Hong Leong Investment Bank's HLeBroking is an online stock trading platform.
HLeBroking was created with the consumer in mind, and it provides all of the services of a traditional broker plus a number of unique features that allow customers to trade with greater profits. Customers can also get information from HLeBroking to help them make investment decisions and strategies.
HLeBroking offers benefits such as cheaper minimum,HLeBroking brokerage fees as low as 0.08 percent, real-time stock quotations, market information, and futures prices, and access to Dow Jones news and Nextview's HLeChart. Customers can trade on global stock exchanges in the US, UK, Singapore, Hong Kong, Shanghai, Australia, and Thailand with competitive rates and real-time price quotes*, in addition to receiving reduced rates and higher earnings.
Customers can also trade from their laptops or mobile phones at any time and from anywhere with HLeBroking. There is no cost to use the service, and there is no need to sign up for a monthly membership.
For more information on HLeBroking,
visit www.hlebroking.com.my
Trading Account Available
Two differences accounts their provide:
1. CASH/ DIRECT account
-CDS is held under client's name.
-Can apply for IPO.
-Receive annual reports.
-Receive dividend vouchers from the Registar.
-For any Corporate Actions, client will need to liaise directly with the Registrar •
-Dividend will be credited into client’s registered bank account.
2. NOMINEE account
-CDS is held under company's name •
-Cannot apply for IPO
-Will not receive annual reports/ dividend vouchers directly from the Registrar
-For any Corporate Actions, HLIB Nominees (Tempatan) Sdn Bhd will obtain the client’s decision via email/ phone call.The Remisier/Dealer’s Representative will then liaise with the Registrar.
-Dividend will be credited into the CTA within 7 days.
Supported Trading Platform
Trader are able to trade on hlebroking.com or bursa Malaysia.
Kick-start your investment journey with HLeBroking campaign.
In 2020, new accounts for the Central Depository System (CDS) for stock trading reached a multi-year high. According to Bursa Malaysia's yearly report, a total of 423,264 accounts were opened. From 2016 to 2019, over double the amount of new accounts were opened each year. As a result, trading activities have picked up significantly.
A number of things came together to produce the ideal storm for such an occurrence. In an effort to control the spread of Covid-19, interest rates in Malaysia fell to a decade low of 1.75 percent, making fixed deposits less appealing. Banks enforced a loan moratorium, and the government issued the Movement Control Order. Many people who had never invested before became investors for the first time last year as a result of having more money and more time at home.
The Covid-19 outbreak also caused tremendous market volatility, offering investors plenty of opportunities to find bargains. Market euphoria gradually snowballed, causing more people to seek larger profits from the stock market.
However, for those who have yet to begin their stock-investing journey, 2021 is still a good moment. While the local market, as measured by the FBM KLCI, is not at an all-time low, it is still weak due to the rise of Covid-19 instances since April and the ensuing full lockdown (MCO 3.0). The first part of the lockdown lasted from June 1 to June 14, 2021, while the second phase will go from June 15 to June 28, 2021.
Given this backdrop, the local market will remain tumultuous, providing a variety of chances for long-term investors who have done their homework. Volatility is predicted to remain, but it will pass once the pandemic is under control.
At current prices, a number of blue-chip companies appear to be appealing (as at 10th June 2021). For example, Tenaga Nasional Bhd, the country's largest utility business, is trading at a bargain, thanks to the incentive-based regulation (IBR) that protects the company from the pandemic's economic impact.
Another example is Telekom Malaysia. Its cost-cutting strategies are now generating tangible results in terms of earnings. Furthermore, during the epidemic, demand for internet should remain stable, if not increase.
Those with a larger risk appetite and a preference for smaller-cap companies should consider some growth stocks, which could provide them with good returns. Our investors are informed about growing stocks that they might want to include in their portfolio.
Opening a stock trading account has never been easier thanks to technological advancements. Individuals who want to trade or invest in stocks can open an account with Hong Leong Investment Bank Berhad (HLIB) online.
