Pearler vs OpenTrader

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
Verified by
Updated 24 Aug 2023
Pearler

On website

OpenTrader
Overview
Description
Low-cost trading platform geared towards investors with a longer view.Low-cost trading for shares, ETFs, ETOs, and warrants in Australian markets.
Basics
Account Funding Options
Bank transfer, BPAYBank transfer
Advisory Services
NoNo
Apps
NoneNone
CHESS Sponsored
YesYes
Minimum Deposit
N/AN/A
Minimum Trade
$500$500
Regulator
ASICASIC
Signup Bonus Gift
First investment brokerage freeFree 2 months premium
Trading
Copy Trading
NoNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoNo
International Markets Trading
NoNo
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoNo
Options Trading
NoYes
OTCBB / Pink Sheets
NoNo
Paper Trading
NoNo
Penny Share Trading
YesYes
Social Trading
NoNo
Share Trading
YesNo
Tradable Assets
ETFs, SharesETFs, Hybrids, Options, Shares, Warrants, XTBs
Tradable Markets
ASX, NASDAQ, NYSEASX, CXA, NSX
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$6.50$10.00
Domestic Wire Transfer Fee
N/AN/A
ETF Trade Fee
$0.00$5.00
Funds Withdrawal Fee (Partial)
N/AN/A
Funds Withdrawal Fee (Full)
N/AN/A
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
N/AN/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$9.50$5.00
Order types
Order Type (Contingent)
NoYes
Order Type (Limit)
NoYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
NoYes
Order Type (Trailing Stop)
NoNo
Customer service
Email Support
NoYes
Live Chat Support
YesNo
Phone Support
NoYes

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business