you use call broker or online one? mine is online

I been using Itrade all the while, I sent them email for enquiry and their staff called me

i think rm28 for buy and sell together

if only buy should be around rm14 minimum (brokerage + stamping + clearing)
same for sell

its good what they dont raise it

This post has been edited by greddym3: Jan 3 2008, 07:46 PM

i don't think so...general consensus is rm 28 per transaction minimum, not including stamp duty etc.

but if you've got one that has min rm 14 per transaction - please let us know - we will all migrate beramai-ramai

This post has been edited by KingRichard: Jan 4 2008, 08:56 AM

still rm14...im not kidding

Confirm? which online portal are you using that got Rm14?

itradecimb

it's upto RM30+/- per transaction for itradecimb, i bought yesterday..it will show brokerage at 13+ when you buy, but you should check the settlement page and see there is a hike in the actual cost you thought you bought it for, it's actually upto RM30 or RM28. ..

i havent tried selling any but im guessing thats going to be the charge anyway for selling too, so its going to be RM56-60 gone..

anyone can confirm this, pls?..

I checked with Maybank

Its Rm 28 for online
Rm 40 for Remisier

So pretty much same with the rest

yup..except for Hong Leong..seems to be RM12, according to another forumer..

I called Maybank just now. Same as what you wrote.

Anywhere got cheaper?

This is in the stock exchange thread.

Yah, this is what i received from HleBroking <Bravo>:-

Dear Valued Customer,

In recognition of your continued support, we are pleased to inform you that our minimum brokerage for online share trading will remain at RM 12. As per our earlier announcement, our intraday rate has been reduced from 0.15% to 0.10% with effect from 2nd January 2008. That means you get lower rates and higher profits when you conduct your online share trading with us.

We would also like to take this opportunity to wish all our valued customers a very Happy New Year. We look forward to serving you better and forging ahead together in this coming year.

Should you require more information do give us a call at 03-2168 1000 or email to helpdesk@hlgs.hongleong.com.my

Regards

HLeBroking

This post has been edited by smartly: Jan 9 2008, 02:22 PM

I spoke to someone from CIMB and they acknowledged Hlebroking's cheaper rate, but they couldnt do much to change theirs for now, as it's a management decision. so its fixed at RM28 for now.

As for Hlebroking, maybe we should all move in hordes there.. then all other banks will bring their rates down..

i feel a bit slow with HLeBroking's system after the annoucement. Not sure whether thier system have been flooded with greate respond from the audience.

I am happy with the hleborking . Transfer money to the online trade also easy using hlbank online banking. Withdraw fund also the same within 2 days from hlebroking to hlbank.

Just called up Apex.. their minimum transaction fee is still at RM12, going up to RM28 probably next week.

looks like HL offers lowest brokerage fee.

hopefully they stay that way. If they switch to minimum $28 after 1-3 months, its like a ploy to attract people to switch to their firm.

I heard that they need to implement the RM28 across (RM40 then internet trade give 30% become Rm28). If HL still giving RM12 then a lot of others investment house will complain to SC. So let wait and see.