Selfwealth vs OpenTrader

By   |   Updated 20th July 2022

Selfwealth
OpenTrader
Overview
Description
Low cost broker with access to Australian, HK, and US markets.Low-cost trading for shares, ETFs, ETOs, and warrants in Australian markets.
Basics
Account Funding Options
Bank transfer, BPAYBank transfer
Advisory Services
NoNo
Apps
Android, iOSNone
CHESS Sponsored
YesYes
Minimum Deposit
N/AN/A
Minimum Trade
$500 (share dealing)$500
Regulator
ASICASIC
Signup Bonus Gift
NoneFree 2 months premium
Trading
Copy Trading
YesNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoNo
International Markets Trading
YesNo
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
YesNo
Share Trading
YesNo
Tradable Assets
ETFs, SharesETFs, Hybrids, Options, Shares, Warrants, XTBs
Tradable Markets
ASX, HKEX, NASDAQ, NYSEASX, CXA, NSX
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$9.50$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
$0.00$5.00
Order types
Order Type (Contingent)
NoYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
NoNo
Customer service
Email Support
YesYes
Live Chat Support
YesNo
Phone Support
NoYes