If you play a lot, 1 mth can save a few hundreds...

yup, agree with you. Take the 10k any buy a dividend stock and the return is better than the saving in commission...

Hmmmm.... I never really consider much about the brokerage fees as I'm just a small fish. However, next time when I become a shark , the brokerage fees would be much more.......

So you guys are saying that Jupiter has the cheapest fees? How to apply?

This post has been edited by kmarc: Nov 12 2009, 11:06 PM

Apply online,
and they will phone you to arrange a SIGNING process at their office.

I see. Found their website.

Just one question, do they have an account when you can deposit your money there (I want a cash account)? You know, so that the settlement will be automatically deducted from that account on T+3?

This post has been edited by kmarc: Nov 12 2009, 11:11 PM

the rm10000 still can use for daytrade

The 10K need not necessary be kept in the freezer just to get RM 8.88 for the brokerage fee.
The 10K can be used to make a purchase transaction to enjoy RM 8.88. However whatever you purchase must then be sold by T+3 in order to enjoy RM 8.88 for the sale transaction too

It all depends on whether you are a short-term/mid-term/long-term player.

Yes, others might be closing shop soon, that's the reason why M2U has been offering promotional rate since 1 year ago of 0.1%, before was 0.42%. This new rate started when many platforms were offering low commision to vie for clients. Otherwise, many of their customers will be willing to shift their funds for a better deal to save commission costs . Why pay extra for a same transaction when you can save obviously?
I had been paying 0.42% all the while until 3 months ago where I learnt about the new rate from a friend. So, I informed my dealer that if I as an old customer still have to pay 0.42% , I want to shift to another platform, then , instantly she revised my rate to 0.1%(min :$8)

If I dont sell in T+3, I will be charged different rate and how much?

If I cover back the rm10k without selling, rm8.88 will still apply?

Just want to understand.

sakit kepala la wanna keep tab manually everything. Good if you in-front of PC everyday. Not my cup of tea. I dun just wanna save few ringgit but headache. Just pay 0.42%. settle case., but that is me.

for me, that 10K worth can buy me MAXIS share, keep it for DIVVY is better than saving few ringgit. (ugly truth)

Maybank 2u

Really? When I opened my M2U account, I was fortunate to get the "online stock incentive" promotion when I think the rate is 0.1% or RM8. However, I thought the promotion had already ended?

My recent trades were all 0.42% without the online stock incentive that gets credited to my account every month on the 10th.

Going to call maybank soon to 'threaten' to shift to another platform....

MAYBANK 2U - tak nak. Always disconnecting, a lot of complains - you can read it here everyday, then better go i-Trade

Maybank 2u got 2 type of account.

Margin and cash account. Only cash account has the incentive... and they keep extending....

What account do you open, margin

This post has been edited by protonw: Nov 12 2009, 11:19 PM

Mine is cash account. No online incentive for the past 2 months.....

Gonna call them when I'm free to clarify this....

May some of us oredi heard off....

Maxis fast tracked into the KLCI. FTSE has indicated that following Maxis’ listing on 19 Nov, it will be fast tracked into the FBM KLCI and will be included from 20 Nov. The shares in issue of 7.5bn would have an investability weighting of 30%. Maxis will replace Malaysian Airline System
(MAS) as a KLCI component.

Poor guy MAS.....

PI stock to watch.


Attached File(s)
 Stock_Watch.pdf ( 290.62k ) Number of downloads: 53
 Strategy_Maxis.pdf ( 100.04k ) Number of downloads: 45

Eh.... wait wait... just checked my account just now.... just receive my online incentive!

Ok ok... stick with M2U for now....

itu-lah....NAK shift. But since 3 months ago I got comfortable with 0.1%(min $8), I bear with it.

Do you trade these last 2 months, if you trade and dont get it than you should follow up with them but bear in mind if you contra T+3, they will refund immediately.

yeah....better call them. They should keep up with the times and be competitive.

**oops, I missed reading your next post, so you got it, great.

This post has been edited by sharesa: Nov 12 2009, 11:36 PM