hi!
anyone here use etrade?May i know what is the easiest way to withdraw money back to malaysia bank?Read the faq if use TT need to call them very 'mah fan' ler XD. Can i just use the quick transfer at the etrade site and transfer the money back to here? Thx in advance

They can issue you a bank cheque in USD and you can deposit here.
So simple..What is so 'mah fan'?

hi
u mean they will send the check from US?thx

Yes, just request a cheque for withdrawal.

k thx for the info bro

any1 courier the W8-BEN form be4?...i checked with DHL...they charge like rm120...wow!...tt is quite n amount 4 1 piece of paper...

use pos office airmail is enof... lastime i open optionsxpress acc do so..

i used registered air mail only... cost around 6bucks but take 1-2weeks to arrive lar.

Using regular mail to send the W8BEN should be ok... some broker already
allow you to start trading the moment they've received your funds.


So.. are you guys ready to trade?

DJIA now at 8500
S&P now at 900
NAS now at 1700

All major indexes at crossroads... can go up or down.

Start watching carefully, set your limit down and ready to pull the trigger.

i dont know u guys had seen my earlier thread in tech;
just to share, i have check up with the starhub singapore mobile service like digi in malaysia la,
they have this mobile broadband service at 70sgd permonth and their speed are 8mbps, and upload is 4mbps.
then i think no wonder during peak hours of the trading, i cant log in to few substandard securities like, zecco.com, sogotrade.com, mbtrading.com.
anyway i did complain this matter to them,
so got one day when i am working overtime in my office, i noted this 3 securities can be log in easily, then i check my office are corperate package at 600-800 rm permonth.
i am using 1mb maximum rm110 combo package, but i cant even log in my sogotrade account at moment.

best in town;
etrade.com
optioxpress.com
ameritrade.com (slow but hardly fail)

So, you are saying the problem is at your Internet access issue or at those cheap broker servers issue?

problem in my internet access.
it dont even work with mozilla or firefox.

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Added on May 19, 2009, 10:07 pmunless you upgrade download speed to 1.5mbps,
and increase upload speed to at least 1.5mbps

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Added on May 19, 2009, 10:51 pmand that will cost near rm600 permonths just for trading purposes.
for me i just use etrade or optionxpress for trading purposes.
investment purpose i am use ameritrade.com

This post has been edited by normanTE: May 19 2009, 10:51 PM

Pls HELP!!!!

sogo trade account buying power = 0.00

i have cash inside the account, why i cant trade?

!!!!!!!!!!!!!!!!!!!!

I WANT CHANGE OTHER BROKER!!!!

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Added on May 19, 2009, 11:20 pmHELP!!!!!!!!!!!!

This post has been edited by SEIKO^WATCHES: May 19 2009, 11:20 PM

Don't panic. Your cash account may not be cleared for trading yet if you've just banked in or your paperwork is not in order. Contact sogotrade and be patience..

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Added on May 20, 2009, 1:23 amMost java-based streaming ticker doesn't take much bandwidth, but a standard broadband of 1.5Mbps or higher is recommended, especially you want faster response. I don't find higher upload speed is needed. 256k min should be ok.

Just try to ping to your broker server and see what kind of response you're getting. You need at least 300ms or better response otherwise check out another ISP in your area.

This post has been edited by danmooncake: May 20 2009, 01:27 AM

Need Advices from all experienced investors!!


I'd like to invest in HK share markets. Can you recommend any brokers?

thanks :->

Dunno about HK shares.. perhaps you can start a new HK index thread.
Here we talk about US equities.

Hi, Norman,

Just want to understand the impact of internet speed on the trading performance.

1) Are you based in Sg or Msia? you mentioned StarHub as well as Streamyx Combo?

2) You mean even with Starhub's 8mbps DL speed is not sufficient to support zecco.com, sogotrade.com, mbtrading.com???

