Online trading with i*Trade@CIMB, Trading using i*Trade@CIMB? join here.
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 Jan 13 2009, 09:31 AM
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#21
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All Stars
52,874 posts Joined: Jan 2003 
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QUOTE(T_flash @ Jan 13 2009, 09:23 AM) Really?? For i-trade account, you only need RM 1k min in your trust account for first time trading.Then why is CIMB telling me that I would need? so weird.  |
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Jan 14 2009, 04:48 AM
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#22
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(~~5ive~~ @ Jan 14 2009, 12:36 AM) nope...it is 10k min....maintaining 10k only able to get zero brokerage fee The RM 10k min is for Clicks Trader account not i-trade account. It's maintaining RM 10kbalance in the trust with no interest bearing to enjoy 0% brokerage fee . |
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Jan 14 2009, 09:23 PM
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#23
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(~~5ive~~ @ Jan 14 2009, 08:31 PM) My mistake...thought that both is the same... For i-trade, I don't think you need to maintain RM 1k balance in the trust account. Somemore, it is interest bearing too.anyway this is quoted from http://www.itradecimb.com/web/faqAccOpen.asp |
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Jan 14 2009, 09:48 PM
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#24
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(ante5k @ Jan 14 2009, 09:46 PM) so there are two type : click trade & itrade? That would be Direct Trading account if I'm not mistaken.If i want to open one using my own CDS account, i dont want nominee, which one should i get....? my company shifting its payroll to cimb, might as well get one as its convinient money transfre.. Well, to trade with Clicks trade, you need an account from CIMB Investment too. |
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Jan 20 2009, 03:52 AM
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#25
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(T_flash @ Jan 20 2009, 12:20 AM) So with the itrade's account, the deposit account where you transfer money into them to trade, does it accumulate interest?? Thinking if I should transfer my money into it to get interest, rather than in FD Yes and it's credited to your trust account daily (on trading days). |
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Jan 20 2009, 09:53 AM
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#26
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All Stars
52,874 posts Joined: Jan 2003
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Does itrade offer lower fee for intra-day trading?
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Jan 20 2009, 12:30 PM
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#27
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(T_flash @ Jan 20 2009, 11:26 AM) how much interest is it? Didn't publish but somebody mentioned should be a par with FD rates. |
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Jan 20 2009, 09:19 PM
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#28
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(yapbswan @ Jan 20 2009, 04:34 PM) Let me explain the different between clicks trader and i-trade@CIMB Both also subjected to a min fee of RM 28 right? Especially the intra-day trading fee? Am I right?Clicks Trader - park under cimb bank - min deposit 10k for trading (buy/sell) - using cimb clicks (online banking system) to access into share trading platform to do trading - allow internet order only - can trade klse only - no interest for the deposit - trading limit is on one to one basis (trading limit=cash deposit) - brokerage: ZERO during this chinese new year promotion (9 Jan 09 - 8 March 09) - RM8.88 per match for non-promotion period i-trade@CIMB - park under cimb investment bank - min 1k for trading - using i-trade@CIMB share trading platform to do trading - allow internet order and phone order - can trade klse and cross border (US, SIN, HK..) - interest will be given on daily basis - trading limit is 3 times of deposit amount, 2 times of shares - brokerage as usual 0.42% (up to 100k) and 0.15% (day trade) Happy Investing~~ |
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Jan 21 2009, 07:44 AM
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#29
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(yapbswan @ Jan 21 2009, 06:59 AM) Nope, clicks trader is ZERO brokerage now, after promotion, it will becomes RM8.88. So min brokerage now is ZERO and after promotion is RM8.88. I'm asking about i-trade not clicks trader for:QUOTE brokerage as usual 0.42% (up to 100k) and 0.15% (day trade) |
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Jan 21 2009, 10:09 PM
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#30
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All Stars
52,874 posts Joined: Jan 2003
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i-trade with the new trading platform requires Java 1.6 JRE support.
It also has pop-up menus for breakeven calculator, news, order status, report (accouting), settlement, e-deposit, trading (buy/sell/cancel) and etc. |
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Feb 2 2009, 10:39 PM
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#31
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All Stars
52,874 posts Joined: Jan 2003
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So far, I'm quite satisfied with CIMB i-trade - the only trading platform I got.
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Feb 2 2009, 10:55 PM
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#32
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(T_flash @ Feb 2 2009, 10:47 PM) but isn't the brokerage higher than M2U? Yes, it's. Min is RM 28 and the brokerage rate is 0.42% |
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Feb 2 2009, 11:10 PM
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#33
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(T_flash @ Feb 2 2009, 11:07 PM) so why do you still use i-trade? For the sake of convenient and sense of control. I don't want to open couple of trading accounts. I don't want to open Maybank since fund transfer from my MBB saving account is too easy. |
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Feb 2 2009, 11:18 PM
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#34
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(T_flash @ Feb 2 2009, 11:13 PM) what do you mean too easy?? as in the sense of not safe??? Too easy meaning if I have a MBB trading account, I can easily transfer money from my MBB saving to my MBB trust account without the need to go to the CDM or branch. The lead time of the transferred fund to be available in the trust account also short.Remiser said that if I want to withdraw fund, i would need to call her to transfer the fund back into my saving account or premier one, not sure For i-trade, I need to withdraw cash and bank-in to my CIMB using CDM (or etc) and use e-Deposit to transfer money to the trust account. The lead time is 1 day and the transferred amount will be only appeared the following day. This creates a sense of control for me. |
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Feb 15 2009, 01:06 AM
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#35
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(thierry5259 @ Feb 14 2009, 10:38 AM) Does anyone here knows what is the meaning "you do not have enough limit to buy" ? Meaning your trust account does not have any money or insufficent fund to cater for your buy (purchase).I opened my account with i-trade Have you deposit RM 1k to your trust accout? For first timer, you need to do that before you can trade. |
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Feb 15 2009, 11:44 PM
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#36
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(thierry5259 @ Feb 15 2009, 04:56 PM) Yup, confirm RM 1k is in the trust account but i cannot do any trading. These word pop up "you do not have enough limit to buy". Is there's any limit showed in your BUY menu? Are you trying to buy more than your available limit? |
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Feb 16 2009, 06:51 PM
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#37
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All Stars
52,874 posts Joined: Jan 2003
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Dear i*Trade@CIMB Customers,
Due to a disruption in Bursa Malaysia’s trading system today, we are unable to carry forward all your morning session’s unmatched orders. Hence, all your unmatched and Good Till Date orders will be cancelled. Please re enter all your unmatched and Good Till Date orders at i*Trade@CIMB system. Sorry for any inconvenience caused. Thank you. Yours sincerely, Retail Equities |
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Feb 22 2009, 12:58 AM
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#38
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All Stars
52,874 posts Joined: Jan 2003
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Perhaps you may want to check with the dealer.
Do you actually buy 100 shares @ RM 3.58 You may confirm your purchase with this tool: http://www.einvest.com.my/nettrade/forum/f...fromsidebar=yes |
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Feb 22 2009, 02:39 PM
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#39
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All Stars
52,874 posts Joined: Jan 2003
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thierry5259, you will be charged RM 28 based on the amount your purchased.
The brokerage fee is actually 0.42% or RM 28 whichever higher. |
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Feb 22 2009, 03:23 PM
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#40
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All Stars
52,874 posts Joined: Jan 2003
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I'm also not sure. You better get clarification from customer service.
It's also strange too me. This post has been edited by David83: Feb 22 2009, 03:29 PM |
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