Love it
Simple and easy to use! Great information and helpful tips on investing ETF! Nice small variety of ETF to choose from with good description.
3.85 out of 5
305 ratings in Australia
Simple and easy to use! Great information and helpful tips on investing ETF! Nice small variety of ETF to choose from with good description.
I know this is a basic, stripped back version of a brokerage designed for the lowest common denominator. On that score, it’s great: buy and sell is easy and simple. Go one step further and things get a bit murky. The funds on offer include some that are geared towards dividends/income. The app doesn’t apply new shares from the funds’ Dividend Reinvestment Plans at the (official) issue price, meaning the average purchase price displayed is out of whack. This is obviously a result of the fact that there is no “pass-through” of information from the app to the share registry about your (pretty basic) preferences. Take a pretty common scenario: you want to re-invest all your dividends AND go completely “paper-free”. Simple premise, right? You’ll receive 4-7 physical letters to your address before everything works as you want it to. Enjoy the particularly ironic (physical) letter stating “Thank you for updating your preferences, we will now send all correspondence electronically”. Good on the basics, execution of the work-flow needs some work.
Please remove third party involvement with link
App is great and very easy to use and invest with, however linkmarket service and computer share holding companies that you must use are TERRIBLE, I have previous bad experience with link so I’m not surprised. This time I simply could not even log onto their websites to register my holdings or change preferences. It was simply beyond either company to get me logged onto their website or apps. I tried with different phones and laptops, spent hours deleting browser cache, swapping browsers, constantly emailing new links to change password, installing more verification software, spending hours on the phone in a cue, it was a nightmare. I have given up and sold all of my holdings, it was just to much hassle and was eating up all my free time. Don’t do it to yourself. Invest your money some other way.
Expensive and lack of investment options
I’ve lost $20 so far in 24 hours, you’re better off putting your money in a high interest savings account like Goal Saver. Also when you buy ETFs on here you get spammed with junk mail in your letterbox I’ve received 6 letters in 2 days so far.
I have been using for nearly 2 years now and I love the low $2 fees and auto invest options.
No help no understanding for someone starting out. Tell u one thing one week then take it back and shut down ur hole account all over a little mistake
I wish I never opened this account at all I don’t even know what happened my account went on hold called them and tried to work out what was going on but the lady said to me they locked my account over 4.20 and even apparently threatened legal actions if I didn’t pay that do they sold my shares which I just don’t understand never use again ever
I already use commsec but pocket allows a great way to DCA for $2 at a time. Good for beginners. Please add a pie graph that shows percentage of each holding, on the home screen would be great.
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Top Free
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69
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