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 Online trading with i*Trade@CIMB, Trading using i*Trade@CIMB? join here.

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Aurora Boreali
post Aug 8 2017, 10:20 PM

Casual
***
Junior Member
470 posts

Joined: Aug 2006
QUOTE(yapbswan @ Jan 20 2009, 04:34 PM)
Let me explain the different between clicks trader and i-trade@CIMB

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~~
*
I know this is old post but what does that mean by trading limit? With i-trade@CIMB, does that mean it's a margin account instead of cash account? I would like to open only cash account but do not want Clicks Trader.

 

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