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 Which Broker Should I Use ?, Just Starting to Invest in Stock Market

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sleepy8
post Apr 23 2020, 04:06 PM

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after reading the replies, the contender seems to be between M+ and rakuten... but look at the review of their apps. m+ wins with 1 full point. rakuten app is laggy.
cazorla81
post May 14 2020, 12:30 PM

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I am currently using Maybank Trade. Anyway after this financial crisis, I am aware that the importancy of auto stop lost feature. So after some study, notice there's only a few have that, which includes Mplus/isaham.

Seems like Mplus is a reputable platform, I will just go with this now. Thanks.
galkelly
post May 14 2020, 04:22 PM

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can register online for M+ or need agent to open acc ?>
sil3ntguardian
post May 21 2020, 01:08 PM

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hi guys, do you know which brokers will give linger GTD? currently my account can do 28 days GTD.
plouffle0789
post May 26 2020, 06:40 AM

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QUOTE(RagingRabbits @ Feb 14 2019, 05:02 PM)
I am looking at Rakuten , M+ and Hong Leong going to buy stocks for the first time . Been doing a little research on these seems like M+ has the lowest brokerage fees ? Which of the three would you guys recommend based on the brokerage fees and customer service ? I plan to buy and hold some stocks and maybe day trade too . If there are any other brokers other than the 3 that you would recommend pls mention. Thanks!!
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Malacca Securities Sdn Bhd (M+ Online) is a participating organization of Bursa Malaysia Securities Berhad and licensed to undertake regulated dealing activities. It has been established since 1963 and has been in the stock broking business for more than 50 years.

In 2010, the Online Trading Platform was enhanced and re-branded as M+ Online, with the sole purpose of providing online trading features to Internet savvy and well informed customers. With the brokerage rate as low as 0.05% or minimum RM8.00 per contract, investors get to save more than 90% of the normal brokerage transaction cost. This enables investors to "Take Profit with Just One Tick".



But this company easy to depoait and cash out?

Cimb also rm8 right?
plouffle0789
post May 26 2020, 06:41 AM

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QUOTE(sil3ntguardian @ May 21 2020, 01:08 PM)
hi guys, do you know which brokers will give linger GTD? currently my account can do  28 days GTD.
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What is gtd?
plouffle0789
post May 26 2020, 06:42 AM

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QUOTE(cazorla81 @ May 14 2020, 12:30 PM)
I am currently using Maybank Trade. Anyway after this financial crisis, I am aware that the importancy of auto stop lost feature. So after some study, notice there's only a few have that, which includes Mplus/isaham.

Seems like Mplus is a reputable platform, I will just go with this now. Thanks.
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Means when some things happen shares price drop too many,system will auto sold your shares?

If you set a limit percentage?
roytoh
post Jun 12 2020, 01:33 PM

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I'm using M+, Amequities.

I like M+ deposit because it's FPX transfer. Since I don't trade above RM10k/counter, M+ is the only broker I used.
rocketm
post Jun 13 2020, 02:23 AM

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Anyone try open Mplus account online? Is it need to wait for a month to get approval?
seiluen
post Jun 14 2020, 01:34 AM

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QUOTE(rocketm @ Jun 13 2020, 02:23 AM)
Anyone try open Mplus account online? Is it need to wait for a month to get approval?
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just finish submit my form. next monday send back to them. lets see how long to get my account approved

rocketm
post Jun 14 2020, 09:06 AM

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QUOTE(seiluen @ Jun 14 2020, 02:34 AM)
just finish submit my form. next monday send back to them. lets see how long to get my account approved
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Are you using courier company to send to them or by email?
ChiaW3n
post Jun 14 2020, 09:24 AM

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QUOTE(seiluen @ Jun 14 2020, 01:34 AM)
just finish submit my form. next monday send back to them. lets see how long to get my account approved
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Keep informed, because I just submitted last Friday too
seiluen
post Jun 14 2020, 12:25 PM

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QUOTE(rocketm @ Jun 14 2020, 09:06 AM)
Are you using courier company to send to them or by email?
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courier. they arrange rider to pickup from me after I finish signed
seiluen
post Jun 14 2020, 12:25 PM

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QUOTE(ChiaW3n @ Jun 14 2020, 09:24 AM)
Keep informed, because I just submitted last Friday too
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sure ! biggrin.gif
CJ15 P
post Jun 17 2020, 02:02 PM

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QUOTE(seiluen @ Jun 14 2020, 12:25 PM)

sure !  biggrin.gif
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smile.gif smile.gif May I know do you receive any email from M+ upon successful registration?

I just received this (as per attached) without email confirmation.

https://pictr.com/images/2020/06/17/7x9ycB.md.png
seiluen
post Jun 17 2020, 06:03 PM

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QUOTE(CJ15 @ Jun 17 2020, 02:02 PM)
smile.gif  smile.gif  May I know do you receive any email from M+ upon successful registration?
I just received this (as per attached) without email confirmation.
<a href='https://pictr.com/images/2020/06/17/7x9ycB.md.png' target='_blank'>https://pictr.com/images/2020/06/17/7x9ycB.md.png </a>
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hi, I didn't received any email as well. after I successful register,their team WhatsApp me the next working day
Momo33
post Jun 17 2020, 06:10 PM

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QUOTE(RagingRabbits @ Feb 14 2019, 06:02 PM)
I am looking at Rakuten , M+ and Hong Leong going to buy stocks for the first time . Been doing a little research on these seems like M+ has the lowest brokerage fees ? Which of the three would you guys recommend based on the brokerage fees and customer service ? I plan to buy and hold some stocks and maybe day trade too . If there are any other brokers other than the 3 that you would recommend pls mention. Thanks!!
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M + thumbsup.gif
0.05 % b fees
platform never down this year .

great CS , handle all matters . 1 staff appointed to service you. he sent whatapp msg to u daily on market .

i have no reason to look for another .







limtekshi
post Jun 18 2020, 02:12 AM

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Started with HLE, then tried out Rakuten, and now mostly use Rakuten.

HLE browser interface really sucks and their login sometimes is a hassle; but their phone app is decent.
Rakuten on the other hand is other way round, browser user interface is heaps better, but their phone app iSpeed really sucks.
Its almost like HLE phone app matches Rakuten browser, and HLE browser matches iSpeed app.

Is M+ user interface much better than these two?
z21j
post Jun 18 2020, 12:16 PM

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I've been using M+ since 2016. So far no issue and my relationship manager is very responsive. Sometime getting a good relationship manager is important especially for people like me who dont reside in Malaysia. i do have HLE too but that one is nominee acc. For CDS, M+ should be among the cheapest. Not laggy.
wayne5491
post Jun 18 2020, 07:15 PM

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Which M+ account type did you guys go for? I was told the silver acc got no remisier and no more intra day rebate, only gold acc got.. worth paying extra rm2 for these?

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