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 Trading stock via maybank2u, let discuss

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sjz
post May 20 2009, 09:14 PM

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anyone can explain some about maybankinvest to me here? tongue.gif
because i am using a cash account.
so just now at around 1pm i make a order of 50 units of shares at a certain price which is lower than the market price at the moment.
(they send the order at 2pm)
after an hour, at 3pm, it shows 'all matched', so i should had bought the shares right?
but the weird thing is the balance in my premium-i account haven't been deducted.
so will it be deducted tomorrow or?
or i still didn't get the share?

This post has been edited by sjz: May 20 2009, 09:17 PM
sjz
post May 20 2009, 09:21 PM

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haha...oh i see.
so the funds will only be deducted within 3 working days la?
i am using cash account so can't play contra la.. smile.gif
quite dangerous la for the contra thing.. tongue.gif
sjz
post Aug 7 2009, 06:56 PM

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if you want to trade online stock, DON'T USE MAYBANK!
their server and website simply sucks.
Why?
(1)when you type ost.maybank2u.com.my which is the direct link to the online stock, after you type in your user name and password, often you will be redirected back to www.maybank2u.com.my and you need to login again there.
what for? pretty stupid i guess.
(2)some more their server is very sluggish when sending order, you can try yourself, my experience is btw. Maybank and Jupiter.
Maybank only sent my order to BMSB (appear in the Q) after at least 30 secs or upto 45 secs after i place my order while Jupiter sent my order to BMSB almost immediately or within 5 secs.
(3)you can only check your account balance once in a bluemoon, because most of the time you will get server busy problem but they already improve this features nowadays, i get higher chance of success when attempting to check my balance.
(4)the Portfolio for Maybank isn't that good compared to its competitor, you only can view how much share you own but you can't view how much you earn or lose.
(5)Maybank Invest appeared that they charge 0.1% or min RM8 for cash account but they charge RM12 or 0.42% first and only refund the difference every 10th of each month, what for???
(6)the most weird thing about Maybank invest is that they don't have a central customer service hotline which you can refer to when you encounter any problems, i tried called to 1300-88-6688, they ask me to call some 03 number but end up they tell me they don't have central customer service and they can't check my account details, i need to REFER TO MY OWN BRANCH REMISIER if any problem arose.
doesn't it sound weird?
(7)there is a great chance that they will having schedule maintenance during weekend (after friday market close until sunday midnight), today luckily didn't have this stupid maintenance.

This post has been edited by sjz: Aug 7 2009, 06:59 PM
sjz
post Aug 20 2009, 05:34 PM

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QUOTE(dilla @ Aug 20 2009, 03:52 PM)
Do all of u using M2U online stock experienced intermitent disconnection lately...real bad...may be need to switch bank...any reocmendation...
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Jupiter not bad.
the response is very fast (after you enter an order, bursa receive your order almost immediately while maybank needs at least 30 secs to do so
sjz
post Sep 10 2009, 08:09 PM

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QUOTE(Brotherjoe @ Aug 29 2009, 05:21 PM)
Does anyone here enjoying Maybank2u recent upgraded features/capabillity? Like "auto lost connection", "long waiting responds" and "auto logout" during trading hours.
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i kinda 'like' their latest update. mad.gif
i can't log in to my account directly using ost.maybank2u.com.my but need to do the step by step job from maybank2u.com.my.
during halfway of reading a research, don't know how they detect that i had logged out and i need to log in again to view the research, else the research windows will show maybank2u home page
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.
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
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...

 

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