104458690
commented on a stock · Sep 26 17:43
$MAYBANK (1155.MY)$ Can anyone share what is the benefit of...
$MAYBANK (1155.MY)$ Can anyone share what is the benefit of using direct CDS account like Maybank Trade and MooMoo nominee account? Which one is better?
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pew2 : faster to receive dividend for direcr CDS,
stocks will be held directly under your name,not under Moomoo,
less hassle in applying for IPO.
easier to apply to join and vote for AGM.
and maybank trade direct CDS brokerage fees is expensive. i have direct cds with some stocks under maybank and brokerage fee is rm28 per trade.
IMO, for regular retail investors/traders using online brokerages like moomoo is better in term of cost or fees.
104458690 OP pew2 : thank you for the knowledge...
pew2 104458690 OP : you're welcome boss.
CY90 pew2 : direct cds is better. own share ownership
pew2 CY90 : yeah. i already mentioned it above that the stock will be held directly under our name,not nominee accoun like Moomoo.