Malacca Securities To Integrate M+ Online And M+ Global Into A Single Trading Platform

Alex Cheong Pui Yin

25th March 2024 - 3 min read

Homegrown stockbroking company Malacca Securities has announced that it will be integrating its local trading app M+ Online with its new global trading platform, M+ Global. This is in a bid to strengthen the offerings provided by Malacca Securities, and for the company to better position itself as a reliable hybrid local stockbroker that can provide access to Malaysia, US, and Hong Kong stocks.

In a statement, Malacca Securities explained that M+ Online currently only allows investors to trade stocks on the local scene, whereas the newer M+ Global provides access to the US and Hong Kong market. By integrating the two apps, all its investors will have the convenience of being able to access the three markets from just one platform, as well as enjoy various enhanced features and solutions via M+ Global, such as:

Features	Details
Exclusive opportunities for initial public offerings in Hong Kong	– Opportunity to participate in early stages of promising businesses in Hong Kong, specifically – Easily access comprehensive information and sources, including prospectus details, cornerstone investors, and major shareholders
Conditional orders	– Enjoy enhanced control, precision, and flexibility in your trading strategies – Types of conditional orders available include Arrive Price Order, Stop Loss Order, Stop Limit Order, Take Profit Order, and Take Profit Limit Order
In-app live streaming	– Offers consistent sharing of educational content – Keeps traders informed with real-time market developments and latest insights
Multilingual app	M+ Global is available in English, Bahasa Malaysia, and Mandarin for inclusivity
Desktop trading platform	Equipped with advanced features and tools for US and HK markets

Following this update, existing M+ Online users will be required to download the M+ Global app and complete the registration process as prompted. Once done, they can then transition and start trading on the new M+ Global app. “Ongoing integration efforts are focused exclusively on the mobile application at this time, with details about desktop integration to be unveiled in the future,” said Malacca Securities.

Managing director of Malacca Securities, Lim Chia Wei said that the integration of M+ Online and M+ Global marks a significant milestone for the firm. “With improved capabilities, we are committed to delivering value to our customers, ensuring their long-term success in building their global portfolio,” she said.

Lim also highlighted that Malacca Securities has served over 300,000 customers over 60 years, and that its continued, trusted presence underscores its credibility. “Embracing the ethos of ‘More Guiding, Less Guessing’, we prioritise providing resources for clear navigation of financial complexities, ensuring a smoother journey for our customers,” she stated.

For context, Malacca Securities rolled out its M+ Global app in May 2023, providing access to 7,000 US and 3,000 Hong Kong stocks, including warrants, exchange traded funds (ETFs), callable bull/bear contracts (CBBCs), and real estate investment trusts (REITs). It also became Malaysia’s pioneering digital trading platform that provides Nasdaq and HKEX real-time data, and the first to incorporate a shariah-screening feature for global stocks – on top of other benefits.

You can download the M+ Global app from Google Play, the App Store, and the Huawei AppGallery. If you have enquiries regarding the transition, you can also reach out to M+ Global’s customer service via its social media platforms, or email them at [email protected].

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Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

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