Sharechat Logo

What do you know about buying shares online?

Wednesday 23rd January 2002

Text too small?
Q: Can you please tell me about online brokers? What are their names and addresses? How do I buy and sell shares on the internet? What are the costs? How safe is it? What are the secrets to becoming a successful share investor?

A: Most NZX Members have a website. To visit all of them go to http://www.nzx.com. Not all of them offer online trading. The ones that do are:





Broker Website Email address
Direct Broking http://www.directbroking.co.nz/ info@directbroking.co.nz
ASB Securities http://www.asbsecurities.co.nz/ asbsecinfo@asbbank.co.nz
Tricom http://www.tricomadvisor.com andrew.gibbs@tricom.com.au

Brokerage charges differ from broker to broker. Trading online is cheaper than conventional brokerage but there can be certain conditions you have to meet. Some broker's offer a flat rate no matter what the value of the trade. This can work out cheaper for large trades, but often not on small trades. Visit all the sites and compare the prices based on the level of trading you think you will be doing.

It is very safe to buy & sell shares online. All brokers have secure trading sites and as long as you keep your FIN & holder number safe, it is no different to ringing your broker and placing your order over the phone.

Everyone has different ways and secrets to make money on the share market. No two investors are alike. The more information you read, the more informed you will be. Timely, accurate information is vital.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Where can I find information about companies on the secondary board?
Why do NZ companies list offshore?
How do I find what specific companies make up a sector index?
What is the difference between a renouncable and non-renouncable rights issue?
What advice can you give a beginner?
How do I begin investing in the sharemarket?
Where can I get investment information or advice?
How do I research a company I may want to buy shares in?
What are share issues and placements?
How much money do I need to start buying shares?