Comm is not expensive if you trade there?

TD don't accept Malaysian accounts any more

Oh well someone posted an email from TD saying they don't accept Malaysian accounts any more.

Ha the both of you should start a closed fund lol

No law, just that loads are a preferred way to charge commission here, because it can be amortized over time. Fund brokers in other countries charge a monthly or yearly subscription, or a platform fee, or minimum balance fee or something like that.

Just because there's no load doesn't mean there's no charge. And yes, the economies of scale that they have make it cheaper for them to charge less

This post has been edited by wodenus: Dec 12 2016, 07:59 AM

Your choices :

1) Eunittrust - sometimes has 0% service charge promotions. Platform is 100% automated, be very careful because the system will let you do some things you shouldn't be able to do, and even show you a confirmation screen, but nothing will happen also server errors once in a while. Consider this a discount broker, cheap and simple, no-frills platform, but you have to already know what you can do and what you can't, because the system will not protect you from yourself

2) FSM - professional, very stable platform. live help available. A little more expensive than Eunittrust (promotions are limited, and usually only discount 1% or so.) They have the best platform though, and the most up-to-date info.

3) Public Mutual - Service charge is high, performance is so-so. Transactions are faster than most because they run their own funds, so they already know what the prices are the morning it comes out.

4) Banks - banks have advisors who can advise you, and whom you can yell at if anything goes wrong Mostly they give good advice if you need it. Service charge about the same as Public Mutual.

So basically (1) is cheap, (2) is professional, (3) is fast, (4) has good advisors (most times.)

Depends on what you are looking for in a broker

This post has been edited by wodenus: Dec 19 2016, 04:32 AM