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Join IG Sharedealing, Make 1 Trade and Earn 10,000 Qantas Points

1070

Let your trading take you further

Open a Share Trading account and place just one trade on our award-winning platform to earn 10,000 Qantas Points.*
* Available to new IG customers only. T&Cs available here (https://www.ig.com/au/Qantas). "Award-winning platform" refers to Online Personal Wealth Awards 2017: Winner, Best Trading Platform.
As well as low commissions that start at only $8 on Australian shares and US$10 on international, you also receive:

25 Qantas Points each time you buy or sell Australian shares1
50 Qantas Points for every international trade1

This all comes on top of our 0.3% flat currency conversion rate, 24-hour support and trading across all major mobile devices.

Sign-up is not very clear! Please read comments:

Sign-up here via the link to get the Qantas offer: https://www.ig.com/au/Qantas
Then register your Qantas FFQ number here: https://www.ig.com/au/qantas-client-landing-page

Referral Links

Referral: random (29)

Referrer gets $50 for share trading and $250 for CFD after 5 qualifying transactions.

Related Stores

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closed Comments

  • This is going to be great.

  • +1

    thanks for posting such great deal

  • +2

    Fees are a pretty standard 0.1%, very slightly less than others unless you’re doing small trades. Not a patch on SelfWealths flat $9.50 fee.

    • Do SelfWealth charge any annual fees?

      • +6

        Not if you just use the site for trading. It really is a flat fee of $9.50 per trade regardless of volume. You buy trades up front (any quantity). Only if you want the Premium services (I don’t use them) does that cost $20 per month (no annual fee) I’ve saved tens of thousands in brokers fees compared to my previous Etrade as I trade large amounts of shares each time. Once you start trading large enough that you surpass your brokers basic fee and get into the 0.11% area, SelfWealth really starts paying off.

        • Great, currently with Etrade/ANZ and commission is 0.11%.

          How does trading platform compare to Etrade Pro?

        • +2

          @argonbay: No experience with Etrade pro but compared to Commsec: No live prices on your portfolio page, only live quotes (from Chi-X) on the order page. No stop losses or conditional trades. Can't trade without there being enough funds in the linked cash account.

        • +1

          @argonbay:
          Yes, it’s pretty basic. I just have Etrade open in one tab for watching, SelfWealth in another to place trades. Works well.

        • @wfdTamar: Thanks for advice. (inc lolcoaster)

    • +1

      I second this. SelfWealth is the true OzBargainers broker for shares. You get what you pay for in that the features are very minimal but it has everything I need.

      With all things being equal, transaction fees are what eats into your profits so it makes sense to go with the most value for money broker.

      Remember to generate an ozbargain random referral link for an extra 10 free trades ($95 worth of trades)

  • +14

    one trade in MUS. earn 10k qantas points and lose all your hard earned money

    • +2

      That was a disaster

  • +4

    Do you need to gamble I mean trade CFD to be eligible or something more mundane like buying ETF will also quality?

  • +4

    Terms and Conditions here: https://www.ig.com/au/qantas-frequent-flyer-terms

    Existing members can get in on the 25 Qantas Points each time you buy or sell Australian shares and 50 Qantas Points for every international trade by linking their accounts.

    Those without Qantas membership no.s can get one for free until 31/12/2017 https://www.qantaspoints.com/join-now?code=FAMILYFREE I just signed up here and it worked.

    A real shame I already have an account and can't get the free 10000 points, though.

    • Should be able to

      "have an existing Share Trading Account with us;"

      a) you must be a member of the Qantas Frequent Flyer program and register your Frequent Flyer number with IG using the following URL: https://www.ig.com/au/qantas-client-landing-page;

      oh wait..

      "the member opening the new account is not already registered with IG, including through registration under a different name or through a different identity;"

    • +1

      thanks for the free QFF membership! the real bargain in the comments ;)

  • +3

    You must register here to get it

    https://www.ig.com/au/qantas-client-landing-page

    • -1

      Wtf, so I signed up using the main link of this thread and it's not even correct?!?!?

      Downvote times a million. Good work costing me 10,000 points by posting the entirely wrong URL.

      This needs to be changed to be the proper URL as you commented ASAP

      • Not really… Op just didn't say you need to register on that link after you go using the main link

        • I clicked OP's link.

          I signed up.

          I get 0 points because he didn't even post the right link.

          Brilliant

        • @rochow: but the link I posted you must already have a ig username to register.

          So how do you get that in the first place

          Also as with everything one must read and understand all t and c's

        • +1

          rochow is correct. The link you posted is for existing accounts. This is the correct link for the 10,000 points.

        • +2

          @nurries: but there was no where to put your qff number

        • @Turd: Updated the post to have the correct landing page and T&C link

  • How much in value does 25 & 10000 Qantas Points equate to?

    • +6

      If you have to ask, big man, you can't afford it.

