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Welcome Guest Log In Register. Who is the best online broker in Malaysia? Read latest posts or hide this alert. Share on Track this topic Print this topic. Aug 6 , Show posts by this member only Post 1. Hi everyone, Just wondering which online broker provide the best service with reasonable rates.

Wish to get some infos on all online brokerage firms before investing. I heard OSK provides the best service while CIMB ClickTrader with the lowest minimum charges of RM8. What do you all think? This post has been edited by Lam Show posts by this member only Post 2. Show posts by this member only Post 3. QUOTE MNet Aug 6 , Show posts by this member only Post 4. Show posts by this member only Post 5. Show posts by this member only Post 6.

QUOTE evilhomura89 Aug 6 , Show posts by this member only Post 7. As a small time investor, AmeSecurities is OK. For the application submission, I don't even need to visit closest AmInvestment branch.

Fill up everything online. This post has been edited by ronnie: Aug 7 , Show posts by this member only Post 8. QUOTE ronnie Aug 6 , Show posts by this member only Post 9. Low brokerage fee, user friendly apps! If wan to compare, check here http: Show posts by this member only Post QUOTE Lam Aug 7 , QUOTE madguy88 Aug 7 , Thus, you can get reply almost immediately on your doubts from your remisier, which refer to one of the good service i mentioned.

Day trade, I'm using miles. QUOTE WakuWaku22 Aug 7 , QUOTE zamans98 Aug 7 , Brokerage fees very attractive at only 0. But how does it compare vs trading thr' remisier which I think do not have the minimum fee, like maybe 0. So for a small trade of shares at RM2, cost only RM, so remisier fee is just RM1. Is my computations correct? I am using Click Trader 8. QUOTE kb Aug 7 , I realized that AmSecurities have many hidden charges.. QUOTE timljh Aug 7 , Click Trader need to have a minimum of RM10k balance in the account right?

The term is, you need to have 10k to enjoy the 8. Else the rate will be 0. QUOTE topearn Aug 7 , Aug 8 , QUOTE ronnie Aug 7 , Are you sure there's no minimum brokerage via Remisiers???

Who buys shares. QUOTE topearn Aug 8 , U mean if U have min RM10, balance in your Click Trade account, they'll pay U 8.

Sorry, a noob question as I'm new to all these. I don't know and that's why I asking any kind soul to tell me. Those just starting to dabble in shares will buy shares initially.

Also shares might not be cheap e. QUOTE zamans98 Aug 8 , Min RM8 for brokerage - no special condition are required. Other charges by Government: U need to ensure it hit 2. Cheapest is AmeSecurities at the moment QUOTE ronnie Aug 8 , Do we have to go to Melaka to open an account?

I'm from Klang Valley. But AmInvest even lower brokerage at 0. QUOTE timljh Aug 8 , I use cash account so not affected by your so-called hidden charges.

Cash account also will be charged the nominee fee for the dividend payout.. So yes, u will be affected.. Maybe u dont feel it coz u nvr received any dividend through that account yet? What exactly is this nominee fee? If I buy nestle shares and they pay RM2 per share, so the dividend I'll get is RM, do I need to pay nominee fee and if yes, how much is the fee?

According to their product disclosure sheet, http: AmeSecurities eDirect is a Direct CDS which can use for IPO applicatiin. This is what I have. Aug 9 , If U're planning to do trades a day, RM brokerage difference is RMRM per month - not chicken feed. Low brokerage fee does not mean broker is lower quality. Are the fees higher for Intra-dat trades? Aug 10 , QUOTE ronnie Aug 9 , QUOTE zamans98 Aug 9 , Few trades will equal to hundreds of small trades. QUOTE timljh Aug 10 , The min fee is still relevant if ur intra day trade is in small amount which is below or at the min fee rate..

QUOTE zamans98 Aug 10 , Intra day trades is just like scalping in forex. Think about the bigger picture. There are difference between trader, investor and speculator. Intraday trading is cheap if the total amount is huge! Then you save a lot. If it involved 10k only, not much diff than the normal rate.

Why don't you guys read the details? Diff bank offer diff rate. QUOTE ChinHong86 Aug 10 , Aug 11 , QUOTE yeappy Aug 11 , Does it mean the force selling will only happen on the 5th trading day by Aug 22 , AmeSecurities are very bad for newbie users.

Aug 23 , QUOTE ronnie Aug 22 , QUOTE topearn Aug 23 , I just register an account on Monday and the sales agent told me will get my account setup by today.

But if U deposit after 5pm, then u can start using the funds by 9am the next day, right? Afterall trading already stop by 5pm, so no opportunity loss at all.

QUOTE ronnie Aug 23 , Deposit after 5PM, you get the funds in 2 working days lah Read the FAQ. If you deposit before 4pm, you get it updated on the next day. I deposited on 3: I had to complain to their Manager to get it done. The Manager told me, my fund was "processed by AmeSecurities" at 4: They would know ensure any deposits done and payment notification before 4pm will be processed no matter how long it takes , not process all by 4pm.

