Mobile Trading Capabilities
Please be informed the bill payment service is in SGD denomination.
Clients can get access to Reuter News and data regarding stock indices across the world. Investor can bring money to invest abroad as the real amount of money that investors want to invest in each time.
If the investor the unused trading line or will request to reduce a trading line which approved. The investor must inform the requested to refund the trading line into account within 1 business day from the date of approval from the company via FIA systemfrom SEC approval. Submission of Trading Order. However, trading order will be matched during the trading session of each foreign exchange. Apart from the above fees, the company might charge expenses or other fees such as expense from tax related, other fees from trading, handling fee due to corporate action, foreign market fees, etc.
Market makers are primarily banks and non-bank financial institutions. We provide direct market access to this liquidity pool as the counterparty to you. Leverage provides you the ability to trade a larger amount with smaller initial deposit. The leverage ratio is a directly function of margin requirement. The leverage ratio of 1: Leverage ratios or margin requirements differ for different currency pairs determined by us from time to time.
Get a free demo account now to view our leverage ratio and experience our trading platform. You will need to make an additional deposit to resolve the margin call. Alternatively, you can close out some or all of your open positions to reduce your margin used. When your account is in margin call status, you are unable to open new positions but you can close out existing open positions.
Assuming the price falls to 1. Please be informed that the sell-out of all open positions is triggered by the system as market orders. You may lose more than your capital in some adverse market conditions. Swaps, often known as overnight interest or rollover interest, are interest payable or receivable for holding open positions overnight.
You may pay or receive interest depending on the direction buy or sell and currency pair you rolled over to the next trading day at New York close. The interest amount is dependent of the notional amount you rolled over and the swap points quoted in pips. Get a free demo account now to view our swap charges by holding some open positions overnight.
The minimum allowable notional amount is 0. There is no maximum lot size limit but the fill is subject to liquidity availability. Price slippages are expected for large notional amount. The FX market opens for 24 hours a day, 5 days a week. However, our trading platform has a blackout period of 5 minutes after market opens and 5 minutes after market closes.
The blackout period was introduced to isolate off-market prices as liquidity is thin during that period. Your profit and loss in various currencies will be converted to your account home currency using our end of day mid-rate.
Currenex is a market-leading technology provider offering the FX community high-performance technology. We partner with Currenex to provide you with stable access performance levels during volatile market conditions.
With many significant market liquidity sources connected to the venue, we are able to provide you a premium source for FX liquidity. The trading application comes installed with many advanced charting tools to suit your different trading styles. You can even configure to view single or multiple charts.
Select the foreign currency you wish to buy and it displays exchange rate offered by respective banks. Exchange rates for the Malaysian Ringgit against foreign currencies from Asia and Pacific are displayed in the table above. The values in the Exchange Rate column provide the quantity of foreign currency units that can be purchased with 1 Malaysian Ringgit based on recent exchange rates. To view Malaysian Ringgit historical exchange rates, click on the Table and Graph links.
Link to this page - if you would like to link to current Malaysian Ringgit exchange rates on this page, please copy and paste the HTML from below into your pageYou must maintain a Savings or Current Account with your Foreign Currency Account at the same Maybank branch. Failure to do so will result in an unsuccessful application. If you do not have a deposit account, this application will provide you with one.
Please bring along your Identity Card or passport for our reference and the following supporting documents when visiting your Maybank branch to validate your application: Forex trading provides you with an additional asset class in your portfolio in addition to equities and fixed income instruments.
Ability to buy or sell a currency using one trading platform Forex allows both buying long or selling short of a currency without any trading restrictions.