I’ve noticed that different trading platforms offer very different fee structures. For example:
CMC Markets charges $0 brokerage for trades under $1,000.
SelfWealth, moomoo, and others charge around $5 or $3 per trade, regardless of the amount.
My investment pattern varies — sometimes I invest just a few hundred dollars into ETFs or stocks depending on my financial situation, and occasionally, I invest larger amounts.
So I was thinking of a hybrid approach: 👉 Use CMC Markets when investing small amounts (under $1,000) to avoid brokerage fees.
👉 Use platforms like moomoo or SelfWealth for larger investments where the flat fees make more sense.
Has anyone else tried this kind of mixed-platform strategy?
Would love to hear your experiences and any pros/cons you've found with different platforms — especially in terms of ease of use, CHESS sponsorship, customer service, and reporting tools.
Appreciate your thoughts!
I just use cmc markets and do multiple <$1000 trades.
Quite quickly can accrue a sizeable portfolio doing this.
Much better than losing 0.5% straight away.