Yes.

That's why sometimes we would see some stocks being forced sell fiercefully in a poor market condition.
They will throw the stock disregard the price, as long as got buyer to meet the selling order.

sorry, if we use our own money, then this things not gonna be happen rite?

If I'm using HwangDBS now, how to transfer to Jupiter?

open an account with jupiter first, you need to go to their office to do that.

then go to hwangdbs and ask to do a share transfer if you want to move all your existing shares.

may I know what is maybank brokerage rates before/after their current campaign?

I can two accounts at once? If I do not transfer my shares with HwangDBS, does this mean when I sell those shares in the future I have to pay HwangDBS brokerage fees? Is there a charge for moving my shares from HwangDBS to Jupiter?

Thanks for the help.

I thought it is 0.42% ?

Just to share my experience with an online service I am using: www.apexetrade.com

General Info:
1. Nominee account
2. Using the web-based solution provided by N2NConnect (which seems to be the same software being used by Cimb, based on some user's screenshots)
3. Software is Java-based, but shouldn't be a problem for broadband users.
4. Settlement of funds via Maybank2u or Pbebank.
5. Like most online trading accounts, the balance you have (if you have any) earns a little bit of interest (not sure what the rate is).

What I Like:
1. Software features quite comprehensive. Can look at detailed stock info, stock price/volume history, charts, candlesticks, etc.
2. When buying stock, shows you the breakeven price (after factoring in brokerage+stamp duty+that 0.03%)
3. Shows you your portfolio and its performance.
4. Trading generally takes only a few minutes to enter Bursa's system from when I confirm my trade details.
5. Uptime of the site is 24 hours, and I have rarely encountered any outage. Actually I never, but I'm not on there 24 hours a day, am I? (I shudder to think of how Maybank2u users execute their trades after 12am when Maybank is 'refreshing' their system)
6. Trades outside of trading hours can be placed anytime of the day, to be queued at Bursa before trading opens. Some online systems don't allow this or they have time restrictions on when you can place trades.
7. Easy to make changes/cancel submitted trades (as long as the trade has not been executed yet, of course).
8. Each user is linked to a dealer/representative. The built-in messaging system allows you to message the dealer with any queries. My experience of this is that my queries have always been answered promptly, and always within the day.
9. Create multiple watch lists for you to manage stocks that you're interested in, so that you don't have to filter for that stock everytime.
10. Shows you your realised gains/losses over history, so that you know how well your previous trades have performed.

What I Don't Like:
1. Stock filtering needs a little getting used to. But I rarely use this since I always add stocks to my watch list.
2. The 0.7% brokerage fee (RM28 minimum applies)
3. The 0.7% brokerage fee (RM28 minimum applies)
4. The 0.7% brokerage fee (RM28 minimum applies)
5. Ok, I think you get the point.

This post has been edited by klaw: Mar 14 2009, 01:12 AM

what is min brokerages free?

in a liquid market condition.. you'd get slaughtered for anything that takes more than a few seconds. is this the normal circumstance on apexetrade? or this is the general respond for majority of malaysia end-user online trading platform?

This post has been edited by lwb: Mar 18 2009, 03:26 PM

usually how it work is,
1. you key in your order
2. order gets sent to your dealer's desk (terminal in this case)
3. dealer confirms the order
4. order gets sent to bursa server

The whole process takes about 2-3 seconds. I think the dealer confirmation part could be just an automated script. Sometimes, there is some delay and it is usually caused by the dealer confirmation process.

Which online brokerage has the lowest minimum brokerage fee?

AFAIK, its jupiteronline, RM8 minimum.

I'm using HLB and the minimum brokerage fee is RM12 or 0.42% whichever higher.

kb2005 good to see u here..

me too using HLB , service quite ok
except they have no real time trading on american stocks

Is it true that maybank2u online stock change to 0.1%?

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

Until end of the month only.

1. The “Maybankinvest 0.1% Trading Fees” campaign (the “Campaign”) will end by 31st March 2009,
(“Campaign Period”).

Ya, service quite okay. You can make a call to the dealer with same rate.

delaer quoted me a min of USD50 for trading american stock
i told them E Trade charge USD20 only

why nobody mention about RHB Invest... Is this platform and its brokerage fee aren't so good?