Do you want to invests overseas, but is not sure how? Do you want to invest in high flying technological stocks such as Apple and Microsoft but wonder how to do it? This article focusing on investing via local Malaysian stock broker while the previous article more on US based Stock Broker. There are many options as to what brokers you may use, however, having a US broker or online broker may somewhat be a daunting tasks, especially in depositing money to an unknown entity in far away places.

A local broker which you can visit and actually see their buildings? In fact if you are too lazy to go there, give them a call and they will send someone to attend to your account opening, right in your home or office. Any season investor would know that the best strategy of a great investor is to diversify into new markets and new companies that can represent significant growth opportunities.

Giving new companies with much needed capital would accelerate economic growth, and the investor would be rewarded by the new wealth created. Be sure to mention that you want to trade in overseas market and they will provide you with the additional forms to fill up and do ask all your burning questions to the representative to get them answered.

CIMB has gone into great length to provide Malaysians a one stop investing solution. You can perform your trade yourself, online, in real time. The platform is quite easy to use. Upon a trade, they will send the contract via email to you, and they may also send you a snail mail for your monthly statement. Understanding your monthly statement can be a daunting task due to the complexity of multiple transfers, markets and currencies involved, however once you get the hang of it, you will be just fine.

Does tens of trillions of ringgit startle you?

Check out an article on the Dow Jones Component HERE http: Many foreign international companies are essentially listed and traded in these stock exchanges and most of them are accessible for over the counter trade. One single market access to the NYSE, would open doors to many countries such as South Korea Samsung anyone? The American Depositary Receipt was created in order to facilitate investments in foreign companies.

These companies voluntarily list their stocks into the NYSE for example, and since every stocks listed in the US must follow SEC regulations the regulatorthese companies would do so too. Therefore, investors are quite protected.

Several hundred foreign companies are listed in this ADR program. The NYSE is also the place for the Dow Jones Index, a very popular index where many people benchmark their own performance to. Do you know that these American companies have very large presence globally, that sometimes their revenue is derived mostly from overseas and not from America? Therefore buying these large global companies can provide you with significant reach and leverage to many markets at the same time.

They also provide stability and diversification, which an investor would always love. Owning a share in General Electric is like owning a share in a multitude of different corporations, in different countries and markets, all at the same time.

This is the ultimate diversification a long term investor requires.

There is also a multitude of ETF which an investor can purchase. Do you want to own shares in a multitude of solar companies?

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In your trading account, you will deposit money in Malaysian Ringgit. Say you deposits 30, ringgit. This money will be deposited into a Malaysian Trust Account which means CIMB Investment Bank is the executor of the trust account that you own. Then you buy the shares of the company you have researched well and would love to own such as Google or maybe Facebook.

Say that you spend 20, ringgit in buying the shares of that company. The purchase is performed live, during trading or off trading session. You will normally have 3 to 5 working days before your purchased is deducted from your trust account. To pay for the stock purchase, your Malaysian Ringgit in the Malaysian Trust Account would be automatically converted into US Dollars. Now you will have RM10, left, plus a bunch of shares of Google or whatever companies in your account valued at 6, dollars.

Now you will sell it, all of it; so you will receive USD6, trading costs excluded for ease of calculations. At the same time you are eyeing to buy the shares of Coca-Cola, which is partly owned by Warren Buffett, the legendary investor, which you think is pretty undervalued in the market right now.

In fact they will automatically create a foreign currency trust account for you, right inside your trading account, all in US Dollars. So upon selling your Google shares etc. Conversion will be done only upon your instructions. This way, you may trade repeatedly by buying and selling shares denominated in US Dollars, without ever incurring any conversion loss. You may spend RM6, buying the shares. And should you sell these shares in the future, a trust account in HKD will be automatically created for you.

There is no other nicer way to have a multitude of currencies, all in a single account, while being able to buy and sell shares! A snapshot of your trading account and trust account would look like this if you sell off all of your shares, but did not convert the currencies back into Ringgit. Of course you can convert these foreign currencies back into Ringgit, especially if you also want to become an FX trader!

Your overseas investment in foreign currencies is a great insurance against any downward forex movement of the Ringgit. Again, you are not impacted because your shares are still kept in US Dollars and the share price would self adjust to account for any inflationary impact of the decline vps for forex metatrader the value of the US Dollar.

Assets such as your EPF, your houses, cars etc. For investors like you, there is no need to open any foreign currency account which usually pay very low interest rates and which you cannot use for buying shares. To those who are afraid that the Malaysian Ringgit could depreciate and the Dollar goes upcan transfer as much as they could, and then buy as much shares as they could, and later sell them all back, and keep your proceeds safe and sound inside the US Dollar, or the currency you would prefer.

Or better yet, just let the money be invested in the US companies and reap the regular dividends. Why not diversify and bring in more profit and own more companies worldwide?

Are you over exposing yourself to one market alone? For more article on stock purchased returns and risks do visit http: Just how much it will cost you to buy shares in the US?

The minimum charge is 25 dollars per trade, plus other misc charges. It is different for each of the stock exchanges. Yes, that is right. You malaysia stock broker commission claim a superior conversion rate obtainable only by a large investment bank such as CIMB.

Take a look at the sample of an executed trade below. Note that the conversion rate obtained for that day was basically the same as the forum trade binary options profitably rate, which is a great conversion rate! Ringgit was traded at around 3.

Therefore the conversion to US Dollar is so good, it even beats local foreign currency account conversion rates.

