Sorry, newbie here.
I just curious how we can buy share from London stock exchange from malaysia? I means legally.
And I am aiming one of the share, eg: the share price of the companty is 90GBP.
I assume minimum to buy is 100 units, so 90GBP x 100 unit x RM6 (exchange rate) = RM54,000 ?

You'll need to open foreign trading account from your existing brokerage.

I'm not aware of any illegal way to procure stocks from the market.

No, you'll still need to take into account the brokerage / commission fees which will be pretty excessive if you're using the local brokerages.

As what talexeh said.
Don't forget that local brokers will take a bite out of your dividend.
Best choice, open an account with a local London broker. That way, you only need to fund your account via bank TT. Cheaper commission and no one will take a bite out of your dividend.
Just submit application via mail/email. Make sure to have everything. If they want documents to be verified by commisioner of oath, do it.

Minimum trading size is 100 unit? or can be 1 unit?

IINM, it's the latter; minimum 1 unit.

how much can make permonth ??

Depends whether you are trader or income investor. Trader can easily gain 30% within few months. Income investor, not as much but you are assured of free money coming in every few months. Also depending on which market and how much capital you have.

Some people I know easily make 10% p.a from dividends. We haven't even factor in capital gains.

This post has been edited by Ramjade: May 16 2017, 12:48 PM

ok .. how much capital need for permonth 50 k ??

Depends la. If you can get 8% pa (dividends) not including capital gain, you will need RM/USD/GBP/HKD/SGD7.5m depending on which currency you want.

(50k x 12)/0.08 = 600k/0.08 = 7.5m

ok mate

Noob here, trying to start
Considering London stock exchange too

What local broker would allow me to buy UK domiciled shares from Msia? Why would the local broker "take a bite" out of my dividend?

Also, a semi-unrelated question: if I have foreign currency e.g. GBP or USD, can I bring the currency to a bank (say Maybank) and have them open a foreign currency account without converting to MYR at any time in the process? My dilemma now is that I have foreign currency which I want to deploy on the stock market, but do not want to go through MYR conversion.

That you need to ask your broker do you support LSE? If yes what are the charges? Will there be extra "dividend fees"(broker will take x amount of your dvidend as fees). Why take a bite out from your dividend? Simple.
1) Broker are not charity organisation where they do it for you for free. If they can earn exrra money by not doing anything why not (eg collecting x amount of your dividend every 2-4x a year. They don't need to do anything and charge you dividend fees because you use their platform to buy LSE)
2) More admin work for them so of course need to charge more for it.

Hahaha... You wish. Malaysian banks won't accept foreign currency notes. You want to open foreign currency account, well you need to use RM (RM > Foreign currency). Of course some countries accept foreign currency notes but they charge you a certain % to deposit and withdraw in foreign currency notes.

Thanks

Are there any trading apps in Malaysia which allows purchase of UK shares?

Thank you