Macquarie Bank Stock Broking
By SmallStocks on Aug 3, 2008 in Broker
Let me put it this way – trying to even find the Fee’s, Charges and Interest Rates on Macquarie’s website is impossible. Everything is “Come and Meet our Adviser”. Ever heard of open and transparent Macquarie? Generally, they only typically deal with serious players, they are going to charge you a bucket load of money to trade with them and they really aren’t for traders who don’t want a full brokerage service. PS – free piece of advice Macquarie, try adding the words “Fee’s, Rates & Charges” to your Financial Services Guide. ASIC will look favorably on you.
| Broker Firm | Macquarie Bank | |
| Address | Level 22, 20 Bond Street, SYDNEY NSW 2000 | |
| Telephone Number | 1300 657 619 | |
| Internet Location | http://www.macquarie.com.au/trade | |
| Frequent Trader Discounts | Yes | |
| Trades ASX Shares | Yes | |
| Sign Up Features | Client Access requires CHESS sponsorship
and an Andrew West Cash Account |
|
| Online Site Features | Client | Guest |
| Stock Quotes | Live Data | 20 Minute Delay |
| Watch lists | Yes | No |
| Portfolio Monitoring | Yes | No |
| SMS Alerts | Yes | No |
| Email Alerts | Yes | No |
| Market News | Yes | Yes |
| Indices | Yes | Yes |
| Market Depth | Yes | No |
| Company Research | Yes | No |
| Charting | Yes | No |
| Current Dividends | Yes | No |
| Cash Account | Client Only | |
| Initial & Minimum Amount | $5,000 Initial & $1,000 Minimum Balance | |
| Account Type | Cash Account | |
| Require Broker Account to Trade | Yes | |
| Access Method | Cheque, Telephone, Fax, Internet | |
| Financial Institution | Macquarie Bank | |
| Interest Paid | Quarterly | |
| Interest Calculated | Weekly | |
| Interest Rate | Click Here to see Rates. | |
| Fees & Charges | Click Here to see Charges. | |
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