Quote Originally Posted by thebdogg View Post
Correct me if I'm wrong, but since Sharesies did away with their annual fee, they're now the cheapest broker across the board?

$1,000 investment with Sharesies costs $5.
$1,000 investment with ASB Sec costs $15.

$10,000 investment with Sharesies costs $23.
$10,000 investment with ASB Sec costs $30.

$100,000 investment with Sharesies costs $112
$100,000 investment with ASB Sec costs $300.

I just realised this today and feel stupid - I have accounts with both, but have been using ASB for all my large purchases over the past year.
You are right, and I did the same thing...but yeah once the numbers become significant, the fee comes second to knowing that you have control over them. I'd hate for them to do something akin to Robinhood recently. Mind you, I wouldn't trust ASB fully either.