ASX Flat Fee @ $9.50

[Nick Radge]

Check this out…trade ASX in any size for $9.50.

http://www.selfwealth.com.au/free-webinar/

4m 30s outlines the commissions. Basically you need to pre-purchase trades and if unused after 12-months they expire. You can buy any size block, from 1 trade to unlimited.

Broker is HIN backed and funds kept at ANZ.

There is a premium service at $20 per month (allows access to an online community) but is optional and not necessary to gain fixed rate comm’s

[TrentRothall]

Would be a good option for longer term portfolios on the asx if you wanted to spread funds across brokers

[Nick Radge]

The only downside I see is that the business itself has chewed through $10m seed capital in 4yrs. They’re now looking to IPO but their revenue is tiny, i.e. less than $200k for the last week.

[TrentRothall]

yeah ok, in the last week or year?

Might not want big $$$ with them then, although i think it’s backed ANZ. They have broker recommendations too, like some clients use for the GP

[Nick Radge]

Sorry, year.

Your money is safe – held with ANZ, as are your holdings which are HIN. No issues there.

The thing that I’m concerned about is transferring all my holdings across then they go belly-up within a year. Transferring again is an absolute nightmare.

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