Currently, if you open a Share Trading account with IG and place a trade you can receive 10,000 bonus Qantas Points. Up until now, all of my ASX trading has been done via the CommSec platform. In comparison, IG offers lower trading rates at $8 per trade and the ability to earn Qantas Points. You can earn 25 Qantas Points for each domestic trade and 50 Qantas Points for all international trade.
Since interest rates are fairly low at the moment, putting money into shares is something that I am considering more and more at the moment.
The only downside to IG is that the shares are not actually held in your name; they’re all held by a single IG controlled entity. This is fine as long as IG never goes out of business. With CommSec the shares are actually issued directly to you, so there is less risk.
If you’re thinking about making a trade seek financial advice.