About to Jump into Buying Some Shares, Recommendations for Broker?

spacebanana on 01/12/2014 - 11:40

Hey guys,

Looking for some advice on which broker to use to purchase some shares?
I am pretty new to this but I am going to be buying long term blue-chip shares reccomended by Scott Pape
Anyways, I am not too fussed about what shares to buy at the moment, Just looking to set up my account.

So does anyone have any reccomendations for who to trade with? i.e e-trade, westpac, commsec?
I see that some give you a few free trades to start with and the price per trade varies a fair bit

Thanks heaps in advance :)

Financial

Comments

Baysew on 01/12/2014 - 12:32

I would recommend Bell Direct.

Fees:
$0 to $10,000 $15
$10,000+ to $25,000 $25
$25,000+ 0.1%

Cheaper if you trade more.

Also free to set up conditional orders.

Whilst the big 4 banks are OK, some other brokers cheaper, Bell Direct provides a much more focussed service.

(https://www.belldirect.com.au/)
renster72 on 01/12/2014 - 12:34

I use commsec they have promo $600 free trades (3 months) which they did when I joined pretty std $20 a trade

https://www.commsec.com.au/homeoffer?icid=90002-public-home-…
Reverse Snorkel on 01/12/2014 - 12:34

I use Bell Direct only 'cause their brokerage used to be cheapest. These days most are the same price.
mskeggs on 01/12/2014 - 13:00

I use bell direct too. They had a deal to give you an account credit if you are a member of a motoring org (NRMA etc.)
http://www.mynrma.com.au/members/member-benefit/bell-direct.…
- Baysew on 01/12/2014 - 13:08
  
  Seems to be no longer an offer with RACV.

About to Jump into Buying Some Shares, Recommendations for Broker?

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