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Low cost online trading company reaches $1.65 billion mark

Online stock trading has been common for some time and with the developing experience and acceptance of the world wide web in our daily lives it is getting more so. Many people know someone who does online share trading. Have you ever wondered the reason it is so popular? To a lot of folks it just seems logical that when you would like to trade stocks, you should simply pick up the telephone and call on your personal stock broker, right? There are various explanations why even more folks are implementing web based share trading instead and why you may want to jump on the bandwagon too.

Lucy McPhee asked:


14th August 2009

Melbourne

Trader Dealer Online announced today it has executed over $1.65 billion in trades since the company’s acquisition by MDS Financial Group in April 2008, demonstrating a significant growth in trade volumes and values.

Tom Boland, Manager of Trader Dealer Online said, “Since the acquisition of Trader Dealer Online from the Opes Prime administrators, we have been working hard to make sure that the best service is provided to our customers”. He continued to say, “We have been growing at a very fast rate during the first half of this year, and look forward to the continued growth during the next half. We have some further innovations that will be introduced to Trader Dealer customers during this period that should see our customer numbers continue to increase.”

About Trader Dealer Online

Trader Dealer Online was acquired in April 2008 and is a majority owned subsidiary of MDS Financial. In an announcement to the ASX in May 2009, MDS Financial stated its intention to take 100% ownership of TDO in the short term.

Trader Dealer Online offers execution-only services for equities, options, warrants and CFDs for the self directed online investor and trader.

The unique Block Rate Trading approach to charging brokerage appeals to professionals and ensures that retail investors and traders are able to trade like professionals without excessive brokerage costs. Retail Brokerage is a flat rate of $33 including GST for trades up to $200,000 in value (a trade of $1 million in value costs only $253.00, one of the lowest rates in the market today).

Trader Dealer’s brokerage fee allows a trade to be split into 12 different price steps in the one direction over a trading session to allow customers to better manage their orders. Trader Dealer also offers a wide range of execution options when it comes to software all of which can be found by visiting

www.traderdealer.com.au



online trading companies

Buying and selling your own shares can be fairly exciting. It is an awesome learning experience, and really places the power in your own hands with regards to your fiscal future. Yet, before you begin committing to any stock market at all, you really should spend time researching the process. You must know exactly what a stock is and just how it rewards you to purchase it. If you have no concept of the way the stock market operates, you really do not need to be engaged in it yet. Take some time to read up to get a better knowledge of how everything operates.

Here are some significant advantages to trading stocks and shares online:

Up to the minute information: You'll get on-line accessibility to the data to enable you to evaluate them Around the clock, Seven days every week. It is important to have the ability notice what is happening in your own account as frequently as possible.

The charges can be way less: Any time you trade stocks and shares using a broker, you could pay up to $50 to perform just one trade. Web based stock trading websites characteristically charge $7 to $10 each trade. This cost savings means that you can perform extra deals every month and stick within your budget.

Research and study: Almost all stock trading sites give you use of all kinds of training helps and information. This is a great way to find out about the particular trading markets as well as the way they work.

Ease: It is much easier to buy and sell stocks in the comfort of your own home while you are in your pajamas. If you need to make a trade early in the morning or perhaps quite late in the evening, are you going to phone your own investment broker? Suppose you see an issue on a finance website and you want to be in on the action? Will you be able to phone the broker at midnight to make a trade on your behalf? The probabilities really are slim that you'll be able to make it happen, so it is important to have access to your records and be able to generate your deals when you'd like.

Should you make a decision that you would like to buy and sell securities online, take the time to look into a few of the online trading web sites. You will find quite a few and the fees may spread over a range. Locate a site you are at ease with, and test them out for a few deals. You may even discover a site which provides free tradings for anyone who is working with a more substantial level of investment.

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