This was posted 8 years 9 months 29 days ago, and might be an out-dated deal.

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NABTrade - 20 Free Trades to use within 90 Days + 3 Months Wise Owl (New Accounts)

150
FREEWISE

Looks like the code from way back in 2014 still works!

Trades are normally $14.95 (up to $5k), $19.95 (up to $20k) or 0.11% (over $20k).

As well as 20 trades to use within 90 days (of account creation, presuambly) you get 3 months of "wise-owl", described like this last time by the nabtrade rep:

You'll get access to a share trading research package from wise-owl.com, which includes:
* the latest in company research and growth opportunities on the ASX
* real time recommendations straight to your mobile, iPad and computer
* book one-on-one consultations with wise-owl analysts and advisers
* exclusive 'Float-watch' IPO reports every week
* daily reports and webinars, and
* wise-owl model portfolios for the latest insights in emerging companies

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closed Comments

  • Any opinions on this vs CommSec? The CommSec app is pretty decent but the cost per trade is higher…

    • +8

      In my opinion with NABtrade it is harder to day trade/ make multiple buy and sell orders, due to lag and not being able to see your cash until it has processed the order. For first time users to the platform it can be very worrying after selling, and knowing that the order has been filled (it has a simple list telling you how many you bought or sold), but no money in your account or nabtrade transaction confirmation order until hours later.

      I know I was on the phone right away with my first trade asking about why my money vanished into thin air. lol.

      With Commsec I can buy and sell without a worry, knowing at the end of the day I know it will balance. It might have something to do with their free margin they provide.

      • Thanks for the detailed reply :) +1 to you

  • +5

    We must be still months away from the bottom. 2 signs it will tank…..1: Cabbie tells you he's all in. 2: Banks encourage mums and dad trading by making it FREE

    • +1

      I thought it was supposed to be the shoe shiner on the street that was supposed to tell you he's all in. Different times I spose

    • There are some bargain blue chips out there

      • Agree

  • This is really good timing, so as someone who is not a day trader but would like to have access to small infrequent trades including international stocks would this be any good or would you recommend another site? Further more I dont have a NAB account so not sure if I need to open a NAB account to trade with them.

    • Yeah this is just what you want. I don't think you need a NAB bank account, as they will open you a trading/settlement account with the application.

      • Thanks so much for the comment, I have opened an account with them.

  • Does anyone have any tips for trading? Any sources/reference points? Or do people follow the app's advice?

    • +3

      If you can't afford to lose all the money you trade with, don't trade.

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