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 investing in ASX, small caps

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Ramjade
post Apr 14 2017, 09:27 AM

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QUOTE(chaosamok @ Apr 14 2017, 09:19 AM)
Howdy,

I have been trading the ASX for a while and been doing pretty well on the small cap market. That is the stocks usually trading under $1.

I have now live in Malaysia and have several friends who want to trade ASX as well. How can they do this? I opened my account in Australia some years ago and it works for me. But if they can do this then surely there must be better options. I know Maybank does have access, but does it allow full trading in all companies or only their selected companies?

They don't want to go through a broker and buy broker recommended stocks as there is little flexibility in this method. It is much easier to do own research and trade when you need.

Would appreciate any advice from Malaysians who are already accessing the ASX.

Just for the record my average return on ASX is around 10 to 20% monthly over the past 6 years, so I am not a novice.

chaos-amok
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See here
https://forum.lowyat.net/topic/4140388

There's a topic regarind ASX counters
Ramjade
post Apr 14 2017, 10:21 AM

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QUOTE(chaosamok @ Apr 14 2017, 10:18 AM)
Thanks but that thread does not answer my specific question on opening an account from Malaysia with full ASX access
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You can do it like them. Open a SG broker and buy from there (the best would be Standard Chartered SG Online trading account at AUD10/transaction). Alternatively, you can use a pure Australian broker IG Australia

This post has been edited by Ramjade: Apr 14 2017, 10:22 AM
Ramjade
post Apr 14 2017, 10:56 AM

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QUOTE(chaosamok @ Apr 14 2017, 10:45 AM)
I think you are missing my point.

Going through a SG broker does not solve the question about access from Malaysia as it requires an intermediary step and having a broker in Australia does not allow the flexibility that a quick trader will need. I would appreciate a more solutions based approach rather than whats already posted. I am sure there are some people in malaysia already doing what my friends are seeking to do.
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You want a broker to trade in Australia right?
What makes you think Standard Chartered SG and IG cannot do quick trading? hmm.gif Maybe it's better you repost your question in that thread. That way, more people might be able to answer you.

Also, if you really want a broker which is able to trade look at Interactive Broker. In fact, the commission is more suited towards those who do active trading. If IB cannot meet your specification, I don't know what can. That's considered one of the best trading platforms.

This post has been edited by Ramjade: Apr 14 2017, 11:00 AM

 

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