs to trade a few times per month to get $10 per trade.
    The below Canstar page gives a much better overview on the prices:
    https://www.canstar.com.au/online-trading/5-star-rated-onlin…
    Has anyone tried Amscot or Bell Direct?

    • True, although under that it's still only $11 which beats almost everyone else (e.g. Amscot and Bell Direct). If you're planning on executing more three trades a quarter, then I'd go IG, otherwise CMC Markets, but I haven't looked around much in a long time. Selfwealth sounded interesting, probably worth a look at least.

  • One of these offers got me into trading.. made some money and spent on giftcards…

  • to all who are complaining about nabtrade's app - just use their mobile website m.nabtrade.com.au for a much better experience

  • great, register another one

    • From tcs "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."

      I don't think you will be eligible if you already have a nabtrade account with them?

  • So… I signed up a few days ago.

    When should I see the Morningstar Premium show up (it's still giving me the option to subscribe only, it's been a clear two business days since I opened the account).

    Should I be seeing my 100 free trades somewhere? If I try and do a dummy purchase it still shows up $14.95 brokerage.

    I'm starting to feel like I did something wrong, but I definitely applied through the landing page linked and had the promo code on the application.

    • From memory if you go to Admin - Settings or Admin - Personal details there would be a free trade counter somewhere there, at least i had one when i signed up a few years ago

      • Found it. Wasn't there yesterday! Morningstar Premium turned up at some point this afternoon too. I guess both must be getting applied manually.

        Of interest I'm still seeing brokerage amounts show up when I do a dummy purchase. I'll do a test run for real at some point and see what happens!

  • I alreday have one long time ago..how can i avail again?

  • I just applied for an account and they now asked for "wet signature" for the purpose of signature verification. It said "Until we receive this completed form you will not be able to access certain services and functionality."

    Did anyone else get that? Is that normal?
    What if I don't provide any wet signature? What do I miss out on?

    • I see that too, but no idea what it is for.

      • From nabtrade: "Signature Verification form allows for us to have some form of your signature on our systems so that it can be verified against in the future if you fill out forms, for example, any transfer forms for your shares. This will prevent any delays or complications in case you have time sensitive scenarios in which you must transact certain things."

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