Felicia Tan Published on Fri, Jul 30, 2021
iFAST Corporation’s Malaysia arm, iFAST Capital, has launched trading capabilities in US- and Hong Kong-listed securities on FSMOne.com, its business-to-consumer (B2C) online multi-asset digital investment platform on July 30.
Products on the platform include stocks and exchange traded funds (ETFs).
The addition comes after the introduction of stocks and ETFs listed on Bursa Malaysia in March.
Investors in Malaysia are now able to transact in US- and Hong Kong-listed stocks and ETFs at a commission fee of 0.08%, similar to the pricing structure offered for Bursa-listed counters.
There is a minimum of US$8.80 ($11.91 or RM37) or HK$50 ($8.71 or RM27) per trade respectively.
As at 3.29pm, shares in iFAST are trading 9 cents lower or 1.1% down at $8.03.