Hello OzBargainers, I have been contemplating switching broker for share trading with a lot less fees. At the moment I'm with a bank, I have decided to switch to Thinktrader, but before I do I would like to know if their trustworthy?
Thinktrader Trustworthy or Should I Choose a Different Broker?
froogletom on 16/03/2021 - 17:05
Last edited 16/03/2021 - 17:47 by 1 other user
Last edited 16/03/2021 - 17:47 by 1 other user
Comments
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before I do I would like to know if their trustworthy?
Yes, they are the mate of a mate!
What is your criteria for trustworthy?
As long as i can buy and sell and the money goes into my bank account thats my idea of trustworthy
You'll be fine. They're CHESS sponsored so even if they go down, your shares are still good. Yes, please choose the cheapest (CHESS sponsored) broker.
Is it CHESS sponsored? Then all good
If it is not CHESS sponsored, run.
Never trust brokers to not sell trade orders to 3rd parties for front running.