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Pro Trader Securities offers a specialist general
advisory service designed with the technical trader in mind. We provide conditional orders to promote good risk management for traders. Our
excellent service is a very reasonably priced option between the cheaper online discount brokers and the full-service brokers.
Indeed, if you compare service with service we
will probably be cheaper than the online brokers!
As an example of the flexibility that a Pro Trader
Securities trading account can give, let's say you wish to purchase 1000 BHP
shares, this is the type of order you could place:
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Buy 1000 BHP at $40.00 limit $40.25 -
you are specifying the highest price you are
prepared to pay
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When purchased place a stop loss for 1000 BHP at
$38.80 - you are limiting your losses with a
stop loss order
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When purchased place a sell order for 1000 BHP at
$42.50 - you are taking profits
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One sell order cancels
the other (OCO)
So, you may specify the highest price you are willing to purchase at
AND at the same time place a stop loss
order to protect any adverse price move once your order is filled
AND place a forward sell order to close
out your position when the price hits a profit target. Our system allows you
to have multiple sell orders on the same position simultaneously, one on the
profit side and another limiting losses - a real
smart way to trade.
All of these conditional and
contingent orders may be placed at no extra cost
and you have the
flexibility to place your orders by phone, email or our online order system.
You may modify your stops at any time for no extra cost, plus your orders will be processed by an experienced dealer/adviser not
just a
computer system.
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E*Trade Australia |
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Commsec |
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Pro Trader Securities
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Online |
Phone |
Email |
Online |
Phone |
Email |
Online |
Phone |
Email |
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Limit Order below $10,000 |
$32.95 |
$69.95 |
NO |
$19.95 |
$54.60 |
NO |
$60.50 |
$60.50 |
$60.50 |
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Extra Fees for services
additional to the basic order fee |
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Conditional Order |
$7.95 |
$7.95 |
NO |
$9.95 |
$9.95 |
NO |
FREE |
FREE |
FREE |
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Trailing Stop |
$19.95 |
$19.95 |
NO |
$9.95 |
$9.95 |
NO |
FREE |
FREE |
FREE |
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Straddle Order |
$19.95 |
$19.95 |
NO |
$14.95 |
$14.95 |
NO |
FREE |
FREE |
FREE |
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Advice |
NONE |
NONE |
NONE |
NONE |
NONE |
NONE |
FREE |
FREE |
FREE |
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Trading Platform Fees |
Up to $79.90 per month |
Up to $81.95 per month |
NONE |
For the novice investor, access to FREE general
financial advice and stoploss orders is invaluable, helping to make your
first steps in the market as safe as possible.
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