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> best bank for CDS, manage your share unit

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TSecitenoid
post Apr 23 2019, 11:18 AM, updated 7y ago

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Hi, i not familiar with CDS,

to those who familiar, which bank you guys recommend in list below?


A - CIMB
B - MAYBANK
C - BIMB
D - RHB


really appreciate your input.
siew14
post Apr 23 2019, 11:19 AM

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all banks same one... just find the one with lowest brokerage fees
teehk_tee
post Apr 23 2019, 11:20 AM

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CDS is with Bursa.
Central Depository System

not with banks.
ShinG3e
post Apr 23 2019, 11:20 AM

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bukechi
post Apr 23 2019, 11:20 AM

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as it how to open it


TSecitenoid
post Apr 23 2019, 11:23 AM

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QUOTE(siew14 @ Apr 23 2019, 11:19 AM)
all banks same one... just find the one with lowest brokerage fees
*
noted.

so far googled, CIMB the lowest fee.

but based on rating, RHB seems top one.



Sycamore
post Apr 23 2019, 11:25 AM

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Have both tiger bank and HL bank.
For me HL > tiger.
pakdamek
post Apr 23 2019, 11:29 AM

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QUOTE(teehk_tee @ Apr 23 2019, 11:20 AM)
CDS is with Bursa.
Central Depository System

not with banks.
*
you can have multiple cds with multiple banks.
STIDVC
post Apr 23 2019, 11:30 AM

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AMMB ftw
sheahann
post Apr 23 2019, 11:32 AM

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i use maybank..
brokerage min RM8 ..

but if not direct CDS cannot apply IPO.
TSecitenoid
post Apr 23 2019, 11:35 AM

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QUOTE(sheahann @ Apr 23 2019, 11:32 AM)
i use maybank..
brokerage min RM8 ..

but if not direct CDS cannot apply IPO.
*
oh, seems fee same as CIMB,

thanks for your feedback.!
alna1988
post Apr 23 2019, 11:41 AM

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Rakuten Trade maa.
TSecitenoid
post Apr 23 2019, 11:47 AM

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QUOTE(alna1988 @ Apr 23 2019, 11:41 AM)
Rakuten Trade maa.
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no choice for me so far,

maybe later. laugh.gif
Davez89
post Apr 23 2019, 11:49 AM

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Bank of China la
ywyap
post Apr 23 2019, 11:55 AM

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Dear TS, CDS and Trading Account is different. CDS is maintained by Bursa Depository and the account opening fee is standard across all brokers. Trading Account is maintained by the Broker itself and brokerage fee might differ from one to another (e.g. Rakuten Trade has one of the lowest brokerage fee however you can only trade online).
[Ancient]-XinG-
post Apr 23 2019, 12:00 PM

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QUOTE(ywyap @ Apr 23 2019, 11:55 AM)
Dear TS, CDS and Trading Account is different. CDS is maintained by Bursa Depository and the account opening fee is standard across all brokers. Trading Account is maintained by the Broker itself and brokerage fee might differ from one to another (e.g. Rakuten Trade has one of the lowest brokerage fee however you can only trade online).
*
RT is nominee under KIB. So basically the share you holding is technically not under you...
chiafoo
post Apr 23 2019, 12:18 PM

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Maybank cash acc brokerage fee 0.1% or min RM8

TSecitenoid
post Apr 25 2019, 09:23 AM

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thanks guys for ya feedback.!!!!

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