Share Margin Financing (SMF)
Share Margin Financing is a credit facility offered for investors to finance the purchase of quoted securities on the Bursa Securities only, by placing acceptable collateral with us.
This facility is suitable for active and sophisticated investors who wish to capitalise on market opportunities and to increase and diversity their investment portfolio.
Low interest rate from *5.00%
Low initial deposit of RM 20K
Minimum RM 28 per contract
Product Details
Facility Limit
Minimum RM 20,000 to RM 1 Mil (Mix Counters) *
Interest Rate
4.80% - 5.20% **
Rollover Fees
0% **
Margin of Finance (MOF)
Up to 50% **
Margin Call Ratio / Days
Above approved MOF + 5%
Marginable Shares/Equity
FBM 100 index component stocks
Main market
ACE market
Warrants (lifespan > 3 months)
ICULS
REITS
Collateral Flexibility
Quote Shares: Up to 1x
Cash: Up to 2x
Other Fees and Charges
-
Stamp Duties: Principal agreement - Ad Valorem (i.e. 0.5% of facility limit)
* Stamp duty rebate is subject to Terms and Conditions
CDS opening fee - RM 10 waived
Brokerage
0.42% or Min RM 28 (<100,000) ***
0.21% or Min RM 28 (<100,000) ***
* Terms and Conditions Apply
** Subject to approval
*** Negotiable upon account traded
Want to have more leverage in your investment?
E-Direct (Cash Up-front) with Foreign Investing Service (FIS)
E-Direct account is a Cash Up-front account which allows investors to trade at local exchange and up to 11 foreign exchanges by using Foreign Investing Service (FIS). This account offers investors to diversify investment portfolio in various Foreign Stock Exchanges online with the convenience of single trading limit and login ID.
Trade 12 exchanges at one time
Online trade for NYSE, HKSE and SGX
Minimum 0.25% per contract
Online Trading
Offline Trading
Want to have a competitive trading account for local stocks and more exposures in foreign stocks?
Collateralized (T+2 / T+7)
T+2/T+7 account is a collateralized account which allows investors to trade with higher collateral limit as well as longer settlement period for leveraging their wealth and capitals.Hence,this account allows more flexibility for investors to manage their portfolio.
