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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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silverwave
post Aug 20 2020, 11:49 PM

Look at all my stars!!
*******
Senior Member
4,082 posts

Joined: Apr 2006


QUOTE(Yggdrasil @ Aug 13 2020, 06:11 PM)
Bank in is instant. Just that you can't use buy when there's no cash although you already sold the stock.

Day 0: You have RM50k stocks and 0 cash, you can only sell. You sell the RM50k stocks
Day 1: You cannot buy
Day 2: You cannot buy. Stocks taken from your account
Day 3: You can buy since money comes in after T+2
*
Mine if i sell on day 0, i can see the amount in the app immediately (ready to buy/sell) but the premier 1 account (under M2U) will be T+2.

Mine is also cash (direct) account but how come yours is not the same?

 

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