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 Cheapest Direct CDS Broker? (Cash Upfront)

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TScontestchris
post Feb 14 2024, 11:40 PM, updated 2y ago

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Hi all,

I’ve been using Maybank cash upfront account with min RM8 or 0.10% per transaction for many years now.

Came across Affin cash upfront account with min RM5 or 0.08% or 0.05% (above rm100k) earlier today.

I’m now wondering if there are any other cheaper brokers? What about RHB - can’t find the rate online.

Is Affin brokerage decent compared to Maybank?

Thanks!
privatequity
post Feb 15 2024, 11:40 AM

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QUOTE(contestchris @ Feb 14 2024, 11:40 PM)
Hi all,

I’ve been using Maybank cash upfront account with min RM8 or 0.10% per transaction for many years now.

Came across Affin cash upfront account with min RM5 or 0.08% or 0.05% (above rm100k) earlier today.

I’m now wondering if there are any other cheaper brokers? What about RHB - can’t find the rate online.

Is Affin brokerage decent compared to Maybank?

Thanks!
*
MPlus 0.05%. I think upcoming MooMoo the brokerage even lower but not sure when
Ramjade
post Feb 15 2024, 10:29 PM

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QUOTE(contestchris @ Feb 14 2024, 11:40 PM)
Hi all,

I’ve been using Maybank cash upfront account with min RM8 or 0.10% per transaction for many years now.

Came across Affin cash upfront account with min RM5 or 0.08% or 0.05% (above rm100k) earlier today.

I’m now wondering if there are any other cheaper brokers? What about RHB - can’t find the rate online.

Is Affin brokerage decent compared to Maybank?

Thanks!
*
Mplus. Unless your amount is less than RM9999, then affin.
privatequity
post Feb 16 2024, 12:17 AM

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QUOTE(Ramjade @ Feb 15 2024, 10:29 PM)
Mplus. Unless your amount is less than RM9999, then affin.
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aiming for moomoo? i think fee even lower.
Ramjade
post Feb 16 2024, 12:22 AM

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QUOTE(privatequity @ Feb 16 2024, 12:17 AM)
aiming for moomoo? i think fee even lower.
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Wait until when? Not even launched in Malaysia yet. Lol
privatequity
post Feb 16 2024, 12:24 AM

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QUOTE(Ramjade @ Feb 16 2024, 12:22 AM)
Wait until when? Not even launched in Malaysia yet. Lol
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they oredi gotten the license in malaysia. i heard is 27 march launching, rumour.
Ramjade
post Feb 16 2024, 10:02 AM

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QUOTE(privatequity @ Feb 16 2024, 12:24 AM)
they oredi gotten the license in malaysia. i heard is 27 march launching, rumour.
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They told me end of last year. Until now, nothing. But likely custodian. Not direct.
koja6049
post Feb 17 2024, 05:22 PM

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QUOTE(privatequity @ Feb 16 2024, 12:17 AM)
aiming for moomoo? i think fee even lower.
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moomoo definitely not direct cds smile.gif
privatequity
post Feb 17 2024, 09:20 PM

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QUOTE(koja6049 @ Feb 17 2024, 05:22 PM)
moomoo definitely not direct cds smile.gif
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oh means we cannot transfer securities from mplus to moomoo?

 

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