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Brokerage fees question, What you guys using.
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TScse.my
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Sep 7 2022, 10:36 AM, updated 4y ago
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Just want to know fees and brokerage is steady.
Entertain fren open account
Website show 0.05% min rm8
But always kena rm25 / trade. Ask him why, end up bla bla diu.
Sien. So any good and steady and lower?
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akhito
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Sep 7 2022, 10:53 AM
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If u are talking a bout klse then look at this chart https://klse.i3investor.com/web/hti/brokersdepending on ur trading vol, the rates differ This post has been edited by akhito: Sep 7 2022, 10:53 AM
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prdkancil
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Sep 7 2022, 10:53 AM
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Getting Started

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Clearing fee 0.03% and stamp duty 1.5 per RM1k . If u buy share worth RM10k ur charges is around RM2X already . 0.05% brokerage normally is CASH upfront account only , which brokerage u using ? And check ur contract note la , it got show how the charge come into it
This post has been edited by prdkancil: Sep 7 2022, 10:56 AM
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TScse.my
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Sep 7 2022, 11:08 AM
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QUOTE(prdkancil @ Sep 7 2022, 10:53 AM) Clearing fee 0.03% and stamp duty 1.5 per RM1k . If u buy share worth RM10k ur charges is around RM2X already . 0.05% brokerage normally is CASH upfront account only , which brokerage u using ? And check ur contract note la , it got show how the charge come into it I think is the fren problem. Damn it
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TScse.my
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Sep 7 2022, 11:09 AM
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QUOTE(akhito @ Sep 7 2022, 10:53 AM) If u are talking a bout klse then look at this chart https://klse.i3investor.com/web/hti/brokersdepending on ur trading vol, the rates differ Yea read already. Alots same question as me haha.
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prdkancil
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Sep 7 2022, 11:14 AM
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Getting Started

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QUOTE(cse.my @ Sep 7 2022, 11:08 AM) I think is the fren problem. Damn it Check contract note/receipt , crop and show us the charges part thn we will know
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TScse.my
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Sep 7 2022, 11:43 AM
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QUOTE(prdkancil @ Sep 7 2022, 11:14 AM) Check contract note/receipt , crop and show us the charges part thn we will know
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prdkancil
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Sep 7 2022, 12:04 PM
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Getting Started

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QUOTE(cse.my @ Sep 7 2022, 11:43 AM) That "brokerage amount" already written min RM40 ? And i think tat Clearing Fee shd be 0.03% standard . Try ask ur fren he open what account for u , i think urs is "collateralised" not "cash upfront" . If u using cash to buy thn ask ur fren switch the acc to cash upfront for u . Lower brokerage rate normally only for cash upfront acc
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TScse.my
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Sep 7 2022, 12:11 PM
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QUOTE(prdkancil @ Sep 7 2022, 12:04 PM) That "brokerage amount" already written min RM40 ? And i think tat Clearing Fee shd be 0.03% standard . Try ask ur fren he open what account for u , i think urs is "collateralised" not "cash upfront" . If u using cash to buy thn ask ur fren switch the acc to cash upfront for u . Lower brokerage rate normally only for cash upfront acc Ya la edi told and many pattern hahaha. So what i want do now is to open another steady cash account that i wanted. Fren sucks Any low and good recommended?
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prdkancil
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Sep 7 2022, 12:16 PM
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Getting Started

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QUOTE(cse.my @ Sep 7 2022, 12:11 PM) Ya la edi told and many pattern hahaha. So what i want do now is to open another steady cash account that i wanted. Fren sucks Any low and good recommended? Im using Maybank cash acc , so far so good . It is direct CDS acc , can subscribe IPO . Can try Rakuten but i think Rakuten is nominee acc canot buy IPO .
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Ramjade
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Sep 7 2022, 12:31 PM
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QUOTE(cse.my @ Sep 7 2022, 12:11 PM) Ya la edi told and many pattern hahaha. So what i want do now is to open another steady cash account that i wanted. Fren sucks Any low and good recommended? You want cheapest go with mplus.
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TScse.my
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Sep 7 2022, 12:40 PM
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QUOTE(prdkancil @ Sep 7 2022, 12:16 PM) Im using Maybank cash acc , so far so good . It is direct CDS acc , can subscribe IPO . Can try Rakuten but i think Rakuten is nominee acc canot buy IPO . Ok. I will go spy maybank. Tq QUOTE(Ramjade @ Sep 7 2022, 12:31 PM) You want cheapest go with mplus. Ok boss. I will spy mplus too. Tq
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Ramjade
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Sep 7 2022, 12:55 PM
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QUOTE(cse.my @ Sep 7 2022, 12:40 PM) Ok. I will go spy maybank. Tq Ok boss. I will spy mplus too. Tq Pick one. No need pick so many.
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TScse.my
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Sep 7 2022, 12:56 PM
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QUOTE(Ramjade @ Sep 7 2022, 12:55 PM) Pick one. No need pick so many. Ya will pick 1 only, just spy compare and do it hahaha
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tadashi987
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Sep 7 2022, 10:23 PM
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recommended mplus or Affin Hwang or even fsm
the latter two can open account online, u don't need a friend to open for u thou
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lamode
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Sep 7 2022, 10:53 PM
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QUOTE(tadashi987 @ Sep 7 2022, 10:23 PM) recommended mplus or Affin Hwang or even fsm the latter two can open account online, u don't need a friend to open for u thou mplus can open online too.
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tadashi987
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Sep 7 2022, 11:37 PM
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QUOTE(lamode @ Sep 7 2022, 10:53 PM) mplus can open online too. oyeah, forgotten about that, thanks for the heads-up
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tadashi987
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Sep 7 2022, 11:37 PM
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QUOTE(lamode @ Sep 7 2022, 10:53 PM) mplus can open online too. -dupe- This post has been edited by tadashi987: Sep 7 2022, 11:38 PM
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ssiapf
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Oct 2 2022, 10:56 PM
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Can mplus subscribe IPO?
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ssiapf
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Oct 14 2022, 09:06 PM
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Which platform offer live share price free?
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