Guys, I do not see any topic for "Trading houses offering withdrawal from EPF for investing in Stock Market"

Last I heard Philip Capital does it.. anyone done it through them? What are their charges right now? Still RM40 per trx?

Nope.. the withdrawal is from A/C 1.. same amount you can withdraw for UT but it is kept in a special account whereby all gains and loss from disposal as well as dividends if ever accrued will go back to your EPF.

I opened one last year but due to the fact that I was misrepresented on the brokerage charges, I closed the account. Maybe its a good avenue for those with fat A/C 1 to take out 20k or so and buy up beaten down blue chip counter..

This post has been edited by Grengo01: Mar 23 2009, 11:17 AM

HOLD - Broker telling you they still have tonnes in their portfolio... you hold.. let them sell first


TRADING BUY - They have tonnes in their portfolio... the price is high... u guys pls buy while I, the fund manager SELL.

NEUTRAL - Who cares.. I have nothing...

OVERWEIGHT - Go on diet la... Brokers think this share can bloat but you flers wont sell so please sell to the brokers.. they want to goreng.

UNDERWEIGHT - needs Appeton weight gain... supposedly got potential.. but Brokers again already goreng so need to UNLOAD.. so asking you guys.. hey its a good share.. BUY BUY...

Have a good evening guys..