im with TA, want to ask is the broker overcharging me at RM40 per transaction when i sold 100 shares of KNM just worth RM80?

No, they are not overcharging. Minimum charges for any transaction can be from RM12 for online (no assistance) to RM40 for broker assist.

Which is why it is important to know that your profits is enough to cover your minimum brokerages.

Your total transaction of RM80 will incur the minimum charges for sure whether if its RM12 or RM40.

then the broker give me misleading info since he says both same charges!!!

Why not learn to trade online?

i just applied with him, he told me that its the same charges, the old fox!

Different brokers got different charges. I'm not sure how much TA us charging, but if you can check to see if they charge differently for their online transaction from their website or something.

nope its not mention in the website

i'm trading with maybank2u.com.my, n the brokerage fee is rm40..
n i don't know there's a brokerage fee of rm28 for online trading,
can i switch to the rm28 brokerage fee??
n what's the difference between the 2 different pricing??

This post has been edited by ~JK~: Sep 20 2010, 05:05 PM

waah, u waking up old thread.
M2U got promotions for online trading, 0.1%, min rm8

good ma.. cannot sleep too much, if not really die away..

does it means that my brokerage fee of rm40 = i'm trading through remisier??
how do i switch to online trading then??

n what's the difference between online trading n through remisier??

Its official, the new online trading rate from JF Apex Securities;

RM12 Flat for Intra Day Trades per Contract

Minimum RM5K deposit with multiplier

For more information, visit ; http://www.apexetrade.com/bin/home.asp


--------------------------------------------------------------------------------
Added on September 23, 2010, 10:43 amQuotes from KLAW on 14th September 2009 at 1:10am.

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.





Attached thumbnail(s)

non intraday is what rate ?

how to register there ? i dont see anything resembling it on the website

I called them to check on their E-Trade on the Go promotion, they informed me that the brokerage is;

Non Day Trade : minimum RM28.

I am thinking about signing with them for this package ;

http://forum.lowyat.net/topic/1261185/+100


On 22nd September 2010, JF Apex Securities has launched the following E-Trade on the Go. The details of the promotion as per the following(applicable to both existing and newly signed up client) ;

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.

hi,

Im newbie in stock market. I just open an CSD account. But i realised that trading can do thru remiser or online. Please advise which 1 better. thks.

Maria,

Theres pros and cons in online trading and remisier trading;

Online Trading
Pros;

Lower brokerage rates

(I copied from klaw remark on Apex-etrade)

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.

Cons :-

You need good internet connections.

Remisier Trading

Pros

-since you are a newbie, the remisier can give you lessons on trading and recomendation on types of stock that is suitable to your risk appetite.
-Take care of your portfolio like you can always tell the remisier when to sell or hold and the remisier will monitor for you.

Cons
-Expensive brokerage fees

... other than that I think your first step is to attend some classes on stock trading.
it will help to jumptstart the right way.
I attended the classes after I had started trading and I had regreted that.
I should had invested on the classes first.
Thank yo
Good Luck

where i can attend those classes??
where to register?

I would like to know too.

newbie here.. i also wish to attend but is it FOC?

---

Added on January 11, 2011, 1:57 pmrosdi.. mcm sifu at here.. PLUS can go in ma rite now?

This post has been edited by ngkhanmein: Jan 11 2011, 01:57 PM

i also new and haven't really attend any talk on stock (i suppose cheaper we learnt by ourself?)
But jupiter security got free newbie course, but only useful if you using their system