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 Best Local Broker in Malaysia, Chip in your comments & thoughts!

Which Broker do you recommend to beginner investors in Malaysia?
 
Affin Hwang Capital [ 4 ] ** [3.92%]
AmEquities [ 1 ] ** [0.98%]
BIMB Securities [ 1 ] ** [0.98%]
CIMB iTrade [ 6 ] ** [5.88%]
HeongLeong e-Broking [ 8 ] ** [7.84%]
Kenanga KenTrade [ 4 ] ** [3.92%]
Maybank Trade [ 9 ] ** [8.82%]
M+ Online [ 39 ] ** [38.24%]
Jupiter Online Securities [ 0 ] ** [0.00%]
Public Bank Invest e-Trade [ 1 ] ** [0.98%]
Rakuten Trade [ 16 ] ** [15.69%]
RHB Invest [ 1 ] ** [0.98%]
TA Securities (TA Online) [ 2 ] ** [1.96%]
UOB KayHian [ 7 ] ** [6.86%]
Other [ 3 ] ** [2.94%]
Total Votes: 102
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more2teayap
post Aug 19 2020, 05:20 PM

(づ｡◕‿‿◕｡)づ
*******
Senior Member
2,746 posts

Joined: Jun 2006
From: LYN Database
1) Which broker do you have your CDS account opened with: RakutenTrade
2) Type of CDS account: Nominee
3) Brokerage Fee:
Below RM 1K - RM7
RM1k - RM9999.99 - RM9
RM10k - RM99999.99 - 0.1%
RM100k and above - RM100
4) Comments on Trading Platform/App/Website: Good for beginner, clean UI
5) Why choose this broker: Cheap brokerage fee, fast account opening activation
6) Frequency of Trade: 1-2 transactions per month
7) Additional remarks: Can be very unstable till the extend where you can't login to your account or view your own holdings during peak hours, mostly 9-10am. 2.30-3pm, not a direct CDS account, moving on to other broker very soon
more2teayap
post Sep 1 2020, 04:22 PM

(づ｡◕‿‿◕｡)づ
*******
Senior Member
2,746 posts

Joined: Jun 2006
From: LYN Database
QUOTE(alvinng @ Aug 24 2020, 03:18 PM)
anyway to open M+ account without being present at their branch?
*
Unfortunately nope, you must present at their branch to open their account.
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