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  1. #1
    Junior Member
    Join Date
    Mar 2015
    Posts
    24

    Default 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.

  2. #2
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    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.

  3. #3
    Junior Member
    Join Date
    Mar 2015
    Posts
    24

    Default

    Quote Originally Posted by peat View Post
    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.
    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.

  4. #4
    Member
    Join Date
    Aug 2013
    Location
    Wellington
    Posts
    272

    Default

    I looked at it, but think Etrade looks better.
    Not a recommendation or advice.

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