QUOTE(Wavey @ Apr 22 2011, 10:54 AM)
Hi guys, hope u all can help me with a few questions i have :
1) Can i sign up for clicks trader (to enjoy lower rates) and still have a direct CDS a/c (under my own name) ?
2) What if i have an existing Direct CDS a/c with Maybank IB (which is empty), can i use it for cimb iTrade/clicks trader?
3) Can i transfer money from my cimb savings a/c into the trust a/c online thru cimb clicks?
4) Can i transfer money OUT of the trust a/c online into my cimb savings a/c thru cimb clicks? Any charges involved ?
5) What are the other differences between iTrade and Clicks Trader, besides the brokerage fee?
5a) Both iTrade and Clicks Trader can use iPhone to trade?
6)
*noob question* can i place orders overnight (so i don't have to wake up at 8.30amto place the orders) ? can any online trading platforms do this?
Thanks in advance

Hi there
Answer to your questions:
1) Clicks Trader is a Nominee a/c brokerage is RM8.88 or 0.0388% whichever higher, must maintain rm 10k in a/c to enjoy the rate.
2)Your Maybank ac is separate n diff from CIMB a/c. You can have a/c in CIMB, Maybank, OSK, HL etc all separate
3)Definitely, this is the way encouraged all do online we call it eDeposit, all automated. withdrawal from trust also the same if withdraw before 10am it will be in your CIMB bank a/c by 5pm, Free of charge. for trf from clicks trader to SA, just log in to CIMBclick and trf to your own a/c (SA or normal CA)
4)Itrade - personal name, normal brokerage, 3X trading limit for cash and value given for Shares in a/c for trading limit, can trade foreign shares
Clicks trader- Nominees, cash-upfront, no multiple, no value given for shares a/c, only for local markets. in short buy with cash only.
5) you can have both Itrade and clicks trader in one trading platform, just choose the a/c to trade as per needed, Both can trade with Iphone/ipad
6) Not only overnight, we have feature called GTD (good till done) meaning you can key in once and it will be there until done. eg price now is 1.2 you want to buy at 1.05, put in GTD 5/5/11, the order will be automated in everyday until done or until the date set, likewise for sell order.
hope this help
pm for more clarification if needed.
Happy trading
This post has been edited by Remng: Apr 22 2011, 04:36 PM