I hope to have my first CDS account, any pointers on which one to choose? What criteria should I look at?
CDS account, Which is the best?
CDS account, Which is the best?
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Mar 15 2007, 01:55 PM, updated 18y ago
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#1
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Senior Member
2,884 posts Joined: Sep 2006 From: Mummy |
I hope to have my first CDS account, any pointers on which one to choose? What criteria should I look at?
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Mar 15 2007, 01:58 PM
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#2
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1,993 posts Joined: Apr 2006 From: Sien Ga Lin |
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Mar 15 2007, 02:16 PM
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#3
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2,884 posts Joined: Sep 2006 From: Mummy |
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Mar 15 2007, 03:02 PM
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#4
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325 posts Joined: Dec 2005 |
CDS account is with Bursa and only Bursa; basically holds all your shares. You can trade with any broker but at the end of the day, the CDS account is maintained by Bursa and each month they will send you statements; not unlike a bank statement but this time its shares flowing in and out rather than money.
Added on March 15, 2007, 3:04 pmCan only have one CDS account with each Broker for individuals; unless you also have a nominee account then can be more. This post has been edited by [PIMPIN]: Mar 15 2007, 03:04 PM |
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Mar 15 2007, 03:51 PM
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#5
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2,884 posts Joined: Sep 2006 From: Mummy |
HWANG-DBS INVESTMENT BANK BERHAD
(Formerly known as HWANG-DBS SECURITIES BHD) Shah Alam Branch 16th, 18th-20th Floor, Plaza Masalam 2 Jalan Tengku Ampuan Zabedah E9/E Section 9 40100 Shah Alam Most probably will open one acc. with them. Reason being, its nearest to me. Will still need advice on the right way to choose where to open a CDS acc. |
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Mar 15 2007, 06:32 PM
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#6
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3,777 posts Joined: Jun 2005 |
IC good or not?
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Mar 15 2007, 07:34 PM
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#7
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1,349 posts Joined: Jan 2005 |
broker is jz to handle ur application, as long as he do his job, no good or bad.
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Mar 15 2007, 10:59 PM
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#8
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2,884 posts Joined: Sep 2006 From: Mummy |
Then should I look at the fees?
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Mar 16 2007, 03:07 PM
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#9
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Junior Member
325 posts Joined: Dec 2005 |
Commission for online trading are nearly same across the board; or at most very marginal difference.
Go for the top brokers; pick whom you are comfortable dealing with. In terms of service etc. Also, which is most convenient for you. We're not aware of your circumstances so our respective choices are based on who we think is best. Estremely subjective. |
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Mar 19 2007, 09:37 AM
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1,349 posts Joined: Jan 2005 |
u shd look at the service. the rm 10 u pay is not for the remiser.
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Mar 28 2007, 02:47 PM
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90 posts Joined: Jun 2006 From: Land Below the Wind |
How long would the process take from open an account (CDS account) until the active the account?
OSK good? |
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Mar 28 2007, 03:20 PM
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4,889 posts Joined: Aug 2005 |
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Mar 29 2007, 11:02 AM
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2,144 posts Joined: Oct 2005 |
I'm thinking of opening an account with CIMB. Any itrade user here ? You like the platform ?
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Apr 4 2007, 05:43 PM
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84 posts Joined: Feb 2007 |
Question:
There is a OSK investment bank near my place. I just have to walk in and open an account right? Thinking of doing it tomorrow. |
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Apr 4 2007, 05:53 PM
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350 posts Joined: Jan 2003 From: Wherever I May Roam |
QUOTE(billycomeback @ Apr 4 2007, 05:43 PM) Question: yeah, just walk in, i did that last two weeks in SS2 OSK. just ask person there u need to open acc, fill up form, the person will explain things u need to know, and pay RM10.There is a OSK investment bank near my place. I just have to walk in and open an account right? Thinking of doing it tomorrow. |
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Apr 4 2007, 06:18 PM
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84 posts Joined: Feb 2007 |
QUOTE(gelap @ Apr 4 2007, 05:53 PM) yeah, just walk in, i did that last two weeks in SS2 OSK. just ask person there u need to open acc, fill up form, the person will explain things u need to know, and pay RM10. Thanks for the reply, anything special I need to bring like savings accounts books or last paycheck blah blah ? |
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