Webull Officially Launches In Malaysia
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Good news, Malaysians can now use the newly launched Webull Malaysia trading platform. Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”), has announced the launch of the leading global trading platform today.
Webull Malaysia is the latest investment app to enter Malaysia. This launch comes amid efforts by Bursa Malaysia to promote growth and participation from retail investors, especially the younger generation, in the local stock exchange.
Licensed by the Securities Commission
In April, Webull Malaysia secured a Capital Markets Services License for Dealing in Securities (restricted to listed securities) and Dealing in Derivatives from the Securities Commission Malaysia.
The global trading platform now provides access to trade Bursa Securities and Bursa Derivatives alongside US-listed stocks and exchange-traded funds (ETFs) on its app.
“We are excited to introduce Webull’s technologically advanced digital investment platform to the growing investor community in Malaysia.
“Webull Malaysia brings best-in-class tools and information to empower investors of all levels with knowledge and skills to help them make better investment decisions and achieve their investment goals,” said Kenneth Chan, Chief Executive Officer, Webull Malaysia.
Access advanced trading tools and learning resources
Webull Malaysia’s trading platform offers an integrated suite of real-time quotes, market information, financial news, industry data, insights and analyst ratings, all from trusted sources in a single touchpoint.
It also features a Shariah indicator to help investors identify the Shariah-compliance status of stocks before they engage in any transactions.
Investors can access content such as explainers of investment terminology, best practices, and how-to guides. Beginners can try trading on Webull’s Paper Trading, an in-platform training simulator to buy and sell without involving real money.
Real time quotes, zero platform fees
Webull Malaysia offers competitive brokerage fees for trades with no platform fees. New customers will enjoy zero commission on tradeable Bursa-listed stocks, US-listed stocks, and ETFs on the Webull app. This offer is available for 180 days from opening a Webull Malaysia account.
Investors can also stand to secure five Apple shares through Webull Malaysia’s launch sign-up campaign. The Webull Malaysia platform is a native-language app available in Bahasa Malaysia and English.
The app is now available on both the Apple App Store and Google Play Store.