FSMOne (previously Fundsupermart.com Malaysia) has made it possible for the Malaysian investing public to trade US and Hong Kong securities conveniently via its multi-asset platform.
In conjunction with the launch of its latest offering to the Malaysian market, FSMOne’s platform also stood out in terms of lowest brokerage fee in the market for retail traders at only 0.08%, paving way for the growing retail segment to be as competitive as institutional players in the market.
With customer service being on the top of its priorities, the platform also strives to make account opening swift and handy to all Malaysians, according to FSMOne Malaysia’s general manager Wong Weiyi.
“At 0.08% or a minimum charge of US$8.80 (RM37) to trade US securities and HK$50 (RM27) to trade Hong Kong securities, our brokerage fees are the lowest in the Malaysian market,” he pointed out. “The platform is designed to allow greater interaction and ease of use.”
iFAST Capital, the company behind FSMOne whose vision is to serve retail traders in the Southeast Asian region is licensed by the Malaysian Securities Commission and Bursa Malaysia.
Investors do not have to worry about the safety of their investments in FSMOne. The platform also prides itself to provide extended hours phone support for all its stakeholders up to 10.30pm during business days.
“By extending the support hours, it takes away the concerns of a retail trader and provides them the assurance of assistance they would receive, at the opening bell’s ring,” justified Wong. “FSMOne service is affordable, transparent and adopts straightforward fee structure which means no minimum deposit or fees.”
Conventional account opening requires numerous physical paperwork and may take up to a week of internal processing before it is operational.
FSMOne allows online account registrations and account approval in mere hours. Funding of accounts can be done in ringgit via FPX to be converted at competitive forex (FX) rates to US$ or HK$.
Addiitionally, FSMOne also provides support to investors by publishing research articles and organising webinar sessions to keep investors abreast on current market trends. This is done to ensure accurate information is provided to investors to assist in making informed trading decisions. – Aug 2, 2021
