QUOTE(twhong_91 @ Nov 5 2011, 10:55 AM)
How about the 0.38% brokerage fees?
And, what is Paperwork on corporate exercise? Because according to this website,
http://1-million-dollar-blog.com/compariso...es-cds-account/direct CDS account holders have to handle the paperwork on corporate exercise.

If u buy 100 units x RM 1 then you pay RM 100 + RM 12 minimum because RM 100 x0.38% is less than RM 12.
If you buy 10000 units x RM 1 then you pay RM 10,000 + RM (10,000 x0.38%) = RM 10,038
Basically if you buy less than RM 3,158, then you have to pay minimum RM 12, above the amount then you get to calculate your brokerage rate.
And also you need to pay clearing fee of 0.03% plus stamp duty of RM 1 for every multiples RM 1,000 trade.
So back to the example, if you purchase 100 units x RM 1 stock, then you have to pay the fees below
Brokerage = RM 100 x 0.38% = RM 0.38 , but since it is less than RM 12, you must pay RM 12
Clearing Fee = RM 100 x 0.03% = RM 0.03
Stamp duty = RM 1 for every multiple RM 1,000 trade, since you figure is < RM 1000, so you pay the minimum RM 1
Total fees = RM 12 + 0.03 + 1 = RM 13.03, so you have a pay a total of RM 100 (share)+ RM 13.03 (fees) = RM 113.03
Remember you pay the fees for BUYING and also SELLING.

Generally to minimize fees, you need to trade at minimum of RM 3k per purchase.