Using a local brokerage, you will often have to foot similar fees to buying … I suggest that you talk to the HR department to get more info. To trade specifically in HK, the local Malaysia Public Bank provide a good solution, since they have branches in HK too. The minimum hong kong stock trading platform Malaysia investment for Bitcoin an investor can purchase on the platform is 0. Either US$ 20 min. or 0.10%, whichever is greater, AUD 35 min. However, i do hear of ppl that successfully funded in via public bank and OCBC as recent as last month over the counter. ©2006-2020 KCLau.com All Rights Reserved. Offline trading for UK, Thailand and Shanghai (Shanghai- Hong Kong Stock Connect) markets. US). HKEX: 0.06% for initial HKD40,000, 0.5% for >HKD 40,000, HKD 50 min. That depends on the country of your brokerage account, and the tax law. Net income has grown from RM1.63 billion in 2014 to RM1.98 billion in 2018. Dividend investors may want to pay attention to this stock… Please respond to my message thank you. How I can I trade the small penny dreadful stocks on the ASX if I am Malaysian. Can you recommend me a bank that allows me to fund in directly either via online or over the counter? Hi Kayson, I seldom do physical seminar talk. In contrast, I used to purchase stocks with Wells Fargo Trade because I have an account there when I stayed in the US between 2011-2012. This is by no means an exhaustive list, but only an example of the diversity and their rates and services. or 0.42%, whichever is greater, AUD 50 min. Want to know more info? They claim that their bank has blacklist both broker as they deals with forex (which most major brokerage firm inn US does). Another silly question, any available platform which provides foreign option trading? Check out my course Bursa Method and Invest Foreign Share. We wish to remind you on our terms on the use of links, Disclaimer and Reservation of Intellectual Property Rights. as i concern, money would be blocked if the Tele- Transfer profit was from future. I don’t personally trade FX though, no trading for me. Types of investment products. Look up etrade.com or Fidelity. Last question, the profit that make oversea, do we have to report and pay government tax? I use Maybank online for the FTT, so far no issue, funds arrive at my IB Pro trading account by evening same day. However, IB holds the funds for about 5 working days after receiving it before they release it into my account. 44 Money Tips for you to make more money, save more effectively, invest profitably and retire early! But the dividend will have withholding tax. Hi KC, I am ex-intellier holding their stock option and wanted to sell off. No problem to short but not naked short. Pls check with your stock broking firm. Method 2: Use a local broker who provide foreign stocks trading facilities. I tried explaining that i wanted to trade stock but they say i can’t wire out to fund this 2 brokerage firm. In general, all brokerage firms in Malaysia are more or less similar in … In contrast, I used to purchase stocks with. Could you please advice how could one in Malaysia trade on line for stocks in India. Nice to meet u. how to invest in KOSDAQ stocks? Fees schedule might not be the latest – it is subjected to change. or 0.80%, whichever is greater, Either US$ 35 min. They asked for multiple reports to show it’s stock trade and not forex. From reading the comments, I get the impression that it’s not easy for Malaysians to trade the HK market. Capital gain and dividend income is non-taxable by Malaysian government. TD Ameritrade, US shares transferred to TD Ameritrade Asia. SGX (Singapore): 0.0075% and clearing fees 0.04%, Either SGD 20 min. So here are just a couple of prominent banks that provide global share trading. Next, say that you decide to buy the shares of HSBC, which is listed in Hong Kong’s Hang Seng. This company based in London and one of the F1 William Martini sponsor. Can get 0.25% Anyone have better deal, pls help. Newbie always fall for lucrative offer and then blame the whole industry when they are fucked. Price at $7.10. any recommended brokerfirm/website? CFD Trading is now very popular in Singapore, with IG Trader and CMC Markets and City Index which are trusted and reputable. Some banks will ask you to show some documents – that you have a trading account with Interactive broker and initiated the transfer 2. Your articles is awesome & I forwarded to others friends too. Other than cost concern, I’m also more concerning on whether BNM will kacau anything…, When did u register for Ameritrade? is highly recommended by Peter Lim, trainer of, , for its low-interest margin financing facility. But you can check out my online courses. Which bank can i buy the HK stock market? Other than Public bank. Hi…I got us share in rhb invest….recently was giving dividend…but there was dividend handling fee amount of 2.61usd instead of net dividend amount 4.64…may I know how to calculate the fee? I guess will just have to depend on other brokers. is it legal under BNM/SC regulations for Malaysians to trade directly with non-resident brokers. The location of your assets will be considered local, although technically your money is invested overseas. I’ve never heard of etoro though. To trade in US market, will you suggest to open an USD account in Malaysia first, for all the wire transfer and withdrawal. Where do you think i can get a professional advice on this? I don’t have account in Australia I don’t want to buy the expensive blue chip companies I only like up and coming companies and many of these are not covered by brokers. What app u using in Malaysia to trade with us stocks. I have even tried cashing out, I got the fund credited to my bank account within 2 days. Their unbeatable fees and various other facilities, like 3rd party research, makes it highly trusted and efficient! To Singapore CIMB account, or directly to Malaysia, or other ways…? Is there any course or training on index option trading on US market in KL ? To trade in Malaysia, you would have to open two accounts; a trading account with a brokerage and a Central Depository System (CDS) account. Currently I have CIMB itrade account and I use to trade for Malaysia stock only. Foreign Direct Investing. Until the point my SIL wanted to file complaint with BNM. I am not sure of who is actually governing the foreign share trading provided by the local bank. About the PR status, I don’t know anything about it. On the other hand, If I remit the fund from the sale of these stocks back to Malaysia (to a Malaysian bank account) would I be liable to pay tax to Malaysia tax authority? I tried funding into interactive broker and TDameritrade but was rejected by both Public Bank and OCBC on the 4th June 2020.. many thanks kavin thayalan. How to Own 10 Properties or More in Malaysia? There are two ways for investors to buy foreign stocks directly. Hong Kong / Hong Kong pre-IPO: 0.25% 0.18% 2: HKD100: 0.30%: HKD150: Stamp Duty (0.1%) CCASS Fee (0.002%, min HKD2, max HKD100) Transaction Levy (0.0027%) Trading Fee (0.005%) Shanghai A/ … Why you may lose your house if you simply opt for Bank MRTA? the interest is steep often more than 10% pa but of course also depends on the stock. Can you also include HKEX in the costs column? I have not tried KC’s method. I’m currently residing in Malaysia. Went to CIMB Fast Saver and kena stuck at eligibility. Is this observation close to reality? Specifically how do they compare with bank forex rates? THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT PROTECTED BY PERBADANAN INSURANS DEPOSIT MALAYSIA. For example, you can have a CIMB Singapore bank account, transfer RM to SGD, then fund your Interactive broker account through CIMB SG. Stocks that have increased the most in price — Hong Kong Stock Market. Open a global trading account in Malaysia associated with the local investment banks and security firms, and … Available on subscription basis. or 0.40%, whichever is greater, Either US$ 50 min. Trading on the Hong Kong Stock Exchange . But dividend declared and distributed by US stocks will be subjected to withholding tax. or $0.05%/share, whichever is greater, Either SGD 50 min. I am not sure if we can short-sell foreign stocks with a local account. Open a trading account in the country where the respective stocks originate from. thanks, your articles are very helpful, keep the sharing alive! Can we as a Malaysian invest or trade using the Robinhood app to buy US stocks? Currently, I live in Malaysia and I trade US stocks. For method 1, open a trading account, you mean like “Fidelity investment”? or 0.42% for