Online Trading, Best online trading platform?
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 Jul 27 2008, 10:55 PM
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#1
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Senior Member
1,120 posts Joined: Jul 2006 
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QUOTE(David83 @ Jul 27 2008, 07:29 PM) CIMB i-trade users, Ermm..hope other broker houses won't follow CIMB in raising minimum brokerage fees.Kindly take note: Please take note that minimum brokerage has been revised to RM28.  Currently im using RHBInvest.  |
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Aug 3 2008, 03:00 PM
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#2
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Senior Member
1,120 posts Joined: Jul 2006
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QUOTE(David83 @ Aug 1 2008, 09:37 PM) I still don't get it. After sold off your shares, the money will deposited back into your trust account.Let say, I transferred money from Maybank using the secured channel in the online trading system. Then I bought some share from some counter. I should settle that amount under e-Settlement right? After that, let's say that I want to sell them out. Where's the money will be located after the sale? Do I need to the Withdraw as stated in the earlier post? Sorry as I'm very new to this. Please enlighten me. Thank you.  In case, you need to withdraw your money you can follow cash withdrawal process. QUOTE(deity01 @ Aug 2 2008, 01:25 PM) y no one consider public bank or public investment bank? Is it relate to unit trust fund?Public Mutual? QUOTE(gilabola @ Aug 2 2008, 10:24 PM) For cash upfront online trading, we normally need to deposit money into a so-called trust account. Was wondering if our money is protected in the event the stockbroker goes bust... anyone has an idea on this? Post from lklatmy:As for the money in trust account,if the money is gone,the broking house has committed a very serious offence-Criminal breach of trust.Nevertheless,that does not in anyway help you to get back your money,but you can claim from the Bursa Compensation fund and again,this will be a lenghty process. |
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