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 What is the best online broker malaysia?, opinions

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Tylerlee
post Feb 28 2018, 11:14 PM

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QUOTE(Ramjade @ Feb 28 2018, 10:41 PM)
Avoid RHB investment  at all cost. Expensive.
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Yup, Ramjade, I saw the 0.4% brokerage fee and ... I'm speechless...

I come across TD Ameritrade, any comment on that?

Lee
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.
duplicated
post Mar 1 2018, 02:20 AM

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QUOTE(Ramjade @ Feb 28 2018, 10:41 PM)
Avoid RHB investment  at all cost. Expensive.
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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.
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.
duplicated
post Mar 1 2018, 04:01 PM

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QUOTE(Ramjade @ Mar 1 2018, 05:28 AM)
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.
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Thanks, will look into IB.
Horizonn
post Mar 8 2018, 03:09 PM

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Hello,
I currently open an M+ acc and wonder why my broker fees minimum rm40 and not rm8?
Or I need change the setting?

This post has been edited by Horizonn: Mar 8 2018, 03:54 PM
duplicated
post Mar 10 2018, 07:55 PM

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QUOTE(Horizonn @ Mar 8 2018, 03:09 PM)
Hello,
I currently open an M+ acc and wonder why my broker fees minimum rm40 and not rm8?
Or I need change the setting?
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You will have to contact your remisier and ask him. Online trading is RM8, unless you made phone call orders.
duplicated
post Mar 18 2018, 08:27 PM

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QUOTE(antoniomc27 @ Mar 15 2018, 03:23 AM)
Hi Horizon,

I used to have M+ account and i got bored of their inconsistent fees. HAd to battle on the phone quite often.

I moved to RakutenTrade six months ago and I am very happy with them. Consistent pricing, always on the phone to support you, and a good deal of RT points that I exchange for AirAsia BIG points.
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Didn't know that their fees is inconsistent.
woonsc
post Mar 27 2018, 09:25 AM

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Hi, do you guys know which trading account have a stop loss feature?
duplicated
post Mar 28 2018, 12:21 AM

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QUOTE(woonsc @ Mar 27 2018, 09:25 AM)
Hi, do you guys know which trading account have a stop loss feature?
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RHB and CIMB (please confirm with your remisier) as far as I know.
shinzan
post Mar 29 2018, 05:34 PM

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Anybody using Jupiter?
spiderwick
post Jun 20 2018, 01:58 PM

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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
langstrasse
post Jun 21 2018, 09:43 PM

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Has anyone here invested in unit trust via Citibank ?
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.
jimmyng
post Jun 21 2018, 10:19 PM

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QUOTE(Ramjade @ Jun 21 2018, 09:52 PM)
Use back same CDS account. Open different broker account. Just give your Mplus or HLE your CDS account no.
Avoid. Use FSM or eUT malaysia. More choices. Cheaper too.
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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
spiderwick
post Jun 22 2018, 10:32 AM

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QUOTE(Ramjade @ Jun 21 2018, 09:52 PM)
Use back same CDS account. Open different broker account. Just give your Mplus or HLE your CDS account no.
Avoid. Use FSM or eUT malaysia. More choices. Cheaper too.
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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
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.
spiderwick
post Jun 25 2018, 01:36 PM

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QUOTE(Ramjade @ Jun 23 2018, 10:22 AM)
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.
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.
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Ramjade, so when I sell that time, I can use new broker instead of the existing broker which I placed order?
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
spiderwick
post Jun 26 2018, 02:12 PM

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QUOTE(Ramjade @ Jun 25 2018, 11:36 PM)
Yes if you use back the same CDS no
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Ah ok ok thank you biggrin.gif

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