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 What is the best online broker malaysia?, opinions

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Ramjade
post Feb 28 2018, 07:42 PM

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QUOTE(Tylerlee @ Feb 28 2018, 07:10 PM)
Thanks for the info, Ramjade

Are all those platforms you mentioned provide stop-loss features? As this is very important to me.

As far as I know, Malaysian platforms are all like 2000 years away in the past, I can't look at the stocks all the time.

Thanks, looking forward for more answers.

Lee
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I am not sure if you use those prefunded platform/cash upfront account you will get stop loss. Best to email them personally and see

For me I buy and hold so can't answer your questions.
Ramjade
post Feb 28 2018, 09:09 PM

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QUOTE(duplicated @ Feb 28 2018, 08:09 PM)
Thanks again for being helpful. I have one last question, hope you don't mind.

From your experience, which market has better profit potential and more liquid (Malaysian or Singaporean)?
I have experience only with Malaysian stock market and I find it very illiquid and the movement is quite slow.
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Lots of people don't like the SG market as
1) it's very slow moving
2) not much choices

People prefer HK and US market as it's more liquid.

This post has been edited by Ramjade: Feb 28 2018, 09:09 PM
Ramjade
post Feb 28 2018, 10:41 PM

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QUOTE(duplicated @ Feb 28 2018, 10:21 PM)
I am not sure. I opened at RHB investment bank branch. They should have it in every state.
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Avoid RHB investment at all cost. Expensive.
Ramjade
post Feb 28 2018, 11:20 PM

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QUOTE(Tylerlee @ Feb 28 2018, 11:14 PM)
Yup, Ramjade, I saw the 0.4% brokerage fee and ... I'm speechless...

I come across TD Ameritrade, any comment on that?

Lee
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If you are a trader go with interactive broker. TD Ameritrade is expensive too and limited only to US market I believed.
Ramjade
post Mar 1 2018, 05:28 AM

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QUOTE(duplicated @ Mar 1 2018, 02:20 AM)
Yes, they are one of the most expensive, if not the most. I had no choice. Had to forgo the commission for the stoploss feature.

Will look into Interactive Brokers. Last time I checked their minimum is quite high.
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USD 10k to open account. Which you can use the USD10k for trading and not stuck in there earning peanuts.

For me, I can't go the route of interactive broker as I don't trade. The monthly inactivation fee will kill me.
Ramjade
post Jun 21 2018, 09:52 PM

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QUOTE(spiderwick @ Jun 20 2018, 01:58 PM)
Dear shifus,

i need some help here...thinking to open another CDS account but split between Mplus and hong leong ...any advices?

currently have cimb but i found the interface not really user friendly lol...

thanks! smile.gif
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Use back same CDS account. Open different broker account. Just give your Mplus or HLE your CDS account no.

QUOTE(langstrasse @ Jun 21 2018, 09:43 PM)
Has anyone here invested in unit trust via Citibank ?
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Avoid. Use FSM or eUT malaysia. More choices. Cheaper too.
Ramjade
post Jun 23 2018, 10:22 AM

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QUOTE(jimmyng @ Jun 21 2018, 10:19 PM)
What do you mean by "Open diff broker account"?
Can teach me?
I also want to use back same CDS account but want to switch the online broker
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Go to mplus or hleb and tell them you want to open account with them. Give them CDS account no. so no need to open new CDS account.

QUOTE(spiderwick @ Jun 22 2018, 10:32 AM)
Ramjade, what's the benefit of doing so ya?
ok ok maybe will check with Mplus or HLE agents how to do it..

Thanks!  biggrin.gif
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Your shares kept in same account. You can use different broker but you still have access to your shares. No need to login different broker to view different holdings.
Ramjade
post Jun 25 2018, 11:36 PM

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QUOTE(spiderwick @ Jun 25 2018, 01:36 PM)
Ramjade, so when I sell that time, I can use new broker instead of the existing broker which I placed order?
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Yes if you use back the same CDS no
Ramjade
post Sep 18 2018, 10:46 AM

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QUOTE(xxcha0sworldxx @ Sep 17 2018, 11:35 PM)
Jupiter is good..been using this for  years d...
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Jupiter kena buy up by Cimb already.
Ramjade
post Feb 23 2024, 09:26 AM

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QUOTE(jasontoh @ Feb 23 2024, 09:06 AM)
Anyone using Cimb Itrade for foreign stocks? I've noticed the processing fee for dividend is very high, basically eat up the dividend. Why are they charging us that?
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Cause they can and
1. People want to have local brokerage. "Feel safer"
2. People stupid, when there are better and lower fees brokerage out there.
3. People lazy to shop around.

 

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