Things you should know about your Share Trading Account:
Items
Requirement / Definition
Remarks
Trading Account Type
Securitized Trading A/C
Name appearing in the Share Trading Application form must be the same person who will register at the Online Share Trading System. RM10 will be charge for CDS account opening.
Tradeable Securities
Bursa Malaysia listed securities only
Trading in foreign securities are not allowed.
Customer Instruction (to buy or sell)
Via CIMB Clicks only
If the Online Share Trading System or CIMB Clicks is down, RM8.88 will still apply with minimum cash balance of RM10,000 in Clicks Trader account.
No phone calls will be entertained by CIMB Investment Bank.
Brokerage Rate
0.0388% or RM8.88 (which ever is higher)
0.0388% or RM8.88 (which ever is higher) per matched order per session. Other fees still applicable ie:. clearing fee and stamp duty.
Contra Duration
Up to T+2 days
T = Trading day
Settlement Duration
T+3 days
Fund available in Clicks Trader account will be automatically debited for any outstanding position and credited for any sales.
Trading Limit
1 x Cash Value
Shares in CDS account will not be given value. The maximum trading limit is capped at RM300,000 unless otherwise requested by the client.
TradingSuspension
Account will be suspended from trading once there are any unsettled contra losses overdue for more than ten (10) calendar days.
Important to note: CIMB Investment bank will not absorb the CDS transfer fee incurred when customers transfer their shares from another brokerage firm.
To apply for a Share Trading Account, follow these simple steps:
Step 1:
Download the Share Trading Account Application form here.
Step 2:
Complete all relevant fields.
Step 3:
Submit completed form to any CIMB branches along with application for Clicks Trader Account.
iTrade Online (Registration Guide)
Register in 4 easy steps:
Log onto www.itradecimb.com.my
Click on Register > Select Individual
Tick on Equity Online Registration and view the terms & conditions to proceed
Read, understand and accept the Terms & Conditions
Select the category
Complete all relevant fields & click “Submit”
Note : Trading PIN is required every time user performs online share trading transactions.
Upon successful Online Registration, an acknowledgement screen will appear (shown left).
You should receive an email (shown left) upon completion of online registration.
Note : A formal letter detailing the customer’s trading account details will also be mailed to the customer’s mailing address.
