Anyone used Minc or Morrison Securities?

[lamclennan]

Hi,
Has anyone used http://thinkminc.com.au/ ?

I've been looking at both http://thinkminc.com.au/ and http://www.morrisonsecurities.com/ . For possible options trading in the future.

The reason I've been looking at Minc is because it won't charge me IRESS fee's if I don't use it. Does anyone have experience with Morrison Securities? It looks like on the application one needs to be charged for either webIRESS or htmlIRESS. However, I cannot find anything to suggest that there is a fee for webIRESS. It just suggests one is required to need $5000 in the account and 1 trade. However, what does it charge me if I don't do 1 trade.

I do like the idea of having my own bank account with Minc rather than putting money into a Trust Account (unless I wanted to pay more per trade).

Should I be considering other brokers?
Ideally I'd be looking for low fees and low minimum deposit as this is more of a readiness thing than active trading.

Thanks.

 

[pixel]

never heard of Minc, until I received a call this morning from one of their competitors.
Apparently there is an article about Minc in today's SMH.

can't find the article - DYOR

Morrisons I know; if I remember correctly, they executed AOT Online orders (unless that was Berndale)

 

[Sugar Dunkaton]

Minc is in VA as of 15/4/2011 - just a note

 

[pixel]

... and in news just out, MDS Financial has bought the entire broking business, minus debt and liabilities. That'll boost MDS' client base.
Maybe we even get a few more traders using the Market Analyser