Kenanga Share Trading Account (2022). Find Out Now! (2024)

Table of Contents
About Kenanga What is share trading? What are the share trading platforms offered by Kenanga? Why should I choose Kenanga? Who can open a Kenanga share trading account? What is the minimum purchase for Kenanga share trading account? What are the fees of the Kenanga share trading account? What is the process of opening the Kenanga share trading account? How do I contact Kenanga? FAQs

About Kenanga

Kenanga Investment Bank Berhad is Malaysia’s most prominent, award-winning investment bank, regulated by the Securities Commission. Since its establishment in 1973, Kenanga has offered various financial services and products regarding investment ranging from equity broking to investment management and structured lending.

What is share trading?

Share trading is buying and selling shares, which can be done quickly for a profit. In contrast to regular investors who use long-term strategies to invest their money into companies’ shares, traders usually have more volatile investment patterns because they focus on the price fluctuations that occur daily or recently rather than just looking at how profitable it will potentially become over time.

What are the share trading platforms offered by Kenanga?

Why should I choose Kenanga?

  • Trusted

    Kenanga is an award-winning stockbroker whom most Malaysians trust.

  • Real-time trading information

    You can see your account balance summary and the calculation of profit, loss, and account margin in real-time.

  • Easy to use

    User-friendly apps that can be used on the go (available for desktop and mobile phone on Google Play Store and App Store).

  • Security is guaranteed

    Multi-factor authentication to ensure you are the only one who has access to your account.

  • Flexible

    Local and global markets products are available for you to trade.

    See Also
    Save

Who can open a Kenanga share trading account?

Any individual who is 18 years old and above with no past criminal records is welcome to open any Kenanga share trading account.

What is the minimum purchase for Kenanga share trading account?

  • KenTrade

    No minimum amount (at least RM10 in your account)

  • KDF TradeActive™

    RM3,000 (initial deposit)

What are the fees of the Kenanga share trading account?

  • KenTrade

    • Brokerage fees

      0.42% (Contracts below RM100,000) | 0.21% (Contracts below RM100,000)*

    • Minimum brokerage fees

      RM28

    • Transaction fees

      RM1 stamp duty for every RM1,000**

    • Clearing fees

      0.03% from transaction value**

  • KDF TradeActive™

    If you are a client of Kenanga Futures, there will be no charge imposed on you as it is a complimentary trading platform.

*As of 3 March 2022
**6% SST is applicable

What is the process of opening the Kenanga share trading account?

  • KenTrade
    1. Open CDS account
    2. Provide these documents:
      • Copy of NRIC/ passport
      • Copy of bank statement/ bank confirmation letter/ bank passbook
    3. Download all the forms here
    4. Visit website
    5. Register for Kenanga Trading Account by clicking “Open Kenanga Trading Account”
    6. Wait for a dealer representative to contact you
    7. After a dealer representative has contacted you, go back to the link and click “Register for Online Account”
    8. You will be sent a confirmation letter regarding your account opening confirmation.
  • KDF TradeActive™
    1. With your account, bank in RM3,000 (initial deposit) to Standard Chartered Bank, (312143571425) Kenanga Futures Sdn Bhd.
    2. Provide these documents:
      • Copy of front and back of NRIC/ passport with your signature on the side
      • Selfie with NRIC/ passport
      • Copy of 3 months of bank statement/ latest payslip
      • Bank-in receipt
      • Utility bill
    3. Visit Kenaga website
    4. Click “DOWNLOAD NOW” to download the application form
    5. Fill in the form and submit it along with the required documents via email to e-futuresacc@kenanga.com.my
    6. Your application will be processed within 5 business days.

How do I contact Kenanga?

  • KenTrade

    You can contact them through phone (1800-88-2274), WhatsApp (+60172438740), or email (KenTrade@kenanga.com.my)

  • KDF TradeActive™

    You can contact them at +60321723820 or future@kenanga.com.my

Kenanga Share Trading Account (2022). Find Out Now! (2024)

FAQs

How to check Kenanga account? ›

How do I obtain the latest information on my investment account(s)?
  1. You may log in to KenEasy to view your investment details or;
  2. Contact our Investor Services at 1-800-88-3737 or;
  3. Drop us an email at investorservices@kenanga.com.my or;
  4. Visit any KIB branches nearest to you or;
  5. Contact your servicing adviser.

Keep Reading ›
What is the difference between a trading account and a CDS account? ›

A brokerage account allows you to trade shares through your broker. A CDS account records the ownership of Malaysian securities (i.e. stocks listed on Bursa Malaysia). For example, you could have a brokerage account with both Maybank and CIMB, and you buy Stock A through Maybank and Stock B through CIMB.

View Details ›
Can open a cds account online? ›

Alternatively, you may submit your CDS account opening request via Bursa Anywhere mobile application (“Bursa Anywhere”) by completing the electronic account opening form, and selecting your preferred ADA/stockbroking company.

