Free registration for 1st 100 clients.
Apex offers better margin and trading facilities. It is also a well established company
For example. Cash X2 margin even for ACE market stocks.Shares negotiable on margin line.
There is no subscription fees for tips and info.
The subscription is for Apex Trade MasterTips.
Info are sent by email everyday.Apex will also inform you when to buy and sell.
Clients are able to gain access to their online trading accounts through any Android and Iphone.
Clients are allowed to sign up for cds and nominee accounts at the same time for more optionsProspect1: LH FooI have a few quick questions. 1)
What are the charges for online trading?
Please see attached product listing.
If it is just a general question from client,
below 100K is 0.42% subject to a minimum of RM12/=
above 100K is 0.21% subject to a minimum of RM12/=
2) What is the system based on? is it N2N connect or is it on another system?
Our online trading portal is provided by N2N Connect.
3) I quickly checked the website. It only has branches in selangor. Will it be difficult for me in Penang?
We have a kiosk in Penang
Apart from that ,location is no longer an issue with online trading. We have clients from overseas too. Trading and settlement can be done via online.
4) Does it have a trust account, so that I can put the money from selling shares there for future share purchases? Does it accrue any interest for any positive balance in the account?
Yes, you may keep your sales proceeds in the trading acc. Minimal interest of 1% will be credited on month end subject to credit interest is above RM1/=
Prospect2: Thum
And I would like to und what does the apex free charts do?Is it to alert users when to enter and run for their counters?
There is a new software that will be launched soon by Apex
Free charts in apexetrade is just a basic chart. For alerts and filtering, you need to sign up for ATM (Apex Trade Master). Find out more in our coming seminars this Sat, 25 May 2012 at Klang kiosk this sat or Damansara Jaya on 9 June . send sms to 016-3311 118
Thum:
what is the diff between nominee and normal account in terms of margin, brokerage rate and dividend?
Nominee account has trading limit of 4 Times. If you bank in RM1k you get RM4k trading limit. You can hold RM1k worth of stocks. So balance of the RM3k will be on Contra (Apex has T+4)
why apex fees can not be lower like cimb, jupiter or hong leong?
Can depending on how much you bank in. Brokerage can go as low as 0.05% if you choose the RM50k package. See attached sheet.
where are the tips?
Tips come in the forms of EMAIL officially and also through the grapevine (rumours from some insiders). Once you have the account, will let you know some of the tips to buy,
Prospect3: Anne
Can I play forex in the account?
No as this is trading account for shares only.
Prospect4: Richard
Can I buy US / HK stocks, what are the charges and process?
Which stock exchange does Apex support?
Yes you may buy US and HK stocks. will email you the charges as its long list. Foreign shares - US, UK, Australia, HK , Singapore, Thailand, Japan. For HK and Thailand we have online trading and it is cash upfront.
For foreign applicants
Cash basis.Meaning they will need to bank in cash first.Bank CIMB, Malayan Banking Berhad.All bank accounts they can bank in.
Apex FAQ
1.How do I trade with www.apextrade.com ?All clients are required to maintain a CDS account and a trading account with us. The necessary forms to be completed and the related information are accessible at the Getting Started section.
You may call our CSRs at 603-8739 1118 or alternatively visit our service counter at:3rd Floor, Menara Apex,Off Jalan SemenyihBukit Mewah43000 KajangSelangor Darul Ehsan
2.Will there be any charges for using the online services or the research materials?No, it is absolutely free of charge! At apexetrade you get FREE REAL TIME QUOTES. All you have to do is to take few minutes to register and open a trading account with us!
3.What type of trading account can I open?Currently, trading via the Internet is only available to individuals. Normally, the type of account associated with online trading is the Securitised Trading Account. For more information, you may contact our CSRs at 603-8739 1118.
4.What's the difference between a trading account and a CDS account?A trading account is an account that you open with a securities firm such as JF Apex Securities Bhd so that you can trade in securities (ie. shares, bonds, debentures etc).A CDS account, which keeps a record of your shares (scrip bank).
5.How long does it take to process and approve my Trading and CDS accounts application?2 - 3 working days provided all documents are fully completed and signed.
6.If I request for a Trading Account application form by mail, when will I receive it? 4 - 5 days by normal mail.
7.If I am using the online trading service, can I still trade through my dealer's representative via telephone?Yes, the online channel acts as an additional means of accessing to your account and trading. You may still opt to buy shares through your dealer's representative and sell through the online channel and vice versa.
