44 people like this.

949 comment(s). Last comment by chinvest17 2024-08-11 12:12

g3nn

2 posts

Posted by g3nn > 2014-04-10 00:02 | Report Abuse

I also dunno why maybank just 2 stars. Have been using them for years and am happy.

ellesse

171 posts

Posted by ellesse > 2014-04-11 13:46 | Report Abuse

I feel so stupid leh... I been playing intraday transaction for about 2 months and my broker
keep charging me contra rate.. when I ask them today they said I need to open daytrade account to enjoy the Intraday interest.. OMG.. so angry...

Posted by basicinvestor > 2014-04-11 14:16 | Report Abuse

I suggest CIMB or Hong Leong.. I had both but CIMB more often..

bracoli

2,579 posts

Posted by bracoli > 2014-04-11 14:19 | Report Abuse

lai lai lai join maybank

ellesse

171 posts

Posted by ellesse > 2014-04-11 14:22 | Report Abuse

Hi Bracoli.. My company have one customer in South Africa with company name ' COLIBRA'... similar to yours..

MarvelLady

230 posts

Posted by MarvelLady > 2014-04-11 14:24 | Report Abuse

ellesse,u r not stupid but ignorant. Ur remisier is....he should hv advised u on the day when u started trading intraday. Or he is greedy...even if the trades r done, ur remisier can amend the same contracts on the following day.

ellesse

171 posts

Posted by ellesse > 2014-04-11 14:29 | Report Abuse

Hi Marvellady.. Thanks... :D
I think my remisier is greedy lah..
If I don't ask him today then he won't tell me..
He said he will help me open the daytrade account and
can be use on Monday... so for today he still can earn more because this morning done some intraday transaction already..

madguy

674 posts

Posted by madguy > 2014-04-26 23:47 | Report Abuse

anyone see this b4 ??

https://www.mnaonline.com.my/web/mna/home

ageess

48 posts

Posted by ageess > 2014-04-29 15:19 | Report Abuse

which broker the best for mobile trading?

ruru

3 posts

Posted by ruru > 2014-05-04 23:34 | Report Abuse

I am a very beginner of investment. Can you tell me the difference of "cash upfront" and "collateralised" ?

MrGala

217 posts

Posted by MrGala > 2014-05-05 00:54 | Report Abuse

Collaterised - is like 'cagaran' in Malay, definition edited from investopedia to fit this context: you pledges assets (cash and shares) as recourse to the broker house in the event that the you default your payment for the purchase(financial instruments, like share etc).
So the method is like you are borrowing money from broker house when you make any purchase, then you have to settle the payment, and you can make purchase with value more than cash you have in your account as long as you settle them in designated period, or else they will be forced sold and you will need to pay for the loss, and of course take the profit if there is any. Buy more than what you have without intention to pay, purposely waiting for force selling is called contra trading.

Cash upfront - is put cash first into acc., then only u can make any purchase, if no money in acc. can't make any purchase.

Collaterised and 'cash upfront' are referring to account type, meaning which type of account an user is using.

That's what I know so far, anyway, please correct me if there are any dealer or remiser or any senior find that I got it wrongly.

ruru

3 posts

Posted by ruru > 2014-05-05 23:01 | Report Abuse

MrGala, thank you so much. I got the whole picture of cash upfront and collateralized.
Then, in the case of Maybak, is my understanding below correct?

Maybank's trading limit : Cash: 1x; Collateralised: 3x cash/shares
Situation: I want to invest RM3000 in stocks

In cash upfront investment, i need to deposit RM3000 in my account.
In collateralized investment, If only i have RM 1000 in my account, I can invest in stocks because I can borrow another RM2000 from brokers

yap1992

1 posts

Posted by yap1992 > 2014-05-06 16:43 | Report Abuse

Should I go for direct account instead of nominee account?

MrGala

217 posts

Posted by MrGala > 2014-05-07 16:33 | Report Abuse

ruru, I think maybe it's so, but the 'borrowing' need to be settled in certain period of time, for maybank i duno how long. Why dont you contact Maybank to ask them? =D

ruru

3 posts

Posted by ruru > 2014-05-07 18:04 | Report Abuse

MrGala, thank you so much. Yeah i will contact them soon or later!

Posted by Cheah James > 2014-05-07 22:45 | Report Abuse

How can apply for maybank investment account?

androsjy

249 posts

Posted by androsjy > 2014-05-09 16:10 | Report Abuse

anyone here heard or use kenanga T10 account? Please share details if you know... Thanks

kheng

1,167 posts

Posted by kheng > 2014-05-29 01:24 | Report Abuse

My broker is damn strict as they reject several of my orders even though i hv cash upfront resulted in me missing a few profit making trades. Consider to change broker to overcome the uncalled for orders rejection. Any proposal?

Romjam

259 posts

Posted by Romjam > 2014-05-29 06:19 | Report Abuse

Use hle broking

knight1

73 posts

Posted by knight1 > 2014-05-29 17:11 | Report Abuse

I'm currently using hle broking, i'm satisfied with customer service, they react quick to my problems. They charge a min. of RM 8 / 0.1% brokerage & u earn 2.6% interest p.a on your trust account. I previously use OSK, have been using it for years but they never offered me low brokerage fees.

kheng

1,167 posts

Posted by kheng > 2014-05-30 19:11 | Report Abuse

Thks Romjam n knight 1. Hv changed to HLE as per your recommendation for peaceful n stressless trading. Huat3 to all in this thread.

Posted by Foresight123 > 2014-05-31 20:55 | Report Abuse

how to short sell in malaysia? Any of these brokers offer short selling services?

