If you’re buying shares for a company for the first time (not already part of your portfolio), then the minimum buy order value is $500. This rule is set by the ASX and is known as the minimum marketable parcel.
If you already have $500 worth of those shares in your portfolio, then the minimum order value doesn’t apply – you can add smaller amounts to increase your existing holding.
And, in case you were wondering, there’s no minimum for a sell order 💰
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