Low cost trading starts now!
Tell me about Webull Malaysia.
Launched in May 2024, Webull Malaysia is a digital platform that makes investing easy for everyone, whether you're a beginner or an experienced investor. Through the Webull Malaysia app, you can trade Bursa Securities, Bursa Derivatives, US-listed stocks, exchange-traded funds (ETFs) and US Options.
With cutting-edge technology from Webull, the platform offers real-time market quotes, financial news, industry insights, and expert ratings—all from trusted sources—so you can make confident investment decisions.
Webull Malaysia also features a Shariah indicator to help you find Shariah-compliant stocks. Plus, you also have the flexibility to choose between Islamic or conventional banking options when depositing funds into your account.
Fully regulated by the Securities Commission Malaysia, Webull Malaysia holds a Capital Markets Services License (License No. eCMSL/A0399/2024) under the Capital Market and Services Act 2007, ensuring a safe and trustworthy experience.
Why should I invest in the Malaysian stock market?
Driven by leading industries such as palm oil, petroleum, manufacturing, telecommunications, electronics and many others, the stock market in Malaysia has been growing steadily throughout the years.
Being a diverse country with a strategic geopolitical location neighbouring Thailand, Indonesia and the Philippines makes our country the most sought-after investment hub in Southeast Asia, if not the world.
Other than stocks, what other trading products are available?
Depending on your investment plans and risk appetite you can invest in exchange-traded funds (ETFs), structured warrants, real estate investment funds (REITs) and futures trading in the Webull Malaysia app.
Stocks are you owning a piece of a company and the profit you gain is dependable on the company’s performance. If that company performs well, the value of the stocks you invested will increase and you may sell them for a profit if you wish.
Exchange-traded funds (ETFs) are a basket of different stocks or assets traded on stock exchanges like Bursa Malaysia. ETFs are highly popular especially amongst beginners because of their diversity.
Issued by investment banks, structured warrants are a type of contract that gives you the option and the right to buy or sell an underlying asset at a predetermined price within a specific time frame.
Real estate investment trusts (REITs) are you buying actual properties without having to pay the full price. With REITs, you purchase just a small portion of the property and let it grow in value over time. You can get a stable income from this investment via rental profit!
Futures trading is when you agree to buy or sell something at a fixed price on a future date, no matter what its actual cost is later. This is done through special agreements called futures contracts, and the things you can trade include items like gold, oil, or financial tools like stock indexes or currencies.
Any fees or charges I should know about?
Please find the necessary fees for trading with Webull Malaysia below.
Fees for Bursa Malaysia stocks, exchange-traded funds (ETFs), structured warrants, real estate investment trusts (REITs) etc.
- Clearing Fee: 0.03% of the total trade amount with a maximum of RM1,000 per contract
- Stamp Duty for Shares, Preferential Shares, Loan Stocks, Exchange Traded Bonds: RM1 for every RM1,000 (or fractional part) of the total trade amount with a maximum of RM1,000
- Stamp Duty for Rights, Warrants (Company and Structured), REIT/ Trust and Closed Ended Funds, Exchange Traded Funds: RM1 for every RM1,000 (or fractional part) of the total trade amount with a maximum of RM200
- Sales and Service Tax (SST): Currently waived by the Government of Malaysia
Fees for FTSE Bursa Malaysia KLCI Futures (FKLI) | Intraday and Overnight:
- Commission (inclusive of SST): RM5 per side, per lot
- Trading Fee: RM4 per side, per lot
- Clearing Fee: RM1 per side, per lot
Fees for Crude Palm Oil Futures (FCPO) | Intraday:
- Commission (inclusive of SST): RM6 per side, per lot
- Trading Fee: RM2 per side, per lot
- Clearing Fee: RM1 per side, per lot
Fees for Crude Palm Oil Futures (FCPO) | Overnight:
- Commission (inclusive of SST): RM7 per side, per lot
- Trading Fee: RM2 per side, per lot
- Clearing Fee: RM1 per side, per lot
I’m interested. How can I apply for an account with Webull Malaysia?
It’s simple! Click on the apply button above and you’ll be directed to the Webull Malaysia website. From there, head to the Apple Store or Google Play Store on your smartphone and download the Webull Malaysia app.
Afterwards, open an account by filling in the necessary details and fund your account (any amount will do!) to get started. Once done, you can search for your preferred stocks and start trading!
Webull Malaysia 50% Off Commission Offer
New customers of Webull Malaysia get ZERO commission for 90 days for US and MY stocks. Furthermore, after the 90-day offer ends, enjoy 50% off on commissions applicable to US trades only—this means you can enjoy 0.025% of the trading value of your US trades!
For existing clients, the 50% off offer will apply with the following criteria.
- For existing clients currently benefiting from a 180-day or 90-day free commission period, the free commission will continue to apply until expiration. After the free commission period has ended, the 50% off commission rate offer will be applied for the next 90 days.
- For existing clients whose 180-day free commission period has lapsed, the 50% off commission rate offer will automatically be applied.
This offer is subject to terms and conditions and if you require further details, please contact Webull Malaysia directly.
RinggitPlus X Webull Malaysia Sign-up Promotion
From 18 February 2025 until 31 July 2025 (“Promotion Period”), qualified customers can stand a chance to receive RM100 Touch ‘n Go E-Wallet Credit, subject to the campaign’s terms and conditions.
Referring to the T&C, the RM100 Touch ‘n Go E-Wallet Credit sign-up gift is rewarded to the first 200 qualified applicants (based on the Approval List from Webull Malaysia) who sign up, open an account, deposit and trade with their Webull Malaysia account during the Promotion Period.
To qualify for this sign-up promotion, you must be a new Webull Malaysia customer (have not downloaded the app previously) of at least 18 years old with a valid Malaysia IC/ MyKad. No minimum deposit is required to be eligible to participate!
Those who are not eligible for this sign-up promotion include:
- Applicants with an existing Webull Malaysia account who deposited prior to this Promotion;
- Applicants who previously registered with Webull Malaysia but have not yet opened a trading account;
- Permanent, contract, part-time, temporary employees of Webull Malaysia and Jirnexu Sdn. Bhd. (including its subsidiaries and related companies) and their respective immediate family members;
- Employees of agencies, partners, and consultants with ongoing engagements with Webull Malaysia and Jirnexu Sdn. Bhd. during the Promotion Period;
- Any person who has committed and/or committed fraud and/or abuse of system, and/or any other scenario deemed as fraud or abuse of system by Webull Malaysia and/or Jirnexu Sdn. Bhd. at any point of time during or after the Promotion Period.
For more details, check out the T&C and if you need assistance, you can email us at [email protected].
Disclaimer: Trading and/or investment involve substantial risks, and the decision to engage in such activities is solely at your discretion and is not affiliated with or attributable to RinggitPlus.
