We’ve solved the major problem of other stock brokers charging large brokerage rates and other fees to Australian investors who want to invest in international stock markets.
High brokerage rates have contributed to Australian investors being among the least globally diversified in the world. We made it inexpensive for Australian investors to access international stock markets and make buying shares internationally easy and cheaper.
Monex, Inc. is the third largest stock broker in Japan. BOOM was the first online stock broker in Asia and remains a key player in Hong Kong while TradeStation is one of the largest stock brokers in the US. Tapping into the vast abilities and synergies of our group of companies allows us to provide you with an improved trading experience.
In recent years, we have noticed a serious gap in the share trading services available to Australian stock market investors. While Australia is a country of keen share market investors, it has been expensive and difficult to trade international stock markets leading to Australian share investors missing out on significant global opportunities.
Wise investors spread their risk and don’t have all their eggs in one basket. The Australian stock market accounts for less than 3% of global market capitalisation. Unfortunately, home country bias is a well documented problem and Australians suffer this infliction to a greater extent than most other countries. Diversification is the best option in the markets and we want to help stock market investors take advantage of this opportunity on an international scale.
We have invested the time and effort to re-invent our business from the ground up so that we can deliver a product and service that is not only something that traders need, but something that they want: easy access to international share trading at a very reasonable cost per trade.
The back-end software required to run a broker operating across multiple exchanges, in multiple currencies, is generally very expensive with high ongoing fees per transaction. This is a significant barrier to new entrants, especially if they want to operate a competitive pricing model.
Our global network of companies – Monex, Inc., TradeStation and BOOM, - provides us with great depth of experience and robust in-house back-end systems that allow us to access lower execution costs which we can pass on to you as savings in the form of lower brokerage costs.
We give you access to a world of more than 50,000 listed securities that until now have been difficult to access from a single,