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Rating Index

Pros

Established reputation with over 30 years of industry experience.
Diverse range of financial services, including futures trading and margin financing.
Comprehensive customer support available through various channels.

Cons

Regulatory issues, including a revoked license from the Securities and Futures Commission (SFC) in Hong Kong.
Potentially high fees, with commissions starting at 0.42% of transactions.
Limited information on withdrawal and deposit methods, which may affect user convenience.

RHBInvest broker Accounts

RHBInvest Account Type

RHBInvest offers several types of trading accounts to cater to different investment needs:

  • Equities - Cash Upfront Account
    • Trading limit based on cash available in the trading account.
    • Conventional trading account.
    • Islamic trading account.
    • Equities - Collateralised Account
      • Increased trading limit based on collateralised value.
      • Holding period up to T+2 before making a settlement.
      • Available as both Conventional Trading Account (CTA) and Islamic Trading Account (CITA).
      • Futures Trading Account
        • Standard account for trading futures contracts.
        • Financing Options
          • Conventional Share Margin Financing.
          • Islamic Share Margin Financing.
          • Discretionary Financing.

          RHBInvest Broker Account Opening Process

          To open a trading account with RHBInvest, follow these steps:

          • Prepare Required Documents
            • Ensure you have your identification documents ready (e.g., MyKad for Malaysian citizens).
            • Choose Account Type
              • Decide which type of account you want to open (Cash Upfront, Collateralised, or Futures).
              • Online Application
                • Visit the RHBInvest website and apply online for a trading account and Central Depository System (CDS) account. You can also use the RHB Investment mobile app for a paperless application process.
                • Submit Application
                  • Complete the application form and submit it along with the necessary supporting documents.
                  • Receive Confirmation
                    • Once your application is processed, you will receive a notification letter from RHB Investment Bank confirming your account setup.
                    • Access Trading Platform
                      • After account approval, you will gain access to the RHB TradeSmart platform to start trading.

                      For more detailed information, visit the official RHBInvest website: RHBInvest.

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