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Trading stock via maybank2u, let discuss
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zeroherowarrior
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 Apr 12 2017, 03:21 PM
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New Member
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Hi. A newbie here who is interested in stock trading with M2u. Like all the advise I received, no point of talking about trading stock if you have yet to open a CDS acc. So I am planning to open a CDS account with Maybank and I have few question to ask before doing so.
1. Will it be possible to open a direct CDS account with maybank or normally the relationship manager will just open a nominee acc for you? Cos doing some reading and research, it seems the bank/broker will just decide for you without you knowing. Any tips? I'm planning to open a direct account without any financing so I can trade only using my money I have.
2. Does opening CDS account must come with opening a trading acccount? How is it differ and the function?
3. How simple it is to open it let's say Im going to the MIB in Bangsar (walk-in), do I tell them to open CDS account and they will get a remisier / rep to attend to me the whole process?
Any other tips I should know or advise, please?
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zeroherowarrior
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Apr 13 2017, 04:34 PM
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New Member
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QUOTE(zeroherowarrior @ Apr 12 2017, 03:21 PM) Hi. A newbie here who is interested in stock trading with M2u. Like all the advise I received, no point of talking about trading stock if you have yet to open a CDS acc. So I am planning to open a CDS account with Maybank and I have few question to ask before doing so. 1. Will it be possible to open a direct CDS account with maybank or normally the relationship manager will just open a nominee acc for you? Cos doing some reading and research, it seems the bank/broker will just decide for you without you knowing. Any tips? I'm planning to open a direct account without any financing so I can trade only using my money I have. 2. Does opening CDS account must come with opening a trading acccount? How is it differ and the function? 3. How simple it is to open it let's say Im going to the MIB in Bangsar (walk-in), do I tell them to open CDS account and they will get a remisier / rep to attend to me the whole process? Any other tips I should know or advise, please? Anybody? 😔 |
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zeroherowarrior
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Apr 19 2017, 01:31 PM
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New Member
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QUOTE(felixmask @ Apr 18 2017, 04:59 PM) 1)You must go to correct branch. Safe site go to bangsar HQ. 2) CDS is trading account. Is transparent from investor in the system. Bursa recognize using 1 common I'd is CDS number. While inside Investment bank they also hv trading account to given in their own system. Don't confuse, juz used CDS account. Im not in Investment bank but I work in IT. 3) yes. Bring your pay slip, epf, ic. They get someone to assist you. Thanks @felixmask for highlighting. Does this mean that the bank (in this case MIB) will open 2 account for me, one is CDS and another is the bank trading account? |
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zeroherowarrior
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Apr 19 2017, 03:15 PM
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New Member
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QUOTE(felixmask @ Apr 19 2017, 02:03 PM) Not 2 account. But inside system we hv 2 key. One is CDS account another is trading account. Okay. Got it. Thanks a lot for replying. |
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