8.I am a foreign citizen; can I use the online trading service?Yes, you will need to open a trading account with us, and a CDS account with MCD (Malaysian Central Depository Sdn Bhd). Additionally, you will need to comply with the foreign exchange rules and regulation stipulated by the central bank, Bank Negara Malaysia (BNM).
9.Do I need to be present in person for the processing of the application?You may arrange for an appointment with our CSRs to sign the following documents in the presence of your dealer's representative/ CSR : Individual Trading Account Application form (for new client only)· CDS Account Application form + Specimen Signature card (for new client only)· Client Online AgreementHowever, if you are unable to be present in our office or your dealer's representative, you will need a Notary Public to witness your signature on the abovementioned documents before you send the documents to us.
1.Which market can I trade on apexetrade.com?At the moment, you can trade on all stocks listed on the Bursa Malaysia, Malaysia.
2.When can I submit my order?24 hours a day, 7 days a week. When the market is in session, your order(s) will be routed directly to the dealer's representative. However, if the market is closed, your order(s) will be routed to the dealer's representative in the next session when the market opens.
3.How do I buy or sell odd lots?Right click on the stock highlighted and click on 'Buy/Sell Odd Lot'. More information on odd lot can be obtained by clicking on 'Market', then click 'Odd Lot'. Key in the desired stock and the details will appear.
4.How will I know that my trade has been submitted?When an order is successfully submitted, you will receive a confirmation and an order number will be assigned to that order. The order will have the status of "Pending Dealer" in the Pending Order screen.
5.How do I know that my trades/ orders have been executed?Upon receiving your orders through the Internet, it will be directly sent to the Exchange via the dealer's representative. Your orders will be matched depending on market conditions and the volatility of the stock.
6.How fast can my executions be done through apexetrade?Upon receiving your orders through the Internet, it will be directly sent to the Exchange via the dealer's representative. Your orders will be matched depending on market conditions and the volatility of the stock.
7.If I am disconnected while sending orders, what should I do?If you are disconnected while sending an online order, reconnect and check your order at the Pending Order status screen. If your order did not go through at the time of disconnection, you will need to resubmit the order again.
8.Can I revise an order?You may revise a pending order that has not been matched in the market. A revision is only POSSIBLE for the QUANTITY of the order. To revise the price, you will have to cancel the WHOLE order and submit a fresh order. If you are away from your computer and wish to revise an order, you may call your dealer's representative to assist you.
9.Can I cancel an order?You may cancel a pending order as long as it is not matched in the market. If you are away from your computer and wish to cancel your order, you may call your dealer's representative to assist you.
10.What will happen to my unmatched orders at the end of a trading day?All unmatched orders for the day will expire at the end of that trading day. However, if it is a Good Till Date (GTD) order (this is a Standing Instruction, good till a certain date specified by the client), it will automatically re-queue at each trading session until it is matched, or when the instruction expired, rejected or failed.
11.What happens if I submit an order after the market is closed?An order submitted after the close of the market is classified as a Standing Instruction. You may view and manage these standing instructions at the "Pending Instruction" screen. Your order will be queued for execution when the market opens on the next trading day.
12.What is the maximum timeframe for a GTD order?You may place a GTD order for a maximum period of 30 calendar days from the day the order is submitted.However, if this Standing Instruction order is rejected or failed, it will NOT automatically re-queue at the next trading session. When this happens, you are advised to key in a fresh Instruction.
13.What happens if I make a mistake, such as buying or selling the wrong stock?Once a trade is matched, it is treated in the same manner as trades executed through your dealer's representative. We advise you to exercise caution in your choice of stock and extra care in the online submissions of your orders.
14.In what situations would an order be considered unacceptable?
An order will be considered unacceptable is any of the following situations:·A counter has not been selected·The stock quantity is less than or equal to zero·The stock quantity has exceeded the maximum quantity allowed in a single trade·The stock price is less than or equal to zero·The stock price has exceeded the upper or lower price limit allowed·The stock price is not in accordance with the price bid interval as provided by Bursa Malaysia· The order date was submitted wrongly ie. backdating is not allowed·The particular counter has been suspended·You have no trading limit·You have exceeded your trading limit·Your trading account has been suspended.Your account has not been activated
15.How do I keep track of my order status?The status of every order is tracked in the "Order Status" screen. Generally, there are 8 types of status
Status Description
1.Pending Dealer Your order has been successfully submitted and is pending for execution by the dealer's representative.
