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 Jupiter Securities, online trading

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gilabola
post Aug 2 2008, 10:27 PM

On my way
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Senior Member
669 posts

Joined: Jan 2005


I noticed that jupiter online's online trading solution is exactly like rhbinvests's. Must be provided by the same IT vendor
gilabola
post Mar 14 2009, 01:08 AM

On my way
****
Senior Member
669 posts

Joined: Jan 2005


QUOTE(Soulsareworthless @ Mar 10 2009, 08:05 PM)
If I'm using HwangDBS now, how to transfer to Jupiter?
*
You'll need to open a trading account as well as a new CDS account under Jupiter. Then you'll have to go to HwangDBS to do a CDS transfer from Hwang to Jupiter. You'll have to pay RM10 for every counter that you transfer.

If i am not mistaken, Jupiter will re-imburse you for only 5 counters... so if you transfer 15 counters, you'll have to pay RM 100 on your own, and Jupiter will pay RM50. So it's not really "zero moving cost"
gilabola
post Apr 18 2009, 09:10 AM

On my way
****
Senior Member
669 posts

Joined: Jan 2005


Yup.. the brokerage fee has doubled for trades below 50k. cry.gif

They've also reduced the interest for money kept in the trust account. cry.gif

The alternative for small trades seems to be HLE, which charges RM 12 per trade compared to Jupiters new rate of RM 10.

Looks like even with the price increase, Jupiter is still the cheapest...


 

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