Hi there, i about to register an account for my stock trading

Just to research around which securities company is the most reliable and best to invest my monetary.
and what type of benefits offer by different of company.

Because there is plenty of stock broking company in our market.

Below is some company recommended by my friends
Maybank
cimbbank
ambank
public bank.

Is that really important to choose the right company, or we are choosing the demisier?

Still a newbie in this field.

Thankyou

just choose the one that u have saving acct with, don't like later can change oso.

Public Bank

Instead go through normal bank which generally is trust account, one can go for investment bank as well which is a direct account.

It is up to anyone choice and convenience and more importantly service that you are getting.

May b u can omit Maybank as there are a lot of complaints frm the lowyat members

Yup, true. Slow connection, server down, high brokerage charges..etc..
My recommendation is RHBInvest, HLEBroking, OSK..
anyway, depend on your convenience..

I do not really recommend a market "newbie" to start by using online trading. I know it is much much easier and cheaper for online trading, but the lack in experience would cost him dearly. Since he is still a newbie, I think it is worth paying the remisier a little more for the extra services. Newbies generally do not know the market that well, so they need guidance and information. At least with a remisier, they can ask questions when in doubt. Rather than clicking by just following feeling, a remisier might come in handy if there is a material change in the company.

Just my 2 cents as I know everyone here has been through the hardship as a newbie

Even though i got online trading account i only use it for checking stock price. I still prefer calling up remisier in case
type wrongly your remisier should responsible for it. Where as if online trading you have to bear the risk keying wrong amount buying / selling too much or less.

Unfortunately, remisier is quite passive. From my experience, my remisier rarely intervene or advise our transaction unless they're asked to. So, it still doesn't makes much differences.

You canot base on remisier tips to do investment. It is very risky. A good remisier doesn;t give any tips i think. They will only give their comment on the stock that you want to buy. If the remisier always call you and give you hot tips better be careful..

I think you misunderstood my meaning. Let me rephrase and add a little example
I am not saying to get "tips" from remisiers. What I am saying is, lets say he wants to buy this stock, A because the price has been plunging. So he thinks it is a good buy because it is "cheap". But what he might not know is the "bad news" that was announced simply because he is a "newbie" and does not check the announcements quite often. So, if he calls up a remisier, the remisier might be able to comment on it and asking him to stay away from that stock because of the "bad news". If he was trading online, no one would be there to advise him and there goes his money.
I think many "newbies" here do not really check the announcements that often, because they do not even know where to check for these stuffs!
Having a remisier is also good as the "newbies" can ask questions when they do not understand. After all, they are paid to do that.

Just my 2 cents

I wholeheartedly support and agree to Jordy's comments. Newbies to stock market should never do any transaction online until the get a basic grasp of the stock market in general. A remisier/broker can be depended on advice, guidance and can solve some question regarding the mechanics of trading. They can also help you monitor stocks and SMS you when your target price are met.

The service you get is definitely worth the extra fees you pay for. At least until you actually know and confident about your trades, stick to a remisier.

Yup. Exactly Before i buy a stock i will discuss with my remisier and do some analysis before get into it.

Careful, do not depend too much on your remisier's "analysis". It's your money, so you should be the one managing it and making the calls. Your remisiers do not lose anything if they make the wrong calls for you.

One thing i like my remisier is he never give any tips. He won recommend you any stock. I will hunt for a stock and ask for his opinion and details that he got. He will give me the info regarding that stock for me to analyse. Quite good rite

This is called professionalisme.

You cannot tell you client which one to buy or sell.

You can only advise and giving out infomation regarding it, and let the customers to decide on their hard-earned money, it is solely customers decision, nobody should interfere with it.

In fact, if remisier or broker is giving tips to customers and tell customers to buy, it is a irresponsible act.

This post has been edited by cherroy: Aug 11 2008, 01:47 PM

I agree. Let the clients do their own homework. He is a remiser, not a financial planner or a registered financial advisor.

i use maybank & HLG security....HLG is better.

I heard Public is famous among the others, and i have registered an acc already. Not bad, other than trade online, u also can call up the reminsier as well. RM30 for registration.

Every firm also can call up the broker not only Public Bank. if compare PBB i prefer HLG.