Can't find related topic. What is cheapest Bursa online trading security with reliable status. I am using Itrade now. How about Am Equities ? 0.05% or min RM8 ? Any other recommendation?

I personally think either

Malacca securities / M+ ; OR
Rakuten

But do take note that Rakuten is more hassle if you plan to exercise your rights on the shares / voting rights since its not an actual CDS.

So far have been using M+, 0.05% / RM8. Quite stable as well no major issues faced throughout the years.

P/S: If you have significant funds with banks, I think you might want to reach out to your RM, as they might be able to offer you a similar rate with better features on their trading platform based on your status with the bank.

This post has been edited by sadukarzz: Jun 12 2024, 09:39 AM

moomoo is cheapest in the town now.

Any reviews or feedback in regards to Moomoo?

Is it similar to Rakuten in the sense that the account is not an actual CDS?

Tumpang sikit to obtain information about Moomoo. I've seen some ads in regards to it but never really tried it myself since M+ has been doing well for me.

m+ for me.

https://klse.i3investor.com/web/hti/brokers

Good comparison

I am considering AmEquities as the brokerage is about the same as M+. The only problem is Intraday which is higher than M+. AmEquities is owned by Ambank which is more safer? How about M+ ?

M+ is not owned or backed by any major financial institutions based on what I can see.

However, they are indeed licensed by SC and also NASDAQ, so I would say that they are legit.

That said, I don't think 'safety' is being gauged that way though.

Because remember even back in the day Ambank was involved in money laundering with 1MDB.

M+ is good bcos direct CDS. but i kena many spam calls from ppl claiming to be them. so i believe there's a data breach

They called direct? Did they offer or urge anything?

So far have not received any calls claiming to be M+ though, maybe so far I'm lucky.

You are right bro. thanks

Something to think about. I hate spam call. They usually call when i am in the meeting!

Let me give you a pro tip when it comes to the spam calls

Download Whoscall and try the code "PDRMLawanScams" see if it still works

Free 1 year of whoscall premium subscription

it only had nominee account last time, now it offers direct CDS as well.
they are public listed company in US. market cap USD 10B+ vs let's say local RHB RM 25B only...

Thanks. Will try

In terms the trading platform

Any features that stands out?

Stability wise ok?

it has all standard stuff that i use.
no issue so far.

I used Moomoo. If using Rakuten or M+ can be transfer all ur assets there to Moomoo.
And Moomoo got new features called IPO and their first IPO is Johor Plantation Group Berhad. have u heard it?
https://live.moomoo.com/course/content-deta...n_type=graphics
can try read here.

Ya i asked on other platform also about this IPO coz still a newbie in this
Since this is available at Moomoo apps..make it easier to apply for it..
Someone recommended a link that discuss about the Johor Plantation IPO..after reading decided to try 100 shares first haha..wish me luck!!

ouhh i see. Good luck then but may I know if need to open or subcribe for Moomoo's IPO ?
must open CDS account kan ? Sorry just asking becoz just about it but not clear.

This post has been edited by Immarich: Jun 20 2024, 09:39 AM