wanted to know this too

Hi guys!

I've been using Maybank trade since 2017 but now I wanted to switch to a different brokerage account with lower fee. I've shortlisted both Rakuten and M+. Rakuten minimum fee is RM9 and M+ is RM8.

Can you guys suggest which platform is good? With good customer support and good mobile apps (interactive charts and news)?

Currently Rakuten got promo with HelloGold, makes me want to open the account there. But with RM1 higher fee.

I thought Maybank also now offer lower brokerage for online cash upfront trades? Maybe u check with them n change your account?

Between Rakuten and M+. For cash upfront: Go M+ for lower brokerage and direct CDS. Rakuten the only advantage are online KYC and pretty fast FPX payment. The rewards are just fluff to me.

Well Rakuten also does not charge fees on corporate actions, I suppose that is a plus?

If u use direct CDS also no fees. Rakuten is nominee structure but they waive the normal fees. So it's not a plus, just less negative.

Hmmm but as I understand if there is corporate actions, Rakuten will handle rather than you having to handle the work (i.e. dividend reinvestment)? Or maybe Im missing something...

hi, planning to invest in stocks. can I know what's is best buy and best sell? can't understand what I found online.

The past 2 years had been bearish also.

Best buy is the highest price level that someone puts in to buy the stock, that hasn't been matched.

Best sell is the lowest price someone puts in to sell the stock, that hasn't been matched.

So, if you want buy the stock, you can put the order at the best sell and it will get matched. Trade done.

Or, you can put buy order at lower price. Here, no trade is done yet, you wait for someone to hit you/sell to you. N If your buy order is the highest price, then it will become the best buy price. N you wait.

thanks bro for the simple and easy to understand explanation.

just wanna ask, for e-ipo applications, if successful what are the charges involved?

stamp fees?
clearing fees?
platform fees?

Forex gambling/trades consider part of investors interest?

No stamp and clearing fee for the IPO. Only applicable when you sell. Platform fee should be, minimal. I think Maybank charges RM1.

cool thanks for the info. it goes directly into cds right? so don't have to pay brokerage fee?

Yes correct. Brokerage only when u sell.

I turn on my computer today, look at my portfolio and KLSE and feel

My Airasia and even Globetronics

Didn/t do anything, and turn off my computer

ur airasia u need watch out ya

Personally, I find that a beer helps

You might have to keep an eye on AA. The 2 exec relinquish their positions.

overseas markets rebound really fast .....
one day down, the next day straight up.

This post has been edited by moosset: Feb 4 2020, 06:00 PM