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Online trading with i*Trade@CIMB, Trading using i*Trade@CIMB? join here.
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88sales88
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 Jan 3 2011, 02:27 PM
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Getting Started
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Hi, looking for an alternative online trading platform that is lower in brokerage. Currently on OSk188 and brokerage is 0.49% although I get interest for money in trust and credit.
Noticed there is a new service called Clicks Traders which charges only RM8.88 per matched order. Anyone using this? Anyone can advise pros and cons ?
One more thing .. Does Clicks Traders allow Mobile Trading ? OSK188mobile charges RM20 per month and doesn't work on Android.
Cheers
fy
This post has been edited by 88sales88: Jan 3 2011, 03:02 PM
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88sales88
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Jan 6 2011, 11:36 AM
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Getting Started
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QUOTE(Remng @ Jan 3 2011, 05:04 PM) Ciick trader is rm8.88 per trade, but u need to maintain rm10k in ac example: if you have 50k in ac, you can trade up to 40k. It is so cheap because it is basically a cash ac and can only trade online. Pro: cheap and one rate regardless contract amt ( 5k, 10k, 1000k etc) , cons: cash upfront and online only normal itrade is rm12 and 0.42%, interest pay to u if u have balance in ac currently 2.25%. Online trade on ipad and iPhone is FREE, online trade ac no maintainance fees pm me if you would like to open ac. Txs pm Thanks Remng. Cash account. If I have already purchased stocks, and I transfer to this Click Trader. Will it allow me to buy before putting money in and then settle T+3 using my current share holdings as collateral ? I am quite interested as I am currently with OSK. Other than that the normal itrade rates is exactly the same as OSK. |
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