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 Trading stock via maybank2u, let discuss

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kmarc
post Jan 13 2010, 10:46 PM

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QUOTE(ahming888 @ Jan 13 2010, 09:51 PM)
i open a Maybank online stock Cash account, just because it is 0.1% brokerage rate.  Today receive the contract note(buy) and find out that brokerage rate still 0.42% for my recent transaction. Is it anything wrong? Or because i sell the share before payment done?
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You will get the rebate on the 10th of every month in the form of "Online stock incentive". wink.gif
winsun
post Jan 13 2010, 10:46 PM

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QUOTE(ahming888 @ Jan 13 2010, 10:40 PM)
Thanks for the reply.  notworthy.gif

Then i wait for my SELL contract note with the rebate. Will see how is it going on..
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rebate quite troublesome, try ecmmoney or Jupiter 0.05% promotion rate

I am using them
ahming888
post Jan 14 2010, 09:49 AM

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QUOTE(kmarc @ Jan 13 2010, 10:46 PM)
You will get the rebate on the 10th of every month in the form of "Online stock incentive". wink.gif
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Ops.. Rebate in this way... Thanks for the info.. notworthy.gif
options
post Jan 14 2010, 11:45 AM

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Anyone has problem logging to Maybank2u online trading? I just tried and was told system busy, can't get in.
sjz
post Jan 15 2010, 12:59 PM

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they always have this kind of problem and slow in sending your order, i still have an account with them although i already switch to a new stock broker because my share purchased is under Nominees account, troublesome to transfer.
thenightcrusader
post Jan 15 2010, 02:32 PM

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M2U service is rather slow huh. Anyone else has a good broker to recommend me? i wanna start my stock investments soon. Thanks a lot for all yr help
protonw
post Jan 15 2010, 10:33 PM

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QUOTE(sjz @ Jan 15 2010, 12:59 PM)
they always have this kind of problem and slow in sending your order, i still have an account with them although i already switch to a new stock broker because my share purchased is under Nominees account, troublesome to transfer.
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I dont think there is much of troublesome. Just fill in a form, (I e-mail the counter I want to transfer) and the shares will be in the CDS account you want one day more than the normal cds to cds. Maybank will charge you rm20 for each counter. vmad.gif

Everything seem to be paid extra.... dividend cheque charge rm2.50, share transfer charged rm20... vmad.gif share transferin/out takes one day extra.... bonus/rights/dividend payment will appear in our account one day later. mad.gif

This post has been edited by protonw: Jan 15 2010, 10:34 PM
mopster
post Jan 16 2010, 12:34 AM

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QUOTE(protonw @ Jan 15 2010, 10:33 PM)
I dont think there is much of troublesome.  Just fill in a form, (I e-mail the counter I want to transfer) and the shares will be in the CDS account you want one day more than the normal cds to cds.  Maybank will charge you rm20 for each counter.  vmad.gif

Everything seem to be paid extra.... dividend cheque charge rm2.50, share transfer charged rm20... vmad.gif share transferin/out takes one day extra.... bonus/rights/dividend payment will appear in our account one day later. mad.gif
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wow... blink.gif all the extra charges in exchange for less brokerage fees??
hahah i rather pay more brokerage fees and get remisier consultation.... tongue.gif

This post has been edited by mopster: Jan 16 2010, 12:35 AM
sjz
post Jan 16 2010, 12:19 PM

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actually i think most online stock investing transaction did not gone thru remisier so there's basically no remisier anymore, at least for the cheap online fees.
if going thru remisier, minimum fees would be RM40 if i'm not mistaken..
even Maybank's remisier isn't remisier after all, they are Maybank's employee hired to handle account opening/closing issue, customer service, etc. or perhaps advice you on stock..

This post has been edited by sjz: Jan 16 2010, 12:21 PM
amco
post Jan 19 2010, 04:20 PM

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malaibank2u doesnt works. cant trade cry.gif
audi8
post Jan 20 2010, 10:29 PM

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QUOTE(amco @ Jan 19 2010, 05:20 PM)
malaibank2u doesnt works. cant trade  cry.gif
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try www.ecmmoney.com, it is quite reliable and offer low brokerage fee 0.05%

john123x
post Jan 21 2010, 10:02 AM

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i havent trade for quite a while, bout 6 month. so whats the current brokerage for maybank2u ?

still 0.42% min rm40?


kmarc
post Jan 21 2010, 04:41 PM

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QUOTE(john123x @ Jan 21 2010, 10:02 AM)
i havent trade for quite a while, bout 6 month. so whats the current brokerage for maybank2u ?

still 0.42% min rm40?
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It is still the same as Maybank extended the "online stock incentive" rebates until March 2010 (if I'm not mistaken, heard it from another forumer).
mmusang
post Jan 21 2010, 04:57 PM

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maybank will take 1.25% of ur dividen. i think ecmmoney also taking ur dividen, but not hlb
protonw
post Jan 21 2010, 05:00 PM

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QUOTE(mmusang @ Jan 21 2010, 04:57 PM)
maybank will take 1.25% of ur dividen. i think ecmmoney also taking ur dividen, but not hlb
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What dividend? Should be rm2.50 flat for each dividend credited to your account. Are we on same subject? Sorry if I got the wrong message.


Added on January 21, 2010, 5:01 pm
QUOTE(kmarc @ Jan 21 2010, 04:41 PM)
It is still the same as Maybank extended the "online stock incentive" rebates until March 2010 (if I'm not mistaken, heard it from another forumer).
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provided he is using cash account. brokerage 0.01% with min rm8.

This post has been edited by protonw: Jan 21 2010, 05:01 PM
kmarc
post Jan 21 2010, 05:25 PM

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QUOTE(protonw @ Jan 21 2010, 05:00 PM)

provided he is using cash account.  brokerage 0.01% with min rm8.
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Oh ya, forgot about that.
mmusang
post Jan 21 2010, 05:33 PM

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QUOTE(protonw @ Jan 21 2010, 05:00 PM)
What dividend?  Should be rm2.50 flat for each dividend credited to your account. Are we on same subject? Sorry if I got the wrong message.
yeah, u probably right
john123x
post Jan 21 2010, 07:59 PM

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QUOTE(protonw @ Jan 21 2010, 05:00 PM)
What dividend?  Should be rm2.50 flat for each dividend credited to your account. Are we on same subject? Sorry if I got the wrong message.


Added on January 21, 2010, 5:01 pm

provided he is using cash account.  brokerage 0.01% with min rm8.
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min rm8, wow real cheap. thx for the info. too bad its promotional only
sjz
post Jan 21 2010, 11:55 PM

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if not normal rate RM12 but the bad thing is they will still charge you RM12 and only refund the RM4 once in a month in the form of incentive...
audi8
post Jan 24 2010, 01:23 PM

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QUOTE(mmusang @ Jan 21 2010, 05:57 PM)
maybank will take 1.25% of ur dividen. i think ecmmoney also taking ur dividen, but not hlb
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ecmmoney can have direct cds, no worries on dividend

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