Margin Loans Margin Loans

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by ttn, 10th Jun, 2017.

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  1. ttn

    ttn Well-Known Member

    Joined:
    9th Sep, 2016
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    Location:
    Sydney
    Hi All

    I looked up service directory and it seems there are BA, Mortgage brokers, FA and etc... but no margin brokers.

    Do I need to contact FI like Westpac, Comsec etc to take out a loan to invest in shares?
     
    ttn, 10th Jun, 2017
    #1
    Realist35 likes this.
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
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    Location:
    Sydney
    There's not many margin products out there. Just look on RateCity, InfoChoice, Mozo, etc to compare margin loans and more importantly - look at their approved shares/funds list to see what maximum LVRs they offer on the shares/funds you want to invest in.

    The higher their maximum LVR, the bigger the buffer you'll have to work with. If they don't offer margin on your shares/funds - while some other lenders do, then that will help you narrow things down.
     
    Simon Hampel, 10th Jun, 2017
    #2
  3. ttn

    ttn Well-Known Member

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    9th Sep, 2016
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    Location:
    Sydney
    thanks Simon
     
    ttn, 11th Jun, 2017
    #3