What is the minimum amount required for share trading?
While there is no minimum order limit on the purchase of a publicly-traded company’s stock, it’s advisable to buy blocks of stock with a minimum value of $500 to $1,000. This is because no matter what online or offline service an investor uses to purchase stock, there are brokerage fees and commissions on the trade.
Is CommSec good for beginners?
Yes, Commsec is a very good place to start. Its trading platform is good for a beginner.
What is the minimum amount of shares you can buy in Australian?
How much does it cost to trade on CommSec?
Trades placed through a CDIA cash settlement account.
For trades between $1,000 and $10,000, you’ll incur a $19.95 brokerage fee. This fee rises to $29.95 for trades between $10,000 and $25,000 and to 0.12% for trades over $25,000.