If you are going to do some light trading, then stay as far away from Comsec for international trading as you can. Compared to their low rate of $65 a trade, IB will charge from $1 US a trade. A huge difference.
Thats great thanks alternatively if I just wanted to trade ASX shares? would Comsec be OK or is there someone else better?
I use Andrew West and I suggest they are at least worth a look. The fees are OK is you trade online.
Had a look at their website and found the following on rates:
"brokerage rates - starting from $29.95 for trades up to $30,000 in value, and 0.11% for trades over $30,000"
This would appear to be the same as Etrade, which is one of the more expensive rates around.
Has anyone tried Zecco yet???
Prolly as good as any for what you want to do then.I read this thread and looked at Interactive Brokers and I got a bit overwhelmed about their conditions (like minimum account balance and minimum trading).
Since I am not a trader (I don't want to trade) or sophisticated investor, I just want to buy a few Berkshire Hathaway B shares (cannot afford A shares) to lock away between 5 to 10 years. I don't think Interactive Brokers would suit my simple requirement. So, is there any other online broker who would meet my need?
I have got an application from Comsec, and yes for international shares they charge US$65 or 0.75% whichever is greater.
Prolly as good as any for what you want to do then.
Prolly = probably.Hi Wayne
Who is Prolly? Sorry I am not with you.
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