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 Which broker firm is good?, newbie Qs to KLSE market

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TSyong417
post Sep 29 2009, 08:24 PM, updated 17y ago

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Hi, I wanna to invest in KLSE market...

Need some guidance icon_question.gif 1st before I enter into the market...

1) Which broker firm is good? Any suggestions? (I wanna do online trading and I don wan nominees acc)

2) How's the fees like? Are all the firms charge RM12 min fees?

3) Which broker firm's platform r u using? Is it user friendly?

4) Is the broker firm that u r using provides extra services(researches/analysis) ?? How much they charge for those services?

5) Any more things that i need to take into consideration when choosing a broker firm?


icon_question.gif icon_question.gif icon_question.gif

one more Q, which firm provide futures trading service ya?

This post has been edited by yong417: Sep 29 2009, 08:31 PM
TSyong417
post Sep 29 2009, 09:33 PM

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QUOTE(Malaun @ Sep 29 2009, 08:50 PM)
1) More or less all broker firm are the same its the same as bank. Its not which broker firm is good but which remisiers or dealer is good. Most good remisiers only trade in large amount so if you have a lot of money then u might get good one . Do ask from experienced investor for remisiers recommendation.
I m new to the market, casual investor only blush.gif
dunno where to get a good one...


QUOTE(Malaun @ Sep 29 2009, 08:50 PM)
3) When u ask about the platform, do u mean the online trade?.....Most online trade are FOC so u get what u paid for...its very basic...but enough for casual investor. U still need a remisier or a dealer to use online trade.
I thought everything done online...still need to call them? or i send instructions to them via their online platform then they execute?

Will it be real-time??


Added on September 29, 2009, 9:39 pm
QUOTE(DanielW @ Sep 29 2009, 09:04 PM)
I heard that Jupiter Securities is good. It offers Direct CDS account. Their fees is 0.10% or RM10 minimum. You can go to their website for more info.
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QUOTE(simplesmile @ Sep 29 2009, 09:22 PM)
I use Jupiter Securities.
1. Direct CDS account. No nominee stuffs. So you get all the annual reports and notices in your mail.
2. Jupiter charges min RM10 or 0.1%, whichever is higher. The other charges stamp duty and clearing charges should be standard.
3. The trading platform is OK for me. If not used other platforms before, so I have no comparisons to offer.
4. There are research notes/analysis. But I never read them anymore. I pick up news from The Edge and this forum.
5. I don't think Jupiter offers share financing. If you want to "borrow money to buy shares" then Jupiter may not satisfy your needs. The do have "share margin account" though. If you don't like your brokerage firm, then try another.
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Jupiter Securities, are they reliable?( sorry to ask, 1st time invest, got a little bit nervous)

To register with them, do I have to go to their branch personally? cos I m working 9-5, might not have time to go to their office.....

and one more things, is Jupiter Securities dealing in futures?

This post has been edited by yong417: Sep 29 2009, 09:46 PM
TSyong417
post Sep 30 2009, 06:45 PM

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thanks smile.gif
TSyong417
post Sep 30 2009, 10:08 PM

Getting Started
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Junior Member
291 posts

Joined: Dec 2007

QUOTE
Hi, I wanna to invest in KLSE market...

Need some guidance icon_question.gif 1st before I enter into the market...

1) Which broker firm is good? Any suggestions? (I wanna do online trading and I don wan nominees acc)

2) How's the fees like? Are all the firms charge RM12 min fees?

3) Which broker firm's platform r u using? Is it user friendly?

4) Is the broker firm that u r using provides extra services(researches/analysis) ?? How much they charge for those services?

5) Any more things that i need to take into consideration when choosing a broker firm?


icon_question.gif icon_question.gif icon_question.gif

one more Q, which firm provide futures trading service ya?



any other recommendations/suggestions??


This post has been edited by yong417: Sep 30 2009, 10:10 PM
TSyong417
post Oct 1 2009, 07:45 PM

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Junior Member
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Joined: Dec 2007
QUOTE(GHz @ Oct 1 2009, 06:47 PM)
Hmm, look at my signature for online broker comparison but the list is still incomplete.
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nice chart~~thanks thumbup.gif

 

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