Anyone got the latest price list for the stockbroking rates ah?

i thot it was 0.42% for internet order, min RM28?

how to transfer money from maybank2u to trading account in maybankinvest?

Any android phone is support the mobile trading? I'm now using Jupiter platform.

i browse through the posts in this thread, doesn't seems anyone has mentioned Hwang DBS's https://einvest.hdbsib.com and Mercury Securities's http://www.mercurystraightthru.com.my

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Added on October 10, 2010, 10:36 pmThis is the info from Public Bank, I think should be same for CIMB, Maybank and etc.

Online Brokerage Fee 0.42% (Minimum RM12) for contract value RM100,000 & below
0.21% for contract value above RM100,000

Other transaction costs:-
Stamp duty - 0.1% (Round-up to nearest ringgit). Maximum RM200
Clearing fee - 0.03% (Round-up to nearest sen). Maximum RM1,000

This post has been edited by jtleon: Oct 10 2010, 10:36 PM

jutamind,

Apex currently minumum is RM12 same with other broker offers.Although minimum RM12 but its actually lower with this PROMOTION

But the special thing about them is that they incentives in the form of netbook or notebook from Acer.

The client can choose either one of the following promotions ;

1-Purchase of Acer Aspire 4741-372G5'01 4"laptop with FREE 6 months P 1 WIMAX
Broadband subscription(2 GB usage/ month) and FREE Canon All in One Printer
MP258 for the price of RM2,399 (Retail price for this package is RM3,017.00 ).

2-Purchase of Acer Aspire 4741-372G50 14" laptop with FREE 6 months P1 WIMAX
Broadband subscription(2GB Usage/month) ,FREE 24 months DlGl broadband Subscription(1MB usage/month) and FREE Canon All in One Printer MP258 for the price of RM3,199.00(Retail price is RM4,070 )
In addition to the above the following package offers shall also be extended to newly sign up online trading accounts subject to the terms and conditions whereby the details of " terms and conditions" of which is attached for your guideline.

3-Free Acer Aspire AOD255 Atom 10.1 ( Terms& Conditions apply)

4-Free Acer AS4741-352G32MN 14" laptop with DlGl 3G 1MB broadband 24 months
subscription
(Terms& Conditions Apply)


Get more information on their webpage ; http://www.apexetrade.com/bin/home.asp

The brochure is attached.


--------------------------------------------------------------------------------
Added on September 23, 2010, 10:18 amThe terms and conditions to be shared with everyone;

1-Duration : 20th September to 20th December 2010

2-Client must select either one of this option ;

Option A

Acer Aspire Atom 10.1
Deposit of RM3,000.00 for trading limit purpose
RM1,200.00 be deducted upon hand over of netbook

Option B

ACER AS4741 14” laptop (with DIGI 3G
broadband 24 months subscription)
Deposit of RM8,000.00 for trading limit purposes
RM3,300.00 be deducted upon hand over of notebook.


3-Clients will be required to trade with JF Apex Securities with cumulative brokerage of RM2,688.00 for Option A and RM7,488.00 for Option B, to be calculated by JF Apex Securities discretion, anytime during the first twelve (12) months starting from the date of signing up of the new trading account.

4-Initial deduction of RM1,200 or RM3,300 will be credited into JF Apex client’s trust account within thirty (30) days upon fulfilling the Terms and Conditions of the promotion failing which the said amount will be forfeited.

BTW,I am not a staff of any stockbroking house.

From the information given by pchan;

I trade online all the time and in active market, I prefer to day trade. I saw on JF Apex webpage that for online trading, the minimum brokerage is RM12.

Lets do some mathematic calculations if I were to subscribe to their incentives of rebates in the form of netbook/notebook ;

RM2688 divided by RM12, I would need to perform 224 transactions.

But I believe I would do more than that in 6 months.

Then after I achieved the 224 transactions which the minimum is RM12, JF Apex would rebates me back my RM1200.

If we minus the RM1200 from the RM2688, the amount would be RM1488.

Then you divide the RM1488 with 224 transactions, the minimum brokerage of each transaction is RM6.64.

ECM Libra is RM12 minimum per transaction but this one would be RM6.64. Plus the netbook/notebook comes with Broadband which I think many new netbook or notebook user would like.

wta - how do we know if the online platform is under nominee service?

Anyone trade with https://www.jupiteronline.com.my/jssbecos/default.asp

they offer the lowest min fee RM10 so far i survey

y don u check out Alliance Bank CASH TRADING ACCOUNT? Rm8 or 0.08% wic ever is higher per counter in a day. im using it. cheap like hell. trade Rm10k only get charged rm8 only. hahaha. bad thg is, i only can trade up to da cash available in my account, no T+3 allowed. but anyway tat is pretty cheap yo. thk tis promotion will run til end of this year. but i hope thy wil prolong the promotion.

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Added on November 15, 2010, 10:19 amusually bank's trading account is under nominee service, it attached to investment bank's license n trade thru investment banks platform. (like CIMB attached to CIMB Investment bank) that is a cost saving way to widen the bank's services.

do u know wat is da bad thg from nominee acc? u wont rec free gift or free voucher from the counters u own. n u cant buy IPO if the trading house is not offering it. bad thgs. gd thgs? save time to do all da div, right issues, online trasfer money from saving to trading account n u can settle all ur bank matter in a bank.

This post has been edited by ys2719: Nov 15 2010, 10:19 AM

quite sucks alliance bank.

i cannot even find wat is their brokerage fee.
https://www.eallianceshare.com.my/aibbecos/Faq/Faq.asp

thanks,....just found out about this...

also, under nominees' accounts, for certain platforms, they will charge you for things like right issues...and so forth

given this, i would prefer direct account cos can apply for IPO

just open an account at Jupiter today!
what i like about Jupiter compared to Maybank (my current trading acc)

1) lower my cost as much as twice!
2) Can open online trading and idle for few hours. currently maybank only allow idle for 5 minute before auto log off. i hate this since sometime when i doing my work it take more than 5 minute and i need to log in back

@xenon_aniki

u go to their office sign the doc?

who is ur remiser?

my remisier is ct chan....

@leongal

can u request ur remiser to sent someone to my office to sign the document?

just call the customer service to request for them to come.....

i didnt specify my remiser. i fact i dont know any remiser there.

@MNet
Yup i take 1 day annual leave to go there. no need to que cos nobody there. the fee of RM10 for CDS account absorbed by them. so my cost only petrol money and carpark (RM5.50).

@leongal
Is remiser is important? im using online trading, so im not sure it is important or not. maybe you can suggest me the remiser name. thanks

yah, i didn't specify my remisier, they just gave me one...

Hi Guys, do you know any online trading system is pure html based? i dun want any system that need to be running on java applet or required to install activex add on. Do suggest me the best system. Thanks.