    • About 2-hundy

    • +1

      Worth about $65 in Woolworths gift cards

    • +5

      1 point = 1c. Don't buy into this giftcard bullshit, it's a rip off.

      • 1 point > 1c if you spend them properly.

  • Min trade amount ?

    • 90$ plus 8$ fee

      • Not worth it then for me 😌

        • 100bucks for 10k?

        • -4

          @Turd:

          Too much personal information for 10k points

          Plus risk that I may loose some money in the process

        • @easternculture: passport?

        • @Turd:

          Name, DOB, Address, email, phone number, passport number …

          No worth 10k points for all this info

        • +1

          Passport optional.

          Buy $500 Telstra shares. Sell tomorrow. Surely won't move much

        • +3

          @rochow: surely wont go up

        • @rochow: I'm not sure if you've been watching TLS lately, it's been moving in pretty much one direction for a while now…

          But you can buy tomorrow and sell tomorrow immediately after if you want to lock in your 10k points for $16 (buy + sell) + whatever minimal loss you make between the buy and sell price. Still a bit of effort involved in signing up though.

        • @farukh: If we all agree to buy one share, the price could go up.

  • Got a call just to make sure my account was legit.

    • +1

      Is it?

      • It is.

        ive never signed up with them

  • Can you simply buy and sell quick for the points?

    • I think so.

      But may be frowned upon.

      Make sure you arent greedy and only use 1 account.

  • +1

    Novice question. Can I retain my commsec trading account if I sign up to this?

    • +1

      Yes.

      • +1

        No. Must forfeit commies along with half a brain which will be removed and charged back to account holder.

    • Yes, you can have holdings sponsored across multiple brokers. You can also transfer holdings from one broker to another. I've done that twice now each time I've discovered a better broker.

      Unless you need Commsec for a specific reason, as with most things from CBA, it's not value for money.

      NABtrade is better for international shares, although limited to the exchange that you can trade.

      As someone mentioned above, SelfWealth is the best value for money for Aussie shares. Minimal features that I don't need for flat fee of $9.50 per trade compared to Commsec's $20 min or % fee.

      Use a referral link to get 10 free trades.

  • +1

    Minimum funds to add $450 FYI

    • Buy blue chips?

      $450 for 10k not bad?

      • free withdrawals with no minimums, though.

    • That's using credit card. No minimum for BPAY. But you'll need $106 for trade + fees.

  • Where do i enter my qantas freq flyer details?

  • wait is this sharetrading or CFD? like if I buy Apple shares, do I actually own Apple shares or just a contract of Apple shares?

    • Either or both

  • +1

    Anyone got any advice for those of us who have no idea how to trade?
    Ie - open account, enter 1 trade on xyz (suggested company), sell the next day?
    I'd sign up and do it but i have no idea what i'll be doing.

    • +2

      Thanks for asking this question, I'm in the same boat as you.

      Can someone give us a quick step-by-step of what we should do to get the 10k points?

      • I buy shares through IG now, though in the past I used their CFDs. I made $5000 profit in a month, but it felt almost like blind luck that I didn't lose $5000 in the month instead. Actually, I was up $10k and my profit fell to $5k. I quit after I was dreaming about CFDs…it's stressful and risky. I did lots of research and statistics and modeling (backtesting with different indicators etc), but it still felt like luck.

        Simply: You search for the thing you want to buy like AUD:USD and select how many contracts you want to buy. Buy a small enough amount that you can't lose much (eg. a currency usually won't lose more than 1% in a day). After buying, it'll show in your Open Positions. You can sell from there to close your position.

  • +1

    Just be aware IG is not CHESS sponsored.

    • Got an account with commsec, i have no idea what CHESS sponsor is, even after reading there description

      • +2

        CHESS = shares are in your name
        Non-CHESS = shares are held in a trust under a sponsor's name. This is how share trading works in other markets.

        • +1

          Thanks. The shares are still mine right?

    • Edit: misinformed

    • Wow I didn't even realise. I was going to sign up for the points but now I'm a bit wary.

  • +4

    If you have no idea what you are doing I would avoid. If you really want the 10,000 points. Open an account deposit $520, trade a buy $500 worth of stocks stock such as commbank, anz, Telstra etc.

    Then a couple of minutes later, sell all of that stock. You are going to loose, 2 x $8 plus the buy and sell margins. I would say about $10. If the price moves you will loose even more ( I have recommended a large blue chip to avoid any unnecessary volatility) you should expect this to cost you about $25 however you do have exposure to more risk.

    Again I you have no idea what you are doing I would avoid this.

    • +4

      But how do we learn to have an idea of what we are doing?

    • Best to avoid giving financial advice unless you are a professional, at least put in a disclaimer.

      • +4

        Best to avoid giving financial advice unless you are a professional

        No it isn't and if you knew anything about financial advice from financial advisors you wouldn't be calling them professionals.

        • There are good financial advisors out there, and if you do want advice it is best to get it from these people, not someone with no credentials on Ozbargain. Or, the best way to invest is to make an educated decision based on your own research.

