Kuala Lumpur, 1 April 2021 – iFAST Capital Sdn. Bhd., a wholly-owned Malaysian subsidiary of iFAST Corporation Ltd is announcing the launch of its latest stocks and exchange-traded fund (ETF) brokerage services on FSMOne in Malaysia – an online wealth management platform providing the widest range of products available to aid investors in their investment goals.
In line with iFAST Capital’s commitment to provide the best of wealth management all under one platform, the new product launch will not only permit do-it-yourself (DIY) investors to acquire unit trusts, direct bonds, managed portfolios and insurance, but to also gain convenient access to Stocks and ETFs listed on Bursa Malaysia.
Mr Wong Weiyi, General Manager of FSMOne Malaysia shared that they are grateful to be the latest Participating Organization to be onboard Bursa since the last one back in 2009.
“Since last year, our client base has grown to over 100,000 active accounts. Therefore, with the launch of Stocks & ETFs trading platform, we believe that our investors will appreciate this enhanced Multi-Asset Platform,” said Mr Wong.
FSMOne brands themselves as a Multi-Asset platform where investors can invest in Stocks & ETFs, Unit Trusts, Bonds, Managed Portfolio and Insurances all in one place. With a competitive brokerage fee of 0.05% with a minimum of RM8.80, FSMOne looks to provide a holistic platform to cater to all clients’ investment needs.
Given the heightened interest in financial markets by fresh investors, iFAST Capital seeks to add value by providing in-depth and expert research to keep investors abreast of market happenings, for investors to make an informed decision.
“We publish periodic articles and host events with fund managers to ensure our investors are always ready to make a decision in all sorts of market conditions.”
In addition to the launch of Stocks and ETFs in Malaysia, iFAST Capital is looking to broaden its market to provide Stocks and ETFs listed in the United States and Hong Kong in the near future with the goal that investors can create a globally diversified portfolio.
FSMOne will also be offering to its existing and new investors to try the platform and enjoy 0% commission for the entire month with no limit.
For more information on this offering or on FSMOne, please visit https://www.fsmone.com.my/.
FSMOne Malaysia (previously known as Fundsupermart.com Malaysia) is the online unit trust distribution arm of iFAST Capital Sdn. Bhd. (“iFAST Capital”), established in Malaysia since 2008.
iFAST Capital is a subsidiary of iFAST Malaysia Sdn. Bhd. which is wholly owned by iFAST Corporation Ltd. (“iFAST Corporation”). iFAST Corporation is headquartered in Singapore and the iFAST group of companies are also present in Hong Kong, Malaysia and China. The company was incorporated in Singapore on 10 January 2000 and was listed on the Singapore Exchange Mainboard in December 2014.
In 2020, iFAST Capital acquired a ‘Participating Organization’ license from Bursa Malaysia and subsequently added Stocks & ETFs trading feature to FSMOne website, making it the First Multi-Asset Digital Investment Platform in Malaysia.
In addition, iFAST Capital is a holder of a Capital Markets Services Licence (CMSL). It is licensed by the Securities Commission to deal in unit trusts and Private Retirement Schemes (PRS), offer investment advisory services, deal in OTC bonds and offer fund management services in relation to portfolio management. iFAST Capital is also registered with the Federation of Investment Managers Malaysia (FiMM) as an Institutional Unit Trust Adviser (IUTA) and Institutional Private Retirement Scheme Adviser (IPRA) and an approved Financial Adviser licensed by the Central Bank of Malaysia to conduct financial advisory business.