Online Trading, Best online trading platform?
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 Mar 17 2008, 01:16 PM
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#1
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Senior Member
2,148 posts Joined: Nov 2007 
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Account that you open with HLe is a nominee account. For withdrawal you need to send a message through thier trading website online, money will be transfered to your bank account that you first registered with them within 1-2 days.
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Nov 3 2008, 05:20 PM
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#2
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Senior Member
2,148 posts Joined: Nov 2007
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QUOTE(jimmyay @ Nov 3 2008, 05:12 PM) If i trade online using HLB today.....then how do i change to OSK in the future? Different online software provide different tools, right? See below...been explained.What do i need to do? Is there a difference when i use nominee account or direct account?  http://forum.lowyat.net/index.php?showtopi...&#entry19468989 |
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Nov 5 2008, 03:57 PM
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#3
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Senior Member
2,148 posts Joined: Nov 2007
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QUOTE(Vivato @ Nov 4 2008, 08:59 PM) 1 noob questions IF is cash account, T+3 (Transaction + 3 days) you need to pay the balance outstanding, in this case you got to settle RM1000 on T+3 if you are not selling.How long can i hold the used margin before i need to pay back? eg: i have rm1000 in account and uses it to buy shares worth rm2000. When do i need to top-up rm1000 if i don't plan to sell the share? _______________________ just started stock trading last last week using HLebroking service. Still a lot things haven't understand. |
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Jan 9 2009, 03:22 PM
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#4
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Senior Member
2,148 posts Joined: Nov 2007
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QUOTE(T_flash @ Jan 9 2009, 02:33 PM) Meaning borrowing money to trade?? rather than pay for what you buy?? Own money of cource is non margin account. If I want to buy stocks, and pay with my own money, which one do I goto? margin or non margin?? Can anyone define both terms please? Margin account mean FI allows you to trade 2X or 3X of your collateral in the form of shares, cash or FD. They charge base on BLR+% on your trade amounts. In the case you hit "margin call" when mkt turn south, you will need to top up more collateral else they will force sell. |
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