Australian (ASX) Stock Market Forum

Broker with lowest minimum trade?

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17 January 2011
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I'm trying to find the broker in Australia with the lowest minimum trade, I'm thinking about investing $50-$100/week rather than one lump sum. Does anyone know?
 
I'm trying to find the broker in Australia with the lowest minimum trade, I'm thinking about investing $50-$100/week rather than one lump sum. Does anyone know?
I only know of brokers that take a minimum of $500 per parcel of stocks.
 
I'm trying to find the broker in Australia with the lowest minimum trade, I'm thinking about investing $50-$100/week rather than one lump sum. Does anyone know?

Irrespective of the minimum trade, the brokerage will kill you. Better off in a managed fund.
 
I'm trying to find the broker in Australia with the lowest minimum trade, I'm thinking about investing $50-$100/week rather than one lump sum. Does anyone know?

Try Interactive broker and use their accumulator feature, you can buy 1 share at a time with 0.08% brokerage.
 
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