cooldude123 on 12/07/2017 - 11:35. I thought as I have a transaction account with ANZ, my BSB transfers to SelfWealth account would be immediate. I have used Commsec and Nabtrade (and still do for international transactions) so I am able to make a bit of a comparison. I have used Commsec and Nabtrade (and still do for international transactions) so I am able to make a bit of a comparison.Don't forget to use an Ozbargain referral link for an extra 5 free trades on top of the regular 5 that you get for signing up. LemonShapedRock on 27/07/2017 - 12:08 . If you're an active trader you might prefer Commsec. CommSec’s feature-heavy app comes with everything you need to trade on the go. I don't really trade so the annoyances seem to be OK for long-term investing.Market depth and live pricing were added in under the Premium offering ($20 / month) as there's a cost associated with providing that data, charged to us by the ASX. Selfwealth - $9.50 flat fee That's 10 x $9.50 = $95 of free money right there. IG is instant and Commsec lets you buy in advance.Try using BPAY to transfer money in, it can be quicker (next day) if you do it in the morning.Anyone else that comes to this thread (it ranks high on Google) there's some old information in here. I've been using CommSec for a few years. I'm thinking of getting into share trading, and have heard about SelfWealth (Has anyone used them? That was months ago though, so it seems to be taking a while.I know my IG account accepts instant debit card transfers with no fee. Let me know if you have any other questions.What do you guys use for live data app/track shares prices while buying on Self wealth? I'm still in the premium 90-day trial period, so I'm not sure which features I'll lose after that. Transfers from my ANZ transaction account still takes 1-2 business days.Hopefully, this may change next week when NPP is live.Where do you get Ozbargain referral links for the 5 free trades?I haven't used it myself, but you can click on the "Deals and Coupons" link after the main post, in other words Also remember that you have 30 days to use your free tradesNot sure what your motive is, but I have logged into my Selfwealth account to confirm that they do not have market depth working nor do they pay interest.He is either a shill/sock puppet or wants to solicit referrals.They started to offer market depth for an additional fee.And one of the worst features is now you can't prepurchasd trades anymore and they won't let you deduct the commission from the proceeds when you're selling shares. A lot of people come to SelfWealth as … What is the @nickomac what do you mean with hold shares in CHESS? E.g: payID. In this video, I'll be showing you how to purchase Exchange Traded Funds (in this video I used Vanguard as an example) via Self Wealth and COMMSEC. You can buy one unit of All-World ex US with some spare change with that ;)Cheers, and thanks for the detailed answer plus advice.Just one more question (for you or anyone else), from their FAQ they say "The SelfWealth TRADING Cash Account is a Trust Account held in SelfWealth’s name as bare trustee for you; monies are held by ANZ. Why is the account in their name?Also, I'll be happy to use your referral link (pm it to me)! Thanks for the advice.Regarding the cash account, I won't pretend to even understand what they're saying there but I would just not keep any excess cash in their account for two reasons:Regarding the shares, they are CHESS sponsored and you will own them so there's no risk of losing them if SW go bankrupt from what I understand.I've been using CMC markets for a while but tried out Selfwealth recently just for the joy of it :POne reason I wanted to do it was the fact that transferring cash to CMC take 1-2business days. I never had these issues with CommSec, so i switched back.I'll consider coming back to selfwealth when they implement international share trading.Are you placing Market Orders? I usually only place limit orders so either the order fills at the price I wanted or it doesn't.Yeah, I trade breakouts so generally market orders. I only buy for the long-term so low fees are the most important.I just wanted to make sure people go into it know that there are some annoying flaws though.Anyone know if I transfer shares from Igmarkets to Selfwealth, will I be charged for the transfers?I guess it comes down to who/what is Issuer or Broker sponsored, whatever that means.I just wonder what it costs, as some Ozbonites have probably done it due to new IG fees.There is typically no fees associated with broker to broker transfers of shares, at least we won't charge you. You will be holding the shares in your own account, the brokerage is very low and if you're just looking to put money into ETFs you won't really need a phone app as such which CMC don't have.is CMC only CFD or can do normal trading without borrowing $?Can do normal trading and use your own money - they'll set you up with a cash management account from bankwestCMC Markets have an iphone app at least - I've used it and it's quite good.IG doesn't hold shares in CHESS, so that pushed me away from using them.Guys I have the same doubt. Comparing CommSec to IB for SG trade it’s 0.40% commission for commsec comapared to 0.08% for IB. The problem is I have been looking around and the fees seem quite excessive. Set up notifications and Watchlists, or get up-to-date snapshots of the market. Each SelfWealth Cash Account is reported individually to APRA by ANZ, the Trust account is governed by ASIC and cannot be used for corporate purposes.