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Join The Waitlist, Sign up at Launch and Receive $15 for Share Trading @ Sharesies

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Join The Waitlist, Sign up at Launch and Receive $15 for Share Trading @ Sharesies
Go to Deal
Poswade on 28/02/2021 - 23:57 sharesies.com.au (1094 clicks)
Last edited 07/03/2021 - 09:48 by 1 other user

It looks like the stock broker market is heating up, as we have a new entrant offering both Aus and US trading.

In my search for the cheapest broker for small trades (which led me to the easyequities deal) I also came across Sharesies which appears to be well established in New Zealand and about to expand into Australia.

The Deal:
They are currently offering $15 if you join the waitlist and sign up on launch (launch date not yet known but must be soon as offer expires 30 April).

The $15 must be used for trading before withdrawal. However I expect it should be relatively trivial to make a couple of small trades and cash out the balance. Full T&Cs of the offer.

Important Info:
Beta has been launched. No ASX trading yet, if you want to use your $15 you will need to convert it to NZD or USD first. It appears ASX is coming soon though (don't know why they would launch without it…)

Fee structure has been announced and is not very appealing - easy equities is a much cheaper option.
More details: https://www.sharesies.com.au/pricing

They will also be an authorized rep of Sanlam (same as easyequities, superhero, thinkmarkets). I suspect they will use a custodian model to facilitate low cost/size trades but no details yet.

Referral Links

Referral: random (87)

Referrer and referee each get $5 credit.

Financial Broker Brokerage Share Trading

Related Stores

Sharesies
Sharesies

closed Comments

  • Yakuza85 on 01/03/2021 - 00:08
    +6

    Are trades Chess Sponsored?

    • Do I NeedThis on 01/03/2021 - 00:44
      +1

      I'm new to share trading, what does chess sponsored means and is it good to have it or not? Could you please let me know ?

    • aldroid on 01/03/2021 - 00:45
      +2

      Highly unlikely. As the OP stated, "I suspect they will use a custodian model".

  • CyberMurning on 01/03/2021 - 00:23
    +3

    Imagine if from free $15 we end up with $1500

  • easternculture on 01/03/2021 - 00:49

    Cool. Now i can buy an AMC stock lol

    • ujwols on 01/03/2021 - 07:30
      +7

      dont forget GME

  • GnarlyKnuckles on 01/03/2021 - 01:42
    +13

    You (well, they) lost me at 'subscription model'.

  • odysseus on 01/03/2021 - 01:45
    +11

    "Sharesies"

    What they'll tell you when some money goes missing from your account to theirs.

  • TEER3X on 01/03/2021 - 02:38

    Market going to kaka.

    • WonderboyJim on 01/03/2021 - 08:23
      +1

      Yup , about two weeks time everything will be ozbargain price :)

  • neil on 01/03/2021 - 15:20
    +2

    I asked Sharesies about what their fees are and they said would be same as NZ.

    Portfolio value Price
    $50 or less Free
    $50 to $3000 $1.50 /month
    $3000+ $3 /month

    or $30/year.

    Lots of deals/discussions on Cheapies

  • Duram on 01/03/2021 - 16:12
    +7

    No chess no go.

    • Keeegs on 01/03/2021 - 17:22
      +1

      Checkmate.

  • woahxd on 01/03/2021 - 19:16
    +8

    If you made an order of $6,000 in a company, this would include a $18 transaction fee. $15 for the first $3,000 (0.5% x $3,000), and $3 on the remaining $3,000 (0.1% x $3,000).

    • mrvaluepack on 01/03/2021 - 20:32

      Wow this is on top of the subscription fees. No thanks.

  • CyberMurning on 15/03/2021 - 13:37
    +1

    yup got the email they are live now and it says i got $14

  • dddddog on 18/03/2021 - 11:42

    got MSTR

  • urbancartel on 15/04/2021 - 11:30

    This may be of note from todays email

    'Since launching in beta and inviting our first Australians to start investing, we’ve made a bunch of improvements, like scrapping subscription fees, and adding access to the Australian Securities Exchange (ASX)! Plus, there's more to come!

  • DumplingBoi on 19/04/2021 - 15:30

    Signed up and got A$15!

  • Its4me on 21/04/2021 - 22:55

    I used a referral link (from cheapies.nz) and got an additional $5 on signup, but can't seem to find my own referral code in the system - anyone know when/if/how referrals work in Oz?

  • fritzsticker on 28/04/2021 - 01:28
    +1

    its4me is right, used the cheapies.nz referral link. Now I have $20 bonus including the $15 new user bonus and $5 referral bonus.

    thanks buddy

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