3) you mean, using 1mb-rm110-combo-package, you can log on to etrade.com, optioxpress.com, ameritrade.com (slow but hardly fail)????

I do notice that, both etrade and optionexpress have an office in Sg, maybe they have a server around here, that make a difference.

thanks for sharing.

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Added on May 21, 2009, 8:14 amThanks. I am sure I will launch a HK thread once I step my foot into the territory!!!
I am also interested in UK market too, Ha ha!!!

Danmooncake,

If I invest a foreign share/ADR denominated in US dollar in NYSE. 12 months down the road, US dollar depreciate a lot but Euro remains, what will happen to the share price hah??? Need your expert opinion,

thanks







This post has been edited by SunshineCa: May 21 2009, 08:14 AM

I'm no expert but this is my observation: If your share prices rise faster than the value of dollar devaluation,
then you still come out ahead.

Therefore, I'm not too worry about dollar devaluation because the more it devalues, the faster the US economy will recovers, US exports become cheaper, companies make more money, stocks price go up even higher.

The rest of the world actually suffers more than US itself when commodity prices like food and energy rises. This has been historical facts and it will repeat. I'm still placing my bets on US market.

This post has been edited by danmooncake: May 21 2009, 10:56 AM

i just wanna share,
if u are a doctor ,pharmacy,engineer, probably u will make something between rm3000-5000 amonth. or in singapore that will be same just that it is in singapore dollar 3000-5000.
what i try to highlight is, malaysia streamyx combo rm 110, are trying to cheat our hard earn money,
why i said so? with rm110 which is 3% of our monthly income and u only get 1mb, that is slow. compare with the starhub in singapore which they provide near x8 the speed and 1/2 the price.

i am in singapore last weekend to handle some business matter, i used my office computer, which are 4mb, so there isnt any problem with the logging in sogotrade.com
i realise that sogotrade isnt the cheapest brokerage in town, so i did open up mbtrading.com as well, as matter of fact i am buying big cap most of time, and the truth is i hardly buying near 100share. so sogotrade isnt the best trading platform for me.
i switched to mb trading.com that even better as i can pay as minimum trading fees of 0.005 pershare. that mean whenever i have bought 100share of british petroleum share or chevron, exxonmobile their commission are less than 1 usd pertrade.

anyway you need to open all the account in town and see for ureself which one is the best.
i have account with zecco.com, mbtrading.com, firstrade.com,scotrade.com(many hidden fees, wont recommend this), sogotrade.com

;premium one
charles schwab ( can apply for their credit card, free for life, easy to withdrawal your money at any atm in the world)
etrade (same as scotrade many hidden fees, make sure have at least usd 50,000 to open this account)
ameritrade.com( founded since 1977 by toronto-dominian bank, and have been cheapest trading platform till firstrade, then zecco,
his motto; no miminum and no maintanence, true as what he said, and have top service team of u have apex account, but their platform are too popular and will hang sometime, which mean it can take longer than usual for u to log in and place order,
there is no realtime quote. )
optioxpress; i am not keen with this due to high trading fees, 15 usd pertrade, but no doubt it is one of the best in execution brokerage.
perhap no one are using them so they can log in easily.
but they do have best chart in all the trading platform, this is vital for day trader.

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Added on May 21, 2009, 1:04 pmfor day trader, i suppose etrade will come first and then follow with optioxpress,
i dont encourage people to use etrade, unless u have deep pocket, they have 3monthly usd 40 charges if ure account less than 10,000usd cash.
and pertrade is 13 usd, unless u have 50,000usd then pertrade is 9.99 usd.
i have closed this account because of too many hidden charges.
another thing is soon, they will transfer ure account money to something call etrade bank, which mean if u want to trade need to inform than 1 weeks in adance or else there is "saman" usd 70 pertrade.

good luck

This post has been edited by normanTE: May 21 2009, 01:04 PM

comparing zecco and firstrade...which 1 is better?...n y?...