Ensure you set your eDirect account to PURE CASH UPFRONT only to avoid this "trap". QUOTE Kcee Aug 23 , If I am not wrong, it was stated in the FAQ section of eDirect that any transactions amounting more than the available balance in the trust account will be charged collateral brokerage fees, not cash upfront. This is a mixture of cash upfront and collateral feature of the account.

Maybe you are not clear on this, though it's disappointing to hear about the deposit issue. The collateral feature will come in handy when the deposits haven't go through and you're in urgent need of credit limit to do trades. By the way, anybody know the interest rate for the funds in trust account for AMeSecurities? This post has been edited by Kcee: Aug 25 , I dont see anyone mentioning about it here. Aug 26 , Any comment on this one? A Place Like No Other.

Nov 7 , QUOTE ypaymore Nov 7 , Jul 22 , Jul 23 , QUOTE justplyply Jul 22 , Is that i can use the RM10k inside to trade and still enjoy the same rate? Exp i have RM10k inside then i Trade Rm8k am i still enjoy the same rate? Sep 21 , Hi, so is there another way to go around this instead?

This post has been edited by gavind: Jan 31 , CIMB click vs AMeSecutiries vs Jupiter? I think rhb invest is quite appealing with d stoploss order. But wonder whether they keep the stop order with themself or maker? QUOTE lowya Jan 31 , Feb 27 , I am new to stock market trading. Where should I start?

Which online broker would be the best for a person who wants to test the water and only has a few hundred bucks to try this. Should I try this tiny investment out? I have experience from playing virtual stock trading games. QUOTE jonchoongqx Feb 27 , QUOTE zDarkForceSz Feb 27 , So far no problem on both.

Stockbroking | Securities Commission Malaysia

QUOTE wodenus Feb 27 , So how have you been doing so far with that? Feb 28 , QUOTE nanan75 Feb 28 , QUOTE zDarkForceSz Feb 28 , HLeBroking In their website I spotted "Zero Moving Cost" so ask them when you register a account with them! Mar 2 , Track this topic Receive email notification when a reply has been made to this topic and you are not active on the board. Subscribe to this forum Receive email notification when a new topic is posted in this forum and you are not active on the board.

Look at all my stars!! Are you using it now? Any problem with the transactions? Not enough stars Group: I not so sure though as i didn't use it myself before, just heard from my friends that osk service is quite ok and popular, except that it charges slightly higher broker fees.

Example of some info on warrant GENP-CC last month provided by osk: I think i would like to try out ambank first, since it offers the lowest broker fees so far. Im just a small fish here haha, might make another one at osk next time maybe. This post has been edited by madguy LOL, amazing how you figured it out that what I'm thinking.

If u are wise, why ask in the forum Trading Limit x2 deposit? The online application form you mean is this? Better go for Malacca Securities, no hidden charges.

U really need to study more b4 u get into the market. I think you are super lazy and wanted to be spoon fed, hey the url was given, go and visit the page and fond it out. This post has been edited by timljh: This post has been edited by topearn: Really a lot of hidden fees!

Nope, it's the opposite. By intra-trades do U mean buy and sell the share on the same day? U mean for such deals, the fees is a lot lower? If yes, how much is the fee?

So, have u ever trade intra day? I did about 20 trades, and the fees was like miles better than day trade trades. As I said, if u are busy scratching your head or balls thinking and calculating fees, I already made few trades and already earning. There are difference between trader, investor and speculator I did intraday b4 maybe not as much as Progress is Imminent Group: You can key in before market open 9am. Just select the counter and key in buy or sell. Tq all depends on your account.

I think he meant if u exceed by even RM 1, the whole transaction will be charged 0. Ensure you set your eDirect account to PURE CASH UPFRONT only to avoid this "trap" This post has been edited by ronnie: Ensure you set your eDirect account to PURE CASH UPFRONT only to avoid this "trap" If I am not wrong, it was stated in the FAQ section of eDirect that any transactions amounting more than the available balance in the trust account will be charged collateral brokerage fees, not cash upfront.

Maybe that's what I missed Loss of brokerage fee can be covered with Capital Gains!!!

Who is the best online broker in Malaysia?

Ensure you set your eDirect account to PURE CASH UPFRONT only to avoid this "trap" U should using AmBank to deposit[ cut off time is 8pm - Cut-off time: Later than 8pm, money will only be updated into the trust account in the next two days. If you use that 10k to trade, then the rate will change.

AMeSecurities has the lowest brokerage in Malaysia, min only RM6, no hidden charge. I have not encounter any problems in my 1 yr plus of trading. Also coustomer service is fast On my way Group: Cheapest broker would be amsecurities.

If you're planning for intraday or T3, few hundred bucks don't work. About the commission don't worry too much, dividend will pay for that.

Help me help you Group: Hello may I know which website you went for your virtual stock trading games?