FAQ Ben Galamaga
Q. – What services does Trader Dealer offer?
A. – Trader Dealer is an online, non-advisory discount trader. We trade all securities listed on the ASX including warrants and options. Trader Dealers commission rate is $33 including GST for all contract notes up to $200,000 in consideration, then $27.50 per additional $100,000 consideration on a pro-rata basis up to $1M.
Our online trading platform, Market Analyser, includes a straight through processing order pad allowing you to trade with ease.
Trader Dealer also offers a phone trading service which gives customers the flexibility to trade where ever they are by simply picking up the phone.
Q. – Can I trade options?
A. – Yes. You can trade options through our online trading platform. The commission rate on ETO s is $26.40 (minimum) or $2.20 per lot. Trader Dealer allows client s to take a long position on either Calls or Puts, or sell Calls against the underlying (Buy-Write Strategies).
Q. – Do you have margin lending?
A. – Yes. We are one of the only online traders that allow accounts to use Margin Lending. Our margin lending provider is Leveraged Equities a subsidiary company of Bendigo and Adelaide Bank Limited and one of the three largest margin lenders in the country.
Q. – How do I open an account with Trader Dealer?
A. – The quickest way to open an account is to log on to the Trader Dealer website, choose Join Now , and then click on online application . The online application starts with a dozen simple yes/no questions which will determine the type of account you will need.
All the forms needed to complete your application will then be loaded onto your computer and the information entered will be pre-populated into each of the fields requiring that information. Then all you need to do is print, sign and post your application to us with some certified identification. The entire application process takes 5 to 10 minutes.
