They’ve got big plans for the companyIs the GM the helpful Wendel that you get whenever you message/email them? By using our Services or clicking I agree, you agree to our use of cookies. I've kept the Commsec account open as other users have said - there might be that rare time when I'd want to make a quick trade off a price movement without funds in my account. On the other hand, SelfWealth is cheap. Presumed that I will retain my Selfwealth HIN & the stocks from the NABTRADE HIN will just be moved across. Commsec and a whole bunch of others don't either.IB, which are very low cost and allow you to purchase on most or all other exchanges around the world and FX rates are unbeatable. Sort by.

ifa … Does anyone know whether Opes Prime was CHESS sponsored and whether something similar could happen to SelfWealth?Great app, lowest fees I've found and the social aspect of the service is nice but not essential.Hi all, another question: I have read that SelfWealth keeps your cash account in its name (not yours), does this mean if they go bankrupt you could lose all the money in that account?From their FAQ page: "The SelfWealth TRADING Cash Account is a Trust Account held in SelfWealth’s name as bare trustee for you; monies are held by ANZ. That subscription is to access the community data.Easy to use, app is okay. We only allow you to use an ANZ Cash account for trading activities. The app facilitates trading only, you can view your Dashboard and Portfolio, Stock Analysis, Order Placement and review. No subscription required, no commissions charged.We've won Money Magazine's 'Cheapest Online Broker' award three years running now. Another way people got rich was by selling clothing, makeup and everything in between. SelfWealth provides a suite of benchmarking tools so you can compare your own portfolio to other investors in the Community based on performance, SafetyRating and WealthCheck Scores. If you're like most here and trickle money into the market at regular intervals SelfWealth will do everything you need for much cheaper.SelfWealth website is very neat and easy to use. SelfWealth is mainly catering for investors, judging by their features (Investor Insights, social investment network of like-minded ...). Our community is focused on financial education and helping each other along the way. This process includes a security check, requiring 100 points of ID (e.g. Please read the sidebar and observe sub rules when posting.Press J to jump to the feed. These reports can be exported into a PDF or CSV file and imported into most Accounting, Tax or SMSF software. I use commsec now and live overseas, but I can’t open a Pocket account.As you said you declare your tax status with the registry anyway so it is unusual that it seems to matter to the broker.I was told by Commsec that if you change your address to an overseas address you need to close your account, so this is something to beware of.A couple of guesses as i have no special insight into their operations.Their KYC is via the usual Australian Domiciled services, and so can verify aus passports, licences etc, but probably has no access to verification services for foreigners. Ironically I used a commsec statement.I opened a Commsec account as a non-resident.

Complete the online application form to set up a SelfWealth trading account. SelfWealth trading supports electronic transfer of HINs as part of your SelfWealth trading application. Selfwealth … A moving azimuth: falling spending continues . mdw000. Enough said. 2018, 2019 and 2020.Get 90 days free access to SelfWealth Premium -- follow and copy the top investors from a community of over 60,000. Currently believe it has to do with reporting requirements for the US, on US residents investing overseas, even if they're Australian citizens. Please read the sidebar and observe sub rules when posting.Press J to jump to the feed. Get Started. Is the SelfWealth TRADING app identical to the desktop site? If they vanish they don't have the power to withdraw your cash or anything like that AFAIK. The two downsides are firstly that while under 100k USD assets with them there is a 10 USD monthly fee although you get up to 10 USD worth of trades for free with this; and secondly the shares are held under custodian, which is NAB Trade is open to non-residents also, and the shares are held as CHESS sponsored which I would prefer despite the higher cost of trades.Still curious why SelfWealth doesn't allow non-residents.Sorry for the delay, still waiting for confirmation of the reason for this. As I bank with ANZ, funds can be transferred immediately to ANZ trading if I wanted to purchase more stocks as opposed to waiting bpay to completely. how is the website? I'm using Self Wealth too. We will also provide you with an Annual Statement once a year for Tax purposes.Yes, following the establishment of your SelfWealth trading account your investments are held in your own name, Trust or SMSF as elected by you on your SelfWealth trading account application. popular-all-random-users | AskReddit-funny-worldnews-movies-pics-todayilearned-news-gaming-aww-videos-explainlikeimfive-dataisbeautiful-tifu-Jokes-gifs-television-IAmA-Futurology-nottheonion-Showerthoughts-Music -askscience-books-science-LifeProTips-mildlyinteresting … They offer 5 free trades if you signup using a referral link and I've placed two orders and have not been charged any fees as of yet. SelfWealth retain all interest earnt on the Trust account. Drivers licence, Medicare card, Passport). Return to top. They just had some banking and system changes that should open the door to international trading from what I understand.$9.5 per trade but $20 per month so depending on how many trades you do it may not be worth itOh the $20/month isn't compulsory and is only to access their community not to trade.What is the $20/month about? "Why not use someone like interactive brokers, if you're a non-resident?New comments cannot be posted and votes cannot be castWelcome to the Australian version of r/financialindependence, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE) Learn about personal finance: budgeting, saving, getting out of debt, investing, and saving for retirement. Press question mark to learn the rest of the keyboard shortcutsCookies help us deliver our Services.

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