Ringgitplus Share Margin Financing
Ta securities share margin financing by placing your preferred collateral you can instantly leverage on your buying power and invest in shares to earn significant profits.
Ringgitplus share margin financing. With hong leong s latest smf two 88 promotion you can now further finance your share purchasing with a fixed interest rate of 2 88 p a. Cimb will provide a margin of financing of up to 60 or a maximum amount of rm 5 million to leverage the collateral you have placed into your cimb share margin account. Alliance bank can provide a margin of financing for up to 60 against the collateral you have deposited. How much can i borrow using rhb invest share margin financing classic.
For the first three. But there is a key difference. Cash withdrawal up to 60. In order to open a share margin account with cimb you need to pay an account opening fee of rm 10 60 inclusive of gst.
Minimum financing rm 50000. It is available to all eligible malaysians residents and non residents who are of good financial standing. Alliance bank will allow a 65 70 buffer before making a margin call resulting in a requirement to add more funds or sell off your shares. If that margin shifts above the given ratio because of the change in your share s market value this will bring about a margin call.
Apex securities share margin financing get an edge on your own funds leverage a margin account to finance and purchase securities traded on the bursa malaysia. The margin call will be triggered when the ratio of your margin loan amount exceeds the value of your deposited collateral at 67. Clients can use share margin financing as additional funding for the purchase of shares quoted or to be quoted on bursa malaysia. The minimum you can borrow from rhb would be rm 50000 or up to a ratio of 60 against your own equity.
Share margin financing is a convenient facility offered to traders seeking to expand their trading potential. Margin of financing up to 60 margin call threshold up to 60 remisier allowed. Minimum financing rm 20000. Share financing is a particular type of margin trading in which this money is used to buy stocks or exchange traded funds etfs.
The bank will warn you of a margin call if you exceed the 70 margin on your borrowings. However it isn t immensely difficult to understand and even less difficult to get. You must request for a minimum of rm 100 000 to use the public bank share margin financing and you need to maintain a margin loan ratio of 60 in your account. Share margin financing is considered a sophisticated facility meant for stock market investors.
What is the financing margin for alliance bank share margin financing. Margin trading and share financing are often used interchangeably.