Australian (ASX) Stock Market Forum

Order minimum - Brokerages

Joined
23 January 2020
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Hello, Although I’m sure this may seem obvious, I went to place an order today via CommSec however I was denied as my first order must be 100$ and every subsequent order thereafter must be 100$ and maintain a holdings of 500$.
Is this the case with all brokerages? And if not is it advisable to switch to another brokerage?
I’m sorry for the relatively basic questions, I have been researching lots of financial topics but little things like this never seem to pop up
 
Hello, if i can elaborate,
its called the minimum marketable parcel of shares
Would i be better off switching to IG Share trading?
 
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