Burrell was established in 1937. Burrell is a stockbroker with high reputation and professionalism, providing comprehensive financial services to individual and corporate investors in Australia. Its honest and transparent trading model, along with top-notch customer service, offers investors a stable investment solution, making it an important player in the Australian securities market.
What is Burrell?
While Burrell presents investors with access to Initial Public Offerings (IPOs), offering opportunities for fresh investments, it lacks support for forex and cryptocurrency trading, potentially restricting choices for traders keen on these markets.
Pros and Cons of Burrell?
Burrell stands out as a reliable brokerage regulated by the Australian Securities and Investments Commission (ASIC), ensuring transparency and security for investors. While it provides access to Initial Public Offerings (IPOs), offering opportunities for new investments, it does not support forex and cryptocurrency trading, limiting options for traders interested in these markets. However, the absence of live chat support and educational resources may inconvenience clients seeking immediate assistance and comprehensive learning materials. Furthermore, the lack of detailed information on trading platforms and account types poses challenges for potential clients in evaluating the suitability of Burrell's services.
Is Burrell safe?
Regulation
Burrell operates under the authorization of the Australian Securities and Investments Commission (ASIC), holding license number 247431.
Safety Measure
Burrell employs various security measures to prevent misuse or loss. Access to personal data is restricted to authorized personnel only, whether stored in physical or electronic formats. The premises are secured with physical measures like locks and security systems, while the computer network is protected using firewalls and password controls. Additionally, when utilizing third-party computer servers for data storage, Burrell ensures that they employ adequate technology to maintain the security of clients' information.
What are securities to trade with Burrell?
Burrell offers a wide range of investment products, including stocks, ETFs, Australian Real Estate Investment Trusts (A-REITs), managed funds, Initial Public Offerings (IPOs), options, warrants, and international shares. However, it does not provide trading services for bonds, futures, or forex.
Stocks, or shares, allow investors to own a portion of a company's assets and profits.
ETFs offer diversification by tracking specific indices and can be bought and sold on stock exchanges.
A-REITs provide access to real estate assets like office towers and retail properties.
Managed funds pool investors' money to invest in various asset classes under professional management.
IPOs present opportunities for investors to buy shares of newly listed companies.
Options provide the right to buy or sell securities at specified prices.
Warrants offer leverage in rising or falling markets without owning the underlying assets.
International shares enable investors to access global markets. Burrell's diverse offerings cater to investors seeking exposure to different asset classes and markets.
Customer Service
Clients can reach out to Burrell's dedicated support team via phone at 1300 4 2877355 or email at clientcare@burrell.com.au.
Conclusion
Burrell stands out for its provision of access to Initial Public Offerings (IPOs), offering investors opportunities for new investments. The brokerage may be more suitable for traditional investors as it does not support forex and cryptocurrency trading, focusing instead on traditional investment avenues like stocks and IPOs.
FAQs
Is Burrell a safe platform for trading?
Yes, Burrell is regulated by the Australian Securities and Investments Commission (ASIC). The brokerage prioritizes the security of clients' personal information by implementing various measures, including restricted access to data, physical security measures, and robust network protection protocols.
Is Burrell suitable for beginners?
Burrell may not be the ideal choice for beginners due to the lack of educational resources.
Is Burrell a legitimate platform?
Yes, Burrell operates under the authorization of the Australian Securities and Investments Commission (ASIC), holding license number 247431.
Risk Warning
The details presented here are derived from WikiStock's thorough analysis of the brokerage's website data and are subject to potential modifications. Furthermore, online trading carries significant risks, including the possibility of losing all invested funds. Therefore, it is essential for individuals to fully understand these risks before participating in any trading activities.