worst broker - jb were?

  1. 10,605 Posts.
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    Anyone with elderly relatives who trade with JB Were would be doing them a great service by getting them to check what userous rate that company is charging them for brokerage.

    My mother who prides herself on her independence contacted me in shock after she suffered substantial losses on recent advice from JB Were only to find that on inspection she was being charged brokerage as high as 2% on individual trades approaching $50,000

    JB Were's response was to offer future trades at 1% but no restitution for the trades and commission they had already ripped off over several years including on several trades worth over $100k last week alone.

    Clearly this dispicable companies recent star performance as one of the most unprofessional investment advisors in the country as nominated by the ASIC and ACA is completely justified.
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