LH Yap

1 posts

Posted by LH Yap > 2014-06-01 16:25 | Report Abuse

Jz wan2 ask Osk user nw is rhbib user. Just told by my broker he mention there is 0.1% for buy and 0.42% for sell if u using cash upfront account. Is that true?

Posted by megatti_maf > 2014-06-08 15:16 | Report Abuse

Can we purchase US stock using hle broking?

Posted by loneranger881 > 2014-06-10 18:44 | Report Abuse

what's the point of having GTD but you can't sell shares at a wanted price for stop-loss. sigh.

knight1

73 posts

Posted by knight1 > 2014-06-16 14:43 | Report Abuse

LH Yap, go for hle broking they are way cheaper than OSK. There are 2 options, value trade or 1 trade account. Go for value trade account, hle charge flat brokerage rate of 0.1%, min rm 8.

yongyou

4,676 posts

Posted by yongyou > 2014-06-17 07:59 | Report Abuse

what is the dirrerence between value trade and 1trade?

knight1

73 posts

Posted by knight1 > 2014-06-17 21:55 | Report Abuse

Value trade brokerage rate is fixed. 1trade account will charge 0.38% next time u sell, if u sell it within T+3 will charge 0.1% and other T&C.

knight1

73 posts

Posted by knight1 > 2014-06-17 22:08 | Report Abuse

I wouldn't think of short selling stocks even if it is allowed, it not practical because upside risk is greater than downside plus additional fees involve it's not worth it. I would recommend trading forex, futures & options.

Posted by Telecaster > 2014-06-19 10:51 | Report Abuse

not sure if i can ask here. Last time hong leong platform shows transaction based on a sum. eg, if i buy 200 unit at best sell price, the reflected details is 200 buy transaction. But now, if i buy 200, it will breakdown into seperate individual transactions, eg, 50 + 70 + 80 = 200. the trade detail represented in this manner is misleading. hard to tell when big selling and buying are happening when all transactions are breakdowned. has anyone also share the same concern?

Jimmy Ng

86 posts

Posted by Jimmy Ng > 2014-06-23 22:21 | Report Abuse

May I know which trading platform is compatible with Chrome? Currently I am using Maybank (only compatible with IE, and it suckssssssssssssssssssss)

Moon

62 posts

Posted by Moon > 2014-07-02 17:03 | Report Abuse

I suspect the minimum amount of RM8 stated for Maybank is incorrect by referenced to some of my trading value of RM4K was charged for RM28.
Will anyone be able to advise? I am considering to open another trading account with cheaper brokerage charges.

Moon

62 posts

Posted by Moon > 2014-07-02 18:20 | Report Abuse

Anyone has traded at UTRADE ?

kheng

1,167 posts

Posted by kheng > 2014-07-04 15:05 | Report Abuse

Very impt to pick the right broker with low fee n providing conducive environment for trading. I hv a bad experience with an online broker which charge exorbitant fee while restricting your trading right on what stock to buy in. They will drive u crazy by accepting your buy orders on downtrend stock n ban u from buying uptrend stocks with strong earning even though u hv sufficient fund in your trading a/c, probably they want u to cut loss frequent5ly so t5hat they can make more commission. After a few encounters, i quickly ran for cover n switched to another broker to destress n now smiling all the way to the bank with low fee n trade freedom.

how12345

39 posts

Posted by how12345 > 2014-07-04 23:45 | Report Abuse

So which bank is better ?

singth

8 posts

Posted by singth > 2014-07-09 11:33 | Report Abuse

which broker is nominee CDS and which is direct CDS? can anybody share?

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2014-07-16 21:45 | Report Abuse

Which is the best brokerage firm?
Supports google chrome, low brokerage, online.

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-07-16 21:50 | Report Abuse

go for utrade online...the cheapest rate

Posted by Edward Lee > 2014-07-18 22:29 |

Post removed.Why?

warrior

609 posts

Posted by warrior > 2014-07-19 19:50 | Report Abuse

If interested in opening a trading account with Public Investment Bank, Please email tikusniaga@gmail.com ... DIRECT ACCOUNT, NON-CASH UPFRONT , brokerage only 0.1%

richinvest

417 posts

Posted by richinvest > 2014-07-19 20:37 | Report Abuse

Any hl ebroking dealer ?

Posted by Hamdan Bin Ahmad > 2014-07-22 07:49 | Report Abuse

Osk188 bet ur money in it. Not so bad.

speakup

27,028 posts

Posted by speakup > 2014-07-22 07:51 | Report Abuse

Kenanga the best! :-)

Posted by linlin8888 > 2014-07-22 08:28 | Report Abuse

dear all,
can i know which is the lowest brokerage rate for futures contract? such as ambank and cimb. thanks

wren

157 posts

Posted by wren > 2014-07-22 08:37 | Report Abuse

rhb investment bank?

Posted by linlin8888 > 2014-07-22 10:16 | Report Abuse

any bank that you know the rate? appreciate

Posted by Edward Lee > 2014-07-30 07:44 |

Post removed.Why?

Posted by lavenderong > 2014-07-30 08:07 | Report Abuse

I am using UOB ie utrade. Can email me at lavenderong@yahoo.com.

Posted by Wisesevestor > 2014-07-31 08:44 | Report Abuse

cimb one not bad leh, the technical chart can expand more than 10 years, and the thing I like most is the fundamental analysis provided by Capital IQ and Thomson Reuters! rate-wise, 0.1% min 8 only~~~

CK1991

6 posts

Posted by CK1991 > 2014-07-31 08:47 | Report Abuse

i got fren work at CIMB as broker, can call him 0129022474 Edward Lee

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