Search

Rating Index

WikiFX Detection

Business

Influence B

License

No license

KenTrade broker Accounts

  

Kentrade Account Types

  Kentrade, operated by Kenanga Investment Bank Berhad, offers a variety of trading accounts tailored for both individual and corporate clients. The primary types of accounts available include:

  •   Individual Trading Account: Designed for individual investors aged 18 and above, this account allows access to local and global equity markets, enabling users to trade shares, futures, and other financial products.

  •   Corporate Trading Account: Intended for businesses, this account provides comprehensive trading services, allowing companies to manage their investments effectively.

  •   Global Trading Account: This account type allows traders to access foreign exchanges in Asia, Europe, and the Americas, expanding their investment opportunities beyond local markets.

  •   Islamic Stockbroking Account: This account complies with Islamic finance principles, offering a Shariah-compliant trading option for Muslim investors.

  •   Futures Trading Account: For those interested in trading futures, this account provides the necessary tools and resources to engage in derivatives trading.

      

  •   

    Kentrade Broker Account Opening Process

      Opening a trading account with Kentrade involves a straightforward process. Heres a step-by-step guide:

    •   Visit the Website: Go to Kentrade's official website.

    •   Select Account Type: Choose the type of account you wish to open (Individual or Corporate).

    •   Complete the E-Form: Click on "Open an Account" and fill out the online e-form with the required information.

    •   Prepare Supporting Documents: Gather the necessary documents, which may include:

      • For Individual Accounts: Photocopy of NRIC or passport, a financial supporting document (bank statement or confirmation letter), and RM10 CDS opening fee.
      • For Corporate Accounts: Certificate of incorporation, financial statements, and other relevant documents.
      •   Submit Documents: Scan your completed form and supporting documents, then email them to kentrade@kenanga.com.my.

      •   Dealer Contact: A dealer representative will contact you to assist with the account opening process.

      •   Account Activation: Once your application is processed, you will receive a confirmation email, and your account will be activated.

      •   By following these steps, you can successfully open a trading account with Kentrade and start your investment journey.

KenTrade accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
KenTrade Account