sharetrader
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  1. #1
    Senior Member
    Join Date
    Sep 2001
    Posts
    949

    Default Back and need a broker

    Hi after having a break from share trading for ten plus years I have been thinking it's time to test the water again . The last broker I used was Direct Broking ( who are now Jarden Direct ?). So to get started I need a broker that I can trade NZX and ASX,that has market depth,trade plus three,trailing stop loss,and access to charts .

    Thanks in advance for your help.

    Cheers
    Miner

  2. #2
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
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    8,713

    Default

    Quote Originally Posted by miner View Post
    Hi after having a break from share trading for ten plus years I have been thinking it's time to test the water again . The last broker I used was Direct Broking ( who are now preferred Direct ?). So to get started I need a broker that I can trade NZX and ASX,that has market depth,trade plus three,trailing stop loss,and access to charts .

    Thanks in advance for your help.

    Cheers
    Miner
    For me CMC Markets in Aus then you can invest in pretty much all the major markets and if your trade enough you can be upgraded to preferred client with your own broker contact which I really like when it come to taking care of Rights or option exercising or getting funds transferred etc
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  3. #3
    Member
    Join Date
    Jun 2021
    Location
    thames
    Posts
    126

    Default

    Not sure what kind of budget you have to invest. But if you are at the higher or lower end you might like to look at Sharesies. They have a cap on fees at $5US, $15AUS, $25NZ. Great for larger trades. Likewise if you are buying tiny amounts they are effective there as well with no minimum charge. So you can buy say $200 worth and only pay a couple $ in brokerage. You can purchase NZ AUS USA shares via Sharesies and access various EFTs. They have a built in on-call savings account which you can park funds in until you are ready to buy something. Interest rate is currently 4.60% there.

  4. #4
    Legend
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    5,563

    Default

    Quote Originally Posted by kiwical View Post
    Not sure what kind of budget you have to invest. But if you are at the higher or lower end you might like to look at Sharesies. They have a cap on fees at $5US, $15AUS, $25NZ. Great for larger trades. Likewise if you are buying tiny amounts they are effective there as well with no minimum charge. So you can buy say $200 worth and only pay a couple $ in brokerage. You can purchase NZ AUS USA shares via Sharesies and access various EFTs. They have a built in on-call savings account which you can park funds in until you are ready to buy something. Interest rate is currently 4.60% there.
    Or the monthly plans - their $15 plan and gives up to about $10k in auto invest per month (great for ETF's) and $5k in buy/sells per month, which is good for puddling around with small trades. This plan also has market depth.

  5. #5
    FEAR n GREED JBmurc's Avatar
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    Sep 2002
    Location
    Central Otago
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    8,713

    Default

    Quote Originally Posted by miner View Post
    Hi after having a break from share trading for ten plus years I have been thinking it's time to test the water again . The last broker I used was Direct Broking ( who are now Jarden Direct ?). So to get started I need a broker that I can trade NZX and ASX,that has market depth,trade plus three,trailing stop loss,and access to charts .

    Thanks in advance for your help.

    Cheers
    Miner
    By the way miner ...if your investing in miners PERFECT timing ...life coming back into the sector after the last pretty bleak 23 1H24 ... I think 2H24-25 will be very good years to hold so much M&A heading up..
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  6. #6
    Legend peat's Avatar
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    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,505

    Default

    Hey miner! Welcome back
    i think your timing coming back is impeccable

    lots of signals out there imo.
    For clarity, nothing I say is advice....

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