Which platform to buy stocks/ETF's (MM2H)

Last activity 18 November 2021 by swapnabhavanam

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floatonActive member02 January 2021 14:45:50

I was wondering if there is anyone else on the MM2H visa who managed to open a trading account in Malaysia?

I was looking at Rakuten Trade myself, but it only seems to allow identity card holders. Any recommendations for other platforms out there that allow foreigners?

I'm just looking for something to buy and hold (trackers/etf's), with the lowest fees possible.

floatonActive member16 August 2021 05:55:45

Nobody replied, but in case anyone is searching Interactive Brokers seemed to be my best choice.

cvcoMalaysia expert18 August 2021 11:55:52

1219

I was wondering myself. Ive never bought any stock in Malaysia and assumed it would not be so easy for a foreigner, similar to a bank account. Did they open an account for you and whats the criteria?

floatonActive member18 August 2021 15:11:49

It wasn't difficult, just some basic questions (residency permit, identity, utility bills, bank account that kind of stuff).

And I think minimum deposit was 5k but not 100% sure.

swapnabhavanamNew member18 November 2021 19:01:20

You can open an account with Hong Leong bank with basic documents as Passport and Valid Visa . No extra charges at all.

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