2.Pending Exchange Your order has been successfully executed by the dealer's representative and is waiting for the order to be matched at the exchange.
3.Matched Your order has been matched at the exchange.
4.Partial Matched Your order has been partially matched, with the matched quantity shown.
5.Session Expired Your order has expired at the end of the session.
6.CancelledYour original quantity ordered has been successfully cancelled.
7.RejectedYour order has been rejected. You may view the reason for rejection by moving your mouse pointer to "Rejected" status.
8.Fail BFEThe Broker Front End (BFE) trading system has failed to execute the order to the exchange. For example, a request to cancel or revise an order was initiated but could not be processed because a matching process is in progress.
Important tip:
In order to view the updated status at any point in time, please refresh your screen by pressing F5 (Refresh shortcut key)
16.How can I track 'Off Market Hours' orders? Orders placed during 'Off Market Hours' can be tracked in 'Order Status' under the category 'Instruction' until the next trading day.
17.How do I set up my stock portfolio in the system?The system will manage the portfolio for you. This portfolio will be automatically updated whenever a buy and/ or sell order has been matched.
18.Can I submit or amend orders via email?No, we do not accept submissions or amendments of orders via email. All orders and cancellations must be placed through our recognized trading channels, which is, the Internet or telephone.
19.How do I view my historical data?All historical data may be viewed from the "Order Status" screen. Click on the History button from the respective "Order Status" screen (except "Pending Order" screen) and the historical data screen will pop up. All historical orders will be kept for approximately 3 months for the respective status. Orders that are older than 3 months will be archived at the end of the period.
20.What type of transaction costs do I need to pay in order to trade online?There is NO additional transaction cost! You only need to pay for:·
20.What type of transaction costs do I need to pay in order to trade online?There is NO additional transaction cost! You only need to pay for:·
Brokerage Commission (below are the rates effective from 1st Feb 2008)
Contract valueCommission Rate (%)100,0000.30 of contract valueOnline routed retail tradesSame day buy and sell trades(Intraday)Up to 30% discount0.15% of contract value· Minimum commission for loan stock transactions shall remain unchanged at RM2.00 and for other transactions shall remain at RM28.00 per contract for online trades.
Clearing fee for On-Market of 0.03% of contract value.
Stamp duty of RM 1.00 for RM1,000 or fraction part of contract value.
Stamp duty of RM 1.00 for RM1,000 or fraction part of contract value.
21.What happens if I am away from my computer? How can I place an order?If you are away from your computer or have some difficulty placing an electronic order you may call your designated dealer's representative to place a trade at no extra charge. For your easy management, all Phone Orders will be reflected under your online "Order Status" screen upon submission, and are indicated with a "P" in the "Order Status" screen under the "Order No" column
.
22.What is a contra transaction?A contra transaction takes place when you buy and sell the same counter/ stocks within T+3. It is a transaction where a member company allows its clients to settle outstanding purchase positions against outstanding sales positions of the same securities.
23.What is a Limit Order?A Limit Order is a Buy or Sell Order of shares at a specified price, or better. In this case, the order will not be completed at a price higher for a Buy Order or lower for a Sell Order than the specified price. While this type of order offers the investor some security in the cost of the transaction, it also narrows the possibility of an executed order. An investor would commonly use this type of order if he wants to achieve a targeted price during a specified time period.
24.How will I know how much is my trading limit? Trading limit is reflected in the 'Portfolio' as "Balance" and as "Credit" in the 'Buy/Sell Applet' screen.
25.If I have more than one trading account with the etrade facility, how do I ensure I trade under the desired account?In the 'Buy/ Sell Applet' click on the little arrow under 'Account No/ Name'. Your trading account/s maintained with JF Apex will appear. Click on the desired account to trade.
25.If I have more than one trading account with the etrade facility, how do I ensure I trade under the desired account?In the 'Buy/ Sell Applet' click on the little arrow under 'Account No/ Name'. Your trading account/s maintained with JF Apex will appear. Click on the desired account to trade.
Under FAQ there are many more….
http://www.apexsec.com.my/Apexestatement/
To sign up for Apex Trading Account,kindly enter your
name and house address in the contact form below
For more enquiries email to stocktrading888@gmail.com
To sign up for Apex Trading Account,kindly enter your
name and house address in the contact form below
For more enquiries email to stocktrading888@gmail.com
No comments:
Post a Comment