Marketech

Platform gold – One year on from my last review of Marketech's trading platform, FocusPro has continued to improve (they just took a gold Canstar award). I have used a number of brokers and platforms over the last 40+ years. Obviously comparing old platforms to what is available today is unfair, however I do run with two platforms (the other for US shares) and… Read more

have tried a number of others available today. FocusPro is the standout, for ease of use but still with the innovation needed for active trading. One thing that can be compared over a long trading career is service, and it has been exceptional at Marketech.

Joint Marketech Trading if You Enjoy Being Ignored, Disrespected & Mislead!!! – I sent via email a very simple request to Marketech's Support Team. It has been SIX days and yet NO REPLY to the request. This, at the very least, is extremely disappointing and from reliable word of mouth a very common problem with Marketech. Now, I can believe that Marketech's claims to be a superior trading platform are false! Additionally,… Read more

you are COMPELLED to pay a $20 per month live share price data fee, whenever you must trade, even if you don't need it. An "excellent" trading platform for clients who enjoy being ignored, disrespected and mislead!!!

Nice platform – I came off Iress/Comsec Does everything I need as I've wound right back in the trading side of things.Continual upgrades and improvements. A couple of things I would like to see. Live news data and a reward similar to comsec whereby if you spend X amount of brokerage in a month or X number of trades the platform is free. Show reply

Service, price, features, ease of use – I am so old I go back to JB were as a broker with 1% commission trades. e. $100+. Used Commsec, Etrade, ...NABtrade., State one..... but this platform suites me. I like the idea I "own" the stocks and am not in some sort of general pool of funds, can use my own HIN and have chess sponsorship I have been a user for 18+ months .Alerts can be set… Read more ·  1

so I don't have to sit at the screen all day and when they go off I can log in on iphone and make a decision. New features are really good and the new fundamental screen has lots of info. Charts work fine, especially the 1 minute,, email queries answered quickly, much better than commsec, low fees Happy punter.

Use it every day the market is open – Plenty of relevant information and easy to use. I like the summary of what I have bought and sold over the recent period. The recent addition of the running profit or loss on the day on each individual stock is very useful. Show reply

Backward Move – Like others, I was happy with basic trade functionality on OpenTrader. Now have to pay $20 per month for the ability to Buy/Sell plus commissions on trades. I am a positon trader with several month hold typically. SelfWealth here I come.

Another Ex Opentrader customer – I was a bit surprised when I got moved from Opentrader to Marketech on a few days’ notice, but in light of the recent acquisition, it sort of makes sense now. The Focus platform looks ok, although, it is not great and it is probably subpar compared to Opentrader. The Focus Mobile app is not bad though, but it does not make up for the fact that… Read more

suddenly we are required to pay 20 dollars to have a similar product offering as Opentrader used to offer for free. Moreover, the default Focus Lite package does not come with a buy/sell feature (!), which makes the platform useless essentially. Since I am an investor and not a full-time trader, it does not make much sense to stick with Marketech, so I am moving all of my shares to a competitor.

Very Disappointed – Had an account with OpenTrader and was happy with it as it was easy to use, but I was migrated to Marketech with two days notice to trial. I sent them an email explaining that I was going overseas for two weeks and when I got back trial had ended and I have had issues ever since trying to logon. Today I tried logon to my account, can view terms… Read more

and conditions but not my share account and they want a monthly fee for that. As someone who may only trade once every 3-4 months and expected to pay $20.00 a month plus brokerage fee this makes it an expensive exercise.

False Hope – They have shifted us from a better software programe in Opentrader to a basic software which doesnt even show daily profits of your portfolio. A cramped up summary of it hard to track. The advertising bvefore the switch sounds like you getting a porsche but we have ended up with the most basic of basics programe on the asx and a charge on top for live data. Feel very duped and will shift away in time.

Very Unintuitive, Cluttered, Hard to Navigate – We had an account with OpenTrader which was easy to use and uncluttered. Then we got migrated to Marketech and that's when we decided to move our HIN to Nabtrade. Marketech - the portfolio view is squashed in on a left side panel rather than an option to show it full screen like on Opentrader, Commsec or Nabtrade. There's a lot going on on the… Read more

screen. The Buy Sell buttons are tucked away on the bottom right of the screen - tiny little buttons. The middle of the screen is one big chart - unlike in Opentrader which allows you to view multiple stock (six or more) charts on one screen. The Buy/Sell panel, which pops up when clicking those tiny buy/sell link buttons, is so cluttered with so many additional buttons and numbers all squash into a small panel. It's just a terrible experience!!! It's like a B grade school IT project. Oh and there is no live chat support (unlike OpenTrader which had fantastic live chat support). Support is via Email - good luck if you're having issues while using the platform. If you must use OpenMarkets - go to Selfwealth, otherwise seriously consider whether the stress of the platform and trying to get support is worth it.

Best Trading platform I have ever used – I first opened an account with Marketech 12 months ago and trade using 3 accounts with the Marketech Focus. I find the platform layout intuitive and I can find all the information I need on the on the trading screen ie: depth, news, company info, and portfolio etc. I also like to use indicators to help me trade and have built my own group of… Read more

indicators to help with my buy/sell decisions.Placing orders is very smooth and easy from within the screen. I also like that I can have multiple watchlists with unlimited stocks in them.This makes checking for trading opportunities both easy and fast. This is the best online broker and trading system I have ever used and their service has been outstanding. I can recommend Marketech to anyone wanting to trade and their $5.00 a trade together with their service would be hard to beat.

Lowest fees, live data, CHESS safe account, with KISS principal built in – A year ago, I made the mistake of working out how much I had spent per week on trading fees. It was a sobering and scary moment. And so began the search for a new trading platform. All the "expert" review sites, seemed to all quote the same companies, with almost cookie-cutter descriptions about each. Then I read about a company that had decades… Read more

of experience in trading software, who were venturing out with their own complete trading platform.

Designed as an all-in-one trading platform, that is meant to be easy to learn, customise and use. Aimed at mobile, but with desktop version as well. It is designed to compliment the two together, so you are not tied to your computer desk through the day, and can trade on the move if you want.

You can set up a trial account to get a feel for everything, then there are two versions for live trading. A free version, suitable for anyone that only makes a couple of trades per month or a subscription version, at $45 per month, with true live streaming price data and a low brokerage fee of $5 per trade, so anyone with a bank trading account doing more than 2 trades per month will be in front.

Your investment is protected with CHESS and linked with a Macquarie bank account, as opposed to the pooled method being offered by some companies, and they are an Australian company, so you are also protected by the Australian financial regulations.

They appear to be constantly making minor improvements with the software and have been very quick to respond whenever I have had a question about anything, in addition to which they have a fairly extensive online help area.

Compared to many that I have used, the site follows the KISS principal, simple, clean, and efficient at doing what I need it for, buying and selling. I would highly recommend it to anyone doing more than a couple of trades a month, to have a look and see if it is a good fit for you personally, it has certainly saved me a considerable amount.