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 Exceeded trading limit, Maybank2u Stock trading platform

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naing
post May 23 2011, 06:14 PM

On my way
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Joined: Nov 2010
QUOTE(stockerzzz @ May 23 2011, 05:12 PM)
Hi all. When i try to buy more than 500 lot for one particular stock, there is a warning said exceeded the limit. Which means if i want to buy 700 lot, have to buy in 2 times. one 500 lot, one 200 lot. May i ask is it the same for all online trading platform? coz if i buy separately, then i have to pay 2 times broker fee. cannot buy in one time 700 lot?
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Exactly... you can't buy any stocks more than 500 lots in one order in Maybank platform. It's nothing to do with the price of the stock. And the broker fees for buying 700 lots in 1 time or 500 lots and 200 lots in 2 times may not be that much different as the main portion of the broker fees is based on the amount of the money you pay for your purchase.

 

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