现金户口
✱ Trading is limited to the amount you've deposited, similar to a debit card.
✱ For example, if you deposit RM50K, your trading limit is RM50K.
短期杠杆户口
✱ Trading limit is double the amount you've deposited.
✱ For instance, if you deposit RM50K, you get a RM100K trading limit. The extra RM50K needs to be repaid within 2 days.
保证金户口
✱ Margin trading refers to a transaction in which you use the securities or assets in your account as collateral and pay the related interest and handling fees to borrow more funds from M+ Global for securities purchases.
Video Guide
Brokerage Rate 经纪费率
> RM50K = 0.05%
< RM50K = 0.08%
Intraday: 0.05% or Min RM8 (whichever is higher)
Trading limit: cash deposited x (99.5%-RM40)
T+2 Gold Contra Account
Brokerage Rate 经纪费率
> RM50K = 0.2% | 0.05%
< RM50K = 0.3% | 0.08%
Intraday: 0.1% or Min RM10 (whichever is higher)
Trading limit: cash deposited x 2 ,share in portfolio x 1 (based on company cap value)
T+7 Contra Account
Brokerage Rate 经纪费率
> RM50K = 0.25% | 0.05%
< RM50K = 0.3% | 0.08%
Intraday: 0.1% or Min RM10 (whichever is higher)
Trading limit: cash deposited x 2 ,share in portfolio x 1 (based on company cap value)
*T+7 Contra Account Need to Apply through Offline, chat with our team to get more info.
Margin Rates: 8% (US & HK)
Margin Ratio
✱ Initial Margin Ratio
To buy a stock worth USD 1 million:
• With a 100% margin rate, you need USD 1 million (1x leverage).
• With an 80% margin rate, you need USD 800,000; borrow USD 200,000 from M+ Global (1.25x leverage).
✱ Maintenance Margin Ratio
The minimum margin ratio required to continue holding a particular stock in your margin account.
Margin Rate (Margin fees)
US stocks fees: Commissions as low as 0.25% / min USD4.88 whichever is higher
HK stocks fees: Commissions/Brokerage fee as low as 0.2% / min HKD25 whichever is higher
Two Situations
1- Margin account but never overtrade:
Means u didn't buy over your cash. Then, you will NEVER get charged for the margin rate.
2- Margin account but you got overtrade:
Means you buy more than the cash you have. Then, you will be charging the margin rate
(depends on how many days you use the margin, then you will be charged for how many days)
Cash Account
For Cash Account, is suitable for beginner, or you prefer something straightforward, you do not want to overtrade, and you want to enjoy a cheaper brokerage, then you can definitely go for a cash upfront account.
Collateral Account (MY)
If let's say you are a seasoned traders, you want to take advantage of the extra trading limits, or you want to do some short terms trading or swing trading, or sometimes you are trading in a big value, or you want to leverage your capitals, you want to trade with extra margin, then you can consider T+2 or T+7 Account. T+2 and T+7 Account is usually preferable is a seasoned trader, people who have the basic knowledge about managing their risks, and know how to calculate the risk.
Margin Account (US & HK)
For Margin Accounts (US & HK), it is recommended to choose a margin account when opening an account. This is because margin trading allows you to use the securities or assets in your account as collateral to borrow additional funds from M+ Global for purchasing securities, with the requirement to pay related interest and handling fees. M+ Global Margin account is very flexible. If you do not trade beyond your cash balance, you will NEVER get charged for the margin rate charges. However, it is convenient to have the option to use margin when needed.
You can apply for Cash Account or T+2 Account through online now. However, if you wish to switch to a T+7 Account in the future, you can visit the nearest M+ branch to make the change.
If you want to apply for a T+7 account now, you can only do so offline.
Chat with Angeline & Team for Open T+7 Account
* East Malaysia recommends applying offline as there are no branches available locally.
By pledging cash and/or securities as collateral, you can increase your investment power with a Collateralised Trading Account. This type of account offers leverage on your wealth and capital, allowing you to improve your investment returns with T+2 settlement. Our highly competitive flexi-brokerage rate ensures that you'll gain more by trading through us, giving you an edge over others in the market by allowing you to exit earlier and get better returns.
