SelfWealth Referrals

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
Hi all,

If you have shares and want the lowest Brokerage fees to trade on ASX then, SelfWealth recently voted by Money Mag Jan 2018 Edition, as the cheapest brokerage available $9.50 per trade. No commission on any size trade!

If you use my referral link I get 5 Free Trade and YOU get 5 Free trades!

This is Referral Link:

Registration (TRADING Premium 90 Day Trial)

They only have EMAIL or Live chat support but so far they have been very professional and responsive.
 

asterix

Member
Joined
Oct 9, 2008
Posts
443
I'm looking at signing up with Self Wealth, the referral link mentions a premium 90 trading account, can I just use the $9.50 or trade account after the 90 premium trial?
 

theblank

Established Member
Joined
Aug 3, 2014
Posts
1,495
Yes thats correct. but there does not appear to be an asterisk next to this cheapest claim
Magazines that do awards like that often only rank contenders who pay for advertsing
 

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
Cheapest after $10K+ is deposited or withdrawn in a trade I do concede..........
 

locopano

Member
Joined
Mar 6, 2012
Posts
123
Hi PLANT,

Thanks for the referral - i used your link and my account was setup yesterday so you should have 5 free trades.

To confirm for others - you actually start on the default SelfWealth TRADING membership with access to PREMIUM features, so you dont need to downgrade to avoid paying a fee after the trial ends. Rather if you want to retain the premium features you need to change you membership.

Account setup - all was done online for me and given i have a corporate trustee for a family trust, multiple holdings to transfer etc i was impressed that it took from Monday evening (after hours) to then have my account opened on Thursday, with holdings in the account on Friday.

Initial Opinion - site is easy to use, the landing page for stocks "stock analysis" which is a Trading (not Premium only) feature, gives a great overview of financials, charts, forecasts, community sentiment etc. Only thing missing which is crucial for me is MARKET DEPTH. However considering im saving ~90% on my trades im happy to open Comsec/Nabtrade in another window until Selfweath gets market depth added to their features. They appear to be migrating to the Open Markets platform so this may be in the near future. Overall the information and features on the normal free Trading membership is excellent.

iPhone App - What is also fairly impressive is that they already have an iPhone app that also allows you to place orders, view portfolio etc and it also has the Stock Analysis feature. Like the site its intuitive to use.

Im very impressed so far and place my first trades today.


PLANT - If you dont mind and if anyone wants to sign up:

My referal link:

https://secure.selfwealth.com.au/Registration/Plan/5/XVo9P
 

asterix

Member
Joined
Oct 9, 2008
Posts
443
I signed up with your referral link yesterday PLANT, so you should be getting another 5 free trades once my account setup is completed.
 

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
Appreciate all the sign ups..... Happy to have more ;)
 

tgh

Established Member
Joined
Apr 23, 2006
Posts
3,458
The cost of a trade is irrelevant to me.. sometimes I go a whole year with nil trades.
What is important is access to all the wheels and deals, quality market research, and a regular person to chat to.
I pay for this…. cheerfully….
 

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
^I acknowledge your comments but if you make a large profit ...... You only get hit with $9.50 instead of the % off other online broker accounts. The 90 day trail becomes a paid feature.... Something that maybe worth reviewing..... Currently no phone calls all via online chat/email.... Is a weakness I admit
 

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
Thankyou to who just used my referral....I needed the trades.... Regards
 

PLANT

Established Member
Joined
Jan 23, 2005
Posts
3,240
Only pay via direct bank account transfer and BPay is $1.00 fee per payment....
 

moa999

Enthusiast
Joined
Jun 23, 2003
Posts
11,980
Is Market Depth available?

What are the premium features referred to, and what is the ongoing cost of those?
 
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sujjup

Suspended
Joined
Jan 31, 2017
Posts
26
Here is my Referral link for 5 Free Trades through SelfWealth,


Self Wealth has the lowest trading fee of $9.50 for any amount of trade, no percentage commission or any other fees. And also there is no Inactive Fee, so even if you are inactive traders you won't be charged inactive fee.

and its CHESS sponsored so shares are safe.

You can transfer your existing shares at the time of opening account or can be done later also. Also you can use the free trades then transfer them to your own sharing platform like Commsec etc.
 

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