![]() Shares are CHESS-sponsored under your personal HIN, meaning your ownership of the shares is kept on record by the ASX. While the registration process can take up to 2 weeks with some brokers, you can sign up for a share trading account on ThinkMarkets within just a few minutes. Importantly, ThinkMarkets doesn't charge any monthly account fees, subscription fees or inactivity fees if you don't place any trades within a certain time frame. Low feesīrokerage starts at $8 for ASX-listed stocks and ETFs, which is on the lower end of the scale. The main downside is that it does not include live pricing, even at an extra cost. While minimal, it covers most of the basic requirements you look for in a share trading app, including conditional orders, watchlists, stock alerts and portfolio tracking. ThinkMarkets has an easy-to-navigate and clean mobile share trading app. In order to trade CFDs and forex, you'll need to apply for a new CFD account however, you can switch between the 2 accounts under the same login. The ThinkMarkets share trading account offers Australian shares and exchange traded funds (ETFs) listed on the Australian Securities Exchange and Chi-X. ![]() The company is still owned and operated by its co-founder Nauman Anees.Īlthough it has traditionally been a forex and CFD broker, it launched a share trading option in Australia in August 2020 under the "Cash Equities" platform. ThinkMarkets is an online share trading, forex and CFD broker headquartered in London, England with offices located in Melbourne, Australia. No live streaming (live prices only at refresh).Must switch accounts to trade CFDs/forex.
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