Does this means you can trade even when your account balance is less than RM10k, in which case the brokerage fee will be the standard rate?
And I presumed those shares bought goes into the same CDS account.

That's interesting, coz I only have ClicksTrader account, and if my balance is less than RM10k, on the next trading day, it will show balance RM1 only which prevents me from buying anything.

can someone explain to me why would anyone with more than rm10k trade with itrade? clickstrader is just so much cheaper, proportionately too to your trade size

if i were to purchase rm 1million worth of shares, using clickstrade i'll be paying rm8.88 in brokerage, using itrade i'll be paying 1 million x 0.42% = rm4200

surely this rm4191.12 difference outweighs any benefit you might have using itrade? especially when they're both pretty much the same?

Help needed..

after login , trading hall show blank screen only. bottom of the explorer showed done. Tried firefox, ie7, chrome...

Yesterday still ok.. but donno y this morning cannot view..

java ver. 1.6.0.18

Anyone facing this problem too??

Q: What happens when I trade (buy and sell) with less than RM10,000 deposit in my Clicks Trader Account?

A: Your online orders will be charged at our STANDARD ONLINE brokerage rates.

so what is the standard online brokerage rates? 0.45?

0.42%

some of the counters' name are in purple colour. what does that means?

Hi, i have 2 questions here.

I am using CIMB i-trade.

1) If i want to transfer the credit back to my CIMB saving account, fill in the form is the only way i can do? Where can i get the form? Is it in any CIMB bank?
2) i-trade account also got interest, right? How much is the interest rate? How is the interest to be given? Straight add into the credit in i-trade?

Thanks.

This post has been edited by chocobo_2005: Mar 7 2010, 08:39 PM

HI, everyone,
I am filling up the form to open an new trading account at Itrade CIMB

in the first page of fillin up the form to get USER ID of itrade cimb.com

the question : refer by 1.) Centre dealing team, 2.) Remiser/dealer 3.) CIMB berhad 4.) N2N connect

which one to choose ? I ticked CIMB berhad... what does it meant ?

Ace counters.

1) email them and tell them to bank in the money into your bank account
personally i just give them my bank account no and instruct them to credit the proceeds into my acc

2) i think the interest is about 2% (no official figures though)
interest is credited into your trust acc


its just asking you who introduced you to sign up for itrade

Thanks thanks

paiseh.... , not vvery good in ang mo language

By email can instruct them credit the trust account's balance to bank account?
Just simply write a email or need to fill up the form manually and scan into email?
Can you provide the email address?

thanks

HI, If I don want to go for Remisier / dealear for every transaction

which account should I apply ??

Haha. We're all learning something new everyday.

Yup.
No scanning required.
I just send them a simple email at itrade@cimb.com

eg:


Otherwise they'll prepare a cheque for you on T+3 by default which you then have to collect at their office.

I've asked before if its possible to have a standing instruction, i.e. to credit the money into the trust account every time I sell my shares but they said no.

Maybe someone else can shed more light on this matter.

Thousand thanks to you.............

one more question,
can I go OSK to open and CDS account BUT dont want to open a trading account with OSK, because i want to open my trading account with Itrade..

will OSK ignore me to open CDS account because I have no plan to open a trading account with them ??

technically can, but what is the point?

OSK cannot use CIMB account.

CIMB cannot use OSK account.

then why dont go itrade to open cds accoutn oh

errr... I head OSK open CDS account wil be faster than CIMB ma..

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Added on March 18, 2010, 8:50 pmerm...

CDS can open in any investment bank ma...

i just want to choose a faster one,

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Added on March 18, 2010, 8:50 pmerm...

CDS can open in any investment bank ma...

i just want to choose a faster one,

This post has been edited by je2305: Mar 18 2010, 08:50 PM

No problem. Just let us know if it works.


je2305, what you need in the long term is a reliable trading platform and low brokerage rates as well as good customer service.
Don't be quick to judge a company based on how long it takes to open a CDS account. (Unless of course they take a very long time to open it, then you should be consider other companies)

omg, cant believe my thread still alive here.

Recently cimb change their website structure and i have to re-bookmark.

good luck to all newcomers!