What happens when say, we have 1K in our trading account, and some portion is used to buy shares? Hence the cash will fall below 1K right?

So do we need to top up till 1K? Or the shares value will be taken into consideration also?

Thanks..

you meant margin financing or what? you do not need to topup if you have enough money to cover ur purchase

Hmm say I put 1K in my trading account, and Rm500 is used to buy shares, so now I got RM500 cash and RM500 worth of shares, if we ignore the fees etc.. So means considered I got 1K in my account? Or need to top up RM500 cash?

And one more thing, same example as above, but taken into consideration the FEES charged, cash will surely be less that RM500, so need to top up?

Am really new here, hope all SIFUS can guide me..

Thank you..

Why do you need to topup? You don't owe them anything

Haha well isn't the minimum balance to have in a trading account is RM1K??

Confused..

it depends on investment house .... some dont require any upfront cash.

Any good online investment broker to recommend besides Hong Leong?

Thank you..

those banking one, ie. maybank usually requires upfront cash...


user of apex

do osk188 required any deposit before can start trading online for new account?

not sure on that , any osk user wanna elaborate on it?

osk i not sure cos i got shares inside anyway osk is quite good same as to hwang dbs

For OSK, initially needs some deposit and the broker might ask you to put in the same amount in the trading account before you buy. But after a couple of transaction, they won't mind your account not having the amount required as long as you can settle on T + 3.

True also cos i usually do contra

All beginners,learn about value investing.Read my blog.

Do you need a holiday from here?

Hi guys tumpang thread, I'm new too and plan to invest. So I read up this thread and it's very informative, but there's something I don't quite understand above.

What is 3.32/10 lots?
Then 3.30 of 100 lots?

Cheers.

Price / quantity of shares bid/ask(buy/sell)

Let say I want to buy a stock price at 5.00.

1) I only have RM 1k, can I still buy that stock?
2) How about with RM 5k and 10k?

1) Yes, you can buy 100 shares or 1 lot of the RM5.00 counter. But make sure you tell the remisier/broker is 100 shares instead of saying 1 lots because some brokers still have the thinking 1 lot = 1000 shares. Reasone you can't buy 200 shares is because there are other charges which comes with the purchase.

2) You can buy any amount as long as you have the cash to pay for it. but minimum is 100 shares.


My advise is to not buy shares if you only have RM1 k in hand. Mainly because the charges on top of purchasing price will already kill you when you buy such a small amount.

I'm beginner and trading using OSK188 , everytimes after I buy share , after few day , the bank remiser will ask me want "pick up" the share or not .

May i know what is the meaning of "pick up" ? What different between "pick up" and no "pick up" ?

Thank you