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 Online Trading, Best online trading platform?

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SKY 1809
post Nov 10 2008, 02:12 PM

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QUOTE(David83 @ Nov 10 2008, 08:52 AM)
CIMB i-trade has roughly the same rate but the min fee is RM 28:

Fee Minimum RM28/0.42% +RM1/1000 Stamp Duty +0.03 Bursa Cost
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Hi David,

I am using CIMB internet banking right now. And may want to use CIMB i trade . They are having 8.88 promotion right down.

RM 10,000 as min deposit ? No phones will be entertained ? ( My mobile 3G data always got problem to access )

Can you guide me how to open up an account with them. Shall I go personally to a branch near by or what.

10Q.

This post has been edited by SKY 1809: Nov 10 2008, 02:20 PM
SKY 1809
post Nov 10 2008, 08:17 PM

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QUOTE(David83 @ Nov 10 2008, 08:09 PM)
No need to go to the branch.

To open an online trading account, go to http://www.itradecimb.com/bin/home.asp

Then click on Sign Up>Individual Online Registration. This will allow access to the trading platform but cannot trade.

In order to trade, you need to open a trust account with them. Right after you finished with the Individual Online Registration, it'll guide you to print a set of forms. Fill Fill them and submit to the CIMB Securities.
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Thank you David,

But they demand 10K deposit, right ? For 10K, i would rather buy more lots of Huaan, then to keep as deposit.

The other thing, selling could be a problem, bcos when I am outside, my celcom 3G data USB could not log in to Celcom at all. They do not allow selling by phone calls.

Anyway, thanks a lot.

This post has been edited by SKY 1809: Nov 10 2008, 08:18 PM
SKY 1809
post Aug 10 2009, 01:06 PM

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If you trade through brokers indirectly ( without CDS acc on your own ),

you have to take your own risks if that broker goes bust ( just in case ).

banks would be quite safe to carry out such deals.

Need to protect your money well.

 

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