Voice-based trading in financial markets – a relic of a former era, or an essential part of the equation?
Frontier markets continue to use voice-based trading as a first step, and that’s something that’s carried across into the regional brokerage community.
The next generation of trading platform is designed to cover far more than just FX pairs, instead accommodating a wide range of additional assets.
For the first time, Australian investors will be able to trade at the low-cost flat-fee rates as SelfWealth today launches its new TRADING platform. SelfWealth TRADING is revolutionising stock trading in Australia, finally providing flat fee trading to a market dominated by the big banks. Its disruptive model charges a flat $9.50 fee regardless of the size of the trade rather than a scaled model that sees investors paying percentage-based fees that run into the thousands for trades over $100,000. Comparison of Online Brokerage Rates (price includes GST)* Total trade size SelfWealth** CommSec E*Trade Bell Direct CMC Markets $5,001 $9.50 $19.95 $24.95 $15 $11 $10,001 $9.50 $29.95 […]