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 Jupiter Securities, online trading

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topearn
post Sep 21 2013, 05:25 PM

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QUOTE(koinibler @ Jul 3 2013, 01:35 PM)
Thanks for the Product Disclosure Sheet.
Since its RM6/order, so for my style of trading,
jupiter still has a better rate of 0.1%/contract or RM10/contract
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How can RM10/order or 0.1%/contract whichever is larger is better than Amesecurities of just RM6/order or 0.035%/contract ? Your Maths given back to your Maths teacher already ?

Say U buy $15,000 worth of stock,
Jupiter u pay RM15 brokerage
Amesecuritied U pay just RM6 brokerage

for $20,000 trade
Jupiter U pat RM20
Amesecurities, just RM7




topearn
post Sep 21 2013, 05:33 PM

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QUOTE(MNet @ Jun 30 2013, 12:16 PM)
I'd move to ambank securities brokerage fee rm6 only
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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

topearn
post Sep 21 2013, 06:40 PM

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QUOTE(ronnie @ Sep 21 2013, 05:38 PM)
Jupiter based on the full amount in Trust Account used to buy one stock + associated fees/charges
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I'm replying to MNet about ambank securities, so I need info on ambank securities and not Jupiter. Anyway, I should not discuss ambank securities here and I've msg MNet about ambank securities since MNet is using ambank securities now.

topearn
post Sep 21 2013, 06:43 PM

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QUOTE(ronnie @ Sep 21 2013, 05:38 PM)
Jupiter based on the full amount in Trust Account used to buy one stock + associated fees/charges
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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 ?

topearn
post Sep 21 2013, 06:57 PM

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QUOTE(ronnie @ Sep 21 2013, 06:49 PM)
AmeSecurities are very "sneaky" on their Trading Limit.
If your trade > amount in Trading Limit, you will be charged 0.35% brokerage fee

Eg.
Trading Limit : RM10000
Stock Purchase + Fees : RM10050 (you will be charged 0.35% brokerage instead of RM6).

Make sure you calculate before hand how much fees you need to pay.
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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.

topearn
post Sep 22 2013, 11:43 AM

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QUOTE(koinibler @ Sep 22 2013, 09:33 AM)
From the PHS, its mention about fee per order.
That different from fee per contract of jupiter. So, its depend on style of selling/buying, then can only decide which one is more chepaer.

Since I like to separate my buying for several transaction across the day, so jupiter rate still is cheaper
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I understand the difference bet Jupiter and Am Securities, thanks to the few sifu who has kindly posted thier replies here.
If we just do 1 trade in a certain counter for the same day, say MAS, then Am Securites is cheaper cos only RM6, but if we have a few trades in the same day of the same counter, say MAS - I buy 10 lots at 10am, then buy another 20 lots at 11am and buy another 10 lots at 3pm, then Jupiter only charge RM10, whereas Am Securities will charge 3 x RM6 = RM18; so Jupiter is cheaper.



topearn
post Sep 23 2013, 01:28 PM

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QUOTE(koinibler @ Sep 23 2013, 08:24 AM)
glad that you understand.
I'm afraid too if my teacher want to take her math back!  biggrin.gif
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No need to be afraid, no teacher will do that. It's all up to U whether U want to give back to her (i.e. U did not practice in your daily life but just rely on your calculator whenever U have a mathematical problem to solve).

topearn
post Feb 4 2015, 02:43 PM

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QUOTE(MNet @ Feb 2 2015, 01:39 PM)
what different between islamic and non?

islamic acc cannot buy genting?
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On a side note, U should change your avatar since it shows a girl and U don't want others to think U're a girl.


 

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