This blog will share the experience on how to own shares in Malaysia. Things to consider when opening a brokerage account in Malaysia 1: Direct CDS or Nominee CDS account? Investors who wish to trade in stocks listed on Bursa Malaysia must open CDS (Central Depository System) account with brokers. Securities/Stocks bought will be credited into CDS Accounts that the investors have opened. Likewise, these securities will be debited from the CDS Accounts.  Comparison between Direct CDS account and Nominee CDS account. Which one is better? Direct CDS account or Nominee CDS account? By looking into the above comparison table, I would say you should get a Direct CDS Account. I have many clients switched their nominee accounts to M+ Online Direct CDS account due to the flexibilities and benefits. Furthermore, you may use BursaAnywhere APP to transfer the shares from Nominee CDS account to M+ Online Direct CDS account. Bursa will charge RM10 per counter. (Free of charge if you register an account with me) 2. Role of a stockbroker How does this help me choose a stockbroker? Because I think it's important to know what you want to achieve with your investments before choosing a stockbroker. You want a stockbroker/Remisier who will help you reach your business goal. 3. Offline/Online access I like having access online more than offline. It's simple, quick, and much less expensive. These days, trading systems are made so that anyone can trade stocks, even if they aren't very good with computers. You have less room to make a mistake. That being said, you can always call or WhatsApp your stockbroker for help if you don't understand how to use any part of your brokerage's trading tool. So, the most important thing is to find a stockbroker or trading agent who can help you. Also, I like it when trading firms have offices close by, so it's easy for me to go down there if I need to. 4. Brokeraga Fees Below is a list of Malaysian brokerage firms and their minimum transactions fees for trading Bursa Malaysia shares based on cash trading (non-margin). The trading limit of these cash accounts depends on the amount of cash you deposit in your brokerage account. They usually have lower brokerage charges than margin accounts. Generally, using margin financing is a double-edged sword and a risky tool that amplifies both earnings and losses. Other charges like (Clearing Fee, Stamp Duty, etc. are all the same)  A comparison table of Brokerage Fees between brokers in Malaysia If you would like to try our M+ Online Cash Upfront Account for Malaysia stock market, you may click/scan below QR code to register online.
Now we are combining the registration by using M+ Global Online Registration.
M+ Global is an app that recognized and approved by Securities Commission Malaysia. You can use this app to sign up for Malaysia, Hong Kong & US Stock Trading Account. My Invitation Code in M+ Global: UBZQ Make sure you have entered my Invitation Code. So I will be your Remisier and you will receive all my FREE services once your account successfully registered. Kindly reach me at +60169059789 if you have any doubts or questions.
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