I've got some Vanguard shares in NabTrade currently. Im planning to hold stocks for long term in my Nabtrade account and only managing 5-6 stocks spread across domestic and int. If you aren't planning to actively trade this might be the way to go.In regards to the other platforms they are more or less the same, differing only slightly on features. I'm only planning (at least for the time being) on investing in a couple of ASX ETFs, and don't plan on trading very regularly. SelfWealth (Online Forex / Share Trading Service): 4.1 out of 5 stars from 276 genuine reviews on Australia's largest opinion site ProductReview.com.au. Hi, I've got some Vanguard shares in NabTrade currently. Press question mark to learn the rest of the keyboard shortcutsCookies help us deliver our Services. SelfWealth Premium is a long-standing product of the SelfWealth platform and community. It should all be free to complete, might take a few days though. Investments of <$1000 incur a $2 fee, while transactions >$1000 incur a fee of 0.2% the trade value.
You'd just record them separately for tax purposes.If you ended up transferring from NAB to SelfWealth, then I expect the 2 holdings would combine fine.Australian Personal Finance. If I leave those and buy the same Vanguard shares through SelfWealth due to lower brokerage, are there any implications here?Self wealth would just have a ‘Transfer Chess Holdings’ or ‘broker to broker’ form. Just fill it out and send in with a copy of certified ID and they’ll request the shares from NabTrade.Also a broker to broker transfer isn’t seen as a change in ownership, so it won’t be a capital gains event when you consolidate your holdings.Just thought I’d add that since both brokers are CHESS sponsors who allow you to hold the shares on HIN, even if the brokers go bankrupt the shares are still in your name.Transfer your CHESS sponsored holdings across to SelfWealth.
I'm completely new to investing and am unsure which trading platform to use - so I was hoping to hear some opinions on different trading platforms.I'm only planning (at least for the time being) on investing in a couple of ASX ETFs, and don't plan on trading very regularly.SelfWealth is the cheapest, there’s referral codes if you ask around, which will get you 5 free trades.I use CMC, as they hook up to “Sharesight” which is a stock reporting platform, and makes Tax time easy.Nab and commsec I don’t like their brokerage fees, too expensiveCommsec pocket allows you to invest in a select number of ETFs (seven or so). Buy the SelfWealth ETF for free with a SelfWealth share trading account. ... nabtrade vs CommSec: Which should you apply for? I'm completely new to investing and am unsure which trading platform to use - so I was hoping to hear some opinions on different trading platforms. My problem with SelfWealth vs commsec is SelfWealth dosent let me buy unless I have money already in the account. SelfWealth has one of the lowest brokerage fees on the market but it stands out from the rest because it boasts a flat fee of AUD 9.5 per trade. save hide report.
Backed by $100m in seed funding by ETFS Capital in October 2019.
By using our Services or clicking I agree, you agree to our use of cookies. share. Learn about personal finance: budgeting, saving, getting out of debt, investing, and saving for retirement. Ive heard that most bank offered trading services are all shit to some extent anywaysAs others have pointed out, we're the lowest cost for brokerage.
nabtrade’s brokerage fee for trades over AUD$5,000 (and below $20,000) rises to AUD $19.95 CommSec’s fee for trades over USD$5,000 (and below $10,000) rises to USD$29.95. Please read the sidebar and observe sub rules when posting.Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts How do you guys compare to the other platforms in terms of research and education?Commsec for research, market data, live process, etc. Leaving shares in NabTrade and SelfWealth.
Even though money can be transferred intra accounts within NAB instantly, I am not a fan. Its the same constraint with nabtrade. Happy to answer any questions you need help on.need Osko payments - annoying to keep funds with selfwealth.If you get integration with Sharesight, youll have me on board !Thanks! I don’t remember how long it took mine to come across.I think it's fine. (nabtrade, CommSec, SelfWealth, etc.)