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 [WTA]Open Share account with another broker

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TSmostwanted82
post Dec 12 2018, 09:44 AM, updated 6y ago

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Hi guys,

Appreciate if anyone can provide me some info.

I already got a CDS account under my name that opened together with OSK.

My question can I open another Share trading account with other broker example Maybank? What is the process? Do I need another CDS?

cherroy
post Dec 12 2018, 10:04 AM

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From: Penang


QUOTE(mostwanted82 @ Dec 12 2018, 09:44 AM)
Hi guys,

Appreciate if anyone can provide me some info.

I already got a CDS account under my name that opened together with OSK.

My question can I open another Share trading account with other broker example Maybank? What is the process? Do I need another CDS?
*
CDS is attached wtih individual broking firm, it doesn't cross linked.

So you need to open a new CDS and trading account with another broking house, unless you are opening nominee trading account, which doesn't require a CDS.

TSmostwanted82
post Dec 12 2018, 10:40 AM

On my way
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Senior Member
598 posts

Joined: Apr 2011
QUOTE(cherroy @ Dec 12 2018, 10:04 AM)
CDS is attached wtih individual broking firm, it doesn't cross linked.

So you need to open a new CDS and trading account with another broking house, unless you are opening nominee trading account, which doesn't require a CDS.
*
Alright, thanks for reply. Would you recommend any broker?
cherroy
post Dec 12 2018, 10:59 AM

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QUOTE(mostwanted82 @ Dec 12 2018, 10:40 AM)
Alright, thanks for reply. Would you recommend any broker?
*
No in position to recommend any.

But basically, nowadays the are more and less the same across, the difference may actually come from the remisier/person that servicing you.

Get one that always helpful and always respond promptly is recommended.


 

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