As in title.
A good deal if you're not trading large sums, as ETFs provide instant diversification in one trade (not financial advice).
Free Trades on ETFs (Save $15) @ Bell Direct
200
XabiFernando on 23/08/2020 - 19:35 belldirect.com.au (254 clicks)
Last edited 24/08/2020 - 22:48 by 1 other user
Last edited 24/08/2020 - 22:48 by 1 other user
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Not great value considering value in ETFs is derived from Dollar Cost Average Investments over many years:
You would be better served:
Commsec Pocket: $2.00 brokerage for 8 ETFS to choose from
Spaceship Voyager: $0 per trade into a managed fund ($2.50 per year if portfolio more than $5000)
Raiz: Buy ETF Portfolios for $2.50 per month
Saxo Bank: $6.99 per trade
Vanguard Personal Investor: $0 per trade (0.1% yearly fee)
Selfwealth: $9.95 per trade (CHESS Supported)
eToro: $0 brokerage, no commisions for US ETFsCommsec has 7 to choose from, SelfWealth is $9.50 a trade.
I don’t know anything about the rest so if there are other errors I wouldn’t know.
Whether this deal is good value or not entirely depends on too many individual factors but it’s free brokerage and it’s a bit much to just dismiss it on the basis there are other good value platforms around.
Yes! Raiz has 8 ETF Portfolios, Commsec Pocket has 7 ETFs
Also:
Stake: $0 per trade for US ETFs (1% currency conversion fee) (Can use Transferwise to avoid currency conversion for $5 flat fee)
Tastyworks: $0 per trade for US ETFs (need to use Currencyfair for currency conversion, $20 flat fee for this)eToro: $0 per trade, $0 for currency conversion if you use Revolut (my favorite).
@ruskiromka: How etoro make money If no trading fee and no fx rate fees and fx is manage by revolut?
That logo looks like digiDirect
I'm already on Bell Direct, and unfortunately the offer is for new account holder only
Too bad as I have a couple of ETFs on conditional order :(
Also seems like you still need to pay for brokerage and it will get refunded a month laterI emailed them about it and they gave me 5 free trades for ETFs.
Just submitted my application to give this a go - hopefully will be up and running soon!
Step 1. DCA VDHG
Step 2. Repeat Step 1.This too! You can use bPay to avoid brokerage.
Really? Vdhg return isn't that good last year
VDHG will never be the top-performing fund in a given year, it might not even be in the top 10, it will however perform better over a longer time horizon than any other single fund.
What’s DCA?
Dollar cost averaging
DCA?
Worth thinking leverage
GEARLeverage is a dangerous proposition unless you also hold a bond ETF and rebalance quarterly. VDHG FTW!
Better off signing up to SelfWealth using the affiliate link (search SelfWealth on here to get random affiliate link) to get 5 free unrestricted trades and then cheaper brokerage after.
Does anyone know if they give you the refund of the brokerage back to your account in cash or as a credit for you to trade the next time?
Thanks for this.
Couple of questions: what ETF's do they allow? Everything on the ASX? Are they CHESS sponsored?