ohh clicks trader

may i know that my friend also use itrade but why their brokerage rm8.8 only rm8.8 not for clicktrader only ?

Min brokerage RM 8.88?

I can't trade for US stocks.
Called itrade CS. They said that my W-8BEN form has expired.
Thus suspended my access since 2014.

of coz u need refill and sign w-8ben form..got expire wan..

Hi, i have an itrade account that was created last year but i never used it, so i have some questions as below:

1) My account is non margin, so it is 1x cash right? So does it mean this account can't buy IPO?
2) To transfer money to the trade account, i need to go to edeposit. How long does it take to transfer the money through this process? I heard if it is from other banks, it will be shown only on the next day. If from CIMB, is it instant?
3) I also have a CIMB basic savings account but i can't see the share account there? Is it normal?

My comparison from 2 and 3 is based on MBB. In Maybank, i will transfer the money to the share account and in a few minutes i can see it already, so i want to confirm about CIMB.

This post has been edited by silverwave: Mar 30 2019, 03:31 PM

I not sure what type ur account open.. Do u sign yellow form before?

Really can't remember since it was more than 6 months ago, is there any way i can confirm this in itrade account itself?

Just call itrade CS.
They'll tell all the info that you want.

Did you open with cds? I have some same issue haha newbie here too

Nominee trading account cannot buy IPO or CDS account right?

With nominees cannot apply ipo only

Yea, may be i will.

Should be CDS since i have the CDS account number.

Nominee account also got CDS number too.
The CDS belongs to the investment bank.
Better call CS for confirmation.

I see, ok then i will check with CS

Anyone noticed the analysis chart of iTrade is very buggy?

For example, the stock that I have been monitoring, FPI, was hovering around 1.8~1.83 after it released QR report on 20/2, and then drop to 1.70 on 3/4. However, on the analysis chart it became 1.69~1.71 range in the same period.

Any idea why? Is this a bug?

Yesterday ex date for dividend so share price adjusted

you mean after dividend the share price will be adjusted ? But how come the share price will be adjusted? I thought only additional share issuance will cause price adjustment.

When I compared other chart supplier and compare with the chart from iTrade, other chart wasn't adjusting the share price.

--Edit--
Maybe my english not good and didn't convey the message correctly.
What I mean is that ...

I have monitored the share price of FPI, it was approximately as below:
This is consistence with chart from other supplier.
20/Feb ~ 2/Apr Price is in the range of 1.79~1.83
3/Apr - Price is 1.70

However on iTrade, the price is not consistence with my observation.
20/Feb ~ 2/Apr Price is in the range of 1.71-1.69
3/Apr - Price is 1.70

Is this cause by share price adjustment ?

This post has been edited by Cyclone1: Apr 4 2019, 02:21 PM

Stock prices on ex-date

The stock price usually decrease on the ex-dividend date by an amount roughly equal to the dividend paid. This reflects the decrease in the company's assets resulting from the declaration of the dividend.
--- For example, when a dividend of $1,000,000 is declared (e.g. 6 sen per share), distributed and paid, the corporation’s cash is reduced by $1,000,000 and its retained earnings (part of stockholders’ equity) is reduced by $1,000,000. Due to the reduction in the corporation's cash/equity, it's stock price is also reduced accordingly (as the company's stock price is a reflection of it's assets (which including it's cash). If the stock price was RM 1.50, it would be RM 1.44 (RM 1.50 - 0.06) after the dividend is allocated.

Dividend : 6 sens
Ex-date : 20/5/2009
In-dividend date share price (19/5/2009): RM 1.50
Ex-dividend date share price (20/5/2009): RM 1.50 - 0.06 = RM 1.44


https://forum.lowyat.net/topic/1039913

will it happened after the comapny give dividend the stock price will not return to original price ?