stncws both is accepted for some
bondklse I tried Scottrade and TD Ameritrade, but both require US social security # or US tax #. Anyone knows which ones will accept non-US citizens /PRs?
Stephen Lee Are you a malaysian,singaporean or from other countries.
You are trading sotcks or options?
Please be specific with you questions?
afjaved I am new in stock trading pls guide me.
moneymaker09 Hi guyz need someone to guide me in stock market....
jlfong1988 I think you needa provide us with more details like:
1. What kind of trader/investor do you seek to become? (long term or short term & how long is long/short? days, weeks, mths)
2. What sort of guidance do you need?
3. What is your risk apetite
I am assuming you are focusing on the US market?
kmchen74 Hi guys,
I am beginner to stock market from malaysia. I would like to open a account to trade on option. It there any suggestion for me to open an online share trading in US market ? what sort of criteria to consider?
magnumbob @ kmchen just start your basic account with about a 1000 or more and begin. if you are a weekly trader then try for 2 % dont trade more then 1 time aweek. also if you have 25000 or more to play with then you can trade more often but it costs alot more. and the return is not as good for as hard as you work. common stocks are the beginner road. get clever and pretty soon you look at dividend etf and penny otc markets.
magnumbob all the banks are competitive so its all roughly the same choice. i went with sharebuilder capitol one online orange banking systems
magnumbob i think its citibank not capitol 1
merlin hi.. i'm Malaysian..and interested to trade in Nasdaq market..but trade US market in Malaysia is just like pain in the a**..most broker in Malaysia charge expensive..USD40 per contract!! Is it safe to open with those broker that listed here? how about shares due payments? anybody can advice? thanks in advance =)
Player Hi Merlin, CIMB investment bank charges are only 25USD/trade for online trading, plus a few USD for stamp charges, etc. I have been with them for many years now. I have also a trust acct with them, it
resolves the hassle of sending cheques and collecting of cheques. It goes without saying that when your trade is higher than what you have in yr trust acct, you have to top it up. Which state of Malaysia are your in? You can enquire from CIMB for further details should you have any. Best wishes....
ryan7642 So far Maybank investment also the same usd25 + stamp duty too..
helmyb34 Maybank investmen
Leesk how about HLE broking ? fees?
Kev Tan anyone here experiencing with TradeKing or OptionHouse?
Kev Tan Im a new player that intend to invest in US Stock, im a mid to long term player, not a frequent buyer. Can anyone recommend a good US brokerage with reasonable fees?
sunsun2012 KM Chen, please message me. I do hv a attractive package, email@example.com
sunsun2012 CIMB no bad, email me firstname.lastname@example.org
Kev Tan local brokerage is at USD25 per trade...too expensive. looking for direct US brokerage
KHWo if use iTrade CIMB to buy stock from HK exchange, how the commission brokerage will be? What would be the minimum brokerage charges? SOmebody please help. Thanks.
2hunt kevinTan did you open your account with Trade King or Optionhouse. What is it like? I use Ameritrade. its charting features r good but still learning how to use and make profit from us sock
marketbull What about funding and withdrawal from Trade king? Is it easy and reliable??
muftia I need a broker. Send me information. email@example.com
mudinvest are there any cheap online trading for malaysian to trade in US?
invest_101 Check out Interactive Brokers. One of the cheapest and can trade in many markets and products worldwide. Cheers
max_cool29 Any US online options trading broker that suitable for Malaysian?
Dopamine Krebs Any US online options trading broker that suitable for Malaysian? +1
ikan bilis Thinkorswim ( under TDAMERITRADE) min USD 2500, Interactive broker ( MIN US 10K ) cheaper brokerage.
to trade US mkt u need to have knowledge of Tech analysis n some fundamental knowledge. u need to hard work in doing reading n dig stocks ,. if u trade option can be very good tool for leveraging, ( but u need to put in effort to learn at least 6-9 month learning stage. n money to go attend some course in town. or read urself some books, ( michael sincere - book on option is good. OR go library borrow some related books OR go investopedia -go tutorial OR youtube for video learning.
max_cool29 @ikan bilis, thanks for your info. The informations you provide is very useful
celyn2012 seriously i think is better to trade index.. exposure to individual company is way too much risky
ikan bilis i do not agree of trading ind company risky, risk as what u talking of? indexes is more risky . basically it depends on how far your appetite of risk is. and what sort of strategies u apply. if trade indices u can trade via selling option as premium OR day trade on scalping ( i am doing this everyday. Risk -yes . but if u have discipline control of TP vs Cut loss strictly than there is no problem,
as for individual stocks , to me it is much more easier , more straight forward + based on Technical analysis ( Support n resistant, using MA, + oscillators ) + check thoroughly on its fundamental . then u actually minimise a lot of stress. Overall to play indexes unless u are focus attentively n discipline n strong in TA application , otherwise pls stay away. the volatility can sweep u out easily.
Janus Mun wait til those sharks shorts you....i kena so many times.....niamh hai....anyway....i wanna ask,any way to skip the high per contract cost?currently we are paying USD25 per buy n then usd25 per sell contract plus GST 6% in USD!havent add in brokerage fee.....any sifu here can help about this?cheaper buy/sell contarct fee?i know standard charted singapore charging 0....but hassle going thr physically to open a trading account....please help
ikan bilis janus, open Thinkorswim Or Interactive broker yourself . then download its platform, trade ur own with only few dollars . per trade. u trade via local broker they just act as nominees /middlemen , of cos u get cut throat price . refer my earlier post answering to someone on this.
Janus Mun thanks ikanbili!i was thinking IB,how secure n safe is IB?can be trusted with me money?i am abit afraid i cant remit back my hard earn cash if i want to stop gambling....is there any problem u been thru getting back ur trading money?
Lee Zhl Rui hi, i would like to ask did Thinkorswim provide the trade for CFD?
trader1121 Thinkorswim dun have cfd but the product itself. If u wish to trade cfd try find some forex brokers instead, most of them provide cfd.
Lee Zhl Rui hi may i ask in US market if we trade we will be charge per unit or in percentage
Kfchootrade buy min stock per unit. commission charge per trade. buy and sell the same stock considered 2 trades. get decent good US brokerage. commission is very competitive.
Kfchootrade interactive broker and thinkorswim (not known as TDAmeritrade) both regulated by Commission of Security and backed by government up to 250K per account if brokerage goes bankrupt.
Kfchootrade avoid CFD if possible for newbie. is an leverage instrument. if you really need to trade using CFD, get Direct Market Access (DMA).
Kfchootrade thinkorswim normal rate for stock is 9.99. if you account funding is huge, can neg. for better commission pricing.
ohnoom Tried to search for active discussion group for Options but seems it is quite lacking behind in MY compare to Forex. Are there serious options traders in MY? Thinking to start a study/discussion group as I myself and a few friends are quite active in it.
rotibaba anyone have ideas about which broker are offer good service ?
ikan bilis so far TDAmeritrade & Interactive broker is fairly ok .
ikan bilis Ohnoom, If u serious in learning Option trading , can PM me or email me at firstname.lastname@example.org. we are option traders/ mentor
in MY .
mas888 im very interested to about trading, i want to learn more about that