Look at the following brokerage and you determine whether it is the lowest brokerage / commission or not. Per trade is only $0.20. There are a few simple conditions that need to be met.
Terms and Conditions:
It has be an online trade and cash upfront (for buying).
You still have to pay your own stamp duty and clearing fee.
Only one matched price is allowed. If there is more than one price being matched, a surcharge (extra charges) of $1.00 for each additional price.
Maximum quantity is 5,000 shares. There will be a surcharge of $1.00 for each additional 5,000 shares.
Maximum value is $10,000. There will be a surcharge of $10.00 for each additional $10,000.
You can only key-in one order. There will be a surcharge of $1.00 for each additional order, amendment or cancellation.
You have to book your brokerage now and fix a date that you want to trade. The trade date has to be at least 3 months from your booking date.
Upon booking, you have to pay all fees upfront such as stamp duty, clearing fee, and all surcharge etc. Non-refundable.
If the actual brokerage plus all charges are more than what you have paid during booking, there will be a surcharge of 50% on the difference.
After knowing the terms and conditions, you think this can be the cheapest brokerage? Stamp duty and clearing fee you need to pay, that is very normal. As long as you trade less than 5,000 shares and less than $10,000, with one order and one price, you only need to pay $0.20. I think this is the cheapest.
NOW EVERYONE CAN TRADE IN STOCK MARKET
Note:
The above is just my own imagination. There is no such thing.
Add my blog link to your blog, here.
http://politemarket.blogspot.com/
What is PEGGY Method in Stock Market, here.
PEGGY Method
Thanks
Using Peggy Method and Dollar Cost Averaging to Invest. Bursa Malaysia KLSE KLCI. Add me in your blog and visit me often.
Disclaimer
Disclaimer Clause
The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
All the contents I am talking to myself and most contents are hypothetical or imaginary.
This blog has been compiled in good faith, with no intention to cause hurt, loss, or any trouble. No representation is (either express or implied) as to the completeness or accuracy of the information it contains.
This blog also is not an advice, recommendation or an invitation to buy or sell or invest in anything, eg shares, futures, derivatives, gold, etc. Consult your investment adviser before making any decisions.
The copyright of the material contained in my blog remains solely with me. You shall not copy, reproduce and / or distribute this information without my permission.
The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
All the contents I am talking to myself and most contents are hypothetical or imaginary.
This blog has been compiled in good faith, with no intention to cause hurt, loss, or any trouble. No representation is (either express or implied) as to the completeness or accuracy of the information it contains.
This blog also is not an advice, recommendation or an invitation to buy or sell or invest in anything, eg shares, futures, derivatives, gold, etc. Consult your investment adviser before making any decisions.
The copyright of the material contained in my blog remains solely with me. You shall not copy, reproduce and / or distribute this information without my permission.
Subscribe to:
Post Comments (Atom)
Welcome back & happy new year.
ReplyDeleteSound like Air Asia
ReplyDeleteHi which broker offer this promotion...???i use maybank account....Thanks
ReplyDeleteNo broker, this is just imagination using AirAsia concept.
ReplyDeleteOk. Thanks Anyways
ReplyDelete