    • +1

      I'd say if you bought a "blue chip" share it's ok to just "forget about it" as the company is highly unlikely to go bust and you will end up collecting dividends along the way.

      By being "in the market" you will also gain knowledge. If you have no clue about any of this here is a fantastic place to start -> http://www.asx.com.au/education/get-the-basics.htm

      • +1

        A lot of global blue chips have either gone bust or lots a huge percentage of value in the last decade!

        • -1

          I was refrrring to the Asx.

    • Don't forget tax. You will have to include share trades in your return. If you get lucky and make.a dollar on the trade it will be a CGT event.

  • Does trading actually work? What is the minimum that you could lose to get 10k points.

    I've heard trading is pretty though and is pretty much like gambling.

    • +2

      There is risk in shares, but not to the same degree as with gambling. The big banks are traditionally a solid share, so have a look at them. But make sure you do your own research to see if you are OK with the risk.

      • The big banks are in a high risk situation at the moment being so leveraged to a property bubble.

    • Quoting myself - "I buy shares through IG now, though in the past I used their CFDs. I made $5000 profit in a month, but it felt almost like blind luck that I didn't lose $5000 in the month instead. Actually, I was up $10k and my profit fell to $5k. I quit after I was dreaming about CFDs…it's stressful and risky. I did lots of research and statistics and modeling (programmatically backtesting with different indicators etc), but it still felt like luck."

      I've known lots of people to lose money to trading, and lots more losing money to overpriced 'training'.

      It's gambling in my eyes, with the banks/brokers the main winners. It's possible to be successful, but unlikely.

      The reason I still use IG for shares is to save on commissions. They charge me $8 per buy/sell instead of $20 with Commsec.

  • Does this platform do CHESS sponsorship for Aus stocks?

    • Nope, the shares are held in a trust under IG Market's name.

      • Held in the name of Citicorp Nominees Pty Ltd to be precise as they are IG's broker.

        • Oh, so if they go under, we will lose all of our shares!
          Too much risk?

  • +1

    what does everyone use for trading? which one is considered best for domestic trading? (be also interested in international)

    • +1

      This is going to make me seem like a SelfWealth shill but I really do believe they are the most value for money broker for Aussie stocks. Flat fee of $9.50 no matter trading size.

      I've used Commsec and Nabtrade, and for my purposes I don't miss any of the features at all.

      What I also don't miss are the extra fees eating into my profits.

      Don't forget to use an Ozbargain referral link for 10 free trades.

      PS I think Nabtrade is best for international but I could be wrong

      Well that should be enough for today. SelfWealth should really pay me for this.

      • +1

        haha you should buy into their IPO then :P

        • +1

          I was considering it just to support a "disrupter" of the big bank's high fees but I'm not sophisticated enough to evaluate SelfWealth as an investment haha.

          All I can tell is that they're currently loss making which is normal for start-ups but I can't tell if the price represents good value or not.

          I will just stay a happy customer.

        • [@Hogg]

          Thanks! Will give it a look, really keen on a few ETFs and wouldn't mind doing abit of day trading too

  • Already on IG. Nice find OP.

  • I think the safest shares to purchase are an LIC (Listed Investment Company), such as Argo ASX:ARG or WAM Leaders ASX:WLE. As they offer you a well diversified portfolio and thus an even lower risk than just buying a blue chip. Of course I advise to do your own research and the above stocks are examples only.

    • +1

      Be careful with WLE at the moment if you are thinking of a short term trade for the points.
      There could be a bunch of options converted at any moment and a sell off will follow driving the price down 2 or 3 cents.

      Not saying they are a bad share, I own them as a long term investment.

      • I own them as well. I think it's also possible with no options around the price will no longer be anchored to the 1.10 exercise price so could allow WLE to reach a 10-15% premium to NTA over the medium term provided they can maintain even a small out-performance to the all ordinaries accumulation index. So in my opinion the risk/reward ratio is very favoured for the stock.

        • You are paying a premium to NTA with those you mentioned however. Might be OK for the really old LIC's that "buy and hold" such as Argo and AFIC but the Wilson funds need to do really well in the short-med term to justify their premium.

          Then again WAM has a really good track record…

        • @acAgenCy1:- WAM, WAX, WAA and WMI all trading at premium to NTA and it is likely that WLE will do so as well once the options have expired on 17th Nov. Until that time there may be some volatility as tranches of options are converted to shares and sold off.

          The has been a lot of comments on this thread about buying and selling a short time later, just saying that someone who does not know WLE might get caught by a sell off and may not be in a position to hold long term.

        • @abc: Yes, Wilson shares seem a bit overpriced at the moment, probably not a good time to invest your house on them. But as you say WAM has a really good track record. Got some WAM in IPO, $1 at the time and dividends have been great. :-)

        • @argonbay:

          I agree. I don't think this is a worthwhile "bargain" for a short term trade. It's not guaranteed to be worth your while.

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