They can register via HLIB's online share trading portal, HLeBroking, or a link on the new HLeBroking mobile trading app, which is accessible on the Apple App Store, Google Play Store, and Huawei AppGallery. After that, the applicant can print and sign the application form before submitting it to HLeBroking or dropping it off at one of its locations.
After receiving a complete set of the application form and the appropriate supporting papers, HLeBroking normally opens an account in three business days. HLIB is currently working on a totally digital client onboarding platform that will eliminate the need for any physical forms and is expected to be available by the end of 2021.
Individuals who have successfully registered an account with HLeBroking ("Investors") will be given access to a variety of materials to help them analyse and make well-informed investing decisions. These include in-house research reports from the HLIB, fundamental analysis reports from financial data supplier EquitiesTracker Holdings Bhd, and a technical analysis charting tool (HLeChart).
Investors will also gain access to daily market updates and news briefings, weekly stock recommendations, and quarterly webinars, among other things. Investors can also seek assistance from their dealer's representatives or Remisiers*.
For local trades, the transaction cost for HLeBroking might be as low as 0.08 percent, depending on the terms and conditions. For people looking to trade shares in the US, Hong Kong, Singapore, Shanghai, Australia, the United Kingdom, and Thailand, there are also competitive rates.
Additionally, in January 2020, HLIB released a new mobile trading app with additional trading capabilities such as access to HLIB's research reports and comprehensive stock overviews and profiles, including HLIB's in-house research's "buy," "sell," or "hold" calls and target prices.
The new app also includes stock recommendations, price alerts, daily headlines, and five days' worth of net trade flows, which illustrate institutional, retail, and overseas investor trading activity. The new app includes biometric logins, push notifications, vertical monthly charts, and a stock calculator to create a more smooth trading experience.
Settlement Convenience through Customer's Account with HLEbroking
•On settlement date, money will be auto-debited from Hong Leong Investment Bank "Trust Account" identified by client code
•Sale of the shares and dividend payouts will be auto-credited to Hong Leong Investment Bank "Trust Account" identified by client code
Foreign Share Trading
•6 countries - Singapore, Hong Kong, United Kingdom, United States, Australia and Thailand.
•Foreign Online Trading available for selected countries.
Online Cash Withdrawal
•Convenience of cash withdrawal via online
Mobile Trading
•iPhone, iPad, Android smartphones and Blackberry
High Interest
•Earn high interest on your credit balance subject to a minimum balance of RM1,000
Lower Rates, Higher Profits
•Enjoy brokerage rates from as low as 0.106% and a minimum brokerage of RM8.48!
Minimum system requirements
You need to have a personal computer or notebook regardless of the brand with the following specifications:
Software requirements: •
Windows 7 or later for PC version •
Microsoft Internet Explorer (IE) version 9 and above •
Tips: You can always upgrade your Microsoft IE browser by downloading the latest version from http://www.microsoft.com/window/ie
HLeBroking is also supported on other Internet Web Browsers (Google Chrome, Mozilla Firefox, Safari, Opera, etc)
According to the surveyor's field survey. Hlebroking PRINCIPAL OFFICE at
Level 27 & 28, Menara Hong Leong. No 6, Jalan Damanlela, Bukit Damansara
50490 Kuala Lumpur, Malaysia.
www.hlebroking.com is owned by Hong Leong Investment Bank Berhad and/or its related companies
Investors can trade on the Hlebroking platform with Bursa trading, foreign stock trading, futures trading, and margin financing. Investors can choose according to their actual needs flexibly.
Hlebroking offers two different types of accounts to meet the investment needs and trading experience of different investors: Direct CDS Accounts and Nominees CDS Accounts. Direct CDS Accounts come with a username, eligible for IPOs, and Paperwork on Corporate Exercise (e.g., rights issue, take-over offer, etc.) are handled by the client. Dividend credits are credited to the client's savings account/current account, and shares are transferred to their own account or their immediate family member's account only. While A Nominees CDS Account is not eligible for IPOs, and dividends are credited to the HLIB trust account, with shares transferred to one's own account only.
Hlebroking does not have much information about the transaction fees. What all know is Hlebroking's brokerage fees as low as 0.016%.
https://www.wikifx.com/en/dealer/1476656712.html