Best Broker for Stock Trading? Who Do You Use

Lriot1 on 08/12/2021 - 20:32

Hi guys,

can anyone recommend me a broker that will take as little fees from me as possible?
Looking at Putting in 50k Tonight
Looking at purchasing approx 10-12 different stock for long-term.

I have signed up for CMC but the activation process takes quiet a bit.

I have funds ready to go really.

What is the best option available to me?

Who do you guys use and why?

Financial

Comments

  • perhaps on 08/12/2021 - 20:34
    +2

    Selfwealth $9.50 Flat fee, and 5 free ASX trades on referral

    • [Deactivated] on 09/12/2021 - 01:07

      They expire before I can even use them :(

  • rektrading on 08/12/2021 - 20:37
    -2

    Looking at Putting in 50k Tonight
    Looking at purchasing approx 10-12 different stock for long-term.

    This sounds like FOMO. Are you ready for the dip on Friday?

  • silenthillrocks on 08/12/2021 - 20:40
    -2

    Bikies

  • videlity on 08/12/2021 - 20:42

    SelfWealth

  • SF3 on 08/12/2021 - 20:51
    -1

    50k on black, no wait, on red, no wait, all on green!

  • Chookt on 08/12/2021 - 20:54
    +1

    Haven’t used them myself but there’s Stake - https://www.ozbargain.com.au/node/668801

  • John Kimble on 08/12/2021 - 20:59

    😂

  • riot1 on 08/12/2021 - 21:02
    +1

    Most stocks are for US, I've been told stakes have a terrible conversion rate USD/AUD

    • S2 on 08/12/2021 - 21:34
      +1

      Second this, the conversion rate on Stake costs more than actually paying for the trade.

  • hentabara on 08/12/2021 - 21:07
    +1

    Interactive broker for US shares

  • svmick on 08/12/2021 - 21:16
    +2

    Go for STAKE. you can trade US stocks and ASX as well.

  • Mokr on 08/12/2021 - 21:42

    Tsla.

    More supply then demand

  • El cheepo on 08/12/2021 - 23:31

    I’ll do it for a carton.
    Just forward the 50k and the carton to me and I’ll look after the rest.

  • tharlow on 09/12/2021 - 00:04
    -1

    Right now you can buy 50k of AAPL stock gift cards at Woolworths/Big W, and get 5k to spend on groceries for free! That’s an overnight return of 10%. Apple (AAPL) stock gift cards just hit a 52-week high, but I think they’re going higher. In the long term, much higher. Best of all, there are no brokerage fees on AAPL stock gift cards…

  • [Deactivated] on 09/12/2021 - 01:07
    +3

    +1 for stake free trading+ Big 4 trading account to check volume and price/buy sell depth

    • brendanm on 09/12/2021 - 07:32
      -1

      +1 for stake free trading

      You know it's not actually free right?

      • activ8newbs on 09/12/2021 - 14:38

        Why? How not? Au free trades til 31/12

        • rektrading on 09/12/2021 - 16:15

          Wall Street doesn't give anything for free.

    • silenthillrocks on 10/12/2021 - 12:50

      CMC has free live prices for asx

  • Trying2SaveABuck on 09/12/2021 - 17:07
    +1

    Stake

  • AliKay on 17/12/2021 - 15:18

    Would you mind sharing on which stock broker you chose?

    I was looking to invest for the first time and found that it's best to invest in S&P500…

    Any recommendations on which platform to use? Looking to invest around $5K for long term…

    • rektrading on 17/12/2021 - 20:34

      The top 5 companies on SPX are carrying the 495.

      Pick the leaders and buy them directly.

  • Johncena1 on 11/12/2022 - 14:47

    Hey, just curious that have you find any broker so far coz i am also looking for one to get some advice.

  • T-man on 11/12/2022 - 23:36

    Wonder why no one mentioned Charles Schwab, this is the best trading platform for me, supports OTC stocks, options and EFT. And, their exchange rate is really good compared to others, local deposit to their JP Morgan account in Sydney.

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