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Free Trades on ETFs (Save $15) @ Bell Direct

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As in title.

A good deal if you're not trading large sums, as ETFs provide instant diversification in one trade (not financial advice).

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closed Comments

  • +1 vote

    Thanks for this.

    Couple of questions: what ETF's do they allow? Everything on the ASX? Are they CHESS sponsored?

  • +6 votes

    Not great value considering value in ETFs is derived from Dollar Cost Average Investments over many years:

    You would be better served:

    Commsec Pocket: $2.00 brokerage for 8 ETFS to choose from
    Spaceship Voyager: $0 per trade into a managed fund ($2.50 per year if portfolio more than $5000)
    Raiz: Buy ETF Portfolios for $2.50 per month
    Saxo Bank: $6.99 per trade
    Vanguard Personal Investor: $0 per trade (0.1% yearly fee)
    Selfwealth: $9.95 per trade (CHESS Supported)
    eToro: $0 brokerage, no commisions for US ETFs

    • +1 vote

      Commsec has 7 to choose from, SelfWealth is $9.50 a trade.

      I don’t know anything about the rest so if there are other errors I wouldn’t know.

      Whether this deal is good value or not entirely depends on too many individual factors but it’s free brokerage and it’s a bit much to just dismiss it on the basis there are other good value platforms around.

      •  

        Yes! Raiz has 8 ETF Portfolios, Commsec Pocket has 7 ETFs

        Also:

        Stake: $0 per trade for US ETFs (1% currency conversion fee) (Can use Transferwise to avoid currency conversion for $5 flat fee)
        Tastyworks: $0 per trade for US ETFs (need to use Currencyfair for currency conversion, $20 flat fee for this)

        • +2 votes

          eToro: $0 per trade, $0 for currency conversion if you use Revolut (my favorite).

          •  

            @ruskiromka: How etoro make money If no trading fee and no fx rate fees and fx is manage by revolut?

            •  

              @atlinus: They offer other products with leverage, margin loans, shorts, etc…..

          •  

            @ruskiromka: Etoro $0 for all ASX stock? Really? Chess sponsored too?

            • +1 vote

              @ChiMot: eToro only has US Stocks, some US ETFs, commodities, and coins.

  • +1 vote

    That logo looks like digiDirect

  •  

    I'm already on Bell Direct, and unfortunately the offer is for new account holder only
    Too bad as I have a couple of ETFs on conditional order :(
    Also seems like you still need to pay for brokerage and it will get refunded a month later

    •  

      I emailed them about it and they gave me 5 free trades for ETFs.

  •  

    Just submitted my application to give this a go - hopefully will be up and running soon!

  •  

    Step 1. DCA VDHG
    Step 2. Repeat Step 1.

    • +1 vote

      This too! You can use bPay to avoid brokerage.

    •  

      Really? Vdhg return isn't that good last year

      • -2 votes

        VDHG will never be the top-performing fund in a given year, it might not even be in the top 10, it will however perform better over a longer time horizon than any other single fund.

    •  

      What’s DCA?

      • +1 vote

        Dollar cost averaging

    •  

      DCA?
      Worth thinking leverage
      GEAR

      •  

        Leverage is a dangerous proposition unless you also hold a bond ETF and rebalance quarterly. VDHG FTW!

  • +10 votes

    Better off signing up to SelfWealth using the affiliate link (search SelfWealth on here to get random affiliate link) to get 5 free unrestricted trades and then cheaper brokerage after.

  •  

    Does anyone know if they give you the refund of the brokerage back to your account in cash or as a credit for you to trade the next time?