Thursday, August 23, 2007

Account Opening

To trade online, you will need to open a trading account and a CDS account with us. You are required to sign the forms before a Dealer Representative or Customer Representative, as witness to your signature is necessary when opening an account for the first time.

You must be at least 18 years of age and must not be an undischarged bankrupt. A trading limit will be assigned to all approved accounts, subject to our prevailing credit policy. Depending on the type of account opened, you may be required to furnish a minimum initial deposit or produce the proof of income. The actions required are as stated below :
  1.  Open a Trading Account - downloads form
  2.  Open a CDS Account
  •  MCD (Malaysian Central Depository) Application of Account Opening Form
  •  Specimen Signature Cards (two copies)
 You are required to attach :

1. Three (3) legible copies of your I/C (front and back portion on same page of A4 size paper)
  • one (1) for Individual Account Application
  • two (2) for Opening of CDS account
2. One (1) of the following supporting documents for Individual Account Application
  • Income tax returns for the past three (3) years (Form J/EA); or
  • Latest three (3) months' salary slips; or
  • Copy of Current/ Savings account.
3. RM10 for opening the CDS account with MCD

Note : For foreign citizens, please produce three (3) legible copies of your passport and kindly note that you are required to comply with the foreign exchange rules and regulation stipulated by Bank Negara Malaysia (BNM).

If you are residing overseas, you will have to send your application form (duly completed and signed), together with the required supporting documents verified by a Notary Public.
Thereafter, please call or email me for further action.




Subscription