View Full Version : Fixed interest broking NZDX
modandm
04-04-2012, 09:00 PM
I am with ASB securities and it says 0.7% on their website (phone orders only - no internet orders)
Direct Broking says 0.5% +trade fee (phone or internet) 0.3% for over 50k
I know Aegis wrap clients get fees as low as 0.3%
What are you paying? have you been able to negotiate with ASB/Direct for lower rates?
Parcel size is going to be 50k only so I don't qualify for 0.3%.
Newman
11-04-2012, 09:21 AM
I am with ASB securities and it says 0.7% on their website (phone orders only - no internet orders)
Direct Broking says 0.5% +trade fee (phone or internet) 0.3% for over 50k
I know Aegis wrap clients get fees as low as 0.3%
What are you paying? have you been able to negotiate with ASB/Direct for lower rates?
Parcel size is going to be 50k only so I don't qualify for 0.3%.
If I were in broking service I would allow people to trade 50 times a year for a fixed fee of $1000. Business owners in broking service need to be more innovative
Dubdee
12-04-2012, 12:00 PM
I pay .5% private and .375% for a charity
Stranger_Danger
15-04-2012, 12:48 PM
I get .5% from ASB.
modandm
16-04-2012, 03:49 AM
I get .5% from ASB.
how? Do you trade over 50k parcels? Did you request that rate or did they just give it to you? Is the account a direct personal name account?
Cheers
GTM 3442
16-04-2012, 06:05 PM
how? Do you trade over 50k parcels? Did you request that rate or did they just give it to you? Is the account a direct personal name account?
Cheers
I was getting 0.5% on everything from $10,000 up (face value) from Direct Broking in the past - a personal account, just rang and placed the orders.
Haven't done much fixed interest business since 2009 though, so possibly I'm out of date.
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