The plunge in the stock market on Tuesday took its toll on online share trading brokers – the increased traffic flooded the sites and created access issues. The Australian reports that leading site CommSec was offline for half an hour. That’s a huge no-no in stock trading, where up to the minute information and accessibility is a must.
I don’t trade stocks online, but I’m curious to hear from readers who do – which online share trading broker do you use and trust? And did you notice how it performed under the strain on Tuesday?
Paul
Thursday, January 24, 2008 at 6:38 PMI use Pacific Trader which is basically a CFD platform. I also have a comsec account and it was terrible, while PT had no problems at all. What I love about Pacific Trader is they have no minimim commission on DMA CFD trades so I can do small trades that only cost me .1% commission. great when you are learning as you can buy very small parcels and pay $1 commission per $1000 parcel of shares.
Sam
Saturday, January 26, 2008 at 9:23 AMPaul: Does Pacific Trader charge monthly fees? Or Have a minimum number of transactions per year before adding fees?
Thanks,
-Sam
TM
Tuesday, February 3, 2009 at 2:32 AMHi Paul, what is the URL (link) of the Pacific Trader? Do you have to pay for using the platform and data facilities? Thanks!