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 Jupiter Securities, online trading

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Kcee
post Feb 27 2010, 11:33 AM

On my way
****
Junior Member
598 posts

Joined: Apr 2009
Dear forum members,

I would like to open an online trading account with Jupiter Securities but I am not able to be at the Jupiter Securities headquarter
to sign the application form. Therefore, I need to sign the form in front of notary public as witness. May I know who is this 'Notary Public'
referrring to? Is Notary Public same as the Commissioner of Oath? Thanks in advance for any helpful reply.
Kcee
post Mar 28 2010, 12:29 PM

On my way
****
Junior Member
598 posts

Joined: Apr 2009
QUOTE(shinchan326 @ Mar 27 2010, 09:31 PM)
u haven explain the trading margin..

btw y the trading margin n trust acc difference are so much??
about rm9xx...
*
Dear Shinchan326, there's difference between the trading margin amount and the trust account amount because certain %
from the trust account had been earmarked for the brokerage fee, contract stamps and other fees. Imagine if you have 50k
in your trust account, and then you trade exactly 50k, where do they deduct the fees for brokerage and etc....? That's the point
for cash upfront account. That's why the trading limit is lower than the total amount in trust account. Nevertheless, you should
not be worried because your total $ is still based on your trust account amount if you need to make full withdrawal.
Kcee
post Aug 4 2010, 09:43 PM

On my way
****
Junior Member
598 posts

Joined: Apr 2009
QUOTE(Darkmage12 @ Aug 4 2010, 08:39 PM)
click traders from cimb is 8.88 per trade
*
But there's a catch to it. RM8.88 per trade.... Let's say if you've keyed in an order in the 1st session,
and your order is partially matched in the 1st session, that's considered 1 trade done. And should the next
part of the order was fully matched in the 2nd session, that will be considered another trade. That's 2 trade altogether.
Well, that's what I've been told by a dealer at CIMB IB. Maybe other forumers can verify this. Anyway, as certain sums of $
are required to be kept at a separate account, which is minimum 10k, and somebody mentioned before that the $ kept in this
account won't earn interest, I think Jupiter Securities still offers the best deal. My opinion though.

 

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