The money will be in your ac on T + 3, you can w/draw the money to direct tt to your cimb bank ac or u can leave it there to earn 2.25% interest calculated daily credited to ac monthly.

Ac statement show the debit and credit of your trx ie your p, s, edeposit etc

hope this help

Thanks remng,

finally i found it in <summary of client outstanding position> the balance after sold my share,

but, the problem is I couldnt see any balance in e-settlement <select outstanding position>

my question is where is the money actually!?
I would like to use the balance for another trading but I couldnt as my select outstanding position showing zero!.

please help...!
should I transfer the money from balance place to e-settlement? how can I do that?

btw, I have no withdraw the moenty to my cimb bank acc. its remain the balance for future trade. but I dunno what is going wrong...

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Added on March 1, 2011, 11:21 pmwhen I want to trade for another share its show as below:-
--Order value greater than assigned limit for the user--

but actually I just sold my another share its sufficient to trade for this transaction...how can I transfer or use the balance!?

This post has been edited by toffee: Mar 1 2011, 11:21 PM

I checked my bank account and the money is there.

Thanks a lot.

Can the money from share sold be added to my trust money instead of credited into my bank account?


This post has been edited by kudin: Mar 2 2011, 12:54 AM

Yes. Can be done

just get your dealer/Remisier to change to:

credit all sales proceed to trust

done

I am very new in online trading.

If i sell my shares in cimb online, is it immediately the money is back into my account & i can buy another share minutes later ?

For foreign trading account, is it the same scenario also ?

Yes. The trading limit is available to buy once the shares sold, money ready for withdrawal on T+3

This post has been edited by Remng: Mar 2 2011, 04:31 PM

my cimb click trader account now only have rm 3000 balance and about 1 year haven buy any share online.

now i cant buy any share as it say ' you do not have enough limit'.

is it i need to top up to rm 10k in order to buy share? after purchase can buy again when it fall below rm 10k ?

thanks for reply.

System will block u when ur balance fall below 10k.

If you want to purchase shares worth 5k, 15k must be in your acc, 10k is something like a deposit.

thanks for the fast reply.

oh ya, can i buy share and sell it in the same day? any extra penalty or extra charges?

There is no issue on buy or sell on the same day or T+1, 2 or 100, as long as you have above rm10k in ac say rm50k then minus rm 10k you can trade up to RM 40k as the commission is still rm 8.88 per trade regardless of amount.

hope this clarify

I used online platform for share trading suppose the brokerage fee is lower. but when I go to see the outstanding amount I found out the brokerage fee is 40 bucks. Anyone know why?

I see......

Today I bank in until balance have rm 13k.

But still the cimb click share trading say still not enough limit. Is it I need to wait few days only can trade?

If you bank in today then you should have the rm 3k limit to trade tomorrow ( 13-10) else just call the Remisier/ dealer to activate for you it is pretty easy

txs

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Added on March 3, 2011, 7:43 pmPlease check with the person who open the online Ac for you, spell out clearly what is the brokerage.

txs

This post has been edited by Remng: Mar 28 2011, 12:30 PM

ya suppose to be RM12. But the outstanding amount shows that brokerage fee is RM40 after I minus off the share price... havent T+3 yet so the money has not been credited. is it they will only credit RM12 instead of RM40 after T+3?

Once shown 40 it will be as per contract charge 40

morning Remng, is clicks trader acc also kenak custodian charge? thks!

No. that is CIMB Bank product and no custodian charge, only account opened with the company direct and under custodian account will be affected, please pm me for the procedures to change that to normal Individual itrade, everything will be the same ( as to trading platform, buy/sell etc) except it will be under your own name

ok, sotong?

Revision of Clicks Trader Brokerage Rate RM8.88

Dear valued customers,
Please be informed that the Clicks Trader promotion of RM8.88 online FLAT rate will end on 27th March 2011.
A new version of Clicks Trader product will commence effective 28th March 2011. Clients will enjoy brokerage rate of 0.0388% or minimum RM8.88 per match order per session, whichever is higher. Our brokerage is certainly the lowest in the market.
For any enquiries, please contact i*Trade@CIMB Call Centre at 03-20849890. Terms and conditions apply.
Thank you.

Yours sincerely,
CIMB Investment Bank Berhad (18417-M)
(A Participating Organisation of Bursa Malaysia Securities Berhad)

Thanks for announcing this, actually over 90% of the clicks trader clients will still be enjoying the rm 8.88 per trade as if you amount per trade is rm22,900.00 and below, the rate is still only rm8.88.

Still Good

pm for more info

Hi, wondering how to transfer money to my trust acc online via maybank 2u...
I tried click on edeposit in the trading hall, then enter amount, select maybank2u, click submit but then after that nothing happens?