Look at the bombshell I got from Jupiter. 

So apparently, what I understand from this email is that if you buy shares and hold them for more
than six months without executing any other trade thereafter, then your account would be deemed inactive.

And if you want to continue using the online trading platform, you would have to execute a matching
RM10K trade within 10 days (7 working days). Otherwise, should the deadline lapse, you would have
to pay RM300 to reactivate the trading account for a 6-month period (and every 6 months thereafter I presume?).

All the while, I thought using the online trading with Jupiter was free, even if the trading account is inactive.
Besides, it's not because I don't want to trade, it's just that the orders don't match.
I do log into the trading platform almost every single market day.

Now, this has left a sour taste in my mouth for the following reasons:

1) No information on account inactivity was found on the FAQs on Jupiter's webite.

2) No information on account inactivity was found on the signup Terms and Agreement specifically stating the 6-month inactivity clause.

3) The fact that I have to pay RM300  to "reactivate" what is supposedly "free".

4) The relatively short notification time of around what, 10 days?

5) The relatively high contract value of RM10K needed to "reactivate" and thus extend the lifespan of the trading account.

Therefore, can representatives of Jupiter comment on the rationale for this clause
and correct me if I'm wrong in some assumptions?

Payment to Jupiter Securities Sdn Bhd for upfront payment, settlement of purchase contract, contra losses and other charges can be made to our account at the following banks:

i. Maybank A/C No  : 514347208860 
ii. HSBC Bank A/C No  : 301-695953-103 
iii. CIMB Bank A/C No  : 1417-0014167-05-5 
iv. RHB Bank A/C No  : 2-14343-0000484-6 
v. Public Bank A/C No  : 3116671709 
vi. Hong Leong Bank A/C No  : 33100009252 

I'd move to ambank securities brokerage fee rm6 only

and how long 0.035% brokerage fee on ambank? 1 month too?

Great. I started using thier serivce fo my 1st on9 trading on Sep6 and I just do not understand how my Trading Limit was computed. Hope U can help

Great. I started using thier serivce fo my 1st on9 trading on Sep6 and I just do not understand how my Trading Limit was computed. Hope U can help

So U're saying if I've deposited say RM50,000 in Jupiter's Trust Ac and I bought a stock costing RM30,000(incl all the brokerage, stamping n clearing expenses), I would now only have RM20,000 left to buy more stocks ?

My worry is there could be some mistake in my Trading Limit. I deposited RM42,000 and have bought RM41,000 in 8 trades over a period of about 2 weeks but my trading limit now is RM32,000. By right, it should only be RM1,000. I'm using cash upfront.

Hi, I have a question. Let's say I buy 2 lot of a counter now. Then, later on, I add another 1 lot to the order. Do I get charge for the commission for twice?

Thanks

Okay. So, even the first order has been executed, only one brokerage fee will be charged for the same counter. Is that correct?

86.72 is your TRADING LIMIT

U deposit RM100

If they let u buy RM100 worth of stocks, who's gonna pay the brokerage and other fees???

Difference between trading limit and account balance is to cover the fees.

Ur account balance will be zero now, by next day u will see your RM100

I transferred rm4000 to my trading account via online bill payment. However my trading limit only rm3975.80. How much %do they charge to transfer money to our accounts?

So, apa broker to rekomen?