M+ Global, Buy US & HKD Stocks
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 Mar 8 2023, 12:35 PM, updated 2y ago
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#1
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Junior Member
472 posts Joined: Jun 2015  
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Launched.
HK & US stock trading, ETFs and Options.Real-time data feed.No minimum account balance needed. Commission Product Fees Minimum Charge US Market US Stocks & ETFs 0.10% * Trade Value US$3.00 HK Market HK Stocks & ETFs 0.10% * Trade Value HK$18.00 Margin Rates US Stock Annual Interest Rate 8% HK Stock Annual Interest Rate 8% This post has been edited by cse.my: Apr 6 2023, 09:54 AM |
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Mar 8 2023, 12:36 PM
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#2
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Junior Member
472 posts Joined: Jun 2015
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Any different with Rakuten ? Curious
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Mar 8 2023, 12:55 PM
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#3
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Senior Member
4,679 posts Joined: Jan 2003
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Be prepared to deposit 10k for it
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Mar 8 2023, 07:54 PM
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#4
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Senior Member
2,429 posts Joined: Jul 2007
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Wonder why both Rakuten and this trading platform don't have trading for SG stocks?
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Mar 8 2023, 09:34 PM
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#5
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(jutamind @ Mar 8 2023, 07:54 PM) Wonder why both Rakuten and this trading platform don't have trading for SG stocks? They need to SGX approval 1st Most likely due to lack of presence of an office in Singapore as it is one of the requirements before getting broking license |
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Mar 9 2023, 01:43 PM
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#6
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Senior Member
639 posts Joined: Jul 2006
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What's the difference? Is it using IBKR platform too? rates? Are they holding the stocks on our behalf like Rakuten? Most likely it's going to be on our behalf so it's basically identical to Rakuten. I guess the exchange rates and the fees will be the only difference?
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Mar 9 2023, 02:48 PM
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#7
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Junior Member
472 posts Joined: Jun 2015
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QUOTE(ivanpei @ Mar 9 2023, 01:43 PM) What's the difference? Is it using IBKR platform too? rates? Are they holding the stocks on our behalf like Rakuten? Most likely it's going to be on our behalf so it's basically identical to Rakuten. I guess the exchange rates and the fees will be the only difference? That why i curious lo.. sumore kana lipot tered lol |
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Mar 9 2023, 04:37 PM
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#8
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(ivanpei @ Mar 9 2023, 01:43 PM) What's the difference? Is it using IBKR platform too? rates? Are they holding the stocks on our behalf like Rakuten? Most likely it's going to be on our behalf so it's basically identical to Rakuten. I guess the exchange rates and the fees will be the only difference? Should be the same and competitive unless they are going with Saxo QUOTE(cse.my @ Mar 9 2023, 02:48 PM) That why i curious lo.. sumore kana lipot tered lol Who lipot 🤦♀️Anyway good to have competition hence will bring down the brokerage fees in the future 👏 |
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Mar 9 2023, 04:57 PM
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#9
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Junior Member
472 posts Joined: Jun 2015
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QUOTE(xander2k8 @ Mar 9 2023, 04:37 PM) Should be the same and competitive unless they are going with Saxo Duno siapa lipot, maybe they think i doing business. Who lipot 🤦♀️ Anyway good to have competition hence will bring down the brokerage fees in the future 👏 Damn copy paste haha |
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Mar 9 2023, 05:05 PM
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#10
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(cse.my @ Mar 9 2023, 04:57 PM) Duno siapa lipot, maybe they think i doing business. Anyway it is legit just wait for 1st April launchDamn copy paste haha |
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Mar 9 2023, 05:08 PM
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Senior Member
1,084 posts Joined: Jul 2022
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1) Is it regulated by SC?
2) Can transfer in using FPX or card? 3) Can buy fraction shares? |
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Mar 9 2023, 05:19 PM
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#12
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Junior Member
472 posts Joined: Jun 2015
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QUOTE(Natsukashii @ Mar 9 2023, 05:08 PM) 1) Is it regulated by SC? 1. Malacca securities la boss2) Can transfer in using FPX or card? 3) Can buy fraction shares? 2. Fpx can, card duno 3. No idea, need wait after launch oni know Natsukashii liked this post
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Mar 9 2023, 05:20 PM
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#13
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Junior Member
472 posts Joined: Jun 2015
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QUOTE(xander2k8 @ Mar 9 2023, 05:05 PM) Anyway it is legit just wait for 1st April launch Yup, wait and see. Guess too much no point haha |
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Mar 9 2023, 05:22 PM
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#14
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(Natsukashii @ Mar 9 2023, 05:08 PM) 1) Is it regulated by SC? 1. Should have otherwise they are in trouble 2) Can transfer in using FPX or card? 3) Can buy fraction shares? 2. If SC regulated only FPX is allowed no cards 🤦♀️ 3. Not possible with fractional shares because it is not cost efficient for their brokerage but wait for 1st Apr to confirm Natsukashii liked this post
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Mar 9 2023, 05:23 PM
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#15
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(cse.my @ Mar 9 2023, 05:20 PM) Yup, wait and see. Guess too much no point haha Hopefully the brokerage is low and with good live FX rates |
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Apr 5 2023, 10:31 PM
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#16
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Senior Member
3,733 posts Joined: Apr 2010
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Parking first to see if they have apps which could be more handy to use
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Apr 5 2023, 11:49 PM
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Junior Member
472 posts Joined: Jun 2015
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Tomorrow 9am lol
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Apr 11 2023, 11:12 AM
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Senior Member
639 posts Joined: Jul 2006
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No information about how the trading is conducted. Who holds the shares? What are the FX rates? The fees don't seem that cheap compared to Rakuten. Rakuten appears more transparent and cheaper to be honest. This M+ Global macam black box, feels dodgy.
This post has been edited by ivanpei: Apr 11 2023, 11:13 AM |
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Apr 11 2023, 12:26 PM
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#19
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Senior Member
4,679 posts Joined: Jan 2003
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QUOTE(ivanpei @ Apr 11 2023, 11:12 AM) No information about how the trading is conducted. Who holds the shares? What are the FX rates? The fees don't seem that cheap compared to Rakuten. Rakuten appears more transparent and cheaper to be honest. This M+ Global macam black box, feels dodgy. You registered already?Anyway seems like Rakuten soon will be even cheaper |
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Apr 24 2023, 12:09 PM
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Junior Member
703 posts Joined: Jun 2010 From: Kuala Lumpur
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hi anyone registered and deposited RM10k? any feedback on the FX, trading fee comparison?
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