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

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khkhoo0320 P
post Mar 26 2020, 03:22 PM

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Joined: Mar 2020


Hi i am newbie here. I want to buy share but why the current limit always MYR239. And getting not sufficient limit as below. I confirmed my account is enough fund to trade. My CDS account type is non-margin.

1,000 unit(s)@ 0.720
Value = MYR 720.00

Indicative Exchange Rate
1 MYR : 1.0000 MYR
Trading Limit=MYR 239.00
Trx Fees=To Be Advised
Not Sufficient Current Limit Where CL (239.00) < Contract Buy Value( 720.00)
khkhoo0320 P
post Mar 26 2020, 05:43 PM

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Joined: Mar 2020


QUOTE(klaatu08 @ Mar 26 2020, 03:34 PM)
if your account is non-margin, your trading limit is calculated based on cash available and the collateral (stock you currently own). 

btw, Margin, Cash or Collateralized is referring to your trading account type, not your CDS account.
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Hi klaatu08, thanks for the quick response. I have found out that CIMB required one working day to update my account top up amount effectively on the system. If need to trade on the same day, need to call the remisier directly.
Ya, my trading account non-margin.
khkhoo0320 P
post Mar 26 2020, 06:16 PM

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QUOTE(djhenry91 @ Mar 26 2020, 06:11 PM)
My advise u straight do online transfer to cgs-cimb sdn bhd and send the reference slip to your remisier,your remisier will send email to back office to update trading limit on same day
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Thanks for the advice, djhenry91. By the way, I saw a new trading method from CIMB call Click Trader, what is the difference with my current i-Trade trading?
khkhoo0320 P
post Mar 27 2020, 11:53 AM

New Member
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Probation
4 posts

Joined: Mar 2020


QUOTE(djhenry91 @ Mar 26 2020, 06:18 PM)
my advise dont apply click trader..base on my experience..really headache..u will not happy and will scew your remisier and your remisier maybe buta buta kena scold from u.

this product very leceh..once open, u maybe might face trading limit and withdrawal issue as i know.
if u want close tht product even more leceh..
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I see. But is click trader offer lower brokerage fee? Clicks Trader to enjoy brokerage fee of RM8.88 per trade

 

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