Jan 9 2012, 06:43 PM
QUOTE(p4n6 @ Jan 9 2012, 05:30 PM)
I would like to know what's the online trading brokerage fee + stamping fee?
I purchase 2000 units of a share of RM 0.375 and MBB charges me RM779.23.
So I assume the brokerage fee + stamping charge is RM29.23 which is around 3.89%.
It's the same cost as calling my broker over the phone.
Please advise if you have the same problem.
You are buying too little volume, that is why you kena minimum charge.I purchase 2000 units of a share of RM 0.375 and MBB charges me RM779.23.
So I assume the brokerage fee + stamping charge is RM29.23 which is around 3.89%.
It's the same cost as calling my broker over the phone.
Please advise if you have the same problem.
For your case RM 0.23 is from clearing fees and RM 1 is stamp duty... which leaves RM 28 as your minimum charge.
Buy more or negotiate for lower minimum charge for a lower cost %. For more details look at Q&A thread for the exact calculations.
This post has been edited by gark: Jan 9 2012, 06:44 PM
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