- Joined
- 10 August 2008
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Thanks for the answer mate. I currently use ETRADE at $45 per trade, this is incredible, i will end up saving 95% for my average trade!
So i am guessing most day traders wouldn't touch etrade or commsec etc? Even Bell direct at $30 doesn't stand a chance.
To add a bit of insult, at least two ( could be more haven't checked ) of the big Australian brokers then charge commission as a percentage of trade value once you hit a fixed threshold.