Allows for access to bundled international share market with as little as $50 whereas prior to Commsec Pocket, we would have to buy multiple share in the one company with minimums of USD $500. No experience required.
Put 200 in comsec and had 170 after trade fees decmded to withdraw it and got 70 only
Commsec Pocket. Investing in EFT's. I like the ease of buying through my CommBank app. Investing made easy!
poor communication and lack of share market information before having us sign up so make sure to ask questions as answers will not be offered up readily
Commsec pocket is one of the best share trading platforms on the market to enable consistent and easy share trading. It doesn’t over complicate the share buying process and enables is great for an investor just starting out and wanting to explore exchange traded funds
It's super outdated design wise and not nice looking at all. The fees are ridiculous when making small buy/sell orders, it's clunky and messy which makes it quite confusing to get around. CommSec is very trustworthy but I just think they need to make a simple and modern app and web browser.
The brokerage is excessive. There are a lot of online brokers now and many have brokerage at $5 or even less. Commsec still charges $30odd but the portal is nothing exceptional. There doesn't seem to be any reason for a 6x increase in cost other than bank profiteering.
I like my comsec account because they have good advice on buying shares and their turn over rate is good not to mention your money you have invested is in your account the next business day.
Commsec staff asked me to pay for a transfer fee, which I asked them to investigate further. They then proceeded to lock me out of my own account, so I was physically unable to pay said fee, and then they charged me $1,000 dollars for the unpaid fee. Meanwhile, nobody informed me any of this was happening and I did not authorize them to take these actions; I actually had to chase them several times to get an answer! Now debt collectors are involved. Horrible, horrible experience with staff and management who do not listen!
As a long term trader, I really appreciate Commsec's opportunity to trade shares. I only trade small amounts because of income, but as the fees are small, it makes it easier to participate. I find it easy to navigate the site, and have absolutely no reason to leave.
I'd have to admit, the Commsec platform is one of the best in the market. I've tried them all. Most of them are a complete waste of time. But when it comes to bang for buck, this share trading platform doesn't win. Which is why I had to give them a 1.
I like Commonwealth because it integrates with Commsec easily, making it quick and efficient to purchase shares, allowing me to diversify my portfolio and compare it to other assets easily. Cons to Commsec are that trading on foreign stock exchanges is harder and requires the user to undertake a different process.
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