How does CMC Markets Stockbroking compare with your current broker?
BROKERAGE RATES
Some brokers offer a cheap headline brokerage rate which looks great on paper, but may end up costing you more for larger order values. Others may have special brokerage rates that only apply if you have large minimum balances in their cash accounts. The tables below compare our rates with some of our competitors at different order values.
Share Trading: Online orders
| Order Value |
CMC Markets Stockbroking |
CommSec* |
E*Trade* |
|
|
As of 28/08/2008 |
As of 28/08/2008 |
| $12,000 |
$19.95 |
$29.95 (internet preferred rate) or $37.20 (standard internet rate) |
$32.95 |
| $45,000 |
$49.50 |
$54.00 (internet preferred rate) or $139.50 (standard internet rate) |
$49.50 |
| $120,000 |
$132.00 |
$144.00 (internet preferred rate) or $372.00 (standard internet rate) |
$132.00 |
Share Trading: Phone or face-to-face orders
| Order Value |
CMC Markets Stockbroking |
CommSec* |
E*Trade* |
|
|
As of 28/08/2008 |
As of 28/08/2008 |
| $12,000 |
$59.95 |
$64.80 |
$69.95 |
| $45,000 |
$99.00 |
$202.50 |
$180.00 |
| $120,000 |
$264.00 |
$480.00 |
$420.00 |
* The information contained above was obtained from a publically available source and is current as at 28 August 2008. You should make your own enquires before making any decision about whether to acquire the services of CMC Markets Stockbroking.
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