1. Suitable for experienced trader for Contra, Short term, or Swing trade
2. Big Fund Investors, as some bank might have daily transfer limit which client might need to bank in separately.
3. Extra Trading limit = cash deposited x 2 , share in portfolio x 1 (based on company cap value)
1.适合有经验的交易者、短期杠杆交易或平仓交易
2.大型基金投资者,因为有些银行可能会有每日转账限额,因此客户可能需要分别将其存入银行。
3.额外交易限额=存入的现金x 2,投资组合的份额x 1(基于公司上限)
** To open a T+7 Contra Account, your annual income must above RM100,000. (Need to provide document ex.: Income tax slip)
要开立短期杠杆户口,你的年收入必须超过RM100,000(需提供所得税单等)
🇺🇸US Brokerage Fees
Brokerage Fees: 0.25% or Min USD4.88 (whichever is higher)
Stamp Duty: 0.10%
Settlement Fees 结算费用: 0.003% or min 0.01
Withholding tax: 30% of the dividend value (varies from diff stocks)
other charges (sell order only):
Regulatory Fees: 0.03% or min 0.01
Trading Activities Fees: 0.000145/share or min 0.01 max 7.27
🇭🇰HK Brokerage Fees
Brokerage Fees: 0.2% or Min HKD25 (whichever is higher)
other charges:
MY Stamp Duty: 0.10%
HK Stamp Duty: 0.10%
Trading Fees: 0.00565% or min HKD0.01
Settlement Fees 结算费用: 0.002% or min HKD2 max HKD100
Levy Fee(HK SFC): 0.0027% or min HKD0.01
Levy Fee (HK Financial Reporting Council): 0.00015%
Benefits:
✅Angeline & Team Support 团队支持
✅Daily stock updates 每日股票更新
✅Stop loss feature 止损功能
✅Portfolio review 投资组合回顾
✅Advisory Service (Do With You) 顾问服务
✅Market outlook 市场展望
✅Systematic stock screening Strategy 系统化股票筛选策略
✅and many more…
Margin trading refers to a transaction in which you use the securities or assets in your account as collateral and pay the related interest and handling fees to borrow more funds from M+ Global for securities purchases.
保证金交易是指您使用账户中的证券或资产作为抵押,并支付相关利息和手续费,从M+Global 借入更多资金用于证券购买的交易。
Margin account may bear interest and has no settlement deadline until a Margin Call is received
How to Perform Margin Trading?
1. If you are a new user, please choose a margin account when opening an account. If you already have an M+ Global account and want to open a margin account, you can upgrade your account to a margin account by checking out "Open and Cancel a Margin Account" for more details.
如果您是新用户,请在开户时选择保证金账户。如果您已经拥有M+Global 并希望开设保证金账户,您可以点击这里获取更多详细信息,将您的账户升级为保证金账户。
2. Margin trading: If there are insufficient funds at the time of stock purchase, margin trading will be used by default.
如果在购买股票时资金不足,将默认使用保证金交易。
Brokerage Rate 经纪费率
> RM50K = 0.05%
< RM50K = 0.08%
Intraday: 0.05% or Min RM8 (whichever is higher)
Trading limit: cash deposited x (99.5%-RM40)
Brokerage Rate 经纪费率
> RM50K = 0.2% | 0.05%
< RM50K = 0.3% | 0.08%
Intraday: 0.1% or Min RM10 (whichever is higher)
Trading limit: cash deposited x 2 ,share in portfolio x 1 (based on company cap value)
Brokerage Rate 经纪费率
> RM50K = 0.25% | 0.05%
< RM50K = 0.3% | 0.08%
Intraday: 0.1% or Min RM10 (whichever is higher)
Trading limit: cash deposited x 2 ,share in portfolio x 1 (based on company cap value)
*T+7 Contra Account Need to Apply through Offline
Margin Annual Interest Rate: 8%
What is Margin Trading?
• Using securities or assets in your account as collateral to borrow funds from M+ Global.
• Pay related interest and handling fees.
• Used for securities purchases.
Margin Ratio
✱ Initial Margin Ratio
To buy a stock worth USD 1 million:
• With a 100% margin rate, you need USD 1 million (1x leverage).
• With an 80% margin rate, you need USD 800,000; borrow USD 200,000 from M+ Global (1.25x leverage).
✱ Maintenance Margin Ratio
The minimum margin ratio required to continue holding a particular stock in your margin account.
012-3507851 Support
019-5787851 Support
Assistance Hours
Mon – Fr 9:00am – 5:30pm
Saturday & Sunday – CLOSED
Angeline Khoo, a Licensed Stock Broker, Investment Advisor, and experienced dealer representative of Malacca Securities.
Malacca Securities Sdn Bhd provides securities brokerage services, and is a Participating Organisation of Bursa Malaysia Securities Berhad and licensed by the Securities Commission Malaysia. Since its formation in 1963, Malacca Securities has been building wealth together with retail investors and corporate organisations.
M+ Global is the online trading platform to trade in the local and foreign stock exchanges, offered by Malacca Securities Sdn Bhd.