Collateralised Share Trading Account
Increase Your Trading Exposure While Spending The Least Amount Of Money Possible.
Trade with a higher multiplier based on your cash, shares and Allliance Bank Fixed Deposits in your trading account.
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Maximum your trading exposure with minimum capital outlay.
Benefits
- Trade with a higher multiplier based on your cash, shares and Allliance Bank Fixed Deposits in your trading account.
- Trades are settled automatically; partial contract settlements or partial contras are permitted.
- Interest payable for credit balance at AllianceSave interest rate.
Key Features
- For settlement purposes (eg. purchase contract and subscriptions of corporate actions), full value is given for cheques deposited when pending clearance.
- For trading purchases, immediate value given up to maximum of RM200,000. Full value will be given when cheque is cleared.
- Transfer fee is refundable for Bursa Depository charges of RM10 for share transfers-in with market values RM3,000 and above per counter per transfer.
- Hassle free on corporate action entitlements when fully processed by our Bank Nominees with minor handling fees. FREE custody of shares with nominees.
Eligibility
WHO CAN APPLY?
- Malaysia Resident
- Individual with minimum age 21 years old, maximum 70 years old
Note:
- Foreigners i.e. Singaporean will be considered.