WebTrader / OpenMarkets

Did a quick search but couldn't see it mentioned anywhere... has anyone had any experience with this platform?

http://www.openmarkets.com.au/

Looks relatively easy to use, they'll allow overseas sign-ups, and brokerage rates are only $13.95 or 0.07% per trade vs the ASB Securities 0.3% with a minimum of AU$30.00 per trade that I currently use.

Software Fees
$125 per month**FREE if you trade 45 times per quarter or to the value of $600 in brokerage. Otherwise fees will be debited from your linked cash account on a quarterly basis.

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Originally Posted by peat

Software Fees
$125 per month**FREE if you trade 45 times per quarter or to the value of $600 in brokerage. Otherwise fees will be debited from your linked cash account on a quarterly basis.

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Yeh, I saw that too, but seems to only apply if you use the desktop client, the web version doesn't have the same fees.

I looked at it, but think Etrade looks better.