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  1. #101
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    Quote Originally Posted by whatsup View Post
    Factist not sexist !!
    Correct. Thank-you.

  2. #102
    ShareTrader Legend bull....'s Avatar
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    Is Hatch or Sharesies better?

    https://www.stuff.co.nz/business/124...aresies-better

    looks like hatch better for trades over $500 where as sharesis better for trades under $500
    one step ahead of the herd

  3. #103
    Banned
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    Quote Originally Posted by bull.... View Post
    Is Hatch or Sharesies better?

    https://www.stuff.co.nz/business/124...aresies-better

    looks like hatch better for trades over $500 where as sharesis better for trades under $500
    Hatch has a weird system where they charge a fee based on number of shares, rather than value of trade. Could be annoying for low value shares?

  4. #104
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    Quote Originally Posted by bull.... View Post
    Is Hatch or Sharesies better?

    https://www.stuff.co.nz/business/124...aresies-better

    looks like hatch better for trades over $500 where as sharesis better for trades under $500
    I’d say that article wasn’t fit to be published.. writer states the 1c/share (after first 300) is ‘much more affordable’ then completely leaves it out of the equation in his charts. He also seems to quote hatch fees in USD and Sharesies in a bit of both.

    A $1000 investment such as in his chart does cost $5 for sharesies, but only costs the $3 he quotes for hatch if you’re buying less than 300 shares ($3.33 per share, or higher). As soon as you’re buying shares worth $2/ea or less, you begin to break even with, then overtake Sharesies for fees.

    $1000 of OCA at say $1.56 = ~641 shares. $5 Sharesies fee, $6.41 for Hatch.

    He lists the fee for a $10k transaction as $50 for Sharesies.. when it should be $22 by my working.

    $10k OCA at $1.56 = ~6,410 shares.

    $22 Sharesies fee. $64.10 Hatch fee.
    (If his quoted fees are correct)

    Seem to need to spend ~$4.54 a share to bring the Hatch fee down to match Sharesies at that buy value.

    So in short - Hatch should be cheaper if you’re only buying higher-value shares - FPH, ATM, MFT etc. but you would have had a bit of a blowout trying to grab some PEB back at 64c, or SKT at 15c!


    Or are my numbers as bad as his?
    Last edited by Watchful; 17-02-2021 at 09:40 AM.

  5. #105
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    Sep 2017
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    Quote Originally Posted by bull.... View Post
    Is Hatch or Sharesies better?

    https://www.stuff.co.nz/business/124...aresies-better

    looks like hatch better for trades over $500 where as sharesis better for trades under $500
    Also look at Stake. They have no fees but charge FX @ 1% where Sharesies and Hatch roll that into their fee structure. Stake is US only

    https://www.moneyhub.co.nz/sharesies...-vs-stake.html
    Last edited by causecelebre; 17-02-2021 at 10:05 AM.

  6. #106
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    ....and don't forget Sharesies has a monthly (or annual) subscription cost

  7. #107
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    Oct 2020
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    Word has it that Hatch is going to be having ASX and NZX shares soon.

  8. #108
    Guru justakiwi's Avatar
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    Does anybody here hold KFL with Sharesies by any chance? If so, were you able to access the warrants exercise application form they emailed you? Not working for me.

  9. #109
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    Quote Originally Posted by justakiwi View Post
    Does anybody here hold KFL with Sharesies by any chance? If so, were you able to access the warrants exercise application form they emailed you? Not working for me.
    Yes & yes it worked here. You have to be logged in I think there

    there is a link in the email they sent out a few days ago to the Application

  10. #110
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    Jul 2020
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    Yes and it worked for me too. Hope they work out buying and selling if warrents one day but for now I'm happy taking all I can get my hands on!

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