Thanks for the feedback. I'll make it a point to check for their commission / fees during my lunch hour.

Well, this is my first experience with foreign exchange & maybe there was some hiccups during my registration or what not. I'll try to call my broker & see if he can offer a reasonable explanation for what I'm experiencing. If it's not convincing then yea, time to have a thought about switching.

I am using this for a while.
initially i could not even log in!
but now its fast, user friendly and can buy-sell easily.
except the brokerage is dead high, at a total of almost 1% 2 ways. Platform wise it is ok.

Holy cow.... sure indeed more pain for Bursa.. the locals players are running for the exit door.

Just received a call from HLeBroking agent to explain my predicament. Apparently the share that I queued (an ETF called DWTI) for is some kind of "archive share" & they'll have to engage with their platform partner to add it in.

'archieve share'? new to me. maybe they dont have such a complete portfolio for trading? strange!
i have no probs in using the platform atm.
but the brokerage is dead high!!!

ETFs? from ARCA exchange?
yeah - HLeB has to call over to IRIS partner to add. pain experienced before.

other than that, ok lar generally pain-free other than cost if U use it as a trading platform (instead of retirement accumulation / investment platform)

haha, today our local chinese newspapers saying that Msia is no longer a net oil export nation as most production is mainly for local production. and, imports exceeds export now. also, the export grade is v high and for high level industrial usage such as air liners and bio tech biz. these people are so optimistic !!!

When you mention dead high, do you refer to the brokerage fees?

Now that you mention it, you're most probably right. I just noticed the term ARC in the exchange column.

Are you saying that each time I want to trade counters involved with ARCA exchange, I'll be encountering similar problem again? Oh my.

Yea, the cost involved is quite high. What platform do you usually trade on apart from HLeB?

This post has been edited by talexeh: Jan 7 2015, 11:44 AM

[quote=talexeh,Jan 7 2015, 11:33 AM]
When you mention dead high, do you refer to the brokerage fees?

yes, the brokerage fees ++ amounted to 1% 2 way.ess i buy for longer term and not for trading as T3 is too short to make over 1% (if i am lucky enough to make)

if net importer, we will be benefiting, not losing!


about oil grade.... to my knowledge, m'sian crude is light, better to export to countries where the refineries are designed to take it. our refineries here are mostly built to refine heavy crude (sulphur mainly). the economics of the refinery infra work out such that it is better to export the light, import the heavy.

airlines... aviation fuel is basically kerosene, nothing exotic.

This post has been edited by AVFAN: Jan 7 2015, 01:15 PM

OptionsXpress for trading though i may need to lower my capital usage until i can verify properly a fellow forumer's posting on "Death/Estate taxes on US assets by aliens" - anything above USD60K may be taxed 45%+/-. IRS via email was no help. OX.. er.. no help either.

Looking for US Death/Estate tax experts in Malaysia is a pain for such a small ciku like me
Anyone can clarify?

Was planning to do investing in ETFs via OX as well due to the pains of ARCA via HLeB.
Yes - EVERY DANG NEW ARCA - call in first (that was what i was told).

My third option - waiting for a response from my Financial Planner - she said Kenanga or something has systems to ARCA online platform.

ah... this arca thingy...

was told by cimb that they had to do the same thing before but starting early last year, it was incorporated into main itrade platform. so now, can just buy n sell like any other. no pain!

and yes, agree the cost of trading is too high, can't do. investment, ok.

This post has been edited by AVFAN: Jan 7 2015, 01:29 PM

What do you use or suggest for trading purpose? Foreign online platform? Any recommendation in particular?

Not sure how but I somehow missed your post.

If you don't mind, do share me any news that you have on your end on Kenanga. Currently contemplating moving out to TradeMonster if things are so complicated locally.

no immediate plans.

but reading here, i think gotta open offshore bank and broker acc for to get much lower rates.

i asked some questions here:
https://forum.lowyat.net/topic/3396549/+60

hope others can help you.

this is a crucial moment, will be on the prowl for USO & XLE tonight fingers crossed.

nice! counting on it!

well... seeing asia except msia n oz recover today n europe now shrugging off the oil fears, that's good news.

markets are searching for a bottom, so if this is it, the skies r clearing up. may take some months, though....

-Holds zero interests in this lair

This post has been edited by Brother J: Jul 14 2015, 01:54 AM

That "US Death/Estate" is only IF and WHEN you die, your beneficiary who inherits your capital gains, will have to pay those taxes.

Waah.. DWTI is 3x leverage BEAR share of Oil.

It's ETN... not ETF - be careful

This post has been edited by danmooncake: Jan 7 2015, 10:05 PM