Thursday 17 May 2012
Brokerage Fees

Internet Brokerage Rates for trading ASX Listed Securities are detailed below.

Internet Trade Value EBROKING
Brokerage Fee
CommSec
Brokerage Fee
$0 - $9,999 $19.95 $29.95
$10,000 - $24,999 $29.95 $29.95
Above $25,000 0.12% 0.12%

Brokerage Rate Comparison

Whilst Brokerage Fees under each Trading Platform for ASX Listed Securities are identical for trades over $10,000, there is a significant fee saving for trades under $10,000 using the EBROKING Trading Platform.  That is for trades under $10,000 the EBROKING Trading Platform offers Brokerage Fees of $19.95 compared to the CommSec Brokerage Fees of $29.95.  This equates a $10 saving per trade or a 33% saving.  Based on a typical SMSF Trader with ESUPERFUND who may do up to 100 trades over the course of a year under $10,000, this equates to a huge saving $1,000 each year!  Every year!

FREE Live Data

Live Pricing Data is absolutely FREE with both the CommSec and EBROKING Trading Platforms.  This is a major saving to you compared to other Discount Brokers who only provide 20 minute delayed Share Price Data and charge if you actually require Live Data, typically in excess of $100 annually.

Conditional Orders

Conditional Orders are instructions based around a set of criteria or market conditions (referred to as a 'trigger') that must be met before your trade is actually submitted to the market for execution.  When the trigger criteria specified is satisfied, the Broker will submit your order to the market.  Whilst there is no guarantee that the trade will be executed the aim of Conditional Orders is to protect your profits or ensure you do not miss trading opportunities when you are busy.  By setting Conditional Orders including Stop Losses you can BUY and SELL ahead of time.  Conditional Order Fees per order are as follows:

Conditional Order EBROKING
Fee
CommSec
Fee
Fee FREE Up to $14.95

 

 

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