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 What is the best online broker malaysia?, opinions

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Ramjade
post Mar 11 2017, 08:15 PM

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QUOTE(gark @ Mar 11 2017, 07:39 PM)
I am using, so far so good. No complaints.

Less research than other full service broker, and DIY account.

The 0.05% rate is applicable only if you trade >30K per trade otherwise it is 0.08%
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Still way cheaper than SG broker sad.gif
empyreal
post Mar 11 2017, 09:22 PM

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QUOTE(lowya @ Mar 11 2017, 03:47 PM)
any review on broker M+ appreciated.
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its significantly cheaper than my previous broker. i dont really play contra, and i dont need any remisier's advice, so i'm quite happy with m+.

the only annoying part is that i need to use internet explorer for their online platform - its the only reason i have ie for. but for the low transaction fees (around 100/50k), its no big deal.
gark
post Mar 11 2017, 09:56 PM

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QUOTE(empyreal @ Mar 11 2017, 09:22 PM)
its significantly cheaper than my previous broker. i dont really play contra, and i dont need any remisier's advice, so i'm quite happy with m+.

the only annoying part is that i need to use internet explorer for their online platform - its the only reason i have ie for. but for the low transaction fees (around 100/50k), its no big deal.
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Yes IE is annoying... I rather use their phone app to trade, much better. smile.gif

You get what you pay for...
SUSlowya
post Mar 12 2017, 09:19 AM

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QUOTE(gark @ Mar 11 2017, 07:39 PM)
The 0.05% rate is applicable only if you trade >30K per trade otherwise it is 0.08%
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any better rate for intra-day? do you use M+ mostly?

Mind to share comparison M+ vs maybank2u?

QUOTE(empyreal @ Mar 11 2017, 09:22 PM)
i dont need any remisier's advice
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their advice is too pricey.

QUOTE(gark @ Mar 11 2017, 09:56 PM)
Yes IE is annoying... I rather use their phone app to trade, much better. smile.gif

You get what you pay for...
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can live with the limitation as long as brokerage fee competitive.
gark
post Mar 12 2017, 01:11 PM

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QUOTE(lowya @ Mar 12 2017, 09:19 AM)
any better rate for intra-day? do you use M+ mostly?

Mind to share comparison M+ vs maybank2u?
their advice is too pricey.
can live with the limitation as long as brokerage fee competitive.
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Rate is same even for intraday. Never use m2u before.
roboticsbeacon
post Apr 17 2017, 08:56 AM

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Anybody tried to use RHB Invest "Stop Loss" and "Conditional Limit" function? Does it work well all the time? Appreciate if some sifu can share his/her experiences. Thank you!

This post has been edited by roboticsbeacon: Apr 17 2017, 09:04 AM
KKKKKK123456
post May 2 2017, 05:08 PM

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Hi all,
Im new here and i would like to learn the investment also and i want to open M+ a CDS account, what can I do? any M+ remisier here, please pm me.
as Im new in this field, can i know you guys talk about the tools is for what use? is it if I gt a CDS account then i can use those "tools" by online login ?
another questions, we need to pay any annual fees after register a CDS account?
Ramjade
post May 2 2017, 05:58 PM

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QUOTE(KKKKKK123456 @ May 2 2017, 05:08 PM)
Hi all,
Im new here and i would like to learn the investment also and i want to open M+ a CDS account, what can I do? any M+ remisier here, please pm me.
as Im new in this field, can i know you guys talk about the tools is for what use? is it if I gt a CDS account then i can use those "tools" by online login ?
another questions, we need to pay any annual fees after register a CDS account?
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What's there to PM? Just fill up the form here
https://www.mplusonline.com.my/macsecos/Reg...r.asp?regtype=A
Alternatuvely, download the forms and print it then post to them
https://www.mplusonline.com.my/macsecos/openacc.asp

Tools use to screen for stocks based on criteira you set. Dividend yield, PE, EPS, debts to equity, etc
There are also tools for charting where they provide chart so you can analyse when to go in and when to exit (useful for traders)

CDS doesn't provide those tools. They are just "storage". Usually your broker is the one who will provide those tools.

No annual fee. You pay RM10.60 one time only for opening account.

FAQs about M+
https://www.mplusonline.com.my/macsecos/get...nu.asp?Page=faq
nanan75
post May 3 2017, 09:21 PM

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QUOTE(gark @ Feb 25 2017, 02:50 PM)
Use mplus ler.. i pay 0.05% only.
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Can share your remisier contact? I wanna open acct also
Ramjade
post May 3 2017, 09:36 PM

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QUOTE(nanan75 @ May 3 2017, 09:21 PM)
Can share your remisier contact?  I wanna open acct also
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See reply above on opening account.
KKKKKK123456
post May 5 2017, 03:24 PM

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QUOTE(Ramjade @ May 2 2017, 05:58 PM)
What's there to PM? Just fill up the form here
https://www.mplusonline.com.my/macsecos/Reg...r.asp?regtype=A
Alternatuvely, download the forms and print it then post to them
https://www.mplusonline.com.my/macsecos/openacc.asp

Tools use to screen for stocks based on criteira you set. Dividend yield, PE, EPS, debts to equity, etc
There are also tools for charting where they provide chart so you can analyse when to go in and when to exit (useful for traders)

CDS doesn't provide those tools. They are just "storage". Usually your broker is the one who will provide those tools.

