Webull Made Its Way into Malaysia

Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”) has announced the launch of the globally renowned trading platform, Webull, in Malaysia. Designed for investors of all levels, Webull Malaysia provides access to trade Bursa Securities and Bursa Derivatives, as well as US-listed stocks and exchange-traded funds (ETFs), through the Webull Malaysia app. In April, Webull Malaysia obtained a Capital Markets Services License for Dealing in Securities (restricted to listed securities) and Dealing in Derivatives from the Securities Commission Malaysia.

Webull is a prominent digital investment platform built on next-generation global infrastructure. The Webull Group, headquartered in St. Petersburg, Florida, USA, is supported by private equity investors from the United States, Europe, and Asia. Serving tens of millions of users in over 180 countries, Webull provides retail investors with 24/7 access to financial markets worldwide. Offering low-cost trading across a wide range of assets, Webull is transforming the way individuals approach investing. Webull Securities (Malaysia) Sdn. Bhd., a subsidiary of the Webull Group, holds a Capital Markets Services License for Dealing in Securities (restricted to listed securities) and Dealing in Derivatives from the Securities Commission Malaysia.

The introduction of Webull Malaysia into the local market aligns with Bursa Malaysia's efforts to promote growth and participation from retail investors, particularly the younger generation. As of Q1 2024, local retail investor participation in the securities market stood at 22%, while participation in the derivatives market was 17% for FKLI and 25% for FCPO, respectively.

Leveraging next-generation global infrastructure and proprietary technology from Webull, the Webull Malaysia trading platform offers an integrated suite of real-time quotes, market information, financial news, industry data, insights, and analyst ratings from trusted sources, all available through a single touchpoint to help investors make informed decisions. Additionally, Webull Malaysia features a Shariah indicator to help investors identify the Shariah-compliance status of stocks before engaging in transactions.

Kenneth Chan, the Chief Executive Officer of Webull Malaysia, expressed enthusiasm about introducing Webulls technologically advanced digital investment platform to Malaysia's growing investor community. He noted that their expansion into the country aims to provide equal opportunities for all investors, regardless of their investment or trading experience. Webull Malaysia intends to make investing more inclusive and accessible by offering best-in-class tools and information to empower investors of all levels with the knowledge and skills needed to make better investment decisions and achieve their investment goals.

Recognizing the importance of financial education and literacy as the foundation of responsible investing, Webull Malaysia adheres to its Learning, Sharing, Investing philosophy. Investors will gain access to educational resources and tools via Webull Learn. Available on-demand, this content includes explanations of investment terminology, best practices, and how-to guides. Investors can also practice their trading skills and simulate strategies using Paper Trading, an in-platform training simulator that allows users to buy and sell without involving real money.

Kenneth Chan also highlighted that technology is at the heart of Webulls business. The company is dedicated to integrating technology with finance to offer secure, reliable, and intelligent products and services within a seamless trade experience. Through advanced trading tools and services, top-notch learning resources, and shareable content on the Webull Malaysia platform, investors can grow in their investment journeys within a supportive environment. Webull Malaysia aims to reduce the barriers to investing faced by Malaysian investors and encourage people to build longer-term savings through investment opportunities.

Webull Malaysia offers competitive brokerage fees for trades with no platform fees. To celebrate its launch, Webull Malaysia is offering zero commission on tradeable Bursa-listed stocks, US-listed stocks, and ETFs on the Webull app for 180 days from opening a Webull Malaysia account. Additionally, investors can secure five Apple shares through Webull Malaysia's launch sign-up campaign.