Hi all,
I'm new to stock trading, but have great knowledge of Biotech and IT. I would like to trade overseas stocks in these fields and I am particularly interested in starting with APPL stocks.
I am part-way through signing up with Interactive Brokers, but I am still a nervous about committing to them, compared to Commsec, for example. I would like to start by putting ~5K into APPL stocks and playing with smaller amounts in IT and Biotech startups.
Can someone please advise whether IB or Commsec is likely to suit me better? Also given the AUD is getting close to parity with USD, if I go with IB, would it be more sensible to trade in AUD or USD? Also are there other factors I should consider.
David.
I'm new to stock trading, but have great knowledge of Biotech and IT. I would like to trade overseas stocks in these fields and I am particularly interested in starting with APPL stocks.
I am part-way through signing up with Interactive Brokers, but I am still a nervous about committing to them, compared to Commsec, for example. I would like to start by putting ~5K into APPL stocks and playing with smaller amounts in IT and Biotech startups.
Can someone please advise whether IB or Commsec is likely to suit me better? Also given the AUD is getting close to parity with USD, if I go with IB, would it be more sensible to trade in AUD or USD? Also are there other factors I should consider.
David.