NAB1000
Join nabtrade before 31 December 2017, using promo code NAB1000 and receive $1,000 free brokerage, valid for 90 days, across domestic and international shares, mFunds, ETFs and Warrants. FX rates for international trades still apply.
NABTrade $1,000 Free Brokerage for 90 Days (New Users Only)
840
Related Stores
closed Comments
Ok but WHY ARE YOU YELLING?
I was yelling out of disappointment for not being eligible
Noob question, so if I already trade with commsec, is there some way to take advantage of this deal, then transfer my holdings to commsec?
Does it work like that?
Yes you need to download your shares onto a usb stick and then upload them onto nabtrade
But where does the usb go?
I'm drunk and this made me laugh so hard
yes you can transfer Broker Sponsored or Issuer Sponsored (SRN number) to NAB or Commsec, etc. Just fill in paperwork.
Are there any strings attached to the $1000 free brokerage offer? So they allow me $1000 of free credit to trade using the nab broker?
I just noticed some brokers who have free signup bonuses are dodgy like plus500 who have a free bonus $30 signup n $30 for verifying. But in order to cashout i will need to collect enough trader points n also depsoit enough $
Also i have not used nab trade or the big 4 as a broker. But does nab trade support metatrader? Do they have many charting indicators on their platform?
Means you don't pay any brokerage fees for trades. Up to $1000 worth of brokerage.
Trade size Brokerage (inc. GST)
Up to $5,000 $14.95
$5,000.01 - $20,000.00 $19.95
Over $20,000.00 0.11% of trade value
Over the phone $59.95 or 0.55% of trade value (whichever is greater)So for example you can make 66 trades with each being <=$5000 without paying NABTrade a cent.
Hope that helps. If I've got this wrong, someone please correct me LOL
@xis123 ah i got it now.Works out more economical not forgoing the brokerage fees.Guess NAB just make abit of $ from the spread.
Thx for the explaination , im gonna have a look at NAB to see what features n the markets they offer.
:)
plus500 is a service for trading CFDs.
nabTrade allows for trading for shares. Possibly options, bonds and such.
If I have nab online banking does this promote still apply?
Doesn't say anywhere that it won't apply. I have a nab online banking account and will be signing up for this offer.
Seemed to have worked fine for me.
Have you ever traded? 1k on brokerage is not all that much if you are trading daily.
I still laugh at people who are doing this, trying to beat the market without having more information than the market itself. It flies in the face of every reputable commerce textbook ever.
I also still wonder if I'm the one who's missing out on the $$$!
Invalid use of neg, it can be done if you trade regularly.
I don’t understand how you can neg it. Even if you can’t spend the $1000 it’s 3 months ‘free’ brokerage
there are always free brokerage promotions for new accounts at heaps of brokers.
this promotion will just encourage short term trading/day trading which can be dangerous for beginners.That’s not a proper use of a neg vote.
I agree with you there. Alot of brokers when signing up encourage you to place more trades within a small timeframe.
That just encourages ppl to place unnecessary trades without researching the prices , having an idea of the support and resistance. And just having FOMO and placing a long anywhere in the graph.
I bet NAB knows 90% of new traders end up losing all their money within 3 months of starting.
Cheeky deal
I used around $1800 broker fee within a week for daytrading when I was a noob back to 2014-2015 and didn't earn a single cent.
just trade 1 mill - just approximately $1000 brokerage just there (0.11%).
or much less with $5k trades costing $15, $20k = $20, >20k=0.11%.10k=15?,idk about nab but cba is 10k for $20
These offers come up all the time.
Note that the free brokerage is valid for 90days only.
why would you stock trade when there's cryptocurrency
ASX CAN. My favourite stock holding at the moment. Stock for me is more fun and I take a greater interest in researching a company before I invest.
Damn , i missed out the other day when ASX had the ATH @ $6040.I just saw it on my brokers platform but didnt short since i don't follow that market well.
Would've made abit of $$ if i did its now at $5960.
Good thing about ASX is they update their prices slowly giving me more time to close my trade when a retracement happens.
Cryptos and Indices all have their pros n cons.Should stick to just 2 markets your familar with instead of trading in all of them.Theres also a broker app called RobinHood , i read the prices are no "frills" prices.There are no brokerage fees.Its only available in the USA atm but alot of ppl are talking about it.
Theres cryptos , oil , indices that are all voilatile n allowing the chance of making quick $$.
Stocks move too slow imo while cryptos open 24/7.
Is it easy to close the account after taking advantage?
I heard MUS shares now is a bargain…quick quick.
Nabtrade is great value for money when trading international stocks.
For Aussie stocks, it's better value than Commsec but not as good as SelfWealth.
A good way to take advantage of this deal would be:
Sign up to Nabtrade and use up all the free brokerage.
Sign up to SelfWealth with a referral link to get $95 of free brokerage.
Transfer all your Aussie holdings from Nabtrade to SelfWealth.
Be the ultimate Ozbargainer by basically trading for free up until now.
This is of course only if you were going to trade anyway.
Is really a bargain though, if you get free trading, yet dont know what your doing and lose all your $$ through bad or unlucky trades.
Is this just like gambling, if an individual is to invest in a market with little or no knowledge on it.You're right.
That's sort of what I was trying to imply with my last sentence but I should have been more clear.
This should be like any "sale". You're really only saving money if you were going to buy it anyway and not because the sale induced you.
I was on this deal last year. Been a happy user. They have been having technical issues for the first part of 2017, so if you were an active trader you would be annoyed. But if you are buy and hold like me, you probably don't even care. Can vouch for this deal. Nabtrade platform is clean too. I like it (have used Westpac, IG Markets and Bell Direct as comparisons).
What do you mean by “clean”?
assume he means easy to use
I applied the code but when I press Review Order it is still showing the brokerage fee?
Went to Admin > Personal Details and it shows $1000 free brokerage under the international account but not domestic.
Also tried purchasing internationally and it still shows fee during Review Order.Is something wrong?
I'm used to CommSec where the shown brokerage fee actually gets discounted if you're eligible for a lower/no brokerage.
Did you get charged for brokerage fee in the end? Btw, I just registered and applied the code, but I did not see any $1000 free brokerage in my Personal Details page. Do I have to wait until my account approved for the HIN and CHESS registration? Thanks mate!
In the end I didn't. I submitted the trade (which showed brokerage) but when it went through it didn't deduct brokerage. Kinda dumb IMO because it means I could've used those fees to purchase few more shares but when they calculate how much you can buy, it takes into account brokerage.
Hmm, you might need to wait until HIN/CHESS rego. It only showed few days afterwards. Terrible web experience.
Thanks for the info. I also got confused by that brokerage fee that is shown but not charged.
FOR NEW USERS ONLY