KenTrade Forex Broker

General Information & Regulation KenTrade is an integrated financial portal of Kenanga Investment Bank Berhad, which is the largest independent investment bank* in Malaysia by equity trading volume and value, as well as, one of the top brokerage houses with the largest network of remisiers. KenTrade mainly provides clients with Share, Futures and Stockbroking. Products & Services Trader can get access to online Share Trading, Share Margin, Global Trading, Futures Trading, Islamic Stockbroking and Nagawarrants with Kentrade. Trading Platform Available The online platform offered by KenTrade is called KDF TradeActive™. This platform is a real-time customized online order management system for Listed Derivatives trading, featuring multi-factor authentificatio features, multi-currency portfolio, real-time calculation of profit & loss and account margin, as well as real-time technical chart with indicators. Online Trading Fees KenTrade‘s brokerage rates for online trades are no higher than 0.60% and 0.30% respectively, for contracts below and above RM100,000. The rate is negotiable with this company’s dealer representatives. Additionally, standard transaction fees, include stamp duty of RM1.00 for every RM1,000 ( max of RM200) and clearing fees of 0.03% of transaction value ( maximum of RM1,000 per contract). SST of 6% is applicable on the brokerages and clearing fees charged. Account Opening Fees A charge of RM10 is levied by Bursa Malaysia Depository for the opening of a CDS account. Investment Tools There are some investment tools offered, such as technical Analysis, Invesk, Fundamental Data as well as Good Till Date Order. E-Payments KenTrades e-paymet allows traders to transfer fund anywhere at any time without queues. It has Zero transfer fees. Traders can choose to transact using either Financial Process Exchange (FPX) or JomPAY. FPX is available for Kentrade online users, updating trading limit within same day of making a payment. JomPAY is available for Kenanga retail clients. Customer Service The KenTrade customer support team can be reached through telephone (1800-88-2274/+603 21722667), Whatsapp (+60172438740), Skype, as well as Email (KenTrade@kenanga.com.my). You can contact them on workdays: Monday-Fridays, 8:30 am-5:30 pm, and it is closed on Saturdays, Sundays and Bursa Malaysia Public Holidays.