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 helo,just want to ask, how to enter

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TSqieroxer89
post Oct 20 2008, 08:04 PM, updated 18y ago

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hi,

im new in stock exchange.so i interested to try it.is there any websites that can be trade online? like forex,i use marketiva to trade.minimum to trade in stock exchange?

tq icon_rolleyes.gif
beginner
post Oct 20 2008, 08:38 PM

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refer here for more guides
http://forum.lowyat.net/topic/590947



below is a list of broker quoted from the thread above

Broker:
Maybank - http://www.maybansec.com.my/cms/index.jsp
CIMB Bank - http://www.itradecimb.com/bin/home.asp
Public Bank - https://www.pbsec.com.my/pbswecos/default.asp
Hong Leong Bank - http://www.hlebroking.com/v2/Default.asp
AmBank - http://www.amsecurities.com/
RHB Bank - http://www.rhbinvest.com/rhbinvest/default.asp
Alliance Bank - http://www.eallianceshare.com.my/bin/home.asp
OSK - http://www.osk188.com/index.jsp
Hwang-DBS - http://www.einvest.com.my/nettrade/home/home.asp
Kenanga - http://www.kenwealth.com/bin/home.asp
TA - http://www.taonline.com.my/
JF Apex - http://www.apexetrade.com/bin/home.asp
SJ Securities - http://www.sjsec.com/bin/home.asp
SUSDavid83
post Oct 20 2008, 08:46 PM

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I heard the lowest minimum brokage fee for online trading is offered by HLB.
ante5k
post Oct 20 2008, 09:38 PM

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the minimum is 1 lot = 100 shares.
ckryan
post Oct 20 2008, 11:03 PM

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HLB offers the lowest. RM12 per transaction with no minimum deposit in your account.
zamans98
post Oct 20 2008, 11:14 PM

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yes, open with Hong Leong E-Broking or Hong Leong Bank.

Mine with HLE.

Good platform, Browser Based. Always can login, not like Maybank Toyol2u.com.
rayloo
post Oct 20 2008, 11:14 PM

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I also fed up with my remiser, just follow my instruction to buy or sell and earn 0.7% comm, no advice....heck a standard 2 student also can do it.

The HLB commission RM12 is for all transaction with no limit amount ?

This post has been edited by rayloo: Oct 20 2008, 11:15 PM
zamans98
post Oct 20 2008, 11:23 PM

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QUOTE(rayloo @ Oct 20 2008, 11:14 PM)
I also fed up with my remiser, just follow my instruction to buy or sell and earn 0.7% comm, no advice....heck a standard 2 student also can do it.

The HLB commission RM12 is for all transaction with no limit amount ?
*
Min fee RM12 is just the brokerage fee, but total actual fee is much higher.

Example:

Kimble-WA
Price: 0.005
Lot: 500
Proceeds MYR250.00

Brokerage: 0.42 or MYR12.00 min
Contract Stamp MYR1.00
Clearing Fee : 0.08

Total : 263.08

Fee per transaction, but if you buy-sell the same day, the fee is 0.1%. You can buy-sell the same counter as many you want, it will count as total sale (lot) and total buy (lot) for the day.

So, say you buy sell Kimble WA, buy 500lots, then tell 500lots, then buy again 500 lots, the fees is shared.
darkknight81
post Oct 20 2008, 11:23 PM

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QUOTE(rayloo @ Oct 21 2008, 12:14 AM)
I also fed up with my remiser, just follow my instruction to buy or sell and earn 0.7% comm, no advice....heck a standard 2 student also can do it.

The HLB commission RM12 is for all transaction with no limit amount ?
*
Then too bad for you tongue.gif I think remisier should at least give you some advice regarding the couter that you are entering. For example telling you the risk involve in that particular counter. Let you know the latest updates on that counter. This is their job beside keying the amount of share you are going to buy


dreams_achiever
post Oct 21 2008, 07:44 AM

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QUOTE(zamans98 @ Oct 20 2008, 11:14 PM)
yes, open with Hong Leong  E-Broking or Hong Leong Bank.

Mine with HLE.

Good platform, Browser Based. Always can login, not like Maybank Toyol2u.com.
*
Just for additional information: there are plenty of others brokers that charge RM12 minimum transaction, browser based for eg: RHBInvest, Jupiter, OSK and etc.
It's just you pick those brokers that convenience for u for funding your trading account, withdrawing, etc..
cherroy
post Oct 21 2008, 10:19 AM

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There is exisitng thread on it, please proceed with the old thread.
http://forum.lowyat.net/index.php?showtopi...001&hl=beginner

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