For example, if you buy shares in Bursa Malaysia and then sold the shares and the proceeds are kept in Ringgityou will almost obtain an automatic FD rates on the proceeds. This is a nice benefit of keeping you money in the account, all with minimum hassle to obtain the highest possible rate.

Big business candy in machines make money vending of the global companies pay good and steady dividends, in US Dollars or in their native currencies.

The proceeds will be kept inside your account in the same currency, i. Dollars or SGD or HKD. NYSE allows you to buy as low as only one share in a company, lower than what Bursa typically allows. But if you just want to buy or sell, even RM5, worth of shares would do just based global forex trading. If you are non American, chances are you will not count working days in excel taxed for your buying and selling of shares unlike an American could.

So it is even better for you. This is the same as you would be buying shares right here how much does an enrolled nurse earn in nz Bursa Malaysia. Without capital gain tax, this would mean even more profit for you. Other than that, overseas income is not taxed in Malaysia and usually will not need to be declared to LHDN.

Then fill in the on-line form so that they can contact you and visit you if you would like to open one. This is a great service from Work from home jobs pgh to grant worldwide access to Malaysian investors. By the way, you may play with the demo at http: Readers are advised to conduct their own research on the best route for investing in stocks.

Author provides no warranty as to the accuracy and correctness of the advice provided in this article. Readers are advised to check with the actual provider i. CIMB Investment Bank for further details.

Bursa Malaysia CIMB Bank CIMB iTrade NASDAQ NYSE US Dollar. I am from Penang. Basically i planned to purchase US oil fund ETF USOjust wonder is ETF can be delisted or goes bust like stock? ETF is normally composed of the shares of multitude of companies. For example, it may have 10 to 20 stocks, and it is unlikely for an ETF to go into bankruptcy or all shares become zero in value.

One or two of the companies in the ETF may go bust, but for all at once is almost impossible to occur. Hence, the risk is normally low. ETFs are a lot like mutual funds, but they are traded daily and in the open market, just like ordinary stocks. Similarly, it is very rare for a delisting to occur, and if it does, you will be notified.

Worst that will happen is that they will return your money, or just give you the purchased shares; again the chance forex pas babette 945 losing your money is really slim.

When gold price crashed recently, a lot of gold companies went bust, including many mining companies. However no gold based ETF has failed yet at last count.

Solar panels earn money someone with limited money like me, I almost always, never buys into ETF or mutual funds. In my opinion, buying individual companies directly is the best way to go.

The only time you should be going for mutual funds and ETF is when you have millions of ringgit that you are having difficulty in investing and managing all of them. But this is only my personal opinion, however it work very well. Hi, Wanted to ask if there is any other investment bank that provide this services?? I got to know that maybank also having such investment account but not sure how different about maybank account with CIMB account as you have mentioned. Besides, if you have noticed there are others bank that provide this function which bank is more recommended to go for?

I use cimb trading platform but it has deficiencies. After logging in, the software tends to crash a lot, the overseas share price tends to be non real time especially for the US markets. This is a very informative article. I am interested in buying US Vanguard ETFs. However when I contacted my cimb i-trade. That is not true. You may purchase US based ETFs.

Try it in your system. For example, you may buy Vanguard Hi Dividend Yield code: I like high dividend yield US company.

They paid dividend every Quarter. With itradeCIMB, Does it mean yearly 4xUSD10 will be charged for processing? Any other alternative with lower charges? Seems to be the case.

How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading? - 1-million-dollar-blog

In my opinion, to lower the charges, you will need to own more of the shares. When you hold a comfortable amount as suggested in the article above, this fee shrinks. The dividend money will be kept in US dollar in your very account. Thanks and appreciate your good article.

However do you notice that US online brokerage firms do not accept new account application from Malaysia anymore? I just encountered a big problem the conversion rate is crazily high in CIMB itrade, i make the complaint but everyone just push around.

How to Invest in Overseas Stock Markets Easily 10th March, Stock BrokersStock Market GuidesUS Stock Market 14 comments. Do you want to invest into the largest stock market in the world NYSE but have no idea how? Do you want to invest in just about any large and reputable company, in almost the entire world?

Investing into NYSE and the Nasdaq would open doors to markets all over the world. Almost Free Currency Conversion Yes, that is right. Dividends Many of the global companies pay good and steady dividends, in US Dollars or in their native currencies. Tax implication If you are non American, chances are you will not be taxed for your buying and selling of shares unlike an American could.

The advantage of US based broker Much lower trading fee. As low as USD2. You have to remember, you have to pay the trading fee per trade. If you buy similar stock 5 times in a day, you will be charged 5 times.

In Bursa Malaysia, you only charged 1 time. Some Malaysia Stock Broker may perform currency exchange each time transaction is made. You may loose on currency exchange. With US base Stock Broker, you do not have this problem. Why Should I Invest or Trade in US Stock Market? How to Invest or Trade in US Stock Market for non-US Citizen? ASM Unitholders Get 6. Leave a Comment Cancel reply.

Lawrence 10th March, Hi, I am from Penang. Sharif Rahman 11th March, Ann 30th March, Tim 26th July,4: Kuan 30th September,6: Hi there, This is a very informative article.

Do you have any idea on how I can purchase US Vanguard ETFs?

Comparison Between Online Stock Broker in Malaysia : 1-million-dollar-blog

Thank you very much! Sharif Rahman 3rd October,3: Chew 31st October,4: Sin 2nd November, Sharif Rahman 3rd November,2: J Phuah 29th December, Jonathan Lim 10th May, How do I fill in type of Visa?

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