Well, after purchasing the 5k worth of shares. You'll have 3 days to pay for them under the Payments tab in the HLeBroking website. If you do not have sufficient cash in your account to pay for that additional 2.5k, HLe will sell the 5k shares at whatsoever market price which you bought to pay for it. Finally, there's no interest charge as you can't borrow money from HLe apart from the 't + 3'

Hope I answered your question. Happy trading!


EDIT: I just explained something that on-site lol. How silly of me..

http://forum.lowyat.net/topic/1039913

This post has been edited by Ireferno: Dec 7 2012, 11:43 AM

It's my pleasure. Glad I could help. Don't hesitate to ask any questions here.

I'm just another bored guy at work with nothing better to do than browse around in LYN and trade my stocks lol



This post has been edited by Ireferno: Dec 7 2012, 12:27 PM

Lol, my office blocks lots of websites..

Fortunately LYN is not one of them
I was not much of a forumer before I started work..

Aren't those information private? And switching to time mode should be able to tell you how much is bought/sold on what time. Institutional investors hold large sums, but I doubt that they're that silly to dump on the market.

And as for news, I get them off a 3rd party application.

Owh, that info is what you need..

Just my 2 cents... It's quite useless..

What you need is research reports from investment banks. I read them every morning!

Brokerage is only charged when a transaction takes place. And at the end of each trading day, you'll receive an email with the breakdown of the fees charged (stamp duty, brokerage and clearing fee)

The total transactions are lumped up together at the end of the day.

In your case, at the end of the day, you'll receive the contract note in your email for 10 lots. Hence, the answer to your question is brokerage is based on per contract.

HLeBroking is really a good broker house. My only complaint is that the moblie trading application for my Android crashes alot.

I now no longer trade on my phone unless really necessary. Computer FTW!

I opened my account for longer than a year as of date. I've not received one phone call from them. Everytime I need something, I call them or email them and my issues get resolved within 10mins. Service is great!

No idea on that sorry, but when I did mine, I just created a CDS account together with the HLeBroking account.

Did some papers which I forgot and sent it to the eBroking branch

Unfortunately they don't have that stop loss facility.

http://klse.i3investor.com/jsp/hti/brokers.jsp

Check out the above page for the best analysis of the brokers in Malaysia.

Check the link I posted. All the info is available there

Hong leong offers 2 types of account. For the 0.1% brokerage, make sure you sign up for the value trade account.
You won't be able to trade with margin with this type of account.

I'm in the process of converting my account to this lol. 0.38% brokerage is really too expensive

My brokerage is Rm8 minimum too! The rate is now 0.1%!