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Online broker

Discussion in 'Shares' started by yisongxie, 27th Apr, 2007.

  1. yisongxie

    yisongxie New Member

    Joined:
    26th Apr, 2007
    Posts:
    4
    Location:
    Melbourne, VIC
    Anyone can recommend any online broker.

    Etrade, CommSec, NAB, Westpac, and there are so many online broker. How can I select?:confused:
     
  2. bundy1964

    bundy1964 Well-Known Member

    Joined:
    22nd Dec, 2006
    Posts:
    351
    Location:
    Adelaide, SA
  3. yisongxie

    yisongxie New Member

    Joined:
    26th Apr, 2007
    Posts:
    4
    Location:
    Melbourne, VIC
    I am considering about the margin loan and doing the research. Because of some many online broker in market, I am confused.
     
  4. bundy1964

    bundy1964 Well-Known Member

    Joined:
    22nd Dec, 2006
    Posts:
    351
    Location:
    Adelaide, SA
    You will also want to look here as well -

    INFOCHOICE | Investment | Margin Lending | Compare | Tables

    For me I chose Banksa Margin Lending (which is just St George rebadged) and Direct Shares as the broker (St George rebadged E*trade) one for the 10% buffer on shares and the other for ease of use and the link direct to the lender. I also get a discount being a share holder on the interest rate :D

    Westpac also do a shareholders deal if you hold 500 shares.