CMC is cheaper (brokerage is $11 vs $ 19 for trades under $20k).Commsec certainly has more features, live price data etc which you either need to pay for with CMC or just doesn't exist.CMC also has some basic conditional trades available for free, where Commsec charges a "trigger fee" if its anything other than an on market trade at close to the current price.I signed up to commsec to get the 10 free trades and then transferred my holding to CMC and use that because it's cheaper.
The financial services royal commission not withstanding, a trading platform provided by one of the Big Four banks makes for a convincing argument. You can learn more about how we make money When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. Other features include an integrated cash account and the ability to trade Australian and international shares.The Westpac Online Investing platform is designed to simplify the trading process for casual investors. Alongside share market and stock index CFDs, it also offers the ability for clients to trade commodities such gold and oil.Alternatively, IG Markets, Saxo Capital Markets and CMC Markets all offer CFD trading accounts. Our community is focused on financial education and helping each other along the way. Along with CommSec, they all offer forex trading in the form of CFDs on a broad range of currency pairs. is it easy to move them to a cmc account if i open one?CMC require you to transfer the money in to your broking account before purchase.Commsec require you to transfer the money in to your broking account the day after the purchase.New comments cannot be posted and votes cannot be castAustralian Personal Finance. 2.
That’s five time which is ridiculous. She held previous roles at SBS, Your Money, TVNZ, CTGN, Switzer Group and Momentum Media. We encourage you to use the tools and information we provide to compare your options.Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. Please read the sidebar and observe sub rules when posting.Press J to jump to the feed. For the ASX the IB is again 0.08% with commsec I think 0.12% which is still a not insignificant 50% premium when trading with higher value trades. A CFD is a type of derivative investment where a contractual agreement is based on an underlying asset or financial instrument such as a share, commodity or currency pair. This means you can trade as much or as little as you like and you'll get charged the same amount every time and you won't have to worry about an inactivity fee.If you plan on trading international stocks you should be aware that not every platform offers this service and the fees also vary depending on which country the stock is listed on. To compare the trading platforms of both CMC Markets and IG, we tested each broker's trading tools, research capabilities, and mobile apps. I also have both. SPONSORED: Tesla, NIO and Apple top the favourite's list among Australians traders this year.This Visa credit card offers a low interest rate, a $45 annual fee and mobile payments with Apple Pay, Google Pay and Samsung Pay.Oppo’s more affordable 5G handset doesn’t just rest on fast network access, providing great battery life and solid all-round performance too.Just letting you know, your link to Westpac actually takes you to General Pants CoThanks kindly for your comment. nabtrade vs CommSec features. 5 years ago.