@i3lurker Hi Thanks a lot... Yes after requesting they have reduced it to RM12 now... It is sad that even the broker didn`t advise about it, she insisted the minimum was RM28 last month.
Ahh that easy for rakuten, lets say you want to buy hartalega, just go to bursamalaysia or if got other trading acc with cgscimb or kentrade you can check there, syariah complince or not :)
@msbr91. Often not enough limit although I have shares. Keep asking me to top-up money. Ask why? don’t want answer. Ask further, then only say company got restrictions. Ask what restrictions, cannot disclose to me. I am tired.
Do we have a similar comparison for a corporate trading account? There are lots of info on individual trading accounts, the cost comparison, pros and cons, etc., but literally none (afaik) on corporate accounts.
There is a catch on CIMB Clicks 0.0388% brokerage rate with minimum $8.80. Minimum $8.88 is per matched Order. Say you have 3 matched order, each trade value 10,000. Total brokerage is 8.88 * 3 = $26.64. Not 30,000 * 0.0388% = $11.64
Malaysia increase stamp duty from 0.1% to 0.15% from 2022. Many countries don't impose stamp duty for stock trading, including Singapore, US. While China impose 0.1% on the selling side only. Also, Malaysia stamp duty still apply when you invest in foreign market through Malaysia broker.
Why online trading, remisier still get paid from broker, not really understand because i invest my money and did not rely on my remisier, they still get paid, what an easy job lol.
Actually 0.15% stamp duty do not apply to all stock type 0.10% still apply to Warrant, REIT, Trust, Close-ended Fund. While ETF, no stamp duty until 2025.
Hi I started my investment journey with AmEquities LYH. Their support team members are responsive and friendly in guiding me to open the trading account.
They provide many benefits too. It is free to open a trading account with them and I can use the MQ Trader Stock Analysis System for free too! That system is quite nice to use and did make my investment journey easier!
the early morning queueing is another factor. Some cheap cheaper cheapest, you will find that your morning queueing, you will always be the last one in the queue.
and each and every day until Jesus comes, you will always be the last one in the queue.
You want cheap mah? so dun expect people to work hard when you pay them peanuts monkey wages. 🤣
your broker could be maybank or Maybank Investment Bank. please check.
open your mouth to complain and you will get cheaper
Posted by Meena12 > Aug 22, 2021 7:22 PM | Report Abuse
Hi, Maybank is charging me a minimum of RM28 per transaction for both sale and purchase... Is that normal, or please advise if I am paying high?
2021-08-22 19:29" ===================================== It is highly unethical on the brokerage institution to keep mum on fees. This shows discrimination exist even in financial sectors. It is unprofessional ethics exercised by the financial institution. How are they able to lower fees more than 60% from the usual fees after negotiation? This is criminal act.
Hi Alpaca, this is a special campaign by i3investor x Moo Moo. There are extra gifts available for those sign up Moo Moo trading account through i3investor~
“Ausfird > Hi. Anyone use FSMOne? I have an account there but want to compare with others.”
Don't know much about FSMOne, but can give my opinion on my 3 IB account. RHB IB - Good remisier with good advice, commensurate with the higher commission. Kenanga IB - Direct account where I park my more valuable shares, negotiable commission. Rakuten - Nominee Account, where I park my low value stocks. Lowest commission, as low as one Ringgit for each Hundred Ringgit upto Seven hundred Ringgit. Very good for parking my spare change whenever available…
Using Moomoo now. Moomoo is the 1st App that I use that give immediate push notification on order matching. I have used 4 other Apps, all don't provide this.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
msbr91
45 posts
Posted by msbr91 > 2021-07-29 20:51 | Report Abuse
@Noni May I know what is the hidden restrictions you have encountered before?