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 OSK188, opening trading account

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biatche
post Oct 14 2008, 03:20 PM

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anyone here wish to learn together, please respond ... please click on my profile and add me to msn.... i am completely new

also, can someone tell me how i can buy shares? i have an osk online account now, and all my money is in my maybank... what should i do
hsiengloong
post Oct 14 2008, 03:38 PM

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QUOTE(biatche @ Oct 14 2008, 04:20 PM)
anyone here wish to learn together, please respond ... please click on my profile and add me to msn.... i am completely new

also, can someone tell me how i can buy shares? i have an osk online account now, and all my money is in my maybank... what should i do
*
Can guide me how you open an OSK 188 account?i'm interested to open 1 too... You got any agent or broker?
feralee
post Oct 14 2008, 03:41 PM

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go to www.osk188.com

click register

later got somebody will call u to open CDS account
u need to pay RM10 icon_rolleyes.gif
alien0110
post Oct 14 2008, 03:43 PM

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QUOTE(feralee @ Oct 14 2008, 03:41 PM)
go to www.osk188.com

click register

later got somebody will call u to open CDS account
u need to pay RM10  icon_rolleyes.gif
*
No need go osk188.com register, the online one is for internet account. Just go to the nearest branch to register, very fast only.
hsiengloong
post Oct 14 2008, 03:54 PM

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Yalor, i'm interested in an online account. Cheaper also..tongue.gif

Summore the nearest OSK bracch is quite far from me (Sunway)
biatche
post Oct 14 2008, 03:54 PM

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my local branch does not do online trading... maybe cos im from a small town. so better register online
skiddtrader
post Oct 14 2008, 05:05 PM

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QUOTE(biatche @ Oct 14 2008, 03:54 PM)
my local branch does not do online trading... maybe cos im from a small town. so better register online
*
I will again remind that, unless you are well versed in the stock market and the influences and teaching and advise from experienced people, DO NOT get an online account. Instead rely on brokers and remisiers to walk you through the experience as you go along. Still up to you though so this is all I can say.
hsiengloong
post Oct 14 2008, 06:23 PM

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Thanks for the advice Skitrader. After reading your post, i think i will get a remisier to handle my portfolio as i'm still consider a newbie..

anyhow, i will get an online trading account for real time purposes & also if i'm overseas smile.gif

Just wondering, to open an non-online acccout, i need to drop by an OSK branch?
! Love Money
post Oct 14 2008, 06:24 PM

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that is wat i want actually in dealing with broker but the disadvantage is the broker fees is very expensive as compared to online account...since everyone here is interested in OSK i m very sure that this is a reputatable as well as trusted company...
so i m keen to know which company suits me if i wan a cheaper alternative... my last option is only 2, OSK/CIMB

thanks & regards notworthy.gif


Added on October 14, 2008, 6:26 pm
QUOTE(hsiengloong @ Oct 14 2008, 06:23 PM)
Thanks for the advice Skitrader. After reading your post, i think i will get a remisier to handle my portfolio as i'm still consider a newbie..

anyhow, i will get an online trading account for real time purposes & also if i'm overseas smile.gif

Just wondering, to open an non-online acccout, i need to drop by an OSK branch?
*
i think no gua hmm.gif someone has mentioned b4 that all u need is go through their website to register and later the agent will call u to pay the registration fee of just rm10 only... nod.gif

This post has been edited by ! Love Money: Oct 14 2008, 06:26 PM
hsiengloong
post Oct 14 2008, 06:29 PM

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I heard tat CIMB is not tha good in its real time as compared to OSK..not sure bout thaut.

BTW, i tot to open an non-online account need to drop by their branch? no need? Can anyone confirm..

Thanks ya
! Love Money
post Oct 14 2008, 09:42 PM

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blink.gif normally investor will directly call to the broker using the communication services i.e phone which is available 24 hours a day 7 days a week... if the broker is always on-call lar tongue.gif
hsiengloong
post Oct 15 2008, 11:08 AM

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Yalar, if like that then pay higher commision charges plus it defeats the purpose of having online transaction dy hehe
skiddtrader
post Oct 15 2008, 11:38 AM

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The last time I registered, I dropped by their office with RM10 and filled up their form.

Then I went to meet my future broker and have a short chat about what I want to invest or trade in and whether I like fast moving or slow moving stocks.

The broker gave me a lists of accounts under Maybank, Public Bank and CIMB to bank in to OSK.

The forms also activates my online account but the rates is still same as remisier.

Only if you register under Online only would you get the online rates I believe. Not too sure about that.
hsiengloong
post Oct 15 2008, 11:59 AM

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IC.. hows your broker? Got good tips and advice?

If he's good, hopefully you can recommend him to me then if ya don mind.

Thanks ya... BTW, what bracch are you in? I plan to drop by the SS2 branch later on...
! Love Money
post Oct 15 2008, 12:15 PM

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so u decided to open a trading acc rather than online? later pls leave some feedback yea~. thanks icon_rolleyes.gif
skiddtrader
post Oct 15 2008, 12:22 PM

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QUOTE(hsiengloong @ Oct 15 2008, 11:59 AM)
IC.. hows your broker? Got good tips and advice?

