Young players bite at ankles of CommSec & Nabtrade
Switzer Daily 22 July 2021 Australia might not yet have the zero-cost broking model for local shares popularised by the US platform Robinhood – or not yet anyway - but that hasn’t stopped younger Australians from discovering the delights of share trading. Call them millennials or Zoomers, they’ve been using their latest lockdown time to good effect. What’s more, they’re not just trading the ‘meme’ stocks plugged by dubious influencers on Reddit or TikTok. The trends bode well for SelfWealth (SFW), the only listed low-cost broker which works on a flat fee of $9.50 per trade. Th...
Source: switzer.com.au