04.05.2024

Steak black is what's labeled as the. premium version membership version of. steak which is the online broker here in. Australia where you can buy asex shares. and U.S market stocks and ETFs for a. pretty good price I use it I've been. using it for a number of years and I am. also a stake black member now State. black gives you access to a lot more. features than you normally would through. the standard app that they have having. said that though it's not necessarily. for everyone's while they call it a. membership a premium membership it's. sort of just a way to say we'll give you. more features if you pay us more money. which is fine but those features are. really specific to certain types of. investors and certain types of Traders. as you can see here they've got two. certain types of State blockage. depending on the markets you're.

Investing in there's an ASX version and. there's a US markets or Wall Street. version they're both 12 a month. individually or if you bond together. that's 17 a month when billed yearly so. it can vary it is also a bit tricky to. understand what exactly you get I'm just. going to put that together in a list. here for the ASX version 12 a month to. get marker depth course of sales then. for Wall Street version you get for 12 a. month instant buying power the full. financials of the companies and then buy. and sell recommendations rather than. talking about what they are let's jump. into the dashboard or the the tool the. platform itself and see exactly what. they are let's start with the ASX. version of State black. here we have their sex or the Australian. Market dashboard the things actually do. get are access to more information say.

We go to ANZ. this is what you normally see as any. type of user stake which is you know. information announcements performance. and stuff like that as a state black. member though you get access to two. extra features with. the market depth and course of sales the. market depth is a way to identify the. demand of trading throughout the day and. then you've got course of sales which is. just a list of all the trades that have. happened throughout that trading day the. Market's open right now so I can see the. most recent trades that have happened. for the ANZ. to me the depth of demand the trades. that have listed here aren't exactly a. feature to look for and that's why I'm. not a member of State black ASX or. Australia. this is probably more helpful for those. who are trading who sit in front of the. computer and look at the course of sales.

Throughout the day to see the demand. that buys the highs the lows. throughout the course of a trading day. you know who you are so you could. probably identify whether 12 a month is. good value for this kind of information. so that's really what you get for the. Australian version of State black on the. other hand let's go to the Wall Street. account which covers all the stocks on. the US markets the New York Stock. Exchange and NASDAQ if we focus in on a. specific stock. you don't get the same tabs that you do. in the Australian one but what you do. get is more information as you scroll. down the individual stock or company. page Netflix for example here you can. see you've got the standard stuff which. is available to all stake users. but as you go down you'll see these two. features analyst ratings and then.

Financial Source ratings is a feature. which tells you what a number of. analysts suggests you do with your stock. buy sell or hold as you can see here. it's probably going to be quite an. influence on your decision making but. this information is available across the. Internet it's not exclusive to Stags so. you can find this information on simply. Wall Street the Yahoo Wall Street. Journal and the like so. you're paying for a bit of convenience. here to have this information here. within your broker same with the. financials earnings EPS if you want to. do evaluations on stocks you can use. this is the information you use to do. that. the financials are all here great the. service is less about the data and more. the convenience of having it in here. this of information again is available. on tools like simply Wall Street quick.

FS it's not necessarily exclusive either. it's just the fact that you can get this. information in a nice and neat sort of. package here within your online broker. the big feature that I love is the. ability to buy and sell instantly so the. minute you sell a share say I want to go. and sell two or three shares of Netflix. normally you would have to wait true. trading days for that money from the. proceeds of that sale to be available if. you're a stake black member here on the. Wall Street version you get access to. that money instantly as someone who. invests on a weekly basis and with in. particular with the state of time zones. being what they are meaning they're only. got like half an hour to an hour to. actually do some investing on the US. markets because they're pretty much open. while I'm sleeping when they do trades.

Quickly if I want to buy and sell I. don't have to sort of muck around and. wait and you know I customize myself to. the different. time zones available so I appreciate the. fact that I can sell a stock and then. use those proceeds to instantly rebuy. and lust sticking or staying within the. market. for as maximum time as possible that's. one feature that has me sticking with. say black. for many of you though it really depends. on what you need and what the features. are that you're looking for if you and. if any of those features are things that. you think yes I needed that information. in my online broker the more I look at. it but then you've got to determine. whether it's worth 144 dollars a year. some of the questions I think you. probably need to ask yourself if you're. considering a state by car what are the.

features that I desperately need. something like I've said some of these. features are available across other. Brokers and are not you need to stay. will the price keep increasing when I. joined State black was 90 a year now. it's 144 a year divided an ASX version. of State black brokerage is going up so. will that affect what happens in the. future and finally where else can I get. this data the full financials the course. of sales Market debt all Buy sell. ratings is it enough that you can get it. elsewhere or is it worth paying money to. conveniently get it within your broker. there's some of the questions I'm worth. asking and that's really the summary of. State black I hope that's helpful and. happy investing