Equities & Derivatives
Register now
Click here to open account
Benefits
- Trade anywhere & anytime
Enjoy access to a selection of online trading tools to make convenient tradings through a personal platforms of your choice.
- Competitive brokerage fees
Enjoy rates of 0.05% or Minimum RM8.00 for Equities Trading.
- Negotiable brokerage rates
No elements of 'Riba’ such as contra service charge, interest charges and interest income.
Fees Schedule (Equities)
Stamp duties : RM1.00 for every RM1,000 (or fractional part) of the transaction value of any marketable securities, maximum RM1,000
*Stamp duty rebate is subjected to Terms & Conditions Apply.
Subsidiary agreement – Nominal (RM10.00 each)
CDS Opening fee : RM10.00 (8% of service Tax applicable)
Features | eDirect (Cash Upfront) |
Collateralised Trading |
Brokerage | 0.05% Min RM8 |
< RM100k 0.6% @ > RM100k 0.3% Min RM40 for offline trade < RM100k 0.4% @> RM100k 0.2% Min RM28 For online trade |
Trust Account Interest | 2.15% | 2.60% |
Trading Limit | 0.99X for cash | 3X for cash 2X (Share Capping) for share |
Settlement Basis | Amalgamated | |
Note: Intraday- 0.15% min RM40 for Offline Trade 0.15%min RM28 for Online Trade. Statement of Fees & Charges for eDirect Cash Account eDirect Cash's Product Disclosure Sheet (English) eDirect Cash's Product Disclosure Sheet (Malay) Collateralised Trading's Product Disclosure Sheet (English) Collateralised Trading's Product Disclosure Sheet (Malay)
|
Brokerage | |
eDirect | 0.05% Min RM8 |
Collateralized Trading | 0.6%@0.4% min RM40 for Offline Trade 0.4%@0.2% min RM28 for Online Trade |
Intraday | 0.15% min RM40 for Offline Trade 0.15%min RM28 for Online Trade |
Trust Account Interest | |
eDirect | 2.15% |
Collateralized Trading | 2.60% |
Trading Limit | |
eDirect | 0.99x for cash |
Collateralized Trading | 3X for cash 2X (Share Capping) for share |
Settlement Basis | |
eDirect | Amalgamated |
Collateralized Trading |
Fees Schedule (Derivatives)
Brokerage / Contract | Intraday | Overnight |
FCPO | 11 | 13 |
FKLI | 13 | 13 |
F4GM | 9.5 | 9.5 |
FGLD | 10 | 10 |
FM70 | 10 | 10 |
Notes:
*Rates quoted above are subject to 8%SST
*Interest to Futures Account (Applicable to Retail Clients only)
Account with margin surplus RM50k or above.
Interest rate: Prevailing rate quoted by Bursa Malaysia Derivatives less administration fee of 1.00%
Benefits
- Flexibility
IDSS allows eligible clients to sell securities first and buy the same securities later.
- Convenience
IDSS order can be executed online via trading platforms
Eligibility
- Clients are required to open a designated trading account for IDSS trading in the name of Amsec Nominees (Tempatan/Asing) Sdn Bhd
- Clients must have an active Personal Trading Account with AmInvestment Bank Bhd (‘the Bank’)
- Clients are required to comply with the prescribeddealer’s representative terms and conditions and requirements set out by the Bank.
* For more information, kindly contact our dealer’s representative or remisier
Documents Required
All clients will be required to complete the following documentations prior to participating in IDSS:
a) Terms and Conditions for Intraday Short Selling that covers:
- the SBL terms with the Bank to borrow Eligible Securities or purchase ISSBNT Eligible Securities to settle potential failed trades in the event any IDSS executed by the Client are not closed out by the end of the day.
-
the IDSS risk disclosure statement.
-
the written declaration from the Client that he/she/they fully understand the IDSS requirements in accordance with Bursa rules and that the Client is not associated with the body corporate that issued or made available the Approved Securities to which the IDSS is to be entered.
-
Client’s acceptance of the salient terms and conditions set-out by the Bank for trading IDSS with the Bank.
b) Account Application Forms and all the required supporting documents (applicable to new clients only) / Updating form (applicable to existing clients only)
c) Nominees Agreement (where applicable).
*Once eligibility criteria are met and approved, the Bank will open a designated IDSS trading and a CDS account for the client to trade IDSS.
Fees & Schedule
Processing Fee | RM150.00 per matched borrowing |
Borrowing fees | 3.00% of the borrowed securities value per matched borrowing / per annum (daily calculated) with minimum of RM50.00 |
Contact us
Email: [email protected]
(Mon - Fri: 8:30am - 5:30pm)
(Saturdays, Sundays & Public Holidays: Closed)