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This post has been edited by lipkhin: Dec 1 2010, 02:42 AM

sorry noob here .... wanna ask.. wat is Trading Account ?

LOL..

hey thanks ya...

Osk also can do E trading?

zoomfinance..

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This post has been edited by lipkhin: Dec 1 2010, 02:43 AM

is it by registering with the banks include of the CDS account?

Do I need to specify a remisier name? What if I don't have a remisier? Thanks in advance.

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This post has been edited by lipkhin: Dec 1 2010, 02:43 AM

how old can i aply a trading account?

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This post has been edited by lipkhin: Dec 1 2010, 02:43 AM

whao.... u got earn any oledy ?

lipkhin,

Do you try all these online trading account? Which is most user friendly?

they will assign 1 to you if you don't have 1

how old are you?



i think OSK quite user friendly but CIMB does offer more data IMO

I hope I'm not hijacking this thread. But I'd like to share.

Have you guys ever think about how you can trade in New York Stock Exchange ? You can buy stocks like Google, Micorsoft, Dell etc.
Good news ... it is possible for Malaysian.

Goto
1) www.firstrade.com - Register there for free (as a non-resident alien)
2) They will ask you to provide
- Signed Online Service Agreement (they'll give you this)
- Signed tax exemption form (because you are not American)
- A copy of Malaysian passport.

Print, sign, scan and emel those documents to the website.

Voila. You are now one of the investors in US.

Charges : FREE.

Personally speaking, I prefer to invest in NYSE companies because
1) Their financial statements are easily found, just Google .
2) Stock analysis is available from many online sources.
3) Much more liberal market.
4) You can buy zero-load (yes 0% loading fee) mutual funds backed by famous fund managers like Vanguard (google Peter Lynch to know who he is).
5) Online real-time trading tools are widely available. Trade great stocks from the comfort of your house.

Have fun. Any question just ask.

This post has been edited by luqmanz: Nov 21 2006, 10:25 PM

1. How does the process work?
E.g. Money transaction, Capital Earnings and Dividend Earnings

2. Is there a limit to how much a person can buy, sell and earn?

3. What are the risks?
E.g. Time Delay (To get cheque would be around 1 mth)?

Not sure if you are asking these question to me but I'm talkative so ..

1) You wire tranfer your money directly into your broker account.
You can instruct the broker to wire transfer the money back to you.

2) No limit on purchases/sales.

3) Risks ... wire transfer takes around 3-5 working days to send/receive.
Only risk I can think of is you buying the wrong stocks and lose money.

This post has been edited by luqmanz: Nov 23 2006, 11:17 AM

hi luqmanz,
what's the minimum unit you need to purchase, eg, m'sia 1 lot is 100 units of share.

what's the TT charges incur per transaction, ie interbank charges?

how long have you been trading US stocks?

If I am not mistaken, you can buy 1 share in US. The US Stock market is far mroe flexible than the local one. But even that, most stock in US especially the blue chips ones DONT COME CHEAP.

You can buy 1 unit if you like. But it's not smart because broker commision is 6.95 dollar per purchase.
They dont charge commision based on percentage.

TT charge M'sia -> US RM 25 (Maybank)
US -> M'sia USD 25 I think

I just started this year.

Actually TT is quite fast. Usually less than 3 days. If you use cash to TT it'll be about 1 day only. The TT charges for Maybank is RM25.