I use CommSec where they charge $20 per trade under $10,000.
I'm in my twenties and am not swimming in the dough like a lot of guys investing in chunks of tens of thousands of dollars, so I'm generally investing around $1500 - $2500 per trade...so the brokerage is around 1%.
Just wondering what you guys think a good maximum brokerage percentage is for your trades. Obviously I know the more I invest the lower my percentage is, but is 1% considered a fair brokerage? Just looking for a bit of a guideline.
Thanks.
I'm in my twenties and am not swimming in the dough like a lot of guys investing in chunks of tens of thousands of dollars, so I'm generally investing around $1500 - $2500 per trade...so the brokerage is around 1%.
Just wondering what you guys think a good maximum brokerage percentage is for your trades. Obviously I know the more I invest the lower my percentage is, but is 1% considered a fair brokerage? Just looking for a bit of a guideline.
Thanks.
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