hows the experience with malaysia broker so far?

hi guys new here, have been investing in the local market but i now want to explore outside

just a question which broker do you guys use for foreign share trading? I have a maybank account thinking of opening it up to trade foreign shares but i was wondering whether i could also trade options on maybank

appreciate the inputs, thanks.

I've been using TD Ameritrade for more than 10 years. I started with Datek Online before it merged with Ameritrade in 2002. Not sure why but my fee is now $5 per transaction, down from usual ~$10. It has many trading platforms. The normal web based tool is sufficient for buy-and-hold stocks but for active trading especially trading options, it's ThinkOrSwim (TOS)platform is superb.

This is from Wiki:

TD Ameritrade earned five stars and finished second overall in the StockBrokers.com 2011 Online Broker Review with the thinkorswim platform taking top honors. In 2012, they earned five stars, a first place finish, and a slew of Best in Class awards along with thinkorswim once again taking top trading platform. For 2013, TD Ameritrade repeated their #1 Overall performance, earning four and a half stars, a first place finish, thinkorswim as top trading platform, and finished first for new investors.

This post has been edited by kimyee73: Aug 16 2013, 12:15 PM

MBtrading is good enough.

Charting ok, options trade OK, fast execution, easy withdrawal/deposit.
Online customer support (skype, chat etc).

Fee $4.95/trade.

Hai, just have a question. When we open a new global trading acc with maybank, do we need to open another current acc with them? ( I already have a current non margin acc link with a local trading acc with them) If we have to open a new one, can we see the current acc listed together other current acc in our normal m2u bannking acc or it is just a trust acc which is not listed with other bank acc? Thanks. Just summit the application and now can see the global trading logo but show invalid acc when click

with the violent fluactuation of exchange rate.
every trade oso got effect and must calculate rates before commit.

Hi Rosdi1,

I have just opened an trading account in Interactive Brokers but have no idea how to transfer fund from my local bank (Maybank) account to IB trading account, could you please assist on this issue ? Thanks a lot

eh u all realise either etrade/sogotrade/ameritrade/ upon dividend collection there is 30% non-us citizen witholding tax. where as if u are buying same stock from LSE eg gsk.l british petroleum.london or hsbc.london there is no taxation for british stock. which at the moment local bank trading fees for uk stock is 0.7% or minimum 97 GBP per trade and stamp duty 0.5%

eg if u bought 100share of GSK at 1590pence = 1590 + 97 gbp + 7.95 = total is GBP 1694.

agree local share non have good track record of dividend increase and stable pricing for the last 20yrs.
china shadow banking have made many private equity to flee china stock at the moment. no doubt if u have 20-30 yrs of investing horizon will have a very bright future. i am a diversified investor
my portfolio. (anything had no miss his earning for the last 10 yrs + high dividend yeild)
bank of china 3988.hk 7% no tax
hsbc
standard chartered
coca-cola
kraft
tesco (bought recently below 290pence)
gsk
PM
unilever
shells
china mobile and petroleum
british petroleum
berkshire b class
altria group
macdonald
visa mastercard and american express.
nestle lindt7sprungi swiss reinsurance zurich insurance munich reinsurance,
burberry
LVMH
vanguard s&p 500 index funds (can only use tdameritrade to buy)

above mentioned non of the local equity can match their size or competitive advantage.

as for transfer easy la. go to ure local bank and ask for assistance.




This post has been edited by normanTE: Apr 3 2014, 05:55 PM

Hi Norman,

What's the least expensive way to buy ETFs on the London Stock Exchange? There's quite a nice selection of ETFs. Furthermore, vanguard just launched 4 new ETFs on LSE today.

http://www.morningstar.co.uk/uk/news/12976...et-cheaper.aspx

Also, some of the ETFs come in GBP currency and some in USD currency.
For instance, the new Vanguard FTSE North America UCITS ETF code is VNRT for GBP and VDNR for USD. Does the currency make any difference?

park

I would suggest flying to Singapore and open an OCBC Securities broker account. Check out their website http://www.iocbc.com/ . They have 14 markets to choose from. Got access to Asia Pacific, US, Europe and Australia. Really comprehensive if you ask me.

What are the commissions like?



This post has been edited by wodenus: Nov 30 2014, 04:01 PM

I have a silly question, if we trade any foreign stock and our ringgit continue to depreciate then it is good or bad to us?

i think you can download from here
http://portal.iocbc.com/assets/pdf/ospl/Co...sionCharges.pdf

usd min per trade is 0.30% per trade , min usd $20

Wow more than 60 bux. min.. about Rm20K per counter if you want to get 0.30%?

This post has been edited by wodenus: Dec 7 2014, 07:06 PM

If MYR depreciate, our foreign stock holding in USD will worth more (assuming stock price is the same). If you want to buy more after the MYR depreciate, then it will be more expansive.

No need to open another current account. Just the usual direct trading acc is enough to trade global shares via m2u online stock / powerbroking2u

if you hold US shares then very good.. u gain on forex

i can offer 0.4% flat minimum usd25

1) i have USD cash; do u accept banking into CDS foreign acc pool?
becoz i dont like to use Maybank exchange rate.
2) I have stock at nominee CDS can you convert.transfer to mine Direct CDS. Both also maybank. Can do for FREE.

This post has been edited by felixmask: Dec 9 2014, 04:16 PM