No annual fee. You pay RM10.60 one time only for opening account.

FAQs about M+
https://www.mplusonline.com.my/macsecos/get...nu.asp?Page=faq
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The 2nd way seem like more complicate, can I dont use that way?
I Just fill in the 1st link you provided then wait they send back the email to me to activate the account? I had registered in the 1st link but nothing happen. what should I do now?
Thanks for your reply anyway.

Ramjade
post May 5 2017, 03:33 PM

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QUOTE(KKKKKK123456 @ May 5 2017, 03:24 PM)
The 2nd way seem like more complicate, can I dont use that way?
I Just fill in the 1st link you provided then wait they send back the email to me to activate the account? I had registered in the 1st link but nothing happen. what should I do now?
Thanks for your reply anyway.
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How do I apply to M+ Online?
You need the following to trade online:
(i) Register with M+ Online at https://www.mplusonline.com.my
(ii) Visit our nearest Branches to complete the Trading account and CDS (Central Depository System) account application forms. As per Bursa Malaysia guidelines, you are required to be present before a licensed dealers’ representative or an authorised officer of Malacca Securities Sdn Bhd who will witness your application. Alternatively, you may choose to sign before a Notary Public as a witness.

This post has been edited by Ramjade: May 5 2017, 11:39 PM
Properlog
post May 24 2017, 09:39 AM

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Hi all taikor, newbie here and would like to open a trading account. Appreciate anyone can recommend any good trading platform will be easy for newbie like me...more user friendly and less change for small amount trade. Thanks in advance.
duplicated
post May 24 2017, 07:51 PM

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QUOTE(Properlog @ May 24 2017, 09:39 AM)
Hi all taikor, newbie here and would like to open a trading account. Appreciate anyone can recommend any good trading platform will be easy for newbie like me...more user friendly and less change for small amount trade. Thanks in advance.
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Why not try the latest platform from Kenanga+Rakuten?

M+ is still the cheapest though.
Properlog
post May 24 2017, 09:46 PM

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QUOTE(duplicated @ May 24 2017, 07:51 PM)
Why not try the latest platform from Kenanga+Rakuten?

M+ is still the cheapest though.
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Thanks for ur reply. Is Kenanga and M+ Reliable?
My friend recommend me HLE Broker?How
Was it bro? The charge is much higher compare to M+?
Ramjade
post May 24 2017, 09:59 PM

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QUOTE(Properlog @ May 24 2017, 09:46 PM)
Thanks for ur reply. Is Kenanga and M+ Reliable?
My friend recommend me HLE Broker?How
Was it bro? The charge is much higher compare to M+?
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See this
http://dividendmagic.com.my/malaysia-stock...ers-comparison/
Properlog
post May 24 2017, 10:22 PM

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QUOTE(Ramjade @ May 24 2017, 09:59 PM)
Thanks...will compare this...but the charge seem no much different at 0.05 and 0.1% if for small amount. Still more concern about reliability and user friendly. Any recommendations or what you use?Bro
Ramjade
post May 25 2017, 12:47 AM

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QUOTE(Properlog @ May 24 2017, 10:22 PM)
Thanks...will compare this...but the charge seem no much different at 0.05 and 0.1% if for small amount. Still more concern about reliability and user friendly. Any recommendations or what you use?Bro
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Depends on what you want. You want analyst report go for kentrade. According to Vanguard 2015 he said their analysis quite good.

You want high interest rate for brokerage, HLeB not bad.

All broker more or less the same if you are the type for trade say RM4-8k/transaction. If you are the type who trade like rm100k, then yes. It starts to make a difference.

As for me, I don't have a Malaysian broker. Don't intend to buy malaysian stocks. tongue.gif Other country broker ada la.

If I were to choose, I will choose m+

This post has been edited by Ramjade: May 25 2017, 12:49 AM
Properlog
post May 25 2017, 09:53 AM

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QUOTE(Ramjade @ May 25 2017, 12:47 AM)
Depends on what you want. You want analyst report go for kentrade. According to Vanguard 2015 he said their analysis quite good.

You want high interest rate for brokerage, HLeB not bad.

All broker more or less the same if you are the type for trade say RM4-8k/transaction. If you are the type who trade like rm100k, then yes. It starts to make a difference.

As for me, I don't have a Malaysian broker. Don't intend to buy malaysian stocks. tongue.gif Other country broker ada la.

If I were to choose, I will choose m+
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Thanks for ur input yup😄
Confused on why choose HLe if looking for high interest rate?lol
Btw, Malaysia broker can trade on foreign stock?


Ramjade
post May 25 2017, 11:22 AM

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QUOTE(Properlog @ May 25 2017, 09:53 AM)
Thanks for ur input yup😄
Confused on why choose HLe if looking for high interest rate?lol
Btw, Malaysia broker can trade on foreign stock?
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High interest on money sitting in your trading account if you are not buying.

Of course can. Pay higher brokerage + let the brokerage eat a part of your dividend if you use local broker to buy foreign stocks. devil.gif

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