Best Broker for Stock Trading? Who Do You Use

Hi guys,

can anyone recommend me a broker that will take as little fees from me as possible?
Looking at Putting in 50k Tonight
Looking at purchasing approx 10-12 different stock for long-term.

I have signed up for CMC but the activation process takes quiet a bit.

I have funds ready to go really.

What is the best option available to me?

Who do you guys use and why?

Comments

  • +2

    Selfwealth $9.50 Flat fee, and 5 free ASX trades on referral

    • They expire before I can even use them :(

  • -2

    Looking at Putting in 50k Tonight
    Looking at purchasing approx 10-12 different stock for long-term.

    This sounds like FOMO. Are you ready for the dip on Friday?

  • -2

    Bikies

  • SelfWealth

  • -1

    50k on black, no wait, on red, no wait, all on green!

  • +1

    Haven’t used them myself but there’s Stake - https://www.ozbargain.com.au/node/668801

  • 😂

  • +1

    Most stocks are for US, I've been told stakes have a terrible conversion rate USD/AUD

    • +1

      Second this, the conversion rate on Stake costs more than actually paying for the trade.

  • +1

    Interactive broker for US shares

  • +2

    Go for STAKE. you can trade US stocks and ASX as well.

  • Tsla.

    More supply then demand

  • I’ll do it for a carton.
    Just forward the 50k and the carton to me and I’ll look after the rest.

  • -1

    Right now you can buy 50k of AAPL stock gift cards at Woolworths/Big W, and get 5k to spend on groceries for free! That’s an overnight return of 10%. Apple (AAPL) stock gift cards just hit a 52-week high, but I think they’re going higher. In the long term, much higher. Best of all, there are no brokerage fees on AAPL stock gift cards…

  • +3

    +1 for stake free trading+ Big 4 trading account to check volume and price/buy sell depth

    • -1

      +1 for stake free trading

      You know it's not actually free right?

      • Why? How not? Au free trades til 31/12

        • Wall Street doesn't give anything for free.

    • CMC has free live prices for asx

  • +1

    Stake

  • Would you mind sharing on which stock broker you chose?

    I was looking to invest for the first time and found that it's best to invest in S&P500…

    Any recommendations on which platform to use? Looking to invest around $5K for long term…

    • The top 5 companies on SPX are carrying the 495.

      Pick the leaders and buy them directly.

  • Hey, just curious that have you find any broker so far coz i am also looking for one to get some advice.

  • Wonder why no one mentioned Charles Schwab, this is the best trading platform for me, supports OTC stocks, options and EFT. And, their exchange rate is really good compared to others, local deposit to their JP Morgan account in Sydney.

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