Sure got commission, if not investment bank and remiser still has to eat mah.

Normal rate of commission is about 0.6% (may vary) and most investment bank generally give some discount on online trading to promote it which until now I knew is 0.42% the lowest.

Basically, you key in the price and unit wish to trade and the order will route to the investment bank server or broker/remisier front then they verify it and re-route to KLSE.
Until now as far as I knew, there is no direct order that can send into KLSE trading system, all need to go through investment bank server front to prevent retailers wrongly key-in order.
So there is a bit delay in sending the order but if the investment bank server is good and remisier is doing ther job properly, the delay in minimal only a few seconds.

No one answer my question until now , free watch trading portal? Got any? KLSE and Star biz is a bit late ..

P/s: Using Affin .. free but hard to connect . .

You can try the CIMB stock game. Can see real time KLSE watch, maybe got few minute delay, not sure. Anyway, it's the best so far I found and it's free.

www.itradecimb.com

just called my remiser. normal brokerage fee is 0.60% and they are giving 30% rebate for online trading. so which is 0.42%.


i'm using osk-uob online trading

minimum borkerage fee is RM12, is that right...even for online trading?

yes, i would assume so. i suscribe to OSK online trading and my statement states a brokerage fee of RM12 for a RM1.3K transaction.

how bout rhb invest? anybody heard of it before?

osk is the best

and i am using maybank due to a maybank SIC near my location.

sorry, never heard of rhb invest before. and as far as i know, osk is the best. there was a maybank near my house but their online service is not to my liking.

doing online trading shouldn't be much hassle regardless which portal you subscribe to because for me, i do everything online. from trading stocks, getting paid and transferring money to 3rd party accounts.

@ivmaniacvi

Are you sure OSK has rebate?

I have tried OSK, Maybank and HongLeong (Hlebroking).

Maybank and HongLeong uses the same software. But Maybank data kind of diminishing. When you try to draw day charts on Maybank, most parts are 'gone'. You can't check your account status at night, it is only available after 2am. For HLeBorking, you can check yoru status anytime.

Please note that there is a BIG problem with OSK (I am not sure if it is different now)

When you enter trades via Maybank and HLeBroking, your trades are routed to the center with a bunch of 'monkeys' that accept your order. This extra work is a bit useless, which means your order need to be 'accepted' by a human at the trading center. But there are lots of reminsiers there to do that. So it takes less than 5 seconds for you.

But for OSK it is different story. Although it says you trade Online, your order is routed back to the reminsier (your reminsier) and he need to 'accept' your order before it is activated. So if your reminsier is in toilet, your trade will not go in until he finish his 'work'.

I hate maybank2u too. But there is a great benefit that no one can challeges.

Maybank2u offer incredible margin rates!

* 50k-100k
o Y1 BLR - 1.75%, Y2 BLR + 0%
* 100k - 500k
o Y1 BLR - 1.75%, Y2 BLR - 0.5%
* 500k+
o Y1 BLR - 2.00%, Y2 BLR - 1.75%

yes, i am very sure. it is stated in my statement - brokerage rate : 0.70% x 0.7 (which is 0.49%)

i'm a newbie in stock trading, i don't go for margin financing. and in malaysia, you can't send your order directly to KLSE, it must go through your remiser. some of them, if they go out for awhile, they will have a colleague to take over their spot for a while (such in my case). if i am not mistaken, osk is the largest or 2nd largest trading company in malaysia.

This post has been edited by 1stLaksamana: Jul 6 2007, 12:16 PM

for me, i think osk's online trading is the best. Click HERE to go to the website. there, they explain almost everything. time to do your homework

if you fulfilled the eligibility to trade stocks, then the first step is to have RM10 to open a CDS account, go to their ampang park office and open the account (fastest way). on how to trade, there are many information on the screen that will take a LONG explanation here. suggest take a look at the trading screen first, then ask anyone (i asked my remiser like a noob) what you do not know. hope this reply helps

ok thanks for the link

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Added on July 6, 2007, 10:16 pmok i saw the site, for "username", can i use other names, not my real name?

This post has been edited by bluegreen: Jul 6 2007, 10:16 PM

wanna sak... which one got offer intraday chart??

for "username", can i use other names, not my real name?


yes you may

Yup, if the remiser can't do a near 'real' time for you, better change one, nowadays not like 90's there are plenty of remisers in the investment house thare are sitting idle at their front of computer even with current market bullishness.

They can't allow retailers order being directly route to the KLSE system since a simple mistake might mean a lot of $$.
If the remiser wrongly key in orders then the remiser needs to bare the cost at current system (if accepting orders from phone then key in wrongly.

This post has been edited by cherroy: Jul 7 2007, 09:12 AM

Hmmm. how is the hlg online facilities ? it offers 0.42 %