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 What is the best online broker malaysia?, opinions

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BacktoBasics
post Feb 6 2017, 01:25 PM

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QUOTE(max_cavalera @ Feb 6 2017, 12:52 PM)
Lowest is AmBank and M+(Melaka Securities)

Cheap no frills but good trading platform Hong Leong

Nice features like Stop Loss is RHB but the method to bank in to your CDS account is a bit ma fan.
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Thanks for the information bro. I think I will go with Maybank for now as they can trade using app via android and iOS.

Now I am thinking whether to waste my annual leave to go open account haha
max_cavalera
post Feb 6 2017, 01:27 PM

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QUOTE(BacktoBasics @ Feb 6 2017, 02:25 PM)
Thanks for the information bro. I think I will go with Maybank for now as they can trade using app via android and iOS.

Now I am thinking whether to waste my annual leave to go open account haha
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Owh Maybank i never use and get any feedback...

do give your feedback heere how is their service, fee and trading platform
BacktoBasics
post Feb 6 2017, 01:38 PM

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QUOTE(max_cavalera @ Feb 6 2017, 01:27 PM)
Owh Maybank i never use and get any feedback...

do give your feedback heere how is their service, fee and trading platform
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Yup. Will do. Fee I think it's 0.1% for cash upfront with a minimum of rm8. Will try their trading platform.
omnigunk
post Feb 6 2017, 04:12 PM

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QUOTE(BacktoBasics @ Feb 6 2017, 01:38 PM)
Yup. Will do. Fee I think it's 0.1% for cash upfront with a minimum of rm8. Will try their trading platform.
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At 0.1%, this should be the cheapest overall, don't know why people willing to pay upwards of 0.42% per trade.
BacktoBasics
post Feb 6 2017, 04:24 PM

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QUOTE(omnigunk @ Feb 6 2017, 04:12 PM)
At 0.1%, this should be the cheapest overall, don't know why people willing to pay upwards of 0.42% per trade.
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I think other brokers has their pros that I am not aware of. By the way which trading platform are you using
omnigunk
post Feb 6 2017, 05:05 PM

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QUOTE(BacktoBasics @ Feb 6 2017, 04:24 PM)
I think other brokers has their pros that I am not aware of. By the way which trading platform are you using
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Maybank, their system sucks but I care more about the fees structure.
BacktoBasics
post Feb 6 2017, 05:19 PM

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QUOTE(omnigunk @ Feb 6 2017, 05:05 PM)
Maybank, their system sucks but I care more about the fees structure.
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What do you mean by system sucks please explain? I am a newbie so lol
omnigunk
post Feb 6 2017, 05:49 PM

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QUOTE(BacktoBasics @ Feb 6 2017, 05:19 PM)
What do you mean by system sucks please explain? I am a newbie so lol
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You can only use internet explorer and their mobile app is not real time.
BacktoBasics
post Feb 6 2017, 06:06 PM

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QUOTE(omnigunk @ Feb 6 2017, 05:49 PM)
You can only use internet explorer and their mobile app is not real time.
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Holy shit? Really? iOS and android is not real time?? Zzz

Chrome??? Firefox??
knight
post Feb 10 2017, 03:39 PM

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I'm using CIMB Itrade. Very ok for me. I beleive RHB is also using the same platform. Try visit their website and see if you ok with it or not. And it's real time. I can see how many people asking and selling.
Avangelice
post Feb 10 2017, 04:30 PM

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QUOTE(omnigunk @ Feb 6 2017, 05:49 PM)
You can only use internet explorer and their mobile app is not real time.
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QUOTE(BacktoBasics @ Feb 6 2017, 06:06 PM)
Holy shit? Really? iOS and android is not real time?? Zzz

Chrome??? Firefox??
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QUOTE(knight @ Feb 10 2017, 03:39 PM)
I'm using CIMB Itrade. Very ok for me. I beleive RHB is also using the same platform. Try visit their website and see if you ok with it or not. And it's real time. I can see how many people asking and selling.
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I'm using hong Leona ebroking and they have live updates that can be used on google chrome. So far I'm very happy with the platform. Also very cheap booking rate.
jutamind
post Feb 10 2017, 09:51 PM

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How much is your commission rate? Are you using cash upfront account?

QUOTE(Avangelice @ Feb 10 2017, 04:30 PM)
I'm using hong Leona ebroking and they have live updates that can be used on google chrome. So far I'm very happy with the platform. Also very cheap booking rate.
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Avangelice
post Feb 11 2017, 12:42 AM

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QUOTE(jutamind @ Feb 10 2017, 09:51 PM)
How much is your commission rate? Are you using cash upfront account?
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I am using the value trade account which has a brokerage fee of 0.1% with minimum charge of 8 myr. also cash upfront is 99%
ILoveLalat.net
post Feb 11 2017, 10:22 AM

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QUOTE(DellMalaysia @ Feb 5 2017, 10:47 PM)
Mind to define "service is inadequate" because interested to talk with them.
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Apologies for the extremely late reply, heard that their brokers sometimes do not pick up their phones when calling them for phone trades or even their system glitching while Bursa is online. Heard that from a friend too.
BacktoBasics
post Feb 11 2017, 10:34 AM

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QUOTE(Avangelice @ Feb 10 2017, 04:30 PM)
I'm using hong Leona ebroking and they have live updates that can be used on google chrome. So far I'm very happy with the platform. Also very cheap booking rate.
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I just went for maybank at the moment and still waiting for the reviewing and approval. Will test it out first.

I might have another one opened for hlb
jutamind
post Feb 11 2017, 02:06 PM

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What do you mean cash upfront is 99%?

QUOTE(Avangelice @ Feb 11 2017, 12:42 AM)
I am using the value trade account which has a brokerage fee of 0.1% with minimum charge of 8 myr. also cash upfront is 99%
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Avangelice
post Feb 11 2017, 02:13 PM

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QUOTE(jutamind @ Feb 11 2017, 02:06 PM)
What do you mean cash upfront is 99%?
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which means any trades you do are based on what you have in the trading account. no borrowing.
topearn
post Feb 14 2017, 05:03 PM

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QUOTE(omnigunk @ Feb 6 2017, 04:12 PM)
At 0.1%, this should be the cheapest overall, don't know why people willing to pay upwards of 0.42% per trade.
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0.1% is very high to me, vs 0.035% for AmBank - 285% higher.
If U buy/sell RM20,000 , 0.1% is RM20, while for AmBank only RM7.
SUSlowya
post Feb 15 2017, 10:44 AM

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QUOTE(topearn @ Feb 14 2017, 05:03 PM)
0.1% is very high to me, vs 0.035% for AmBank - 285% higher.
If U buy/sell RM20,000 , 0.1% is RM20, while for AmBank only RM7.
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facts check

0.035% for AmBank still exist?

whats HongLeong rates btw?
topearn
post Feb 15 2017, 11:29 AM

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QUOTE(lowya @ Feb 15 2017, 10:44 AM)
facts check

0.035% for AmBank still exist?

whats HongLeong rates btw?
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Sorry, AmBank has revised their fee to RM8 or 0.05%, whichever is higher. No idea about HLB.

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