Macquarie Edge – Share Trading Online
Macquarie Edge (www.macquarieedge.com.au) takes advantage of the Web 2.0 world and offers share trading in a social networking style. Users can “share” their portfolio with friends and exchange trading tips with other investors.
Macquarie Edge – A New Approach To Online Share Trading
The online share trading horizon in Australia might have just changed. There is a new player on the market. It’s fresh, flexible and it does what users expect. Networking and interaction. Macquarie Edge takes advantage of the Web 2.0 world and offers share trading in a social networking style. Users can “share” their portfolio with friends and share trading tips in a Facebook type of style. This is, I have to say, is a very clever idea, and is perfect way for the newbies to start learning share trading.
Who is behind Macquarie Edge?
Macquarie Edge is provided by Macquarie Equities Limited ABN 41 002 574 923 (MEL), a participant of the Australian Securities Exchange Group, AFSL No. 237504, 1 Shelley Street, Sydney NSW 2000. In other words the Macquarie Group, or, what they also call the “Millionaire Factory”.
How is it different from others?
There are many features that set Macquarie Edge from other online share trading services.
- A lot of free content. Yes, the share trading platform provides free access to features such as market data and stock exchange news.
- Highly interactive graphs. The share price graphs allow you to mouse over and see exact figures for a particular date. This is, however, something that has been available for a long time from Google Finance.
- Share market news. As well as standard stock market announcements, the system accesses news from Macquarie’s technology partner, Wotnews.
- Social networking features. The system allows users to interact with other investors they know and share details or summaries of their stock portfolio. Not a bad concept, but it will be interesting to see how many “serious” investors will be willing to share such information with friends or strangers.
Macquarie Edge Fees
Brokerage rates range between $23.95 and $28.95 for regular investors. The website can be accessed with macquarieedge.com.au or macquarie.com.au/edge/home/
You may also like to see Commsec, BellDirect, E*TRADE and free stock analysis tools reviews.
Service Availability: Most of the services reviewed by "Aus Business Review" are provided by Australian based companies and organisations and available in different Australian states and territories. These include New South Wales (Sydney, Newcastle), Queensland (Brisbane, Gold Coast), South Australia (Adelaide), Victoria (Melbourne, Ballarat), Western Australia (Perth, Albany, Mandurah, Bunbury, Port Hedland, Kalgoorlie), Northern Territory (Darwin, Alice Springs), Australian Capital Territory (Canberra) and Tasmania (Hobart).
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The review "Macquarie Edge – Share Trading Online" was last updated on 15/10/09.
I like the social networking option of Macquarie Edge. It seems like Macquarie Edge has done it. Trading shares can now be a pleasant experience and you can meet interesting people that way. It would be good, however for more experienced users to share their share trading experience with novices.
Just trying out Macquarie Edge. Looks ok. But promising to be spammy, with that social networking feature thingy.
MacquarieEdge is a nice change. Compared with old rusty comsec, it’s like a breath of fresh air..
They putting more and more TV ads, now advertising with the new website address – www. macquarieedge.com.au
Excellent charts but I beleive they charge high fees for large trades