proton has just issue a recall for its sawi.... confidence drop

Ive actually went to CIMB to talk to my dealer, he said the 8.88 promotion is until end of May only. After that it depends on the management whether want to continue or not but most probably no.

The reason is to "tarik" all those big fish player to cimb to trade.
What he explained is that using Itrade you must have balance of RM10k to buy stock. So let say when u open the account you must deposit Rm10k into it... the next day you bought 6k of stock. Bal RM4k. You cant buy anymore (using that account) unless you depo back RM6k to the account and enjoy the flat RM8.88 rate.

Yes flat 8.88 regardless amount you trade. That's why this promo is more to lure big fish that trade huge amounts.
Clarify more...
The RM10k you put in wont enjoy any interest from the trader's account. This so call trader acct (8.88) is differnet from Itrade. So when you login to itrade you have to select the trader account when buying stock (for 8.88).
Also, what i found out is that we can always switch the stock you buy from trader acct back to ur normal itrade account at RM10 fees...

So... be quick if you want to play some... please dont take all the info i gave for granted make sure you ask the person there to double confirm it... might not know if the dealer just want to lure me ( im small fish only)

This post has been edited by JimJimKC: Apr 14 2008, 11:17 AM

hahah... the dealer told me the process of this account might take up to 2 week but still u have 1 month left for 8.88 rate!!

That is what i was told from the dealer. For transaction like 1mil or so on im wasnt too sure because im not that level yet... maybe concern Cherroy more .


Like i said before try to talk to the officer/dealer again and one more thing. No need to switch from OSK or so on. Myself maintain both OSK and Cimb... mainly trade with Cimb... OSK more on research..