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Malaysia

Saxo Markets launches Malaysian equities for investors

Saxo Markets, the leading FinTech specialist focused on multi-asset trading and investment, has announced the launch of Malaysian equities on Saxo platforms via Bursa Malaysia. With this made available, Saxo clients can now access over 400 Malaysian stocks and ETFs for online trading, across sectors such as technology, electrical and electronics (E&E), and commodities.

Investment Trends’ latest research into the investor market in Singapore found that Malaysia is one of the most popular international markets for Singaporeans, behind only the US, China and Hong Kong. Providing access to Bursa Malaysia is a response to investor needs as they look for overseas exposure, according to a press release by Saxo.

Saxo clients can benefit from even greater choices when they trade and invest with Saxo. With the addition of Bursa Malaysia, Saxo expands its already broad range of products, now covering 37 global exchanges and over 40,000 products. This makes Saxo one of the best in the market when it comes to unparalleled access to global capital markets online. In addition, the Malaysian market can be traded from any account and currency, and Saxo also offers Malaysian Ringgit funding for people with a Malaysian Ringgit bank account to trade Malaysian equities and ETFs.

Adam Reynolds, CEO Asia Pacific, Saxo Markets, said, “We are incredibly excited to be able to provide our clients even more choice on our platform now through the Malaysian equities. Clients can continue to enjoy competitive rates, from 0.20% commission, minimum RM 50 for Classic clients, which is extremely attractive compared to other major players. At the same time, clients in Singapore looking for overseas exposure will now have easy access to a popular international market.”

More information can be found HERE.