Discover More Details ›
Is KenTrade legit? ›

Stock Broker in Malaysia

KenTrade, the leading share trading platform in Malaysia, offers the latest stock market reviews and versatile stock trading via Bursa Malaysia and foreign stock markets; all in one easy-to-use and secure account.

Get More Info ›
How do I find my e trade account? ›

Once you log in to your E*TRADE account, simply navigate to the 'Account' or 'Profile' section of the dashboard. Within this section, you should be able to easily find your account number displayed prominently. This eliminates the need to dig through physical documents or call customer service for assistance.

Find Out More ›
How do I check my Bursa account? ›

You can obtain account balance by completing a Balance Inquiry Request form which is available at your ADA/stockbroking company's office. You will be given your latest CDS account balance without the transaction details.

Get More Info ›
Is it better to put money in CD or stocks? ›

Because CDs offer a fixed return, they're the better choice if you'll need the money in the near future. For goals you have within the next five years, go with CDs over stocks. To give you a few examples, CDs can work well for money you plan to use for: A down payment on a home.

Read More ›
How do I check my shares online? ›

The Demat Account Statement
  1. Visit the CDSL website.
  2. Click on login and enter your Beneficiary Owner Identification Number (BO ID) and password.
  3. Enter your PAN card details and date of birth (DOB).
  4. Complete the captcha requirements.
  5. Enter the OTP, which will be sent to your registered mobile number.

Learn More Now ›
What are the best stocks to invest in right now for beginners? ›

Like Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), and Meta Platforms, Inc. (NASDAQ:META), Vistra Corp. (NYSE:VST) is among the best beginner stocks to buy this year.

Show Me More ›
How much money is needed to open a CD account? ›

Minimum deposits vary based on account and financial institution, but a required deposit of around $500 to $1,000 is typical when opening a CD. However, it is possible to find CDs with no minimum deposit requirement. Jumbo CDs are like regular CDs but require much larger minimum deposits.

Get More Info Here ›

How to withdraw money from a CDs account? ›

Withdrawing funds from a CD account is a relatively straightforward process that involves five steps:
  1. Review the CD terms.
  2. Consider your options.
  3. Speak to a bank representative to initiate your CD withdrawal.
  4. Pay any early withdrawal penalties you incur.
  5. Receive your funds.
Jun 28, 2023

Read The Full Story ›
How do I open a share trading account? ›

A Step by Step Guide to Opening a Trading Account
  1. Decide what kind of demat trading account you'll need. ...
  2. Make a cost-benefit analysis of the various options. ...
  3. Consider the amenities and services available. ...
  4. Fill out the application for a opening a trading account. ...
  5. Make a deposit into the trading account.

Explore More ›
Which broker is best for the stock market? ›

To help you navigate through the options, we've compiled a list of the top five stock brokers in India for 2024:
  • HDFC Sky: HDFC Sky, offered by HDFC Securities, has established itself as one of the premier stock brokers in India. ...
  • Zerodha: ...
  • Groww: ...
  • Upstox: ...
  • Angle One:
May 29, 2024

View More ›
Which brokerage has the lowest fees? ›

Examples of brokers with Lowest brokerage charges in India include Zerodha, Angel One & Kotak Securities . These platforms often appeal to traders and investors seeking cost-effective options with transparent fee structures, providing a variety of financial instruments at competitive rates.

Get More Info ›
How much do brokers charge per trade? ›

Usually, in India, the brokerage fee ranges between 0.01% to 0.5% of the total value of the transaction. For instance, if the amount of share is worth rs. 10,000, and the brokerage fee is 0.1%, then the total fee charged would be Rs. 10.

Keep Reading ›
How to withdraw money from Kenanga? ›

Yes, you can make cash withdrawals with the Card at Merchantrade branches, participating agents as well as more than 11,000* VISA Plus ATMs in Malaysia and more than 2.5 million* worldwide. Withdrawal fees apply. Refer to our Product Disclosure Sheet for cash withdrawal charges.

Tell Me More ›
How long does it take to withdraw from KDI save? ›

No, there is no investment lock-in period or penalties for investments in both KDI Invest and KDI Save. You may withdraw the funds from your account at any time.

Discover More ›
What is the minimum balance for KDI save? ›

You can make online deposits by logging into your KDI account where you will be able to transfer funds from your bank account via FPX. A minimum deposit of RM250 is required for KDI Invest while and a minimum of RM100 is required for KDI Save.

Learn More ›
How to register Kenanga online? ›

Welcome to Kenanga Futures's online trading account application.
  1. Image of the front of the New NRIC/Passport/Armed Forces or Police Personnel Authority Card/endorsed temporary NRIC with signature on the side.
  2. Image of the back of New NRIC/Passport/Armed Forces or Police Personnel Authority Card/endorsed temporary NRIC.

Discover More Details ›
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