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 Online trading with i*Trade@CIMB, Trading using i*Trade@CIMB? join here.

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AVFAN
post Aug 16 2020, 09:53 AM

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QUOTE(james.6831 @ Aug 15 2020, 11:12 PM)
how to change to trade beyond? wahlao my brokerage still 0.42%...and I don't even use margin financing zzz waterfish
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QUOTE(LA773 @ Aug 16 2020, 12:57 AM)
Tq bro, i'll change next week.
Been using itrade past 2-3 mths with active trading 😭
With trade beyond can save 200-300% fee
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quickly contact yr remisier, change!

if u trade a lot, u save a lot... 0.4% or 0.21 vs 0.1/0.09/0.08 when u hit target(s).

for counters with contract stamp 0.1% waiver, the net effect is huge.
https://www.bursamalaysia.com/trade/our_pro..._exemption_list

margin financing... i rather not use it.
AVFAN
post Aug 17 2020, 11:08 AM

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QUOTE(LA773 @ Aug 17 2020, 10:46 AM)
But i hv usd currency in my acc
Even incase not hv usd currency, the triggering to submit the fea form should ask me to fill in earlier, rather than after the ezpire date ans i kena fine?
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bro, this is urgent la...

dun waste time asking here, call yr remisier if it is not too late to fix.
AVFAN
post Nov 15 2020, 04:12 PM

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QUOTE(LKY_94 @ Nov 15 2020, 02:23 PM)
Hi Guys, May i know that cimb itrade currently brokerage is how much my one is 0.4% minimum Rm12. But i saw my friend one is 0.08% minimum Rm8.
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there r many types.

u r using the regular type, has certain privileges.

yr fren using tradebeyond and has gone past rm2 mil turnover.

u can talk to them, ask and change, not difficult.
AVFAN
post Dec 29 2020, 09:35 PM

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QUOTE(Hou_JaI @ Dec 8 2020, 11:10 AM)
newbie question here. lets say i am selling share valued at rm 10k, how much brokerage fee, handling fees etc will be charge? my stock is from NASDAQ.
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foreign exchanges, very expensive to use cimb.

rm10k is only <$2.5k... min is $8k.... so u pay min brokerage for that.

ask the broker for details.

QUOTE(noisyarsenic @ Dec 25 2020, 01:44 AM)
Hi, as of late I was charged foreign dividend handling fee @ 10 sgd for a Sg Stocks I’m holding. I make sure to check for every tax, transaction fee etc with my remisier before I made the plunge, so needless to say, I’m quite shock with the extra charges. Through my repeated confirmation with my remisier, I was told this is a joint fixed charge by local and foreign brokerage, and although I can increase my position in the stock to reduce the impact of the charge, I would like to ask whether this is a thing with other trading platform in malaysia also or just something happening with iTrade only.
Tq in advance for the clarification on this issue from all the sifus here. m(_ _)m
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yes, SGD10 is std for every sg div handling, whatever the amount.

becos bank negara does not allow foreign brokers to operate here, FX controls.

most like cimb collaborate to use their overseas partners... in sg, hk, new york.

cost u more, a lot more.

AVFAN
post Dec 31 2020, 11:07 AM

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QUOTE(labtec @ Dec 31 2020, 10:05 AM)
is it only SG dividend will be charged? how about USA dividend?
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US stocks, $10.
AVFAN
post Dec 31 2020, 04:02 PM

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QUOTE(labtec @ Dec 31 2020, 02:24 PM)
this is expansive.... one stock $10... 5 stocks $50 already... then one year got 4 quaters…  doh.gif
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for USA stock dividends, lagi ada withholding tax 30%. biggrin.gif

seriously, forget it if u want to buy small amounts or buy/sell frequently.

u will be working for CIMB only.
AVFAN
post Jan 24 2021, 11:45 AM

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QUOTE(halotaikor. @ Jan 24 2021, 07:23 AM)
do you notice the the platform is lagging ?

i notice NASDAQ always lagging behind. is this normal ?

with this kind of slowness i dont know if it is practical for day trade.

i have resort to google and etoro for live update.
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foreign data is not real time, 15-20min lag.

to get real time, u need to pay - talk to yr broker/remisier.
AVFAN
post Jan 25 2021, 02:13 PM

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QUOTE(Brico @ Jan 25 2021, 02:02 PM)
I am using cimbitrade at minimum Rm12 and 0.3% for t+2 and 0.01 for intraday. I hv asked for lower rates. Was  told to join Tradebeyond at Rm8 or 0.1%.
Besides this Brokerage rate, what are the key difference?
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less leverage, less int on cash balance.

someone posted a table here:
https://forum.lowyat.net/topic/849298/+2820
AVFAN
post Jan 25 2021, 06:31 PM

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QUOTE(Brico @ Jan 25 2021, 06:09 PM)
Apparently  according to CIMB officer cannot transfer existing shares to Beyond but maintain two accounts.
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can't be.

i moved from "normal" itrade to beyond within 2 days, no hassle.

talk to them again.
AVFAN
post Mar 2 2021, 01:56 PM

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QUOTE(barium @ Mar 2 2021, 10:26 AM)
hi, i sold Alibaba (HKD) on 25th Feb. but until today the fund is still not in my trading account. is this normal?

anyone know how long does it usually takes for the fund from oversea market to be deposited into my trading account ?
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check your bank acc.

if u did not specify correctly when selling, the HKD may be changed to RM and sent to yr bank acc.

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