Margin + Trading "2 in 1" Account
One Account For Margin & Trading.
Maximize your trading opportunities with complete flexibility to manage your margin trading & share trading transactions in the same account.
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Truly flexible. The convenience of choosing between margin and trading in the same account.
One account, multiple benefits.
Benefits
- 2-in-1 account give you an option to switch and choose between margin trading and share trading under one account.
- Attractive interest rate.
- Cash withdrawal at your discretion.
Fund can be transferred into your Alliance Bank savings or current account. - Arrangement of redemption from others with minimal cost.
- Competitive share capping value.
- Single counter financing allowed (T&C apply).
- Interest payable for any credit balance.
- 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 must be at least 21 years old and no older than 70 years old.
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