Australian (ASX) Stock Market Forum

E*TRADE or another broker?

first prudential markets .1% for cfd trrades and 10 buks for non leveraged trades

So with FP you can buy for $10 and then sell for $10 = $20. So it is cheaper than Bell Direct?

Can you short sell?

Can you place stop loss and buy on stop orders?

Few problems I am seeing with IB (Joined up but haven't deposited money yet) is that you can't short sell Aus stocks and if you don't get franking credits, that is a bit odd, because you a buying into an Australian company.

I am using commsec but am trading it like a CFD account and I am starting to get burnt with the brokerage fees, plus I am using mental stops which I am not following to the letter.

I need an all in account that I can buy, sell, do futures, do forex and commodities. Might have to go back to IG Markets but too many bad memories :(
 
As far as I know, IB's problems are only for stocks.

Futs operate on a different system and are fine. IB is $5 a trade ($10/rt) but can get a fair bit cheaper with volume.


Is that $10US? Do you know of any aussie futs brokers?
Whats it like getting money in and out with IB?
 
Great, guess no one has EVER gotten money out or put money in to their IB accounts, pity.

Thanks for the help :rolleyes:
 
Top