Trading212 doesn’t currently support the Australian Stock Exchange (ASX) and this is given as the answer to requests to add ASX stocks.
Can we add support for the ASX?
Preferably the full 2185 stocks
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Are you considering adding Australian Stock Exchange (ASX) in the future?? @Team212
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Presumably the problem is that the wholesale fees are too high.
Low cost retail brokers in AU charge around AUD$10 and even IBKR is charging 0.08% with an AUD$5 minimum (fixed/tiered/etc).
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Any update on this, I’d like the opportunity to invest in Talga
Any update on this topic? @Team212
I know this is a feature asked by many, it is really important to the community.
I would create a fundraise if it is a matter of costs. I am sure many will pitch in.
ASX and Canadian market really huge especially in todays commodity centered environment!! Huge opportunity!
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Hey, @JustLookingThx.
We’re still unable to provide an approximate time frame for adding new exchanges. As soon as there is any news, we’ll update you.
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A couple of years later… any movement on adding ASX?
Currently, there aren’t any updates.
Is this even a prominent exchange?
Are BHP listed on here also?
If not there’s no point adding it.
I imagine the problem for T212 is cost.
ASX is available on interactive brokers (eg T212’s broker). However the prices are pretty high, I’m sure they get better than list rates but to give a ball-park the list is AUD $5 per trade (breakdown) - and most other brokers in Australia are charging around AUD $10
I’m guessing that T212 couldn’t afford to loss-lead that much.
I’d like if we could stop with the conjectures and get a real answer from T212. Just tell us what’s the issue and we will check back next year or something.
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