What is the purpose of E-Settlement if everything are handled by dealers? 

My job only to select the stock, put the shares quantity and choose either buy or sell. The payment will be settled by the dealers on the T+3. So, I wonder what is the point of having those settlement button? 

Ya ya .. E-Settlement .. how you can use it? Is there any way to apply it?

i already apply it online just waiting to activate
the minimum deposit is RM1000?

let say if i don't pay for RM1k deposit
means..i cannot activate?

when they will ask me to pay the deposit?

Maybe I'm a little confuse here, my money is to put into the trust account, so the dealer said they will settle all the payment as long my balance is enough. I call them and they said no need to do anything. But, since it always make me make feel uncomfortable due to their late payment that always in the last day, I wish that I could use the E-Settlement button. So, did you put your money into the trust account too or there's some option that I miss while registering before? 

why is it that after i buy any share, the cimb only send me an email to inform me to pay all the money. I thought it is directly deducted from the trade account? I still have to pay it manually?

This is somekind of borrowing, right? I thought this only apply to those who buy 3X their total amount they have in trade account.

Anyone here that manage to get stocks payment in the second/third day, and their trust account updated in the same day?

Mine :

1) Wednesday - sold
2) Next week - Tuesday evening just get payment and ITrade system updated

How about you?

So, does it mean from Thursday until Tuesday, those ITrade user couldn't do anything if they want to buy stocks? Let's assume all the money already spent in the last stock and they are waiting for the latest payment .. isn't there anyway to buy using ITrade rather than calling the dealer to buy it? As you know, the rate is little higher ..

However, they don't have the price averaging.
For example, you key in buy 100 units of stock X, then you key in another 300 units of stock X.
If you have price averaging it will combine two order, you will have one purchase contract 400 units of stock X. (your brokerage, stamping, and clearing fees on charge one time)

So who can tell me which one i should use?? click traders or itrade???
I want to pay as I go, don't need margin accounts.

Is there still a deposit of 10krm needed???