szehau's weblog Life, Internet, Software, Gadgets, Programming and Investments

Trade Online With Cheaper Brokerage Rate At HLeBroking

I have a pretty good experience using HLeBroking. HLeBroking is well known with its system performance and low brokerage rate. I'm quite satisfied with their service and system performance.

Recently I found that there is a new promotion for new customer who signs up HLeBroking. The promotion's brokerage rates are 0.38% for RM100,000 and below, 0.19% for RM100,000 above and 0.10% for intraday trade.

I think the old customer should have the same benefits too. So I sent them a mail last few days to ask if I can get the same rate and also asked a question about the interest rate in the share account.

Very promptly, the next day they replied me and said that my brokerage rate will be:

(Online) 0.00 -  100,000.00 :  0.380%
100,000.01 -  Max :  0.190%

Not bad huh?

About the interest rate for cash money in the share account, they replied that the cash deposits will be placed in a trust account with Hong Leong Investment Bank Berhad. A minimum credit balance of RM1,000 will earn you an interest of 1.65% p.a, subject to variations from the bank.

The interest rate is much higher than a saving account! You can put you money there while not buying any stocks to earn some interest.

If you have a HLeBroking account and trade online, you can send them an email to see if you can get the same offer.

Read more about the promotion: http://www.hlb.com.my/promo/eb/trade/tc.jsp?s=promo

Related Articles

• REIT – Real Estate Investment Trust
• New Tick Sizes for Securities Traded on Bursa Malaysia
• KLCI is now FTSE Bursa Malaysia KLCI (FBM KLCI)
• Monthly Repayment for Housing Loan
• New FTSE Bursa Malaysia KLCI
• GENM
• Maybankard Ezy Cheque – Will You Take the Offer?
• What Have You Done to Achieve Financial Freedom?
• ChartNexus – A Must Have Software for Beginner in Stock Market
• Maybank2u’s TAC request service is really bad