If he's good, hopefully you can recommend him to me then if ya don mind.

Thanks ya... BTW, what bracch are you in? I plan to drop by the SS2 branch later on...
*
I registered in Malacca. She is not working in OSK anymore.

Unfortunately, tips she didn't tell me because I told her I wasn't interested, but sound advice was given especially when the market turned sour in Feb 07 and August I think. Advised me not to sell off at the bottom when I called her, and as she predicted the market recovered higher following days and I sold with minimum loss, but could've been better if I didn't insist on selling the following days.

I guess I vouched for brokers because when the market is confusing you with SELL or BUY thoughts, they are the voice of reason behind the commotion. At least that's my experience, can't say if other people's experiences are like that. But for me when I was LESS immune to the market emotions, they can be the voice of reason to set your thinking straight.

Like I said, when you are new and inexperience in having a lot of money in the markets that cause you to have an emotional roller-coaster rides, it's better to get a reliable broker rather than an online account immediately. An online account does not tell you reason or offer you choices, it is your slave doing whatever you ask it to do regardless if your decision was obviously stupid or erroneous.

It's better if you have someone in your family experience in the market that you can sought advice, like your dad/mom or uncle/aunt. At least you don't feel embarrassed to ask some questions that you may think is too 'noobish' to the ask the broker. At the end of the day it's your money, and you can do whatever you wish to it. So if you value your money, then forget about your ego and ask every question to the broker even if you think it is stupid. At least you can know if the broker is reliable or not answering your queries.
feralee
post Oct 15 2008, 12:32 PM

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QUOTE(hsiengloong @ Oct 15 2008, 11:59 AM)
IC.. hows your broker? Got good tips and advice?

If he's good, hopefully you can recommend him to me then if ya don mind.

Thanks ya... BTW, what bracch are you in? I plan to drop by the SS2 branch later on...
*
SS2
got many leng lui ooo
laugh.gif
ante5k
post Oct 15 2008, 12:45 PM

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Are there membership fees and charges?
There are no charges to open a trading account except RM10.00 received by Bursa Malaysia Depository (BMD) for opening a CDS account. However, as a member of OSK188, kindly refers to OSK188's subscription pacakages.

anyone know what are the other fees?
hsiengloong
post Oct 15 2008, 01:04 PM

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QUOTE(skiddtrader @ Oct 15 2008, 01:22 PM)
I registered in Malacca. She is not working in OSK anymore.

Unfortunately, tips she didn't tell me because I told her I wasn't interested, but sound advice was given especially when the market turned sour in Feb 07 and August I think. Advised me not to sell off at the bottom when I called her, and as she predicted the market recovered higher following days and I sold with minimum loss, but could've been better if I didn't insist on selling the following days.

I guess I vouched for brokers because when the market is confusing you with SELL or BUY thoughts, they are the voice of reason behind the commotion. At least that's my experience, can't say if other people's experiences are like that. But for me when I was LESS immune to the market emotions, they can be the voice of reason to set your thinking straight.

Like I said, when you are new and inexperience in having a lot of money in the markets that cause you to have an emotional roller-coaster rides, it's better to get a reliable broker rather than an online account immediately. An online account does not tell you reason or offer you choices, it is your slave doing whatever you ask it to do regardless if your decision was obviously stupid or erroneous.

It's better if you have someone in your family experience in the market that you can sought advice, like your dad/mom or uncle/aunt. At least you don't feel embarrassed to ask some questions that you may think is too 'noobish' to the ask the broker. At the end of the day it's your money, and you can do whatever you wish to it. So if you value your money, then forget about your ego and ask every question to the broker even if you think it is stupid. At least you can know if the broker is reliable or not answering your queries.
*
Thanks for the advice.. Really good especially for noobs like me hehhe thumbup.gif

Yes, after reading what you have mentioned, i'll choose a broker rather than losing more of my hard earned money...

Thanks for the tip once again. Here's your virtual beer *cheers*
skiddtrader
post Oct 15 2008, 01:21 PM

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QUOTE(hsiengloong @ Oct 15 2008, 01:04 PM)
Thanks for the advice.. Really good especially for noobs like me hehhe  thumbup.gif

Yes, after reading what you have mentioned, i'll choose a broker rather than losing more of my hard earned money...

Thanks for the tip once again. Here's your virtual beer *cheers*
*
*Cheers*


Added on October 15, 2008, 1:25 pm
QUOTE(ante5k @ Oct 15 2008, 12:45 PM)
Are there membership fees and charges?
  There are no charges to open a trading account except RM10.00 received by Bursa Malaysia Depository (BMD) for opening a CDS account.  However, as a member of OSK188, kindly refers to OSK188's subscription pacakages.

anyone know what are the other fees?
*
As far as I know, if you want more full or complete package you will need to pay a certain fee. I'm not subscribe to any of those.

The free package that comes when you register is the one I'm using. I think there is quite some other features available to subscribe to, but I think those if you need then subscribe. I heard if your transaction exceeds a certain amount a month, the subscribtion is free. Better ask the OSK people about this.

This post has been edited by skiddtrader: Oct 15 2008, 01:25 PM

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