With competitive brokerage rates and a host of useful tools and data to make use of, Opentrader’s Share Trading account provides many of the features both new investors and experienced traders will want at their disposal.
Let’s start with the features, because there are plenty available. Opentrader currently offers advanced charting, multiple watchlists, customisable dashboards and conditional orders. Plus free live data is also currently available to all of its users.
Opentrader users will also have access to some of the lowest brokerage rates around - particularly on smaller trades. That’s because Opentrader provides a pretty simple brokerage structure, starting at just $5 on trades of up to $5,000, then $10 for trades between $5,000 - $10,000, $15 for trades between $10,000 - $15,000 and 0.1% for trades above $15,000.
Investors will be able to trade everything from shares or stocks, to exchange traded funds (ETFs) and options on Australian markets such as the ASX and Chi-X, but there’s no access to international markets at present. Opentrader also offers a premium service, The Green Room, that gives investors extra desk support and access to exclusive capital market offers, including Pre-IPOs, IPOs placement and convertible notes investments.
Given its low brokerage rates, plus the handy features and tools on offer, Opentrader could certainly be an option worth considering for all types of investors.
Just remember that Opentrader doesn’t provide access to US and international markets - at least, not yet.
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$10.00 |
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$10 for trades up to $10,000, 0.1% for trades over $10,000 |
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0.1% |
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Trades over $10,000 |
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$10 for trades under $10,000 and 0.10% for trades more than $10,000. |
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no |
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$0.00 |
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n/a |
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n/a |
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yes |
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none |
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none |
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Opentrader currently offers free live data to all customers. |
