Post SelfWealth migration: How do you deal with the 20 min update delay and days delay to process money??

[SOLVED - Thank you for the awesome help]

Hi guys,

This is a genuine question, I am not here to say A is better than B so keep it for you!

I am starting into this and I have been using CommSec.It seems like SelfWealth is Reddit favourite broker coz its flat fee.I didn't know about it until someone recommended it to me here.

I was gonna give it a try but 20 min delays is way too much.With CommSec I can see the price change and update the order to get it through.

Like it was 60.75 and then boom 60.88+Within 20 min gap, you would have ended up with 61+

How do you guys manage it knowing that within a 20 minutes window, you might lose a lot??

Also, it takes 2-3 days if no more ( I have seen reviews mentioning a week) to process your money prior to buy anything while CommSec is real-time. How do you manage this??

Another major difference according to users/review is the support almost non-existent. How do you manage this knowing your money is the subject??

Please and again, I am not here to say A is better than B. Just seeking advice/experience from the community before making the switch.

Thank you for sharing your experience :)

Posted Jul 1, 2021, 12:12 AM UTC · edited

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