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 Trading stock via maybank2u, let discuss

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terrence_my
post Sep 13 2017, 03:01 PM

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QUOTE(chiafoo @ Aug 25 2017, 06:05 PM)
Go Maybank ask for direct account with 0.1% brokerage fees . Thy will apply new CDS account for u , cant use b the old CDS becoz tie with ur OSK liao . Thn better transfer ur shares from OSK to maybank for rm10 per counter as i believe ur OSK brokerage fees is 0.42% after u transf to maybank , sell with maybank 0.1% fees and the charge is lesser thn u sell in OSK 0.42% .
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What is this account named? I check MBB website I got the H.O.T account:
http://www.maybank2u.com.my/mbb_info/m2u/p.../INV-Investment
is this the one 0.1% brokerage fee?

I am not sure but I think my current trading is through Remisier which I opened 3 years ago, so when I want to do trading I need to go M2U and do payment to "securities". So this is OSK account?

Btw, the 0.1% fee, what is the minumum charge? I read from i3investor it said RM8 minimum? means that if I trade less than RM 8000 then I will get charged RM8 per trx, right?

This post has been edited by terrence_my: Sep 13 2017, 03:39 PM
terrence_my
post Sep 13 2017, 04:25 PM

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QUOTE(chiafoo @ Sep 13 2017, 04:20 PM)
U forgot u open account with which broker?? Check ur CONTRACT STATEMENT / TAX INVOICE . I believe all broker have Cash upfront/ cash account which is 0.1% but if u dint ask then they will register Collateralised acc for u bcoz alot ppl prefer buy and hutang 1st and the charge is higher normally 0.42% .

0.1% or min RM8 if u buy under RM8k mean u kena RM8 lur , if u buy RM10 k mean charge with 0.1% . Not Maybank H.O.T Broking , it is not advertise in maybank website , if u check i3investor , it is stated there maybank cash acc . Juz go maybank branch ask for Cash Account . Maybank cash acc is direct acc which u can purchase ipo , some broker only provide nominee account for cash acc then u canot buy ipo .
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I need to find my contract statement tongue.gif, few years ago should be collecting dust in my documents folder.

So as what you mention few posts before, I still can change to Cash Account 0.1%? I need to go MBB branch (Or MIB?) and ask for it?

In my case, because my CDS is under MIB, possible to direct convert it into cash account?
terrence_my
post Sep 13 2017, 04:37 PM

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QUOTE(chiafoo @ Sep 13 2017, 04:32 PM)
MIB is Maybank Investment Bank? How come u forgot u register with which broker  rclxub.gif  u buy share u need transf $ to the broker , u transf $ to who u dunno  rclxub.gif . Yes u can ask them switch to cash acc for u if u using b the same broker , if u move to other broker ex from OSK to Kenanga then must register new CDS liao
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I did not forgot broker hahaha, i still have his contact. I can check with him about the cash account?
terrence_my
post Sep 13 2017, 04:54 PM

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QUOTE(chiafoo @ Sep 13 2017, 04:45 PM)
The broker i mean is the company , not the ppl , the ppl = remisier . U say ur CDS under maybank investment bank then ur broker shd be maybank liao . Izit u transf money to MIB ? Thn go maybank ask switch to cash acc , remisier properly ignore u liao coz he will not get commission from u after switch to cash acc
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ok i understood hahhaa, yes my CDS under MIB actually, which i made payment to MIB after i buying. Just I am not sure if MIB and MBB are treated same or different tongue.gif
So this case, I wont need new CDS right?

Thank you, then i should go MBB branch this week later smile.gif

This post has been edited by terrence_my: Sep 13 2017, 04:54 PM
terrence_my
post Sep 14 2017, 11:43 AM

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QUOTE(chiafoo @ Sep 13 2017, 05:01 PM)
Mostly no need to hv new CDS if remain the same broker . I done tat b4 with my Kenanga Collateralised acc convert to cash acc .
After u got ur maybank acc account , they will register a new saving account for u call premium1 . In maybank2u web u can c 2 acc , normal saving acc and premium1 acc , transf $ from saving to premium1 acc then can start trade liao .
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Thank you bro, I will go to MBB tomorrow to do so.


terrence_my
post Sep 15 2017, 01:55 PM

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QUOTE(chiafoo @ Sep 13 2017, 05:01 PM)
Mostly no need to hv new CDS if remain the same broker . I done tat b4 with my Kenanga Collateralised acc convert to cash acc .
After u got ur maybank acc account , they will register a new saving account for u call premium1 . In maybank2u web u can c 2 acc , normal saving acc and premium1 acc , transf $ from saving to premium1 acc then can start trade liao .
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So I went to MBB branch nearby me just now (Ampang Park), the information counter lady told me that I cannot do investment account related thing at their branch as the investment department is closed there. She asked me to go other branch. I am blurred now sad.gif should go KLCC maybe later
terrence_my
post Sep 15 2017, 05:25 PM

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QUOTE(chiafoo @ Sep 15 2017, 04:01 PM)
Mb tat MBB is a small branch . My place MBB ktn got a counter for investment1 , mb u call the branch and ask thm 1st b4 u go .
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I think they used to be big, now getting smaller hahaha

QUOTE(preducer @ Sep 15 2017, 04:10 PM)
I opened mine there few years back, now they have moved to hq
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yes the lady asked me to go HQ, which maybe next week I get some day off to go there sad.gif


 

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